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10/17/14Stock Update (NYSE:GM): GM Announces $12.5 Billion Revolving Credit Facility (Jutia Group)

[PR Newswire] - DETROIT, Oct. 17, 2014 /PRNewswire/ -- General Motors Co. today announced the execution of an unsecured $12.5 billion revolving credit facility consisting of a $5 billion three-year facility and a $7.5 billion five-year facility. The facility amends and extends GM's existing $11 billion credit facility. "This credit facility further strengthens our [...]

10/15/14Company Update (NYSE:GM): Ford Vs. GM: New Leaders, Big Dreams (Jutia Group)

[Benzinga] - A few weeks ago, two of Detroit’s Big Three automakers — General Motors Company (NYSE: GM ) and Ford Motor Company (NYSE: F ) — released forecasts for the end of the year and the next few years. The forecasts ... Read more on this. General Motors Company (GM), valued at [...]

10/15/14Company Update (NYSE:F): Ford Vs. GM: New Leaders, Big Dreams (Jutia Group)

[Benzinga] - A few weeks ago, two of Detroit’s Big Three automakers — General Motors Company (NYSE: GM ) and Ford Motor Company (NYSE: F ) — released forecasts for the end of the year and the next few years. The forecasts ... Read more on this. Ford Motor Co. (F), with a [...]

9/26/14Market Update: General Motors Company (NYSE:GM) – First GM victims accept Feinberg settlement (Jutia Group)

[at CNNMoney.com] - The families of two teenage girls killed in a crash of a recalled GM car are the first to accept settlement offers from the automaker's victim's fund. The girls, Amy Rademaker, age 15, and Natasha Weigel, ... Read more on this. General Motors Company (GM), with a current market cap [...]

9/24/14Company Update: General Motors Company (NYSE:GM) – GM Salaries Busted U.S. Bailout Limit Last Y... (Jutia Group)

[at Bloomberg] - Treasury Department signed off on General Motors Co. (GM) pay packages that broke a pledge to cap cash salaries at $500,000 for employees at companies bailed out by the federal government in most cases, according to a watchdog report. Sixteen top employees at GM and the automaker’s former lending unit, Ally [...]

9/23/14Market Update: General Motors Company (NYSE:GM) – GM Earns Perfect Scores for Climate Change Ac... (Jutia Group)

[PR Newswire] - DETROIT, Sept. 23, 2014 /PRNewswire/ -- General Motors for the first time achieved perfect scores on both climate change data disclosure and performance submitted to CDP, the world's only global environmental disclosure system. Featured in the CDP S&P 500 Climate Change Report 2014, GM ranks among the world's largest companies acting [...]

9/19/14Stock Update (NYSE:GM): GM to Add New ‘Top-End’ Cadillac Sedan as U.S. Sales Slump (Jutia Group)

[at Bloomberg] - General Motors Co. (GM) said it will begin building a new “top-end, high-technology” sedan next year in Detroit, as the largest U.S. Production of the rear-wheel-drive model will start in 2015’s final quarter at the Detroit-Hamtramck plant, GM said in a statement today. The sedan, which hasn’t been named yet, “adds [...]

9/16/14Market Update (NYSE:GM): GM to boost output of mid-sized pickups in U.S., add jobs (Jutia Group)

[Reuters] - General Motors Co will add a third shift and 750 jobs at its Missouri assembly plant to build more of its new mid-sized pickup trucks, the No. 1 U.S. With early orders for the Chevrolet Colorado and GMC Canyon at nearly 30,000, GM decided to add the third shift at the Wentzville [...]

9/15/14Stock Update (NYSE:GM): GM to offer compensation for 19 deaths related to ignition switch (Jutia Group)

[Reuters] - General Motors Co will pay compensation for 19 deaths linked to a faulty ignition switch, according to the lawyer overseeing the process, more than the 13 deaths the automaker had previously admitted were caused by the now recalled part. Outside attorney Ken Feinberg is still reviewing claims of death and injury that [...]

9/12/14Company Update: General Motors Company (NYSE:GM) – Argentina dismisses General Motors’ claim ... (Jutia Group)

[Reuters] - Car makers in Argentina have sufficient dollars to meet production and sales targets, the government said Friday, a day after General Motors announced it had suspended exports from Brazil to its Argentine unit due to a hard currency shortage. Argentina has tightened controls on imports since it defaulted on its debt in [...]

