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General Motors (Page 40)

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 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”.
By Kate McLeod on September 14, 2011 - 9:19PM
The name of the game these days in engine refinement is better fuel economy. General Motors engineer, Jim Vallance and his colleagues took a page from stereo headphone technology to achieve a higher fuel economy on the 2011 Chevy Equinox.
By Hawke Fracassa on September 14, 2011 - 4:36PM
President Obama spoke to students at North Carolina State University in Raleigh today to promote the new American Jobs Act, which he says will alleviate chronic unemployment for auto workers, teachers and others. He also pressed forward the idea that Americans must be known again for the quality of their manufacturing skills.
By Frank Sherosky on September 14, 2011 - 9:28AM
Despite an unconfirmed rumor set off by Der Spiegel Online that General Motors and the German automaker BMW are seeking some sort of cooperative arrangement with IC engine and electric propulsion, probability seems high, logical on the surface, but less of a win-win, at least for GM.
By Frank Sherosky on September 12, 2011 - 10:30AM
General Motors remains the No. 1 innovator among 184 companies ranked by The Patent Board in its quarterly automotive and transportation industry scorecard.
By Patrick Rall on September 9, 2011 - 7:50PM
The 2012 Chevrolet Sonic enters the world with the hopes of exercising the devils of the Chevy Aveo that it is replacing and those wanting to get their hands on one of these spunky new Chevy B segment compacts can now build their dream Chevy Sonic on the Chevrolet website.
By Patrick Rall on September 9, 2011 - 6:43PM
The Buick Regal is very closely based on the European Opel Insignia so when spyshots surfaced showing a Buick Regal Wagon in the Detroit area, many assumed that the Opel Insignia Sports Tourer would be making an appearance as a sports wagon for the Buick brand but according to multiple sources, that isn’t going to happen.
By Patrick Rall on September 9, 2011 - 6:17PM
We are growing ever closer to the world’s first look at the Cadillac ATS (the vehicle dubbed GM’s BMW 3-Series fighter) and GM recently published a video on the internet of GM boss Mark Reuss driving the new ATS on a closed circuit – offering us a handful of quick looks at the interior features of the new sedan including Mr. Reuss rowing his own gears with the manual transmission.
By Patrick Rall on September 9, 2011 - 11:06AM
Since we first learned that the 2012 Chevrolet Camaro ZL1 would feature the same supercharged LSA V8 found in the Cadillac V-Series lineup, there have been speculations as to how much power this new super-Camaro would offer but today, GM has announced that the ZL1 officially makes 580 horsepower and 556 lb-ft of torque – making it the most powerful Camaro in the model’s history.
By Hawke Fracassa on September 8, 2011 - 8:44PM
Almost twice as many people since 2007 are leasing cars without test-driving them first, and most drivers are making the transactions over the Internet, according to LeaseTrader.com, which studies industry trends and statistics.
By Patrick Rall on September 8, 2011 - 6:13PM
The Buick brand has seen strong growth over the past year thanks to new models like the LaCrosse, Enclave and the Regal with the 2012 Buick Verano expected to help this affordably luxury brand to enter the C-segment – with more success expected with the recently announced 2012 Verano MSRP of $23,470 (with the $885 destination fee).
By Don Bain on September 7, 2011 - 5:03PM
GM Design, reportedly the industry's first and largest automotive design facility worldwide, has been named one of Crain's 2011 "Cool Places to Work," based on the ability to communicate with employees, attract/retain talent and create a productive work environment, among other criteria.
By Keith Griffin on September 7, 2011 - 11:54AM
GM and its domestic partners in China had a record August with sales up 13.4 percent year over year. Total sales on an annualized basis were 205,885 units with Buick being a strong driving force.
By Kate McLeod on September 7, 2011 - 11:36AM
China wants GM to share valuable technology information about Chevy Volt to give the company access to its market with subsidies.
By Patrick Rall on September 6, 2011 - 6:35PM
According to multiple sources including the Detroit News, the 42 Union Auto Worker’s Locals around the country were asked to place their votes on whether or not they are willing to go on strike and while not all of those Locals have reported their results, those who have announced their results are 97% in favor of walking out.
By KC Kelly on September 6, 2011 - 12:25PM
The General Motors Group and Affinion Loyalty Group are teaming up to host a GM ride and drive event to support United States military troops. The drive will help acquire cell phone donations for our soldiers through the program called, “Cell Phones for Soldiers”.
By Hawke Fracassa on September 5, 2011 - 6:24PM
President Obama told 12,000 Detroiters at a Labor Day event in downtown Detroit this afternoon that Detroit produces "the best cars in the world." What follows is a complete recitation of the speech he gave, unedited and provided to TorqueNews.com by the White House.
By Hawke Fracassa on September 5, 2011 - 3:14PM
When President Obama came and left my hometown of Detroit, the hub of the auto world, this Labor Day, it reminded me that when a president visits, there is no such thing as freedom of the press. The president's minions make sure of that. They set limits and rules, and we capitulate. Most journalists consider it a privilege to cover the president, no matter what the story is. It is a privilege. But it's also a pain in the butt.
By Hawke Fracassa on September 4, 2011 - 8:49PM
President Obama came to the union auto worker hotbed of Detroit this Labor Day to celebrate the value of Big Labor with people who make and assemble cars and trucks, and their families. While he did that, Michigan Republicans used his visit as an impetus to raise money.
By Patrick Rall on September 2, 2011 - 5:22PM
General Motors had another good month in August 2011, moving 218,479 vehicles for an improvement of 18% over August last year – making them the top dog in terms of sales volume and third behind Nissan and Chrysler in terms of growth.
By Patrick Rall on September 2, 2011 - 4:05PM
Robert “Bob” Lutz is one of the most well-known men in the American automotive industry and after leaving General Motors on Mat 1st 2010 for retirement, the country’s largest automaker has announced the retention of Lutz to help “provide counsel to the senior leadership team of the company.”
By Patrick Rall on September 2, 2011 - 11:43AM
There has been no official word yet but according to multiple sources, the Lexus LFA Nürburgring Edition has shown that its name is more than a marketing scheme as this specially tuned Lexus supercar has reportedly set the new production car record on the Nürburgring Nordschleife course with a stunning lap of just 7:14.
By Patrick Rall on September 1, 2011 - 4:45PM
The Chevrolet Camaro once again lead the segment in sales, with the Chevy muscle besting the Ford Mustang, Dodge Challenger and Nissan 370Z through August 2011 – the 7th time Chevy has lead the segment out of the 8 months of 2011.
By Patrick Rall on September 1, 2011 - 2:50PM
Sales figures for August 2011 are trickling in from around the world and once again, the Nissan Leaf has badly outsold the Chevrolet Volt for the 5th month in a row – this time by a margin of roughly 4.5 Leafs sold to every Volt.
By Patrick Rall on August 31, 2011 - 3:25PM
General Motors expected that when the new electric powered Chevrolet Volt began hitting dealerships around the country, it would attract new buyers and as the Volt hits more and more regions of the US – dealerships are reporting that this innovative electric sedan is indeed bringing in new faces the their dealerships.
By Patrick Rall on August 30, 2011 - 4:58PM
Ford is currently in talks with the Union Auto Workers over a new contract but with talks going very slowly, one major production facility has already voted to strike while another is currently voting with expectations of a similar decision.