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4/18/14Company Update (NYSE:GM): SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class A... (Jutia Group)

[PR Newswire] - NEW YORK, April 18, 2014 /PRNewswire/ -- Pomerantz LLP announces the filing of a class action lawsuit against General Motors Company ("GM" or the "Company")(GM) and certain of its officers. The class action, filed in United States District Court, Eastern District of Michigan, and docketed under 14-cv-11191 is on behalf of [...]

4/17/14General Motors Company (NYSE:GM) | U.S. judge declines to order ‘park it now’ notices for GM ... (Jutia Group)

[Reuters] - A federal judge on Thursday rejected a bid to compel General Motors Co to tell customers to stop driving millions of cars that have been recalled for defective ignition switches. Attorneys representing several vehicle owners had sought an emergency order directing GM to issue "park it now" notices for the 2.6 million [...]

4/16/14General Motors Company (NYSE:GM) | GM to seek court protection against ignition lawsuits (Jutia Group)

[Reuters] - * GM has recalled 2.6 mln vehicles over ignition-switch defects * Company's 2009 bankruptcy offers protection from pre-bankruptcy claims April 16 (Reuters) - General Motors Co said it would ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy, signaling a tougher stance toward legal claims stemming from [...]

4/15/14Company Update (NYSE:GM): GM to launch product development group focused on safety (Jutia Group)

[Reuters] - General Motors Co. (GM) will create a new global product integrity organization that will focus on product safety and quality, said GM Chief Executive Mary Barra in a speech on Tuesday. "This new way of developing vehicles will provide the highest levels of safety, quality, and customer service, and ensure that a [...]

4/11/14Company Update (NYSE:GM): U.S. senators ask Justice Dept. to intervene in GM recalls (Jutia Group)

[Reuters] - A group of U.S. senators on Friday urged the Department of Justice to oppose any efforts by General Motors Co to skirt financial responsibility related to the company's failure to promptly recall vehicles with ignition switch problems linked to 13 deaths. The five Democratic senators, in a letter to Attorney General Eric [...]

4/10/14Company Update: General Motors Company (NYSE:GM) – U.S. Congress turns GM probe focus to engine... (Jutia Group)

[Reuters] - * Trying to 'connect the dots' - Chairman Upton * Democrats, Republicans talk of legislative fixes (Adds GM placing two engineers on paid leave) One month after congressional committees launched formal probes into why it took GM more than a decade to respond to ignition switch safety defects with the recall, lawmakers [...]

4/9/14Company Update (NYSE:GM): General Motors Ignition Switch Cited in Houston Car Crash Lawsuit (Jutia Group)

[PR Newswire] - HOUSTON, April 9, 2014 /PRNewswire/ -- A Texas woman who suffered critical injuries in a terrifying car accident last December has filed a state district court lawsuit against General Motors (GM) and other defendants based on claims that a faulty GM ignition switch caused her 2007 Pontiac Solstice to lose control [...]

4/8/14Company Update (NYSE:GM): GM says it has "fully cooperated" with U.S. safety regulators (Jutia Group)

[Reuters] - General Motors Co said on Tuesday it has "fully cooperated" with the National Highway Traffic Safety Administration, which says the company has not fully responded to 107 questions the agency asked about the automaker's recall of 2.6 million cars for defective ignition switches. GM said in a statement that it has delivered [...]

4/4/14Company Update: General Motors Company (NYSE:GM) – SHAREHOLDER ALERT: Pomerantz Law Firm Remind... (Jutia Group)

[GlobeNewswire] - NEW YORK -- Pomerantz LLP announces the filing of a class action lawsuit against General Motors Company ("GM" or the "Company") and certain of its officers. The class action, filed ... Read more on this. General Motors Company (GM), with a current market cap of $55.34B, began trading this morning at [...]

4/2/14Stock Update (NYSE:GM): U.S. senator accuses GM of ‘culture of cover-up’ in recalls (Jutia Group)

[Reuters] - General Motors came under withering attack for its decade-long failure to notify the public about defective parts linked to fatal crashes, as a U.S. Senate hearing opened on Wednesday with accusations ... Read more on this. General Motors Company (GM), valued at $54.78B, opened this morning at $34.66.   [...]

