Edition:
United States

General Motors Co (GM.N)

GM.N on New York Stock Exchange

35.41USD
2 Dec 2016
Change (% chg)

$-1.02 (-2.80%)
Prev Close
$36.43
Open
$36.25
Day's High
$36.30
Day's Low
$35.30
Volume
3,814,074
Avg. Vol
3,402,336
52-wk High
$36.65
52-wk Low
$26.69

Latest Key Developments (Source: Significant Developments)

GM says October China vehicle sales +5.7 percent y/y
Friday, 4 Nov 2016 04:11am EDT 

General Motors Co says: Oct China vehicle sales total 345,733, +5.7 percent y/y, versus +16 percent in Sept .Jan-Oct China vehicle sales total 3,064,048, +8.6 percent y/y, versus +2.9 percent a year ago.  Full Article

GM Financial says net income of $147 mln for qtr ended Sept 30
Tuesday, 25 Oct 2016 07:40am EDT 

General Motors Financial Company : Net income of $147 million for quarter ended september 30, 2016, compared to $179 million for quarter ended september 30, 2015 . Consumer loan and lease originations of $11.2 billion for september quarter .Net charge-offs were 2.0% of average retail finance receivables for quarter ended September 30, 2016 versus 1.9%.  Full Article

GM's 3rd-qtr revenue rises 10.3 pct
Tuesday, 25 Oct 2016 07:30am EDT 

General Motors Co : Q3 non-GAAP earnings per share $1.72 . Q3 GAAP earnings per share $1.76 . Q3 GAAP net revenue rose 10.3 percent to $42.8 billion . Q3 global deliveries were 2.4 million units, up 3.8 percent . Q3 non-GAAP EBIT-adjusted margin 8.3 percent, up 0.3 pts .Q3 earnings per share view $1.45, revenue view $39.29 billion -- Thomson Reuters I/B/E/S.  Full Article

GM expects FY2016 adj. diluted EPS at $6.00
Tuesday, 25 Oct 2016 07:30am EDT 

General Motors Co : GM expects full-year earnings per diluted adjusted share at the high end of its previously stated range of $5.50 - $6.00 .FY2016 earnings per share view $5.85 -- Thomson Reuters I/B/E/S.  Full Article

GM's 3rd-qtr N. American EBIT-adjusted profit margin was 11.2 pct
Tuesday, 25 Oct 2016 07:30am EDT 

General Motors Co :Q3 North American EBIT-adjusted profit margin 11.2 percent versus 11.8 percent year ago.  Full Article

Unifor to negotiate with Fiat Chrysler once agreement with GM ratified
Thursday, 22 Sep 2016 02:11pm EDT 

Unifor:Pending ratification of tentative agreement with GM, next company in negotiations with Detroit three automakers will be Fiat Chrysler Automobile.  Full Article

General Motors and plaintiffs settle two ignition switch MDL cases
Monday, 5 Sep 2016 12:00pm EDT 

General Motors Co : Co and plaintiffs settle two ignition switch MDL cases . Agreed to settle the last two federal bellwether cases scheduled for 2016; terms of the settlements will be confidential Further company coverage: [GM.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Hilliard Muñoz Gonzales LLP says GM settles 2 remaining national MDL bellwether cases
Monday, 5 Sep 2016 11:33am EDT 

Hilliard Muñoz Gonzales LLP : Hilliard Munoz Gonzales reports that GM settles the 2 remaining national MDL bellwether cases . Bob Hilliard announced two weeks before picking jury in BW trial no 5 GM agreed to settle the case for an undisclosed amount .Bob Hilliard announced in addition, BW trial no 6, scheduled to begin Nov 4, 2016 was also settled for an undisclosed amount.  Full Article

GM says August China vehicle sales +18 percent y/y
Monday, 5 Sep 2016 12:11am EDT 

General Motors Co says: Aug China vehicle sales total 293,537, +18 percent y/y, versus +18 percent in July .Jan-Aug China vehicle sales total 2.4 million, +8.1 percent y/y, versus +2.3 percent a year ago.  Full Article

General Motors says total U.S. sales in August were down about 5 pct Y-O-Y to 256,429 vehicles
Thursday, 1 Sep 2016 09:36am EDT 

General Motors : Total U.S. sales in August were down about 5 percent year over year to 256,429 vehicles . Estimates that seasonally adjusted annual selling rate for light vehicles in August was approximately 17.2 million units . On a calendar year-to-date basis, GM estimates the light-vehicle SAAR was 17.3 million units Further company coverage: [GM.N] ((Bangalore.newsroom@thomsonreuters.com ;)).  Full Article

Photo

U.S. letter reveals details of GM self-driving vehicle system

WASHINGTON General Motors Co's semi-autonomous "Super Cruise" system will allow drivers to take their hands off the steering wheel for extended periods, but will stop the vehicle automatically if drivers are not attentive, according to a government letter made public on Monday.