$GM (General Motors Company)

$GM {{ '2016-04-22T14:04:58+0000' | timeago}} • Announcement

$GM said this temporary adjustment is not expected to have any material impact on $GM's full-year production plans in North America. Also, the company does not expect a material impact to its 2Q or full-year financial results for GM North America.

$GM {{ '2017-10-11T15:25:45+0000' | timeago}} • Announcement

Deliveries of $GM and its JVs in China rose 6.6% on an annual basis to 366,305 vehicles in Sep. Chevrolet sales grew 11% from a year earlier. SUVs remained the key driver of the company’s sustained growth, with sales rising 63% year over year.

$GM {{ '2017-10-04T11:49:18+0000' | timeago}} • Announcement

$GM crossover deliveries were up 43%, trucks were up 10% and passenger cars were down 11% in September. Retail deliveries, which accounted for about 80% of sales, were up 8% for GM’s best September retail performance since 2007. GM’s U.S. retail share is estimated to be up 0.6 percentage points.

$GM {{ '2017-10-04T11:48:04+0000' | timeago}} • Announcement

$GM posted a 12% year-over-year increase in total sales in September to 279,397 units, driven by a 17% increase at Chevrolet and an 9% increase at GMC.

$DIS {{ '2017-08-25T15:03:56+0000' | timeago}} • Announcement

$DIS' BoD elected Mary Barra, Chairman and CEO of $GM, as a director, effective immediately. Barra's election brings $DIS' total board membership to 12. Barra was elected Chairman of the $GM BoD in January 2016, and has served as CEO of $GM since January 2014.

$GM {{ '2017-08-16T18:53:06+0000' | timeago}} • Announcement

The automaker said that given the relatively low trading volume of its shares on the TSX and the fact that $GM’s NYSE listing provides its shareholders with sufficient liquidity, the company believes that the costs associated with maintaining a dual listing are no longer justified.

$GM {{ '2017-08-16T18:44:48+0000' | timeago}} • Announcement

$GM announced that it has applied and received approval for a voluntary delisting of its common stock from the Toronto Stock Exchange in Canada. The delisting will not affect the company’s listing on the New York Stock Exchange.

$GM {{ '2017-08-01T15:26:50+0000' | timeago}} • Announcement

$GM announced the close of the $2.2Bil sale of GM’s Opel/Vauxhall business to Paris-based Groupe PSA.The sale of GM Financial’s European operations to Groupe PSA and BNP Paribas is expected to close later this year, subject to various regulatory approvals.

$GM {{ '2017-07-26T12:41:26+0000' | timeago}} • Announcement

As $GM got battered with its results on Tuesday, rival $F surpassed the revenue figures for it as it posted 2Q17 earnings on Wednesday. For FY17, Ford now expects adjusted EPS of $1.65 to $1.85 with adjusted effective tax rate at about 15%.

$F {{ '2017-07-26T12:29:15+0000' | timeago}} • Announcement

With revenue inching 1% up to $39.85Bil, $F won the survival battle against $GM in 2Q17. For the quarter, Ford posted a 3.7% rise in net attributable income of $2.04Bil or $0.51 per diluted share with its Auto Segment operating margin rising 1.8 ppts to 5.9%.

$GM {{ '2017-07-25T19:12:04+0000' | timeago}} • Webcast

As the carmaker posted 2Q17 results, $GM expects to return up to $7Bil to shareholders by the end of 2017 through dividends and share buybacks. GM's production is seen to be impacted in 3Q17.

$GM {{ '2017-07-25T14:26:13+0000' | timeago}} • Infographic

$GM General Motors Earnings AlphaGraphics: Q2 2017 highlights

$GM {{ '2017-07-25T12:53:46+0000' | timeago}} • Announcement

$GM expects the India and South Africa restructuring announcements to generate $0.1Bil of run rate EBIT-adjusted improvements on an annual basis. Following the close of the Opel/Vauxhall transaction, GM sees to reduce its average cash balance target to $18Bil.

$GM {{ '2017-07-25T12:10:39+0000' | timeago}} • Announcement

With $GM's plan to phase out the Chevrolet brand in South Africa and India markets by the end of 2017, GM China plans to introduce 10 new models in the second half of 2017. Chevrolet will introduce the Bolt EV in the U.S. markets nationwide by August 1.

$GM {{ '2017-07-25T12:02:34+0000' | timeago}} • Announcement

US auto market slowdown reached the car making giant $GM with 2Q17 attributable earnings slumping 42% to $1.60Bil or $1.09 per diluted share. Net revenue from continuing operations fell 1.1% to $37.0Bil, even as GM delivered a total of 725,000 vehicles in the United States for the quarter.

$GM {{ '2017-07-05T11:21:05+0000' | timeago}} • Announcement

$GM and its JV in China achieved its highest June sales ever, with deliveries rising 4.3% on an annual basis to 285,191 vehicles. The Buick, Cadillac and Baojun brands had record results for June, while Chevrolet had its strongest growth in six months. $GM's SUV segment remained the key driver of its sales growth and grew 42% in June.

$GM {{ '2017-07-03T14:04:22+0000' | timeago}} • Announcement

$GM reported a 3% annual decrease in overall US retail sales in June. However, sales of crossover vehicles jumped 23% on strong performance by the Chevrolet Equinox and Buick brands. Commercial sales in the US rose 36% during the month.  Total global vehicle sales were lower by 5% compared to June 2016.

$GM {{ '2017-06-05T12:15:56+0000' | timeago}} • Announcement

$GM and its JV in China recorded sale of 294,425 vehicles in China in May 2017. On a YoY basis, Cadillac deliveries surged 65%, while Baojun sales increasing 47%. $GM deliveries of SUVs, MPVs and luxury vehicles rose a combined 9.5% YoY. Deliveries for Buick totaled 94,023 units, while that for Chevrolet was 37,571 units during this period.

$GM {{ '2017-05-26T17:31:28+0000' | timeago}} • Announcement

Independent proxy advisory firm Glass Lewis recommended that $GM shareholders vote For All of the Board’s nominees and Against the Greenlight proposal at the company's 2017 Annual Meeting of Shareholders to be held on June 6, 2017.

$GM {{ '2017-05-04T12:05:34+0000' | timeago}} • Announcement

$GM and its joint ventures in China delivered 272,770 vehicles in April. Sales were down 1.9% YoY. The Cadillac and Baojun brands increased 98% and 58% in April respectively from a year earlier. GM deliveries of luxury vehicles, SUVs and MPVs increased a combined 14% on an annual basis and represented nearly half of the company’s sales in April.

$GM {{ '2017-05-02T15:31:22+0000' | timeago}} • Announcement

$GM’s total sales in April were down 6% as there was one fewer selling day YoY. Selling-day-adjusted sales were about 4 percentage points higher than reported sales. Retail sales were 191,911 units, down 4%, while fleet sales were 52,495 units, down 11%.

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