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GM News (NYSE:GM)

DateTimeSource
Headline
02/07/20168:30PMDJNFord to More Than Double Mexico Production Capacity in 2018
Ford Motor Co. will build a new assembly plant in Mexico and sharply increase factory output from that country, representing the latest shift of investment abroad by a Detroit auto maker following the signing of a costly new labor deal. The No. 2 light-vehicle seller in the U.S. plans to add 500,000 units of annual Mexican... More...>>
02/05/20162:10AMDJNToyota Raises Outlook Slightly; Cost Cuts Boost Quarterly Profit
TOKYO—Toyota Motor Corp. raised its full-year net profit forecast slightly Friday and posted 4.7% growth in quarterly net profit after cost cuts offset falling vehicle sales in Asia and Europe. Toyota now expects to post a record ¥ 2.27 trillion ($19.43 billion) in net profit for the year ending March 31, up... More...>>
02/04/201612:05PMPRNUSGM Recognized in Top 12 of LATINA Style's 50 Best Companies For Latinas
GM Recognized in Top 12 of LATINA Style's 50 Best Companies For Latinas Hispanic Initiative Team the top Employee Resource Group of the Year PR Newswire DETROIT, Feb. 4, 2016 DETROIT, Feb. 4, 2016 /PRNewswire/ -- General Motors was recognized today as one of top 12 of the 50 best companies for Latinas in the United States... More...>>
02/04/20169:38AMDJNBrazil's Auto Sales, Production Decline in January
By Rogerio Jelmayer SAO PAULO--New-vehicles sales, production and exports in Brazil declined in January as the country's economic recession is hurting consumer confidence. Sales of cars, light vehicles, trucks and buses totaled 155,283 in January, down 31.8% from a year earlier, auto-makers association Anfavea said... More...>>
02/04/20163:03AMDJNChina Gives GM A Lift As Europe Dings Ford
(FROM THE WALL STREET JOURNAL 2/4/16) By Gautham Nagesh and Christina Rogers General Motors Co.'s fourth-quarter profit surged on growth in China and the U.S. in a sign of its continued strength while crosstown rival Ford Motor Co. said it plans to trim jobs and make product cutbacks in Europe to bolster paper-thin... More...>>
02/03/20165:23PMDJNMARKET SNAPSHOT: Bipolar Dow Industrials Ends Sharply Higher, Reversing Early Tumble
By Ellie Ismailidou and Sara Sjolin, MarketWatch ISM services index disappoints; Yahoo, Chipotle tumble on weak earnings U.S. stocks staged a late-day rally on Wednesday, as a big jump in oil prices lifted the energy and materials sectors, and battered financials reversed ugly losses. Energy stocks were the best performers... More...>>
02/03/20165:19PMDJNMARKET SNAPSHOT: Bipolar Dow Industrials Ends Sharply Higher, Reversing Early Tumble
By Ellie Ismailidou and Sara Sjolin, MarketWatch ISM services index disappoints; Yahoo, Chipotle tumble on weak earnings U.S. stocks staged a late-day rally on Wednesday, as a big jump in oil prices lifted the energy and materials sectors, and battered financials reversed ugly losses. Energy stocks were the best performers... More...>>
02/03/20162:49PMDJNGM's Earnings Surge on Strength in China, U.S. --3rd Update
By Gautham Nagesh and Christina Rogers General Motors Co.'s fourth-quarter profit surged amid growth in China and booming U.S. sales of pickup trucks and sport-utility vehicles, capping a record year for the nation's largest auto maker. GM reported $6.3 billion in net income in the final three months of 2015... More...>>
02/03/20161:31PMDJNGM's Earnings Surge on Strength in China, U.S. --2nd Update
By Gautham Nagesh and Christina Rogers General Motors Co.'s fourth-quarter profit surged on a tax-related gain and amid growth in China and booming U.S. sales of pickup trucks and sport-utility vehicles, capping a record year for the nation's largest auto maker. GM reported $6.3 billion in profit in the final... More...>>
02/03/201610:57AMDJNGM's Earnings Surge on Strength in China, U.S. -- Update
By Gautham Nagesh and Christina Rogers General Motors Co.'s fourth-quarter profit surged amid growth in China and booming sales of pickup trucks and sport-utility vehicles in the U.S., capping a record year for the nation's largest auto maker. GM reported $6.3 billion in net income attributable to common stockholders... More...>>
02/03/201610:40AMDJNToyota Ending Scion Brand
Toyota Motor Corp. is killing its Scion brand, folding the vehicles back into the Toyota brand portfolio, 13 years after the brand debuted and helped the company capture young buyers. The brand will cease in August and Toyota will fold most of the Scion branded vehicles into its Toyota lineup. There were only 22 "Scion"... More...>>
02/03/20169:07AMPRNUSGM Reports Record Net Income of $9.7 Billion and Record EBIT-Adjusted of $10.8 Billion for 2015
GM Reports Record Net Income of $9.7 Billion and Record EBIT-Adjusted of $10.8 Billion for 2015 PR Newswire DETROIT, Feb. 3, 2016 DETROIT, Feb. 3, 2016 /PRNewswire/ --  Full-year 2015 EPS of $5.91; EPS-adjusted of $5.02, up 65 percent from 2014 Fourth quarter EPS of $3.92; EPS-adjusted of $1.39, up 17 percent from 2014... More...>>
02/03/20168:40AMDJNGM's Earnings Surge on Strength in China, U.S.
