General Motors is investing $546 million in two new data centers
General Motors Co. is investing $546 million in two new Michigan data centers aimed at getting new vehicle designs and technologies to consumers faster, resulting to a boost in the... Read more about General Motors is investing $546 million in two new data centers
GM to discuss Korean labor woes with President Park Geun-hye
General Motors will hold talks with South Korean president Park Geun-hye to discuss labor issues in the country, GM chief executive Dan Akerson was quoted by its Korean union as saying.... Read more about GM to discuss Korean labor woes with President Park Geun-hye
GM will recall 38,000 sedans due to problems with circuit boards
General Motors Co. will be recalling over 38,000 sedans equipped with its "eAssist" mild hybrid system to fix circuit boards that may overheat. Such an incident may lead to a loss of... Read more about GM will recall 38,000 sedans due to problems with circuit boards
US Treasury to start new round of sales for its remaining GM stake
The United States Treasury Department will commence another round of sales of its remaining shares in General Motors Co. The Treasury’s move follows a registration statement by GM in... Read more about US Treasury to start new round of sales for its remaining GM stake
Detroit 3 automakers will continue to post strong growth in coming months
The Detroit 3 carmakers -- General Motors, Ford Motor Co. and Chrysler Group – all posted double-digit gains in sales in April 2013 in the United States. Aside from strong growths, the... Read more about Detroit 3 automakers will continue to post strong growth in coming months
GM North Am chief wants an rwd sports car in Chevrolet lineup
The president of GM North America would want to include in Chevrolet's lineup a modestly priced, rear-wheel-drive sporty car that would target young drivers. Mark Reuss told Automotive... Read more about GM North Am chief wants an rwd sports car in Chevrolet lineup
GM plans $16 billion capital investment in the US through 2016
GM plans to invest around $16 billion on factories and facilities across the United States through 2016. The carmaker is also making an $11-billion capital investment in China through... Read more about GM plans $16 billion capital investment in the US through 2016
GM making progress in restructuring its money-losing Opel/Vauxhall unit in Europe
General Motors said last Thursday that its first-quarter pretax loss in Europe decreased to $175 million from $294 million the previous year. This prompted analysts to state that while GM... Read more about GM making progress in restructuring its money-losing Opel/Vauxhall unit in Europe
General Motors agrees to buy birthplace site: Durant-Dort Carriage plant
General Motors has reached a deal to acquire the original Durant-Dort Carriage Co. site in Flint, Michigan as part of its plans to use the 133-year-old, 25,000-sq. ft. building as a... Read more about General Motors agrees to buy birthplace site: Durant-Dort Carriage plant
GM sees a 14% decrease in its net profit in the first quarter of 2013
General Motors experienced a 14% decrease in its net profit in the first quarter to $865 million amid the decline in earnings in North America and as European losses dropped. For the... Read more about GM sees a 14% decrease in its net profit in the first quarter of 2013
Couple found guilty of stealing GM trade secrets sentenced to jail
A U.S. District Court in Detroit has sentenced to jail a Michigan couple convicted of stealing General Motors trade secrets related to hybrid-car technology. Former GM engineer Shanshan... Read more about Couple found guilty of stealing GM trade secrets sentenced to jail
GM Financial will host a sale of around 200 2010-13 GM vehicles
Next month, captive finance firm GM Financial Co. will host a sale of around 200 2010-13 GM vehicles (most of which are Cadillacs) at Manheim, Pennsylvania. This is part of its strategy... Read more about GM Financial will host a sale of around 200 2010-13 GM vehicles
General Motors files shelf registration statement with US SEC
General Motors Co. has filed a selling shareholders shelf registration statement with the US Securities and Exchange Commission registering GM common stock and warrants. The SEC... Read more about General Motors files shelf registration statement with US SEC
Couple who stole GM trade secrets to be sentenced by court on April 30
A United States District Court in Detroit will be handing on April 30, 2013, the sentence for a couple found guilty of stealing General Motors trade secrets related to hybrid-car... Read more about Couple who stole GM trade secrets to be sentenced by court on April 30
Cadillac will target wealthy consumers in smaller Chinese cities to boost sales
General Motors is planning for sales of its luxury Cadillac brand in China to more than triple by 2015 by targeting wealthy consumers in smaller Chinese cities. Bob Socia, GM’s China... Read more about Cadillac will target wealthy consumers in smaller Chinese cities to boost sales
GM amends parts program, gives incentives to dealers to expand inventory
General Motors is implementing an overhaul of its parts program and is providing incentives to dealerships to boost up their inventory for more same-day repairs and to buy more of parts... Read more about GM amends parts program, gives incentives to dealers to expand inventory
2014 Chevrolet Cruze Clean Diesel estimated to achieve 46 mpg
The 2014 Chevrolet Cruze Turbo Diesel will achieve fuel economy figures of around 46mpg on the highway, 4 mpg better than General Motors’ initial target, the carmaker estimates. The mpg... Read more about 2014 Chevrolet Cruze Clean Diesel estimated to achieve 46 mpg
General Motors views weakening Japanese yen as a real threat
General Motors sees the weakening Japanese yen as "a real threat" as the carmaker seeks to expand its market share in the United States in 2013 by launching a number of new vehicles, Mark... Read more about General Motors views weakening Japanese yen as a real threat
GM expects increased sales in Africa in the next two years
General Motors’ regional head in Africa said that in the next couple of years, its annual vehicle sales are expected to increase by almost 20% to reach the 2 million mark as the growing... Read more about GM expects increased sales in Africa in the next two years
Ford, GM to jointly develop nine- and 10-speed automatic transmissions
Ford and GM have just announced that they signed an agreement under which both companies will jointly develop an all-new generation of advanced-technology nine- and 10-speed automatic... Read more about Ford, GM to jointly develop nine- and 10-speed automatic transmissions
GM will transfer operations out of South Korea due to North Korea tensions
Because of the increasing tension with the North Korea, it’s possible that General Motors Co. will transfer operations out of South Korea in the longer term. This plan upset its Korean... Read more about GM will transfer operations out of South Korea due to North Korea tensions
GM will invest 4 billion euros in Opel by the end of 2016
General Motors Co.’s commitment to Opel, its struggling division in Europe, has not waned. In fact, GM will be investing 4 billion euros ($5.2 billion) in Opel by the end of 2016 to fund... Read more about GM will invest 4 billion euros in Opel by the end of 2016
2013 Chevrolet Sonic will be the first car advertised on Facebook by GM after its return
The first ads from General Motors Co. on its return to Facebook as a customer will promote the Chevrolet Sonic subcompact car. GM, which stopped paying for ads on Facebook for 11 months,... Read more about 2013 Chevrolet Sonic will be the first car advertised on Facebook by GM after its return
GM widening production cuts in South Korea due to weak Chevrolet sales in Europe
Due to poor Chevrolet sales in Europe, General Motors Co. is widening the production cuts at one of its several factories in South Korea. According to a company official, the operations... Read more about GM widening production cuts in South Korea due to weak Chevrolet sales in Europe
General Motors is back as a Facebook advertiser
General Motors is back as a Facebook advertiser after an 11-month departure. GM, the No. 2 biggest advertiser in the U.S, announced last year that it will discontinue its use of the... Read more about General Motors is back as a Facebook advertiser
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