Last Updated: Nov 03 2009 - Able2Act


Fact Sheet for General Motors Corporation

Nationality: United States
Contact Address: 300 Renaissance Centre Detroit, MI  48243 United States Tel: +1 (313) 556 5000
WebAddress: http://www.gm.com/
General: General Motors Corp (NYSE: GM), one of the world's largest automakers, was founded in 1908, and today manufactures cars and trucks in 34 countries. With its global headquarters in Detroit, GM employs 244,500 people in every major region of the world, and sells and services vehicles in some 140 countries. In 2008, GM sold 8.35 million cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's largest national market is the United States, followed by China, Brazil, the United Kingdom, Canada, Russia and Germany. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. Source: http://www.gm.com/corporate/about/company.jsp
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Related Stories

First reported 19 hours ago - Updated 2 hours ago - 47 reports

GM Stays At The Top As U.S. Car Sales Surge In July

Sales incentives helped U.S. auto sales rise in July, as major auto companies reported selling more than 120,000 more vehicles than the same month last year. GM retained its spot as the U.S. sales leader.Sales of passenger cars rose by nearly 5 percent ... [Published KCLU - 2 hours ago]
First reported 6 hours ago - Updated 2 hours ago - 3 reports

GM Financial to expand Arlington operations center, add jobs

General Motors Financial Co. announced Friday that it bought a 240,000-square-foot building in Arlington to expand its operations center campus.The building will accommodate 800 to 900 employees, with most of them new hires in the next two to three years, ... [Published Business First of Buffalo - 2 hours ago]
First reported 14 hours ago - Updated 2 hours ago - 8 reports

NHTSA: GM website provided 'incorrect' recall information to some owners

Washington — The National Highway Traffic Safety Administration said late Friday that General Motors was providing owners of some recalled cars with “incorrect or misleading” information because website searches showed no recalls for some vehicles.The ... [Published Detroit News - 2 hours ago]
First reported 8 hours ago - Updated 3 hours ago - 3 reports

McCaskill introduces bill to toughen auto safety penalties

WASHINGTON • Sen. Claire McCaskill, D-Mo., has introduced legislation that would greatly increase fines for automakers making unsafe vehicles, and authorize up to life in prison sentences for auto-safety violations that result in death.The Alliance of ... [Published STLtoday.com - 6 hours ago]
First reported 9 hours ago - Updated 6 hours ago - 2 reports

General Motors Co.'s compensation program opens for victims of faulty ignition switches

Under the watch of CEO Mary Barra, General Motors Co. launched its ignition-compensation plan Thursday for automobile accident victims killed or physically injured because of the defective switches.The program is voluntary, and “only if the individual ... [Published Los Angeles Business - 6 hours ago]
First reported 7 hours ago - Updated 7 hours ago - 2 reports

GM’s truck and crossover sales pass 1M unit mark for 2014

Sales of General Motors crossovers and trucks, which include pickups, vans and SUVs, surged by double-digits in July, pushing combined sales for the year to 1,048,114 through July. GM was the first automaker to pass the million-unit milestone in both ... [Published Green Car Congress - 7 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 3 reports

GM Could See Hundreds of Claims to $400 Million Ignition Defect Fund

NEW YORK (TheStreet) -- General Motors' compensation program will begin taking claims, the first step in distributing $400 million reserved to give relief to victims of its vehicles' defective ignition switch. Kenneth Feinberg, a compensations expert ... [Published The Street Latest - 8 hours ago]
First reported Jul 31 2014 - Updated 9 hours ago - 8 reports

GM expects hundreds of claims over faulty switch

General Motors has adopted a BP-style programme to deal with its compensation claims as a result of a faulty ignition switch on its cars. General Motors is expecting several hundred claims to be files as it launches its compensation programme of $400 ... [Published The Global Legal Post - 9 hours ago]
First reported Jul 31 2014 - Updated 9 hours ago - 3 reports

GM Canada retirees settle benefit-cut claims for $9-million

General Motors of Canada Ltd. will pay $9-million to its non-unionized retirees under a proposed settlement that seeks to end a long-running dispute over benefit cuts that were made during the financial crisis. The proposed agreement applies to all ... [Published Financial Post - Top Stories - 9 hours ago]
First reported Jul 31 2014 - Updated 23 hours ago - 5 reports

