Edition:
United States

General Motors Co (GM.N)

GM.N on New York Stock Exchange

45.47USD
10:43am EDT
Change (% chg)

$-0.14 (-0.30%)
Prev Close
$45.61
Open
$45.54
Day's High
$45.81
Day's Low
$45.42
Volume
490,242
Avg. Vol
3,208,566
52-wk High
$46.11
52-wk Low
$30.22

Latest Key Developments (Source: Significant Developments)

GM, Cruise Automation to apply for testing fully autonomous vehicles in NY state
Tuesday, 17 Oct 2017 10:07am EDT 

Oct 17 (Reuters) - New York Governor Andrew Cuomo::GM, Cruise Automation applying for first sustained testing of vehicles in fully autonomous mode in NY state in early 2018‍​.  Full Article

GM says to buy LIDAR-tech firm Strobe
Monday, 9 Oct 2017 09:38am EDT 

Oct 9 (Reuters) - General Motors Co ::GM announces acquisition of lidar technology company Strobe Inc.GM says as part of deal, Strobe's engineering team to join GM’s cruise automation team to develop lidar solutions for self-driving vehicles‍​.  Full Article

General Motors posts 12 pct YOY rise in total U.S. Sales in September
Tuesday, 3 Oct 2017 09:25am EDT 

Oct 3 (Reuters) - General Motors Co :General Motors Co - ‍reported a 12 percent year-over-year increase in total U.S. Sales in September to 279,397 units​.General Motors Co - ‍"GM remains committed to decrease daily rental sales by 50,000 units in 2017​".General Motors Co - ‍"with U.S. Economy strengthening, retail sales should remain strong for foreseeable future"​.General Motors Co says "‍regions devastated by recent hurricanes will continue to recover, helping spur new and used vehicle sales"​.General Motors Co - Co's inventory target is unchanged, which is to end year with stocks at or below last year's level of about 850,000 vehicles​.  Full Article

Starwood Energy and General Motors sign long-term agreement for renewable energy
Tuesday, 19 Sep 2017 10:00am EDT 

Sept 19 (Reuters) - Starwood Energy Group Global LLC : :Starwood Energy and General Motors sign a long-term agreement for renewable energy.Says General Motors will buy all of clean energy generated by Northwest Ohio Wind Project.Says project is scheduled to be completed in 2018.  Full Article

GM Canada says were not able to complete agreement with Unifor
Monday, 18 Sep 2017 01:52am EDT 

Sept 18 (Reuters) - General Motors Co :General Motors says were not able to complete agreement with Unifor; encourage Unifor to resume negotiations, continue working together to secure agreement.  Full Article

Unifor says GM Ontario plant workers have taken strike action
Monday, 18 Sep 2017 01:42am EDT 

Sept 18 (Reuters) - :Unifor says members of Unifor local 88 at CAMI automotive in Ingersoll have taken strike action after company failed to address a key job security issue.  Full Article

GM says U.S. August sales up 7.5 pct to 275,552 vehicles
Friday, 1 Sep 2017 09:30am EDT 

Sept 1 (Reuters) - General Motors Co : :GM's U.S. August sales up 7.5 percent.General Motors Co - ‍U.S. August deliveries of 275,552 vehicles, up 7.5 percent from a year ago​.General Motors Co - Remains on track to decrease daily rental sales by 50,000 units in 2017.General Motors Co - "With U.S. Economy strengthening, we anticipate retail sales will be strong for foreseeable future".General Motors Co - "‍Hurricane Harvey did have an adverse effect on deliveries during last week of August for every automaker"​.General Motors Co - On track to meet its inventory target, which is to end year with stocks at or below last year's level of about 850,000 vehicles​.  Full Article

GM's Chairman & CEO Mary T. Barra elected to The Walt Disney's board
Thursday, 24 Aug 2017 02:00pm EDT 

Aug 24 (Reuters) - Walt Disney Co ::Mary t. Barra, General Motors Co Chairman & CEO, elected to The Walt Disney Company board of directors.‍Barra's election brings disney's total board membership to 12​.Elected Mary Barra as a director effective immediately​.  Full Article

GM announces voluntary delisting from Toronto Stock Exchange‍​
Wednesday, 16 Aug 2017 11:21am EDT 

Aug 16 (Reuters) - General Motors Co ::GM announces voluntary delisting from Toronto Stock Exchange‍​.After delisting from the TSX, the company’s common stock will continue to trade on the NYSE under the symbol GM‍​.Says "company believes that the costs associated with maintaining a dual listing are no longer justified"‍​.Effective at the close of markets on Nov. 30, 2017 the company’s shares will no longer be traded on the TSX‍​.Given relatively low trading volume of company's shares on TSX, company believes costs associated with maintaining a dual listing are no longer justified‍​.  Full Article

GM recalling roughly 800,000 pickups for steering defect - AP
Friday, 4 Aug 2017 06:12pm EDT 

Aug 4 (Reuters) - :GM recalling roughly 800,000 pickups for steering defect - ap.Recall includes roughly 800,000 Chevrolet Silverado 1500 and GMC Sierra 1500 pickup trucks worldwide - AP.  Full Article

PSA chief signals possible cost cuts at Opel unit - Die Welt

FRANKFURT, Oct 20 PSA Group Chief Executive Carlos Tavares has signalled possible cost cuts at its Opel unit, noting in a newspaper interview that production costs were at least 50 percent higher than at the company's French factories.