GM News (NYSE:GM)

DateTimeSource
Headline
06/27/20173:02AMDJNGM Lowers Outlook For Industrywide Sales -- WSJ
By Mike Colias This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the US print edition of The Wall Street Journal (June 27, 2017). General Motors Co. expects industry vehicle sales to fall short of its original forecast for the year, the latest sign of a slowdown... More...>>
06/26/20176:23PMDJNGeneral Motors Lowers Outlook for Industry Vehicle Sales
By Mike Colias General Motors Co. expects industry vehicle sales to fall short of its original forecast for the year, the latest sign of a slowdown in the U.S. auto market after a record run. GM now expects U.S. light-vehicle sales in the "low" 17-million range, down from an earlier expectation that this year's... More...>>
06/21/201710:00AMPRNUSGM Announces 2017 Q2 Earnings Conference Call Details
GM Announces 2017 Q2 Earnings Conference Call Details PR Newswire DETROIT, June 21, 2017 DETROIT, June 21, 2017 /PRNewswire/ -- General Motors Co. (NYSE: GM) will announce its second quarter 2017 financial results on Tuesday, July 25 at approximately 7:30 a.m. EDT.  A press release, financial highlights and presentation... More...>>
06/20/201712:41PMPRNUSMaven Gig Expands to San Francisco
Maven Gig Expands to San Francisco - Maven Gig provides cars for independent driving gigs such as GrubHub, Instacart, Roadie and ridesharing services. - The Chevrolet Bolt EV is available for rental with free charging at EVgo stations for a limited time. Additional options include Chevrolet Cruze, Malibu and Trax. PR Newswire... More...>>
06/20/201712:29AMDJNBig Oil Steps Up Support for Carbon Tax
By Timothy Puko Some of the world's largest oil companies and the country's biggest auto maker are joining a group pushing the U.S. government to tax carbon in an effort to slow climate change. General Motors Co., Exxon Mobil Corp. and BP PLC are among almost a dozen companies joining the Climate Leadership Council... More...>>
06/19/20172:46PMDJNGM Laying Off About 1,000 Workers Amid Downturn in Passenger-Car Sales
By Mike Colias General Motors Co. will eliminate a shift at a sedan plant in Kansas City, Kan., laying off about 1,000 people as the nation's largest auto maker continues to shed thousands of factory jobs amid a sharp downturn in demand for passenger cars. GM on Friday notified workers that the factory's third... More...>>
06/16/20172:36PMDJNGM Expects To Move 600 Supplier Jobs From Mexico to Texas -- Update
By Mike Colias and William Mauldin General Motors Co. said Friday it would open a supplier park near its Arlington, Texas, sport-utility factory, resulting in the relocation of about 600 jobs from Mexico to the U.S. and a higher concentration of American-made parts in Chevrolet Suburbans and Cadillac Escalades. Many of... More...>>
06/16/20172:03PMDJNGM Expects To Move 600 Supplier Jobs From Mexico to Texas
By Mike Colias and William Mauldin General Motors Co. said Friday it would open a supplier park near its Arlington, Texas, sport-utility factory, resulting in the relocation of about 600 jobs from Mexico to the U.S. and a higher concentration of American-made parts in Chevrolet Suburbans and Cadillac Escalades. The decision... More...>>
06/14/201710:35AMDJNGM Schedules Additional Plant Downtime Amid Soft Sales, Inventory Glut -- Update
By Mike Colias General Motors Co. will extend the typical summer shutdown at certain U.S. factories to deal with slumping sales and bloated inventory, a sign the industry's hot streak is grinding to a halt. The No. 1 U.S. auto maker in terms of sales will idle its Chevrolet Malibu factory near Kansas City for five... More...>>
06/14/201710:03AMDJNGM Schedules Additional Plant Downtime Amid Soft Sales, Inventory Glut, Union Officials Say
By Mike Colias General Motors Co. will extend the typical summer shutdown at certain U.S. factories to deal with slumping sales and bloated inventory, a sign the industry's hot streak is grinding to a halt. The No. 1 U.S. auto maker in terms of sales will idle its Chevrolet Malibu factory near Kansas City for five... More...>>
