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General Motors Co (GM.N)

GM.N on New York Stock Exchange

34.64USD
28 Apr 2017
Change (% chg)

$0.10 (+0.29%)
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$34.54
Open
$35.07
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$34.42
Volume
4,410,508
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Latest Key Developments (Source: Significant Developments)

GM says aware of one putative class action pending against Co in U.S. court through April 17
Friday, 28 Apr 2017 11:56am EDT 

April 28 (Reuters) - GM::Through April 17, aware of one putative class action pending against company in U.S. court based on allegations of defective Takata airbag inflators - SEC filing.Through April 17, aware of one putative class action against company in Mexico, 7 putative class actions pending in various provincial courts in Canada.New Mexico Attorney General has initiated litigation against Takata and numerous automotive manufacturers, including GM.  Full Article

General Motors Co reports Q1 earnings per share $1.70
Friday, 28 Apr 2017 07:31am EDT 

April 28 (Reuters) - General Motors Co :Q1 earnings per share $1.70; Q1 adjusted earnings per share $1.70; Q1 revenue $41.2 billion, up 10.6 percent.Q1 earnings per share view $1.48, revenue view $40.75 billion -- Thomson Reuters I/B/E/S.Q1 worldwide retail vehicle sales of 2.34 million units versus 2.38 million units sold last year.Says Q1 GM North America net income $3.42 billion versus $2.30 billion.Q1 GM International Operations net profit $319 million versus $379 million.Q1 GM financial net revenue $2.9 billion, up 38.7 percent.Sees fy 2017 adjusted earnings per share $6.00 - $6.50; sees FY 2017 earnings per share $3.06 - $3.56.FY2017 earnings per share view $5.95 -- Thomson Reuters I/B/E/S.Q1 GM Europe net loss $201 million versus net loss of $6 million last year.For FY 2017, expect improved total net sales and revenue, ebit-adjusted, ebit-adjusted margins that equal or exceed corresponding amounts in 2016.  Full Article

General Motors sets quarterly dividend of $0.38 per share
Thursday, 27 Apr 2017 02:44pm EDT 

April 27 (Reuters) - General Motors Co ::GM declares dividend.Sets quarterly dividend of $0.38 per share.  Full Article

Greenlight Capital seeking General Motors shareholders' support to elect Greenlight's three director nominees
Friday, 21 Apr 2017 06:38am EDT 

April 21 (Reuters) - General Motors Co :Greenlight Capital - Seeking GM shareholders' support to elect Greenlight's three director nominees Leo Hindery, Vinit Sethi and William Thorndike.  Full Article

General Motors says immediate cessation of operations in Venezuela
Wednesday, 19 Apr 2017 09:24pm EDT 

April 19 (Reuters) - General Motors Venezolana -:Announces immediate cessation of operations in venezuela.Says will pay separation benefits to the workers according to venezuelan law.Says will continue to provide aftermarket service and parts for its customers in the venezuelan market.  Full Article

General Motors says immediate cessation of operations in Venezuela
Wednesday, 19 Apr 2017 09:09pm EDT 

April 19 (Reuters) - General Motors Venezolana ::Announces immediate cessation of operations in venezuela.Will pay separation benefits to the workers according to Venezuelan law.Says will continue to provide aftermarket service and parts for its customers in the Venezuelan market.Strongly rejects arbitrary measures taken by authorities, will vigorously take all legal actions, within and outside of Venezuela, to defend its rights.  Full Article

General Motors says will add more than 1,100 new jobs
Thursday, 13 Apr 2017 05:35pm EDT 

General Motors Co :General motors says will add more than 1,100 new jobs, invest $14 million in new research and development facility for cruise automation in San Francisco.  Full Article

California Governor’s Office of Business and Economic Development to offer GM $8 million tax credit
Wednesday, 12 Apr 2017 01:23pm EDT 

California Governor’s Office of Business and Economic Development : Offering General Motors $8 million tax credit to bolster GM's Cruise by adding 1,163 jobs Further company coverage: [GM.N] ((Bangalore.newsroom@thomsonreuters.com ;)).  Full Article

GM says March China vehicle sales +16 pct y/y
Friday, 7 Apr 2017 01:39am EDT 

General Motors Co says: March China vehicle sales total 345,448, +16 percent y/y, vs +0.4 pct y/y in Feb .Jan-March China vehicle sales total 913,442, -5.2 percent y/y, vs +0.2 pct y/y same period year ago.  Full Article

GM's Maven brand expands offerings in Baltimore
Wednesday, 5 Apr 2017 03:02pm EDT 

General Motors Co :Says its Maven brand is expanding offerings in Baltimore from Lyft Express Drive program to now include Maven City car sharing.  Full Article

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Tesla recruiting engineers in Mexico for California plant

SAN FRANCISCO Tesla Inc is recruiting engineers from Mexico to work on robotics and other automated equipment at its California factory, according to LinkedIn postings viewed by Reuters, part of a hiring push to ready the plant for mass production of the upcoming Model 3.