NYSE:GMAuto
GM Engine Probe, New Bank And US Production Shift Reshape Outlook
Regulators have opened a new investigation into failures of GM's 6.2L V8 engines after earlier recall repairs and warranty extensions.
General Motors received federal approval to establish an industrial bank that will offer federally insured financial services.
GM plans to shift production of its Buick Envision SUV from China to Kansas in response to tariffs and regulatory changes.
For investors watching General Motors, NYSE:GM, these developments come as the stock trades around $79.68,...