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GM News (NYSE:GM)

DateTimeSource
Headline
04/29/20163:03AMDJNFord Profit Doubles as New Models Soar -- WSJ
Auto maker earned $2.5 billion as margins jump on higher output, demand for new cars By Christina Rogers Ford Motor Co. reaped the benefits of its costly F-150 truck revamp, doubling income in its first quarter and posting a North American operating margin rivaling those returned by luxury brands. The Dearborn, Mich... More...>>
04/28/20169:00PMDJNFrench Tells Eight Car Makers to Cut Emissions
PARIS—French authorities have asked eight car manufacturers to present plans to reduce emissions levels for vehicles that failed tests carried out in the wake of the Volkswagen AG emissions-cheating scandal. French Environment Minister Sé golè ne Royal on Thursday said some cars made by Renault SA, Fiat... More...>>
04/28/20163:47PMPRNUSKarmanos Cancer Institute's 34th Annual Dinner gala raises more than $2.4 million to benefit cancer research
Karmanos Cancer Institute's 34th Annual Dinner gala raises more than $2.4 million to benefit cancer research PR Newswire DETROIT, April 28, 2016 DETROIT, April 28, 2016 /PRNewswire-USNewswire/ -- More than 600 guests were given the "red carpet" treatment when they attended the Barbara Ann Karmanos Cancer Institute's 34th... More...>>
04/28/20169:07AMDJNFord Posts Record Results as Truck Revamp Pays Off-Update
By Christina Rogers Ford Motor Co. reaped the benefits of its costly F-150 truck revamp, doubling net income in the first quarter and posting a North American operating margin rivaling those returned by high-end luxury brands. The Dearborn, Mich., company is among a field of auto makers benefiting from record U.S. light-vehicle... More...>>
04/28/20168:00AMDJNFord Posts Record Results
Ford Motor Co. delivered record results in the first-quarter amid strong truck sales, with net income more than doubling in the period and an operating margin in the core North American unit rivaling those returned by high-end luxury brands. Ford reported net income of $2.5 billion, or 61 cents a share, up from $1.2 billion... More...>>
04/28/20167:51AMDJNFord Posts Record Results
By Christina Rogers Ford Motor Co. delivered record results in the first-quarter amid strong truck sales, with net income more than doubling in the period and an operating margin in the core North American unit rivaling those returned by high-end luxury brands. Ford reported net income of $2.5 billion, or 61 cents a share... More...>>
04/27/20165:00PMDJNGM to Add About 800 Jobs at Tennessee Plant
General Motors Co. plans to add about 800 manufacturing jobs at in Tennessee as part of nearly $1 billion earmarked for powertrain investments at a pair of factories. A $789 million Tennessee investment, announced Wednesday, represents the bulk of the spending and will pave the way for a new engine to be built at a plant... More...>>
04/27/20164:53PMDJNGM to Add About 800 Jobs at Tennessee Plant
By Gautham Nagesh General Motors Co. plans to add about 800 manufacturing jobs at in Tennessee as part of nearly $1 billion earmarked for powertrain investments at a pair of factories. A $789 million Tennessee investment, announced Wednesday, represents the bulk of the spending and will pave the way for a new engine to... More...>>
04/27/20163:04AMDJNFiat Chrysler Narrows Profit Gap -- WSJ
Nearly all its operating profit, and two-thirds of its revenue came from North America By Jeff Bennett Fiat Chrysler Automobiles NV narrowed the profit gap with its Detroit rivals in the first quarter, drawing on continued momentum for its Jeep sport-utility vehicles and Ram pickup trucks to more than double operating... More...>>
04/26/20169:40PMDJNSEC to Withdraw Order Granting Steven Rattner's Return to Wall Street
The Securities and Exchange Commission plans to reverse an earlier decision that would have allowed former Wall Street deal maker Steven Rattner to return to the securities industry after serving a regulatory ban for more than five years, according to people familiar with the matter. The about-face follows dissent within... More...>>
