General Motors Aktie News

U.S. equities rose at midday as May consumer inflation came in lower than expected, and the U.S. and China reached a trade agreement. The Dow Jones Industrial Average, S&P 500, and Nasdaq all advanced.

GM's stock climbs as the carmaker's $4 billion investment to expand existing capacity is viewed as a better than building new plants, one analyst said.

General Motors (GM) has again responded to President Donald Trump's call for companies to do more domestic manufacturing with a $4 billion investment over the next two years to expand three plants.

GM announced $4 billion in capital projects for its domestic manufacturing footprint. Some models are moving back to America.

General Motors on Tuesday said it is planning to invest about $4 billion at three U.S. facilities.

GM plans to invest $4 billion in several American plants, including adding production of two popular Chevrolet vehicles that are currently built in Mexico. The Detroit automaker announced the plans Tuesday, as there have been few indications of progress in trade talks between the Trump administration and Mexican leaders.

The automotive industry is currently whipsawing back and forth with the uncertainty of tariffs hanging over the manufacturers, suppliers, and -- ultimately -- consumers. That's perfect timing for one of the automotive industry's most highly anticipated presentations: Car Wars, by Bank of America auto analyst John Murphy.

U.S.-China trade talks, made urgent by Beijing's export curbs on rare earths, may see the U.S. relent on chip restrictions, Wall Street strategists say.