{
Mark Reuss

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general motors executives sell shares as institutional investors increase stakes

President Mark L. Reuss sold 122,283 shares of General Motors at $55.16 each, totaling $6.75 million, reducing his stake by 49.07%. Insiders have sold over 1 million shares in the past three months, while institutional investors hold 92.67% of the company. UBS Group raised its target price for GM from $62 to $64, indicating a potential upside of 23.79%.
MarketBeat
General Motors Company USA Mary Barra Mark Reuss
Business & Industry, Market Report
21:33 17.01.2025

GM Cadillac approved as new Formula 1 team starting in 2026

Formula 1 has approved GM-Cadillac as the 11th team for the 2026 season, marking a significant entry for an American car manufacturer into the sport. This decision follows a year of negotiations and tensions after Andretti Global's initial application was rejected. GM plans to build its own power unit by the end of the decade, with Mario Andretti joining the team’s board, expressing his excitement about returning to F1.
CNBC
General Motors Company Cadillac USA Dan Towriss Mark Walter Mario Andretti Mark Reuss Show more
Regulatory & Legal, News Article
20:21 25.11.2024
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