General Motors Co. (NYSE: GM) announced today that it has resolved a U.S. Securities and Exchange Commission investigation arising from the company’s 2014 ignition switch recalls by consenting to an administrative SEC Cease and Desist Order, without admitting or denying any wrongdoing.
General Motors today announced that it will invest an additional $1 billion in U.S. manufacturing operations. These investments follow $2.9 billion announced in 2016 and more than $21 billion GM has invested in its U.S. operations since 2009.
Chevrolet, along with students from Detroit’s Cody Rouge community, A World in Motion and FIRST LEGO® League, unveiled its life-size LEGO® Batmobile today at the North American International Auto Show.
General Motors launched its second annual Discover Your Drive diversity journalism program Jan. 7-11, hosting 13 college students and nine journalists from across the country at Detroit’s North American International Auto Show. Students from diverse backgrounds participated in the program, which promotes diversity in automotive journalism and news coverage.
IHS Markit, a leading source of global automotive industry information, analysis and insight, has recognized General Motors (NYSE: GM) as the company with the highest overall customer loyalty for the second consecutive year. The announcement was made tonight at the Automotive News World Congress held in conjunction with the North American International Auto Show.
General Motors Co. (NYSE: GM) today said it expects its 2017 earnings per share (EPS) diluted-adjusted to increase to $6.00-$6.50, up from its 2016 calendar-year outlook of $5.50-$6.00. In 2017, the company also expects to maintain or improve EBIT-adjusted and EBIT-adjusted margin on higher revenues, compared to 2016, and generate about $6.0 billion of automotive-adjusted free cash flow.
The gender gap in technology and engineering is getting worse despite the increased demand for STEM-related jobs. GM and the national nonprofit Girls Who Code (GWC) today announced a partnership to inspire and empower thousands of U.S. middle and high school girls to become future leaders in these fields.
Chevrolet today introduced the all-new 2018 Traverse. Wrapped in bold and refined styling, the completely redesigned Traverse offers technologies to help keep passengers of all ages and lifestyles comfortable and connected.
GMC today introduced the all-new 2018 Terrain and unveiled the next chapter of GMC design via a boldly styled and intelligently engineered successor to the brand’s popular compact SUV. The Terrain offers greater refinement and versatility to adapt to customers’ unique needs, and it’s packed with more available advanced safety technologies than ever before.
SHANGHAI – General Motors and its joint ventures delivered a record 3,870,587 vehicles in China in 2016, which was an increase of 7.1 percent from the previous high in 2015.
General Motors is offering a third round of its successful Take 2 program — 12-week career re-entry internships for experienced technical professionals — in spring 2017.
General Motors (NYSE: GM) sold 249,983 vehicles in December to individual or “retail” customers in the U.S., up more than 3 percent from last year. Based on initial estimates, GM was the fastest growing full-line automaker in December and in 2016, led by strong retail sales gains at Chevrolet. GM turned in its best U.S. December retail sales performance since 2007.
General Motors manufactures the Chevrolet Cruze sedan in Lordstown, Ohio. All Chevrolet Cruze sedans sold in the U.S. are built in GM’s assembly plant in Lordstown, Ohio. GM builds the Chevrolet Cruze hatchback for global markets in Mexico, with a small number sold in the U.S.
General Motors Co. Chairman and CEO Mary Barra announced today that Kathryn Marinello has elected to resign from GM’s Board of Directors effective immediately. The announcement comes following Marinello’s appointment as president and chief executive officer of Hertz Global Holdings effective Jan. 3, 2017. Marinello joined GM’s board in July 2009.