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GM News (NYSE:GM)

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08/19/201410:50PMDJNLG Chem in Deal to Supply Batteries to Audi
SEOUL--South Korea's LG Chem Ltd. has secured a deal worth hundreds of millions of dollars to supply electric vehicle batteries to Audi AG, a unit of German auto maker Volkswagen AG. LG Chem, the world's largest battery maker by sales, didn't disclose details of the deal, but said the contract would help Volkswagen's efforts... More...>>
08/18/20145:21PMDJNRisks Create Tumult for Tech, Health-Care Firms
By Noelle Knox And Maxwell Murphy Disruptive change can be good, bad or just plain scary. That is clear from the strongest trends in second-quarter financial results. Seismic shifts in the technology and health-care sectors highlight why executives are divided or undecided about taking financial and strategic risks. At... More...>>
08/16/20148:35AMPRNUSSpecial Mascot Moment: Chevrolet Surprises 11 Children from Around the World to Kick Off Manchester United's Season
Special Mascot Moment: Chevrolet Surprises 11 Children from Around the World to Kick Off Manchester United's Season PR Newswire MANCHESTER, England, Aug. 16, 2014 MANCHESTER, England, Aug. 16, 2014 /PRNewswire/ -- Manchester United first team players wear name of their mascot on back of their shirt upon entering pitch... More...>>
08/15/20145:14PMBWSteve W. Berman, of Hagens Berman Sobol Shapiro LLP, Named Co-Lead Counsel in General Motors Class-Action Lawsuit
Attorney Steve W. Berman, managing partner and co-founder of Seattle-based Hagens Berman Sobol Shapiro LLP, has been named co-lead counsel in the high-profile, class-action lawsuit against General Motors Co. (NYSE:GM). The case covers claims resulting from personal injuries and diminished vehicle value related to GM’s... More...>>
08/14/20146:03PMDJNPaulson & Co. Opens Positions in Covidien, DirecTV and Allergan
By Maria Armental Paulson & Co. has taken new positions in Covidien PLC (COV) and DirecTV and sold off holdings in American Airlines Group Inc. (AAL), General Motors Co. (GM) and Hess Corp. (HES) in the second quarter, according to a securities filing Thursday. The largest change in the period was in Cobalt. The hedge... More...>>
08/13/20147:50AMDJNChina Auto Maker SAIC Profit Gains in 1st Half on Joint-Venture Sale
SHANGHAI-- SAIC Motor Corp., China's largest auto group by sales, Wednesday said net profit rose 18% in the first half of the year because of strong sales at its joint ventures with Volkswagen AG and General Motors Co. The Shanghai-based auto maker said net profit advanced to 13.6 billion yuan ($2.2 billion) for the six... More...>>
08/12/20144:47PMDJNGM Supported Stewart Pulling Out of Race After Crash That Killed Fellow Driver
By Sharon Terlep And Jeff Bennett General Motors Co., a prominent sponsor of three-time Nascar champion Tony Stewart, weighed in on the driver's decision to pull out of a race after his vehicle hit and killed a fellow competitor who was on foot, people familiar with the matter said. Stewart's team was in touch with GM... More...>>
08/12/20143:55PMDJNRecord Rains Cause Major Flooding in Detroit -- Update
By Matthew Dolan DETROIT--The heaviest rain to hit in almost a century left a trail of flooded highways, mud-strewn roads littered with abandoned cars and waterlogged basements across the Detroit metropolitan area. The state police warned drivers away from many of the major roadways knitting the city to its suburbs across... More...>>
08/12/20142:18PMDJNRecord Rains Cause Major Flooding in Detroit -- Update
By Matthew Dolan DETROIT--The heaviest rain to hit in almost a century left a trail of flooded highways, mud-strewn roads littered with abandoned cars and waterlogged basements across the Detroit metropolitan area. The state police warned drivers away from many of the major roadways knitting the city to its suburbs across... More...>>
08/12/20142:04PMDJNRecord Rains Cause Major Flooding in Detroit
By Matthew Dolan DETROIT--The heaviest rain to hit in almost a century left a trail of flooded highways, mud-strewn roads littered with abandoned cars and waterlogged basements across the Detroit metropolitan area. The state police warned drivers away from many of the major roadways knitting the city to its suburbs across... More...>>
