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  1. Automotive Industry & GM News
    The automotive world is headed into a tumultuous period, so GM is preparing itself by trying to have as much cash on hand as possible. "We are aggressively pursuing austerity measures to preserve cash and are taking necessary steps in this changing and uncertain environment to manage our...
  2. Automotive Industry & GM News
    GM Financial is expected to start contributing big dollars to the automaker's bottom line, including a large dividend this year. Just in time to help pay for new and upcoming tech like electrified and autonomous vehicles. It's the captive finance arm of General Motors. The part of the company...
  3. Automotive Industry & GM News
    After selling off its European operations early last week, General Motors says it's interested in cutting more underperforming segments of its global business in a ruthless drive to boost profits and stock price. CEO Mary Barra made it quite clear in the aftermath of the Opel deal that GM...
  4. Automotive Industry & GM News
    Earlier today the General announced a Q2 net income increase of $2.9 billion, up 157 percent compared to $1.1 billion this time last year. "This was an outstanding quarter for GM," CEO Mary Barra said in a statement. "We'll continue to focus on driving profitable growth and leveraging our...
  5. Automotive Industry & GM News
    It's a party line from the General we've all come to know well, "reduce fleet sales to rental companies because retail is more profitable." But as Mrs. Mary sings the virtues of the strategy, it would seem some share is more equal than others. "Our rental reduction strategy is clearly...
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