DETROIT – General Motors Co. (NYSE: GM) today announced first quarter net income attributable to common stockholders of $0.9 billion, or $0.56 per diluted share. The current quarter included a net loss from special items of $0.5 billion, or $(0.30) per diluted share.
DETROIT – General Motors Co. (NYSE: GM) sold 2.4 million vehicles globally in the first quarter of 2015, up 2 percent compared to a year ago. Sales in China increased 9 percent and deliveries in North America were up 6 percent. Opel/Vauxhall increased its sales by 3 percent in Europe.
(April 20, 2015, Shanghai) Shanghai OnStar is showcasing its unmatched lineup of safe, smart, connected, convenient and user-friendly innovative telematics services for Chinese car buyers at Auto Shanghai 2015, which starts today.
SHANGHAI – During a meeting today with media in Shanghai, General Motors CEO Mary Barra discussed the long-term potential of China’s automotive industry and reaffirmed GM’s investment plans for maintaining its growth in its largest market.
SHANGHAI – SAIC-GM-Wuling (SGMW) today introduced its first SUV, the Baojun 560, at Auto Shanghai 2015. The latest Baojun model, which was developed by SGMW, is aimed at those who want a functional vehicle for their personal and professional lives.
SHANGHAI – Buick’s new-generation sports sedan, the Verano, made its debut this evening at Shanghai GM Gala Night. It will be appearing on Shanghai GM’s stand at Auto Shanghai 2015, which starts tomorrow.
SHANGHAI – Buick introduced the Avenir concept on January 11 in advance of the North American International Auto Show – a flagship sedan exploring progressive design with new levels of passenger well-being and technology integration. Today, the Avenir made its China debut on the eve of Auto Shanghai 2015.
SHANGHAI – Today on the eve of the 2015 Shanghai Auto Show, Cadillac announced it will add an available Plug-In Hybrid Electric (PHEV) propulsion system to its upcoming range-topping CT6 sedan at Shanghai GM Cadillac new plant, Pudong Jinqiao, China.
SHANGHAI – The Cadillac CT6 made its Asian debut this evening at Shanghai GM Gala Night less than a month after its global debut at the New York International Auto Show on March 31.
SHANGHAI – Shanghai GM today announced that the Verano, Buick’s new-generation sports sedan, has been given the name of “Wei Lang” in Chinese. It will make its debut in Shanghai on April 19, on the eve of Auto Shanghai 2015.
GUILIN – Shanghai GM today announced the launch of the Buick Envision 20T. The four variants of the newest member of the popular Envision SUV family are priced between RMB 219,900 and RMB 259,900.
SHANGHAI – General Motors and SAIC today announced the establishment of SAIC Motor Insurance Sales Co., Ltd. (INSAIC).
SHANGHAI – Vehicle sales by General Motors and its joint ventures in China increased 8.0 percent on an annual basis last month to a March record 338,350 units.
NEW YORK – Cadillac tonight held the world premiere of the 2016 CT6, elevating it to the top of its range and creating a new formula for the prestige sedan through the integration of new technologies developed to achieve dynamic performance, efficiency and agility previously unseen in large luxury cars.
SHANGHAI – Shanghai GM will launch the Buick Envision 20T, the newest member of its Envision mainstream SUV lineup, across China in April.
DETROIT – General Motors Co. (NYSE: GM) today announced a comprehensive capital allocation framework, as improving business performance and strong capital discipline enable increased returns to shareholders.
SHANGHAI – General Motors and its joint ventures sold 261,072 vehicles in China during February, setting a new record for the month. Sales increased 1.3 percent from the same month last year.
Shanghai – At today’s 2015 Barcelona Mobile World Congress in Spain, Shanghai OnStar announced that it will join forces with China Mobile, the world’s largest wireless telecom carrier, for the launch of 4G LTE telematics service across China. The new service will debut in a Cadillac model from Shanghai GM this year.
SANYA – The all-new Buick Excelle GT was launched today in Sanya, Hainan, by Shanghai GM. The all-new Excelle GT has a dynamic exterior design, spacious interior and advanced level of safety. It is equipped with Buick’s new-generation 1.4T DVVT and 1.5L DVVT in-line four-cylinder powertrains. Nine variants of the sedan are available for between RMB 109,900 and RMB 159,900.
SHANGHAI – General Motors and its joint ventures sold 339,781 vehicles in China during January, down 2.4 percent from the same month last year. Shanghai GM’s domestic sales decreased 6.9 percent year on year to 160,067 units, SAIC-GM-Wuling’s sales in China were up 3.5 percent to 178,903 units and FAW-GM’s domestic sales were down 75.6 percent to 811 units.
SHANGHAI – Buick recently reached the 6 million sales milestone in China since its introduction by Shanghai GM more than 16 years ago. In the process, Buick affirmed its position as one of the fastest-growing passenger car brands in its largest market.
SHANGHAI – Shanghai GM has revealed photos of the exterior and interior of the all-new Buick Excelle GT in advance of its upcoming domestic launch. It will strengthen the presence of Buick – Shanghai GM’s most popular brand – in China’s mid-range mainstream sedan segment.
LIUZHOU – SAIC-GM-Wuling (SGMW), a joint venture between GM China, SAIC and Wuling Motors, announced today that it plans to establish a manufacturing facility in Indonesia to build Wuling brand vehicles for the country’s expanding vehicle market, which is a new step for SAIC and GM to jointly manufacture vehicles for selected Asian markets.
WUHAN – Shanghai GM today celebrated the start of manufacturing at its Wuhan Branch, as the first Buick Excelle passenger car rolled off the production line.
DETROIT – General Motors Co. (NYSE: GM) is reporting its second consecutive year of record global sales. In 2014, the company and its dealers delivered 9,924,880 vehicles around the world, surpassing by 2 percent the record set in 2013.
DETROIT – General Motors Co. (NYSE: GM) expects its total earnings before interest and tax (EBIT) adjusted and EBIT-adjusted margin to increase in 2015, compared to 2014, after adjusting 2014 for the impact of recall costs. The company also anticipates improved automotive results in all regions.
DETROIT – Buick today introduced the 2016 Cascada – a dynamic, stylish convertible that uses innovative powertrain and chassis technologies to complement the driving experience.
DETROIT – General Motors Co. CEO Mary Barra said today that the company expects light vehicle sales in the United States to reach a range of 16.5 million to 17.0 million units in 2015. The last time industry sales reached 17 million units was in 2001. The industry delivered 16.5 million light vehicles last year.
DETROIT– Buick delivered nearly 1.2 million vehicles in China, the United States, Canada and Mexico in 2014, marking the second consecutive sales record for the most Buicks sold in a single year in the brand’s 111-year history.
DETROIT – Cadillac’s global expansion continued in 2014 with the brand recording a 5 percent sales increase over the prior year. Cadillac sold 263,697 vehicles worldwide in the 2014 calendar year.