News Breaks |
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| December 16, 2012 |
| 17:56 EDT |  | GM, PEUGY | GM and Peugeot talks are on track, Reuters says
Negotiations between General Motors' (GM) Opel unit and France's PSA Peugeot Citroen (PEUGY) on joint vehicle development are moving along, says Reuters, citing comments from Opel's interim chief executive to a newspaper. Reference Link |
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News For GM;PEUGY From The Last 14 Days Check below for free stories on GM;PEUGY the last two weeks. |
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| June 10, 2013 |
| 19:58 EDT | | GM | General Motors gets Spyker suit thrown out, Bloomberg says
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| 13:00 EDT | | GM | Pickup price gains outpacing industry, Automotive News says
The average price for full-size pickups has jumped by 8% since 2005, after adjusting for inflation, Edmunds.com found, according to Automotive News. The price increase for pickups since 2005 is more than double the overall price increase for autos, Edmunds.com reported, Automotive News added. Reference Link |
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| 07:10 EDT |  | GM | Electric Drive Transportation Association to host annual meeting
2013 EDTA Conference & Annual Meeting is being held in Washington, D.C. on June 10-12. |
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| June 9, 2013 |
| 20:53 EDT | | GM | GM China JV to recall almost 208,000 cars, WSJ says
On June 15, Shanghai General Motors will begin recalling almost 208,000 Buick LaCrosse cars built in China because of possible brake-fluid leaks, says the Wall Street Journal, citing China's quality control agency . Shanghai General Motors is a joint venture between General Motors and Shanghai's SAIC Motor Corp, added the Journal. Reference Link |
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| June 7, 2013 |
| 14:39 EDT |  | GM | Shares poised to finish week higher as jobs report reassures investors
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| 13:24 EDT | | GM | GM production change leads to strike threat, Reuters reports
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| 07:52 EDT | | GM | Indonesia approves tax breaks on low-emission cars, Bloomberg says
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| 07:10 EDT | | PEUGY | European auto industry worried about China trade duties, Reuters reports
The European auto industry (VLKAY, DDAIF, PEUGY) is concerned China could impose retaliatory trade duties on luxury cars imported from the EU, should the EU Commission not back down over unfair trade practices in China, reports Reuters. Reference Link |
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| 06:30 EDT |  | GM | Treasury receives $1.03B for sale of 30M GM shares at $34.41
The Treasury department announced last night that it has agreed to sell 30M shares of General Motors common stock at $34.41 per share in an underwritten public offering in conjunction with GM's inclusion in the S&P 500 index. The aggregate proceeds to Treasury from the common stock offering are expected to total approximately $1.03B. The UAW Retiree Medical Benefits Trust has also agreed to sell 20MM shares in the offering, making the total offering size 50M shares. Aggregate proceeds to VEBA from the common stock offering are expected to total approximately $688M. After giving effect to this offering, Treasury will own approximately 189.2M shares of GM common stock. At the conclusion of this sale, the taxpayers will have recovered $32.53B of the initial GM investment, Treasury added. |
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| 06:14 EDT | | GM | General Motors 50M share Secondary priced at $34.41
Citigroup, JPMorgan and Morgan Stanley acted as joint book running managers for the offering. |
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| 06:10 EDT | | PEUGY | On the Fly: Periodicals Wrap-Up
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| June 6, 2013 |
| 14:53 EDT |  | GM | General Motors says will continue to consider ways to return capital to holders
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| 13:15 EDT | | GM | GM to provide free maintenance for many vehicles, Automotive News says
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| 08:22 EDT | | PEUGY | Daimler, BMW to skip summer production breaks, Bloomberg reports
Daimler (DDAIF) will not take its traditional summer breaks at most of its car factories with models like the revamped Mercedes-Benz E-Class keeping assembly lines busy even as European auto demand falls to a 20-year low, reports Bloomberg. BMW is also either preparing for new models or keeping plants churning out cars to meet demand. This contrasts with factory shutdowns and job cuts at such as PSA Peugeot Citroen (PEUGY) and Ford (F). Reference Link |
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| June 5, 2013 |
| 16:26 EDT | | GM | On The Fly: Closing Wrap
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| 12:32 EDT | | GM | On The Fly: Midday Wrap
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| 10:57 EDT | | GM | Ford, GM China sales increased in May, Automotive News says
Ford's (F) sales in China jumped 45% year-over-year last month, according to Automotive News. GM (GM) and its Chinese joint ventures saw their sales increase 9% in the Asian country last month, the website added. Reference Link |
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| 08:17 EDT | | GM | Treasury to sell 30M shares of GM with index inclusion
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| 08:05 EDT |  | GM | General Motors volatility flat into U.S. Treasury saying it will sell 30M shares
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| 08:03 EDT | | GM | Treasury announces plans to sell 30M shares of General Motors
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