trucks

GM Banks on Cash Hoard to Ride out Pandemic
Financial Performance

GM Banks on Cash Hoard to Ride out Pandemic

“We believe that we’re positioned well to manage through this because we’ve taken swift actions to preserve liquidity,” CFO Dhivya Suryadevara says.
By Matthew Heller | May 6, 2020
Read More
Volkswagen Aims to Raise $2.1B From Truck Unit IPO
IPOs

Volkswagen Aims to Raise $2.1B From Truck Unit IPO

The carmaker plans to invest proceeds into transforming auto production as it readies to launch electric vehicles.
By Lauren Muskett | June 14, 2019
Read More
GM Price Hikes Drive Earnings Beat for Q3
Financial Performance

GM Price Hikes Drive Earnings Beat for Q3

The automaker raised vehicle prices in the U.S. to a record average of more than $36,000, offsetting declining sales volumes across every brand.
By Matthew Heller | October 31, 2018
Read More
GM Profit Takes Big Hit From Factory Downtime
Financial Performance

GM Profit Takes Big Hit From Factory Downtime

The automaker has been retooling factories to prepare for the launch of new full-size pickups.
By Matthew Heller | April 27, 2018
Read More
GM’s Streak of Profit Growth to End This Year
Strategy

GM’s Streak of Profit Growth to End This Year

The automaker expects to return to growth in 2019 as its new range of high-margin trucks goes into production.
By Matthew Heller | January 16, 2018
Read More