GM News (NYSE:GM)

DateTimeSource
Headline
02/13/20183:02AMDJNGM to Close South Korean Plant -- WSJ
Auto maker to seek cuts at other factories in the country as it downsizes globally By Mike Colias This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (February 13, 2018). General Motors Co. is sending a tough message... More...>>
02/13/201812:31AMDJNGeneral Motors to Close South Korea Plant -- Update
By Mike Colias General Motors Co. is sending a tough message to thousands of South Korean workers during the Winter Olympics in Pyeongchang, saying it will close a Korean factory in May and pressure union officials for additional cost cuts to stem losses. The move, announced early Tuesday by GM Korea, is the latest step... More...>>
02/12/20188:29PMDJNGeneral Motors to Close South Korea Plant
By Mike Colias General Motors Co. is sending a tough message to thousands of South Korean workers during the Winter Olympics in Pyeongchang, saying it will close a Korean factory in May and pressure union officials for additional cost cuts to stem losses. The move, announced early Tuesday by GM Korea, is the latest step... More...>>
02/12/20188:00PMPRNUSGM Korea Announces First Step in Necessary Restructuring
GM Korea Announces First Step in Necessary Restructuring PR Newswire SEOUL, South Korea, Feb. 12, 2018 SEOUL, South Korea, Feb. 12, 2018 /PRNewswire/ -- GM Korea Company (GM Korea) announced today that it will cease production and close its Gunsan plant by the end of May 2018. The Gunsan facility has been increasingly... More...>>
02/09/20186:25PMDJNBig Winter Olympic Advertisers Cut Spending for 2018 Games
By Alexandra Bruell NBC said it set a record for national advertising sales in this year's Winter Olympics, even as some of the biggest spenders of recent years are pulling back at the 2018 Games. Big Olympic advertisers including General Motors Co., Procter & Gamble Co. and AT&T Inc. are expected to spend... More...>>
02/07/20183:02AMDJNGM Picks Up Speed in North America, Outmuscling Toyota -- WSJ
By Mike Colias and Chester Dawson This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (February 7, 2018). General Motors Co. and Toyota Motor Corp. are on divergent paths in the world's most-profitable car market... More...>>
02/06/20189:20AMDJNGM Posts Loss on Tax Changes, Logs Strong Demand for Pickups and SUVs--Update
By Mike Colias General Motors Co. said its fourth-quarter bottom line swung to a $5.2 billion loss because of a hefty charge related to U.S. tax reforms, but stout demand for pickup trucks and SUVs pushed operating profit to a record for the quarter, surpassing Wall Street forecasts. GM's net loss for the final three... More...>>
02/06/20188:15AMDJNGM Swings to $5.2 Billion Loss on Charge Tied to Tax Changes
By Mike Colias General Motors Co. said its fourth-quarter bottom line swung to a $5.2 billion loss because of a hefty charge related to U.S. tax reforms, but stout demand for pickup trucks and SUVs pushed operating profit to a record for the quarter, surpassing Wall Street forecasts. GM's net loss for the final three... More...>>
02/06/20187:30AMPRNUSGM Reports 2017 EPS diluted of $0.22 and Record EPS diluted-adjusted of $6.62
GM Reports 2017 EPS diluted of $0.22 and Record EPS diluted-adjusted of $6.62 PR Newswire DETROIT, Feb. 6, 2018 DETROIT, Feb. 6, 2018 /PRNewswire/ -- General Motors Co. (NYSE: GM) today announced full-year 2017 EBIT-adjusted of $12.8 billion, repeating record 2016 performance. Results were driven by strong performance... More...>>
02/05/20182:15PMPRNUSGM Declares Quarterly Dividend
GM Declares Quarterly Dividend PR Newswire DETROIT, Feb. 5, 2018 DETROIT, Feb. 5, 2018 /PRNewswire/ -- General Motors Co. (NYSE: GM) today declared a first quarter 2018 dividend of 38 cents per outstanding share of common stock. The dividend is payable Friday, March 23, 2018 to all common shareholders of record at the... More...>>
02/01/20189:30AMPRNUSBig January Gains for Chevrolet Crossovers and Trucks Drive GM Sales Increase
