GM Reports Second-Quarter Net Income of $2.9 Billion, Up 157 Percent

2016-07-21

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.

GM, Detroit Tigers Host Hiring Our Heroes Career Expo

2016-07-15

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 GM’s Express Drive Expands to Colorado and California

2016-07-11

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.

GM-NASA Space Robot Partnership Brings ‘Power’ Glove to Life

2016-07-06

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.

GM Sets June and First Half Delivery Records in China

2016-07-06

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.

GM Reports Second-Quarter Net Income of $2.9 Billion, Up 157 Percent
GM, Detroit Tigers Host Hiring Our Heroes Career Expo
Lyft and GM’s Express Drive Expands to Colorado and California
GM-NASA Space Robot Partnership Brings ‘Power’ Glove to Life
GM Sets June and First Half Delivery Records in China

more news...

GM Reports Second-Quarter Net Income of $2.9 Billion, Up 157 Percent

2016-07-21

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.

GM Declares Dividend on Common Stock

2016-07-20

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.

GM, Detroit Tigers Host Hiring Our Heroes Career Expo

2016-07-15

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 GM’s Express Drive Expands to Colorado and California

2016-07-11

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.

GM-NASA Space Robot Partnership Brings ‘Power’ Glove to Life

2016-07-06

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.

GM Sets June and First Half Delivery Records in China

2016-07-06

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.

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 Extends Expanded Military Discount Program

2016-06-30

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.

GM Issues Reminder Regarding Warrant Expiration

2016-06-27

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.

GM Invests $290 Million in Bowling Green Assembly

2016-06-24

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.

GM and U.S. Navy Collaborating on Fuel Cell-Powered Underwater Unmanned Vehicles

2016-06-23

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.

GM Expands Career Re-Entry Internship Program

2016-06-20

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.

GM Dominates the Top 10 in Study of Most American-Made Vehicles

2016-06-20

For the fourth consecutive year, Chevrolet, Buick, GMC and Cadillac vehicles are the leaders of the Made in America Automotive Index produced by American University’s Kogod School of Business.

Alicia Boler-Davis to Lead GM Global Manufacturing and Labor Relations

2016-06-09

General Motors Co. (NYSE: GM) today announced Alicia Boler-Davis will become executive vice president, Global Manufacturing. She succeeds Jim DeLuca, who is retiring after a 37-year career that included key positions in manufacturing, labor relations and quality. The transition will begin immediately.

GM Names New Global Quality Chief

2016-06-08

General Motors Co. (NYSE: GM) announced today that Tony Francavilla has been appointed Vice President, Global Quality, effective immediately. He will report to Mary Barra, chairman and chief executive officer.

Press Release Archive...

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.

more news...