4/1/14Company Update: General Motors Company (NYSE:GM) – U.S. Congress hearings to put harsh spotligh... (Jutia Group)

[Reuters] - The U.S. Congress will try to establish who is to blame for at least 13 auto-related deaths over the past decade, as public hearings are launched on Tuesday on General Motors' slow response to defective ignition switches in cars. Despite tougher laws being enacted in 2000 and 2010 to encourage automakers and [...]

3/31/14Company Update (NYSE:GM): GM engineer OK’d sub-standard ignition switch: documents (Jutia Group)

[Reuters] - WASHINGTON/DETROIT (Reuters) - A General Motors engineer signed off on a design change for troubled ignition switches even though those changes did not meet company standards, according to documents provided to a U.S. House of Representatives panel. The disclosure appeared to conflict with information provided by GM engineer Ray DeGiorgio during 2013 [...]

3/28/14Stock Update: General Motors Company (NYSE:GM) – GM stops selling certain Cruze small cars, giv... (Jutia Group)

[Reuters] - General Motors Co (GM) said on Friday that it had told its dealers to stop selling Chevrolet Cruze small cars equipped with 1.4-liter turbo diesel engines for an undisclosed issue, another blow for a company dealing with the crisis created by defective ignition switches linked to at least 12 deaths. "I can [...]

3/27/14General Motors Company (NYSE:GM) | U.S. senator urges GM to advise not driving recalled cars (Jutia Group)

[Reuters] - General Motors should promptly warn consumers that they should not drive GM cars that have been recalled because of faulty ignition switches, which can unexpectedly turn off engines and air bags of vehicles as they are operating, U.S. Senator Richard Blumenthal said on Thursday. Blumenthal, a Democrat from Connecticut who serves on [...]

3/26/14Stock Update (NYSE:GM): Senate panel sets April 2 hearing on GM auto recalls (Jutia Group)

[Reuters] - A U.S. Senate panel will hold its first hearing on April 2 to probe how General Motors and the National Highway Traffic Safety Administration handled recalls over the past decade of malfunctioning GM ignition switches, which are linked to 12 deaths. The Senate's Commerce subcommittee on Consumer Protection, Product Safety and Insurance [...]

3/25/14Stock Update: General Motors Company (NYSE:GM) – Former Delphi employee sues over GM ignition d... (Jutia Group)

[Reuters] - * GM has recalled 1.6 million vehicles over faulty ignition switch * Case is among growing number of lawsuits against GM after recall * Lawsuit says GM concealed knowledge of the defect NEW YORK, March 25 (Reuters) - A former employee of Delphi Automotive has filed a wrongful-death lawsuit claiming General Motors [...]

3/24/14Market Update: General Motors Company (NYSE:GM) – GM sued over fatal crash tied to ignition defect (Jutia Group)

[Reuters] - * GM facing numerous lawsuits stemming from recall NEW YORK, March 24 (Reuters) - General Motors Co has been hit with what is believed to be the first wrongful death lawsuit over ignition switch problems since it recalled 1.6 million vehicles in February. The lawsuit was filed late on Friday in Minnesota [...]

3/21/14General Motors Company (NYSE:GM) – SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing o... (Jutia Group)

[GlobeNewswire] - NEW YORK -- Pomerantz LLP announces the filing of a class action lawsuit against General Motors Company ("GM" or the "Company") and certain of its officers. The class action, filed ... Read more on this. General Motors Company (GM), valued at $55.53B, started trading this morning at $35.43.   [...]

3/18/14Market Update (NYSE:GM): GM names new vehicle safety chief after ignition-switch recall (Jutia Group)

[Reuters] - General Motors Co on Tuesday named a new vehicle safety chief who will be responsible for heading off issues like the faulty ignition switches linked to 12 deaths and the recall of more than 1.6 million vehicles. Jeff Boyer, a GM veteran who has been with the company for more than 40 [...]

3/17/14Stock Update: General Motors Company (NYSE:GM) – CEO says GM changing recall process after ‘t... (Jutia Group)

[Reuters] - General Motors Co Chief Executive Mary Barra on Monday acknowledged that the No. 1 U.S. automaker fell short in catching the faulty ignition switches linked to 12 deaths and said the company has already made changes to how it will handle future recalls. Barra previously apologized for how GM's failure to catch [...]

