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General Motors Company (NYSE:GM) Suffers From Recall, But Still Feels It Can Post a Good 1Q2015

General Motors Company (NYSE:GM) is coming under a lot of pressure, after reports of up to 90 deaths being linked to a faulty ignition in the company’s cars. The ignition is said to inadvertently shut off the engine, disabling the steering capabilities and airbags of the vehicle. The reported number of injuries has reached 163 […]

General Motors Company (NYSE:GM) First Woman CEO Earns More Than Male Predecessor

General Motors Company (NYSE:GM) CEO, Mary Barra, earned more than $16.2 million in her first year at the helm of US’s largest car company. Barra was appointed to the top job in January 2014. Mary Barra had received accolades for her leadership of GM through a recall scandal in 2014, and it turns out she […]

General Motors Company (NYSE:GM) Disappoints As Europe And South America Reverse

General Motors Company (NYSE:GM) failed to achieve its expectations after the company experienced losses in Europe and South America, despite performing better in the States. The company’s quarterly net income amounted to $945 million. The low earnings and losses led to the decision to write-off $337 million which would oversee the termination of its manufacturing […]

General Motors Company (NYSE:GM) Reports 2% Increase In Global Sales In Q12015 Year-Over-Year

General Motors Company (NYSE:GM) reported the net global sales of Q12015. The total sales exceeded a whopping 2.4 million vehicles, higher than the net sales in 2014 by 2%. Sales Comparison However, the sales of vehicles manufactured by GM, numbered to 2,421,123. The figures trailed the holistic sales of 2.49 million by Volkswagen AG (ADR) […]

General Motors Company (NYSE:GM)’S JV In China Recalled 38,328 Cadillacs For Brake Software Issue

Boston, MA 09/09/2014 (wallstreetpr) – General Motors Company (NYSE:GM) recently made an announcement that its primary Chinese business, Shanghai General Motors Co, shall recall 38,328 Cadillac sedans in country. Because of malfunctioning brake-control software, the recall is being carried out in China. Official Statement In an official statement issued on the website, the General Administration […]

General Motors Company (NYSE:GM) Making a Push for the Connected Car Space

Boston, MA 09/03/2014 (wallstreetpr) – General Motors Company (NYSE:GM) is planning to install an eye tracking technology into its vehicles according to the Daily Mail. The technology will be used to ensure drivers stick to the code of conducts while on the road, in terms of avoiding any form of distractions. Attributes of the Technology […]

General Motors Company (NYSE:GM) Website Lists 20 Models Of Recalled Vehicle Owners

Boston, MA 08/21/2114 (wallstreetpr) – The biggest automaker in the U.S. General Motors Company (NYSE:GM) had addressed the issue of expanding the list of models of recalled vehicles and their owners. The company had established a separate website having the details of the owners of the recalled vehicles. Expanded List The company had provided information […]

General Motors Company (NYSE:GM) To Launch Pickups With Appeal Beyond North America

Boston, MA 08/15/2014 (wallstreetpr) – General Motors Company (NYSE:GM), a leading global automaker but also a struggling one, has big survival plans, and one of them is a line of new pickup trucks and an increased focus on Brazil. The company’s plans went public in an article by The Wall Street Journal. Shares of the […]

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