secwatch / observer

General Motors Co — fact timeline

Source-grounded facts extracted from General Motors Co's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GM General Motors Co JSON

Jonathan McNeill departed as Director at General Motors Co.

“On May 26, 2026, Jonathan McNeill, a member of the Board of Directors (the “Board”) of General Motors Company (the “Company”), notified the Board that he will not stand for reelection as a director at the Company’s 2026 Annual Meeting of Shareholders to be held on June 2, 2026 (the “Annual Meeting”) and will retire from the Board upon the conclusion of the Annual Meeting.”
Earnings Releases

General Motors Co reported first-quarter 2026 results: revenue $43.6 billion, net income $2.6 billion. Guidance raised.

“GM releases 2026 first-quarter results, declares quarterly dividend DETROIT – General Motors (NYSE: GM) today reported first-quarter 2026 revenue of $43.6 billion, net income attributable to stockholders of $2.6 billion, and EBIT-adjusted of $4.3 billion. The company is raising its full-year 2026 EBIT adjusted guidance due to a favorable adjustment of approximately $0.5 billion resulting from the U.S. Supreme Court decision regarding certain U.S. tariffs that were paid under the International Emergency Economic Powers Act.”
Debt Financings

General Motors Co incurred revolving credit of $2.0 billion with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR loans, Daily Simple SOFR loans or an applicable margin maturing March 22, 2027.

“agent, the other lenders named therein, and General Motors Financial Company, Inc. (the “364-Day Facility”). The 364-Day Facility is unsecured, consists of a 364-day, $2.0 billion facility and matures on March 22, 2027. The 364-Day Facility is available to GM as well as certain of its wholly owned subsidiaries. However, GM has allocated the 364-Day”
Restructurings & Charges

General Motors Co announced a impairment with charges of $1.6 billion affecting GM North America (GMNA).

“On October 7, 2025, the Audit Committee of the Company’s Board of Directors approved charges of $1.6 billion in GM North America (GMNA) in the three months ended September 30, 2025, based on a planned strategic realignment of our EV capacity and manufacturing footprint to consumer demand.”
Governance Changes

General Motors Co: Amended and restated Certificate of Incorporation to limit officer liability, remove obsolete provisions, and provide clarifications (effective 2025-06-03).

“On June 3, 2025, General Motors Company (the "Company") held its 2025 Annual Meeting of Shareholders (the "Annual Meeting"). At the Annual Meeting, GM shareholders approved the adoption of the Company's amended and restated Certificate of Incorporation (the "Amended and Restated Certificate of Incorporation") to limit the liability of certain officers of the Company in specific circumstances as permitted under the Delaware General Corporation Law, remove inapplicable and obsolete provisions, and provide clarification in certain provisions”
Debt Financings

General Motors Co amended revolving credit with JPMorgan Chase Bank, N.A., as administrative agent at based on prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR maturing March 24, 2026.

“On March 25, 2025, General Motors Company (“GM”) entered into a Fifth Amended and Restated 5-Year Revolving Credit Agreement, a Sixth Amended and Restated 3-Year Revolving Credit Agreement and a Seventh Amended and Restated 364-Day Revolving Credit Agreement”
Debt Financings

General Motors Co amended revolving credit with JPMorgan Chase Bank, N.A., as administrative agent at based on prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR maturing March 25, 2028.

“On March 25, 2025, General Motors Company (“GM”) entered into a Fifth Amended and Restated 5-Year Revolving Credit Agreement, a Sixth Amended and Restated 3-Year Revolving Credit Agreement and a Seventh Amended and Restated 364-Day Revolving Credit Agreement”
Debt Financings

General Motors Co amended revolving credit with JPMorgan Chase Bank, N.A., as administrative agent at based on prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR maturing March 25, 2030.

“On March 25, 2025, General Motors Company (“GM”) entered into a Fifth Amended and Restated 5-Year Revolving Credit Agreement, a Sixth Amended and Restated 3-Year Revolving Credit Agreement and a Seventh Amended and Restated 364-Day Revolving Credit Agreement”
Restructurings & Charges

General Motors Co announced a impairment with charges of $2.6–2.9 billion affecting SAIC General Motors Corporation Limited (SGM) equity interest in China JVs.

“to stabilize market share and focus on profitability, and expects to (i) record an other than temporary impairment of our equity interest in the China JVs in the range of $2.6–2.9 billion in the three months ending December 31, 2024, and (ii) recognize additional equity losses of approximately $2.7 billion resulting from the implementation of SGM’s”
Governance Changes

General Motors Co: Removed requirement that a proxy access shareholder nominee must provide an irrevocable resignation letter subject to certain conditions; also made administrative and clarifying updates (effective 2024-10-04).

