General Motors is a leading global automotive company that designs, manufactures, and sells a diverse range of vehicles, including cars, trucks, and SUVs under various brand names. The company is committed to innovation in transportation, focusing on the development of electric and autonomous vehicles to meet the evolving needs of consumers and address environmental challenges. With a rich history in the automotive industry, General Motors also emphasizes safety, performance, and technology integration in its products while working toward sustainability initiatives and expanding its presence in the global market. Read More
Shares of major automakers such as Ford Motors Inc. (NYSE: F), General Motos Inc. (NYSE: GM) and Stellantis Inc. (NYSE: STLA) are trading higher Monday after President Donald Trump indicated he wants to support car companies navigating recent trade changes.
What has Wall Street been buzzing about this week? Here is a short look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of April 7-11, 2025.
GM informed the union of temporary layoffs starting April 14 at CAMI Assembly. Workers will return in May for limited production, and thereafter, production will cease again, with operations idling until October 2025, Unifor said.
Shares of automotive manufacturer General Motors (NYSE:GM)
fell 5.9% in the afternoon session after UBS downgraded its rating from Buy to Neutral, signaling a more cautious outlook on the stock's near-term potential. The firm also lowered its price target from $64 to $51, citing reduced earnings expectations.
The firm expects the net price of new vehicles in the U.S. to rise by about $2,000 to $4,000 over the next 6-12 months as car manufacturers pass on tariff-related costs, Reuters reported.
