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General Motors (Page 42)

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.

New DeTomaso Pantera to debut in Frankfurt – with video
By Patrick Rall on July 12, 2011 - 11:18AM
The DeTomaso brand was reincarnated at the 2011 Geneva Motor Show with the Cadillac SRX-based Deauville crossover but the sports car that the brand is best known for will seemingly make its return at the 2011 Frankfurt Motor Show as the new DeTomaso Pantera storms onto the supercar scene.
General Motors offers free car insurance on new models
By Patrick Rall on July 11, 2011 - 12:43PM
Automakers are always trying to one-up the competition with various incentives and features by General Motors has announced that they will be the first company in the US to offer free auto insurance on new vehicles – but only in two states.
GM recalls Canyon, Colorado pickups for transmission risks
By Patrick Rall on July 5, 2011 - 9:02PM
The National Highway Traffic Safety Administration has issued a recall for a concern over a faulty securing pin in the automatic transmission shift linkage in certain 2011 Chevrolet Colorado and GMC Canyon pickups.
The Nissan Leaf bests the Chevy Volt in June 2011 sales
By Patrick Rall on July 5, 2011 - 4:45PM
The results from June 2011 have come in from around the US auto industry and for the third month in a row, the 2011 Nissan Leaf has outsold the Chevy Volt – now giving the Leaf the advantage in annual sales volume as well.
GM leads the US industry in June 2011 sales
By Patrick Rall on July 5, 2011 - 2:49PM
Once again General Motors has claimed the top spot in the American auto industry with a 10.5% improvement over June 2010 allowing them to sell 215,358 vehicles in June 2011.
General Motors stock rebounding from June lows
By Frank Sherosky on July 5, 2011 - 12:34PM
General Motors Company (NYSE: GM) stock, which is nine months into trading since its IPO, has made lower lows and lower highs since its nosedive earlier in the year, including a new IPO low in June. The price chart now indicates the stock is attempting a rebound. Question is, how much?
GM rearranges deck chairs in global product development
By Frank Sherosky on July 4, 2011 - 7:21PM
In a letter supposedly dated June 1, 2011 from the desk of Mary Barra, Senior Vice President of Global Product Development, the global product development team of General Motors (NYSE: GM) received news of a deep rearrangement of personnel. Question is, is it real or another shapeshifting event ala GM's past?
OnStar paying special attention to China with Mobile App launch
By Frank Sherosky on July 3, 2011 - 10:37PM
Lest you think telematics in America is the only thing on the mind of General Motors (NYSE:GM), think again. Shanghai OnStar Telematics recently launched its mobile application for subscribers across China.
Mustang battles back, beats Camaro, Challenger and 370Z in June 2011
By Patrick Rall on July 1, 2011 - 3:35PM
The Chevrolet Camaro has led in the rear wheel drive sports car segment over the Ford Mustang, Dodge Challenger and Nissan 370Z from January to May but as June 2011 sales results have trickled in – the Ford Mustang has claimed the top spot in sales for the month.
GM is trying to turn Opel into Gold
By Richard Gray on June 30, 2011 - 9:59PM
General Motors is trying to turn around its poor selling Opel, which is costly to build and isn’t thought of having the prestige to command higher prices.
GMC releases free shopping app for smart phone
By Frank Sherosky on June 30, 2011 - 10:10AM
Consider it a sign of the times. As 50 percent of smart phone owners use their devices as a shopping tool, GMC is releasing a new app so smart phone users can shop, research and configure a GMC vehicle via the GMC Showroom Mobile App whenever the urge strikes.
GM to explore advanced natural gas engine technology
By Richard Gray on June 29, 2011 - 3:51PM
General Motors tapped alternative fuel leader Westport Innovations, Inc., of Vancouver, BC, to develop advanced natural gas engine technology.
GM considering a Chevrolet Cruze coupe
By Patrick Rall on June 28, 2011 - 10:33AM
The new Chevrolet Cruze has quickly become one of the brand’s bestselling cars – even doing so well as to lead the segment in sales last month – and now it appears as though General Motors might offer up a 2-door coupe of the popular C-segment model.
Introducing the 2012 Chevrolet Camaro Transformers Special Edition Camaro Coupe
By Patrick Rall on June 27, 2011 - 12:00PM
The Chevrolet Camaro holds the leading role among cars that can talk in the modern Transformers series and with Transformers 3: Dark of the Moon set to hit theaters on June 28th, Chevrolet has announced the newest special edition Transformers-themed Camaro for the 2012 model year.
Chevrolet Corvette Z06
The Chevrolet Corvette Z06 sets a new best at the Ring
By Patrick Rall on June 24, 2011 - 6:05PM
It’s been a great month for the Chevrolet Corvette, with the mighty ZR1 setting a new American production car record at Germany’s Nürburgring early this month and now the 2012 Corvette Z06 has set a new personal best of 7:22.68 around the world’s most well-known road course.
UAW votes to strike at GM Orion Plant
By Patrick Rall on June 24, 2011 - 1:54PM
UAW Local 5960 voted Wednesday in favor of a strike by workers employed by LINC Logistics, a company that provides third-party labor for General Motors at their Orion Production Facility in Michigan.
