3 Auto Stocks Seeing Action: GM’s Offroad Vehicles, Toyota’s DirecTV Deal, Tesla’s Potential Problems

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General Motors Co. (NYSE:GM): GM says that it will consider producing an off-road version of its Chevrolet Tahoe and Suburban models, and their corresponding GMC counterparts, as the automaker believes that the off-road market will maintain a robust level of demand. GM does not yet have a purpose-built vehicle for off-roading like its competition does. Separately, GM has announced that it will repurchase 120 million shares of its preferred stock from the UAW Retiree Medical Benefits Trust for around $27 per share.


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