Last month, General Motors raised some eye brows when it announced its 60-day satisfaction guarantee program giving customers the ability to drive their vehicles for 60 days and return them with zero minimal risk. A month ago, we told you ...Read More
Nov. 19 (Bloomberg) -- General Motors Co. said U.S. autosales in November may run at an annualized rate of 10.8 millionvehicles, the third-highest total this year, in a sign ofimproving industry health. “Things are solidly looking up,” Susan Docherty, GM’sU.S. sales ...Read More
WASHINGTON (Reuters) - General Motors should focus on making money and repaying U.S. Treasury loans before turning to public markets to sell the taxpayer's stake in the automaker, a senior government official said.Ron Bloom, head of the Obama administration's autos ...Read More
Hummer HX concept - click above for high-res image gallery
As a brand, Hummer has been in limbo since General Motors announced it was selling the downtrodden marque to China's Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. Speculation remains that the ...Read More
One year before starting production of the Chevy Volt, General Motors engineers say they are confident in the performance and safety of the electriccar's batteries.
GM executives gave an update on the car's plans on Tuesday, saying engineers are making some ...Read More
DETROIT, Nov 17 (Reuters) - General Motors Co [GM.UL] saidon Tuesday it will unveil the U.S. production version of itsChevrolet Cruze small sedan at the Los Angeles Auto Show inDecember. The Chevy Cruze small car, scheduled to be in U.S.showrooms in ...Read More
As if we needed more proof that America's politics are poisoned beyond belief, now we have Michael Steele, chairman of the Republican National Committee, pouncing gleefully upon news of General Motors Co.'s $1.2-billion third-quarter loss, in a harebrained attempt to ...Read More
General Motors lost $1.2 billion in the first 83 days after it emerged from bankruptcy protection in July, the company announced Monday.
But officials with the nation's largest automaker said the company is far healthier than it was before it was ...Read More
Nov. 17 (Bloomberg) -- General Motors Co. Chief ExecutiveOfficer Fritz Henderson, buoyed by $50 billion in U.S.bankruptcy aid, slashed debt and operating costs withoutreturning to profit. His challenge now is to sell more cars. A 28 percent drop in GM’s U.S. ...Read More
And doomsday did not descend upon General Motors Co. or the Detroit automotive industry. That's why GM will begin repaying $8.1 billion in rescue loans to the U.S. and Canadian governments ahead of schedule, starting with $1.2 billion next month. That is ...Read More
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