Big January Gains for Chevrolet Crossovers and Trucks Drive GM Sales Increase Strong Start for Buick, Driven by Envision, LaCrosse Cadillac Escalade, ATS, XTS and XT5 Retail Sales up Sharply Commercial Deliveries Rise PR Newswire DETROIT, Feb. 1, 2018 DETROIT, Feb. 1, 2018 /PRNewswire/ -- General Motors (NYSE: GM), which... More...>>
01/31/20189:52PMDJNGM Ramps Up Testing of Self-Driving Cars, But Still Lags Waymo
By Tim Higgins General Motors Co. reported progress in the consistency of its autonomous-driving system last year as it sharply increased testing on the roads of California, though it remained well behind the self-driving tech unit of Google-parent Alphabet Inc., according to state records. GM's Cruise Automation... More...>>
01/26/20188:22PMDJNUAW President Denies Collective Bargaining Deals Tainted by Scandal -- 2nd Update
By Chester Dawson DETROIT -- The head of the union representing thousands of auto workers denied a former Fiat Chrysler Automobiles NV executive who pleaded guilty to violating labor laws unduly influenced the outcome of negotiations between the union and his company. Dennis Williams, the president of the United Auto Workers... More...>>
01/26/20188:14PMDJNUAW President Denies Collective Bargaining Deals Tainted by Scandal -- Update
By Chester Dawson DETROIT -- The head of the union representing thousands of auto workers denied a former Fiat Chrysler Automobiles NV executive who pleaded guilty to violating labor laws unduly influenced the outcome of negotiations between the union and his company. Dennis Williams, the president of the United Auto Workers... More...>>
01/26/20187:53PMDJNUAW President Denies Collective Bargaining Deals Tainted by Scandal
By Chester Dawson DETROIT -- The head of the union representing thousands of auto workers denied a former Fiat Chrysler Automobiles NV executive who pleaded guilty to violating labor laws unduly influenced the outcome of negotiations between the union and his company. Dennis Williams, the president of the United Auto Workers... More...>>
01/18/20185:46PMDJNCorrection to GM Bankruptcy Judge Story
"Bankruptcy Judge Rules Against Settlement Triggering GM Payout -- Update," at 3:28 p.m. ET, incorrectly stated the name of Hagens Berman Sobol Shapiro LLP in the 10th paragraph. (January 18) (END) Dow Jones Newswires January 18, 2018 17:31 ET (22:31 GMT) Copyright (c) 2018 Dow Jones & Company, Inc. More...>>
01/18/20183:58PMDJNBankruptcy Judge Rules Against Settlement Triggering GM Payout -- Update
By Mike Spector General Motors Co. avoided a potential $1 billion-plus stock payout to address claims stemming from the auto giant's ignition-switch crisis after a judge found a settlement between plaintiffs and a trust for the company's bankruptcy estate unenforceable. U.S. Bankruptcy Judge Martin Glenn on Thursday... More...>>
01/18/20183:42PMDJNBankruptcy Judge Rules Against Settlement Triggering GM Payout
By Mike Spector General Motors Co. avoided a potential $1 billion-plus stock payout to address claims stemming from the auto giant's ignition-switch crisis after a judge found a settlement between plaintiffs and a trust for the company's bankruptcy estate unenforceable. U.S. Bankruptcy Judge Martin Glenn on Thursday... More...>>
01/17/20183:02AMDJNGM to Book Write-Down, But Outlook Is Brighter -- WSJ
By Mike Colias This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (January 17, 2018). General Motors Co. will book a $7 billion write-down stemming from the tax-overhaul bill passed last month, though executives... More...>>
01/16/20183:22PMDJNWhy New Tax Law Cost Citigroup, GM $29 Billion
By Michael Rapoport Two of America's biggest companies -- Citigroup Inc. and General Motors Co. -- announced a combined $29 billion charge against earnings Tuesday due to the new tax law. Similar issues will likely ensnare other firms in coming days, even if the numbers aren't as big. Citigroup took a $19 billion... More...>>
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