Sergio Marchionne sees cooperation with the UAW as a key to a future merger with General Motors. In the deal, Marchionne could potentially take advantage of the 8.7 percent of GM stock that's owned by the union's health care trust.
GM now has a patent for a cloud-based system to transfer personalization settings between vehicles, including the seating position, audio presets, contacts, and much more. The automaker sees useful applications for car sharing services and rental companies.
The June auto market slump in China could continue through the next few months. Some analysts are worried that the shift could damage the financials of GM and Ford, according to an interesting article from The Detroit News.
The plant that produces GM's full-size SUVs in Arlington, TX, is set to receive $1.4 billion, representing the largest allocation out of the $5.4 billion the company has earmarked towards upgrading its facilities.
NHTSA Pressed General Motors Into Last Week's Recall
As early as 2009, motorists reported fires in the Hummer H3. In a complaint filed that March with the regulatory agency in charge of vehicle safety, one motorist described how they leapt into a smoldering vehicle and drive it away from gas pumps moments before it was engulfed in flames.