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General Motors' US stock surged nearly 11% in pre-market trading
On December 26th, General Motors' US stock surged nearly 11% before trading, as LG New Energy signed a square battery supply agreement with General Motors. -
CICC gives General Motors an initial rating target price of $65 to outperform the market
CICC gave General Motors an initial rating of outperforming the market, with a target price of $65. -
Can General Motors keep up with the market pace by restructuring in China at a cost of over $5 billion?
At the beginning of December, General Motors submitted a securities filing stating that it plans to record non temporary impairments of $2.6 billion to $2.9 billion for its joint ventures in China, i ... -
General Motors responds to rumors of restructuring its Chinese business and is currently adopting a "production based on sales" strategy
On December 5th, in response to rumors in the market that General Motors plans to restructure its Chinese business, General Motors China stated that its Chinese business is a high-quality asset for b ...- wangchengcai
- 2024-12-5 17:46
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General Motors responds to rumors of restructuring its Chinese business: high-quality assets now and in the future
According to foreign media reports, General Motors will incur two expenses and asset write offs totaling over $5 billion due to its business in China. On December 4th, General Motors announced in a s ... -
LG New Energy buys equity in General Motors' power battery factory for $1 billion
Interface News Reporter | Zhuang Jian Amid slower than expected growth in the US electric vehicle industry and uncertainty surrounding subsidy policies, General Motors has decided to sell its stake i ... -
General Motors recalls 461839 American cars
According to the National Highway Traffic Safety Administration of the United States, General Motors is recalling 461839 American cars due to transmission valve failure causing rear wheel lock up. -
General Motors: Fully supports the Mexican government's efforts to strengthen regional supply chains
General Motors: Fully supports the Mexican government's efforts to strengthen regional supply chains. On October 17th local time, General Motors stated that the company fully supports the Mexican gov ... -
SAIC General Motors completes industrial and commercial changes, Zhuang Jingxiong resigns as director and general manager
According to the Tianyancha App, SAIC General Motors Co., Ltd. has undergone business changes recently. Chen Hong has resigned as a director, Wang Xiaoqiu has been appointed as vice chairman, Zhuang ... -
General Motors plans to lay off two-thirds of its Kansas factory workers
General Motors has announced that it will temporarily lay off two-thirds of its workers at its assembly plant in Fairfax, Kansas, as it prepares to begin production of the next generation Chevrolet B ... -
General Motors responds to rumors of restructuring its China business, layoffs, and capacity cuts
On August 14th, in response to rumors of General Motors restructuring its business in China, laying off employees, and reducing production capacity, the relevant person in charge of General Motors Ch ... -
SAIC General Motors announces four senior personnel changes, with the appointment of General Manager and Deputy General Manager
On August 9th, SAIC General Motors announced four senior personnel changes. Lu Xiao, former Executive Vice General Manager of Pan Asia Automotive Technology Center, succeeded Zhuang Jingxiong as Gene ... -
General Motors launches new performance ranking system in the United States, offering more bonuses to 5% of employees who exceed expectations
General Motors is changing the performance evaluation method for its salaried employees in the United States to better reward high performing employees and put pressure on low performing employees. A ... -
General Motors' Q2 revenue of $47.97 billion increased by 7.2% year-on-year
On July 23, General Motors announced its Q2 2024 financial report, which showed revenue of $47.97 billion, a year-on-year increase of 7.2%, net profit attributable to shareholders of $2.93 billion, a ... -
Fuel leakage hazard after collision: General Motors recalls 8622 vehicles in the United States
On July 3rd, according to the National Highway Traffic Safety Administration (NHTSA), General Motors will recall a total of 8622 2024 Chevrolet Colorado and GMC Canyon vehicles. The reason for the re ... -
General Motors Board approves $6 billion stock repurchase plan
On June 11th, General Motors announced that its board of directors had approved a new stock repurchase authorization to repurchase up to $6 billion of the company's issued common stock. -
General Motors Board approves a new $6 billion stock repurchase plan
The General Motors board of directors has approved a new $6 billion stock buyback plan, raising the dividend yield per US share by 33% from $0.09 to $0.12. -
Retired Steve Hill will take over as President of General Motors China
On May 8th, General Motors announced that Steve Hill, the current Vice President of Global Business Operations, will serve as Senior Vice President of General Motors Global and President of General M ... -
General Motors China President Bai Li will resign, and Steve Hill, Vice President of Global Business Operations, will take over
On May 8th, General Motors announced that Steve Hill, the current Vice President of Global Business Operations, will be appointed as Senior Vice President of General Motors Global and President of Ge ... -
General Motors CFO Jacobson: Ensuring the Company Advances Along the Path of New Energy Vehicles
On March 27th, Beijing time, General Motors CFO Jacobson publicly stated that the company's car sales were partially reduced in January, but showed strong performance in February and March, with annu ...