9/5/14Company Update: General Motors Company (NYSE:GM) – GM wins dismissal of lawsuit over its IPO (Jutia Group)

[Reuters] - General Motors Co has won dismissal of a shareholder lawsuit accusing it of padding sales around the time of its November 2010 initial public offering by quietly unloading vehicle inventory on its dealers. District Judge Laura Taylor Swain in Manhattan said the automaker disclosed in its IPO offering materials "all of the [...]

9/4/14Stock Update (NYSE:GM): GM and GM Financial Enter into Support Agreement (Jutia Group)

[PR Newswire] - DETROIT, Sept. 4, 2014 /PRNewswire/ -- General Motors Co. (GM) and General Motors Financial Company, Inc., (GM Financial) announced today they have entered into a support agreement, reaffirming the critical role GM Financial plays in GM's success. The agreement provides for leverage limits and liquidity support to GM Financial if needed, [...]

8/26/14Stock Update: General Motors Company (NYSE:GM) – GM Shareholder Alert: Do You Own Stock in Gene... (Jutia Group)

[PR Newswire] - SAN FRANCISCO, Aug. 26, 2014 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of General Motors Company (NYSE: GM), related to the belated ... Read more on this. General Motors Company (GM), currently valued at $55.70B, ended trading yesterday at $34.67. [...]

8/22/14Market Update: General Motors Company (NYSE:GM) – GM reviewing timing of Russia plant expansion (Jutia Group)

[Reuters] - General Motors Co said on Friday it was reviewing the timing of the expansion of its Russian plant near St Petersburg because of a slump in the auto market. The plant currently makes Chevrolet Cruze, Opel Astra, and Chevrolet Trailblazer models. "In view of the current business situation in Russia and the [...]

8/19/14Stock Update: General Motors Company (NYSE:GM) – GM expands website for owners of recalled vehi... (Jutia Group)

[Reuters] - General Motors Co's website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said. The site launched in April initially informed owners of the 2.59 million mostly small cars, including the Chevrolet Cobalt and the Saturn Ion, that had ignition [...]

8/14/14Market Update (NYSE:GM): GM Plans Top-Range Cadillac, SRX Redesign for Next Year (Jutia Group)

[at Bloomberg] - General Motors Co. (GM) , aiming to reverse a sales slump for its Cadillac luxury brand, plans to introduce a top-range car and a redesigned SRX utility vehicle next year, an executive said. The car will have rear-wheel drive and arrive in late 2015, Dave Leone, Cadillac’s chief engineer, told reporters [...]

8/12/14Company Update: General Motors Company (NYSE:GM) – Heavy Michigan rains close GM tech center, a... (Jutia Group)

[Reuters] - Heavy rains in southeast Michigan hit the operations of U.S. automakers in the region, including forcing the closure of General Motors Co's technical center outside Detroit Detroit city officials said Monday night's heavy rainfall was the most rain the city had seen in almost nine decades. It caused flooding, power losses and [...]

8/5/14Company Update: General Motors Company (NYSE:GM) – Compass Point Cites Industry Iceberg As Feds... (Jutia Group)

[Benzinga] - Federal prosecutors' recent request that General Motors' (NYSE: GM ) finance unit hand over documents concerning its subprime lending practices could be the tip of a regulatory iceberg for the industry. ... Read more on this. General Motors Company (GM), valued at $53.53B, opened this morning at $33.57.   [...]

7/29/14Market Update (NYSE:GM): The U.S. Army, GM and Raytheon partner on advanced training initiative f... (Jutia Group)

[PR Newswire] - ARLINGTON, Va., July 29, 2014 /PRNewswire/ -- The U.S. Army, General Motors (GM) and Raytheon Company (RTN), today announced they are teaming up to provide eligible transitioning Army soldiers with skills to become service technicians at GM dealerships after they return to civilian life. The Shifting Gears: Automotive Technician Training Program, [...]

7/28/14Stock Update: General Motors Company (NYSE:GM) – GM Korea reaches tentative wage deal, averting... (Jutia Group)

[Reuters] - General Motors' South Korean unit reached a tentative wage deal with its labour union on Monday, averting a potential strike at one of its key Asian production bases. The agreement came after GM Korea ... Read more on this. General Motors Company (GM), valued at $56.04B, started trading this morning at [...]

