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News Tagged By: General Motors (GM)

GM posts higher-than-expected profit on strong North American demand

Higher pricing on GM's vehicles resulted in a $600 million US gain in the quarter.

Posted on 10-23-2014 at 9:17 AM
Tags: General Motors (GM)

Notable Call: Morgan Stanley slaps sell rating on Ford

Auto sales in the United States are at the highest level since 2006, but a new report says we've past the peak and it is time to take profits.

Posted on 9-08-2014 at 4:22 PM
Tags: Ford, General Motors (GM)

GM unit gets subpoena over subprime auto loans

The U.S. government is investigating General Motors Co's auto financing arm over subprime auto loans it made and securitized since 2007, the company disclosed on Monday.

Posted on 8-05-2014 at 7:44 AM
Tags: General Motors (GM)

GM's profit falls on recall costs, victims' compensation fund

General Motors Co. reported a much lower second-quarter profit on Thursday due to numerous recalls and the expected cost of at least $400 million US for a compensation fund for those killed or...

Posted on 7-24-2014 at 2:44 PM
Tags: General Motors (GM), Ford

U.S. senators to GM: Why wasn't top lawyer fired?

U.S. senators on Thursday demanded to know why General Motors Co did not fire its top lawyer after it was revealed this year that the automaker's litigation department knew of a widespread and deadly...

Posted on 7-17-2014 at 4:07 PM
Tags: General Motors (GM)

GM crash victims relying on 'destroyed' evidence for claims: Nader

The headhunt at General Motors continues as investigators work track down those responsible for the sale of vehicles with faulty ignition switches linked to 13 deaths and 31 crashes.

Posted on 7-14-2014 at 3:14 PM
Tags: General Motors (GM), U.S. Auto Industry, Jeff Lagerquist

GM suspends South Africa production as striking union rejects offer

General Motors suspended production at its main South African plant after a strike hit parts supplies, the U.S. automaker said on Friday, making it the latest victim of relentless labour unrest in...

Posted on 7-04-2014 at 9:26 AM
Tags: General Motors (GM)

Canadian car sales on pace for record year

The beat goes on for auto makers in Canada.

Posted on 7-02-2014 at 5:06 PM
Tags: Chrysler, Autos, Ford, General Motors (GM)

‘Rough justice’ ahead for GM compensation victims: Feinberg

Kenneth Feinberg, Founder and Managing Partner at Feinberg Rozen LLP, has been hired by General Motors to vet all recall-related claims and decide who is eligible for compensation and how much they...

Posted on 7-02-2014 at 1:04 PM
Tags: General Motors (GM)

GM victims fund to have wide eligibility

The compensation fund for victims of General Motors Co's (GM-N) defective ignition switch will be open to a broad range of people and should finish its work by the end of the second quarter of next...

Posted on 6-30-2014 at 10:33 AM
Tags: General Motors (GM)
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