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United States

General Motors Co (GM.N)

GM.N on New York Stock Exchange

36.41USD
20 Jul 2017
Change (% chg)

$-0.06 (-0.16%)
Prev Close
$36.47
Open
$36.50
Day's High
$36.63
Day's Low
$36.29
Volume
2,572,248
Avg. Vol
3,495,106
52-wk High
$38.55
52-wk Low
$29.83

Latest Key Developments (Source: Significant Developments)

Peugeot says acquisition of Opel Vauxhall Automotive Business approved by EU Antitrust Authorities
Wednesday, 5 Jul 2017 11:36am EDT 

July 5 (Reuters) - Peugeot Sa ::The proposed acquisition of Opel Vauxhall Automotive Business by Groupe PSA is approved by EU antitrust authorities.Acquisition of GM's European Financial operations is also subject to EU antitrust authority's review & decision is expected in second half this year.  Full Article

General Motors June China vehicle sales +4.3 percent y/y
Wednesday, 5 Jul 2017 01:06am EDT 

July 5 (Reuters) - General Motors Co says::June China vehicle sales total 285,191 units, +4.3 percent y/y, versus -0.3 percent in May.Jan-June China vehicle sales total 1,765,828 units, -2.5 percent y/y, versus +5.3 percent year ago.  Full Article

General Motors reported June U.S. retail sales of 202,908 vehicles, down about 3 pct from same period last year
Monday, 3 Jul 2017 09:30am EDT 

July 3 (Reuters) - General Motors Co :General Motors Co - Reported June U.S. retail sales of 202,908 vehicles, down about 3 percent from same period last year.General Motors Co - ‍GM's June total sales were 243,155 vehicles, down about 5 percent from same period last year.​.General Motors Co - ‍"Under current economic conditions, we anticipate U.S. retail vehicle sales will remain strong for foreseeable future."​.General Motors - "U.S. total sales are moderating due to an industry-wide pull-back in daily rental sales, but key U.S. economic fundamentals clearly remain positive".General Motors Co - From an industry standpoint, GM expects second half of 2017 will be stronger than first half.General Motors -‍ Anticipate co will end 2017 with about same day supply of vehicles as co did at end of 2016 with fewer cars, more trucks, crossovers in mix​.General Motors Co - Pickup and utility sales are expected to be stronger in second half of year.  Full Article

-GM settles part of litigation over defective ignition switches
Friday, 23 Jun 2017 01:46pm EDT 

June 23 (Reuters) - * 23-Jun-2017 01:56:10 PM - GENERAL MOTORS REACHES CONFIDENTIAL SETTLEMENT WITH 203 PLAINTIFFS IN IGNITION SWITCH LITIGATION -- COURT FILING * 23-Jun-2017 01:57:02 PM - LAWYERS FOR GM SAY SETTLEMENT COULD RESOLVE HUNDREDS OF STATE COURT CLAIMS AS WELL -- COURT FILING :.  Full Article

General Motors Financial says sees disposal loss of up to $700 mln related to Peugeot S.A. deal
Wednesday, 21 Jun 2017 01:14pm EDT 

June 21 (Reuters) - General Motors Financial Company Inc::Sees disposal loss of up to $700 million related to Peugeot S.A. deal based on current foreign currency exchange rates-SEC filing.  Full Article

GM says Maven Gig expanding initial offering in San Diego to include San Francisco
Tuesday, 20 Jun 2017 12:17pm EDT 

June 20 (Reuters) - General Motors Co ::Maven Gig is expanding initial offering in san diego to now include San Francisco; service will launch in Los Angeles later this year.Additional vehicles, including chevrolet cruze ($189/week+taxes),malibu ($199/week+taxes),trax ($209/week+taxes) can be reserved in san francisco.Maven Gig members can reserve a chevrolet bolt ev for $229 per week plus taxes.  Full Article

GM plans to open new supplier park at its Arlington assembly
Friday, 16 Jun 2017 01:04pm EDT 

June 16 (Reuters) - General Motors Co ::General Motors says plans to open a new supplier park to support future vehicle production at its Arlington assembly.New park expected to house up to 1,250 employees, including bringing more than 850 new jobs to Arlington, Texas.Park is expected to be operational in 2018.  Full Article

General Motors says May total sales were 237,364 vehicles, down about 1 pct
Thursday, 1 Jun 2017 10:12am EDT 

June 1 (Reuters) - General Motors Co :Says May U.S. retail sales of 191,388 vehicles, up slightly from last year.Says May total sales were 237,364 vehicles, down about 1 percent from last year.Says "U.S. economic fundamentals remain strong" with a retail SAAR of 14.2 million through May, equal to last year's pace.Says remain on track to achieve year-end guidance for U.S. vehicle inventory levels.Says anticipate will end 2017 with about same day supply of vehicles as we did at end of 2016.Says launch-related downtime in the second half of year will cut nearly 100,000 units from inventory.  Full Article

GM calls lawsuit's claims over diesel truck emissions baseless
Thursday, 25 May 2017 12:27pm EDT 

May 25 (Reuters) - GM SAYS ITS SILVERADO, SIERRA DIESEL TRUCK EMISSIONS ALREADY COMPLY WITH U.S. EPA AS WELL AS CALIFORNIA EMISSIONS STANDARDS:.  Full Article

General Motors on class action lawsuit says "claims are baseless and we will vigorously defend ourselves"- CNBC
Thursday, 25 May 2017 12:27pm EDT 

May 25 (Reuters) - :General Motors on class action lawsuit says "claims are baseless and we will vigorously defend ourselves"- CNBC.  Full Article

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UAW talking to GM about impact of car sales slump on U.S. jobs

The president of the United Auto Workers union said on Thursday the union is talking with General Motors Co about the potential threat to plants and jobs from slumping U.S. car sales.