GM Reports Record Net Income of $9.7 Billion and Record EBIT-Adjusted of $10.8 Billion for 2015

03.02.2016

General Motors Co. (NYSE: GM) today announced record 2015 calendar-year net income attributable to common stockholders of $9.7 billion, or $5.91 per diluted share, up from $2.8 billion, or $1.65 per diluted share in 2014. Earnings per share (EPS) adjusted for special items was $5.02, up 65 percent compared to $3.05 in 2014.

South African New Vehicle Sales drop to lowest in almost 5 years

02.02.2016

JOHANNESBURG –The overall industry was down 6.9 percent versus the same period last year, despite surprisingly high rental sales, of which accounted for one in four passenger vehicles sold. General Motors South Africa (GMSA) posted total sales of 3 437 units in January.

The Opel GT Concept: This is How Sportscars Will Look in Future

27.01.2016

Rüsselsheim. The Opel GT Concept will celebrate its world premiere at the 86th Geneva International Motor Show (March 3 to 13, 2016). This trendsetting sportscar expresses the continuous innovative strength of Opel – breathtaking in its shape, reduced to the bare essentials, pure passion. The thoroughbred athlete with a front mid-engine and rear-wheel drive is a direct descendant of the Opel GT and the Monza Concept and takes Opel’s sculptural design philosophy to the next level. The sportscar is avant-garde yet puristic, renounces everything that disturbs the pure form. The GT Concept has no door handles or exterior door mirrors.

GM Increases Earnings Outlook for 2016; Announces Increased Returns to Shareholders

12.01.2016

DETROIT – General Motors Co. (NYSE: GM) today announced an increase to its 2016 earnings per share adjusted outlook to between $5.25 and $5.75, up from the prior outlook of $5.00 to $5.50 provided on Oct. 1, 2015. The company also expects improved EBIT-adjusted, EBIT-adjusted margin and automotive adjusted free cash flow.

GMSA Bucks the Industry Trend Again in December

08.01.2016

JOHANNESBURG – General Motors South Africa (GMSA) finished 2015 off on a strong note, posting the best sales results of the year for Chevrolet, Opel and Isuzu. In December, GMSA sold a total of 5 231 vehicles achieving a market share of 10.6%. Although NAAMSA domestic sales declined by 4.2% vs December last year, GMSA posted a sales gain of 18.6% versus December last year.

GM Reports Record Net Income of $9.7 Billion and Record EBIT-Adjusted of $10.8 Billion for 2015
South African New Vehicle Sales drop to lowest in almost 5 years
The Opel GT Concept: This is How Sportscars Will Look in Future
GM Increases Earnings Outlook for 2016; Announces Increased Returns to Shareholders
GMSA Bucks the Industry Trend Again in December

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GM Reports Record Net Income of $9.7 Billion and Record EBIT-Adjusted of $10.8 Billion for 2015

03.02.2016

General Motors Co. (NYSE: GM) today announced record 2015 calendar-year net income attributable to common stockholders of $9.7 billion, or $5.91 per diluted share, up from $2.8 billion, or $1.65 per diluted share in 2014. Earnings per share (EPS) adjusted for special items was $5.02, up 65 percent compared to $3.05 in 2014.

South African New Vehicle Sales drop to lowest in almost 5 years

02.02.2016

JOHANNESBURG –The overall industry was down 6.9 percent versus the same period last year, despite surprisingly high rental sales, of which accounted for one in four passenger vehicles sold. General Motors South Africa (GMSA) posted total sales of 3 437 units in January.

The Opel GT Concept: This is How Sportscars Will Look in Future

27.01.2016

Rüsselsheim. The Opel GT Concept will celebrate its world premiere at the 86th Geneva International Motor Show (March 3 to 13, 2016). This trendsetting sportscar expresses the continuous innovative strength of Opel – breathtaking in its shape, reduced to the bare essentials, pure passion. The thoroughbred athlete with a front mid-engine and rear-wheel drive is a direct descendant of the Opel GT and the Monza Concept and takes Opel’s sculptural design philosophy to the next level. The sportscar is avant-garde yet puristic, renounces everything that disturbs the pure form. The GT Concept has no door handles or exterior door mirrors.

GM Increases Earnings Outlook for 2016; Announces Increased Returns to Shareholders

12.01.2016

DETROIT – General Motors Co. (NYSE: GM) today announced an increase to its 2016 earnings per share adjusted outlook to between $5.25 and $5.75, up from the prior outlook of $5.00 to $5.50 provided on Oct. 1, 2015. The company also expects improved EBIT-adjusted, EBIT-adjusted margin and automotive adjusted free cash flow.