08/12/201411:39AMPRNUSChevrolet to Host 11 Children From Around the World at Old Trafford for Special Experience with Manchester United
Chevrolet to Host 11 Children From Around the World at Old Trafford for Special Experience with Manchester United PR Newswire DETROIT, Aug. 12, 2014 DETROIT, Aug. 12, 2014 /PRNewswire/ -- Inspiring children will serve as mascots for Manchester United's first Premier League match of the season, attend club's soccer school... More...>>
08/07/20145:20PMDJNCBS Profit Falls on Lower Ad, Licensing Revenue
CBS Corp. said its second-quarter earnings fell 7% as the television broadcaster was hurt by weaker advertising revenue and lower television licensing revenue. CBS doubled its stock buyback authorization to $6 billion and raised its quarterly dividend by 25% to 15 cents a share, up by three cents a share. CBS has benefited... More...>>
08/07/201411:57AMDJNKenneth Feinberg: 115 Claims Filed So Far Over GM Ignition Switches -CNBC
Kenneth Feinberg, administrator of a fund to compensate some claimants involving faulty ignition switches on some General Motors Corp.'s (GM) autos, on Thursday said 115 claims have been filed in the program's first week. Mr. Feinberg, in an appearance on CNBC, said about half of those claims filed are "death claims" with... More...>>
08/07/20149:47AMDJNGM to Debut Next-Generation Chevrolet Volt In January
By Jeff Bennett General Motors Co. (GM) will debut its next generation Chevrolet Volt plug-in hybrid in January as it looks to reinvigorate sales damped by low gas prices and "range anxiety," which keeps many American buying the traditional gas-powered car. GM will unveil the 2016 Volt at the North American International... More...>>
08/05/20145:00PMDJNGM Prices Midsize Chevy Truck Below Rival Toyota
General Motors Co. said its new Chevrolet Colorado midsize truck will start at $20,995, about $500 less than its primary target, Toyota Motor Corp.'s Tacoma pickup. The Detroit auto maker's aggressive pricing, announced Tuesday, signals its determination to reclaim market share in a segment it abandoned about two years... More...>>
08/01/201410:17AMDJNHarley Recalls Bikes for Ignition Switch Problem
By Associated Press DETROIT-Ignition switch problems that have plagued General Motors and Chrysler have now turned up in the motorcycle business. Harley-Davidson is recalling more than 3,300 FXDL Dyna Low Rider bikes because engine vibration can turn the switches from "on" to "accessory." The recall covers motorcycles... More...>>
07/30/201411:53AMPRNUSChevrolet Welcomes Manchester United to Michigan
Chevrolet Welcomes Manchester United to Michigan PR Newswire DETROIT, July 30, 2014   DETROIT, July 30, 2014 /PRNewswire/ -- Saturday's Guinness International Champions Cup match vs. Real Madrid CF at Michigan Stadium will be Manchester United's first-ever match in Michigan Southeastern Michigan charities and children... More...>>
07/29/20149:30AMPRNUSThe U.S. Army, GM and Raytheon partner on advanced training initiative for soldiers returning to civilian life
The U.S. Army, GM and Raytheon partner on advanced training initiative for soldiers returning to civilian life 'Shifting Gears' equips transitioning soldiers with skills to become GM automotive technicians PR Newswire ARLINGTON, Va., July 29, 2014 ARLINGTON, Va., July 29, 2014 /PRNewswire/ -- The U.S. Army, General Motors... More...>>
07/24/20144:25PMDJNMARKET SNAPSHOT: S&P 500 Ekes Out A Record, But Dow Industrials, Nasdaq Slip
By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The S&P 500 closed at an all-time high for the 27th time this year on Thursday, but other U.S. stock-market benchmarks slipped back into the red just ahead of the closing bell. The main benchmarks traded in a narrow range throughout the... More...>>
07/24/20141:57PMDJNGM's Profit Tumbles While Ford's Climbs
By Jeff Bennett and Joseph B. White A $2.5 billion pre-tax bill for safety recalls and the establishment of an ignition switch victims compensation fund slashed General Motors Co.'s second quarter net income by 80%, and highlighted the work Chief Executive Mary Barra must do to close the profitability gap with rival Ford... More...>>


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