General Motors (NYSE: GM) today reported 220,905 car, crossover and truck deliveries in the United States in February.
Author: GM PR Team
General Motors Announces Public Secondary Offering of Common Stock by the VEBA Trust
General Motors Co. (NYSE: GM) today announced that the UAW Retiree Medical Benefits Trust (the “Selling Stockholder” or “the VEBA Trust”) intends to offer for sale 40 million shares of GM common stock in an underwritten secondary offering. The Selling Stockholder will receive all of the proceeds from this offering. No shares are being sold… Continue reading General Motors Announces Public Secondary Offering of Common Stock by the VEBA Trust
First Fully Electric Opel/Vauxhall Corsa Will be Made in Zaragoza
Rüsselsheim. Opel CEO Michael Lohscheller today announced that the next generation of the Opel/Vauxhall Corsa will be produced exclusively in Zaragoza as of 2019…
Groupe PSA is launching a new generation of leisure activity vehicles for its Peugeot, Citroën and Opel/Vauxhall brands
Forerunner and historical leader of the leisure activity vehicle (LAV) segment in Europe, Groupe PSA intends to consolidate its leadership by giving its line-up a new dimension with three latest-generation models designed for very different brand environments…
GM Korea Announces First Step in Necessary Restructuring
GM Korea Company (GM Korea) announced today that it will cease production and close its Gunsan plant by the end of May 2018. The Gunsan facility has been increasingly underutilized, running at about 20 percent of capacity over the past three years, making continued operations unsustainable.
Big January Gains for Chevrolet Crossovers and Trucks Drive GM Sales Increase
General Motors (NYSE: GM), which ended 2017 as the automaker with the fastest-growing crossover sales in the United States, today reported a 20 percent year-over-year gain in the segment in January, along with a 7 percent increase in truck deliveries. GM total sales in January totaled 198,548 units, up more than 1 percent.
GM Forecasts Strong Earnings in 2018
General Motors Co. (NYSE: GM) today said it projects strong earnings in 2018, building on expected record 2017 EPS diluted-adjusted and previous record earnings in 2016 and 2015.
Social Dialogue Allows New Agreement at Zaragoza Plant and Ensures its Sustainable Future
Rüsselsheim/Zaragoza. After intense and challenging negotiations carried out in a spirit of partnership, management and three out of five unions – UGT, CCOO and ACUMAGME – representing 75% of the employees, reached a social framework agreement at the …
Three out of Five Unions Representing 75% of Employees Have Signed Agreement to Ensure a Sustainable Future for the Site in Zaragoza
Rüsselsheim. With the aim of improving Zaragoza manufacturing performance in a competitive environment, Management and a majority of the Opel Spain Works Council have reached a framework collective agreement as part of the Contract Labour Negotiations today…
Opel Continues Export Offensive
Opel Continues Export Offensive 2018-01-29 New importers for Morocco and Tunisia announced Sales growth outside Europe at the core of PACE! plan Rüsselsheim. Opel is systematically continuing its export offensive. The company has successfully signed agreements with renowned sales partners for the fast-growing Moroccan market as well as Tunisia. The new setup will strengthen Opel’s… Continue reading Opel Continues Export Offensive