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News Breaks | | | | January 31, 2013 | | 08:22 EDT |  | GM, VLKAY | General Motors confirms Karl-Thomas Neumann as Opel chief
The Opel (GM) Supervisory Board has named Dr. Karl-Thomas Neumann Chairman of the Management Board of Adam Opel AG, effective March 1, 2013. In addition, GM appointed Dr. Neumann president of GM Europe and GM vice president. He will become a member of GM's Executive Committee and is expected to play a key role in the global leadership of GM. Dr. Neumann joins Opel/Vauxhall from Volkswagen AG (VLKAY), where he held the positions of CEO and vice president of Volkswagen Group China, and was located in Beijing from September 2010 to August 2012. | |
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News For GM;VLKAY From The Last 14 Days Check below for free stories on GM;VLKAY the last two weeks. |
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| May 20, 2013 | | 15:11 EDT |  | GM | GM marketing push set for new pickups, Reuters says
 Subscribe for More Information | | | 08:59 EDT |  | GM | General Motors price target raised to $43 from $34 at Argus
Subscribe for More Information | | | 06:01 EDT | | VLKAY, GM | Imported car prices in China decline, Bloomberg reports
Subscribe for More Information | | | May 17, 2013 | | 10:17 EDT | | GM | GM jumps above IPO level after CLSA boosts rating
Shares of GM (GM) are advancing after CLSA analyst Emmanuel Rosner upgraded the stock to Buy from Underperform in a note to investors earlier today. WHAT'S NEW: GM should benefit from improved profitability in North America in the second half of 2013 and 2014, reduced losses in Europe, and stabilized profit margins in China, Rosner wrote. In North America, the automaker's profitability should be boosted by higher prices in the second half of this year, and by the full rollout of its K2XX trucks in 2014, the analyst believes. GM's first quarter results in Europe indicated that it is "making encouraging progress in reducing losses" there, the analyst wrote. As a result, he has increased confidence that GM Europe's loss will drop to about $1B this year from $1.9B last year. In China, GM's emphasis on the Cadillac should enable the company to keep its margins, which had been in a downward trend, from falling this year, the analyst contended. Rosner has a $48 price target on GM's stock. TODAY'S PRICE ACTION: In early trading, GM rose 60c, or 1.9%, to $33. WHAT'S NOTABLE: GM's IPO price was $33, and the stock has reached that level again today. | | | 10:07 EDT |  | GM | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 07:39 EDT | | VLKAY | EU auto sales move into posiitve teritory, FT reports
Auto sales in the European Union in April ended an 18-month losing streak, as hopes are raised that the market’s decline in the continent had finally begun to slow, reports the Financial Times. New registrations in the EU were up 1.7% compared with the same month a year ago, helped by gains in the German and U.K. markets, Europe’s largest by sales.Reference Link | | | 05:39 EDT | | GM | General Motors upgraded to Buy from Underperform at CLSA
Subscribe for More Information | | | May 16, 2013 | | 05:55 EDT | | GM | Pickup truck sales are booming, WSJ reports
Pickup truck buyers are no longer on the sidelines as they return to dealer showrooms, offering millions of dollars in profit and potentially lifelong brand loyalty to Ford (F), GM (GM) or Chrysler Group (FIATY) and rivals, reports the Wall Street Journal. Sales of large pickups are up 20% for the first four months of this year compared with a year ago, bigger gains than in small cars or midsize cars, according to Autodata CorpReference Link | | | May 14, 2013 | | 13:38 EDT | | VLKAY, GM | Ford, GM get high marks in consumer survey, Automotive News says
Subscribe for More Information | | | 10:32 EDT | | GM | GM to source small cargo vehicle from Nissan for U.S., Canada markets
Subscribe for More Information | | | | 07:00 EDT | | GM | GM to spend $258M on new proving ground data center, Detroit News says
Subscribe for More Information | | | 06:12 EDT | | VLKAY, GM | Audi sales growth surges in China, Bloomberg reports
Subscribe for More Information | | | May 13, 2013 | | 06:54 EDT | | GM | NHTSA opens preliminary investigation into over 100K Corvettes, Detroit News says
A reports from early Saturday morning explained that the National Highway Traffic Safety Administration, or NHTSA, has opened a preliminary investigation regarding faulty headlights on about 103K 2005-2007 Chevrolet Corvettes, reports Detroit News. Reference Link | | | 06:40 EDT | | GM | General Motors invests $200M to update NY, NJ, CA dealerships, Detroit News says
Subscribe for More Information | | | May 11, 2013 | | 13:13 EDT | | VLKAY, GM | Western car makers losing ground in India, WSJ says
Subscribe for More Information | | | May 9, 2013 | | 07:47 EDT | | VLKAY | Volkswagen recalls 91.000 cars in Japan, Reuters reports
Subscribe for More Information | | | 06:09 EDT | | GM, VLKAY | China passenger vehicle sales rose 13% in April, Bloomberg reports
In China, passenger vehicle sales jumped 13% in April as demand rose for new models, reports Bloomberg. Wholesale deliveries of cars, multipurpose and SUVs increased to 1.44M units, according to the state-backed China Association of Automobile Manufacturers.Reference Link | | | 05:59 EDT | | GM | GM: Most Silverado truck sales this year will be older model, Bloombeg reports
Subscribe for More Information | | | May 7, 2013 | | 08:40 EDT | | GM | GM to build a $1.3B Cadillac plant in China, WSJ reports
Subscribe for More Information | | | 08:01 EDT | | GM | GM to invest $16B in U.S. by 2016, Bloomberg reports
GM plans to invest about $16B on U.S. factories and facilities through 2016, reports Bloomberg. That's more than it will spend in China, the company said. Reference Link | | |
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