GM Financial Reports First Quarter 2020 Operating Results
May 6, 2020
(“GM Financial” or the “Company”) announced net income of $167 million for the quarter ended March 31, 2020, compared to $377 million for the quarter ended December 31, 2019, and $271 million for the quarter ended March 31, 2019. Retail loan originations were $6.5 billion for the quarter ended March 31, 2020, c ... Continue reading
Nutson's Auto News Nuggets - A Recap Of Key Automotive News Week Ending April 18, 2020
Apr 19, 2020
Wuhan Virus Grips USA and World; Auto Sales In The Tank, Auto Sales Now Essential, Manufacturers Wuhan Virus Responses, C.A.R. Goes Virtual, Cadillac Blackwing Coming, NASCAR, E Grand Prix Updates, Pony.AI ... Continue reading
Ultra-Performance Cadillac's Named CT4-V Blackwing and CT5-V Blackwing
Apr 14, 2020
Cadillac today announced that the fourth generation of its V-Series sub-brand, currently spearheaded by the 2020 CT4-V and CT5-V, will eventually include ultra-performance variants that carry the Blackwing name. The future, track-capable vehicles will be called CT4-V Blackwing and CT5-V Blackwing, representing the apex ... Continue reading
Nutson's Auto News Nuggets - A Recap Of Key Automotive News Week Ending April 11, 2020
Apr 12, 2020
Covid-19 Affecting Auto World; Rivian Delays Launch; Ford Delays Bronco Sport; Ford GM On War Footing; Research Says EV Will Be More Popular Because Of Virus; Big Problems for UBER and LYFT; Good News and Bad For Autonomous Taxis; F1 Pilot Sir Stirling Moss Makes Final Pass; RIP Car Exec James McLernon ... Continue reading
GM to Share Face Mask Production Plans
Apr 11, 2020
Due to surging demand for face masks, GM is also increasing production capability at its Warren, Michigan plant to fight COVID-19 pandemic DETROIT – Based on the overwhelming number of requests for face masks for frontline workers, GM is increasing its production capacity for face masks at its Warren, Michigan facili ... Continue reading
GM Mobilizes to Support Communities Amid Coronavirus Pandemic
Apr 11, 2020
In response to the constantly-evolving challenges brought on by the coronavirus pandemic, General Motors has acted swiftly, harnessing its scale to provide frontline workers with the ventilators and supplies they need to respond to this global crisis. Simultaneously, GM has taken measures to bolster communities across ... Continue reading
Nutsons' Weekly Auto News Wrap-up - Week Ending April 4, 2020
Apr 5, 2020
* COVID-19 Oh My - March Sales Bad April Sales Worse?, SAFE Replaces CAFE Fuel Standards; Gas Prices FALLING; Car Makers React To Virus; Stay At Home And TACH ... Continue reading
Apr 2, 2020
Honda will develop unique interior and exterior designs for Honda customers EVs will be produced on GM’s flexible global EV platform to increase scale and capacity utilization General Motors and Honda have agreed to jointly develop two all-new electric vehicles for Honda, based on GM’s highly flexible global EV pla ... Continue reading
GM Announces 1Q 2020 Sales Results
Apr 1, 2020
General Motors announced today that it delivered 618,335 vehicles in the first quarter of 2020, a decrease of about 7 percent compared to a year ago. The industry experienced significant declines in March due to the outbreak of COVID-19. ... Continue reading
Nutsons Auto News Weekly Wrap-up - Week Ending March 28, 2020
Mar 29, 2020
Links to full versions of today's news nuggets along with the past 25 year's automotive news, articles, reviews and archived stories residing in <a href="https://www.theautochannel.com/search/results.html?q=">The Auto Channel Automotive News Library</a> can be found by just copying and then inserting the main headline ... Continue reading
GM and Ventec Life Systems Ventalator Statement
Mar 26, 2020
GM and Ventec Life Systems, in cooperation with StopTheSpread.org, the nation's coordinated private sector response to the COVID-19, are collaborating to enable Ventec to increase production of its respiratory care products to support the growing fight against the COVID-19 pandemic. Ventec will leverage GM’s logistic ... Continue reading
General Motors Fortifies Balance Sheet in Response to COVID-19
Mar 26, 2020
General Motors announced that it intends to drawdown approximately $16.0 billion from its revolving credit facilities. This is a proactive measure to increase GM’s cash position and preserve financial flexibility in light of current uncertainty in global markets resulting from the COVID-19 pandemic. ... Continue reading
Nutson's Auto News Digest - Week Ending March 21, 2020
Mar 22, 2020
Corona Virus Takes Center Stage this Week ... Continue reading
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