Jaime Ardila, General Motors executive vice president and president of South America, announced today he will retire after nearly three decades at the company. Barry Engle, a seasoned automotive executive and currently chief executive officer of Agility Fuel Systems, will join GM in September and succeed Ardila.
General Motors Co. (NYSE: GM) announced today that it has appointed Jill Sutton as Corporate Secretary and Deputy General Counsel for Corporate, Finance and Strategic Transactions, effective immediately. Sutton will report to Craig Glidden, executive vice president and general counsel.
Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 259,353 vehicles in June 2015. Retail deliveries climbed 7 percent year over year, and they were up more than the industry for the third month in a row. The drivers were stronger Cadillac sales, a 12 percent gain at GMC and a 9 percent increase at Chevrolet. Together, they helped make the month General Motors’ (NYSE: GM) best June for retail deliveries since 2007 and its best June for retail market share since 2011.
General Motors Co. (NYSE: GM) said today that Fitch Ratings has raised the credit ratings of both GM and GM Financial to investment grade. With this upgrade, the corporate credit ratings for GM are now investment grade with all major rating agencies.
Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 293,097 vehicles in May 2015, for General Motors Co.’s (NYSE: GM) best May sales since 2007 and its best month since August 2008. Total sales were up 3 percent year over year and retail sales were up 7 percent in a month when most major competitors lost ground. Pickup trucks and crossovers were especially strong sellers.
Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 269,056 vehicles in April 2015, up 6 percent year over year. Retail deliveries were up 5 percent, fleet deliveries were up 8 percent and commercial sales were the highest since March 2008.
Chevrolet, GMC, Buick and Cadillac dealers in the United States delivered 249,875 vehicles in March 2015, down 2 percent year over year. Fleet deliveries were up 5 percent and retail deliveries declined 5 percent. Total sales of trucks, including pickups, vans and SUVs, were up 14 percent. Crossover deliveries were up 6 percent and passenger car deliveries were down 21 percent.
General Motors Co. (NYSE: GM) dealers in the United States delivered 231,378 vehicles last month. Total sales were up 4 percent compared to a year ago. Retail sales were up 1 percent. Commercial and fleet deliveries were up 12 percent. Sales of trucks, including SUVs, vans and pickups, were up 36 percent year over year.
General Motors Co. (NYSE: GM) dealers in the United States delivered 202,786 vehicles last month for the company’s best January sales in seven years. Total sales were up 18 percent compared to a year ago. Retail sales were up 14 percent and fleet deliveries were up 32 percent.
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.
General Motors Co. (NYSE: GM) dealers in the United States delivered 274,483 vehicles last month for the company’s best December sales in seven years. Total sales were up 19 percent compared to a year ago. Retail sales were up 23 percent and fleet deliveries were up 6 percent.
General Motors Co. (NYSE: GM) announced today that it has redeemed all 156.1 million outstanding shares of its Series A Preferred Stock from the UAW Retiree Medical Benefits Trust (UAW VEBA) and Canada Gen Investment Corporation for an aggregate liquidation amount of $3.9 billion, including accumulated dividends.
General Motors Co. (NYSE: GM) dealers in the United States delivered 225,818 vehicles last month for the company’s best November sales in seven years. Total sales were up 6 percent compared to a year ago, retail sales were up 5 percent and fleet deliveries were up 11 percent.
General Motors Co. (NYSE: GM) today announced a series of leadership changes to continue its evolution into a stronger, more customer-centric organization.
Rüsselsheim. The Opel Group continues to strengthen its top management team. Effective January 1, 2015, Charlie Klein (54) currently Executive Chief Engineer, Vans, Light Commercial Vehicles and Alliance Programs, is appointed Vice President Vehicle Engineering, Europe ...
As part of Chevrolet’s global growth strategy to ensure long-term profitable growth in the markets where we operate, the company today confirmed that it will make US $1 billion (INR 6,400 crores) in new investment in India. The announcement was made in Delhi during GM CEO Mary Barra’s second visit to the country in 12 months.