7/24/14Company Update (NYSE:GM): Recalls hit GM, Europe drives Ford (Jutia Group)

[AAP] - General Motors is crying and Ford is laughing: The top US car manufacturers have posted wildly different earnings, the first hurt by recalls, the second lifted by new cash from Europe. The stock market told the tale: GM shares plunged 4.5 per cent to close at $US35.74, while Ford rose 0.3 per [...]

7/24/14Company Update: General Motors Company (NYSE:GM) – General Motors’ (GM) CEO Mary Barra on Q2 ... (Jutia Group)

[Seeking Alpha] - Good morning and thank you for joining us as we review the GM financial results for the first quarter of 2014. This morning, Mary Barra, General Motors' Chief Executive Officer will provide opening remarks followed by a review of the financial results with Chuck Stevens, Executive VP and CFO. Now I'll [...]

7/16/14Market Update (NYSE:GM): U.S. Senate bill would punish execs who conceal product dangers (Jutia Group)

[Reuters] - Two U.S. senators on Wednesday unveiled a bill prompted by the General Motors Co recalls over defective ignition switches that would make it a crime for corporate officers to conceal dangers posed by their products. Democratic senators Richard Blumenthal of Connecticut and Bob Casey of Pennsylvania said their proposal calls for up [...]

7/1/14Stock Update: General Motors Company (NYSE:GM) – General Motors Posts Best June Sales Since 2007 (Jutia Group)

[at noodls] - Retail sales up 9 percent selling day adjusted 2014-07-01 DETROIT - General Motors Co. (NYSE: GM) dealers delivered 267,461 vehicles inthe UnitedStates in June. Total sales were up 1percent compared to ... Read more on this. General Motors Company (GM), valued at $59.71B, started trading this morning at $36.25. [...]

6/26/14Market Update: General Motors Company (NYSE:GM) – GM’s Barra: more recalls possible, done fir... (Jutia Group)

[Reuters] - General Motors Chief Executive Mary Barra said on Thursday more recalls are possible as the No. 1 U.S. automaker continues to look at data and take action if necessary. Asked if GM had fired everyone it ... Read more on this. General Motors Company (GM), with a current value of $59.48B, [...]

6/24/14Market Update: General Motors Company (NYSE:GM) – 1 Big Hidden Benefit of General Motors’ In-... (Jutia Group)

[at Motley Fool] - GM and AT&T are teaming up with 4G LTE connectivity to make your car a rolling Wi-Fi hotspot. Here’s why it’s a great safety feature, as well as entertainment option. Read more on this. General Motors Company (GM), valued at $59.24B, started the session at $36.62.   [...]

6/17/14Stock Update: General Motors Company (NYSE:GM) – GM to start compensating ignition switch victi... (Jutia Group)

[Reuters] - General Motors Co expects to begin processing victims' claims related to faulty ignition switches by Aug. 1, Chief Executive Officer Mary Barra will tell the U.S. Congress on Wednesday. In prepared testimony to be delivered to the House of Representatives Energy and Commerce Committee, Barra also will say that Kenneth Feinberg, who [...]

6/10/14Market Update (NYSE:GM): REFILED-No more dismissals planned relating to GM switch recall, Barra says (Jutia Group)

[Reuters] - General Motors Co Chief Executive Mary Barra said on Tuesday that no more employee dismissals were planned relating to the company's handling of a defective ignition switch linked to at least 13 deaths. "We feel we've taken the appropriate actions as it relates to the ignition switch recall," Barra told reporters ahead [...]

6/5/14Market Update: General Motors Company (NYSE:GM) – Hagens Berman Attorney Representing GM Owners... (Jutia Group)

[Business Wire] - Today Steve Berman, the Hagens Berman attorney representing owners of General Motors vehicles in a class-action lawsuit attempting to hold GM accountable for an alleged Read more on this. General Motors Company (GM), valued at $58.31B, started the session at $36.96.   Looking at today's market, GM [...]

6/4/14Stock Update (NYSE:GM): GM to release findings of internal probe of bad switch Thursday (Jutia Group)

[Reuters] - General Motors Co will hold a news conference on Thursday at which it is expected to release the findings of the company's internal probe into why it took so long to discover a defective ignition switch linked to at least 13 deaths. GM has scheduled a company town hall for Chief Executive [...]

