DETROIT and SEOUL, Aug. 6, 2025 /PRNewswire/ -- Hyundai Motor Company and General Motors announced plans for their first five co-developed vehicles, marking a significant milestone in their previously announced strategic collaboration.
The two companies will co-develop four vehicles for the Central and South American market, including a compact SUV, car and pick-up, as well as a mid-size pick-up, all with the flexibility to use either internal combustion or hybrid propulsion systems. Hyundai and GM also will co-develop an electric commercial van for North America.
Noveon Magnetics Delivering Sintered NdFeB Magnets to Support Iconic GM Internal Combustion Engine Vehicle Lines and Fortify Domestic Supply Chains
SAN MARCOS, Texas, Aug. 6, 2025 /PRNewswire/ -- Noveon Magnetics today announced a multi-year supply agreement with General Motors (NYSE: GM) to deliver rare earth magnets to support a wide range of GM vehicle components. Noveon started production immediately and magnet deliveries began in July 2025. The deal marks another major milestone to building a resilient domestic supply chain to support the future of American automotive manufacturing.
DETROIT, July 22, 2025 /PRNewswire/ -- General Motors (NYSE: GM) today reported second-quarter 2025 revenue of $47.1 billion, net income attributable to stockholders of $1.9 billion, and EBIT-adjusted of $3.0 billion. GM's full-year financial guidance is unchanged.
An overview of quarterly results and financial highlights appears below. Visit the GM Investor Relations website to download the company's earnings deck and GM Chair and CEO Mary Barra's Letter to Shareholders.
Conference call for investors and analysts
DETROIT, July 21, 2025 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a quarterly cash dividend on the company's outstanding common stock of $0.15 per share, payable Sept. 18, 2025, to holders of the Company's common stock at the close of trading on Sept. 5, 2025.
General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.
Following streaming success of Emmy-award-winning Brawn: The Impossible Formula 1 Story, the actor takes F1 enthusiasts inside the high-stakes journey of building and launching the groundbreaking American Formula 1® team.
Team owners, TWG Motorsports and General Motors, to give North One exclusive access.
Series to air before Cadillac Formula 1® Team's inaugural race in Melbourne in March 2026.
INDIANAPOLIS and SILVERSTONE, England, July 2, 2025 /PRNewswire/ -- Filmmaker and longtime motorsport enthusiast Keanu Reeves today announced a new multi-part, unscripted documentary series produced in partnership with North One, part of the All3Media group, that showcases the behind-the-scenes story of the Cadillac Formula 1® Team's effort to join the pinnacle of world motorsport. Made possible by exclusive access from Cadillac Formula 1® Team, TWG Motorsports and General Motors (GM), the series traces the creation of the sport's newest and uniquely American team as it prepares for its debut at the 2026 FIA Formula 1 World Championship™ season opener in Melbourne.
Following streaming success of Emmy-award-winning Brawn: The Impossible Formula 1 Story, the actor takes F1 enthusiasts inside the high-stakes journey of building and launching the groundbreaking American Formula 1® team.
Team owners, TWG Motorsports and General Motors, to give North One exclusive access.
Series to air before Cadillac Formula 1® Team's inaugural race in Melbourne in March 2026.
INDIANAPOLIS and SILVERSTONE, England, July 2, 2025 /PRNewswire/ -- Filmmaker and longtime motorsport enthusiast Keanu Reeves today announced a new multi-part, unscripted documentary series produced in partnership with North One, part of the All3Media group, that showcases the behind-the-scenes story of the Cadillac Formula 1® Team's effort to join the pinnacle of world motorsport. Made possible by exclusive access from Cadillac Formula 1® Team, TWG Motorsports and General Motors (GM), the series traces the creation of the sport's newest and uniquely American team as it prepares for its debut at the 2026 FIA Formula 1 World Championship™ season opener in Melbourne.
DETROIT and WILMINGTON, Del., May 20, 2025 /PRNewswire/ -- General Motors is redesigning its GM Rewards™ loyalty program and announcing the launch of the GM Rewards™ Mastercard® from Barclays US Consumer Bank. The revamped loyalty program is simpler, and the new card provides customers more ways to earn and redeem GM Rewards points across GM brands for new vehicles, services, parts and accessories.
The combination of ST's Teseo chipsets with FocalPoint's S-GNSS® Auto software delivers enhanced GNSS accuracy in challenging environments
CAMBRIDGE, England, May 20, 2025 /PRNewswire/ -- FocalPoint, a UK-based software company providing next-gen positioning solutions for automotive, wearables and smartphones, has announced a strategic collaboration with STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications. The joint offering provides automotive OEMs a combined solution that enhances navigation performance by improving GNSS reliability and accuracy — key to making autonomous vehicles safer.
