Latest news with #GeneralMotorsCompany
Yahoo
11-07-2025
- Automotive
- Yahoo
GM-Backed EnergyX Expands Lithium Holdings in US Smackover Formation with Pantera Acquisition
General Motors Company (NYSE:GM) is one of the best manufacturing stocks to buy according to hedge funds. On July 9, EnergyX, which is a lithium technology startup backed by General Motors, announced the acquisition of 35,000 acres in the Smackover formation from Pantera Lithium. This deal increases EnergyX's holdings in the Smackover to ~47,500 acres. The Smackover is an underground geological formation spanning from Florida to Texas and is known for its rich lithium brine deposits. The acquisition is valued at A$40 million (~$26.1 million) and includes A$6 million in cash and roughly 2.3 million shares in EnergyX, valued at A$14.50 ($9.47) each. A group of technicians in a garage, inspecting car parts and ensuring safety compliance. Pantera, which is an Australia-based company that initially agreed to buy this acreage in 2023, will become a minority shareholder in EnergyX once the deal closes, which is expected later this year. The acquisition highlights the growing interest in boosting US lithium production, despite current low market prices. General Motors Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. While we acknowledge the potential of GM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
10-07-2025
- Automotive
- Yahoo
General Motors Recalls 42,000+ Blazer EVs for Parking Brake Wiring Issue Amidst Strong Sales Growth
General Motors Company (NYSE:GM) is one of the most undervalued NYSE stocks to buy now. In the first week of July, General Motors initiated a recall for over 42,000 Blazer EV vehicles from the 2024-2025 model years due to a potential issue with the rear parking brake wiring harness. This harness may become damaged or corroded, which could lead to the unintended activation of the parking brake or a complete loss of its function. The recall specifically impacts Blazer EVs built before January 31 this year, when an updated wiring harness was introduced. A group of technicians in a garage, inspecting car parts and ensuring safety compliance. Owner notification letters are expected to be mailed starting on August 11 this year. The Blazer EV is one of GM's best-selling electric vehicles, with sales of 6,187 units in Q1, representing a 931% year-over-year increase. General Motors Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. While we acknowledge the potential of GM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
26-06-2025
- Automotive
- Yahoo
General Motors Company (GM)'s CEO Should Be Worried, Says Jim Cramer
General Motors Company (NYSE:GM) is one of the . General Motors Company (NYSE:GM), along with Ford, has struggled in 2025 primarily due to worries of a trade war disrupting the firm's supply chain. Its shares have lost 6% year-to-date primarily due to the firm's extensive supply chain reliance on Mexico. Cramer has noticed this vulnerability in his previous appearances and pointed out that General Motors Company (NYSE:GM) is in a worse position than Ford. His other comments have revolved around the firm and Ford suffering from President Trump rolling back EV policies of the Biden administration which led to General Motors Company (NYSE:GM) investing in EV infrastructure. His recent remarks about the firm asserted that it should continue to worry about trade tensions even if other companies were being relaxed: 'There's a little bit of a disconnect. If I were the. . .CEO of GM, I'd be worried.' In his earlier thoughts about General Motors Company (NYSE:GM), Cramer speculated that perhaps there was some juice in the stock after its beating in 2025: A group of technicians in a garage, inspecting car parts and ensuring safety compliance. 'Right well first if you wanna try to make money make off, you're a trader, it's General Motors, which had the most problems. . .four billion dollar shifts production from Mexico. So that's a clear ramp to 53 I think.' While we acknowledge the potential of GM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
16-06-2025
- Automotive
- Yahoo
General Motors Company (GM): Jim Cramer Sees Clear Ramp To $53
We recently published a list of . In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against other stocks that Jim Cramer discusses. General Motors Company (NYSE:GM) is another major American car manufacturer. Its shares have lost 4% year-to-date and have fluctuated heavily in June. The stock has suffered primarily due to tariffs and their potential to disrupt General Motors Company (NYSE:GM)'s supply chain. Cramer has also discussed the stock in this context several times in 2025. While he believes that the firm can face tariff-induced supply chain disruption, the CNBC host also believes that General Motors Company (NYSE:GM)'s rival Ford is in a better position to navigate the tariffs. However, his latest remarks wondered if the tariff debate had impacted the stock too much and whether it could rebound in case of trade deals: 'Right well first if you wanna try to make money make off, you're a trader, it's General Motors, which had the most problems. . .four billion dollar shifts production from Mexico. So that's a clear ramp to 53 I think. Ford's got it too, they were the two that were held back.' A group of technicians in a garage, inspecting car parts and ensuring safety compliance. Cramer also believes that the threat from Chinese vehicles tends to depress General Motors Company (NYSE:GM)'s valuation. Here's what he said back in 2024: 'The biggest winners though will be the American automakers. There's a widespread belief that our car companies are going to be roadkill once China's auto industry gets here. We got that from — who? None other than the automakers themselves, especially Ford's executive chairman Bill Ford. While we acknowledge the potential of GM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Automotive
- Yahoo
General Motors Company (GM) Has Jim Cramer 'Concerned'
We recently published a list of . In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against other stocks that Jim Cramer discussed. General Motors Company (NYSE:GM), the iconic American car manufacturer, has been a regular feature of Cramer's morning show in 2025. He has discussed the firm primarily in the context of President Trump's tariffs and their impact on American firms with global supply chains. Cramer has gone as far as to suggest viewers to not buy the stock as the impact of tariffs on General Motors Company (NYSE:GM) could be severe. His more recent remarks for the firm have wondered how big the impact on the firm's car prices from tariffs could be. This time around, he commented on a rollback of EV infrastructure in the US and how it could impact General Motors Company (NYSE:GM): "I'm just very concerned about. . . GM. I just think that they, like many companies, built a lot of infrastructure, that was around, electric vehicles. They are under pressure." In March, Cramer General Motors Company (NYSE:GM) in detail. Here's what he said: 'Like the President keeps saying, look there's going to be some people who suffer. Well I figured who they are. They are the [inaudible] GM shareholders. They get to suffer. I always think . . I always say, why should PE 5? Well holy cow! Because it's not four!' Overall, GM ranks 4th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of OKTA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
