General Motors Archive

General Motors’ stock has 40 percent return potential: Barron’s

Source photo Shares in General Motors Co could return as much a 40 percent, including a 5 percent dividend yield, a year from now when investors start to focus on 2017 per share earnings of $6, according to financial weekly Barron’s on Sunday. Barron’s says GM’s stock should be up “far more” year-to-date than the [&hellip

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GM to pay $420 million in signing bonuses

Source photo General Motors Co. has committed to shelling out $420 million in signing bonuses to lure hourly workers into approving a new four-year wage agreement that largely mirrors a pact struck with Fiat Chrysler Automobiles NV earlier this month. The No. 1 U.S. auto maker is also offering a $60,000 incentive to up to [&hellip

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GM pays $900 mln in U.S. criminal settlement over ignition switches

General Motors Co has agreed to pay $900 million and enter a deferred prosecution agreement to end a U.S. criminal investigation into its handling of defective ignition switches in many of its vehicles and which are linked to 124 deaths. The automaker admitted to failing to disclose to its U.S. regulator and the public a [&hellip

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GM has sufficient scale to do it alone, CEO says

Source photo General Motors boss Mary Barra reiterated on Tuesday that a tie-up with Fiat Chrysler was not in her shareholders’ best interest and the U.S. carmaker has the scale to pursue its investments in new technologies on its own. Fiat Chrysler CEO Sergio Marchionne said earlier this month that seeking a merger with GM [&hellip

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