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GM’s Retail Sales Rise for 12th Consecutive Month Driven by Chevrolet, Buick and GMC

2016-05-03

General Motors (NYSE: GM) delivered 200,656 vehicles in April to individual or “retail” customers, up 3 percent year-over-year, driven by an 13 percent increase at Buick, 5 percent increase at GMC and a 4 percent increase at Chevrolet. GM’s Commercial deliveries were up for the 30th consecutive month while daily rental sales were down nearly 18,000 vehicles. GM total sales were down about 4 percent to 259,557 vehicles.

GM Invests Additional $788.7 Million in Spring Hill Manufacturing

2016-04-27

General Motors will invest $788.7 million for an all-new, high-efficiency engine program, as well as projects to modernize the vehicle programs at its Spring Hill Manufacturing Plant, creating 792 and retaining 16 jobs. At the same time, GM announced a $118 million investment at its Bay City Powertrain facility, creating 29 and retaining 67 jobs.

GM Names New Chief Compliance Officer

2016-04-27

General Motors Co. (NYSE: GM) announced today that it has appointed Jeffrey A. Taylor as Deputy General Counsel and Chief Compliance Officer, effective immediately. He will report to Craig Glidden, executive vice president and general counsel.

GM Financial Breaks Ground On New San Antonio Financial Servicing Center, With Featured Remarks From Texas Gov. Greg Abbott

2016-04-11

GENERAL MOTORS FINANCIAL COMPANY, INC. today broke ground on a new financial servicing center in San Antonio, Texas, in a ceremony that featured several notable city, county and state officials and community leaders as speakers, including Texas Governor Greg Abbott.

GM Design Chief Ed Welburn To Retire July 1

2016-04-07

Ed Welburn, vice president of General Motors Global Design, told employees today he will retire effective July 1, following a 44-year career with the company.

Chevrolet and GMC Make GM the Hottest Retail Automaker in the Industry

2016-04-01

General Motors (NYSE: GM) delivered 193,524 vehicles in March to individual or “retail” customers, up 6 percent year over year, driven by a 7 percent increase at Chevrolet and a 13 percent increase at GMC. The strong performance of these two brands has helped GM grow retail deliveries every month since April 2015. Despite significant reductions in daily rental units, total sales were up one percent.

Chevrolet Remains the Industry’s Fastest-Growing Full-Line Brand, with 11 Consecutive Months of Growth

2016-03-01

General Motors (NYSE: GM) continued to grow its retail sales and market share in February, a trend that began April 2015. Since then, retail deliveries have been up every month compared to a year ago, and retail market share has been up in 10 of 12 months. February retail deliveries totaled 179,958 units, up 7 percent. GM’s estimated retail share is up 0.4 percentage points.

GM Prices $2.0 Billion of Senior Unsecured Notes

2016-02-18

General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured notes for a total of $2.0 billion. These notes include $1.25 billion of 6.60 percent notes due in 2036 and $0.75 billion of 6.75 percent notes due in 2046. The offering is expected to settle on Feb. 23, 2016.

GM Invests $148 Million in Spring Hill Manufacturing

2016-02-18

General Motors will invest $148 million to repurpose flexible machining and assembly equipment at its Spring Hill Manufacturing plant to build V8 engines to meet market demand, retaining approximately 200 jobs.

General Motors Offers Senior Unsecured Notes

2016-02-18

General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured notes in 20- and 30-year tenors. GM intends to use the net proceeds from the sale of the notes to make a discretionary contribution to its U.S. hourly pension plan and, in the event GM does not use all of the net proceeds for this contribution, for general corporate uses.

Chevrolet Continues as the Industry’s Fastest Growing Brand, Leading GM Retail Sales Increase

2016-02-02

General Motors’ (NYSE: GM) Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 203,745 vehicles in January 2016, the company’s best January sales performance in eight years. GM’s retail sales were up sharply, climbing 9 percent year over year on the strength of a 12 percent increase at Chevrolet and a 45 percent increase at Buick. Total sales were up 0.5 percent.

GM Launches Career Re-Entry Internship Program

2016-01-22

General Motors today announced an innovative pilot internship program aimed at experienced women engineers who are interested in returning to the workforce after a two or more year career break.

GM Woos Used Car Buyers with New Online Service

2016-01-13

Online shoppers in the U.S. looking for a used Chevrolet, Buick, GMC or Cadillac will soon have access to a national inventory of low-mileage former General Motors lease, daily rental and company-owned vehicles never before available to the public in one easy-to-navigate place.

GM Takes Top Honor in IHS Automotive Loyalty Awards

2016-01-12

General Motors was recognized by IHS Automotive today, with its Overall Loyalty to Manufacturer award. The IHS Automotive Loyalty Awards are presented annually to companies and brands that demonstrate the ability to retain owners over repeat buying cycles.

GM, Chevrolet Lead with the Industry’s Largest Retail Market Share Increases of 2015

2016-01-05

General Motors’ (NYSE: GM) Chevrolet, Buick, GMC and Cadillac brands delivered 290,230 vehicles in December 2015, driven by an 8 percent year-over-year increase in retail deliveries and the company’s 26th consecutive month of Commercial sales growth. Total sales were up 6 percent.

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Global News

GM Reports First-Quarter Net Income of $2.0 Billion

General Motors Co. (NYSE: GM) today announced first-quarter net income to common stockholders of $2.0 billion or $1.24 per diluted share, compared to $0.9 billion or $0.56 per diluted share a year ago. Earnings per share diluted-adjusted for special items was a first-quarter record at $1.26, up 47 percent compared to the first quarter of 2015.

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