5/28/14General Motors Company (NYSE:GM) | EU member states back compromise to allow GM crops-diplomats (Jutia Group)

[Reuters] - * Campaign groups say GM companies given too much power * Biotech companies say decisions should be science-based (Adds German, British, French reaction, detail on new GM maize strain Pioneer) BRUSSELS, May 28 (Reuters) - The European Union tackled deep divisions on genetically modified crops on Wednesday by striking a compromise pact [...]

5/23/14General Motors Company (NYSE:GM) | Suzuki recalls 184,244 GM-built cars in U.S. for fire risk (Jutia Group)

[Reuters] - Suzuki Motor Corp is recalling 184,244 cars in the United States that were built by General Motors Co because of a potential fire risk, according to documents filed with U.S. safety regulators. Suzuki is recalling the Forenza and Reno compact cars from model years 2004 through 2008 because a faulty part in [...]

5/22/14General Motors Company (NYSE:GM) | Canada keen to find out if GM Canada delayed recalls, breaking... (Jutia Group)

[Reuters] - Canadian government officials are trying to determine whether the Canadian unit of General Motors had delayed the recall of some cars, breaking the law in doing so, after the U.S. fined the parent company $35 million for its delayed response. Transport Minister Lisa Raitt said in the wake of the U.S. move [...]

5/21/14Company Update (NYSE:GM): Auto task force member: didn’t know about GM’s faulty ignition switch (Jutia Group)

[Reuters] - A former member of the U.S. auto task force that helped restructure General Motors Co in 2009 during its bankruptcy said he had no idea about the defective ignition switches linked to at least 13 deaths. Harry Wilson, speaking at a conference in Washington, said the task force on which he served [...]

5/20/14Company Update (NYSE:GM): [$$] AT&T-GM Pact Boosts Synchronoss (Jutia Group)

[at Barrons.com] - Credit Suisse Last week, AT&T and General Motors announced shared-data-plan pricing for 4G LTE-equipped GM vehicles at attractive price points, in our view, which could be a positive for Synchronoss Technologies, given its Integrated Life agreement with AT&T. GM (GM) announced the pricing structure for high-speed AT&T (T) data packages for [...]

5/19/14Market Update (NYSE:GM): GM names new top spokesman Cervone, turning to old hand (Jutia Group)

[Reuters] - General Motors Co has turned to an old hand to lead its global communications as it deals with the fallout of a defective ignition-switch issue linked to at least 13 deaths and the recall of 2.6 million vehicles. The No. 1 U.S. automaker on Monday named Tony Cervone senior vice president of [...]

5/16/14Company Update (NYSE:GM): U.S. to make ‘major announcement’ on GM recall probe; stock falls (Jutia Group)

[Reuters] - U.S. officials will make a 'major announcement' on Friday as part of their investigation into General Motors' handling of recalled vehicles because of defective ignition switches, the Department of Transportation said in a statement. Shares of the automaker fell nearly 2 percent on news of the announcement, planned for 11:15 a.m. EDT [...]

5/16/14Ford Motor Company (NYSE:F) | Ford and GM Attract Oldest Buyers but Buick Bucks Trend (Jutia Group)

[at TheStreet] - GM's Cadillac and Buick and Ford's Lincoln all attract buyers who are over 59 years old, while the average age of the buyer of a new car in 2013 was 52 years. Read more on this. Ford Motor Co. (F), with a current market cap of $62.04B, started trading this [...]

5/15/14Market Update (NYSE:GM): GM recalls 2.7 million vehicles in U.S., to take charge of up to $200 mi... (Jutia Group)

[Reuters] - General Motors Co said on Thursday it has issued five more recalls, covering about 2.7 million vehicles in the United States and as a result is expected to take a charge of up to $200 million. GM did not have figures immediately for how many vehicles outside of the United States were [...]

5/13/14Stock Update: General Motors Company (NYSE:GM) – INVESTOR ALERT: Law Offices of Howard G. Smith... (Jutia Group)

[Business Wire] - Law Offices of Howard G. Smith reminds investors that all purchasers of the securities of General Motors Company between November 17, 2010 and Mar Read more on this. General Motors Company (GM), valued at $56.27B, started trading this morning at $34.84.   Looking at today's trading action, [...]

