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General Motors (Page 38)

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 Hawke Fracassa on October 10, 2011 - 3:20AM
Leaders of union locals at Chrysler met with UAW President Bob King and his deputies for less than a half hour this morning at the UAW's Region 1 office in Warren, Mich. King told them his bargaining team hopes to have a four-year deal in place with the Detroit Three's smallest carmaker by Wednesday.
By Frank Sherosky on October 9, 2011 - 1:04PM
Set your calendar to Wednesday, October 12, 2011 when General Motors (NYSE: GM) will announce to the media and the public about details of returning Chevrolet to INDYCAR.
By Gordon Block on October 9, 2011 - 12:21PM
The Chevy Sonic will get a higher-performance version powered by the Cruze's 1.4L turbo engine, but Chevrolet admits it's not worthy of an SS badge.
By Frank Sherosky on October 7, 2011 - 10:32AM
General Motors Company (NYSE:GM) is teaming up with RelayRides, the world's peer-to-peer carsharing marketplace; and OnStar with mobile apps are once again playing a key part.
By Patrick Rall on October 6, 2011 - 7:36PM
Sales numbers for September 2011 are in and for the sixth month in a row, the Nissan Leaf has outsold the Chevrolet Volt even though the Nissan saw a drop in sales last month while the electric Chevy saw a healthy increase from the month before.
By Patrick Rall on October 6, 2011 - 5:06PM
General Motors announced yesterday that they had taken the 2012 Chevrolet Camaro ZL1 to the famed Nürburgring through the world of social media and today, we have our first look at the ZL1 roaring around the massive road course – offering us a virtual ride along in the new super Camaro as it ran a time that puts it on par with some very exotic company.
By Patrick Rall on October 6, 2011 - 12:11PM
You rarely think of an American muscle car as fitting into the category of a supercar but with a recent trip to the famed Nürburgring, the 2012 Chevrolet Camaro ZL1 turned out lap times on par with some of the most well known (and most expensive) supercars in the world with a stunning time of 7:41.27.
By Hawke Fracassa on October 6, 2011 - 12:00AM
The UAW's handshake deal with Ford Motor Co. is so sweet that the union council that endorsed taking the four-year contract to the membership for ratification isn't worried about backlash or backtalk from the rank and file. And neither is the UAW's brass.
By Keith Griffin on October 5, 2011 - 11:35AM
If you could make a few bucks renting your car out, would you? GM and RelayRides are betting you will want to become part of peer-to-peer car sharing through an exclusive relationship that was announced in Detroit.
By Armen Hareyan on October 4, 2011 - 8:15PM
In a very clear sign that GM listens to Chevy Volt potential buyers, Chevrolet today asked its Facebook followers "the biggest hurdle people need to overcome to consider electric vehicles."
By Patrick Rall on October 4, 2011 - 2:03PM
General Motors was once again the top selling automaker in the US market in September 2011, with 207,145 vehicles sold bringing the General an increase of 20% over the same month last year.
By Hawke Fracassa on October 4, 2011 - 5:11AM
The UAW will call a news conference today after presidents and chairs of its Ford Council review and then vote on a tentative four-year contract that is expected to be offered by Ford Motor Co. Bargainers are mum on all of the details going into the morning meeting in downtown Detroit because they don't want to jinx anything and nothing is signed yet.
By Frank Sherosky on October 3, 2011 - 9:42AM
Directions in Energy-Efficiency and Emissions Research (DEER) opened with ceremonies this morning. Torque News was on hand covering the first day of the event with live tweets, interviews, videos and article coverage of key presentations. And now read the evening update.
By Hawke Fracassa on October 3, 2011 - 3:29AM
After one week of serious face-to-face conversation, bargainers for the UAW and Ford Motor Co. are on the brink of consensus on a four-year deal for the automaker's 41,000 unionized rank and file that might include a $7,500 signing bonus and union-won promises of new and retained jobs at Ford.
By Frank Sherosky on October 2, 2011 - 1:11PM
General Motors Company (NYSE: GM) and the Government of St. Petersburg signed a memorandum of understanding (MOU) to work together on automotive technology to help sustain growth in the Russian auto industry.
By Frank Sherosky on October 2, 2011 - 12:11PM
How many automotive air bags does it take to save a life in a side-impact crash? According to General Motors (NYSE: GM) at least one more than what you may have now, in the center between the driver and the front passenger.
