"Shares of General Motors (NYSE:GM) gained 9.92% over the past month after gaining 6.58% the month prior. That has pushed the legacy automaker's year-to-date performance up to 14.37%. The stock's dividend currently yields 1.02%, or 15 cents quarterly, at current its current price. Earlier this summer, it was reported that the company will invest $888 million at its Buffalo, N.Y.-based Tonawanda Propulsion plant to build its next-generation V8 engines."
"Despite GM's significant investments in EVs, the legacy automaker saids it will start the small-block V8 production in 2027. The stock remains down 2.94% as tariff uncertainty remains a headwind. GM sources its parts from a global network of 3,100 primary suppliers and a significant presence in Mexico, Canada and Asia, has suffered according. GM's ascent to the pinnacle of U.S. manufacturing clout and excellence in post-WWII era America made Chevrolet and Buick household names,"
Shares of General Motors rose 9.92% over the past month following a 6.58% gain the prior month, bringing year-to-date performance to 14.37%. The stock yields 1.02%, or 15 cents quarterly. The company plans an $888 million investment at the Tonawanda Propulsion plant to build next-generation V8 engines and intends to start small-block V8 production in 2027. Tariff uncertainty and global supplier exposure, including a network of 3,100 primary suppliers and significant presence in Mexico, Canada and Asia, present headwinds. GM has reduced battery costs, launched EV models, and scaled production with Ultium Drive and multiple battery plants.
Read at 247wallst.com
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