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.

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.

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.

GM Reports Record Net Income of $9.7 Billion and Record EBIT-Adjusted of $10.8 Billion for 2015
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
Care-free, Thanks to Complete Care

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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.

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.

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.

“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.

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).

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.

Opel ADAM Rocks for Affluent Urban Adventurers

10.11.2015

10 November 2015 – Opel has added a limited edition derivative of the Opel ADAM to its South African line-up, the ADAM Rocks. Inspired by parkour sports, the ADAM Rocks is about self-expression and combines the resilience and agility of a mini-CUV (Cross Utility Vehicle) with the freedom of open air driving. The uniquely charismatic Opel ADAM Rocks, with its tougher and more masculine appearance, is a city sized, rural friendly all-rounder that inspires a whole new breed of urban adventurers.

General Motors SA Posts Best Sales Results in 2 Years

03.11.2015

JOHANNESBURG – General Motors South Africa (GMSA) has sold 5 301 units in October 2015 up 3% from last month and posting the best sales results since October 2013. This against the backdrop of industry sales dropping 2%.

GM Reports Third-Quarter Net Income of $1.4 Billion and Record EBIT-Adjusted of $3.1 Billion

21.10.2015

General Motors Co. (NYSE: GM) today announced third-quarter net income to common stockholders of $1.4 billion or $0.84 per diluted share, compared to $1.4 billion or $0.81 per diluted share a year ago. Improvement in operating performance during the quarter was offset by a net loss from special items.

GM Sold 7.2 Million Vehicles in the First Nine Months of 2015

16.10.2015

DETROIT – General Motors Co. (NYSE: GM) sold 7.2 million vehicles globally in the first nine months of 2015. The company posted sales increases in four of its five largest markets, with record sales in China and strong retail sales gains in the United States. Total sales were down 1 percent, due primarily to the company’s previously announced decisions to strategically reduce its presence in certain markets, as well as difficult market conditions in South America.

Ireland Davenport Group appointed To Manage the Iconic Isuzu Brand

16.10.2015

JOHANNESBURG – It is with great pleasure that General Motors South Africa (GMSA) announced the appointment of The Ireland Davenport Group to manage its Isuzu Brand Account.

Saatchi & Saatchi Brandsrock Appointed As The Event Management Agency for Chevrolet, Opel & Isuzu

15.10.2015

JOHANNESBURG – General Motors South Africa (GMSA) welcomed one of the country’s fastest growing agencies to support the growth of the Chevrolet, Opel and Isuzu brands in Southern Africa.

Thai Diplomats Visit GMSA Struandale Plant

07.10.2015

Delegates and officials of the Royal Thai Embassy this week visited the General Motors South Africa (GMSA) Struandale plant in Port Elizabeth. The delegation was led by Dr Chakarin Komolsiri (front), Trade Commissioner of the Thai Embassy. According to Komolsiri Thailand is one of the biggest suppliers of automotive components to South Africa. He said Thailand was constantly looking at ways to boost their exports to South Africa and to strengthen relationships with South African businesses. Thai investors are currently looking at investment opportunities in South Africa, including Port Elizabeth according to Komolsiri.

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