-
Recent Posts
- Trump Tariff Flops – December Goods Trade Deficit Up $15.7B
- Tennessee Triumph – VW Workers Ratify UAW Contract!
- Sting Operations Hit ~550 CDL Training Schools
- Average Gallon Price for Gasoline Drops Slightly, But…
- February 2026 U.S. Vehicle Sales Forecast is Down Again
- Sustainable Energy in America – Mixed Progress in 2025
- GM Canada – C$63M Outlay in Oshawa Assembly
- EV Owner Satisfaction at New High Amid Sales Slump
- Audi Revolut F1 Team and Fanwear Launched
- Toyota bZ Woodland Mid-Size SUV EV Priced at $45,300
- CAFE Regs Intact Post Trump Endangerment Finding Repeal
- First Look – 2027 Volkswagen Atlas Prototype
- Park Outside – More Jaguar I-PACE Battery Fire Recalls
- Magna Posts 2025 EBIT of $2,364 Million
- Trump’s EPA Kills Greenhouse Gas Endangerment Finding
Recent Comments
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
- Laverne Oliver on Ford Fuel Injector Leak Recall Now at ~694,000
Archives
Meta
Tag Archives: J.P. Morgan
GM Board OK’s New Share Repurchases, Higher Dividends
“The GM team’s execution continues to be strong across all three pillars of our capital allocation strategy, which are to reinvest in the business for profitable growth, maintain a strong investment grade balance sheet, and return capital to our shareholders,” said Mary Barra, chair and CEO. Continue reading →
Posted in auto news, economy, financial results, mobility company, news analysis
|
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Barclays, GM share repurchase authorization, J.P. Morgan, Ken Zino, mary barra, Paul Jacobson, X @KenAutoinformed
|
Leave a comment
Milestones – 1908 Billy Durant Founds GM
William “Billy” Crapo Durant founded General Motors this week on 16 September 1908 with Buick as the cornerstone. Durant soon brought Oldsmobile, Cadillac, Oakland (Pontiac predecessor) and two dozen other companies under a GM holding company. However, Durant lost control of the company to bankers in 1910 after his money supply was cut off. To get new financing, Durant, while remaining a GM vice president, relinquished control of the company to a new board comprised of bankers, but in those days GM was running without taxpayer subsidies or bailouts.
“The business philosophy was simple and as history shows enormously successful. One company – General Motors – would own and sell multiple brands making for greater growth and profits. It proved true,” said AutoCrat. Continue reading →