GM builds the 5 millionth Chevrolet Camaro
By Patrick Rall on June 20, 2011 - 12:16PM
The 2011 Chevrolet Camaro is the bestselling model in its class, outselling the Mustang and Challenger every month this year and this success has helped the bowtie-clad muscle car see its 5 millionth production unit roll off of the assembly line at the Oshawa Ontario production facility.
The 2012 Chevy Cruze gets more features, more mpg
By Patrick Rall on June 17, 2011 - 10:29AM
The Chevrolet Cruze has quickly become one of General Motors’ bestselling models but when the 2012 Cruze models start hitting showrooms, they will offer more standard features and improved fuel economy over the current (2011) models.
GM stock breaks to new low, the 6th in past 11 days
By Frank Sherosky on June 16, 2011 - 3:08PM
Since the IPO of the new General Motors Company (NYSE: GM), the stock has not only failed to meet investor and analysts expectations, but has been increasing its pace of making new lows ever since. The low of $28.29 from a few days ago was challenged today and broken one hour before the close. Market Close Update: GM's new low is $28.16 with the daily close at $28.57.
2012 Chevrolet Corvette
The 2012 Corvette to see price increases
By Patrick Rall on June 14, 2011 - 5:47PM
The Chevrolet Corvette has seen better days with regards to sales even with no real competition in the current American market but that’s not stopping GM from hiking the price for the 2012 model year.
GM to invest $47 million In Defiance casting facility
By Patrick Rall on June 14, 2011 - 8:15AM
General Motors has announced that they intend to invest $47 million in their Defiance, Ohio casting facility to prepare the plant for increased output of components of the popular 1.4L 4-cylinder Ecotec and the next generation small block V8.
General Motors Venture LLC to invest $6 million in Protera Inc.
By Frank Sherosky on June 13, 2011 - 10:08PM
As part of a $30 million package to commercialize technology, including a rapid-charging transit system and other next-generation technologies that support innovation in the global transportation industry, General Motors Ventures LLC will inject $6 million, a 20 percent of the total stake in Proterra Inc., a leading maker of zero-emission commercial transit buses.
GM to offer an auto trans, performance traction system on Camaro ZL1
By Patrick Rall on June 13, 2011 - 12:19PM
While speaking at the Camaro homecoming at the Oshawa production facility, the lead man for the Camaro offered a few choice comments on the upcoming 2012 Chevrolet Camaro ZL1, including the fact that the super muscle car will feature the performance traction management system from the Corvette ZR- along with an automatic transmission and even more horsepower.
GM, Ford, others may get 'connected vehicle' technology in 2013
By Hawke Fracassa on June 11, 2011 - 8:04PM
Clinics are planned for drivers in six U.S. cities so the U.S. Department of Transportation can test technologies that show how drivers react to "vehicle-to-vehicle" communications that, if fine-tuned, will enable cars on American roads to avoid accidents and save the lives of occupants.
Car companies team to further 'Future of Transportation'
By Hawke Fracassa on June 11, 2011 - 7:08PM
About 10,000 professionals and politicians will meet in Orlando this fall to analyze and review future technologies and intelligent vehicles aimed at making transportation economically and environmentally better, safer and more convenient for everyday people.
GM adds free scheduled maintenance for two years for Certified Pre-Owned vehicle
By Gordon Block on June 11, 2011 - 12:06PM
Free scheduled maintenance, including oil changes, is now part of GM's Certified Pre-Owned program, which covers the Chevrolet, Buick, and GMC brands.
New York man tries to sell 2010 Camaro SS, wife on eBay
By Patrick Rall on June 10, 2011 - 12:54PM
Divorce can be messy, often resulting in items like sports cars being sold off as the couple splits up the assets but one guy from Lancaster, New York has gone to eBay in an effort to sell his 2010 Chevrolet Camaro SS – or his wife – going so far as to offer up a side-by-side comparison of the two.
The 2011 Cadillac SRX recalled for airbag risks
By Patrick Rall on June 10, 2011 - 12:01PM
General Motors has issued a recall of 2011 Cadillac SRX models because the explanation of how the airbag system works in the owner’s manual differs from how it actually functions – putting the popular SRX in violation of Federal Motor Vehicle Safety Standards.
NHTSA investigates the electric vehicle segment for fire risks
By Patrick Rall on June 10, 2011 - 10:36AM
The National Highway Traffic Safety Administration has opened an investigation that is slated to spend the next three years investigating whether modern electric vehicles with lithium ion batteries pose a significant fire risk to consumers from overcharging.
Scarcity of Ford Explorer helps GMC Acadia
By Hawke Fracassa on June 9, 2011 - 4:18PM
NADAguides today put out its Most In Demand Vehicles Report – a list of the best new cars and trucks that sell well and are highly sought but are hard to find because factories are barely keeping up with demand. The list, which caters to discerning buyers who are driven by value, also identifies vehicles of similar quality and price, with greater availability.
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