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General Motors (Page 14)

General Motors

General Motors Company (NYSE: GM) is a linchpin of the U.S. automotive industry, selling millions of vehicles every year - 8.3 million in 2018, to be precise – and employing more than 170,000 workers. More familiarly known as GM, the auto company counts iconic brands Buick and Cadillac under its corporate umbrella, as well the more utilitarian GMC brand and the budget-conscious Chevrolet badge.

Formed in 1908 in Flint, Michigan, General Motors has a long history with the Great Lakes State. Alongside the Ford Motor Company, GM’s presence in the region and its creation of popular cars under various brands are some of the main reasons that Detroit is so widely known as Motor City. GM is a Fortune 500 company and frequently appears in the top 25 of that list as one of the largest U.S. corporations by revenue.

Here at Torque News, we cover a wide variety of stories involving General Motors, from new models and announcements to the company’s latest technology developments and electric vehicle initiatives. GM plans to release more than 20 new electric models across its major brands by 2023 and you’ll hear about all of them on this site, as well as the latest and greatest from GM’s existing models.

By Luke Ottaway on August 14, 2014 - 11:19PM
GM has backed up its stated commitment to electric vehicles by leading the industry in workplace charging, particularly the solar-powered variety. Ford has responded with plans for a solar canopy of epic proportions, partly to charge its own electric vehicles.
By Luke Ottaway on August 10, 2014 - 6:57PM
Has General Motors learned its lesson from the unreasonably high expectations it encouraged for the first-generation Chevrolet Volt? The automaker has toned down its position on the upcoming 2016 Volt and is reconsidering its marketing strategy.
By Luke Ottaway on August 7, 2014 - 8:17PM
Arguably the most polarizing car America has ever seen, the Chevrolet Volt is finally getting a major redesign. The next-generation Volt will make its first appearance at the North American International Auto Show in Detroit this January, and we can’t wait.
By Luke Ottaway on July 20, 2014 - 11:47PM
The Korean battery maker LG Chem has announced that it will supply the battery for a 200-mile electric vehicle in 2016. Which automaker signed the contract?
By Luke Ottaway on July 16, 2014 - 10:55PM
Everyone seems to be holding out for the 2016 Chevrolet Volt, the model year due for a significant redesign. Yet even the unheralded 2015 model has received an unexpected improvement.
By Luke Ottaway on July 15, 2014 - 12:02AM
The Cadillac ELR has not sold well, mainly due to its disproportionately high sticker price. Cadillac and its dealers are getting desperate to move the vehicles.
By Tim Esterdahl on July 14, 2014 - 3:20PM
For years, GM’s Yukon and Tahoe have been the large SUV of choice for families looking to go camping, boating, or taking a long trip. An incredibly useful transporter and hauler, the Yukon and Tahoe's only real downside is their relatively poor gas mileage. In all other respects - utility, durability, style, and comfort - these large SUVs are top-notch.
By Luke Ottaway on June 30, 2014 - 10:04PM
The electrification movement has largely ignored the segment that arguably needs it the most: pickup trucks. With one notable exception, we still won’t be seeing electric pickups on the road for some time.
By Luke Ottaway on June 12, 2014 - 12:15AM
Though GM still insists the impressive little EV will remain only available in California and Oregon, a few Ohio and Michigan dealers claim otherwise. Could the Spark EV climb from the ranks of mere compliance?
By Patrick Rall on June 6, 2014 - 2:01PM
General Motors boss Mary Barra announced yesterday that 15 company employees have been fired as a result of the failure to recall the vehicles with the ignition problems and although America deserves to know what positions have been vacated – the company has only named one name thus far.
By Luke Ottaway on May 28, 2014 - 10:33PM
General Motors is doing its best to convince the world that it is fully committed to the success of electric vehicles. The company now boasts 401 electric vehicle charging stations at its U.S. locations.
By Tim Esterdahl on May 19, 2014 - 1:57PM
The GM ignition switch debacle has raised an interesting question: Do we really need car keys? After all, if GM cars had used keyless, push-button ignition systems rather than physical keys, GM wouldn’t be in this mess.
By Luke Ottaway on May 16, 2014 - 9:28AM
Just a year into its life, the Chevy Spark EV will be updated for 2015 with an entirely new battery pack. The change will reduce costs and is indicative of GM’s sincere interest in building quality electric vehicles.
By Tim Esterdahl on May 5, 2014 - 1:50PM
General Motors released its first quarter earnings report showing it narrowly avoided a much anticipated loss. Instead, GM turned a $125 million profit – down 86 percent versus last year. It looks like GM was able to avoid a recall induced loss thanks to its pricing strategy on full-size trucks.
