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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 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.
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.