Tag: General Motors
General Motors Reports Strong Q3 Earnings, Eyes Record Profits for 2024
General Motors (GM) surprised analysts with much stronger-than-expected third-quarter earnings, positioning the company for potentially record-breaking profits in 2024. This impressive performance comes just a [more…]
End of an Era: Chevy Malibu to Cease Production
The Chevrolet Malibu, a longstanding emblem of American automotive culture, will end production this year, marking a significant shift in General Motors’ focus towards electric [more…]
Berkshire Hathaway’s Strategic Portfolio Adjustment Amid Market Shifts
In a recent strategic shift, Warren Buffett’s conglomerate, Berkshire Hathaway, has divested its complete holding in General Motors, equating to an $850 million stake. This [more…]