General Motors, Good News | featured news

G.M. Sales Increased 10% in March

Analysts project that sales will increase across the industry, despite worries about rising gasoline prices and production stoppages in Japan.

 

GM sales jump 49%, aided by finance deals

GM sales jump 49%, aided by finance deals

General Motors on Tuesday reported that U.S. sales jumped 49 percent last month, aided by sweeter financing and lease deals that drew a response from other major automakers.

 

GM posts 1st full-year profit since 2004

In an impressive comeback from bankruptcy, General Motors last year posted its first annual profit since 2004....

 

G.M. Workers to Get $189 Million in Profit Sharing

G.M. Workers to Get $189 Million in Profit Sharing

General Motors said the payments, worth “upwards of $4,000” for hourly workers, were the largest profit-sharing checks in the automaker’s history.

 

GM Says About 90% of Dealers Reporting Profits

General Motors said that 90% of GM dealers are reporting profits, up from 40% at the end of 2009.

 

GM January sales up 22 percent

GM January sales up 22 percent

General Motors Co posted a 22 percent rise in sales for January, outperforming expectations for the market as a whole on gains in demand for its pickup trucks.

 

GM Dec sales up, industry on upswing into 2011

General Motors Co posted a 7.5 percent rise in December U.S. auto sales and said it expects the industry to report sales at a 13 million-vehicle annualized rate for last month -- far higher than many forecasts and what would be the highest rate of 2010.

 

G.M.’s Sales Rose 11.4% in November

Automakers expect the end of the year to close much stronger than it began.

 

GM reports $2B 3Q profit ahead of stock offering

GM reports $2B 3Q profit ahead of stock offering

General Motors says it made $2 billion in the third quarter, a strong showing that helps the company's pitch to investors who may buy stock in an initial public offering.

 

GM ties up $5 bln bank deal, IPO filing Fri-sources

GM ties up $5 bln bank deal, IPO filing Fri-sources

General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy.

Senh: The stock market went down, but I consider this good news. At least GM is getting back up, and that can only help our economy.

 

Subscribe to this RSS topic: Syndicate content