General Motors (Page 44)

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.

Paul Dehnert's 1994 Corvette ZR-1s sell at 2011 Mecum Indy

By Patrick Rall on May 23, 2011 - 12:39PM

The 1990-1995 Chevrolet Corvette ZR1 effectively raised the bar for American high performance and with under 7,000 units made over the course of its 6-year run, it is also one of the more rare Corvettes - but the 2011 Mecum Indy Auction featured three red 1994 Corvette ZR-1s owned by the late collector Paul Dehnert.

The engine of the Lingenfelter Corvette ZR-1 415 with 650hp

By Patrick Rall on May 23, 2011 - 12:36PM

The stock engine of a 1994 Chevrolet Corvette ZR-1

By Patrick Rall on May 23, 2011 - 12:34PM

A fully stock 1994 Chevrolet Corvette ZR-1

By Patrick Rall on May 23, 2011 - 12:33PM

A look at the 1994 Corvette ZR-1 with the Lingenfelter 415/650hp package.

By Patrick Rall on May 23, 2011 - 12:31PM

The 1994 Chevrolet Corvette ZR-1 with the Lingenfelter Twin Turbo package

By Patrick Rall on May 23, 2011 - 12:29PM

A 1994 Lingenfelter ZR-1 Twin Turbo and Lingenfelter ZR-1 415 side by side

By Patrick Rall on May 23, 2011 - 12:28PM

Facebook comments negative on Chevy Cruze inflator replacing spare tire

By Frank Sherosky on May 23, 2011 - 10:05AM

Despite all the hoopla by GM marketing, one visit to GM and Chevy on Facebook tells it all. The public response is NOT overwhelmingly in love with replacing spare tires with inflators.

GM Orion Assembly Plant to get 40 percent power from landfill gas

By Frank Sherosky on May 20, 2011 - 12:47PM

When production of the fuel-efficient 2012 Chevrolet Sonic and Buick Verano begin this fall, 40 percent of the energy to power the General Motors Orion Assembly Plant where they are built will come from burning landfill gas created nearby.

GM preparing Chevy Volt for export to Europe, China and Canada

By Frank Sherosky on May 20, 2011 - 11:41AM

Already in tight supply, the number of Chevy Volts available for delivery to retail customers will be further restricted over the next three months before production resumes and the Volt and the Opel Ampera begin being exported to Canada, Europe and China.

The Mecum 2011 Indy Spring Classic has something for everyone

By Patrick Rall on May 19, 2011 - 8:34PM

TorqueNews has spent the last two days working through the 2000+ cars of the 2011 Mecum Indy Spring Classic Auction and there is one thing that we’ve learned - this event has something for everyone.

GM believes future of transportation is electric, builds 1st electric car plant

By Don Bain on May 18, 2011 - 3:33PM

When completed during 2013, the General Motors electric motor plant near Baltimore will be the first facility of a major U.S. automaker focused on making the critical components for electric vehicles. Further a solar array will provide up to nine percent of the power needed for the existing two-mode hybrid and heavy-duty transmission building.

The 2011 Mecum Indy Auction begins today

By Patrick Rall on May 17, 2011 - 3:51PM

Today at the Indiana State Fairgrounds, the 24th annual Dana Mecum Original Spring Classic Auction kicked off – offering buyers and tire-kickers a chance to look at the world’s largest collector car auction with some of the most amazing modern and vintage vehicles that you will ever see in one place.

Chevrolet Impala to get 302hp in 2012

By Patrick Rall on May 17, 2011 - 10:27AM

When the 2012Chevrolet Impala hits the market later this year, it will be powered by the 3.6L V6 originally found in the Chevrolet Camaro – packing 302 horsepower and 252lb-ft of torque.

GM named Innovation Leader by Patent Board

By Frank Sherosky on May 15, 2011 - 1:47PM

The Patent Board has ranked General Motors as the No. 1 innovator of 182 companies in its quarterly automotive and transportation industry scorecard.

GM to invest $109 million in Michigan engine facilities

By Patrick Rall on May 13, 2011 - 12:36PM

General Motors has been in the news quite a bit lately for announcements of improvements to plants around the US and today, GM has announced that they will invest $109 million in their Flint and Bay City facilities to help meet growing demand for their more fuel-efficient models.

