Despite the automaker investing $5.4 billion just one year and a half ago.
Here you will find financial news and information about General Motors.
The Tonawanda facility is receiving $296 million for the “Generation V” engine family.
The developments foreshadow impending job cuts and decreased profitability.
The investment also retains hundreds of jobs.
The results represent a $100 million improvement over the second quarter.
That much is according to Opel chief Karl-Thomas Neumann.
A substantial drop in sales volume and Brexit-related items resulted in the disappointing performance.
North America Division Continues To Carry GM, Accounted For All Earnings Before Interest And Taxes In Q3 2016
A regional EBIT of $3.5 billion over a total company EBIT of $3.5 billion. Here’s how that’s possible.
The deal marks GM’s largest green energy investment yet.
BMW, Volkswagen and other firms have also tossed in their support.
The efforts go hand-in-hand with doubling the lifecycle of GM’s platforms.
Interesting insights surrounding how and where GM will spend money.
Lutz appeared on CNBC and took more than a few shots at Tesla.
38 cents per share on common stock.