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Stock impact report

Automobile Manufacturers Stocks Q3 Earnings: General Motors (NYSE:GM) Firing on All Cylinders [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
Much capital investment and technical know-how are needed to manufacture functional, safe, and aesthetically pleasing automobiles for the mass market. Barriers to entry are therefore high, and auto manufacturers with economies of scale can boast strong economic moats. However, this doesn't insulate them from new entrants, as electric vehicles (EVs) have entered the market and are upending it. This has forced established manufacturers to not only contend with emerging EV-first competitors but also decide how much they want to invest in these disruptive technologies, which will likely cannibalize their legacy offerings. The 7 automobile manufacturers stocks we track reported a slower Q3. As a group, revenues missed analysts' consensus estimates by 3.4%. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Founded in 1908 by William C. Durant, General Motors (NYSE:GM) offers a range of v Show less Read more
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