“On October 4, 2024, the Board of Directors (the “Board”) of General Motors Company (the “Company”) approved amendments to the Company’s Bylaws (the “Amended and Restated Bylaws”), which became effective immediately.”

Alfred F. Kelly, Jr. was elected as Director at General Motors Co.

“announced the election of Alfred F. Kelly, Jr. to GM’s Board of Directors (the “Board”) effective as of September 3, 2024.”

Alfred F. Kelly, Jr. was elected as Member of the Board at General Motors Co.

“On September 3, 2024, the Board of Directors (the “Board”) of General Motors Company (“GM”) elected Alfred F. Kelly, Jr. as a member of the Board.”

Grant M. Dixton was appointed as Executive Vice President and Chief Legal and Public Policy Officer at General Motors Co.

“the Board elected Grant M. Dixton to succeed Mr. Glidden and serve as the Company's Executive Vice President and Chief Legal and Public Policy Officer”

Craig B. Glidden changed role as Executive Vice President and Strategic Advisor; also President and CAO of Cruise at General Motors Co.

“the Board approved the election of Craig B. Glidden to a new role as the Company's Executive Vice President and Strategic Advisor, a position he will hold through December 31, 2024. He will also remain the President and Chief Administrative Officer of GM Cruise Holdings LLC”
Earnings Releases

General Motors Co reported first-quarter 2024 results: revenue $43.0 billion, net income $3.0 billion, EPS $2.62. Guidance raised.

“GM Releases 2024 First-Quarter Results and Raises Full-Year Guidance DETROIT – General Motors Co. (NYSE: GM) today reported first-quarter 2024 revenue of $43.0 billion, net income attributable to stockholders of $3.0 billion and EBIT-adjusted of $3.9 billion. GM is also updating its 2024 full-year earnings guidance:”
Debt Financings

General Motors Co incurred revolving credit of $2.0 billion with JPMorgan Chase Bank, N.A., as administrative agent at prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR loans or maturing March 27, 2025.

“agent, Bank of America, N.A., as co-syndication agent, and the lenders named therein (the “Renewed Facility”). The Renewed Facility is unsecured and consists of a 364-day, $2.0 billion facility and matures on March 27, 2025. The Renewed Facility is available to GM as well as certain of its wholly owned subsidiaries. However, GM has allocated the Renewed”
Material Agreements

General Motors Co terminated November Facility with Bank of America, N.A., as administrative agent, and the other lenders named therein valued at $3.0 billion (effective 2024-03-28).

“On March 28, 2024, the Company terminated its $3.0 billion 364-Day Delayed Draw Term Loan Credit Agreement, dated as of November 29, 2023, with Bank of America, N.A., as administrative agent, and the other lenders named therein (the "November Facility").”
Earnings Releases

General Motors Co reported Full Year 2024 results: net income $9,800, EPS $8.50. Guidance initiated.

“2024 guidance, which is for a year of strong financial performance.”
Earnings Releases

General Motors Co reported Full Year Ended December 31, 2023 results: revenue $171,842, net income $10,127, EPS $7.32.

“on equity investments in the three months ended December 31, 2023. Years Ended $M except per share amounts December 31, 2023 December 31, 2022 Change % Change Revenue $ 171,842 $ 156,735 $ 15,107 9.6 % Net income attributable to stockholders $ 10,127 $ 9,934 $ 193 1.9 % EBIT-adjusted $ 12,357 $ 14,474 $ (2,117) (14.6) % Net income margin 5.9 % 6.3 %”
Earnings Releases

General Motors Co reported Three Months Ended December 31, 2023 results: revenue $42,980, net income $2,102, EPS $1.59.

“Chair and CEO Mary Barra’s letter to shareholders. 1 Results Overview Three Months Ended $M except per share amounts December 31, 2023 December 31, 2022 Change % Change Revenue $ 42,980 $ 43,108 $ (128) (0.3) % Net income attributable to stockholders $ 2,102 $ 1,999 $ 103 5.2 % EBIT-adjusted $ 1,757 $ 3,799 $ (2,042) (53.8) % Net income margin 4.9 % 4.6 % 0.3”

Douglas L. Parks retired as Executive Vice President, Global Product Development, Purchasing and Supply Chain at General Motors Co.

“On December 13, 2023, General Motors Company (“GM”) announced certain changes to its senior leadership team that were approved by the GM Board of Directors on December 7, 2023, including the retirement of Douglas L. Parks, Executive Vice President, Global Product Development, Purchasing and Supply Chain, effective as of December 31, 2023.”
Debt Financings

General Motors Co incurred credit facility of $3 billion with Bank of America at Term SOFR loans, Daily Simple SOFR loans or an alternative base rate, each subje maturing November 27, 2024.

