GM
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0Report: American automakers fall in latest Fortune 500 rankings 1368207000
Not that it means anything beyond bragging rights, but if you're fixated on the positions of domestic automakers on the annual Fortune 500 list, both General Motors and Ford are still on it but they've slipped a couple of notches. The list ranks American companies and they're ordered solely by ...
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Report: Treasury to begin selling off more GM stock 1368106140
Reuters reports that earlier this week the US Treasury announced the sale of another tranche of General Motors stock. It didn't say how many of the 241.7 million shares it holds in the automaker it would sell, nor exactly when – the discretion apparently intended to keep hedge funds from ...
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Report: GM to build $1.3 billion Cadillac plant in China 1368052080
General Motors has gotten approval to build a $1.3 billion manufacturing facility for its Cadillac brand in China. China's National Development and Reform Commission signed off on plans for GM to build the plant in the country's Shanghai's Jinqiao zone; construction is expected to begin in June ...
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Official: 2014 GMC Sierra 4.3L V6 to offer segment-best 305 LB-FT 1367876940
General Motors has released more information on the 4.3-liter V6 available in the 2014 GMC Sierra. The engine will serve up 285 horsepower and 305 pound-feet of torque, with a six-speed automatic transmission, and giving the V6 Sierra a maximum tow rating of 7,200 pounds in regular cab, short bed ...
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Recalls: 38k GM eAssist hybrids recalled for circuit board, fire risk 1367861220
General Motors has issued a recall covering 38,197 2012 and 2013 model-year Chevy Malibu Eco, Buick LaCrosse and Regal sedans equipped with eAssist, and sold in the United States. The automaker will check the generator control module for proper operation. Only vehicles built before December 2012 ...
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Official: Chevy sees greener pastures with 2014 Silverado High Country 1367798400
It's no secret that fullsize pickups are the financial engines that power Detroit automakers – it's been that way for decades. In recent years, though, growing consumer appetites for dolled-up trucks has meant even more opportunities for manufacturers to line their coffers while pleasing ...
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Report: 'Birthplace of GM' now back in company hands [w/video] 1367790300
General Motors has signed a purchase agreement for the Durant-Dort Carriage Company factory in Flint, Michigan for an undisclosed sum. Calling the location "Factory One," GM President of North America Mark Reuss said he isn't sure what will be done with the site yet, but when it's "reborn" it ...
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Report: Couple found guilty of trying to sell GM hybrid tech to China sentenced to year in prison 1367686800
Five months ago, former General Motors engineer Shanshan Du and her husband, Yu Qin were convicted of stealing hybrid technology trade secrets, in attempts to sell the information to Chinese competitors. US District Judge Marianne Battani sentenced Du to serve one year and one day in prison, a ...
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Report: 2014 Chevy Spark ditching four-speed automatic for CVT 1367612940
According to Green Car Reports, a few minor changes are on deck for the littlest Chevrolet. Christi Landy, Chevy's small car marketing director, confirmed to GCR that the 2014 model year Spark will lose its four-speed automatic transmission in favor of a continuously variable unit. The new CVT ...
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Official: GM nets $865M in Q1, down 14% 1367529300
As the last of the Detroit automakers to check in with its first-quarter earnings in 2013, General Motors has announced that it saw a net income of $0.9 billion, which, according to Automotive News, is rounded up from $865 million, to go with Q1 revenue of $36.9 billion and a pre-tax profit of ...

