It’ll be all hands (and arms and legs) on deck when 2,500 General Motors employees return to Detroit’s Cody Rouge community to volunteer the week of Aug. 15. Employees will donate their time and talent to board up vacant homes, clean empty lots, spruce up streets and tackle other neighborhood and school improvements.
The General Motors Orion Assembly plant that builds the Chevrolet Bolt EV ranks as the eighth largest user of green power generated onsite in the United States among the Environmental Protection Agency’s Green Power Partnership Partners. Over half of the plant is powered by methane captured from decomposing trash in a nearby landfill.
General Motors Co. (NYSE: GM) today announced strong second-quarter net income to common stockholders of $2.9 billion, up 157 percent compared to $1.1 billion in the second quarter of 2015. Earnings per share (EPS) diluted was a strong $1.81, compared to $0.67 in the second quarter a year ago.
General Motors Co. (NYSE: GM) today declared a third quarter 2016 dividend of 38 cents per share on the company’s common stock. The third quarter dividend is payable Friday, Sept. 23, 2016 to all common stockholders of record as of Friday, Sept. 9, 2016.
General Motors is partnering with the Detroit Tigers, Michigan Veterans Affairs Agency (MVAA), U.S. Chamber of Commerce and more than 100 local employers to host a Hiring Our Heroes job fair and career training workshop for U.S. military veterans and military spouses on July 15, 2016 at Comerica Park.
Lyft and General Motors today announced the expansion of their Express Drive short-term vehicle access program to California and Colorado, including the all-new 2017 Chevrolet Bolt EV.
Robotic glove technology developed out of a partnership between General Motors and NASA for use on the International Space Station is finding new life on Earth in health care, manufacturing and other industrial applications though a licensing agreement between GM and Bioservo Technologies AB, a Swedish medical technology company.
General Motors and its joint ventures had record June deliveries in China of 273,563 units, which was up 11.2 percent on an annual basis. The Buick, Cadillac and Baojun brands had their best June ever.
General Motors (NYSE: GM) sold 209,295 vehicles to individual or “retail” customers in June, up more than 1 percent year over year, driven by increases at Chevrolet, Buick and Cadillac of 3 percent, 2 percent and 5 percent, respectively. Based on initial estimates, GM gained 0.1 percentage points of retail share in June to remain the fastest growing full-line automaker. GM has gained retail market share in 13 of the past 14 months, dating to April 2015. Less profitable daily rental sales were down 5,690 vehicles or 22 percent, as planned. GM’s total sales in June were down less than 2 percent to 255,210 vehicles.
Chevrolet, Buick and GMC will celebrate the Independence Day holiday by extending their expanded military discount programs for all 21 million U.S. military veterans and their spouses through July 8, 2016.
General Motors Co. (NYSE: GM) today issued a reminder to warrant holders that the company’s publicly traded Series A warrants are set to expire on Sunday, July 10, 2016. Because the expiration date is not a trading day on the NYSE, warrants will not be exercisable after the Depository Trust & Clearing Corporation’s (DTCC) cutoff time for exercises on Friday, July 8, 2016.
General Motors announced today it will invest $290 million into the Bowling Green Assembly plant to upgrade and modify the plant’s vehicle assembly operations with new technologies and processes.
General Motors, the Office of Naval Research and the U.S. Naval Research Laboratory are cooperating to incorporate automotive hydrogen fuel cell systems into the next generation of Navy unmanned undersea vehicles, or UUVs.
Following a successful pilot within the engineering organization, General Motors announced the expansion of its popular 12-week career re-entry internship this fall. Paid internships will begin in mid-September and will be available in GM’s information technology, manufacturing and engineering functions.