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General Motors (Page 43)

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.

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.
201 ZR 1
The 2012 ZR1 smashes the Viper ACR's ‘Ring record - with video
By Patrick Rall on June 9, 2011 - 3:47PM
Today the folks at General Motors posted a video on YouTube of the 2012 Chevrolet Corvette ZR-1 on the famed Nürburgring race course in Germany – a video in which the ZR-1 turned a stunning lap time of just 7:19.63, effectively destroying the record held by the Dodge Viper SRT10 ACR since August 2008.
OnStar wins Best Telematics Safety Technology Award for ninth time
By Frank Sherosky on June 8, 2011 - 9:53PM
OnStar won the Best Telematics Safety Technology Award from Telematics Update, the ninth consecutive year OnStar has received an International Telematics Update Award.
GM CEO says higher gas taxes good for Americans
By Roman Rosa on June 7, 2011 - 8:53PM
In a two hour interview last week, General Motors CEO Dan Akerson told the Detroit News that he wanted to see the tax on gas raised by a dollar per gallon in order to pressure consumers to purchase more fuel efficient vehicles.
American muscle cars outsell hybrids in May 2011
By Patrick Rall on June 7, 2011 - 6:05PM
According to the folks at USA Today, the Dodge Challenger, Chevrolet Camaro and Ford Mustang outsold all hybrid models sold in May by a margin of almost 10%.
Buick: the only domestic brand powered exclusively by direct injected engines
By Frank Sherosky on June 5, 2011 - 9:34PM
According to the latest Buick news release, across-the-board use of direct injection in the Buick lineup is helping to take translation layers out of the delivery process to reduce both fuel consumption and emissions.
GM stock breaks to new low below $29
By Frank Sherosky on June 3, 2011 - 4:05PM
Attention on deck! Since the IPO of the new General Motors Company (NYSE: GM), the stock has failed to meet investor and analysts expectations, with the latest route to a new low, breaking below $29. (Monday, June 6, 2011 Morning Update: GM stock still languishing)
2011 Chevrolet Volt Earns Five-Star Overall Safety Rating
By Keith Griffin on June 3, 2011 - 1:51PM
Not only can you drive green with the 2011 Chevrolet Volt, you can also drive safely because it has garnered a five-star overall vehicle score for safety as part of the National Highway Traffic Safety Administration’s New Car Assessment Program.
GM struggles in May 2011 but still leads the industry in sales
By Patrick Rall on June 2, 2011 - 8:14PM
General Motors had a rough month like many other automakers in the Japanese-disaster-hit May 2011 but with a miniscule decline of just over 1%, the four remaining brands of GM were able to keep the automaker atop the sales chart for the US auto industry.
Camaro leads in May 2011 as segment sales slow
By Patrick Rall on June 2, 2011 - 1:16PM
The numbers from the major players in the rear wheel drive performance segment and even though numbers are down across the board, for the fifth straight month the Chevrolet Camaro has posted a comfortable lead in the segment over the Ford Mustang, the Dodge Challenger and the Nissan 370Z.
The Nissan Leaf easily outsells the Chevy Volt in May 2011
By Patrick Rall on June 2, 2011 - 12:06PM
Sales figures from around the industry are trickling in and it looks as though the 2011 Nissan Leaf has outsold the 2011 Chevrolet Volt as the battle of the electric vehicles rages on.
Taxpayers to Lose $14B in Auto Bailout Funds
By Steve Auffinger on June 2, 2011 - 12:02PM
The Obama Administration reported Chrysler has repaid all of its loans, and General Motors has paid back approximately half.
The 2014 Chevrolet Impala will be bigger, more upscale
By Patrick Rall on June 2, 2011 - 11:22AM
General Motors has big plans for the next Chevrolet Impala – including a new engine, new home and evidently, a new platform that will offer more room accompanied by a more upscale feel as Chevrolet works to put some distance in the lineup between the Impala and the (barely) smaller Malibu.
GM rearranging Global Leadership Team with Nesbitt appointment
By Frank Sherosky on June 1, 2011 - 8:49AM
Unlike the pre-bankruptcy days, General Motors (NYSE: GM) must be careful not to rearrange the corporate deck chairs just for the sake of rearranging. Any change has to be cognizant of global markets; and Bryan Nesbitt has the confidence of GM’s management.
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