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Floods in the state of Rio Grande do Sul in Brazil have hit production at ten automotive manufacturers and a large network of suppliers, with plants and transport routes still out of action
After its first full year on the market,
2023 Chevy Montana revealed for Brazil. It's a mini-pickup truck based on the Chevy Tracker and is smaller than a Ford Maverick or Hyundai Santa Cruz.
After five months downtime, production of the Chevy Onix family, including the sedan and hatchback, will begin at the GM Gravatai plant in Brazil.
$52.63 By comparison, shares of GM’s cross-town rival, Ford Motor Company, increased 1.54 percent, or $0.21, during the same timeframe. GM Stock Factors GM stock value fell slightly this week after a 6-percent drop last week and stable performance the week prior. Some of the factors affecting GM stock value this week include the announcement of a second recall for the Chevy Bolt EV over a potential fire risk, affecting some 50,000 units. GM previously issued a recall in November of 2020 for 69,000 Chevy Bolt EV models, while issuing an initial fix for the issue in April. In GM production ne...