Mary Barra Pushes GM into A.I. and Autonomous Driving

General Motors (GM) will move its stock listing from the NYSE to Nasdaq, starting November 17, making it eligible for the Nasdaq-100 index. GM reported Q3 earnings with adjusted EBIT of $4.1B and revenue of $50B, and announced a $20B share repurchase program. The company's market value was $64.8B at Monday's close. GM's EV sales fell 61.7% YoY in Q3.

GM announced it will move its stock listing from NYSE to Nasdaq on November 17, 2026, using the same ticker symbol. The company's CFO cited a focus on technology as the reason for the move. GM shares rose 2.4% in pre-market trading following the news.

General Motors (GM) plans to move its stock listing from the NYSE to the Nasdaq Global Select Market, starting November 17, 2026. The company will retain its ticker symbol.

General Motors (GM) reported Q3 2026 earnings with revenue of $50.02B (+2.9% YoY) and net income of $3.34B. Adjusted EPS rose 32.2% to $3.70. GM's China NEV sales exceeded 60% of Q3 sales. The company updated its 2026 guidance, expecting adjusted EBIT of $14.5B-$15.5B and adjusted automotive free cash flow of $11.5B-$12.5B. GM also announced a new $20B share repurchase program.

General Motors (GM) terminated a supply agreement with e-VAC Magnetics, a unit of Vacuumschmelze, for a South Carolina magnet plant. Energy Fuels (UUUU) is acquiring the plant for $1.9B, knowing about the dispute. The outcome is uncertain, and the deal may adjust the acquisition price. The plant has a capacity of 2,000 tonnes annually.

General Motors (GM) canceled a supply agreement with e-VAC Magnetics, a US rare earth magnet plant, leading to arbitration. The plant, costing $500M, was to supply 90% of its output to GM. Energy Fuels (EFR), acquiring e-VAC's parent for $1.9B, says the dispute may affect the acquisition price. The dispute arises as GM scales back EV investments and Western firms seek to diversify rare earth supply chains.