General Motors to Halt Silverado 1500 Production at Oshawa Plant in Canada
GM General Motors Company
$84.00 +1.98%
View chart & analysis → - 1General Motors will stop production of the light-duty Silverado 1500 in Oshawa, Canada, in November.
- 2General Motors stock rose 7.4% on October 9 (closing price on September 30 was $77.00).
- 3Ford reported a 6.6% decrease in third-quarter revenue.
So what's the key point?
General Motors decided to stop making Silverado 1500 vehicles at its Canadian plant. However, the company's stock price rose by 7.4 percent.
Source TIKR · View original ↗
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