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December 19, 2012
14:52 EDTGMCanada weighs selling more GM shares, Globe and Mail says
Canada will consider selling more of its GM (GM) shares, the country's finance minister said, according to The Globe and Mail. Reference Link
News For GM From The Last 14 Days
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December 1, 2015
09:32 EDTGMGM sees U.S. auto sales continuing to grow in 2016
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09:32 EDTGMGM reports November U.S. sales up 2% to 229,296 vehicles
General Motors' Chevrolet, Buick, GMC and Cadillac brands sold 229,296 vehicles in the United States in November 2015, up 2 percent year over year, with two fewer selling days and sales incentives below the industry average. On a selling-day-adjusted basis, GM's total sales were up 10 percent. Sales of Chevrolet trucks rose 10 percent for the 20th consecutive monthly increase. Chevrolet crossovers were up 35 percent for the 12th consecutive monthly increase. GM's retail sales were up 4 percent year over year. Adjusted for selling days, GM retail sales were up 14 percent. GM gained an estimated 1.0 points of retail market share to reach 16.5 percent during the month for the company's eighth consecutive year-over-year increase. The seasonally adjusted annual selling rate for light vehicles was an estimated 18.2 million units in November. The six-month moving average for the SAAR is now estimated to be 17.9 million units. The industry's best sales year ever was 2000, when 17.8 million light vehicles were delivered. "We believe U.S. auto sales will continue to grow in 2016, based on the underlying strength of the economy, and we expect customers will continue to embrace crossovers and SUVs because they are meeting their fundamental needs for utility, comfort and fuel efficiency," said Mustafa Mohatarem, GM chief economist.
09:31 EDTGMGM reports November U.S. sales up 2% to 229,296 vehicles
09:21 EDTGMGeneral Motors reports November U.S. sales up 2%, DJ says
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November 23, 2015
06:24 EDTGMGM uses KBB to offer targeted incentives, Automotive News reports
General Motors has turned to Kelley Blue Book's website to offer targeted incentives to customers, Automotive News reports. Reference Link
November 22, 2015
18:46 EDTGMUAW union ratifies General Motors agreement
The United Auto Workers announced that its international executive board has formally ratified the national labor agreement with General Motors. The union explained that, after its proposed agreement with GM was blocked by the union's skilled trades members, it held meetings with those members and subsequently presented their concerns to both union leadership and GM itself. Following those discussions, the parties agreed to changes that "protect core trades classifications and seniority rights," according to UAW. Reference Link
November 19, 2015
07:55 EDTGMGM's Reuss: Company 'deeply committed' to EVs, FT says
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November 18, 2015
09:32 EDTGMThe House Oversight & Government Reform Committee to hold a hearing
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07:57 EDTGMBarclays to hold a conference
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