Your email has been successfully added to our mailing list.

×
0 0 0 0 0.00160338118878307 0.00362270226754322 0.00327384945659466 0.00107339326445724
Stock impact report

GM Pauses Production of Biggest BEVs at Flagship Detroit Factory [Yahoo! Finance]

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: Yahoo! Finance
General Motors is pausing electric vehicle production at its flagship plant. According to a new report from Reuters , GM idled operations at its Factory ZERO plant in Michigan in mid-March, with the automaker now deciding to extend the timeout until April 13 as sales of large electric trucks and SUVs fall short of expectations. The move temporarily affects approximately 1,300 jobs. Factory ZERO builds most of GM's highest-profile electric models, including the GMC Hummer EV, Chevrolet Silverado EV, GMC Sierra EV, and Cadillac Escalade IQ. However, the plant has been subject to multiple pauses over the past year as demand for large, high-priced EVs has melted. GM had already reduced the plant's forecasted output by roughly half earlier this year. Meanwhile, GM's more affordable electric offerings like the Chevrolet Equinox EV continue uninterrupted at other facilities-including its plant in Mexico-and have shown stronger sales resiliency, probably because they're cheaper. gm p 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
Opt-in for GM alerts
Opt-in for
GM alerts

from News Quantified
Opt-in for
GM alerts

from News Quantified