DETROIT, May 5, 2025 /PRNewswire/ --General Motors (NYSE: GM) announced today the pricing of three series of senior unsecured fixed rate notes for a total of $2.0 billion. These notes include $750.0 million of 5.350% notes due in 2028, $750.0 million of 5.625% notes due in 2030 and $500.0 million of 6.250% notes due in 2035. The offering is expected to settle on May 7, 2025.
GM intends to use the net proceeds from the sale of the notes for general corporate purposes, including to refinance a portion of the $1.25 billion outstanding of its 6.125% senior notes maturing on October 1, 2025, and fund a portion of the $1.8 billion five-year term loan it has agreed to make to Ultium Cells LLC, its joint venture with LG Energy Solution, to facilitate full voluntary prepayment of loans Ultium Cells LLC received under the U.S. Department of Energy's Advanced Technology Vehicles Manufacturing program.
DETROIT, May 5, 2025 /PRNewswire/ -- General Motors (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale of the notes for general corporate purposes, including to refinance a portion of the $1.25 billion outstanding of its 6.125% senior notes maturing on October 1, 2025, and fund a portion of the $1.8 billion five-year term loan it has agreed to make to Ultium Cells LLC, its joint venture with LG Energy Solution, to facilitate full voluntary prepayment of loans Ultium Cells LLC received under the U.S. Department of Energy's Advanced Technology Vehicles Manufacturing program.
DETROIT, April 29, 2025 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a quarterly cash dividend on the company's outstanding common stock of $0.15 per share, payable June 19, 2025, to holders of the Company's common stock at the close of trading on June 6, 2025. This represents a $0.03 increase over GM's previous quarterly dividend.
General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.
PHOENIX, April 21, 2025 /PRNewswire/ -- General Motors presented Walbridge with a 2024 Supplier of the Year and Overdrive Award at GM's 33rd annual Supplier of the Year event in Phoenix, Arizona on April 8, 2025. Walbridge is one of only four suppliers to receive both awards this year.
"We are incredibly honored to be recognized as Supplier of the Year for the seventh consecutive year and earn the Overdrive Award this year – a reflection of our team's long-standing commitment to deliver an exceptional customer experience," said Walbridge CEO Mike Haller. "These recognitions speak to the strength of our trusted partnership and shared focus to build world-class facilities that support growth and innovation, and we're excited to continue building the future together."
NEW YORK and NEW ORLEANS, April 18, 2025 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into General Motors Company (NYSE: GM).
Since at least as early as November 2020, GM's products have been the subject of multiple recalls because of defective airbag components in the Company's vehicles, exposing the Company to various global lawsuits. Cruise LLC ("Cruise") is GM's majority-owned global segment responsible for the development and commercialization of autonomous vehicle ("AV"), i.e., driverless. technology. On October 5, 2023, the National Highway Traffic Safety Administration held a public hearing to recommend a recall of more than 50 million airbag inflators designed by ARC Automotive linked to potentially deadly explosions. The Company was among the most exposed to this potential recall, with at least 20 million vehicles built with the ARC airbag inflator in question. Then, on October 26, 2023, following the suspension of Cruise's deployment and driverless testing permits by the California Department of Motor Vehicles, Cruise disclosed that it would pause all of its AV operations across the country "while we take time to examine our processes, systems, and tools and reflect on how we can better operate in a way that will earn public trust."
INDIANAPOLIS and SILVERSTONE, England, March 7, 2025 /PRNewswire/ -- It's official: the Cadillac Formula 1 Team has received final approval to join the pinnacle of motorsport. Backed by TWG Motorsports and General Motors (GM), the team will join the FIA Formula One World Championship grid in March 2026.
The Cadillac Formula 1 Team, backed by TWG Motorsports and GM, has received final approval to join the F1 grid in 2026.Today, the FIA and Formula 1 announced that the Cadillac Formula 1 Team has met their requirements to join the existing 10 teams starting next year.
INDIANAPOLIS and SILVERSTONE, England, March 7, 2025 /PRNewswire/ -- It's official: the Cadillac Formula 1 Team has received final approval to join the pinnacle of motorsport. Backed by TWG Motorsports and General Motors (GM), the team will join the FIA Formula One World Championship grid in March 2026.
Today, the FIA and Formula 1 announced that the Cadillac Formula 1 Team has met their requirements to join the existing 10 teams starting next year.
"Today marks a transformative moment, and I am proud to lead the Federation in this progressive step for the championship," said FIA President Mohammed Ben Sulayem. "The FIA Formula One Championship's expansion to an 11th team in 2026 is a milestone. GM/Cadillac brings fresh energy, aligning with the new FIA 2026 regulations and ushering in an exciting era for the sport.
