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TAG SEARCH RESULT: General Motors

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January 5, 2016

Mary Barra Named New Chairman of GM

The General Motors Board of Directors has unanimously elected Mary Barra as its next chairman, effective immediately. She succeeds Theodore Solso, who will serve as the board’s lead independent director.

January 4, 2016

GM Teams With Lyft to Build Fleet of Self-Driving Cars

On Monday, ridesharing firm Lyft announced it closed a $1 billion round of funding, half a million of which came from General Motors. The plan, according to the two companies, is to eventually deploy a fleet of GM self-driving vehicle within Lyft’s ride-hailing service.

October 1, 2015

Costco, GM Team Up on Holiday Promotion

For the third year in a row, Costco is teaming with General Motors on a winter Holiday Sales Event that will offer members saving on Chevrolet, Buick, GMC and Cadillac vehicles. The event runs from Oct. 2 through Jan. 4, 2016

September 8, 2015

Apple, Google to Integrate Smartphones with Vehicles

With the 2016 model year, Apple’s CarPlay and Google’s Android Auto will make smartphone integration available with the touch of a steering wheel button.

July 23, 2015

GM Financial's Penetration of GM Retail Sales Grows Globally in Q2

GM Financial's transformation from subprime finance source to GM's captive finance company continued in the second quarter, with GM new-vehicle loans and leases accounting for 83.5% of total originations during the period.

March 12, 2015

GM Announces Modifications to Powertrain Warranty, Maintenance Program

General Motors told its dealers on Wednesday that it is cutting service visits on its free maintenance program and is rolling back coverage terms on its Chevrolet and GMC powertrain warranty.

March 10, 2015

Trading Places

Ally Financial and GM Financial are both entering new phases in their evolution, and the moves they’re making were on display at NADA 2015.

February 5, 2015

GM Financial Triples Share of GM Leases

GM Financial officials said Ally shouldn’t be surprised by GM’s decision to internalize its lease program. The company ended the year with a 50% share of GM’s lease business.

December 30, 2014

Government Loses $9.26 Billion on Auto Bailout

According to a report released by the U.S. Treasury Department this week, the government lost more than $9 billion on its bailout of General Motors Corp., Chrysler LLC and auto lending arms Ally Financial Inc. and Chrysler Financial.

December 9, 2014

November Sales Pace at 17.20 Million-Unit Annual Rate

November total light vehicle sales increased 4.6% from a year ago to more than 1.3 million units. The industry SAAR was also up significantly from a year ago and the month prior, rising to 17.20 million units.