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.
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.
GM’s Record Profits Don’t Impress Wall Street
“The bears argue the industry in the U.S. has peaked and is ready to roll over," says GM's CFO Chuck Stevens. "We don't subscribe to that view."
GM: The Road Ahead
CFO Chuck Stevens discusses major financial, strategic, and cultural changes under way at General Motors.
GM Aims for a 20% ROIC
The return on invested capital goal is part of a new "capital allocation framework" that will "return all available free cash flow to shareholders."
Hurting from Recall, GM Reveals Margin-Boosting Plan
CEO Barra looks to new products, China sales, Europe restructuring and cost savings to right the ship.
U.S. Treasury Denies GM and Ally Execs Were Overpaid
In 2013, the Treasury Department loosened compensation limits for the top 25 executives at GM and Ally Financial. But did it loosen them too much?