By KC Kelly on September 30, 2011 - 12:41PM
Chevrolet will be partnering up with the American Cancer Society to continue the everlasting fight against breast cancer. The partnership comes at a very interesting time as well.
By Frank Sherosky on September 30, 2011 - 11:38AM
In an update, GM responded to the rating agency, Standard & Poor's of General Motors Company (NYSE: GM) credit rating in direct response to the company's new four-year-labor deal with the UAW. Question still remains, though: Will it make much of a difference to the present stock price in light of overwhelming economic conditions affecting the entire auto stock sector?
By Patrick Rall on September 29, 2011 - 12:20PM
Rumors around the high performance muscle car world are indicating that when the 2011 SEMA Show opens, GM Performance Parts (GMPP) will unveil their new Stock Eliminator Chevrolet Camaro – a purpose built drag car that will help GM racers keep up with the likes of the Ford Mustang Cobra Jet and the Dodge Challenger V10 Drag Pak.
By Kate McLeod on September 29, 2011 - 11:43AM
GM is front and center with innovation as it introduces the industry’s first front center airbag on 2013 models. The front center air bag will be introduced on the Buick Enclave, GMC Acadia, and Chevrolet Traverse midsize crossovers in the 2013 model year. This new safety feature will be standard on Acadia and Traverse with power seats and all Enclaves.
By Keith Griffin on September 29, 2011 - 11:05AM
TrueCar.com rightly asks the question, "What recession?" as it reports that new car sales are up 10.1 percent over last September. The car site is predicting that annual new car sales for 2011 will be 12.75 million.
By Patrick Rall on September 28, 2011 - 3:33PM
Earlier today we brought you the news that the UAW announced that most of the Local union branches who had voted to ratify the new General Motors labor contract have voted in favor of the new deal and now, the move is official as the United Auto Workers have voted to ratify the new GM 4-year labor contract.
By Frank Sherosky on September 28, 2011 - 12:51PM
The connectivity segment of the auto industry is now becoming like the cell phone industry, where fickle consumers tire quickly of the latest gizmo and leave it by the roadside for the next big thing that comes along; and leases of GM, Ford, Toyota and others are directly affected.
By Patrick Rall on September 28, 2011 - 12:39PM
The final step of the full approval of the new labor agreement between General Motors and the UAW is voting for ratification by the Local union branches around the country and with 31 of the 50 or so Locals in the US, it looks like the new 4 year GM-UAW contract will be approved sometime today.
By Kate McLeod on September 27, 2011 - 7:29PM
General Motors is slowing down production of full-size pickups. The company announced that they will close their Fort Wayne, Indiana plant for the week of November 7 to adjust for a slower market demands for full-size pickups.
By Patrick Rall on September 27, 2011 - 3:03PM
If you were to picture an epic drag race between the Mercedes Benz C300 sport sedan and a Cadillac model you would probably expect the Caddy to be a new CTS or perhaps something in the V-Series for emphasis but General Motors has offered up a new video of the Mercedes being ripped up in a drag race by the new Cadillac Escalade – followed by the Escalade towing the Mercedes away on a trailer.
By Frank Sherosky on September 27, 2011 - 12:01PM
As the GM Thailand plant retooled the entire vehicle assembly line, and this week completed final build checks on pre-production models for the Chevrolet Colorado midsize pickup, the question about its contribution to GM stock value still remains.
By Hawke Fracassa on September 26, 2011 - 9:21PM
UAW retirees from General Motors Co. of Detroit and Chrysler Group LLC of Auburn Hills, Mich., will get enhanced health and dental benefits in 2012 via the UAW Retired Medical Benefits Trust, the union announced on its Facebook page.
By Patrick Rall on September 26, 2011 - 12:31PM
General Motors hasn’t offered much official information on the 7th generation of the Chevrolet Corvette but with the C7 expected to hit sometime around 2014, Inside Line is reporting that the next gen Corvette will come with a 7-speed manual transmission, allowing the Corvette to keep up with the Jones’ – with the Jones’ being the new Porsche 911.
By Gordon Block on September 26, 2011 - 12:10PM
Bob Lutz, the former chairman and now part-time adviser of General Motors, has taken a seat on the board of directors at a start-up manufacturer of electric vehicles called VIA Motors.