General Motors is a staple in the auto industry, but has had it?s fair share of financial troubles. Back in 2008, the auto industry began to decline as people were no longer purchasing vehicles and the economy tanked. Now, everyone is back to normal levels and they are selling car, but the current issue is subprime auto lending. This has been talked about as the number of less qualified borrows has increased, the worry is default rates will increase as well. If this comes true, GM is certain to feel to affects as this will directly impact the auto industry. [more
General Motors Company (GM) is traded on New York Stock Exchange in USA. It is located in MICHIGAN, U.S.A and employs 215,000 people. GM is listed under Automobiles and Trucks category by Fama And French industry classification.The company currently falls under 'Large-Cap' category with market capitalization of 65.86 B. General Motors Company is active under Vehicles
sector as part of Car Truck And Bus Manufacturers
industry. This company has 1.45 B outstanding shares of which 32.48 M shares are currently sold short in the market by investors with about 2.22 days to cover all shorted shares.
GEN MOTORS reports about 20.53 B in cash with 18.08 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.09.
Check GM Probability Of Bankruptcy