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2014-01-14 16:20:33

Fortress balance sheet, consistent business results support dividend DETROIT, Jan. 14, 2014 /PRNewswire/ -- General Motors Co. (NYSE: GM) Board of Directors today declared a quarterly dividend of 30 cents per share on its common stock. The dividend is payable March 28, 2014 to all common stockholders of record as of March 18, 2014. "Today's General Motors is designing high-quality, world-class vehicles for our customers and delivering consistently solid financial results," said Dan...

2014-01-10 12:21:08

AUBURN HILLS, Mich., Jan. 10, 2014 /PRNewswire/ -- General Motors recognized Continental Automotive for demonstrating some of the highest levels of quality performance over the past 12 months at 14 of its manufacturing facilities worldwide. The 14 Continental locations that were recognized include: -- Alor Setar, Malaysia -- Babenhausen, Germany -- Boussens, France -- Calamba, Philippines -- Fletcher/Henderson, North Carolina -- Hamakita, Japan -- Icheon,...

2013-11-14 20:20:25

Partnership with U.S. Naval Academy opens doors to vehicle engineering DETROIT, Nov. 14, 2013 /PRNewswire/ -- Metro Detroit high school students learned what it takes to become an engineer during a daylong, curriculum-based science and engineering camp on Thursday hosted by General Motors with the U.S. Naval Academy. One hundred students from area high schools had the rare opportunity to visit multiple GM vehicle testing facilities at the Warren Technical Center, including the...

2013-10-15 12:20:43

TROY, Mich., Oct. 15, 2013 /PRNewswire/ -- Schaeffler was recently awarded General Motors (GM) Supplier Quality Excellence Award for demonstrating some of the highest levels of quality performance. The award went to two of the company's plants in South Carolina. "We are honored that General Motors has recognized our efforts in developing quality products and technologies to support our customers," said Barry Vukoder, director, quality, Schaeffler. "This further demonstrates our...

2013-09-24 16:21:03

DETROIT, Sept. 24, 2013 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today the pricing of three series of senior unsecured notes for a total of $4.5 billion. These notes include $1.5 billion of 3.5 percent notes due in 2018, $1.5 billion of 4.875 percent notes due in 2023 and $1.5 billion of 6.25 percent notes due in 2043. The offering is expected to settle on Sept. 27, 2013. GM plans to use approximately $3.2 billion of the net proceeds from the offering of the notes to...

2013-09-23 12:20:54

DETROIT, Sept. 23, 2013 /PRNewswire/ -- General Motors Co. (NYSE: GM) reported today that Moody's Investors Service upgraded the company to investment grade rating, from Ba1 to Baa3, with a stable outlook. According to Moody's announcement, the upgrade reflects its view that GM's competitive position and credit metrics will continue to improve based on the strength of the company's new product introductions in the U.S., its solid position in the increasingly important Chinese auto...

2013-09-23 08:21:28

DETROIT, Sept. 23, 2013 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today it has reached an agreement to repurchase 120 million shares of its Series A Preferred Stock from the UAW Retiree Medical Benefits Trust (UAW VEBA) for a total cash consideration of approximately $3.2 billion or $27 per share. The agreement is contingent upon the closing of an offering by GM of senior unsecured notes on or before Sept. 30, 2013. Accordingly, GM also announced today that it has...

2013-09-19 23:22:21

Reportbuyer.com just published a new market research report: Chinese Passenger Vehicle Market 2013-2023 London (PRWEB) September 19, 2013 Report Details China is now the largest producer and consumer of passenger cars in the world and therefore this market has become of critical importance for all car manufacturers. Visiongain expects the Chinese car market to achieve sales of 16.8 million units in 2013. The Chinese automotive market has divided in two with foreign brands from Germany,...

2013-06-06 12:20:48

DETROIT, June 6, 2013 /PRNewswire/ -- General Motors Company (NYSE: GM) today announced at its annual meeting of stockholders the preliminary voting results representing 87.4 percent of eligible votes. Item 1: Election of directors Director Nominees: 1. Daniel F. Akerson 8. Admiral Michael Mullen 2. Stephen J. Girsky 9. James J. Mulva 3. David Bonderman 10. Patricia F. Russo 4. Erroll B. Davis, Jr....

2013-05-15 12:21:32

DALLAS, May 15, 2013 /PRNewswire/ -- General Motors recently recognized Sewell Cadillac with a pair of prominent national awards: the prestigious Master Dealer and Dealer of the Year honors. Sewell Cadillac received the Master Dealer award for an unprecedented 40th consecutive year.  Sewell Cadillac is the only Cadillac dealer in the country to have received the Master Dealer award every year since the formation of the program in 1973. The Master Dealer award recognizes Cadillac...