GM to Invest $494 Million in U.S. Manufacturing for Next-Generation Ecotec Engines
Feb 19, 2010
DETROIT, Feb. 18 -- -- Three plants involved in project: Tonawanda, NY; Defiance, OH and Bay City, MI -- Project results in nearly 550 jobs -- Next generation Ecotec engines will continue to provide the right combination of fuel efficiency and performance to meet customer expectations General Motors will invest more th ... Continue reading
GM Seeking More U.S. Ethanol Fueling Stations
Feb 16, 2010
Tue Feb 16, 2010 4:29pm EST* GM spends $100 million a year on flex-fuel vehicles KISSIMMEE, Fla., Feb 16, 2010; Bernie Woodall writing for Reuters reported General Motors Co's GM.UL growing output of vehicles capable of running on ethanol-gasoline blends won't help cut polluting emissions or U.S. dependence on foreign ... Continue reading
Feb 10, 2010
CHICAGO - February 10, 2010: The 2010 Chicago Auto Show kicked off this morning with the opening keynote speech by General Motors' new North American President Mark Reuss. Click PLAY to watch the complete opening keynote speech Mark Reuss was appointed president of GM North America on December 4, 2009. Before this appo ... Continue reading
GMAC Financial Services Reports Preliminary Fourth Quarter and Full-Year 2009 Financial Results
Feb 4, 2010
- Fourth quarter net loss of $5.0 billion; full-year net loss of $10.3 billion - Fourth quarter net loss from continuing operations of $3.9 billion; full-year net loss from continuing operations of $8.0 billion - Strategic actions expected to reduce further effects from the legacy mortgage business - Strengthened suppo ... Continue reading
Toyota U.S Sales Fall in January 2010 While GM and Ford Sales Rise
Feb 3, 2010
Detroit Feb. 2, 2010; Jeff Green and Keith Naughton writing for Bloomberg reported that Toyota Motor Corp.âs U.S. January sales slid 16 percent to a 10-year low as a recall put some of its most-popular models off limits, while General Motors Co. and Ford Motor Co. posted increases that beat analystsâ estimate ... Continue reading
Feb 2, 2010
GM Total Sales Increase 14 Percent Fourth Consecutive Month of Retail Sales Gains for GM's Four Brands Chevy Equinox, GMC Terrain and Cadillac SRX Retail Sales Up 161 Percent Fleet Sales Comprise 29 Percent of Total Sales DETROIT, Feb. 2 -- U.S. dealers for GM's brands - Chevrolet, Buick, GMC and Cadillac - reported re ... Continue reading
Chevy Cruze Finalist for World Car of the Year, Camaro Finalist for World Car Design of the Year
Feb 2, 2010
DETROIT, Feb. 1 -- The World Car Awards announced that Chevrolet Cruze is a finalist for the prestigious World Car of the Year Award, and the Camaro is a finalist for the World Car Design of the Year award. The winners will be announced at the New York International Auto Show on Thursday, April 1. The Cruze is one of 1 ... Continue reading
Automakers Now Want to Share Their Design Concepts with Consumers - VIDEO FEATURE
Jan 29, 2010
DETROIT - In the past, before TheAutoChannel's official singn-on in January 1996, what very little automotive information that was online was subject to subscription fees. Then, even after our launch, automakers, car price guides and the traditional magazines wanted to charge fees and they went to great lengths to hide ... Continue reading
GM Invests $246 Million in Electric Motors and Hybrid Components Creating Jobs in Baltimore
Jan 26, 2010
BALTIMORE, Jan. 26 -- -- Baltimore Transmission to be the first high volume U.S. electric motors manufacturing site -- Start of regular production scheduled for 2013 for next generation two-mode rear wheel drive motor -- Investment will create approximately 200 jobs General Motors will invest approximately $246 million ... Continue reading
GM to Be First Major U.S. Automaker to Manufacture Electric Motors
Jan 26, 2010
WASHINGTON, Jan. 26 -- -- Electric traction motors are 'engines' for electric vehicles and hybrids -- First GM electric motors will debut in next-generation rear-wheel-drive Two-mode Hybrids -- Total investment of $246 million in electric motor and electric drive facilities in the U.S. GM will expand its in-house elect ... Continue reading
Ed Whitacre to Continue as GM CEO
Jan 25, 2010
- GM commits to paying back US and Canadian government loans by June DETROIT, Jan. 25 -- Edward E. Whitacre, Jr., has agreed to continue as chairman and CEO of General Motors, it was announced today. Speaking at a press conference at GM's headquarters, Whitacre also expressed the GM board's commitment that the company ... Continue reading
Never Miss a Beat: Pause and Play Radio Will Wait for You
Jan 21, 2010
Detroit MI January 20, 2010; Youâre driving along listening to your favorite radio station and a commercial playing contains a website address you want to check out. But you canât â or shouldnât â be writing while driving. Wouldnât it be great to just hit a pause button on the radio? Now y ... Continue reading
Cadillac CTS Coupe Wins Top Honors in The Detroit News Readers Choice Awards
Jan 18, 2010
Detroit January 16, 2010; Two Cadillacs and a Chevrolet won three of The Detroit News Readers Choice Awards today, including the top honor of Best in Show for the Cadillac CTS Coupe. Each year, the Detroit News takes 100 readers to the North American International Auto Show at Cobo and then asks them to pick their favo ... Continue reading
Suzuki to end hybrid development with GM
Jan 16, 2010
TOKYO, Jan 16, 2010; Yoshifumi Takemoto writing for Reuters reported that Suzuki Motor Corp said it would end joint development projects with General Motors [GM.UL] for hybrid and fuel-cell technologies as part of an operational review following its alliance with Volkswagen AG (VOWG.DE). Suzuki and Volkswagen last mont ... Continue reading
Cadillac Unveils The XTS Platinum Concept at Detroit Auto Show - COMPLETE VIDEO
Jan 12, 2010
DETROIT, Jan. 12 -- -- A new study re-imagining the luxury sedan, showcasing the progression of the Cadillac Art and Science philosophy -- Designed from the inside out, featuring a new concept for the interface between the driver and the auto electronics -- Plug-in hybrid system is matched with a 3.6L V-6 and all-wheel ... Continue reading
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