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General Motors Co (GM.N)

GM.N on New York Stock Exchange

38.51USD
22 May 2018
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$0.42 (+1.10%)
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Latest Key Developments (Source: Significant Developments)

General Motors Says CEO Mary Barra's Total 2017 Compensation Was $21.96 Mln
Friday, 27 Apr 2018 01:12pm EDT 

April 27 (Reuters) - General Motors Co ::GENERAL MOTORS CO SAYS CEO MARY BARRA'S TOTAL 2017 COMPENSATION WAS $21.96 MILLION VERSUS $22.58 MILLION IN 2016.GENERAL MOTORS SAYS CFO CHARLES STEVENS' TOTAL COMPENSATION FOR 2017 WAS $7.1 MILLION VERSUS $7.6 MILLION IN 2016 - SEC FILING.GENERAL MOTORS SAYS PRESIDENT DANIEL AMMANN'S TOTAL COMPENSATION FOR 2017 WAS $9.3 MILLION VERSUS $10.2 MILLION IN 2016 - SEC FILING.  Full Article

GM Financial Reports Qtrly Net Income Of $369 Mln
Thursday, 26 Apr 2018 07:33am EDT 

April 26 (Reuters) - GENERAL MOTORS FINANCIAL COMPANY::GM FINANCIAL REPORTS MARCH QUARTER 2018 OPERATING RESULTS.GENERAL MOTORS FINANCIAL CO - NET INCOME OF $369 MILLION FOR QUARTER ENDED MARCH 31, 2018, COMPARED TO $202 MILLION.GM FINANCIAL - QTRLY RETAIL LOAN ORIGINATIONS $5.1 BILLION VERSUS $5.6 BILLION.GM FINANCIAL - ANNUALIZED NET CHARGE-OFFS WERE 2.1 PERCENT OF AVERAGE RETAIL FINANCE RECEIVABLES FOR QUARTER VERSUS 2.3 PERCENT.  Full Article

GM Q1 Adj. EPS From Cont. Ops $1.43
Thursday, 26 Apr 2018 07:06am EDT 

April 26 (Reuters) - General Motors Co ::QTRLY EARNINGS PER SHARE FROM CONTINUING OPERATIONS $0.77; QTRLY ADJUSTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS $1.43; QTRLY GAAP NET REVENUE $36.1 BILLION, DOWN 3.1 PERCENT.Q1 EARNINGS PER SHARE VIEW $1.24, REVENUE VIEW $34.66 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 EARNINGS PER SHARE $5.52 - $5.82; SEES 2018 ADJUSTED EARNINGS PER SHARE $6.30 - $6.60.FY2018 EARNINGS PER SHARE VIEW $6.32 --THOMSON REUTERS I/B/E/S.QTRLY WORLDWIDE RETAIL SALES OF 2.1 MILLION VEHICLES VERSUS 2.3 MILLION VEHICLES.CONTINUES TO EXPECT 2018 CORE ADJUSTED. AUTOMOTIVE FREE CASH FLOW TO BE IN LINE WITH 2017 RESULTS.DUE TO KOREA RESTRUCTURING PLAN, RECORDED PRE-TAX CHARGES OF $942 MILLION IN Q1, INCLUDING $464 MILLION IN NON-CASH ASSET IMPAIRMENTS.GM KOREA EXPECTS TO REALIZE $400 MILLION - $500 MILLION IN ANNUAL COST REDUCTIONS THROUGH PLANT CLOSURE, LABOR & OTHER EFFICIENCIES.DUE TO KOREA RESTRUCTURING PLAN, EXPECT TO INCUR ABOUT $0.1 BILLION OF ADDITIONAL SEPARATION CHARGES IN Q2.DUE TO KOREA RESTRUCTURING PLAN, EXPECT $0.8 BILLION IN CASH PAYMENTS RELATED TO EMPLOYEE SEPARATIONS, STATUTORY PENSION PAYMENTS PRIMARILY IN Q2.KOREAN DEVELOPMENT BANK HAS AGREED TO PROVIDE $750 MILLION OF FUNDING FOR FUTURE INVESTMENTS.  Full Article