DETROIT, Feb. 26, 2025 /PRNewswire/ -- General Motors (NYSE: GM) today announced that its Board of Directors has approved a $0.03 per share increase in the quarterly common stock dividend rate beginning with the next planned dividend, as well as a new $6 billion share repurchase authorization. The company has entered into an accelerated share repurchase (ASR) program to execute $2 billion of the share repurchase authorization.
"The GM team's execution continues to be strong across all three pillars of our capital allocation strategy, which are to reinvest in the business for profitable growth, maintain a strong investment grade balance sheet, and return capital to our shareholders," said Mary Barra, chair and CEO. "We are growing our business thanks to our broad, deep, and compelling portfolio of ICE vehicles and EVs. At the same time, we are investing our capital in a disciplined and consistent way to continue generating strong margins and cash flows."
DETROIT, Jan. 28, 2025 /PRNewswire/ -- General Motors (NYSE: GM) today reported full-year 2024 net income attributable to shareholders of $6.0 billion and EBIT-adjusted of $14.9 billion. Fourth-quarter 2024 net income attributable to shareholders was a loss of $3.0 billion and EBIT-adjusted was $2.5 billion.
Fourth quarter net income was reduced by more than $5 billion in special charges driven primarily by $4 billion of non-cash restructuring charges and impairment of our interests in certain China Joint Ventures, and $0.5 billion in charges related to the decision to stop funding the Cruise robotaxi business.
DETROIT, Jan. 27, 2025 /PRNewswire/ -- General Motors (NYSE: GM) announced today that its Board of Directors has declared a quarterly cash dividend on the company's outstanding common stock of $0.12 per share, payable March 20, 2025, to holders of the Company's common stock at the close of trading on March 7, 2025.
General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.
WASHINGTON, Jan. 7, 2025 /PRNewswire/ -- GM Defense is providing next generation Suburban Shield armored vehicles to the Qatar Armed Forces and Special Forces Command for protected diplomatic security and VIP transport.
The Suburban Shield is based on General Motors' full-size pickup truck and sport utility vehicle architecture. The vehicle features a high percentage of commercial parts, including the body, exterior, propulsion, interior, and brakes.
Suburban Shield includes a new and unique body-on-frame chassis and suspension system, designed to support increased vehicle weight and performance requirements. The vehicle leverages digital engineering and GM's global quality management system to realize efficiencies throughout the development phase while ensuring the highest levels of quality and performance.
WASHINGTON, Jan. 7, 2025 /PRNewswire/ -- GM Defense is providing next generation Suburban Shield armored vehicles to the Qatar Armed Forces and Special Forces Command for protected diplomatic security and VIP transport.
The Suburban Shield is based on General Motors' full-size pickup truck and sport utility vehicle architecture. The vehicle features a high percentage of commercial parts, including the body, exterior, propulsion, interior, and brakes.
Die hier zur Verfügung gestellten Informationen unterliegen keiner redaktionellen Bearbeitung. Die Aufbereitung erfolgt vollautomatisch und wird durch Zusatzinformationen und weiterführende Recherchemöglichkeiten angereichert. Ziel der Inhalte ist die schnelle und unkomplizierte Versorgung der Informationssuchenden mit den für sie relevanten Informationen. Durch eine Rückverlinkung auf den Informationsanbieter und -eigentümer ist sichergestellt, dass die hier aufbereiteten Daten bei Bedarf mit den Quellinformationen abgeglichen werden können. Das Newsboard zeigt keine Informationen in Echtzeit. Diese bitten wir bei Bedarf beim Börsenbetreiber abzurufen. Es besteht kein Anspruch auf Vollständigkeit. Hochverfügbarkeit kann nicht gewährleistet werden. Sollten Sie Fehler in der Funktionsweise bemerken, teilen Sie uns diese über das weiter unten befindliche Formular "Report a Bug" mit.
RAW DATA PROCESSING bedeutet, dass Rohdaten verarbeitet werden, ohne den Inhalt zu verändern. Um die Interpretation der Information im Sinne der Nutzbarkeit zu verbessern, werden die Daten ergänzt.
Hinweis: Über das Newswire-Crosslink-Panel im oberen Bereich gelangen Sie schnell und bequem zu weiteren Informationsquellen. Im Terminalview sind die Nachrichten auf Unternehmensebene gefiltert und ermöglich darüber gezielte Recherchen.
Wir bedanken uns im Namen der Trading-Community bei den Betreibern der Handelsplätze für die Bereitstellung von Informationsdiensten.