By Patrick Rall on April 11, 2014 - 1:53PM
General Motors has announced a new ignition recall that is technically separate of the previous ignition recall – although the 2.2 million cars included in this “new” recall are included in the previous recall so the total number of recalled vehicles won’t increase.
By Luke Ottaway on April 8, 2014 - 3:01PM
Today GM officially announced it will invest $449 million to support the launch of the next-generation Chevrolet Volt and two upcoming unspecified models. The investment reaffirms GM’s commitment to the Volt and raises speculation about the mystery cars.
By Patrick Rall on April 3, 2014 - 7:13PM
There was much jubilation when it was announced that Mary Barra was named the first female CEO of a major global automaker – making her the most powerful woman in the world – but as Barra has become the face of the GM ignition cylinder recalls, it looks more and more each day like the “boy’s club” at GM has offered her up to be sacrificed for the mistakes of past company leaders.
By Patrick Rall on April 2, 2014 - 1:06AM
General Motors has issued yet another major recall, this time calling back 1.3 million small and medium sized cars over a concern that the power steering system could lose the power assist - making it much more difficult to drive and possibly increasing the chances of an accident.
By Tim Esterdahl on March 31, 2014 - 8:45PM
In recent weeks, GM has been getting criticized over its lack of rebates with their new full-size truck offerings. Specifically, sales volume has been down. Critics have wondered, where are the incentives to spur on sales? According to GM's CFO, this sales slow down is all part of the plan.
By Mechele Dillard on March 31, 2014 - 4:55PM
The GM recall has gotten so complex for many owners, they are not sure exactly what to do or where to go at this point. These 10 points will get you going in the right direction to have your car ignition fixed at no cost to you.
By Luke Ottaway on March 22, 2014 - 2:07PM
There are now four different recognized charging standards worldwide for DC fast charging. This fragmentation of infrastructure hinders the growth of electric vehicles.
By John Goreham on March 19, 2014 - 3:19PM
$1.2 billion is bad news for Toyota, but GM’s coming recall fine could be larger
By Patrick Rall on March 17, 2014 - 2:47PM
General Motors issued another massive recall this morning, this time calling back roughly 1.3 million units of their popular large sport utility vehicles because of a wiring issue that could cause the seat mounted airbags not to open – but there is an interesting catch with this recall.
By Tim Esterdahl on March 11, 2014 - 5:01PM
For the last few years, GM has been on the comeback train by building better quality products and shaking up their product mix. This positive momentum has just been derailed by a huge failure to report a decades old problem and to conduct a timely recall. The recall lapse has all the markings of a train wreck. Here is what you need to know.
By Luke Ottaway on March 8, 2014 - 8:42AM
The Chevrolet Volt has been the gold standard among plug-in hybrid electric vehicles since its much-hyped debut in 2010, but the vehicle has remained largely unchanged since and appears to be due for a refresh as sales have stalled in recent months. GM hopes the second generation of the Volt will rejuvenate its flagship plug-in.
By Patrick Rall on December 11, 2013 - 4:15PM
The jurors from the North American Car and Truck/SUV of the Year awards have announced their finalists for each category and with three of the six vehicles in the running for the top honors – General Motors finds themselves the odds-on favorite to win at least one of the awards.
By Patrick Rall on December 11, 2013 - 11:45AM
There is some good news for those opponents of the government’s stock ownership of General Motors – the Department of Treasury has officially sold off the last of the GM stock issued as repayment for the bailout loans of 2009 so no longer is GM “Government Motors”.
By Patrick Rall on December 10, 2013 - 1:29PM
General Motors announced this morning that Chief Executive Officer Dan Akerson will step down from his position atop the company on January 15th 2014 and when he does Mary Barra will take his place as the CEO of GM – making her the most powerful woman in the history of the automobile industry.
By Aaron Turpen on December 10, 2013 - 1:11PM
General Motors Europe has decided to drop the Chevrolet brand. The move can be seen from multiple angles. The question is, though: is this a smart move, or is dropping the Chevy brand going to hurt GM in the long run?
By Patrick Rall on November 25, 2013 - 11:11AM
Reports have surfaced that indicate that the US Department of Treasury expects to sell off the remaining portion of General Motors stock by the end of this year and with the current price of GM stock sitting roughly $4 per share above the issue price, the government will technically make money on the sale of these finals shares.