How GM, Ford Push the Limits in the Name of Max Tow Rating

⌖A- A+With the introduction of the SAE J2807 towing standards, the automotive industry looked like it had finally found an apples-to-apples way to measure the maximum towing capacity of a truck. Then Ram had to go and poke the bear (Ford) with a “best-in-class” ... [Published Auto Evolution - 23 hours ago]
First reported Jul 31 2014 - Updated Aug 01 2014 - 4 reports

GM owner has 'secret' to quicker repair on ignition recall

MESA, AZ (CBS5) -Millions of GM car owners have been waiting on the repair for the now infamous ignition recall but a Mesa woman says she found one way to speed up the process.It is actually public information, but it is not known how many General Motors ... [Published KPHO Phoenix - Aug 01 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 4 reports

Ford and GM Being Sued for Music Piracy

⌖A- A+No, GM and Ford employees haven’t been discovered to rip audio CDs at work, but the cars they are making can do that due to a feature embedded in their audio unit software.According to a TorrentFreak report , the Alliance of Artists and Recording ... [Published Auto Evolution - Jul 31 2014]
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Blogs

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GM (GM) Showing Support Near $33.58 [Published MarketIntelligenceCenter.com - May 20 2014]
General Motors Corp. (GM) closed Monday at $34.25 and technical indicators recently have been bearish. Based in part on those numbers, MarketIntelligenceCenter.com's patented algorithms have identified a couple of attractive trading opportunities in GM ...
GM (GM) Showing Resistance Near $38.17 [Published MarketIntelligenceCenter.com - Jul 16 2014]
General Motors Corp. (GM) presents a trading opportunity that offers a 3.06% return in just 66 days.A covered call on GM at the $37.00 level expiring on Sep. '14 offers an assigned return rate of 3.06% or 16.95% annualized. This trade offers 4.47% downside ...
Government negligence and insider trading behin... [Published RedState Blog - May 23 2014]
After being saved by the American taxpayer in 2008, General Motors seems again on the way to the knacker’s yard . General Motors has recalled nearly 13.8 million vehicles in the U.S. this year. That’s a lot, obviously. For example, it blows past ...
GM (GM) Showing Resistance Near $35.23 [Published MarketIntelligenceCenter.com - May 16 2014]
General Motors Corp. (GM) presents a trading opportunity that offers a 5.07% return in just 127 days.A covered call on GM at the $34.00 level expiring on Sep. '14 offers an assigned return rate of 5.07% or 14.57% annualized. This trade offers 5.82% downside ...
Potential GM (GM) Trade Targets 4.53% Return [Published MarketIntelligenceCenter.com - Jun 09 2014]
The patented options-trade picking algorithms used by MarketIntelligenceCenter.com found a trading opportunity with General Motors Corp. (GM) that should provide a 4.53% return in just 103 days. Sell one Sep. '14 call at the $36.00 level for each 100 ...
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Audio/Video

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What recalls? GM sales still rise [Published Reuters Video: Business - Jul 01 2014]
Study claims 303 death from GM cars [Published Reuters Video: Business - Mar 14 2014]
General Motors will take another big charge. [Published Wall Street Journal What's News - Apr 04 2014]
Another recall from General Motors... [Published Wall Street Journal What's News - Apr 01 2014]
GM announces another big recall [Published Wall Street Journal What's News - Jun 17 2014]
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Press Releases

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Earnings and Stock Performance Highlights - Gen... [Published Financial Services - Jul 30 2014]
SHAREHOLDER ALERT: Pomerantz Law Firm Investiga... [Published Financial Services - Mar 12 2014]
SHAREHOLDER ALERT: Pomerantz Law Firm Announces... [Published GlobeNewswire: Acquisitions News - Mar 21 2014]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifi... [Published GlobeNewswire: Acquisitions News - May 12 2014]
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds S... [Published GlobeNewswire: Acquisitions News - Apr 04 2014]
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