The U.S. Wireless Carriers have it all going for them in the Net Neutrality Movement considering that the nation’s largest automaker, General Motors Company (NYSE:GM), has allied with their side. The automaker appealed to the Federal Communications Commission citing the affect of new rules on its wirelessly connected cars. General Motors favored the U.S. wireless…
General Motors Company (GM) Faces $10 Billion Lawsuit over Recalls Related To 27 Million Cars Sold Within U.S.
The year 2014 has been a challenging one for General Motors Company (NYSE:GM). The company has been hit by record recalls and compensations to victims of defects in its manufactured vehicles. Now, a lawsuit has been filed by car owners who are demanding to be compensated $10 billion over losses incurred due to fallen car…
QUALCOMM, Inc. (QCOM), General Motors Company (GM), Potash Corp./Saskatchewan Inc. (POT): Top Stock Holdings of P.R. Herzig & Co. Inc.
P.R. Herzig & Co. was founded in 1957 as a licensed dealer and an investment adviser to a loyal clientele of wealthy individuals, trusts and pension funds. The firm currently manages funds for families, firms, charitable foundations, and many others. According to its most recent SEC 13F filing on October 10th 2014, QUALCOMM, Inc. (NASDAQ:QCOM),…
General Motors Company (GM)’s Bill Of Defective Switch Is Getting Bigger
General Motors Company (NYSE:GM) has approved 27 deaths for compensation so far in a settlement program opened in August. The company has been receiving complaints from victims and families relating to injuries and deaths that emanated from a defective ignition switch in some of the company’s vehicles. Out of all the 1,193 injury complaints received…
Ford Motor Company (F) and General Motors Company (GM) Feature on Morgan-Stanley’s Downgrade List
For investors who reacted to Ford Motor Company (NYSE:F) being downgraded courtesy of Morgan Stanley by shifting their loyalties to General Motors Company (NYSE:GM), the latest news truly spells disaster. In one of its most recent updates, Morgan Stanley’s auto analyst, Adam Jonas downgraded General Motors too, saying – ‘We believe many elements from…
Tesla Motors Inc (TSLA) Competes With General Motors Company (GM) With Newly Added Automated Driving Features In Model S
It has always been clear from the word go that Tesla Motors Inc (NASDAQ:TSLA) has something for automated driving. So far, several automation features have been added to the Model S sedan with information that the company’s releases will possibly be 90% automated in 2015. Information coming out says that the company is adding more…
General Motors Company (GM) Stops Sale of Two Pickups and Recalls Close to 524,000 Vehicles
Whether you want to say that General Motors Company (NYSE:GM) is out to break recall records or the technology has just gone a notch higher, the recalls by the biggest automaker have been alarming this year. Just shortly after recalling 117,000 vehicles due to a chassis control module issue, the company issued another recall of…
General Motors Company (GM) Recalls 117,000 Vehicles over Chassis Control Modules Defect
General Motors Company (NYSE:GM) is recalling some new model vehicles over faulty chassis control modules that can cause the vehicles to either fail to start or stall. This, the company has said, has the potential of causing a crash. The recalled cars are from 2013 and 2014 model year. Of the 117,000 vehicles recalled, 97,540…
General Motors Company (GM) Deals With 23 Deaths Which Are Linked to Defective Ignition-Switch
As General Motors Company (NYSE:GM) continues with its compensation program for victims linked to the faulty ignition-switch that has led to the recall of 2.6 million vehicles, applications and approvals for compensation are on the rise. A report released by compensation fund manager Ken Feinberg reveals that the total deaths linked to the switch so…
General Motors Company (GM) Gets Investment Grade Rating by Standard & Poor’s
General Motors Company (NYSE:GM) has risen to investment grade, 5 years after the company received government support to lift it from bankruptcy. The Standard & Poor’s gave the company the rating, citing improved global performance that has resulted in a healthy cash flow. S&P took a very keen interest on the impact of the recent…