We continue to view GM stock as undervalued. We maintain our fair value estimate of $77 per share for General Motors GM after the firm reported strong third-quarter results and raised 2024 guidance.

Customers who buy insurance online or by phone (rather than through an agent or broker) use Progressive Direct. Prices can differ slightly between agents and brokers and Progressive Direct auto ...

The 2025 Chevy Corvette ZR1 recently became the fastest car ever built by a U.S. auto manufacturer—and the driver was none other than GM President Mark Reuss. The GM team traveled to Germany's ...

The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety and increase the ...

Chevrolet Surprisingly, the top-speed runs were done by GM president Mark Reuss and not a professional driver. As the video shows, with Reuss behind the wheel the ZR1 hit 233 mph. To compensate ...

GM Energy announced it has expanded its portfolio of home energy management products with the PowerBank, a new modular energy storage system (ESS) that can transfer and store energy from the local ...

GM is launching its new PowerBank home battery unit today, which slots right into the company’s lineup of residential energy management products. The battery lets homeowners collect energy at ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

During the GM Investor Day presentation, the automaker announced that it expects to produce and wholesale about 200,000 EVs by the end of 2024. This estimate is on the low end of GM’s most ...

The hardware will remain the same, but GM will erase the Ultium name other than for production operations such as its Ultium Cells LLC battery joint venture with LG, according to the report.

GM debuted the Ultium brand in March 2020 as part of a much-hyped EV plan that was supposed to see 22 new electric models on sale in the US by 2023. The company formed a $2.3 billion joint venture ...

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