NYSE:GMAuto
General Motors (GM) Valuation Check As US$7.1b EV And China Charges Reshape Its Outlook
General Motors (GM) plans to record US$7.1b in special charges for the fourth quarter, largely linked to electric vehicle cutbacks and China restructuring. This move puts its capital allocation and valuation under closer investor scrutiny.
See our latest analysis for General Motors.
Despite the planned US$7.1b in charges and shifting EV plans, GM shares recently reached a new 52 week high, with a 90 day share price return of 45% and a 1 year total shareholder return of 67.69%, suggesting...