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General Motors (Page 39)

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 September 26, 2011 - 11:37AM
Microsoft and Turn 10 Studios has announced that the first playable demo for the upcoming Forza Motorsports 4 will be available on October 3rd for Xbox Live Gold members (October 7th for everyone else) and when the game is launched in the US on October 11th, Forza aficionados will have a chance to snag a ton of extra content with the Season Pass.
By Frank Sherosky on September 24, 2011 - 8:30PM
General Motors Company (NYSE: GM) in a surprise move to many stock investors went outside of internal corporate candidates to name James A. Davlin as GM vice president finance and treasurer, effective Oct. 3. Davlin joins GM from Deere & Company (NYSE: DE).
By Keith Griffin on September 23, 2011 - 7:52PM
The best pickup truck for $30,000 is the Ram 2011 1500 Quad Cab Hemi according to a recent comparison test against Ford, Chevrolet, Nissan and Toyota pickups. Let the debates begin among the fan class for each truck.
By Patrick Rall on September 23, 2011 - 4:48PM
While speaking with a group of reporters in Dearborn, Ford Motor Company sales analyst George Pipas stated that the truck segment as a whole is the strongest it has been this year – currently holding about 13% of the overall American new car market.
By Frank Sherosky on September 23, 2011 - 12:03PM
Shanghai GM (Shenyang) Norsom Motors, GM China’s joint venture with SAIC and Shanghai GM in Shenyang, today broke ground for its new manufacturing facility.
By Hawke Fracassa on September 23, 2011 - 11:40AM
Among trends in the leasing industry reported by LeaseTrader.com are that short-term leasing "remains strong," lease buyouts for Toyota and Lexus automobiles are easing and the Chevrolet Volt is gaining lease customers.
By Frank Sherosky on September 22, 2011 - 6:00PM
With its signed agreement with General Motors (NYSE: GM), it is clear that General Electric (NYSE: GE) has officially joined the auto stock sector with its contribution to the charging infrastructure of the EVS in China.
By Hawke Fracassa on September 22, 2011 - 4:34PM
The city of Chicago has ordered 80 natural gas-powered vans and trucks from Advantage Chevrolet in Hodgkins, Ill. The contract awarded by the city asks Advantage to supply one of America's largest urban centers with up to 40 compressed natural gas-powered Chevrolet Express vans and up to 40 CNG-powered Chevy Silverado pickup trucks.
By Patrick Rall on September 22, 2011 - 1:42PM
General Motors plans to raise the bar for the muscle car industry when they introduce the 2012 Chevrolet Camaro ZL1 early next year but before these new high performance Camaros hit the streets, GM hopes to drive more interest in the 580 horsepower ZL1 via a handful of short commercials highlighting the car’s capabilities.
By Hawke Fracassa on September 22, 2011 - 1:11PM
People who go to the auto show in Orange County, Calif., through the end of this weekend will be able to test drive dozens of 2012 cars, trucks and vans -- everything from the new Volkswagen Beetle to the Fiat 500 and Chevrolet Sonic.
By Frank Sherosky on September 22, 2011 - 9:45AM
Does it make sense that the leading automotive technology company in the world should cave in to the demands of a country? Well, General Motors (NYSE: GM) did when it agreed to revealing its electrical technology secrets to China just before GM China hosted the "Driving Technology to Tomorrow" event.
By Hawke Fracassa on September 22, 2011 - 2:02AM
The new Quarterly Car Buyers Market Report issued Wednesday by NADAguides identifies nine current "recommended buys" from Audi, BMW, Chevrolet, Ford, GMC, Hyundai, Land Rover, Toyota and Volkswagen.
By Hawke Fracassa on September 21, 2011 - 7:23PM
The UAW-General Motors contract has most of the rank and file optimistic about the state of GM, but their jubilance is tempered by the official shutdown of a factory in Shreveport, La. Closing Shreveport Operations for good was the "saddest part" of negotiations, UAW negotiator Joe Ashton told reporters today.
By Hawke Fracassa on September 21, 2011 - 4:36PM
The new contract for auto workers between the UAW and General Motors Co. should get ratified in record time and by an overwhelming margin because the UAW got a lot from GM: At least 6,400 more union jobs, job security, more products to build, plant reopenings, auto workers' first raises in eight years and $5,000 profit-sharing checks. But there were some people who didn't benefit from this four-year contract.
By Patrick Rall on September 21, 2011 - 1:26PM
The new contract between General Motors and the UAW is all but set in stone and while the Ford contract talks have been the main interest of the media due to their capacities to strike, GM has become the first American automaker to secure their future with the UAW – the major terms of which we will look at right now.
By Kate McLeod on September 20, 2011 - 7:29PM
General Motors has said it will build a next-generation mid-sized pickup in Missouri. As part of its agreement with the UAW it also said that it will reopen the Saturn assembly plant in Spring Hill, Tennessee to build two new mid-sized vehicles there also.
