General Motors reported a mediocre result as the company continued to face strong headwinds from the global chips shortage. The company has been going through its fair share of challenges and was forced to widen its recall of the Bolt to more than 140,000 vehicles to replace battery modules and to address fire risks after a series of fires. The negative updates regarding the halt of production at its Orion Assembly plant in Michigan for an additional three weeks did cause some market pessimism. ....

09 Nov 2021
General Motors Company - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/09

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General Motors Company - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/09
- Published:
09 Nov 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
General Motors reported a mediocre result as the company continued to face strong headwinds from the global chips shortage. The company has been going through its fair share of challenges and was forced to widen its recall of the Bolt to more than 140,000 vehicles to replace battery modules and to address fire risks after a series of fires. The negative updates regarding the halt of production at its Orion Assembly plant in Michigan for an additional three weeks did cause some market pessimism. ....