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Last $35.69 USD
Change Today +0.13 / 0.37%
Volume 3.7K
As of 4:00 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

general motors co (GMM/U) Snapshot

Previous Close
Day High
Day Low
52 Week High
02/12/15 - $39.53
52 Week Low
10/16/14 - $28.83
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for GENERAL MOTORS CO (GMM/U)

general motors co (GMM/U) Related Businessweek News

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general motors co (GMM/U) Details

General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, and Vauxhall brand names, as well as under the Alpheon, Baojun, Jiefang, and Wuling brand names. It also sells cars and trucks to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, the company offers connected safety, security and mobility solutions, and information technology services. The company, through its subsidiary, General Motors Financial Company, Inc., provides automotive financing services. General Motors Company was founded in 1897 and is based in Detroit, Michigan.

216,000 Employees
Last Reported Date: 02/4/15
Founded in 1897

general motors co (GMM/U) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $1.6M
President and Member of Proxy Committee
Total Annual Compensation: $990.5K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $691.7K
Executive Vice President, President of Europe...
Total Annual Compensation: $822.1K
Executive Vice President of Global Product De...
Total Annual Compensation: $846.2K
Compensation as of Fiscal Year 2014.

general motors co (GMM/U) Key Developments

General Motors Company Invests USD 439 Million in Corvette Plant in Bowling Green, Kentucky, United States, to Build New Paint Shop

General Motors (GM) is investing USD 439 million in the Chevrolet Corvette plant in Bowling Green, Kentucky, United States, to build a new paint shop. GM said that the investment would help retain 150 jobs. The 450,000-square-feet paint shop is almost half the size of the entire production facility. Construction of the new paint shop is set to begin this summer and will take about two years to complete, and the project will include substantial technology upgrades. Production of the Corvette will be unaffected by the construction work. The new paint shop will have new tooling and robots, as well as dry scrubber brush technology with limestone technology; LED lighting for process decks; FANUC robots with Versa-bell 3 electrostatic applicators; and longer, high-efficiency baking ovens. Separately, the US National Highway Traffic Safety Administration (NHTSA) has extended a consent order from one year ago for at least another year.

General Motors to Invest $1 Billion in Warren Technical Center Campus

General Motors will invest $1 billion in its Warren Technical Center campus, creating approximately 2,600 new jobs to support future business growth at the National Historic Landmark site. The multiyear project, which is driving new construction on the campus, significant renovations of some existing facilities and expansion of some operations, begins this month with work continuing through 2018. This is an investment in people who work at the Tech Center because it is positioning the company for long-term growth by enabling new levels of innovation and collaboration into workplace. Under current plans, the investment will create approximately 2,600 new GM salaried jobs in core areas like product engineering, IT and design, all areas critical to support future business growth. GMs Warren Technical Center is currently home to more than 19,000 employees. Investment highlights include: Construction of new Design studios Construction of a parking deck for Design employees Rebuilding and renovating some existing R&D facilities Construction of a multi-story IT building adjacent to the current Michigan IT Innovation Center and a new parking deck for Innovation Center employees Construction to accommodate additional testing areas at the Advanced Energy Center Extensive office upgrades including new carpet, paint, furniture, reconfiguration of miscellaneous work areas in most Tech Center buildings, improving the work environment for all campus functions, including the Vehicle Engineering Center or VEC. In addition, GM previously announced $139.5 million for body shop and stamping facility upgrades at its Warren Pre-Production Operations, part of a $5.4 billion investment in U.S. plants announced April 30.

General Motors Wins Dismissal of UAW Retiree Benefit Suit Appeal

A U.S. appeals court upheld the dismissal of a lawsuit by the United Auto Workers union claiming that General Motors Co was required to pay $450 million to cover medical benefits for an affiliate's retirees. A three-judge panel of the 6th U.S. Circuit Court of Appeals in Cincinnati said GM assumed the obligation for the payment two years prior to its 2009 bankruptcy, but a subsequent agreement with the union extinguished the company's responsibility. The payment had been part of a 2007 contract between the old GM, Delphi Automotive and UAW. It was not, however, included in a different contract over medical benefits signed in 2009 by the GM that emerged from Chapter 11 bankruptcy. Chapter 11 reorganizations can allow debtors to reject obligations that predate their bankruptcies. The UAW claimed the new GM owed the money by virtue of Delphi's own emergence from bankruptcy in October 2009. The 6th Circuit, affirming a lower court, said the language of the 2009 agreement made clear that GM did not owe the payment. The case is United Auto Workers v. General Motors LLC, 6th U.S. Circuit Court of Appeals, No. 14-1019.


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GMM/U:CN $35.69 USD +0.13

GMM/U Competitors

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Company Last Change
Bayerische Motoren Werke AG €104.90 EUR -0.215
Daimler AG €89.60 EUR -0.304
Ford Motor Co $15.27 USD -0.24
Honda Motor Co Ltd $34.12 USD -0.02
Nissan Motor Co Ltd ¥1,251 JPY -12.50
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Industry Analysis


Industry Average

Valuation GMM/U Industry Range
Price/Earnings 16.6x
Price/Sales 0.4x
Price/Book 1.6x
Price/Cash Flow 12.3x
TEV/Sales NM Not Meaningful

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