Barra's pay falls in 2016 after one-time awardsApril 3
Mary Barra received a 14 percent salary increase in 2016, her third year as General Motors CEO, but total compensation for Barra and each of her top three lieutenants declined because of one-time stock options given out the previous year.
Opel deal caps Ammann's 'ruthless' driveMarch 13
Timeline: A look at Opel from sewing machines to bicycles to cars to PSAMarch 6
GM sells Opel to improve 'overall business profile'March 6
After years of losses that totaled nearly $20 billion, GM will unload Opel and Vauxhall because Europe's geo-political and regulatory climate demands more investment when GM executives see a bigger need to focus on North America, China and emerging technologies. “The mass-market opportunity in Europe is no longer compelling,” GM President Dan Ammann told analysts.
PSA wishes to build on GM's Vauxhall success, UK gov't saysFeb. 17
PSA has told the UK government it would seek to build on the strengths of General Motors' Vauxhall business if the company buys it. However two sources close to PSA told Reuters that plant cuts were part of the company's discussions to buy GM's Opel and Vauxhall brands, with UK sites in the front line.
GM will not 'rationalize' Vauxhall plants, UK minister saysFeb. 16
British business minister Greg Clark said he had been reassured by GM that the automaker did not intend to "rationalize" its Vauxhall operations. Clark made the comments after meeting with GM to discuss its plan to sell Opel/Vauxhall to PSA Group.
GM CEO Barra at Opel HQ for talks with managementFeb. 15
First Shift: Barra visits Opel amid sale talksFeb. 15
GM's Ammann: Open up public streets to autonomous testingFeb. 13
General Motors President Dan Ammann urged more local and state governments to allow testing of autonomous vehicles on public streets, saying doing so is the only way to ensure they will be ready for public use.
GM expects more earnings growth in 2017Jan. 10
GM said it expects earnings per share to rise this year, topping what is expected to be a record profit for 2016, as the company launches high-margin crossovers in North America and grows sales in China.
First Shift: FCA vows vigorous legal defenseOct. 6, 2016
GM, despite record profits, struggles with Wall Street cynicismOct. 5, 2016
GM generates $1 billion in pretax profit a month. Yet the stock market seems unimpressed, assigning the company a market value of just $50 billion. It's one of the more vexing questions Dan Ammann, the company's president, faces every day.