GM CEO Akerson buys $939k in company stock

By Patrick Rall on May 13, 2011 - 10:07AM

General Motors’ CEO Dan Akerson purchased 30,000 shares of company common stock this past Wednesday, with a price of $31.33 per share bringing his total for that transaction to $939,000.

GM investing 2 billion in US plants, creating/preserving 4,000 jobs

By Patrick Rall on May 12, 2011 - 12:11PM

General Motors has announced that they would be investing roughly $2 billion in production facilities around the United States – helping to create or preserve over 4,000 jobs across 17 plants and 8 U.S. states.

GM Receives $3 Million Solar Investment for Volt Plant

By Keith Griffin on May 11, 2011 - 4:02PM

Would you spend $3 million to save $300,000? Of course not, but an electric company is on GM's behalf through its $3 million investment in a photovoltaic solar array at the General Motors Detroit-Hamtramck assembly plant to help power the home of the Chevrolet Volt electric car.

GM celebrates Creative Beginnings Month

By Frank Sherosky on May 10, 2011 - 10:24AM

Connecting art and design students with college and careers, General Motors is using Creative Beginnings Month in May to avail design-sponsored events to promising art and design students and educators.

Chevrolet Volt demo program leading to new sales

By Frank Sherosky on May 9, 2011 - 11:43AM

The Chevrolet Volt demonstration units are such a popular showroom draw that dealers are seeing sales rise as a net result. So, expect the demo program to expand.

Gasoline prices surpassing capability of present engine technology

By Frank Sherosky on May 6, 2011 - 2:53PM

While the latest GM media releases say breathing right with VVT (variable valve timing) helps Chevrolet get more from less, and mild hybrids extend driving range, the pace of oil and gasoline price increases have overcome their benefits for city driving.

GM leads all major automotive groups in April growth, sales

By Patrick Rall on May 5, 2011 - 4:02PM

After a fairly weak March in terms of growth, General Motors broke out of their short slump in April 2011 with 232,538 units sold, giving them a year-over-year increase of 27% and the top spot in terms of growth and sales volume last month.

Camaro leads the Mustang, Challenger, 370Z in April 2011

By Patrick Rall on May 5, 2011 - 3:03PM

Ford and General Motors both saw huge jumps in muscle car sales but with the month of April coming to an end, the Chevrolet Camaro led the pack in muscle car sales for the 4th consecutive month.

GM Offers Condition To Bring Back El Camino

By Cheryl Phillips on May 5, 2011 - 1:45PM

Is the Chevrolet El Camino making a comeback? If Twitter has the power to influence GM’s Chief Marketing officer to make this happen, then perhaps fans of the coupe utility vehicle that debuted in 1959 will see it at their Chevy dealer in the near future.

GM recalls the 2011 Chevrolet Cruze for steering, trans issues

By Patrick Rall on May 5, 2011 - 11:21AM

The Chevrolet Cruze has quickly become one of the top-selling cars in America and to help keep it selling strong, GM is taking no chances with safety issues so the company has issued its second recall of the year for the compact sedan – this time over a possible issue with the steering assembly and transmission linkage.

GM stock sell-off despite earning 3.2 billion in Q1

By Frank Sherosky on May 5, 2011 - 8:50AM

Despite announcing first quarter net income attributable to common stockholders of $3.2 billion, or $1.77 per fully-diluted share, marking the company’s fifth consecutive profitable quarter, General Motors Company (NYSE: GM) stock started dropping with the pre-market opening trade. Update: By the close of trading in New York, GM stock was down $1.02

The Nissan Leaf beats the Chevy Volt in April sales

By Patrick Rall on May 3, 2011 - 4:06PM

The 2011 Chevrolet Volt comfortably outsold the 2011 Nissan Leaf in the US through the first three months of the 2011 calendar year but even with April bringing about all sorts of production stoppages for Nissan, the all-electric Leaf beat out the extended range Volt sedan in April 2011 sales.

Government Approves Solar Powered Charging Station

By Keith Griffin on May 3, 2011 - 3:14PM

The government is demonstrating its willingness to get behind green sources of energy by adding the first solar-powered charging station to the Government Services Administration schedule. That allows it to be purchased by federal agencies for use.

GM stock closes higher near IPO price after April sales report

By Frank Sherosky on May 3, 2011 - 11:29AM

Market Close Update: Even before the April sales report, General Motors (NYSE: GM) stock gapped higher on the open. While the stock intraday found support at 32.82, it managed to trade even higher, closing near its original IPO offering price of $33.

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