General Motors (GM, $35.93) Plans To End Operations at Oshawa Plant in Canada , To Restructure Product Line and Cut Costs
General Motors wants to shut down production in the Canadian city of Oshawa, Ontario by 2019. On Monday, GM chairman and CEO Mary Barra revealed during a conference in Detroit that the auto maker is planning to end production at the Oshawa assembly plant, along with two other facilities in Detroit and Warren, Ohio. The company apparently is looking to focus more on autonomous and electric vehicles.
According to Barra, GM's restructuring of its product manufacturing process will result in cost savings of an estimated $6 billion for the company by 2020, and might include slashing its global salaried and salaried contract staff by 15 per cent. (as reported by Canada’s CBC). But it is not yet fully clear exactly how many of the 2,500 jobs at Oshawa will be lost.
Unifor, which represents 315,000 unionized workers in Canada, said late Sunday that while it does not have the complete details yet, it knows that no GM product has been allocated to the Oshawa Assembly Plant past December 2019. The union also mentioned in the Sunday note that it had been informed that GM will "make a major announcement" on Monday that would likely affect global operations. “Based on commitments made during 2016 contract negotiations, Unifor does not accept this announcement and is immediately calling on GM to live up to the spirit of that agreement," Unifor said.
Monday morning, thousands of General Motors assembly plant workers in Oshawa, Ont., halted production. The union is planning to hold a meeting with GM later in the day.
More than 16 months ago, GM was reportedly considering "whether to cancel at least six passenger cars in the U.S. market after 2020, including the Chevrolet Volt hybrid, Buick LaCrosse, Cadillac CT6, Cadillac XTS, Chevrolet Impala and Chevrolet Sonic," according to Reuters, citing unnamed sources familiar with the matter. The carmaker’s steps seem to be a response to a slowing demand in the auto market.
GM sees MACD Histogram crosses below signal line
GM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 02, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 49 instances where the indicator turned negative. In of the 49 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 06, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GM as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for GM crossed bearishly below the 50-day moving average on October 15, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GM's RSI Indicator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 cases where GM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
GM moved above its 50-day moving average on October 17, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GM advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
GM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 234 cases where GM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.832) is normal, around the industry mean (4.122). P/E Ratio (8.855) is within average values for comparable stocks, (273.818). Projected Growth (PEG Ratio) (1.435) is also within normal values, averaging (1.929). GM has a moderately low Dividend Yield (0.009) as compared to the industry average of (0.045). P/S Ratio (0.323) is also within normal values, averaging (30.930).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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a manufacturer of cars, trucks and automobile parts
Industry MotorVehicles
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