By Kate McLeod on September 20, 2011 - 12:55PM
Shanghai Automotive Industry Corporation, Ltd. (SAIC) Chairman Hu Maoyuan and General Motors Co. (GM) Chairman and CEO Dan Akerson agreed today in Shanghai to co-develop a new electric vehicle architecture in China. This EV architecture will be the first to be co-developed by the two companies.
By Patrick Rall on September 20, 2011 - 11:28AM
The new Cadillac ATS is expected to hit US streets in the middle of next year, giving the American luxury brand a model to go head to head with the BMW 3-Series but thanks to the folks at Autoblog, we have an early look at the sporty sedan tearing its way around the famed Nürburgring.
By Hawke Fracassa on September 19, 2011 - 9:38PM
When the UAW stopped talking with Ford Motor Co. and the Chrysler Group to give its full attention to putting together a four-year contract with General Motors Co., the two smaller car companies in the Detroit Three family reacted in different ways to the interruption.
By Hawke Fracassa on September 19, 2011 - 5:05PM
With the UAW's four-year contract with General Motors Co. all but in the rearview mirror, the auto union will immediately set its sights on the quick wrap-up of a contract with Chrysler Group LLC, a company on wobbly financial ground, and Ford Motor Co., a profitable enterprise that is ripe to be a strike target, down economy or not. The two companies employ 67,000 members of the UAW.
By Hawke Fracassa on September 19, 2011 - 3:59PM
All eyes of the automotive industry will be on Detroit Tuesday, when every president of every UAW local in America will come to the auto capital of the world to hear specifics of the proposed four-year UAW-GM contract that union negotiators created with General Motors Co.
By Patrick Rall on September 19, 2011 - 12:35PM
The 2012 Chevrolet Camaro ZL1 will hit the streets early next year as the most powerful Camaro in the Chevrolet brand’s storied history of high performance models and while a proper 6-speed manual transmission will be offered in the ZL1, General Motors expects that more than 50% of these super-Camaros will be fitted with the 6-speed automatic transmission.
By Gordon Block on September 18, 2011 - 2:06PM
Vauxhall will donate engines to the HMYOI Aylesbury young offender correctional facility in the United Kingdom, hoping to give young people the chance to develop valuable workplace skills as they get their lives back in order.
By Hawke Fracassa on September 18, 2011 - 1:38AM
If the pending four-year contract negotiated by the UAW with General Motors Co. has you curious to find out what a GM auto worker is paid to put bumpers on Buicks, pay attention: You're about to learn how UAW members will be compensated through 2015.
By Frank Sherosky on September 17, 2011 - 8:27PM
When Shanghai OnStar Telematics Co., Ltd. opened its second call center in the city of Xiamen, China became a member of the fastest-growing telematics markets in the world.
By Hawke Fracassa on September 17, 2011 - 6:59PM
The Saturn Ion was a great compact car for first-time car buyers as the Saturn brand was limping on its last legs. The affordably priced Ion was one of the last vehicles of the almost 4 million vehicles that were made by Saturn at the factory in Spring Hill, Tenn., over the course of 17 years. That same plant is expected to be resuscitated as part of the pending contract between General Motors and the UAW.
By Hawke Fracassa on September 17, 2011 - 5:32PM
General Motors Co. as part of its pending agreement with the UAW is poised to reopen an idled factory near Nashville by next summer to fulfill a promise to the UAW to create jobs. More than 2,000 people would need to be hired or brought off layoff in Tennessee if General Motors plans to run that plant full blast to make cars.
By Hawke Fracassa on September 17, 2011 - 2:39AM
General Motors Co. (NYSE:GM, TSX: GMM) and the UAW shook hands on a four-year contract late Friday, giving GM's rank and file their first pay raises in eight years. While terms of the General Motors-UAW deal weren't immediately disclosed, Reuters reported that 48,500 unionized GM workers would get $5,000 "signing bonuses" and that at least 570 laid-off workers would be re-employed.

By Patrick Rall on September 15, 2011 - 11:13AM
The current labor contract between the UAW and the Detroit Big 3 automakers was set to expire last night at 11:59pm but all parties have agreed to an extension on the current contract as the union negotiates with Ford, General Motors and Chrysler.
By Patrick Rall on September 14, 2011 - 11:04PM
The Dodge Viper has been out of production for over a year but after watching the Chevrolet Corvette ZR1, the Porsche 911 GT2 and the Lexus LFA Nürburgring Edition bump the Viper from the top spot, Chrysler’s SRT division headed back out to the famous German race course with stunning results as the 2010 Dodge Viper ACR ran a lap of just 7:12.13 – easily putting the Viper back atop the list of the fastest production vehicles around “the ‘Ring”.