Boston, MA 27/06/2013 (wallstreetpr) – General Motors Company (NYSE:GM) traded at $32.55 in the previous trading session after going upwards by $0.73 (or 2.29%). The stock hit its day’s low at $32.03 and day’s high at $32.70. Around 10.38 million shares have traded in the previous session while the average volume of the stock is 17.55 million shares.
The company, General Motors Company, is ready to accept the global quality and get an amazing automotive customer experience in other parts of the world. The chief executive officer and the chairman of the company, Dan Akerson said that the vehicle quality of General Motors is viewed very highly in the markets of China and many other countries. This was said by him when he visited China last week. In the 27-year history of the study, it was the best showing of the company, when General Motors atop the 2013 J.D. Power & Associates Initial Quality Study. Chevrolet, which is the mainstream brand of the company, ranked No. 5 overall and 2nd among non-premium brands and inched up 10 spots.
The CEO, Dan Akerson of the General Motors showed dissatisfaction with the auto maker who was unable to put Chevrolet brand on equal footing with the larger Adam Opel brand of the company in continental Europe. As a result, he appointed a new executive who can give a stronger role to the Chevrolet.
Veteran Susan Docherty will be succeeded by Thomas Sedran, who will be the managing director and president of Chevrolet Europe after she leaves the company in September. Mr. Sedran was a former consultant at AlixPartners. He has also been the board member of Opel since April 2012. Also, he has acted as interim chief executive at Opel.
The company has outlined plans that it will be expanding its Mexican operations by investing $691 million, including the previous expansion of Toluca engine plant.
