GM to invest in electric motor business
General Motors Co announced on Tuesday that it would invest $246 million to launch electric motor production in 2013 for hybrid and battery-powered vehicles. GM said the site for the electric motor...
View ArticleGM and Spyker Reach Deal Over Saab
On Tuesday, General Motors agreed upon a deal to sell its Saab operation to Spyker Cars, a manufacturer of supercars, thereby breathing new life into a unit which was almost ready for a shut-down.Under...
View ArticleGM’s new CEO expects results
Dan Akerson turns up at General Motors as CEO with the same mandate given his to predecessor just eight months back: bring new leadership to an automaker still struggling with the legacy of its...
View ArticleUAW freezes vote on giveback deal at Indianapolis GM plant
The United Auto Workers union has determined not to move on with a vote on a new wage-cutting agreement for a General Motors Co. stamping plant in Indianapolis that is facing sale. UAW Local 23...
View ArticleGeneral motor is set to float IPO worth 20 billion dollars
General Motors, America's largest carmaker, has taken the initial move to float its stocks in the share market just a year after coming out of bankruptcy. It has taken this step to make provision for...
View ArticleBond Prices Propose GM Stock could Possibly be Overvalued
The second-biggest IPO in U. S. history is finally winding its way toward Wall Street, and while the road ahead is fraught with hazards, some analysts still see big potential in a rebuilt General...
View ArticleSsangyong and GM Korea Co. participates in Seoul Motor Show
GM Korea Co. and Ssangyong Motor Co. have participated in the Seoul Motor Show to show their resolve.read more
View ArticleGM announces pricing, fuel-efficiency for its new 2014 Chevrolet Silverado
Auto giant General Motors (GM) on Monday announced the fuel-efficiency, pricing and other relevant details of its new 2014 Chevrolet Silverado pickup truck. First unveiled in mid-December alongside the...
View ArticleGM ignition recall may trouble Delphi Automotive
Delphi Automotive plc, the supplier of the defective ignition switch that forced General Motors Co. recall as many as to 1.6 million vehicles, may not be able to avoid penalties despite being protected...
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