Shareholders to settle GM’s fight with activist investor
Investor David Einhorn proposes splitting the stock into two classes, automaker opposes the proposal as too risky.
GM launches Maven car sharing service in New York
Members of the service can use a smartphone app to unlock access to the automaker’s vehicles for up to 28 days.
Peugeot parent company approves buyout of GM’s Opel
$2.3 billion sale also includes GM’s European auto financing arm.
US auto sales tumble in what could be first annual drop since 2009
Of major automakers, only Hyundai and Volkswagen reported increases.
General Motors opens restored Flint factory that’s considered automaker’s birthplace
Parts of the factory date to 1886 when the facility was used by Flint Road Cart Co. to build horse-drawn carriages.
High court rejects General Motors ignition switch appeal
Attorney says ruling exposes automaker to around 1,000 additional lawsuits and liabilities up to $10 billion.
GM sells European brands to France’s Peugeot for $2.33B
Acquisition raises French automaker to Europe’s No. 2 after Volkswagen.
GM to pay $1M penalty for ignition switch accounting trouble
Says it has reorganized vehicle engineering teams and set up a new vehicle safety organization.
GM announces $1B US factory investment
Automaker says the investment has been planned for months, and not related to pressure from Donald Trump
General Motors raises outlook for 2017
North American continues to be a big driver of the automaker’s optimism.
Trump tweet won’t change production plans, GM CEO says
Barra says it’s too early to speculate on potential impacts of border tax from importing vehicles made in Mexico.
Trump targets General Motors in latest Twitter outburst
President-elect claims the automaker is sending vehicles to the US from Mexico tax free.
GM temporarily closing five factories
Automaker trying to reduce inventory on dealer lots.
GM investing $334M in New York state plants
Money will pay for new equipment and machinery at factories in Tonawanda, Lockport and Rochester.
GM lays off over 2,000 at US car plants as sales slow
Automaker says moves are meant to align production to demand for the cars.