04/26/20163:42PMDJNFiat Chrysler's Profit Jumps on Gains in Americas--3rd Update
By Jeff Bennett Fiat Chrysler Automobiles NV narrowed the profit gap with its Detroit rivals in the first quarter, drawing on continued momentum for its Jeep sport-utility vehicles and Ram pickup trucks to more than double operating margins in North America. The Italian-U. S. auto maker has been increasing U.S. sales for... More...>>
04/26/20161:16PMDJNAlly Financial Misses Earnings Expectations as Auto Originations Slip -- Update
By Lisa Beilfuss and Rachel Louise Ensign Ally Financial Inc. said profit fell in its latest quarter as the lender came up against a tough year-ago comparison and saw its auto originations decelerate. Detroit-based Ally, the former financing arm of General Motors Co. previously known as GMAC, is one of the nation's... More...>>
04/26/20169:30AMDJNFiat Chrysler's Profit Jumps
Fiat Chrysler Automobiles NV said its first-quarter net profit rose to €478 million ($539 million) as North American consumers snapped up the auto maker's higher-priced sport-utility vehicles and pickup trucks. The results suggest Chief Executive Sergio Marchionne's plan to turn the U.S. market into a big-vehicle... More...>>
04/26/20169:14AMDJNFiat Chrysler's Profit Jumps--Update
By Jeff Bennett Fiat Chrysler Automobiles NV said its first-quarter net profit rose to EUR478 million ($539 million) as North American consumers snapped up the auto maker's higher-priced sport-utility vehicles and pickup trucks. The results suggest Chief Executive Sergio Marchionne's plan to turn the U.S. market... More...>>
04/26/20169:14AMDJNAlly Financial Misses Earnings Expectations as Auto Originations Slip
By Lisa Beilfuss Ally Financial Inc. said profit fell in its latest quarter as the lender came up against a tough year-ago comparison and saw its auto originations decelerate. Detroit-based Ally, the former financing arm of General Motors Co. previously known as GMAC, is one of the nation's biggest auto lenders. Ally... More...>>
04/26/20163:04AMDJNIn China, Western Auto Makers Temper Ambitions -- WSJ
Slowing market gains after rapid expansion lead to subdued tone at Beijing motor show BEIJING -- After years of trumpeting their advance in China, global car makers are now sounding a more cautious note over the world's largest auto market. While they expect the market to continue growing, albeit at a slower pace... More...>>
04/23/20163:03AMDJNGM CEO's Pay Jumps As Sales, Net Soar -- WSJ
By Gautham Nagesh General Motors Co. Chief Executive Mary Barra was awarded $28.6 million in total compensation in 2015, a 77% increase coming as the company notched record sales and profits on strong demand for light trucks. The package, disclosed Friday in a regulatory filing, came in the second year that GM wasn't... More...>>
04/23/20163:02AMDJNSmog-Test Crackdown Spreads Past VW -- WSJ
By William Boston Volkswagen AG significantly increased the money it set aside to pay for an emissions-cheating scandal, resulting in its worst annual loss, as authorities world-wide pursue new crackdowns on it and other car makers. Germany's largest auto maker reported a net loss of $1.77 billion last year, stemming... More...>>
04/22/20165:05PMDJNVW's $18 Billion Charge for Diesel Crisis Produces Big Loss
By William Boston Volkswagen AG dramatically increased its charge to 2015 earnings for costs of an emissions-cheating scandal, resulting in its worst annual loss, as authorities world-wide pursue new crackdowns on it and other car makers. Germany's largest auto maker reported a net loss of EUR1.58 billion ($1.77 billion... More...>>
04/22/20163:17PMDJNGM's Mary Barra Drives Off With 77% Jump in Compensation -- Update
By Gautham Nagesh General Motors Co. Chief Executive Mary Barra was awarded $28.6 million in total compensation in 2015, a 77% increase coming as the company notched record sales and profits on strong demand for light trucks. The package, disclosed Friday in a regulatory filing, came in the second year that GM wasn't... More...>>


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