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News Tagged By: General Motors (GM)

No decision on future of Oshawa plants until well into 2016: GM
The future of the Oshawa, Ont., operations of General Motors Co. and about 3,700 jobs will be decided late next year, after a crucial set of negotiations with Unifor and discussions with governments that contributed $10.8-billion to a bailout of the company in 2009.
Posted on 1-28-2015 at 4:59 PM
GM shows Bolt electric vehicle concept with 200-mile driving range
General Motors showed its Chevrolet Bolt concept car with a $30,000 price tag, offering a view into where it's heading in development of electric cars.
Posted on 1-12-2015 at 8:16 AM
Buick seeks younger drivers with new Cascada convertible
The new vehicle will offer a lower-priced competitor to Volkswagen AG's Audi's A5.
Posted on 1-12-2015 at 5:02 PM
GM downplays impact of loonie’s fall on Canadian operations
Important GM vehicles are made in Canada, CEO said, but she had no new product allocation decisions to announce and would not commit the company to continue building vehicles in Canada after 2017.
Posted on 1-08-2015 at 12:38 PM
Ottawa bailed out carmakers with incomplete information: Auditor General
The government didn’t receive the carmakers’ final restructuring plans before allowing the loans, despite imposing that as a condition in negotiations, the Auditor General of Canada said in a report released today.
Posted on 11-25-2014 at 3:29 PM
Seven big U.S. companies paid CEOs more than Uncle Sam in 2013: study
Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a study released on Tuesday that was disputed by at least one of the companies.
Posted on 11-18-2014 at 8:00 AM
U.S. October auto sales strong, but GM misses
U.S. auto makers reported their strongest October sales in years on Monday, but top-seller General Motors Co missed expectations.
Posted on 11-03-2014 at 10:14 AM
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
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
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
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