3/14/14Stock Update: General Motors Company (NYSE:GM) – Fitch: Greatest recall risk to GM is reputational (Jutia Group)

[Reuters] - General Motors Company's (GM) recall of faulty ignition switches in 1.6 million vehicles primarily presents reputational risk for the company, although follow-on costs could mount, according to Fitch Ratings. A federal probe examining the length of time it took GM to announce the recall and the near-continuous stream of negative headlines related [...]

3/13/14Stock Update: General Motors Company (NYSE:GM) – U.S. transportation chief pledges hard look at... (Jutia Group)

[Reuters] - U.S. Transportation Secretary Anthony Foxx on Thursday promised an "aggressive investigation" into whether General Motors was slow to report to the federal government problems with ignition switches in its autos, which have led to 12 deaths. "The questions we are asking are whether there was a timeliness issue with GM's bringing to [...]

3/12/14Market Update (NYSE:GM): GM Wins Six ‘Best Family Car’ Awards (Jutia Group)

[at noodls] - GM Wins Six 'Best Family Car' Awards Chevrolet, Buick and Cadillac vehicles make life easier for families on the road 2014-03-12 DETROIT - General Motors' brands took home six awards in the 2014 Best Cars ... Read more on this. General Motors Company (GM), currently valued at $55.31B, opened at [...]

3/11/14Company Update: General Motors Company (NYSE:GM) – U.S. Senate seeks hearings on GM recalls -aide (Jutia Group)

[Reuters] - U.S. Senate Commerce Committee Chairman John Rockefeller is seeking hearings on General Motors' automobile recalls related to ignition switch problems, a Senate aide said on Tuesday. The aide, who asked ... Read more on this. General Motors Company (GM), with a current market cap of $57.55B, started trading this morning at [...]

3/10/14Stock Update: General Motors Company (NYSE:GM) – GM recall probe team includes inside, outside ... (Jutia Group)

[Reuters] - General Motors Co said on Monday that the team conducting a probe of the company's handling of an ignition switch recall linked to 13 deaths includes attorneys from both inside and outside the No. 1 U.S. automaker. The team conducting a review of last month's recall of more than 1.6 million vehicles [...]

3/5/14Market Update: General Motors Company (NYSE:GM) – GM Offers Fleets Insights on the Road (Jutia Group)

[at noodls] - OnStar to team with Telogis to help customers manage their GM fleet vehicles 2014-03-05 INDIANAPOLIS - General Motors is partnering with Telogis, Inc. to provide fleet customers a one-of-a-kind telematics ... Read more on this. General Motors Company (GM), valued at $60.17B, opened at $37.55.   During [...]

3/4/14Company Update (NYSE:GM): GM CEO said ignition-switch recall will take time to play out (Jutia Group)

[Reuters] - General Motors Co (GM) Chief Executive Mary Barra said the No. 1 U.S. automaker was sorry for the recent recall of an ignition-switch linked to 13 deaths, and said the process would take time to play out but the company would work to ensure customer satisfaction. In a letter to employees on [...]

2/27/14General Motors Company (NYSE:GM) | U.S. safety regulators open probe of GM’s handling of recall (Jutia Group)

[Reuters] - U.S. safety regulators have opened an investigation into whether General Motors Co reacted fast enough in its recall of more than 1.6 million cars over an ignition-switch defect linked to 13 deaths in crashes. "The National Highway Traffic Safety Administration has opened an investigation into the timeliness of General Motors' recall of [...]

2/25/14Company Update: General Motors Company (NYSE:GM) – GM calls electronic glitch in pickups ‘inc... (Jutia Group)

[Reuters] - General Motors Co, the biggest U.S. automaker, wants to avoid the recall of more than 200,000 of its new full-size Chevrolet and GMC pickup trucks, asking U.S. safety regulators to declare an electronic glitch as "inconsequential" to safety. The glitch can occur when the driver is using the steering wheel controls to [...]

2/17/14General Motors Company (NYSE:GM) | France moves to ban GM maize planting in short and long term (Jutia Group)

[Reuters] - France published a decree on Monday to prevent the planting of genetically modified maize as a stop-gap measure, while the government works on changes to domestic and European laws to ensure a longer-term ban. The French government, which says GM crops present environmental risks, has been trying to institute a new ban [...]

