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News Tagged By: General Motors (GM)

GM posts record profit in 2015, driven by North American sales
General Motors Co rode sales of SUVs and pickup trucks in North America to a record profit in 2015, and reaffirmed its forecast to do better this year despite signs that vehicle sales are hitting a peak.
Posted on 2-03-2016 at 9:29 AM
GM raises profit outlook, boosting share buybacks, dividend
General Motors Co. said on Wednesday it will return cash to shareholders by raising its stock buyback program by 80 percent to US$9 billion and increasing its dividend by 6 percent.
Posted on 1-13-2016 at 9:20 AM
General Motors to invest US$500-million in ride-sharing service Lyft
General Motors Inc and Lyft Inc Monday announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500-million investment by the auto maker as part of a $1-billion fund-raising round by the ride-sharing service.
Posted on 1-04-2016 at 9:48 AM
Automakers report higher sales of Canadian vehicles in November
Fiat Chrysler Automobiles NV, Honda Motor Co Ltd. and General Motors Co. reported higher sales of Canadian vehicles in November, buoyed by customer demand for trucks.
Posted on 12-01-2015 at 2:24 PM
Buy these 3 stocks, because the S&P500 will add 400 points by 2017: Analyst
Ross Givens, the chief market analyst for the investment advisory service Wealth Empire and 13F Insider says there's plenty of upside potential left after October’s rebound rally.
Posted on 11-03-2015 at 4:28 PM
United Auto Workers, GM reach tentative agreement on labour contract
Negotiators for the United Auto Workers and General Motors Co reached a tentative agreement on undisclosed terms for a new four-year labour contract, averting a threatened strike, the union said late on Sunday night.
Posted on 10-26-2015 at 7:29 AM
GM tops forecasts on truck demand, improved China margins
General Motors reported record quarterly earnings before charges for the third quarter, as strong demand for trucks in North America and improved profit margins in China overcame declining revenues.
Posted on 10-21-2015 at 8:09 AM
Cheap gas, Labour Day weekend drive automakers' U.S. sales in September
General Motors, Ford Motor and the U.S. operations of Fiat Chrysler - reported a jump in September sales as cheap gasoline and ultra-low interest rates drove demand for sport utility vehicles and pickup trucks.
Posted on 10-01-2015 at 12:59 PM
GM pays $900M in U.S. criminal settlement over ignition switches
General Motors Co. will pay $900 million to settle a criminal probe by the U.S. Justice Department over the ignition switch flaw that has bogged down Chief Executive Officer Mary Barra in recalls and investigations since almost the start of her tenure.
Posted on 9-17-2015 at 8:30 AM
GM production boost to extend life of Oshawa plant
General Motors Co. says a plan to increase the production of Chevrolet Equinox crossovers will extend the life of one of its Oshawa, Ont., assembly plants.
Posted on 8-19-2015 at 2:06 PM
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