5/8/14General Motors Company (NYSE:GM) | GM recalls about 8,500 Buick, Chevy cars for brake problem (Jutia Group)

[Reuters] - General Motors Co said on Thursday it has recalled 8,590 Buick and Chevrolet sedans in North America to address a potential braking problem. The No. 1 U.S. automaker said it recalled certain 2014 model year Buick LaCrosse and Chevy Malibu sedans for possible reduced braking performance because rear brake rotors may have [...]

5/7/14General Motors Company (NYSE:GM) – COLUMN-For a new GM culture, pinpoint responsibility (Jutia Group)

[Reuters] - For more than 10 years, scores of General Motors engineers, inspectors and other employees engaged in a deadly cover-up over an easily fixable ignition-switch defect. GM discovered the problem in 2001 with its Saturn ION, according to documents the company belatedly sent to the National Highway Traffic Safety Administration. Though the defect [...]

5/6/14General Motors Company (NYSE:GM) | GM recalls 56,214 Saturn Aura cars in US for transmission cabl... (Jutia Group)

[Reuters] - General Motors Co is recalling 56,214 Saturn Aura mid-sized cars in the United States because the automatic transmission shifters may fail, according to documents filed with U.S. safety regulators. The No. 1 U.S. automaker is recalling certain 2007 and 2008 model Aura cars equipped with four-speed transmissions because the transmission shift cable [...]

5/5/14Market Update: General Motors Company (NYSE:GM) – Another GM engineer linked to defective ignit... (Jutia Group)

[Reuters] - A General Motors Co engineer who oversaw an internal investigation of the defective ignition switch linked to at least 13 deaths retired on Monday. Jim Federico, 56, had been executive director of global vehicle integration since September 2013, the No. 1 U.S. automaker said. Before that he was executive chief engineer for [...]

5/1/14Company Update: General Motors Company (NYSE:GM) – Detroit automakers report mixed results in A... (Jutia Group)

[Reuters] - General Motors Co's U.S. auto sales in April topped expectations, while those of Ford Motor Co and Chrysler Group LLC missed, as the first group of the major automakers reported results on Thursday. Chrysler, a unit of Fiat Chrysler Automobiles, said U.S. auto sales rose 14 percent in April to 178,652. GM [...]

4/30/14Stock Update (NYSE:GM): U.S. government says it lost $11.2 billion on GM bailout (Jutia Group)

[Reuters] - The U.S. government lost $11.2 billion on its bailout of General Motors Co, more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday. The $11.2 billion loss includes a write-off in March of the government's remaining [...]

4/29/14General Motors Company (NYSE:GM) | INVESTOR ALERT: Glancy Binkow & Goldberg LLP Reminds Investors... (Jutia Group)

[Business Wire] - Glancy Binkow & Goldberg LLP reminds investors of General Motors Company that all purchasers of GM securities between November 17, 2010 and Ma Read more on this. General Motors Company (GM), with a current value of $54.62B, started trading this morning at $33.70.   During the trading [...]

4/28/14Stock Update (NYSE:GM): U.S. senators ask federal agency to act on recalled GM cars (Jutia Group)

[Reuters] - Two Democratic U.S. senators on Monday called on the Department of Transportation to urge owners of 2.6 million recalled General Motors cars to stop driving them until they are repaired, which could take months as dealerships wait for replacement ignition switches. Senators Edward Markey of Massachusetts and Richard Blumenthal of Connecticut, who [...]

4/24/14Market Update: General Motors Company (NYSE:GM) – Auto Sales: What’s underneath the hood? (Jutia Group)

[ETFguide] - How good are auto sales? Earlier this month, General Motors (NYSE:GM) released March sales growth of 4.1%, positively surprising the much lower consensus 0.8% increase. These are excellent sales numbers ... Read more on this. General Motors Company (GM), with a current value of $54.85B, opened this morning at $35.50. [...]

4/22/14Market Update (NYSE:GM): U.S. Sen. Blumenthal wants to quiz former GM CEOs on recalls (Jutia Group)

[Reuters] - Former General Motors CEOs and other executives should be called to testify to the U.S. Congress about the company's slow response to defective ignition switches in cars that have been linked to at least 13 deaths, a Democratic senator said on Tuesday. Senator Richard Blumenthal of Connecticut, an outspoken member of the [...]


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