General Motors Company (GM) designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide.
The company operates through GM North America, GM International, Cruise, and GM Financial segments.
It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names.
The company also sells trucks, crossovers, and cars to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments.
In addition, it offers safety and security services for retail and fleet customers, including automatic crash response, emergency services, crisis assist, stolen vehicle assistance, roadside assistance, and turn-by-turn navigation, as well as connected services comprising mobile applications for owners to remotely control their vehicles and electric vehicle owners to locate charging stations, on-demand vehicle diagnostics, smart driver, marketplace in-vehicle commerce, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity.
Further, the company provides automotive financing services; and operates an online new vehicle store.
GM announced yesterday at the CES (Consumer Electronics Show), a new business unit, BrightDrop, to its commercial consumers as an electric car and corresponding product line. With hopes to become the leading electric car maker, at a bid of $27 billion, this stock should see an increase in share prices.
Entry Point: $48.00
Trading Range: $14.33 - $48.95
Stop Loss: $45.60
Target Price: $52.80
GM closed at $54.90.