04/08/2015 19:53:14 Free Membership Login

GM News (NYSE:GM)

DateTimeSource
Headline
08/04/20154:00PMDJNU.S. Auto Leasing on Track to Return to 1999 Levels
TRAVERSE CITY, Mich.—U. S. car leasing is on track to return to levels not seen in more than 15 years as longer-term loans and low monthly rates fan consumer demand for either bigger vehicles or more bling. About 3.6 million vehicles or 20% of this year's new car sales are expected to be leased putting the year on... More...>>
08/04/201510:40AMDJNGM to Upgrade Flint, Mich., Plant
General Motors Co.'s beleaguered hometown is getting a lifeline. The auto maker will spend $877 million to upgrade a truck factory in Flint, Mich., amid solid demand for its Chevrolet and GMC full-size pickups. Located about an hour's drive north of Detroit, Flint is the location of GM's 1908 founding that has never fully... More...>>
07/31/20153:30PMDJNGM Grants Executive Stock Options
General Motors Co. handed out its first stock options since emerging from bankruptcy in 2009, awarding grants to about 300 top executives based on their ability to deliver shareholder returns in line with industry peers and other factors. Part of the company's long-term incentive plan, the options were granted this week... More...>>
07/31/20153:05PMDJNGM Grants First Executive Stock Options Since Emerging From Bankruptcy
By Gautham Nagesh General Motors Co. handed out its first stock options since emerging from bankruptcy in 2009, awarding grants to about 300 top executives based on their ability to deliver shareholder returns in line with industry peers and other factors. Part of the company's long-term incentive plan, the options were... More...>>
07/30/201510:59AMDJNFiat Chrysler's Profit Jumps -- Update
By Eric Sylvers Fiat Chrysler Automobiles NV reported a two-thirds jump in second-quarter profit on Thursday as the Italian-American car maker showed strong improvement in its North America margins and consolidated a timid turnaround in its European business. Net profit rose 69% to EUR333 million ($366 million) in the... More...>>
07/29/20153:10PMDJNGeneral Motors to Build New Models in India, Some for Export -- 3rd Update
By Santanu Choudhury NEW DELHI-- General Motors Co. is retooling its game plan for India, betting $1 billion it can emerge as a bigger force in a market where it currently is a bit player with a somewhat tarnished reputation. Stefan Jacoby, running some of the Detroit auto maker's operations in international markets, said... More...>>
07/29/201511:20AMDJNGM to Introduce 10 New Vehicles in India -- 2nd Update
By Santanu Choudhury NEW DELHI-- General Motors Co. will invest $1 billion in India as it recalibrates its efforts in Asia's third-largest economy by shutting down one factory while increasing production in another and focusing on new models. The Detroit auto maker will use the money to launch 10 locally produced Chevrolet... More...>>
07/29/201510:25AMDJNGM to Introduce 10 New Vehicles in India --Update
By Santanu Choudhury NEW DELHI-- General Motors Co. will invest $1 billion in India as it recalibrates its efforts in Asia's third-largest economy by shutting down one factory while increasing production in another and focusing on new models. The Detroit auto maker will use the money to launch 10 locally produced Chevrolet... More...>>
07/29/20156:26AMDJNGeneral Motors to Invest $1 Billion in India
By Santanu Choudhury NEW DELHI--General Motors Co. plans to invest $1 billion in India to grow its market share in Asia's third-largest automobile market, top executives said Wednesday. The company will also shut its factory in Halol in the western state of Gujarat in the second half of next year, Arvind Saxena, president... More...>>
07/28/20152:00PMDJNGM to Raise Brazil Investments
SÃ O PAULO—General Motors Co. plans to double its investment plans for Brazil through 2019 as part of an effort to increase sales in emerging markets. The U.S. car maker will have invested 13 billion reais ($3.8 billion) in the South American country for the 2014-2019 period to upgrade existing plants and... More...>>
07/28/20151:53PMDJNGM Plans to Double Investments in Brazil Operations
By Jeffrey T. Lewis And Rogerio Jelmayer SÃO PAULO-- General Motors Co. plans to double its investment plans for Brazil through 2019 as part of an effort to increase sales in emerging markets. The U.S. car maker will have invested 13 billion reais ($3.8 billion) in the South American country for the 2014-2019 period... More...>>
07/28/20159:50AMDJNAlly Financial's Profit Falls
Ally Financial Inc. said its profit fell in the most-recent quarter, hurt by a charge for early debt extinguishment, while automotive-finance originations were relatively flat. Adjusted earnings topped Wall Street expectations by a penny, while revenue fell short of estimates. The Detroit lender, formerly known as GMAC... More...>>
07/28/20151:20AMDJNGM, SAIC to Jointly Design New Cars
General Motors Co. will work with a Chinese auto maker on a $5 billion initiative to overhaul how it creates cars for developing markets, a move that represents the U.S. auto maker's first major development project in China to address global markets. The Detroit auto maker plans to work with SAIC Motor Corp., one of its... More...>>
07/28/201512:31AMDJNGM to Invest $5 Billion in Designing Emerging Market Cars
By John D. Stoll General Motors Co. will work with a Chinese auto maker on a $5 billion initiative to overhaul how it creates cars for developing markets, a move that represents the U.S. auto maker's first major development project in China to address global markets. The Detroit auto maker plans to work with SAIC Motor... More...>>
07/27/20152:32PMDJNFord Is Betting on Demand for a $60,000 Pickup Truck
By Christina Rogers Looking to test the upper limits of what U.S. customers will pay for a pickup truck, Ford Motor Co. later this year will launch a new version of its best-selling F-150 with one of the highest price tags ever attached to its workhorse truck. With features including "fiddleback eucalyptus" wood trim... More...>>
07/26/20157:10PMDJNCompanies to Pledge $140 Billion in Effort to Cut Carbon Emissions
By Amy Harder WASHINGTON--More than a dozen U.S. companies on Monday will pledge to invest more than $140 billion in efforts to cut carbon emissions as part of a new Obama administration initiative leading up to the United Nations climate-change summit later this year. Bank of America Corp., General Motors Co., Cargill... More...>>
07/23/20152:37PMDJNGM Says FTC Is Investigating Its Used Vehicle Sales
By John D. Stoll The Federal Trade Commission is investigating General Motors Co. in connection with dealers advertising used vehicles for sale even while those cars and trucks allegedly needed recall repairs. The auto maker disclosed the investigation Thursday in its quarterly filing with the Securities and Exchange Commission... More...>>
07/23/20151:28PMDJNUAW President: Wave of New Auto Investment in Mexico Problematic -- Update
By Christina Rogers The United Auto Workers president said Thursday the wave of new auto investment in Mexico is problematic and will be central to labor talks this summer with the Detroit car makers. Dennis Williams, speaking to reporters in Detroit, said he recently met with White House officials to press his concerns... More...>>
07/23/201512:36PMDJNUAW President: Wave of New Auto Investment in Mexico Problematic
By Christina Rogers The United Auto Workers President said Thursday the wave of new auto investment in Mexico is problematic and will be central to labor talks this summer with the Detroit car makers. Dennis Williams, speaking to reporters in Detroit, said he recently met with White House officials to press his concerns... More...>>
07/23/201510:22AMDJNBig Vehicles Power Surge in GM Profit--Update
By Gautham Nagesh General Motors Co. kept on trucking in the second quarter despite slower growth in China, as the popularity of its pickups and SUVs led the company to solidly beat analyst expectations and forecast a healthy second-half performance. The No. 1 U.S. auto maker in terms of sales reported $1.1 billion in... More...>>


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