Start the conversation
Shares of General Motors Co. (NYSE: GM) fell more than 1% in premarket hours on news that it plans to slash the MSRP of its three top-selling option packages for the 2015 Cadillac CTS. According to Reuters, the firm has raised new concerns about waning demand for the vehicle. The price change could be as high as $3,000. Shares of GM were up 0.6% in premarket trading.