Ask any investor who believes in technical analysis. Stocks that breakout to the upside or to the downside need to be accompanied by high volume. GM has yet to exceed any of the post-IPO high volume days, even on the breakout of December 30. At best, the GM stock price on Jan. 3 made a new high, with volume of 32 million shares registering #4 on the volume hit parade.
Those numbers include all GM vehicles sold, including the few units sold from the deceased brands (Hummer, Saturn, Pontiac) and when you look just at the existing GM brands, the company moved 223,9
Good news is, peace has been restored between GM and the Montana mining company that provides precious metals for emission-reducing catalytic converters.
For certain we will see the continuation of technical innovations like Ford’s EcoBoost engines that have the power of a V8 in a 6 cylinder, but the gas mileage of a 4 cylinder. Moreover, we will continue to see the mainstream deliveries of a plethora of plug-in hybrid vehicles, like Chevy Volts, Nissan Leafs and Fisker Karmas. Even the Toyota Prius will follow suit with its own version of a plug-in.
In the 2011 model year Cadillac Escalade EXT, Chevrolet Avalanche, Chevrolet Silverado (light duty) and GMC Sierra (light duty) units affected by the latest GM recall, the cross pin in the rear axl
And, in case you weren’t looking, there is now a technical renaissance emerging within the auto industry. The electrification of the automobile is spreading and driving gains within the internal combustion engine as well.
Fishburne, who is best known for his role is Morpheus in the Matrix trilogy, will provide the voice of this new advertising campaign.
One look at the photo provided by media.gm.com and you immediately see it is highlighted by a bold exterior design, enhanced all-terrain suspension and premium details expected of
In the 97,843 GM crossovers recalled for this issue, it seems that the front safety belt anchors can crack over time and should the vehicle be involved in an accident, these cracked safety belt anc
When General Motors proceeded with their IPO earlier this month, part of their goal was invest a portion of the money from the public offering to purchase back the GM stock owned by the government.