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General Motors Co (GM.N)

GM.N on New York Stock Exchange

32.60USD
25 May 2017
Change (% chg)

$-0.60 (-1.81%)
Prev Close
$33.20
Open
$33.20
Day's High
$33.47
Day's Low
$31.93
Volume
5,730,863
Avg. Vol
3,669,201
52-wk High
$38.55
52-wk Low
$27.34

Latest Key Developments (Source: Significant Developments)

GM calls lawsuit's claims over diesel truck emissions baseless
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
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

Lawsuit accuses GM of using 'defeat devices' in diesel trucks
11:10am EDT 

May 25 (Reuters) - LAWSUIT SAYS EMISSIONS TESTING HAS REVEALED THAT SILVERADO, SIERRA MODELS' EMISSIONS ARE HIGHER THAN FEDERAL REGULATORS PERMIT:.  Full Article

General Motors to begin talks on transition plan after decision to stop car sales in India
Wednesday, 24 May 2017 06:00am EDT 

May 24 (Reuters) - General Motors Co :Says to begin talks with dealers on a transition plan this week after co decided to stop sales of cars in India.Says working with dealers to "recognize some of the investments made in dealerships".  Full Article

Maven says to expand New York city operations
Monday, 15 May 2017 07:00am EDT 

May 15 (Reuters) - General Motors Co :Maven expands New York city operations.  Full Article

Greenlight Capital sends letter to GM's shareholders
Thursday, 4 May 2017 09:00am EDT 

May 4 (Reuters) - General Motors Co ::Greenlight Capital sends letter to general motors’ shareholders.Greenlight Capital - urges shareholders to vote for greenlight’s three director nominees and for proposal to split GM common stock into two classes.Greenlight Capital - "while a higher stock price will not cause GM to sell more cars today, it may be essential to GM's ability to compete in future".  Full Article

GM's China sales in April down 1.9 pct y/y
Thursday, 4 May 2017 02:26am EDT 

May 4 (Reuters) - General Motors Co says::China sales in April totalled 272,770 vehicles, down 1.9 percent from a year earlier.China sales during the first four months of this year totalled 1,186,212 vehicles, down 4.5 percent from a year-ago period, according to Reuters' calculation.  Full Article

Mastercard announced expansion of long-standing relationship with General Motors
Tuesday, 2 May 2017 01:00pm EDT 

May 2 (Reuters) - Mastercard Inc :Mastercard Inc says announced a expansion of its long-standing relationship with General Motors.  Full Article

General Motors says April U.S. retail sales fell 5.8 pct to 244,406 vehicles
Tuesday, 2 May 2017 11:26am EDT 

May 2 (Reuters) - General Motors Co ::April U.S. retail sales of 244,406 vehicles, down 5.8 percent on a volume basis.Expects to end 2017 at essentially same inventory levels as 2016 on a days’ supply basis, but with fewer cars, more trucks & crossovers in stock.  Full Article

GM announces deconsolidation of its business in Venezuela, effective as of May 1
Tuesday, 2 May 2017 09:16am EDT 

May 2 (Reuters) - General Motors Co : :GM says announced the deconsolidation of its business in Venezuela, effective as of May 1, 2017.Deconsolidation follows the unexpected seizure of GM's Venezuelan plant on April 18 by judicial authorities.Deconsolidation of Venezuelan business is expected to result in a charge of up to approximately $100 million.All former employees have since been paid separation benefits as legally required.Seizure of GM's Venezuelan plant forced co to "cease operations and terminate employment relationships due to causes beyond parties' will".Executives expressed willingness to talk with government officials, union leaders about possiblity to start production, employ some workers with new business model.  Full Article

More From Around the Web

GM is accused in lawsuit of cheating on diesel truck emissions

General Motors Co was accused in a lawsuit on Thursday of rigging hundreds of thousands of diesel trucks with devices similar to those used by Volkswagen AG , to ensure they pass emissions tests.