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News Breaks | | | | December 11, 2012 | | 06:20 EDT |  | GM | GM increasing discounts to sell more trucks, Bloomberg reports
As it struggles with an oversupply of full-sized trucks, GM (GM) is now offering an increased package of incentives on Chevrolet Silverados and GMC Sierras, reports Bloomberg. The incentives may be as high as $5,000 per pickup this month versus under $4,000 in November on Silverados, according to researcher TrueCar.com’s estimates. Reference Link | |
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News For GM From The Last 14 Days Check below for free stories on GM the last two weeks. |
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| May 6, 2013 | | 07:10 EDT | | GM | Market for midsize cars wide open, WSJ reports
Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, reports the Wall Street Journal.Reference Link | | | 06:23 EDT | | GM | General Motors, Ford heavily investing in Russia auto market, Detroit News says
 Subscribe for More Information | | | 06:18 EDT | | GM | Ford, others see Thailand as springboard for exports, Bloomberg reports
Ford’s factories in Thailand can produce eight times more vehicles than it sells locally. And Thailand is Southeast Asia’s biggest car market and an export hub for the region as automakers such as Ford ship most of the vehicles to nearby countries tax-free. Ford and Japanese automakers sees Southeast Asia as a way to help overcome slowing sales in markets like Europe, and has said its expansion in Thailand is part of an “aggressive growth plan” for the region. Reference Link | | | 06:06 EDT | | GM | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, the Wall Street Journal reports...There was no big news at Berkshire Hathaway’s (BRK.A) annual meeting this past weekend, but there was one great lesson for investors: Perhaps the most important thing you can do when everything seems to be going right in your portfolio is to listen to somebody who insists you are wrong, the Wall Street Journal reports...REUTERS: Some Verizon Communications (VZ) shareholders say they could be happy for the company to pay up to $130B for Vodafone Group’s (VOD) stake in their U.S. wireless venture. Two large shareholders in Verizon say they could be comfortable with paying 20% to 30% more to secure Verizon Wireless, Reuters reports...A unit of Sinopec Group (SHI) and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to $3.5B in total, injecting life into Asia's moribund IPO markets where deal values more than halved in Q1, Reuters reports...BLOOMBERG: Bond investors are gaining confidence that Fed Chairman Bernanke will unwind the central bank’s unprecedented $3.3T balance sheet without sparking a crash similar to 1994, Bloomberg reports...Apple (AAPL) is missing out on an opportunity to court up to 2.8B new smartphone customers, many of them in Asia, as wireless-service providers balk at conditions imposed by the iPhone maker and drag their heels in signing on as partners, Bloomberg reports. | |
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