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General Motors Co

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  • UPDATE 1-Interpublic reports better-than-expected revenue Wednesday, 22 Jul 2015 | 7:38 AM ET

    July 22- Advertising company Interpublic Group of Cos Inc's revenue trumped expectations for the seventh straight quarter as higher advertising spending by U.S. businesses made up for the strong dollar's impact on international revenue. U.S. revenue increased about 8 percent while international revenue dropped about 7 percent in the second quarter ended...

  • The 7 cheapest stocks in the market now Tuesday, 21 Jul 2015 | 9:09 AM ET
    American Airlines

    Among the S&P 500, seven names stand out for their remarkably low valuations. But that doesn't necessarily make them smart buys.

  • Ford launches luxury version of F-150 pickup truck Tuesday, 21 Jul 2015 | 6:05 AM ET

    Ford Motor on Tuesday will launch a new luxury version of its F-150 pickup truck that could command prices above $60,000.

  • GM ignition switch deaths and injuries total 393 Monday, 20 Jul 2015 | 5:16 PM ET

    DETROIT— General Motors' faulty ignition switches were responsible for at least 124 deaths and 269 injuries, according to a fund set up to compensate victims. The fund, administered by attorney Kenneth Feinberg, updated the totals Monday. Fund spokeswoman Camille Biros says 319 compensation offers have been made so far and 227 have been accepted.

  • Test track for self-driving cars opens in Michigan Monday, 20 Jul 2015 | 12:09 PM ET
    Researchers adjusting equipment on a vehicle that will measure vehicle to infrastructure communications at Mcity in Ann Arbor, Michigan.

    M City's 32-acre closed environment test site includes four miles of roads.

  • GM, Ford hit big roadblock in China: Barclays Sunday, 19 Jul 2015 | 4:00 PM ET

    Shares of General Motors and Ford have seen rough patches this year. One analyst says there's a reason: China.

  • *Opel originally planned to sell over 80,000 cars in Russia. BERLIN, July 17- General Motors' Opel division said on Friday it will cut production at two German factories as it grapples with lost volume after exiting the plunging Russian market. Opel, which had originally planned to sell over 80,000 cars in Russia this year, aims to shorten hours at its main plant in...

  • Trader bets $1 million on General Motors rebound Friday, 17 Jul 2015 | 11:45 AM ET
    Assembly line workers assemble Chevrolet Volt electric vehicles and Opel Amperas at the General Motors Detroit Hamtramck Assembly Plant in Hamtramck, Mich.

    GM shares are down nearly 17 percent in the past three months, but despite the troubles, one trader bet $1 million the stock could rally.

  • VW, GM shudder as China profit engine sputters Thursday, 16 Jul 2015 | 5:31 PM ET

    Both Volkswagen and GM are heavily exposed to China, which remains a growth market, but last week cut its 2015 forecast for vehicle sales. Barclays downgraded GM's stock to "equal weight" from "overweight" on Thursday, saying it was likely to face the sharpest of the China headwinds among the U.S. autos and auto part makers it covers. GM made 40 percent of its net income...

  • *Mazda's China sales grew 17 pct in H1 vs market's 1.4 pct. "Other cars are either too round or stocky, but the CX-5 has more of a flowing character," said Nanjing office worker Xu Duo, 27, who bought Mazda's sport utility vehicle last year. Yet Mazda logged its best-ever first half at 17 percent, boosted by sales of the CX-5 as well as sedans Axela and Atenza.

  • DETROIT— General Motors officials met Thursday with the leader of an activist group demanding the automaker cut financial ties with Kid Rock over the musician's use of the Confederate battle flag, a discussion that both sides appeared optimistic about. Charles Williams II gave details about the meeting, but their comments indicated that some sort of...

  • Carmakers vie for pole position in post-sanctions Iran Wednesday, 15 Jul 2015 | 11:46 AM ET

    *Peugeot keen to keep pre-sanctions market leadership. BERLIN/ PARIS, July 15- Carmakers are racing for Iran following the country's breakthrough nuclear deal with western powers- pitting past market leader PSA Peugeot Citroen against challengers such as Volkswagen. Within hours of the announcement of a final deal on Tuesday, Paris- based Peugeot had outlined...

  • WASHINGTON, July 14- Within hours of the announcement of an Iran nuclear deal early on Tuesday, lawyers around Washington were fielding calls from U.S. corporate clients eager to know what the 159- page deal would mean for their business prospects. U.S. companies face losing out to foreign competitors in Iran as they wait for signs that Tuesday's historic...

  • ARLINGTON, Texas, July 14- General Motors Co. GM Chief Executive Mary Barra has promised investors that the automaker will generate an average 20 percent return on its capital investments going forward, but the money spent on Arlington will deliver well in excess of that, people familiar with the company's plans say. Though GM operates almost 400 factories...

  • How Texas has dealt with oil’s decline: Governor Tuesday, 14 Jul 2015 | 12:35 PM ET
    Floor hands make a pipe connection on the drill string on the Orion Perseus drilling rig near Encinal in Webb County, Texas.

    Texas Gov. Greg Abbott discusses how the state has moved forward despite lower oil prices.

  • Delivering Alpha: Activists' hit list Tuesday, 14 Jul 2015 | 10:58 AM ET
    Nelson Peltz

    Underperforming corporate executives beware: The activists are coming for you.

  • Unlike their existing partnership, under which Iran Khodro re-assembles older Peugeot models made in European plants, the new venture would manufacture cars from scratch using the French group's latest vehicle architectures and engines, Quemard said. Peugeot, the leading foreign player in Iran until sanctions were imposed in 2011, will face tougher...

  • DETROIT, July 13- General Motors Co and the United Auto Workers on Monday kicked off bargaining that will determine labor costs for the U.S. operations of the Detroit Three with a show of harmony that extended to the blue, open-collar shirts worn by officials on each side. UAW President Dennis Williams and GM Chief Executive Mary Barra staged the first of three...

  • GM-UAW launch bargaining with show of harmony Monday, 13 Jul 2015 | 1:22 PM ET

    DETROIT, July 13- General Motors Co and the United Auto Workers on Monday kicked off bargaining that will determine labor costs for the U.S. operations of the Detroit Three with a show of harmony that extended to the blue, open-collar shirts worn by officials on each side. UAW President Dennis Williams and GM Chief Executive Mary Barra staged the first of three...

  • *BMW says China remains an attractive market. BEIJING/ FRANKFURT, July 13- Brilliance China Automotive Holdings Ltd, which makes BMW cars in China, issued a profit warning on Monday, citing slowing sales in the world's biggest car market. Brilliance, which makes minivans for China's domestic market and assembles luxury cars for BMW via its joint venture with the...