General Motors Co.'s fourth-quarter profit surged amid growth in China and booming sales of pickup trucks and sport-utility vehicles in the U.S. GM's fourth quarter 2015 net income attributable to common stockholders was $6.3 billion, or $3.92 per diluted share, up from $1.1 billion, or $0.66 per diluted share... More...>>
02/03/20168:33AMDJNGM's Earnings Surge on Strength in China, U.S.
By Gautham Nagesh General Motors Co.'s fourth-quarter profit surged amid growth in China and booming sales of pickup trucks and sport-utility vehicles in the U.S. GM's fourth quarter 2015 net income attributable to common stockholders was $6.3 billion, or $3.92 per diluted share, up from $1.1 billion, or $0.66... More...>>
02/03/20167:40AMDJNFord to Cut Jobs, Auto Models in Europe
Ford Motor Co. plans to eliminate hundreds of jobs and kill off some models in Europe as part of a plan to maintain profits in a region that long has bedeviled the auto maker. The No. 2 U.S. auto maker on Wednesday plans to offer voluntary buyouts to most of its 10,000 salaried employees in Europe, the company said. Ford... More...>>
02/02/20163:44PMDJNAlly's Profit Jumps as Auto Originations, Deposits Climb -- 2nd Update
By Lisa Beilfuss and Rachel Louise Ensign Ally Financial Inc. said profit in its fourth quarter soared thanks in part to rising auto-loan originations and retail deposits. The Detroit lender's CEO, Jeffrey Brown, also tried to address shareholder concerns in the wake of news that an investor is pressing for changes... More...>>
02/02/20162:55PMPRNUSGM Declares Dividend on Common Stock
GM Declares Dividend on Common Stock PR Newswire DETROIT, Feb. 2, 2016 DETROIT, Feb. 2, 2016 /PRNewswire/ -- General Motors Co. (NYSE: GM) Board of Directors today declared a first quarter 2016 dividend of 38 cents per share on the company's common stock. The first quarter dividend is payable Thursday, March 24, 2016... More...>>
02/02/20162:04PMDJNAlly's Profit Jumps as Auto Originations, Deposits Climb -- Update
By Lisa Beilfuss Ally Financial Inc. said profit in its fourth quarter soared as auto originations and retail deposits grew, and the Detroit lender signaled it would initiate capital returns this year. Earnings topped analysts' expectations, and shares edged up 0.3% in afternoon trading despite a broad market selloff... More...>>
02/02/20169:50AMDJNGM, Plaintiffs' Lawyers Dispute Misconduct Allegations in Ignition-Switch Cases
General Motors Co. and plaintiffs' lawyers suing the auto maker over a defective ignition switch are putting up a rare united front to battle accusations that threaten to derail long-running litigation consolidated in a New York federal court. In court filings late Monday, GM called allegations that the company colluded... More...>>
02/02/20169:50AMDJNAlly Financial Profit Driven Higher by Boom in Auto Sales
Ally Financial Inc. said profit in its fourth quarter soared as the Detroit lender saw auto originations rise and retail deposits grow. One of the nation's biggest auto lenders, Ally's auto-finance franchise has driven results in recent quarters. The company lost a big chunk of its auto-lending business last... More...>>


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