Tag Archives: NYSE: GM

Pilot Travel Centers, GM, Evgo Open Fast Charging Network

Posted on 5 December 2023 by Ken Zino

Pilot Travel Centers, GM, and EVgo, along with many public agencies and utilities, have worked together to increase the nation’s public fast charging infrastructure. They claim this creates a model for how public-private collaboration can make measurable progress in accelerating broader access to EV charging. The three companies have worked to provide current and future EV drivers “with a thoughtful, practical and accessible charging experience for long distance travel.” Continue reading →

Posted in auto news, connected vehicles, customer satisfaction, electric vehicles, environment, global warming, marketing, mobility company, news analysis, public health, shows and events | Tagged , , , , , , , , , | Leave a comment

GM Takes UAW Contract Costs in Stride. Ups 2024 Dividend

Posted on 29 November 2023 by Ken Zino

“We are finalizing a 2024 budget that will fully offset the incremental costs of our new labor agreements and the long-term plan we are executing includes reducing the capital intensity of the business, developing products even more efficiently, and further reducing our fixed and variable costs,” said Mary Barra, GM Chair and CEO. Continue reading →

Posted in auto news, connected vehicles, economy, electric vehicles, environment, financial results, global warming, labor issues, manufacturing, mobility company, news, news analysis, prices, shows and events | Tagged , , , , , , , , , | Leave a comment

GM Earns $3.6 Billion in Q3 2023

Posted on 24 October 2023 by Ken Zino

General Motors (NYSE: GM) today reported third-quarter 2023 revenue of $44.1 billion, net income attributable to stockholders of $3.1 billion and EBIT-adjusted of $3.6 billion on global sales of 981,000 vehicles.* The $3.6 billion includes ~$(0.2) billion of labor disruption impact, which was before the UAW struck GM’s most profitable plant this morning. Continue reading →

Posted in auto news, financial results, labor issues, manufacturing, mobility company | Tagged , , , , , , , , | 1 Comment

General Motors Sets Q4 2017 Dividend at 38 Cents

Posted on 24 October 2017 by Ken Zino

GM shares have moved higher since September – about +29.5% for the year. The company claims it is concentrating on ridesharing – the Lyft semi-acquisition looks brilliant – electric vehicles and self-driving cars. GM is also adding Maven Gig to more cities. Continue reading →

Posted in financial results, news analysis | Tagged , , , , , , , | Leave a comment

Autonomous Vehicles Buying Stampede – GM and Strobe

Posted on 11 October 2017 by Ken Zino

LIDAR uses light to create high-resolution images that provide a more accurate view of the world than cameras or radar alone. As self-driving technology continues to evolve, LIDAR’s accuracy will play a critical role in its deployment. Long gone is the original fantasy that State and Federal road markings would be adequate. – they don’t even work for human directed vehicles. Continue reading →

Posted in autonomous vehicles, design and styling, electronics, engineering | Tagged , , , , , , | Leave a comment