GM

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About General Motors Company

General Motors is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet,Buick,GMC,Cadillac, Baojun and Wuling brands.
CEO
Mary Barra
Employees
155000
Headquarters

300 Renaissance Center
Detroit, Michigan 48265-0001
Phone: 13136671500
www.gm.com

News

General Motors Inks New $6 Bln, 364-day Revolving Credit Agreement With JPMorgan Chase Bank
Oct 04, 2023 11:54am

WASHINGTON (dpa-AFX) - General Motors Co. (GM) said Wednesday it entered into a new 364-Day Revolving Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the other lender…


Source:Finanz Nachrichten
Ford Makes Fresh Offer to UAW Amid Strikes. Heres Whats In It.
Oct 04, 2023 11:12am

The auto maker hopes it will be too good for the union to refuse. Meanwhile, GM has laid off more workers.


Source:Longport
: GM lines up $6B in financing from JPMorgan Chase, Citi and other lenders
Oct 04, 2023 10:50am

General Motors Co. GM said Wednesday it agreed to a $6 billion, 364-day revolving credit agreement with 21 banks led by JPMorgan Chase & Co. JPM as administrative agent and Citigroup Inc.’s C Citibank N.A. unit as syndication agent. The facility requires that GM maintain at least $4 billion in global liquidity and at least $2 billion in U.S. liquidity. GM’s stock was up 0.5% in premarket trading on Wednesday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Source:MarketWatch
Ford Makes New Offer to UAW, GM Lays Off Workers
Oct 04, 2023 09:17am

The auto maker says the proposal would give permanent employees a pay raise of more than 20%, and temporary workers a 26% increase.


Source:Barron''s
General Motors sees US sales jump 21pct in third quarter
Oct 04, 2023 09:11am

CHICAGO, Oct. 4 — General Motors Co. (GM) announced on Tuesday that it sold 674,336 vehicles in the United States in the third quarter of this year, up 21 per cent year on year, Xinhua reported. The sales included more than 20,000 electric vehicles (EVs), up 28 per cent. GM… The post General Motors sees US sales jump 21pct in third quarter appeared first on Selangor Journal .


Source:Selangor Journal
3 Companies That Could Use Some of Taylor Swift’s Marketing Genius
Oct 03, 2023 18:31pm

There’s no doubt that Taylor Swift’s and her team’s marketing is genius. Experts expect Swift’s upcoming cinema debut to be a massive moneymaker . At the same time, her charisma and presence alone sparked renewed interest in the NFL among the Swifty set, while the movie venture is reinvigorating AMC (NYSE: AMC ) when the company needs all the help it can get. While the tactical mechanics of Taylor Swift’s marketing are interesting, the fundamental strategy driving her moves is more applicable to leveraging the same tools. Per Forbes , Taylor Swift’s marketing acumen hinges on three key tenets. First, her authentic storytelling creates a narrative that compels fans to invest themselves in her life. Next, Swift leverages social media platforms masterfully. Finally, Taylor Swift’s marketing machine is adept at changing as Taylor herself changes: her evolution “[allows] her to reach a wider audience and [demonstrates] an ability to adapt to changing trends.” These three companies could take a note from Ms.


Source:InvestorPlace
GM Is Taking on Tesla as Chevy Blazer and Silverado Go Electric
Oct 03, 2023 17:32pm

The company disclosed its deliveries for the third quarter, showing 33% growth in shipments of EVs from a year earlier.


Source:Barron''s
GM reports higher Q3 sales as strike tests outlook
Oct 03, 2023 17:28pm


Source:RTL Today
General Motors EV sales jump 28% in Q3
Oct 03, 2023 16:45pm

CNBC''s Phil LeBeau joins ''Halftime Report'' to discuss GM posting its highest Q3 sales numbers since 2020, EV sales jumping 28% since last quarter, and the impact UAW''s strike will have on GM''s earnings next quarter.


Source:CNBC
UAW strike update: Heavy toll for General Motors and Ford, auto suppliers see limited impact so far
Oct 03, 2023 11:23am

The United Auto Workers'' new offer to General Motors may lead to job adjustments and financial losses for automakers, impacting both stocks and suppliers. Read more.


Source:Seeking Alpha