GM Announces $14.5 Billion Revolving Credit Facility

2016-05-26

General Motors Co. today announced the execution of an unsecured $14.5 billion revolving credit facility consisting of a $10.5 billion five-year facility and a $4.0 billion three-year facility. The facility amends and extends GM’s existing $12.5 billion revolving credit facility.

Five GM Vehicles Named Best for Fleets in America

2016-05-19

General Motors announced today that five of its vehicles have earned Vincentric 2016 Best Fleet Value in America™ awards.

Maven Reaches One Million Miles Driven; Boston, Chicago, and D.C. Join Lineup

2016-05-19

In less than four months, Maven, General Motors’ personal mobility brand, has grown to five markets: New York City, Ann Arbor, Mich., and today announced Boston, Chicago and Washington, D.C. Maven members have driven more than one million miles, bringing them closer to the things – and people – they love.

GM Delivers Ultimate Personal Mobility Experiences

2016-05-11

GM started the connected car revolution 20 years ago with the launch of OnStar and continues to deliver innovative solutions at a scale unmatched by anyone in the industry. OnStar is the enabler for Chevrolet, Buick, GMC, Cadillac, Opel and Vauxhall to introduce new technology features across a broad range of drivers. Today, the blue button brand delivers services in four continents, 18 countries, 10 languages and 13 time zones, with more than a billion customer interactions.

ACDelco Marks a Century of Aftermarket Leadership

2016-05-11

On May 11, 1916, General Motors founder William C. “Billy” Durant assembled a dream team of premium automotive brands into a new company called United Motors Corporation – the forerunner of ACDelco – to provide a single source for service and replacement parts to the growing number of car buyers.

GM Announces $14.5 Billion Revolving Credit Facility
Five GM Vehicles Named Best for Fleets in America
Maven Reaches One Million Miles Driven; Boston, Chicago, and D.C. Join Lineup
GM Delivers Ultimate Personal Mobility Experiences
ACDelco Marks a Century of Aftermarket Leadership

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GM Announces $14.5 Billion Revolving Credit Facility

2016-05-26

General Motors Co. today announced the execution of an unsecured $14.5 billion revolving credit facility consisting of a $10.5 billion five-year facility and a $4.0 billion three-year facility. The facility amends and extends GM’s existing $12.5 billion revolving credit facility.

Five GM Vehicles Named Best for Fleets in America

2016-05-19

General Motors announced today that five of its vehicles have earned Vincentric 2016 Best Fleet Value in America™ awards.

Maven Reaches One Million Miles Driven; Boston, Chicago, and D.C. Join Lineup

2016-05-19

In less than four months, Maven, General Motors’ personal mobility brand, has grown to five markets: New York City, Ann Arbor, Mich., and today announced Boston, Chicago and Washington, D.C. Maven members have driven more than one million miles, bringing them closer to the things – and people – they love.

GM Delivers Ultimate Personal Mobility Experiences

2016-05-11

GM started the connected car revolution 20 years ago with the launch of OnStar and continues to deliver innovative solutions at a scale unmatched by anyone in the industry. OnStar is the enabler for Chevrolet, Buick, GMC, Cadillac, Opel and Vauxhall to introduce new technology features across a broad range of drivers. Today, the blue button brand delivers services in four continents, 18 countries, 10 languages and 13 time zones, with more than a billion customer interactions.

ACDelco Marks a Century of Aftermarket Leadership

2016-05-11

On May 11, 1916, General Motors founder William C. “Billy” Durant assembled a dream team of premium automotive brands into a new company called United Motors Corporation – the forerunner of ACDelco – to provide a single source for service and replacement parts to the growing number of car buyers.

Holy Shift! A Look inside GM’s new 10-Speed Automatic

2016-05-11

Engineers for the new 10-speed automatic transmission available in the 2017 Chevrolet Camaro ZL1 built on the experience of previous, critically acclaimed Hydra-Matic multispeed transmissions to push its performance, refinement and efficiency advantages to a new threshold.

GM Strengthens Business, Communities through Mobility

2016-05-10

The rules of vehicle use and ownership are changing rapidly, according to GM’s latest Sustainability Report (gmsustainability.com) released Tuesday. Connectivity, car-sharing, alternative propulsion and autonomous vehicles are key elements toward a future of safer, cleaner and more efficient mobility options for customers.

General Motors Young Latino Professionals Receive National Leadership Honor

2016-05-04

Two GM young Latino professionals – a software developer and an automotive engineer – were among 35 young professionals recognized nationally for their leadership by the Hispanic Association on Corporate Responsibility (HACR) today.

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 Announces Stephen Girsky to Retire from Board of Directors

2016-04-22

General Motors Co. Chairman and CEO Mary Barra announced today that Stephen Girsky has elected to retire from GM’s Board of Directors and will not stand for reelection at the company’s Annual Meeting of Shareholders in June 2016. Girsky joined the board in July 2009.

GM Announces Nomination of Jane Mendillo to Board of Directors

2016-04-22

General Motors Co., announced today that Jane Mendillo, the retired president and chief executive officer of the Harvard Management Company, has been nominated to stand for election to the GM Board of Directors at the company’s Annual Meeting of Shareholders in June.

GM Adjusts Production in Wake of Japan Earthquakes

2016-04-22

As GM continues to assess the potential impact on its supply chain from the recent earthquakes in Japan, it is taking proactive steps to mitigate a part supply issue and is adjusting production schedules at four of its North American assembly facilities.

GM Reports First-Quarter Net Income of $2.0 Billion

2016-04-21

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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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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