How Revenue Recognition Impacts Pricing Strategy
The new revenue recognition rules demand tight teamwork between pricing and revenue teams.
GM Buys Sensor Startup for Robocar Push
The automaker says Strobe's LIDAR sensors are a "game changer" in its effort to deploy large fleets of self-driving vehicles.
GM Profit Drops 42% But EPS Beats Estimates
“Strong results in North America and China, solid improvement in South America and continued growth of GM Financial drove another strong quarter."
GM Shareholders Reject Stock-Split Proposal
Activist investor Greenlight Capital had said the plan would "help fix GM's inefficient capital structure" and unlock significant shareholder value.
GM’s Q1 Profit Hits Post-Bankruptcy Record
The results "demonstrate the strong earnings power of this company,” CEO Mary Barra says as profits soar 33% to $2.6 billion.
High Court Clears Way for Suits Against GM
The automaker lost its bid for review of a lower court ruling that exposes it to liability for injuries resulting from an ignition-switch defect.
GM Halts Venezuela Production as Plant Seized
The seizure of GM's only Venezula factory "was granted and enforced in total disregard of [GM's] right to due process," the company says.
GM to Cut 1,100 Jobs at SUV Plant in Michigan
The automaker has announced about 4,400 layoffs since November as it reduces production and employment due to lower U.S. sales.
GM Sells European Car Operations for $1.3B
"This represents another major step in the ongoing work that is driving our improved performance and accelerating our momentum,” GM CEO Mary Barra says.
GM Hits Record Profit But Expects Flat Growth
The automaker's stock falls 4.7% even though it reported record sales of $166 billion and earnings per share of $6.00 for 2016.
SEC Fines GM $1M Over Accounting for Recall
A defect in GM's internal controls allegedly prevented its accountants from learning about a safety issue for 18 months.