-
Recent Posts
- BMW iX5 Hydrogen Fuel SUV Prototype Under Testing
- Porsche Sells Its Bets on Bugatti Rimac and Rimac Group
- Aston Martin and Brough Superior Debut AMB 002 Motorcycle
- Honda Racing – Kelvin Fu Replaces President David Salters
- Stellantis Opens All-Makes Bodyshop Repair Label
- IndyCar – McLaughlin Wins Laguna Seca. 2027 Preview?
- Chrysler Recalls 239,000 Ram Pickups for Camera Failures
- Ford Recalls 150,000 Mustangs for Sudden Drive Power Loss
- AAA – Labor Day Weekend Travelers Face Record Pump Prices
- Stellantis SUSTAINera Expands Remanufactured Parts Line
- Milestones – 2 million Visitors at the Mazda Museum
- First Look – Lexus NX Compact Crossover Hybrid SUV
- Annals of Marketing – Amazon Style Taking Over Car Buying?
- Honda and Alex Palou Win 2026 NTT IndyCar Series Titles
- Trump-Conomics = Everybody Loses a U.S.-Canada Trade War
Recent Comments
- AAA on AAA – August 20 Gasoline Prices Highest Ever!
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
Archives
Meta
Tag Archives: gm global business conference
GM CEO Akerson Buys Another 10,000 Shares at $25.05
Akerson vowed this week that there was plenty of upside in GM stock given its new structure and emphasis on managing costs. On a cost cutting side, one program with great promise involves vehicle architectures. Akerson said “We need to simplify.” The company said that by 2018 it plans to cut that number to 14 from the 30 currently use.
Skeptics, and there are many, say show us the earnings per share and start paying dividends. Well, at least Akerson is putting his money where his promises are, so to speak. Continue reading
GM Stock Below $25 down from $39 High as Conference Opens
During the program, senior leaders reviewed GM’s progress and outline plans for further improvement. In a sense GM is playing a “beat the reaper” game – can GM increase share and sales of less profitable small cars such as the Chevrolet Sonic, which is just entering production, at a greater rate than the drop off in truck sales and larger per unit profits in North America, while growing in Eastern Europe, South America and Asia? Continue reading
Posted in auto news, economy, financial results, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, dan akerson, GM, gm business plan, gm earnings, gm global business conference, gm ipo, gm outlook, gm returns, gm stock price, Ken Zino, zino
Leave a comment