“period that lasts until June 28, 2024. Amounts repaid under the Credit Agreement may not be reborrowed and the aggregate amount of all loans outstanding may not exceed $3 billion. The final maturity date for any loans outstanding under the Credit Agreement is November 27, 2024. Interest rates on obligations under the Credit Agreement are based on”
Material Agreements

General Motors Co terminated October Facility with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders named therein valued at $6.0 billion (effective 2023-11-24).

“On November 24, 2023, the Company terminated its $6.0 billion 364-Day Revolving Credit Agreement, dated as of October 3, 2023, with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders named therein (the “October Facility”).”
Material Agreements

General Motors Co entered into Credit Agreement with Bank of America, as administrative agent, and the other lenders named therein valued at $3 billion (effective 2023-11-29).

“On November 29, 2023, the Company entered into a 364-Day Delayed Draw Term Loan Credit Agreement (the “Credit Agreement”) with Bank of America, as administrative agent, and the other lenders named therein.”
Material Agreements

General Motors Co entered into ASR Agreements with Bank of America, N.A., Goldman Sachs & Co. LLC, Barclays Bank PLC, and Citibank, N.A. valued at $10.0 billion (effective 2023-11-29).

“On November 29, 2023, General Motors Company (the “Company” or “GM”) entered into a master confirmation (each a “Master Confirmation”) and supplemental confirmation (together with the related Master Confirmation, collectively, the “ASR Agreements”), with each of Bank of America, N.A. (“Bank of America”), Goldman Sachs & Co. LLC (“Goldman Sachs”), Barclays Bank PLC (“Barclays”), and Citibank, N.A. (“Citibank” and, collectively with Bank of America, Goldman Sachs, and Barclays, the “Counterparties”).”
Earnings Releases

General Motors Co reported three months ended September 30, 2023 results: revenue 44,131, net income 3,064, EPS 2.20.

“Three Months Ended ($M) except where noted September 30, 2023 September 30, 2022 Change % Change Revenue $ 44,131 $ 41,889 $ 2,242 5.4 % Net income attributable to stockholders $ 3,064 $ 3,305 $ (241) (7.3) %”
Earnings Releases

General Motors Co reported third-quarter 2023 results: revenue 44.1 billion, net income 3.1 billion.

“General Motors Co. (NYSE: GM) today reported third-quarter 2023 revenue of $44.1 billion, net income attributable to stockholders of $3.1 billion and EBIT-adjusted of $3.6 billion.”
Debt Financings

General Motors Co incurred revolving credit of $6.0 billion with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders named therein at Term SOFR loans, Daily Simple SOFR loans or an alternative base rate, each subje maturing October 1, 2024.

“JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders named therein (the “Facility”). The Facility is unsecured, provides available borrowing capacity of $6.0 billion, and matures on October 1, 2024. Interest rates on obligations under the Facility are based on prevailing annual interest rates for Term SOFR loans, Daily Simple SOFR loans or an”
Earnings Releases

General Motors Co reported full-year 2023 results: net income $9.3 billion-$10.7 billion. Guidance raised.

“GM is also updating its full-year 2023 guidance for the second consecutive quarter: • U.S. GAAP net income attributable to stockholders of $9.3 billion-$10.7 billion”
Earnings Releases

General Motors Co reported second-quarter 2023 results: revenue $44.7 billion, net income $2.6 billion, EPS $1.83.

“GM Releases 2023 Second-Quarter Results and Raises Full-Year Earnings Guidance DETROIT – General Motors Co. (NYSE: GM) today reported second-quarter 2023 revenue of $44.7 billion, net income attributable to stockholders of $2.6 billion and EBIT-adjusted of $3.2 billion.”
Shareholder Votes

General Motors Co shareholders rejected Shareholder proposal regarding sustainable materials procurement targets at the 2023-06-20 meeting.

“GM’s shareholders did not approve the shareholder proposal regarding sustainable materials procurement targets.”
Shareholder Votes

General Motors Co shareholders rejected Shareholder proposal regarding shareholder written consent at the 2023-06-20 meeting.

“GM’s shareholders did not approve the shareholder proposal regarding shareholder written consent.”
Shareholder Votes

General Motors Co shareholders rejected Shareholder proposal requesting a report on the Company’s operations in China at the 2023-06-20 meeting.

“GM’s shareholders did not approve the shareholder proposal requesting a report on the Company’s operations in China.”
Shareholder Votes

General Motors Co shareholders approved Approve Amendment No. 1 to the Company’s 2020 Long-Term Incentive Plan to increase the number of shares available for issuance at the 2023-06-20 meeting.

“GM’s shareholders approved Amendment No. 1 to the Company’s 2020 Long-Term Incentive Plan.”
Shareholder Votes

General Motors Co shareholders approved Approve, on an advisory basis, named executive officer compensation at the 2023-06-20 meeting.

