GM's driverless car bet faces long road ahead [Reuters]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
Check Earnings Report
US:NYSE Investor Relations:
gm.com/investors/index.html
Company Research
Source: Reuters
GM's driverless car bet faces long road ahead | Reuters 9 Min Read SAN FRANCISCO (Reuters) - It’s one of the biggest bets going in the world of cars. Since May, General Motors Co ( GM.N ) and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japan’s SoftBank Group Corp ( 9984.T ) and Honda Motor Co Ltd ( 7267.T ) to develop a robot taxi service that could safely navigate the city streets of San Francisco by the end of next year - putting it ahead Alphabet Inc’s ( GOOGL.O ) Waymo self-driving car unit, Uber and Lyft. Those expectations are now hitting speed bumps, according to interviews with eight current and former GM and Cruise employees and executives, along with nine autonomous vehicle technology experts familiar with Cruise. These sources say that some unexpected technical challenges - including the difficulty that Cruise cars have identifying whether objects are in motion - mean putting GM’s driverless cars on the road in a large scale
Show less
Read more
Impact Snapshot
Event Time:
GM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GM alerts
High impacting General Motors Company news events
Weekly update
A roundup of the hottest topics
GM
News
- General Motors (GM) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures [Yahoo! Finance]Yahoo! Finance
- Chevy Silverado EV turns into a mobile generator with GM's new home energy bundle [Verge, The]Verge, The
- GM Energy Rolls Out New Product Suite, Offering Customers the Ability to Transfer Power Between EVs and Homes [Yahoo! Finance]Yahoo! Finance
- GM Energy Rolls Out New Product Suite, Offering Customers the Ability to Transfer Power Between EVs and HomesPR Newswire
- Tesla's Price Cuts and Layoffs Indicate There's More Downside in the Stock [Yahoo! Finance]Yahoo! Finance
GM
Earnings
- 1/30/24 - Beat
GM
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- GM's page on the SEC website