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Stories about: General Motors

Chrysler Transmission Manufacturer Files for Bankruptcy Protection
Chrysler Transmission Manufacturer Files for Bankruptcy Protection

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / GETRAG Transmission Manufacturing LLC today announced that it has filed for protection under chapter 11 of the United States Bankruptcy Code for its Tipton, Indiana production plant. The Indiana-bas...

 
Saturn Fans Try To Save The Brand
Saturn Fans Try To Save The Brand

21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / Saturn car fans around the world joined forces to sign a petition and try to convince General Motors to give the Saturn brand another chance. After hearing that GM planned to end Saturn's days ...

 
Sweden Willing to Aid Automotive Industry
Sweden Willing to Aid Automotive Industry

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The Swedish government confirmed on Thursday that it agrees to help the domestic carmakers go through the economic crisis and aid them to concentrate on fuel-efficient engines. Sweden will provide a...

 
Solar Energy Firm Makes $1.2bn Bid for Opel
Solar Energy Firm Makes $1.2bn Bid for Opel

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While General Motors strives to find a way to revamp its sales and re-become the world's largest car manufacturer, its German brand Opel received the most surprising takeover bid it would ever ...

 
Republicans Propose Alternative Rescue Plan to Detroit 3
Republicans Propose Alternative Rescue Plan to Detroit 3

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Following the recent announcement that the United States Senate have put the Detroit 3 loan package on hold, members of the Senate already started looking for alternative solutions that could help d...

 
GM Gets Ready for Bankruptcy
GM Gets Ready for Bankruptcy

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although US car manufacturers struggle to get through the economic crisis, General Motors acknowledges that things can get even worse and hired a special bankruptcy counsel and restructuring adviser...

 
Former Massachusetts Governor: Detroit Should Go Bankrupt!
Former Massachusetts Governor: Detroit Should Go Bankrupt!

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While companies around the world struggle to face the global recession and Detroit 3 begs for government assistance, Mitt Romney, former Massachusetts Governor comes with a shocking solution to all ...

 
Chevrolet Unveils GPiX Coupe Concept
Chevrolet Unveils GPiX Coupe Concept

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / One more rumor that proved to be true: Chevrolet has just introduced at the Sao Paulo International Auto Show the GPiX Coupe Concept, a new car model designed by the Brazilian subsidiary of General ...

 
GM Planning to Revive Saturn?
GM Planning to Revive Saturn?

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although it was initially thought that Saturn is just one of the divisions supposed to bite the dust during recession times, it may seem like its parent firm General Motors may take a chance on the ...

 
Chevrolet Equinox – 500,000 Miles, 0 Emissions
Chevrolet Equinox – 500,000 Miles, 0 Emissions

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Chevrolet Equinox has just reached one of the most important milestones in its history, as the parent company General Motors delivered approximately 100 vehicles as part of Project Driveway. Chevrol...

 
GM Sues Bankrupt Automotive Supplier
GM Sues Bankrupt Automotive Supplier

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors said it has filed a lawsuit against a bankrupt automotive part supplier on Christmas Eve, requesting access to a number of components that currently puts on hold production of the new...

 
GM, GMAC Receive Money from US Treasury
GM, GMAC Receive Money from US Treasury

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The United States Treasury Department today announced that it decided to pay nearly $5 billion for senior preferred equity, including an 8 percent dividend, from GMAC LLC, the financial division joi...

 
GM Reports Low Sales in November
GM Reports Low Sales in November

21 Nov 2012, 14:06 UTC · By: Alex Tudorache / General Motors delivered 154,877 vehicles in November, about 40% less than the same period last year. The sales consisted of 58,786 cars (44% less) and 96,091 trucks (39% less) because of a drop in ...

 
GM Reconsidering Tiger Woods' Contract
GM Reconsidering Tiger Woods' Contract

21 Nov 2012, 14:06 UTC · By: Dragos Rusu / For those of you who don't know it, golf star and overall role model Tiger Woods currently makes a lot of money endorsing different products. This is the way sportsmen manage to squeeze a few e...

 
Recall Roundup, October 1-10
Recall Roundup, October 1-10

21 Nov 2012, 14:06 UTC · By: Tudor Raiciu / Touted as engineering masterpieces with zero flaws and top safety, cars are still designed and built by humans and their little robotic friends and as such, the likelihood of a faulty component in t...

 
Chrysler Idles Plants for One Month
Chrysler Idles Plants for One Month

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Chrysler continues its efforts to remain in the automotive industry with a new cost-cutting measure, this time related to its production plants all over the United States. The American company said ...

 
GM Opens New Production Plant in China
GM Opens New Production Plant in China

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While the American auto industry is experiencing probably the toughest period in its history, with the largest three carmakers fighting for their lives, General Motors is heading to other markets th...

 
Helping Detroit 3 Could Cost the US $125 Billion
Helping Detroit 3 Could Cost the US $125 Billion

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / There's no doubt that the American government should help US carmakers counteract the global recession but the bailout numbers are continuously changing, with not even a single loan package cur...

 
GM Says Chrysler Merger Is Impossible
GM Says Chrysler Merger Is Impossible

21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Following rumors claiming that GM may be interested in a merger with its brother in pain Chrysler, representatives of the world's largest carmaker came out and denied all speculations, pointing...

 
GM Spent $750 Million for Chevrolet Volt
GM Spent $750 Million for Chevrolet Volt

21 Nov 2012, 14:06 UTC · By: Alex Tudorache / GM spent $750 million investing in the Chevrolet Volt, a car that is expected to help GM on the long run and that should come out between 2014 and 2016. The American giant is prepared to wait to ...