“GM’s shareholders approved, by advisory vote, the compensation of GM’s named executive officers.”
Shareholder Votes

General Motors Co shareholders approved Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2023 at the 2023-06-20 meeting.

“GM’s shareholders ratified the appointment of Ernst & Young LLP as GM’s independent registered public accounting firm for 2023.”
Shareholder Votes

General Motors Co shareholders approved Election of Directors at the 2023-06-20 meeting.

“Election of Directors. GM’s shareholders elected the Board’s nominees for one-year terms:”

Stephen K. Carlisle departed as Executive Vice President and President, North America at General Motors Co.

“On May 2, 2023, General Motors Company (“GM”) announced that Stephen K. Carlisle is stepping down from his position as GM’s Executive Vice President and President, North America, effective as of June 1, 2023.”
Earnings Releases

General Motors Co reported Q1 2023 results: revenue $39,985, net income $2,395, EPS $1.69. Guidance raised.

“Revenue $ 39,985 $ 35,979 $ 4,006 11.1 % Net income attributable to stockholders $ 2,395 $ 2,939 $ (544) (18.5) % EBIT-adjusted $ 3,803 $ 4,044 $ (241) (6.0) % Net income margin 6.0 % 8.2 % (2.2) ppts (26.8) % EBIT-adjusted margin 9.5 % 11.2 % (1.7) ppts (15.2) % Automotive operating cash flow $ 2,232 $ 1,635 $ 597 36.5 % Adjusted automotive free cash flow $ (132) $ 6 $ (138) n.m. EPS-diluted(a) $ 1.69 $ 1.35 $ 0.34 25.2 %”
Governance Changes

General Motors Co: Lowered threshold for shareholders to call a special meeting from 25% to 15% of voting power (effective 2023-04-20).

“On April 20, 2023, the Board of Directors of General Motors Company (the “Company”) approved an amendment to the Company’s Bylaws (the “Amended and Restated Bylaws”), which became effective immediately. The Amended and Restated Bylaws were amended to lower the threshold for shareholders to call a special meeting from shares representing 25 percent of the Company’s voting power to shares representing 15 percent of the Company’s voting power.”
Earnings Releases

General Motors Co reported FY 2023 guidance results: net income $8.7 billion-$10.1 billion, EPS $6.00-$7.00. Guidance initiated.

“The company expects its core auto operations to perform at a consistently strong level in 2023, with full-year net income attributable to stockholders of $8.7 billion-$10.1 billion, EBIT-adjusted of $10.5 billion-$12.5 billion, and EPS-diluted and EPS-diluted-adjusted of $6.00-$7.00.”
Earnings Releases

General Motors Co reported FY 2022 results: revenue $156.7 billion, net income $9.9 billion, EPS $6.13.

“GM’s full-year 2022 revenue was $156.7 billion, net income attributable to stockholders was $9.9 billion and EBIT-adjusted was a record $14.5 billion.”
Governance Changes

General Motors Co: Approved amendments to the Bylaws to clarify director nominee information, update adjournment notice provisions, and make other administrative changes (effective 2022-12-09).

“On December 9, 2022, the Board of Directors (the “Board”) of General Motors Company (the “Company”) approved amendments to the Company’s Bylaws (the “Amended and Restated Bylaws”), which became effective immediately. The Amended and Restated Bylaws were amended to (i) clarify the information required to be provided by director nominees submitted by shareholders, (ii) update provisions regarding notice of an adjournment of any meeting of stockholders, and (iii) make certain other administrative, modernizing, clarifying, and conforming changes.”

Jonathan McNeill was elected as Director at General Motors Co.

“On October 4, 2022, General Motors Company (“GM” or the “Company”) announced that the Company’s Board of Directors (the “Board”) elected Jonathan McNeill as a member of the Board, effective September 30, 2022.”

Joanne Crevoiserat was elected as member of the Board at General Motors Co.

“On August 15, 2022, the Board of Directors (the “Board”) of General Motors Company (“GM”) elected Joanne Crevoiserat as a member of the Board.”

Jane L. Mendillo retired as Director at General Motors Co.

“On April 25, 2022, Jane L. Mendillo, a member of the Board of Directors (the “Board”) of General Motors Company (the “Company”), notified the Company that she will not stand for reelection at the Company’s 2022 Annual Meeting of Shareholders, to be held on June 13, 2022, and will retire from the Board, effective June 7, 2022.”

Margaret C. Whitman departed as Director at General Motors Co.

“Ms. Whitman has notified the Company of her intent to resign from the Company’s Board of Directors, effective upon Senate confirmation of her appointment.”

Aneel Bhusri was elected as member of the Board at General Motors Co.

“On October 5, 2021, the Board of Directors (the “Board”) of General Motors Company (“GM”) elected Aneel Bhusri as a member of the Board.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.