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General Motors Co

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  • Trader Chatter: Time to Buy Equities! Friday, 1 Aug 2008 | 1:39 PM ET

    Forget capitulation -- it's time to buy equities! Arthur Cashin of UBS offers CNBC a sample of what traders are saying -- straight from the trading floor.

  • Stocks Retreat After ISM, Jobs Reports Friday, 1 Aug 2008 | 12:31 PM ET

    Stocks got a quick pop from the better-than-expected July jobs report but the gains faded within the first 10 minutes of trading.

  • Automakers Driven to Massive Losses in July Friday, 1 Aug 2008 | 12:27 PM ET
    Woman looks at new Toyota Camry on dealer lot

    U.S. auto sales tumbled in July, reflecting a deepening downturn in the industry, with tight credit and weak consumer confidence driving General Motors, Ford Motor and Toyota Motor to post double-digit declines.

  • Big Differences In Earnings and Analysts' Estimates Friday, 1 Aug 2008 | 11:48 AM ET

    What's the value of analyst estimates? Look at the enormous differences between actual earnings and analyst estimates for a couple of recent companies.

  • GM Earnings: Here's Why They Were So Bad Friday, 1 Aug 2008 | 10:36 AM ET

    We knew GM's second quarter earnings would be ugly, but I'm not sure many people expected this kind of number. Certainly Wall Street didn't since the estimate was for GM to lose $1.489 Billion. Turns out Gm's loss was 4 times worse: $6.3 Billion.

  • Stocks Pull Back After Initial Jobs Pop Friday, 1 Aug 2008 | 9:56 AM ET

    Stocks got a quick pop from the better-than-expected July jobs report but the gains faded within the first 10 minutes of trading.

  • GM's Loss: Not A Record But Hardly Trivial Friday, 1 Aug 2008 | 9:13 AM ET

    Significant losses in GM North America, the strike at American Axle, and continued losses at GMAC Financial were just a few of the problems. They say they have access to $26 billion in liquidity, and insist that they have enough liquidity to last through 2009.

  • European Stocks Fall on Selloff in Mining Sector Friday, 1 Aug 2008 | 9:05 AM ET

    European stocks fell on Friday, knocked lower by a sharp drop in mining shares that followed falling metal prices, while automakers retreated after a profit warning from BMW and GM's massive loss.

  • GM Loses $15.5 Billion as Truck Sales Dive Friday, 1 Aug 2008 | 7:57 AM ET

    General Motors posted a $15.5 billion quarterly loss Friday, as North American sales dropped by 20 percent and plunging prices for SUVs prompted deep charges for its auto finance business.

  • Market Insider: Friday Look Ahead Thursday, 31 Jul 2008 | 9:09 PM ET

    The jobs data is the make or break number for markets Friday. The monthly data, reported at 8:30 a.m., is expected to show a decline of 75,000 non-farm payrolls and an unemployment rate of 5.5%.

  • Dow Drops 205 Thursday, 31 Jul 2008 | 5:51 PM ET

    Despite their record breaking profits, Exxon Mobil dragged the Dow lower Thursday after its earnings fell short of Wall Street's expectations. Also comments from Alan Greenspan made on CNBC added to the downward momentum.

  • Automakers Expected to Post Big Drop in July Sales Thursday, 31 Jul 2008 | 5:32 PM ET
    Auto Sales Drop

    Automakers are expected to report on Friday that U.S. auto sales fell for a ninth consecutive month in July, as the industry hits its worst showing in 15 years.

  • GM Talking to Mahindra, Others on Hummer Sale Thursday, 31 Jul 2008 | 10:18 AM ET

    General Motors is in talks with Indian automaker Mahindra & Mahindra to sell its iconic Hummer brand, sources familiar with the matter said.

  • Is The Worst Yet To Come For GM? Thursday, 31 Jul 2008 | 8:18 AM ET
    General Motors logo

    Friday, Wall Street analysts are expecting GM to lose $1.489 billion. If they are right, the loss will be just short of the $1.631 billion GM lost (excluding charges) in that woeful third quarter of 2007.

  • Why China's Love Of Buicks Is Good News For Americans Wednesday, 30 Jul 2008 | 8:43 AM ET
    CNBC Original Productions: Saving General Motors

    With GM on the verge of soon exporting Buick Enclaves to China, I'm reminded of the people who e-mail me on a regular basis about "China sucking the life out of the American automakers." That's a paraphrase, but you get the point.

  • Stocks Claw Back Prior Session's Losses Tuesday, 29 Jul 2008 | 5:19 PM ET

    It just goes to show you, a little attitude never hurts: Stocks clawed back all of the prior session's losses as oil hit its lowest point since May and consumer confidence improved.

  • Oil, Confidence Help Stocks Bounce Back Tuesday, 29 Jul 2008 | 3:57 PM ET

    It's all in the attitude today: Stocks rose after an improvement in consumer confidence.  Stocks were already pointing higher as oil prices receded but that little shot of confidence pushed the Dow up to a triple-digit gain.

  • Stocks Get a Boost From Rise in Confidence Tuesday, 29 Jul 2008 | 11:51 AM ET

    It's all in the attitude today: Stocks rose after an improvement in consumer confidence.  Stocks were already pointing higher as oil prices receded but that little shot of confidence pushed the Dow up to a triple-digit gain.

  • Auto Leasing: Is It Going To Go Away? Tuesday, 29 Jul 2008 | 9:20 AM ET
    2007 Chrysler 300

    In this world, I've long believed that people are either new car/truck buyers, used car/truck buyers, or someone who leases a vehicle. These days, those in that third category are feeling the heat. It's coming from higher interest rates, and being squeezed by the car/truck they are driving.

  • GM Makes More Cuts to Pickup, SUV Production Monday, 28 Jul 2008 | 2:54 PM ET
    GM Headquarters

    General Motors says it's cutting production by another 117,000 vehicles as a result of lower demand for pickup trucks and SUVs.

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