06/13/20173:02AMDJNGM's Opel Unit Taps CEO Ahead of Sale -- WSJ
Finance chief gets top job as Peugeot prepares to complete its deal for car maker By Eric Sylvers and Mike Colias General Motors Co.'s European unit Opel appointed a new chief executive as Peugeot gets set to complete its more than $2 billion acquisition of the perennially money-losing car maker. Michael Lohscheller... More...>>
06/12/201712:36PMDJNGeneral Motors' European Opel Division CEO Resigns -- Update
By Eric Sylvers and Mike Colias General Motors Co.'s European unit Opel appointed a new chief executive as Peugeot gets set to complete its more than $2 billion acquisition of the perennially money-losing car maker. Michael Lohscheller, who had been Opel's chief financial officer for the past five years, has... More...>>
06/12/20179:59AMDJNGeneral Motors' European Opel Division CEO Has Resigned
By Nick Kostov PARIS--The chief executive of Opel, General Motors Co.'s (GM) European division, has resigned. Opel said Karl-Thomas Neumann has been replaced in the role by the company's finance chief, Michael Lohscheller. French car marker Peugeot SA (UG.FR) struck a more than 2 billion euro ($2.24 billion... More...>>
06/08/20173:30PMDJNCreditors Line Up Financing to Continue Fight Over GM Loan
By Peg Brickley Creditors awaiting a crucial ruling in a long-running $1.5 billion dispute growing out of the General Motors bankruptcy have turned to outside lenders to bankroll the litigation. Cash is running low, and private litigation- funding vehicles Cynthania LLC and Earlham LLC have agreed to provide up to $15... More...>>
06/07/20173:02AMDJNGM Chief Wins Time To Bolster Shares -- WSJ
Shareholders rebuff activist investor; CEO Mary Barra nods to 'undervalued' stock By Mike Colias General Motors Co. shareholders signaled continued patience with Chief Executive Mary Barra's attempts to boost a languishing share price, rejecting hedge-fund manager David Einhorn's proposal to split the... More...>>
06/06/20174:11PMDJNGM Shareholders Reject Proposal to Divide Shares Into Two Classes -- Update
By Mike Colias General Motors Co. shareholders signaled continued patience with Chief Executive Mary Barra's attempts to boost a languishing share price, rejecting hedge-fund manager David Einhorn's proposal to split the company's stock into two classes. More than 90% of GM investors casting ballots at the... More...>>
06/06/201711:12AMDJNGM Shareholders Reject Proposal to Divide Shares Into Two Classes
By Mike Colias General Motors Co. shareholders delivered a vote of confidence for Chief Executive Mary Barra Tuesday, shooting down hedge-fund manager David Einhorn's proposal to split the company's stock into two classes. Preliminary voting results indicate overwhelming rejection of a plan first floated in March... More...>>
06/06/20179:52AMPRNUSGM Announces Preliminary Results of Voting at Annual Meeting of Shareholders
GM Announces Preliminary Results of Voting at Annual Meeting of Shareholders PR Newswire DETROIT, June 6, 2017 DETROIT, June 6, 2017 /PRNewswire/ --  Results Indicate Shareholders Support the Election of All 11 GM Board Directors Shareholders Reject Greenlight's Dual-Class Stock Proposal General Motors Co. (NYSE: GM... More...>>
06/05/20173:02AMDJNGM Meets Activist in Face-Off Over Stock -- WSJ
By Mike Colias General Motors Co. Chief Executive Mary Barra faces shareholders this week, under pressure from a hedge-fund investor and fresh scrutiny following the ouster of her counterpart at a crosstown rival. Shareholders have generally been patient with GM's 55-year-old boss even as the stock trades near the... More...>>
06/04/20171:46PMDJNGeneral Motors Chief Faces Showdown Over Hedge Fund's Stock Push
By Mike Colias General Motors Co. Chief Executive Mary Barra faces shareholders this week, under pressure from a hedge-fund investor and fresh scrutiny following the ouster of her counterpart at a crosstown rival. Shareholders have generally been patient with GM's 55-year-old boss even as the stock trades near the... More...>>
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P:35 V:us D:20170627 07:12:21