GM goes dark on output stats, causes stir 12:01 am U.S. ET | June 17, 2013  General Motors' decision to stop publicly disclosing monthly production numbers has touched off concern among industry analysts and economists, as well as suppliers that rely on the data for their production plans.... Read More »
CFO says GM streamlining is 'on its way' 12:01 am U.S. ET | May 20, 2013  As a banking adviser to General Motors when he was at Morgan Stanley, Dan Ammann got an upfront view of GM's spiral into bankruptcy in 2009 and subsequent restructuring. Now, more than two years into his job as CFO, Ammann acknowledges that he had only a faint idea at the time of how complex GM is.... Read More »
GM CFO: Cadillac won't chase 'volume at all costs' 5:45 pm U.S. ET | May 13, 2013  General Motors CFO Dan Ammann says Cadillac will steer clear of what he sees as a "volume-at-all-costs mentality" among competitors battling for the luxury sales crown.... Read More »
GM makes progress on Europe turnaroundMay 3, 2013 10:40 CET  GM is making progress in restructuring its money-losing Opel/Vauxhall unit in Europe, but the automaker has a long way to go, analysts say. GM's first-quarter pretax loss in Europe narrowed while rival Ford's loss widened sharply.... Read More »
GM's liquidating trust settlement talks fail 10:34 am U.S. ET | March 19, 2013  The trust liquidating General Motors' old assets in bankruptcy said settlement talks with a group of note holders failed, in a lawsuit over how hedge funds made claims in the company's 2009 bankruptcy.... Read More »
GM execs receive 324,489 restricted stock units 4:08 pm U.S. ET | March 5, 2013 Eight top GM executives have been awarded more than 324,000 restricted stock units that vest over the next three years, according to regulatory documents filed today.... Read More »
GM sees global profits rising 'modestly' with 2013 modelsJan. 16, 2013 06:01 CET  GM, on the verge of reporting a 12th straight quarterly profit, forecasts 2013 profit rising "modestly" as new models meet expanding global demand.... Read More »
GM sees global profits rising 'modestly' with 2013 models 5:04 pm U.S. ET | Jan. 15, 2013  GM, on the verge of reporting a 12th straight quarterly profit, forecast 2013 profit rising "modestly" as new models meet expanding global demand.... Read More »
GM secures $11 billion line of credit 9:06 am U.S. ET | Nov. 5, 2012  General Motors said it clinched an $11 billion revolving credit facility, further strengthening the largest U.S. automaker's balance sheet.... Read More »
GM mulls merging Opel with PSA's auto operations, sources sayOct. 15, 2012 06:01 CET  GM and PSA are exploring ways to combine their European operations in a second phase of the alliance they forged earlier this year, sources said. One option is for GM's Opel/Vauxhall unit to merge with PSA's automotive operations.... Read More »
GM's finance chief says creditor suit may harm company 4:34 pm U.S. ET | Sept. 27, 2012  General Motors CFO Daniel Ammann, who advised the automaker on the eve of its 2009 bankruptcy while working as a Morgan Stanley banker, said a lawsuit over some Canadian notes may harm the company by as much as $918 million, or 50 cents a share.... Read More »
GM CFO: Too soon to know whether Europe is stabilizingSept. 14, 2012 20:47 CET  It is not clear whether the weak European automotive market is stabilizing, but executives in the industry are talking more than ever about reducing capacity to match lower demand in the region, General Motors CFO Dan Ammann said.... Read More »
GM CFO: Too soon to know whether Europe is stabilizing 2:47 pm U.S. ET | Sept. 14, 2012  It is not clear whether the weak European automotive market is stabilizing, but executives in the industry are talking more than ever about reducing capacity to match lower demand in the region, General Motors CFO Dan Ammann said today.... Read More »
GM seen planning global reorganization to tackle 'fiefdoms'Aug. 17, 2012 10:34 CET  GM CEO Dan Akerson is planning a reorganization of the automaker that would move it away from long-entrenched regional authority toward a structure built on global functions, said two people familiar with the planning.... Read More »
GM CFO races to 'make a difference' before 'window' shuts 12:01 am U.S. ET | July 21, 2012  Dan Ammann wants it understood he's not one of the gray-suited "bean counters" who once dominated, and nearly destroyed, GM.... Read More »
GM's Opel turnaround plan to skirt big job cuts 3:55 pm U.S. ET | June 26, 2012  Opel's management will present a comprehensive turnaround plan to its board on Thursday that spans everything from model strategy through brand positioning to new export markets, while avoiding the delicate issue of job cuts in Germany.... Read More »
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