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GM’s Gains One Percentage Point of Retail Share in July, Driving Share to Highest Level Since December 2011

2016-08-02

General Motors (NYSE: GM) sold 236,235 vehicles to individual or “retail” customers in July, up 5 percent year-over-year, driven by across the board increases at Chevrolet, GMC, Buick and Cadillac. GM’s brands collectively had their best July retail sales performance since 2007.

Chevrolet, Buick and Cadillac Retail Sales Increases Drive GM’s June Share Growth

2016-07-01

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.

GM Annual Meeting of Shareholders Preliminary Voting Results

2016-06-07

General Motors Company (NYSE: GM) today announced at its annual meeting of shareholders the preliminary results of voting, representing 86 percent of shares eligible to be voted.

GM’s Newly Launched Chevrolet Malibu and Cruze and Cadillac XT5 and CT6 Off to Strong Start

2016-06-01

General Motors (NYSE: GM) sold 190,613 vehicles in May to individual or “retail” customers, down 13 percent from last May, largely due to two fewer selling days and very tight supplies of new launched products. Based on industry estimates, GM’s retail sales were in line with industry performance.

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 Financial Breaks Ground On New San Antonio Financial Servicing Center, With Featured Remarks From Texas Gov. Greg Abbott

2016-04-11

GENERAL MOTORS FINANCIAL COMPANY, INC. today broke ground on a new financial servicing center in San Antonio, Texas, in a ceremony that featured several notable city, county and state officials and community leaders as speakers, including Texas Governor Greg Abbott.

GM Design Chief Ed Welburn To Retire July 1

2016-04-07

Ed Welburn, vice president of General Motors Global Design, told employees today he will retire effective July 1, following a 44-year career with the company.

Chevrolet and GMC Make GM the Hottest Retail Automaker in the Industry

2016-04-01

General Motors (NYSE: GM) delivered 193,524 vehicles in March to individual or “retail” customers, up 6 percent year over year, driven by a 7 percent increase at Chevrolet and a 13 percent increase at GMC. The strong performance of these two brands has helped GM grow retail deliveries every month since April 2015. Despite significant reductions in daily rental units, total sales were up one percent.

Chevrolet Remains the Industry’s Fastest-Growing Full-Line Brand, with 11 Consecutive Months of Growth

2016-03-01

General Motors (NYSE: GM) continued to grow its retail sales and market share in February, a trend that began April 2015. Since then, retail deliveries have been up every month compared to a year ago, and retail market share has been up in 10 of 12 months. February retail deliveries totaled 179,958 units, up 7 percent. GM’s estimated retail share is up 0.4 percentage points.

GM Prices $2.0 Billion of Senior Unsecured Notes

2016-02-18

General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured notes for a total of $2.0 billion. These notes include $1.25 billion of 6.60 percent notes due in 2036 and $0.75 billion of 6.75 percent notes due in 2046. The offering is expected to settle on Feb. 23, 2016.

GM Invests $148 Million in Spring Hill Manufacturing

2016-02-18

General Motors will invest $148 million to repurpose flexible machining and assembly equipment at its Spring Hill Manufacturing plant to build V8 engines to meet market demand, retaining approximately 200 jobs.

General Motors Offers Senior Unsecured Notes

2016-02-18

General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured notes in 20- and 30-year tenors. GM intends to use the net proceeds from the sale of the notes to make a discretionary contribution to its U.S. hourly pension plan and, in the event GM does not use all of the net proceeds for this contribution, for general corporate uses.

Chevrolet Continues as the Industry’s Fastest Growing Brand, Leading GM Retail Sales Increase

2016-02-02

General Motors’ (NYSE: GM) Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 203,745 vehicles in January 2016, the company’s best January sales performance in eight years. GM’s retail sales were up sharply, climbing 9 percent year over year on the strength of a 12 percent increase at Chevrolet and a 45 percent increase at Buick. Total sales were up 0.5 percent.

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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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