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    EU Competition Authorities Approve Sale Of GM’s Opel To PSA Groupe

EU Competition Authorities Approve Sale Of GM’s Opel To PSA Groupe

Another step in closing the deal by the year's end.
By |July 6th, 2017|Acquisition, Article Type, Business, Costs, Europe, Financial, Market, News, Opel - Vauxhall|Comments Off on EU Competition Authorities Approve Sale Of GM’s Opel To PSA Groupe|
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    GM Says Long-Term Benefits Outweigh Short-Term Costs Of Opel Sale

GM Says Long-Term Benefits Outweigh Short-Term Costs Of Opel Sale

GM now says the charge for the Opel sale will cost $5.5 billion.
By |June 30th, 2017|Article Type, Business, Costs, Decisions, Financial, News, Opel - Vauxhall, Report|Comments Off on GM Says Long-Term Benefits Outweigh Short-Term Costs Of Opel Sale|
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    GM Expects $5.5 Billion Charge To Complete Opel Sale To PSA Groupe

GM Expects $5.5 Billion Charge To Complete Opel Sale To PSA Groupe

Up from its previous estimate of $4.5 billion.
By |June 29th, 2017|Article Type, Business, Costs, Financial, News, Opel - Vauxhall, Report|Comments Off on GM Expects $5.5 Billion Charge To Complete Opel Sale To PSA Groupe|

UBS: GM Probably Loses About $7,400 Per Chevrolet Bolt EV

A teardown analysis of the 2017 Chevrolet Bolt revealed that GM indeed likely loses thousands per car sold.
By |June 21st, 2017|Bolt EV, Business, Chevrolet, Competition, Costs, Electrification, Financial, Green, News, Pricing, Research And Development, Tesla, Video|Comments Off on UBS: GM Probably Loses About $7,400 Per Chevrolet Bolt EV|
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    GM Product Development Chief Predicts Company Will Be First To Make EVs Profitable

GM Product Development Chief Predicts Company Will Be First To Make EVs Profitable

GM Executive VP Mark Reuss says the company is leading the pack with regard to bringing electrification costs down.
By |May 2nd, 2017|Article Type, Bolt EV, Business, Chevrolet, Costs, Electric, Electrification, Engineering & Technology, Executive Insights, Financial, GMA Special, Green, Mark Reuss, News, People, Powertrain, Pricing, Profitability, Research And Development, Weight|Comments Off on GM Product Development Chief Predicts Company Will Be First To Make EVs Profitable|
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    GM International Operations Posts $300 Million Earnings In Third Quarter 2016

GM International Operations Posts $300 Million Earnings In Third Quarter 2016

The results represent a $100 million improvement over the second quarter.
By |November 22nd, 2016|Asia, Business, China, Costs, Development, Earnings, Financial, Market, Profitability|Comments Off on GM International Operations Posts $300 Million Earnings In Third Quarter 2016|
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    Exit From Russian Market, Brexit Could Impede GM-Opel Profitability

Exit From Russian Market, Brexit Could Impede GM-Opel Profitability

That much is according to Opel chief Karl-Thomas Neumann.
By |November 21st, 2016|Article Type, Business, Costs, Development, Earnings, Europe, Financial, Karl-Thomas Neumann, Market, News, Opel - Vauxhall, People|Comments Off on Exit From Russian Market, Brexit Could Impede GM-Opel Profitability|

GM Europe Posts $100 Million Loss In Third Quarter 2016

A substantial drop in sales volume and Brexit-related items resulted in the disappointing performance.
By |November 19th, 2016|Article Type, Business, Costs, Development, Earnings, Europe, Financial, Market, News, Opel - Vauxhall|Comments Off on GM Europe Posts $100 Million Loss In Third Quarter 2016|
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    Longer-Term Supplier Contracts, Higher Efficiency Material Usage Part Of GM’s Cost-Cutting Strategy

Longer-Term Supplier Contracts, Higher Efficiency Material Usage Part Of GM’s Cost-Cutting Strategy

GM Renaissance Center - GM Ren Cen - Winter 2016 012
The efforts go hand-in-hand with doubling the lifecycle of GM’s platforms.
By |October 28th, 2016|Article Type, Business, Costs, Daniel Ammann, Development, Financial, News, People|Comments Off on Longer-Term Supplier Contracts, Higher Efficiency Material Usage Part Of GM’s Cost-Cutting Strategy|
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    Bob Lutz Says ‘Tesla Supporters Are Like Members Of A Religious Cult’

Bob Lutz Says ‘Tesla Supporters Are Like Members Of A Religious Cult’

Lutz appeared on CNBC and took more than a few shots at Tesla.
By |October 27th, 2016|Article Type, Bob Lutz, Business, Competition, Costs, Earnings, Financial, News, People, Profitability, Report, Stock, Tesla|Comments Off on Bob Lutz Says ‘Tesla Supporters Are Like Members Of A Religious Cult’|