General Motors Company
General Motors or GM is the second largest automobile manufacturer in the world. The US based company has been leading market for 77 years. It has been selling its cars under the established brands names live Chevrolet, Hummer, Buick and many more.
GM Provides Loaner Cars to Volt Owners Due to Fire Concerns
After testing revealed that Volt batteries can ignite in the days following a collision impact, GM has offered all Volt owners loaner vehicles if they want them.
General Motors Changes its Mind: Leaves the Germans Vexed
General Motors has backed out from its highly publicized sale of Opel and Vauxhall and the Germans are not looking too kindly on this u-turn. Here is an analysts perspective on the top story of the day, 'Opel and Vauxhall to be retained by Motors'.
General Motors Not to Sell Opel
General Motors has decided not to go ahead and sell Opel and Vauxhall. It plans to retain these and work towards restructuring operations.
GM's Recall of 2011 Trucks and SUVs Grows Larger
General Motors has recently announced an expansion to an existing recall of 2011 trucks and suvs over concerns about a rear axle cross pin.
GM Shares Rise After IPO, May take Years for Government to Recoup Loan
General Motors is once again a publicly traded company after filing for bankruptcy in 2009, restructuring the company and taking nearly $50 Billion from the U.S. government.
GM Earns First Quarterly Profit in Three Years
General Motors announced a first quarter profit of 865 million, its first quarterly profit since 2007.
GM Recalls 1.3 Million Cars with Steering Problems
In the wake of Toyota's massive recent recalls, now GM is recalling over 1 million vehicles as a result of problems with the power steering.
Hummer Deal Breaks Down, Brand is Set to Die
GM's Hummer, once the gleaming definition of automotive gluttony, is set to be shut down permanently after a Chinese buyer backed out of a deal to purchase the brand.
General Motors CEO Fritz Henderson Steps Down
Fritz Henderson stepped down as the CEO of GM today and was replaced by Ed Whitacre as the company struggles to regain stability after its bankruptcy filing.
GM Forced to Kill Saturn
After seemingly having a deal in place to save Saturn through Penske, GM now must shut down the line after Penske's agreement with another manufacturer fell through.
New GM Electric Car Gets 230 Miles Per Gallon in Early Testing
General Motors' Electric Car, the Chevrolet Volt, is test driving at 230 miles per gallon in city driving conditions.
GM Will Sell Saturn Brand to Penske Dealership
General Motors, as part of its ongoing restructuring, will sell the Saturn brand to race car legend Roger Penske.
General Motors, Having Fallen Far and Fast, Now Belongs to U.S.
Americans: congratulations on your new company – General Motors is now yours, for all intents and purposes, and filed for Chapter 11 bankruptcy protection in court yesterday.
Bondholders Reject General Motors, Bankruptcy Likely
GM announced earlier today that the proposal they had presented to the bondholders of the company was rejected and that Chapter 11 bankruptcy may now be unavoidable.
White House Forces GM CEO Rick Wagoner to Step Down
In light of the continued struggles of General Motors and their inability to formulate a workable recovery plan, the Obama administration has asked CEO Rick Wagoner to leave his post.
General Motors Facing Possibility of Bankruptcy
In a comprehensive audit by Deloitte and Touche, GM is forced to face the reality that it may not be a viable company moving forward.
General Motors Continues Collapse, Posts Huge Q4 Loss
General Motors burned through more than $6 billion in cash in the last 3 months of 2008 and may not be viable through 2009.
General Motors President Says Bankruptcy Not an Option
General Motors President and Chief Operating Officer Fritz Henderson explained to Congress and the press that bankruptcy is not an option for the Big Three Automakers.
After testing revealed that Volt batteries can ignite in the days following a collision impact, GM has offered all Volt owners loaner vehicles if they want them.
General Motors Changes its Mind: Leaves the Germans Vexed
General Motors has backed out from its highly publicized sale of Opel and Vauxhall and the Germans are not looking too kindly on this u-turn. Here is an analysts perspective on the top story of the day, 'Opel and Vauxhall to be retained by Motors'.
General Motors Not to Sell Opel
General Motors has decided not to go ahead and sell Opel and Vauxhall. It plans to retain these and work towards restructuring operations.
GM's Recall of 2011 Trucks and SUVs Grows Larger
General Motors has recently announced an expansion to an existing recall of 2011 trucks and suvs over concerns about a rear axle cross pin.
GM Shares Rise After IPO, May take Years for Government to Recoup Loan
General Motors is once again a publicly traded company after filing for bankruptcy in 2009, restructuring the company and taking nearly $50 Billion from the U.S. government.
GM Earns First Quarterly Profit in Three Years
General Motors announced a first quarter profit of 865 million, its first quarterly profit since 2007.
GM Recalls 1.3 Million Cars with Steering Problems
In the wake of Toyota's massive recent recalls, now GM is recalling over 1 million vehicles as a result of problems with the power steering.
Hummer Deal Breaks Down, Brand is Set to Die
GM's Hummer, once the gleaming definition of automotive gluttony, is set to be shut down permanently after a Chinese buyer backed out of a deal to purchase the brand.
General Motors CEO Fritz Henderson Steps Down
Fritz Henderson stepped down as the CEO of GM today and was replaced by Ed Whitacre as the company struggles to regain stability after its bankruptcy filing.
GM Forced to Kill Saturn
After seemingly having a deal in place to save Saturn through Penske, GM now must shut down the line after Penske's agreement with another manufacturer fell through.
New GM Electric Car Gets 230 Miles Per Gallon in Early Testing
General Motors' Electric Car, the Chevrolet Volt, is test driving at 230 miles per gallon in city driving conditions.
GM Will Sell Saturn Brand to Penske Dealership
General Motors, as part of its ongoing restructuring, will sell the Saturn brand to race car legend Roger Penske.
General Motors, Having Fallen Far and Fast, Now Belongs to U.S.
Americans: congratulations on your new company – General Motors is now yours, for all intents and purposes, and filed for Chapter 11 bankruptcy protection in court yesterday.
Bondholders Reject General Motors, Bankruptcy Likely
GM announced earlier today that the proposal they had presented to the bondholders of the company was rejected and that Chapter 11 bankruptcy may now be unavoidable.
White House Forces GM CEO Rick Wagoner to Step Down
In light of the continued struggles of General Motors and their inability to formulate a workable recovery plan, the Obama administration has asked CEO Rick Wagoner to leave his post.
General Motors Facing Possibility of Bankruptcy
In a comprehensive audit by Deloitte and Touche, GM is forced to face the reality that it may not be a viable company moving forward.
General Motors Continues Collapse, Posts Huge Q4 Loss
General Motors burned through more than $6 billion in cash in the last 3 months of 2008 and may not be viable through 2009.
General Motors President Says Bankruptcy Not an Option
General Motors President and Chief Operating Officer Fritz Henderson explained to Congress and the press that bankruptcy is not an option for the Big Three Automakers.