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Tag: Paul Jacobson

GM secures new  billion credit line as UAW strike costs reach 0 million

GM secures new $6 billion credit line as UAW strike costs reach $200 million

October 4, 2023October 4, 2023 · Business

DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union. “The facility that…

Read more GM secures new $6 billion credit line as UAW strike costs reach $200 million
General Motors raises full-year guidance, announces deeper cost-cutting

General Motors raises full-year guidance, announces deeper cost-cutting

July 25, 2023July 25, 2023 · World News

Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors is raising its 2023 guidance for a second time this year after…

Read more General Motors raises full-year guidance, announces deeper cost-cutting
GM smashes expectations and guides toward a strong 2023, despite margin squeeze

GM smashes expectations and guides toward a strong 2023, despite margin squeeze

January 31, 2023January 31, 2023 · World News

Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors handily beat Wall Street’s top- and bottom-line expectations for the fourth quarter,…

Read more GM smashes expectations and guides toward a strong 2023, despite margin squeeze
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