GMSA Bucks the Industry Trend Again in December

08.01.2016

JOHANNESBURG – General Motors South Africa (GMSA) finished 2015 off on a strong note, posting the best sales results of the year for Chevrolet, Opel and Isuzu. In December, GMSA sold a total of 5 231 vehicles achieving a market share of 10.6%. Although NAAMSA domestic sales declined by 4.2% vs December last year, GMSA posted a sales gain of 18.6% versus December last year.

Walter Martin retires after sixty years on the job

18.12.2015

Port Elizabeth – I have been going to the office for 60 years but I have never worked for a day in my life. I enjoyed every single day.

Care-free, Thanks to Complete Care

17.12.2015

JOHANNESBURG – General Motors South Africa continues to live up to the ethos of its Complete Care programme, with employees at the company’s Sales and Marketing offices in Woodmead recently signing the I Care pledge.

Festive Cheer for Needy Children

17.12.2015

PORT ELIZABETH – “We give back” is the mantra that General Motors South Africa (GMSA) employees live by.

Local Plant Manager to Head Up Manufacturing in Africa

15.12.2015

PORT ELIZABETH – General Motors South Africa (GMSA) announced the appointment of Clayton Whitaker as Vice President, Manufacturing GM Africa, with immediate effect.

“Car of the Year 2016”: Opel Astra Among Final Seven Contenders

14.12.2015

14 December 2015 - Rüsselsheim. 58 experienced journalists from 22 European countries will decide which vehicle is named European “Car of the Year 2016”. The list of candidates originally contained 35 new models released during the course of this year. The new Opel Astra faced the critical journalists and the 33 rivals at the Tannistest in Denmark. There are no segments in the “Car of the Year” award – the jury will pick a single car that is worthy of the award.

General Motors Employees Start New Landscaping Project

10.12.2015

PORT ELIZABETH – Employees at General Motors South Africa’s (GMSA) Parts and Distribution Centre (PDC) got their hands dirty recently when they participated in a new landscaping project.

Festive Treat for General Motors Retirees

10.12.2015

PORT ELIZABETH – General Motors South Africa (GMSA) once again spread some festive cheer to the company’s retirees this year by presenting them with Spar vouchers. A total of 1700 Spar vouchers were distributed to the value of R1.2 million.

Opel Corsa Named Best of the Best

08.12.2015

JOHANNESBURG – The exciting new Opel Corsa won the Best of the Best Award in the Best Budget Buy segment by South Africa’s biggest newspaper, The Star. The Corsa surpassed five competitor vehicles to claim top spot going up against the likes of Honda Jazz, Mazda2, Suzuki Celerio, Toyota Aygo and VW Up. The Corsa was awarded for its impressive build quality as well as a more refined and roomy cabin for a B-segment hatchback according to Independent Media’s team of motoring journalists.

Opel Continues to Grow as Industry Softens

03.12.2015

03 December 2015 – November total industry sales came in at 51 256 vehicles, slightly behind November 2014 sales of 51 055 units. Year to date November 2015 industry sales are 4.1 percent down over the same period last year (568 584 vs 592 839).

Chevrolet supports Gauteng’s annual Toy Run

30.11.2015

JOHANNESBURG – The Chevrolet Ute Force has once again lent their support to the annual Toy Run motorcycle ride that took place at the Benoni Sports ground on Sunday, 29th November 2015.

New Opel Astra Wins “2015 Golden Steering Wheel”

17.11.2015

16 November 2015 - Rüsselsheim/Berlin. And the winner is: The Opel Astra. Opel’s new compact class star was recognized at the Oscars of the automotive industry in Berlin, winning the “Golden Steering Wheel” in the compact class. The Astra has only been at dealers since mid-October and has now already reaped this important award making it a true high-flyer. Opel Group CEO Dr. Karl-Thomas Neumann and CMO Tina Müller attended the ceremony last week in the Axel-Springer-Haus, with Dr. Neumann accepting the award on behalf of Opel. The “Golden Steering Wheel” is awarded jointly by Auto Bild and Bild am Sonntag. A jury consisting of readers, experts and celebrities such as racing legend Walter Röhrl pick the best newcomers of the year after extensive test drives.

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GM Reports Record Net Income of $9.7 Billion and Record EBIT-Adjusted of $10.8 Billion for 2015

General Motors Co. (NYSE: GM) today announced record 2015 calendar-year net income attributable to common stockholders of $9.7 billion, or $5.91 per diluted share, up from $2.8 billion, or $1.65 per diluted share in 2014. Earnings per share (EPS) adjusted for special items was $5.02, up 65 percent compared to $3.05 in 2014.

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