(excerpt)

General Motors Co. is scheduled to report third-quarter results before the bell Wednesday. 

The auto maker's adjusted profits are expected to shrink quarter-on-quarter, as GM has struggled with falling sales, rising raw-material costs, the impact of trade wars and tariffs, and the U.S. dollar's strength hitting its international business.

Adding to the pressure, rivals Ford Motor Co. and Tesla Inc. reported standout third-quarter results this week that sent shares of both companies rallying. 

Despite its "healthy" balance sheet, General Motors will look to counter those headwinds, and that could mean workforce and product line cuts, said David Kudla, chief executive of Mainstay Capital Management.

"Nothing is off the table," he said. GM is leading the industry in articulating and executing a vision for the future of mobility, but its share price has languished, he added.

"In light of flattening to declining sales, GM will need to convince investors its full in-house intregration approach to flexible mobility - make the car, write the code, and sell the rides - has high growh opportunity," Kudla said.

 

If you would like a copy of the complete article, please send an email request to This email address is being protected from spambots. You need JavaScript enabled to view it., or call toll-free 1-866-444-6246. If sending an email request, please include the following: title, date of article, and your mailing address.

Important Consumer Disclosure

Mainstay Capital Management, LLC is an investment advisor registered with the Securities and Exchange Commission. Due to various state regulations and filing requirements, Mainstay and its representatives may only provide investment advisory services in those states in which it is first appropriately registered or otherwise exempt or excluded from registration requirements. The purpose of this website is to provide the public with general information about the services offered by our investment management firm. Mainstay does not render personalized investment advice or services or effect, or attempt to effect any securities transactions, on this website. Our firm continuously monitors its filing requirements in all states, and will provide individualized advisory services only in accordance with various state regulations. Mainstay does not make any representations or warranties as to the accuracy, completeness, or relevance of any information prepared by any unaffiliated third party provider, whether linked to Mainstay's website or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.