2/13/14General Motors Company (NYSE:GM) | GM recalls 778,562 compact cars in North America for ignition ... (Jutia Group)

[Reuters] - General Motors Co said on Thursday it is recalling 778,562 older-model Chevrolet Cobalt and Pontiac G5 compact cars in North America to correct a condition that may allow the engine and other components, including airbags, to be unintentionally turned off. In the affected cars from model years 2005 through 2007, the weight [...]

2/12/14Stock Update: General Motors Company (NYSE:GM) – GM Leads Automakers in Dependability Awards (Jutia Group)

[at noodls] - Eight segment award recipients cover Chevrolet, Buick, GMC and Cadillac brands 2014-02-12 GM brands place 13 models among Top 3 in their segments All GM brands score at or above industry average DETROIT ... Read more on this. General Motors Company (GM), valued at $56.28B, opened at $35.49.   [...]

2/11/14General Motors Company (NYSE:GM) – EU executive set to back new GM crop, member states divided (Jutia Group)

[Reuters - UK Focus] - * EU Commission says cannot comment on approval timeline * Britain backs GM (NYSE: GM - news) crop; France opposed, Germany abstains BRUSSELS, Feb 11 (Reuters) - European Union ministers hit deadlock on Tuesday on whether to let a new strain of genetically modified (GM) maize be grown on [...]

2/7/14General Motors Company (NYSE:GM) | General Motors: A ‘Used Car With Significant Cosmetic Damage’ (Jutia Group)

[at Barrons.com] - On first glance, General Motors' (GM) earnings report yesterday gave the impression the automaker was damaged goods. Since then, analysts have looked under General Motor's hood and come up liking what they see. Shares of General Motors finished little changed despite missing earnings forecasts by 21 cents. Ford Motor (F) gained [...]

2/6/14Company Update: General Motors Company (NYSE:GM) – Bought Ford, Added GM On Today’s Dip (Jutia Group)

[at Seeking Alpha] - Ford ( F ) is a stock that I have been opining about throughout most of 2013. Interestingly enough, I never found myself with a position in the company and wound up owning GM ( GM ) into 2014. Read more on this. General Motors Company (GM), currently valued [...]

2/5/14General Motors Company (NYSE:GM) – GM, Isuzu to invest $60 mln in engine joint venture (Jutia Group)

[Reuters] - General Motors Co and Isuzu Motors Ltd will invest $60 million to upgrade technology in their U.S. diesel engine joint venture. The investment in DMAX Ltd will allow the companies to make design changes to meet future emission requirements and retain 500 jobs at a plant in Moraine, Ohio, GM said in [...]

2/4/14Stock Update: General Motors Company (NYSE:GM) – Two GM directors to leave board later this year (Jutia Group)

[Reuters] - General Motors Co said on Tuesday that two of its outside directors will leave the U.S. automaker's board later this year. David Bonderman, 71, told the Detroit company on Jan. 29 that he would not stand for re-election at the annual meeting in June, while Robert Krebs, 72, will retire immediately, prior [...]

2/3/14Stock Update: General Motors Company (NYSE:GM) – Ford, GM January Sales Fall More Than Estimate... (Jutia Group)

[at Bloomberg] - Ford Motor Co. (F) and General Motors Co. (GM) reported declines in January auto sales that were greater than analysts had estimated, as cold weather kept shoppers from dealer lots. Ford said sales fell ... Read more on this. General Motors Company (GM), valued at $49.19B, opened this morning at [...]

1/27/14Company Update: General Motors Company (NYSE:GM) – Clinton Says GM’s Barra Broke ‘Steel’ ... (Jutia Group)

[at Bloomberg] - Hillary Clinton praised General Motors Co. (GM) for naming Mary Barra the first female chief executive officer of a global automaker, and said the government made the “right decision” on the auto industry bailout. “I’m excited about GM’s new CEO -- you might guess I would be,” Clinton, a Democrat and [...]

1/24/14Stock Update: General Motors Company (NYSE:GM) – Jim DeLuca to Lead GM Global Manufacturing (Jutia Group)

[at noodls] - Tim Lee to retire April 1 after nearly 45 years of dedicated service 2014-01-24 DETROIT - Jim DeLuca will become Executive Vice President of General Motors Global Manufacturing on February 1, succeeding ... Read more on this. General Motors Company (GM), with a current value of $51.39B, started trading this [...]