GM Says Named Elaine Buckberg As Chief Economist
Thursday, 5 Apr 2018 11:08am EDT 

April 5 (Reuters) - General Motors Co ::GENERAL MOTORS SAYS ELAINE BUCKBERG WAS NAMED AS CHIEF ECONOMIST, EFFECTIVE APRIL 1.GENERAL MOTORS SAYS MUSTAFA MOHATAREM, CURRENT CHIEF ECONOMIST, WILL REMAIN ACTIVE IN THE ROLE UNTIL HIS RETIREMENT LATER THIS YEAR.  Full Article

General Motors Says GM’S U.S. Retail Sales In March Were Up 14% Y-O-Y
Tuesday, 3 Apr 2018 09:35am EDT 

April 3 (Reuters) - General Motors Co ::GENERAL MOTORS SAYS GM’S U.S. RETAIL SALES IN MARCH WERE UP 14 PERCENT YEAR OVER YEAR.  Full Article

‍Fleet Complete To Work With GM To Bring Scalable IoT Solutions To Commercial Fleets​
Tuesday, 3 Apr 2018 06:00am EDT 

April 3 (Reuters) - Fleet Complete::Fleet Complete - WILL WORK WITH GENERAL MOTORS TO BRING SCALABLE IOT SOLUTIONS TO COMMERCIAL FLEETS AND SMALL BUSINESSES WITH ONSTAR​.  Full Article

GM Names John Roth As President & Managing Director Of Africa & Middle East Operations
Monday, 19 Mar 2018 10:44am EDT 

March 19 (Reuters) - General Motors Co ::GM ANNOUNCES EXECUTIVE MOVES IN CANADA AND MIDDLE EAST.GENERAL MOTORS CO - MARIO SPANGENBERG, CURRENTLY PRESIDENT AND MANAGING DIRECTOR OF GM AFRICA AND MIDDLE EAST OPERATIONS, HAS ELECTED TO RETIRE JULY 1.GENERAL MOTORS CO - JOHN ROTH, NAMED PRESIDENT AND MANAGING DIRECTOR OF GM AFRICA AND MIDDLE EAST OPERATIONS, EFFECTIVE JUNE 1‍​.‍GM SAYS SCOTT BELL, CURRENTLY DIRECTOR OF SALES OPERATIONS FOR CHEVROLET IN THE U.S., HAS BEEN NAMED VP, GM CANADA MARKETING, SALES AND SERVICE​.  Full Article

GM Announces Production Plans For Self-Driving Vehicle Manufacturing In Michigan‍​
Thursday, 15 Mar 2018 11:15am EDT 

March 15 (Reuters) - General Motors Co ::TO BUILD PRODUCTION VERSIONS OF CRUISE AV AT ORION TOWNSHIP ASSEMBLY PLANT IN MICHIGAN.ROOF MODULES FOR GM’S SELF-DRIVING VEHICLES WILL BE ASSEMBLED AT ITS BROWNSTOWN PLANT‍​.SAYS WILL INVEST MORE THAN $100 MILLION TO UPGRADE BOTH FACILITIES.PLANS TO COMMERCIALIZE CRUISE AV IN 2019‍​.ROOF MODULE PRODUCTION HAS BEGUN; PRODUCTION OF FOURTH GENERATION CRUISE AV EXPECTED TO BEGIN IN 2019.ORION PLANT WILL CONTINUE TO BUILD CHEVROLET BOLT EV AND SONIC AS WELL AS CRUISE AV‍​.  Full Article

GM Names Kimberly Brycz SVP, Global Human Resources
Monday, 12 Mar 2018 03:36pm EDT 

March 12 (Reuters) - General Motors Co ::GM NAMES KIMBERLY BRYCZ SVP, GLOBAL HUMAN RESOURCES; BRYCZ SUCCEEDS JOSE TOMAS.  Full Article

GM To Increase Production Of Chevrolet Bolt EV
Wednesday, 7 Mar 2018 02:34pm EST 

March 7 (Reuters) - General Motors Co ::GM SAYS TO INCREASE PRODUCTION OF CHEVROLET BOLT EV.  Full Article

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NAFTA math may not add up to more U.S. auto jobs

DETROIT Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in where automakers build cars and trucks.