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GENERAL MOTORS CORPORATION (GM)
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General Motors : GM more than doubles its number of driverless cars

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10/06/2017 | 07:21am CEST

GENERAL Motors has more than doubled its Californian self-driving car fleet in the last three months, the US motor giant said overnight.

During testing in the last month, all incidents or crashes were the result of third parties - humanoperated cars or bicycles - rather than GM's autonomous fleet, a spokesperson confirmed.

The number of robot-driven cars on the streets of California jumped from between 30 and 40 to 100 over the last three months.

Cruise Automation, GM's selfdriving unit, is testing self-driving cars in San Francisco to see if its software can cope with more chaotic urban areas.

(c) 2017 City A.M., source Newspaper

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Financials ($)
Sales 2018 145 B
EBIT 2018 9 947 M
Net income 2018 7 484 M
Finance 2018 5 401 M
Yield 2018 4,41%
P/E ratio 2018 5,87
P/E ratio 2019 6,07
EV / Sales 2018 0,31x
EV / Sales 2019 0,31x
Capitalization 50 411 M
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Technical analysis trends GENERAL MOTORS CORPORATION
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 44,9 $
Spread / Average Target 26%
EPS Revisions
Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Dhivya Suryadevara Chief Financial Officer
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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