1/23/14General Motors Company (NYSE:GM) | New GM chief Barra vows to keep ‘fortress balance sheet’ (Jutia Group)

[Reuters] - General Motors Co's new Chief Executive Officer Mary Barra vowed on Thursday to maintain a "fortress balance sheet," which has been a mantra among executives at the biggest U.S. automaker since ... Read more on this. General Motors Company (GM), with a current value of $53.18B, began trading this morning at [...]

1/22/14Stock Update: General Motors Company (NYSE:GM) – GM Foundation Donates $1 Million to Smithsonia... (Jutia Group)

[PR Newswire] - DETROIT, Jan. 22, 2014 /PRNewswire/ -- The General Motors Foundation will become a founding donor of the Smithsonian's National Museum of African American History and Culture through a $1 million grant. GM Foundation President Vivian Pickard presented the gift to the Museum Founding Director Lonnie G. Bunch III at the Washington [...]

1/21/14Company Update (NYSE:GM): General Motors Is Still Undervalued (Jutia Group)

[at Seeking Alpha] - On July 10th last year I wrote a Seeking Alpha article entitled "General Motors' Stock Is Much Cheaper Than You Think", essentially arguing that I thought GM stock was a bargain opportunity for ... Read more on this. General Motors Company (GM), valued at $52.94B, opened at $38.96. [...]

1/17/14Company Update – General Motors Company (NYSE:GM) – General Motors? Ford? Give Toyota a Try (Jutia Group)

[at Barrons.com] - For the last three months, Toyota Motor's (TM) stock has looked like a guy on a bicycle trying to keep up with General Motor's (GM) gas powered automobile. That underperformance has left Toyota out of ... Read more on this. General Motors Company (GM), with a current value of $53.45B, [...]

1/15/14Stock Update: General Motors Company (NYSE:GM) – Chuck Stevens Named GM CFO (Jutia Group)

[at noodls] - John Stapleton to become North America CFO 2014-01-14 DETROIT - General Motors today named Chuck Stevens as executive vice president and chief financial officer, effective Jan. 15. He replaces Dan Ammann, ... Read more on this. General Motors Company (GM), with a current market cap of $54.99B, started trading this [...]

1/14/14Company Update: General Motors Company (NYSE:GM) – Customers could win from GM-VW sales race (Jutia Group)

[at CNNMoney.com] - Volkswagen AG and General Motors continue to run neck-and-neck in the global sales race and U.S. car buyers could become the true winners as VW takes renewed aim at the U.S. market. VW badly trails GM ... Read more on this. General Motors Company (GM), currently valued at $55.41B, started [...]

1/13/14Company Update – General Motors Company (NYSE:GM) – 7 Reasons Why Ford Is My Favorite Long (Jutia Group)

[at Seeking Alpha] - Over the past twelve months shares of Ford ( F ) have rallied 15%. While a respectable performance, that rally lags the broader market as well as cross-town rival General Motors ( GM ) (chart below). Ford's ... Read more on this. General Motors Company (GM), with a current [...]

1/10/14Stock Update: General Motors Company (NYSE:GM) – VW Passes GM in China for First Time in Nine Y... (Jutia Group)

[at Bloomberg] - Volkswagen AG outsold General Motors Co. in China for the first time in nine years to recapture the leadership in the world’s largest car market among foreign automakers. Read more on this. General Motors Company (GM), valued at $55.63B, started the session at $40.52.   During today's [...]

1/9/14General Motors Company (NYSE:GM) | Growth Portfolio Super Bowl 2nd Round: General Motors Vs. Masco (Jutia Group)

[at Seeking Alpha] - In the second round of the Growth Portfolio playoffs we have #12 seeded Masco Corporation ( MAS ) taking on #4 seeded General Motors Company ( GM ). Masco manufactures, distributes and installs home improvement ... Read more on this. General Motors Company (GM), valued at $56.24B, began trading [...]

1/8/14Company Update – General Motors Company (NYSE:GM) – Why GM Stock Will Not Motor Along Anymore (Jutia Group)

[at Seeking Alpha] - General Motors ( GM ) is one of the oldest and most famous USA multinationals which reached the brink of complete collapse during the Lehman crisis. A massive multi-billion dollar bailout by the US government ... Read more on this. General Motors Company (GM), with a current market cap [...]


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