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General Motors (Page 15)

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 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.
By Patrick Rall on October 30, 2013 - 7:23PM
General Motors announced their 2013 Q3 results earlier today and while the good news was net income of $700 million dollars, the bad news is that the net income figure decreased by better than 50% compared to the same period last year.
By Patrick Rall on October 17, 2013 - 5:13PM
General Motors has announced that the pricing of the 2014 Chevrolet Silverado 1500 and GMC Sierra 1500 pickups will go up by as much as $1,500 – making the most expensive option in the half ton truck market even pricier.
By Patrick Rall on October 16, 2013 - 8:26PM
The high performance Z51 package for the 2014 Chevrolet Corvette Stingray Coupe has proven to be extremely popular with the early buyers – so popular that it has caused a supplier-level production constraint that could force new buyers to wait as much as a year.
By Patrick Rall on October 15, 2013 - 11:05AM
General Motors has just announced the results of their team’s testing session with the 2014 Chevrolet Camaro Z/28 at the Nürburgring and with a time of 7:37.47 – making the new Z/28 the fastest American muscle car around the famous German track and what makes this time even more impressive is the fact that this record lap was achieved in the rain.
By Patrick Rall on October 14, 2013 - 6:15PM
Just months after the 2014 Chevrolet Silverado and 2014 GMC Sierra half ton pickups began hitting dealerships around the country; General Motors has announced a voluntary recall of some 21,721 new trucks because the front seats could move in the event of a hard rear end collision.
By Patrick Rall on October 14, 2013 - 12:32PM
The 2014 Chevrolet Corvette Stingray will almost assuredly become one of the most heavily marketed products in the world of toys and apparel but with the help of the new Monopoly Empire board game – the C7 Corvette has become the first real car to be featured in the legendary game series.
By Patrick Rall on October 11, 2013 - 7:16PM
General Motors has just announced the pricing for the 2014 Cadillac ELR and getting your hands on this new super efficient luxury coupe won’t come cheap – with a price starting at $75,995 before any applicable electric vehicle credits.
By Patrick Rall on October 10, 2013 - 4:17PM
General Motors has announced plans to recall 1,658 examples of the Chevrolet Sonic sedan over a concern that the straps responsible for holding the fuel tank up could fail – possibly leading to damage to the fail tank and a vehicle fire.
By Patrick Rall on October 8, 2013 - 8:04PM
The Nissan Leaf outsold the Chevrolet Volt in September 2013, giving the all electric Nissan the monthly EV sales title for the 5th time in the first nine months of the year but due to some record numbers by the Volt last month – the extended range electric Chevy still leads the annual EV sales race.
By Patrick Rall on October 8, 2013 - 12:23PM
After teasing the 2015 Cadillac Escalade in headlight, badge and interior images, General Motors has dropped the full details on the next generation super luxury sport utility vehicle.
By Patrick Rall on October 4, 2013 - 12:07PM
The first official monthly sales numbers are in for the 2014 Chevrolet Corvette Stingray and in addition to the basic sales figures, we have some interesting statistics on the buying trends of the first batch of C7 Vettes to hit the street.
By Patrick Rall on October 3, 2013 - 11:59AM
After a year long hiatus, General Motors has resumed the plant tour program for the Bowling Green Kentucky facility where the Chevrolet Corvette is built – now offering Corvette fans a chance to watch the C7 Stingray come to life in person.
By Patrick Rall on October 2, 2013 - 4:18PM
General Motors announced earlier that the new 6.2L V8 powering the top of the line 2014 Chevrolet Silverado and GMC Sierra will offer best in class horsepower and best in segment torque so it should come as no surprise that these new half ton trucks can tow more than any of the competition – but what is impressive is that fact that the 6.2L V8 can also deliver 21 miles per gallon.
By Patrick Rall on October 2, 2013 - 3:15PM
A shortage in the supply chain of the 5.3L V8 is causing production of the 2014 Chevrolet Silverado and GMC Sierra in their most popular forms – slowing sales as prospective consumers and dealerships are put on hold for the high volume engine option.