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General Motors (Page 46)

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.

GM stock shrugs off Akerman comments of streamlined dealer network enjoying higher throughput and profitability
By Frank Sherosky on April 19, 2011 - 11:02PM
In remarks prepared for delivery, Dan Akerson, Chairman and CEO of General Motors Company (NYSE: GM), delivered the keynote address at the National Automotive Dealers Association/IHS Automotive Forum in New York. Among his many statements, he noted GM’s higher throughput and profits from the streamlined dealer network, but GM stock still traded lower and closed at 29.59.
The 2012 Cadillac CTS 3.6L V6 gets more power, loses the manual trans
By Patrick Rall on April 19, 2011 - 2:02PM
General Motors has released information on the 2012 Cadillac CTS Sport Sedan, Sport Wagon and Coupe with the big news being the addition of some extra power in the 3.6L V6 without compromising fuel economy – although this powerful V6 will not be offered with a manual transmission to go with the new power.
GM stock officially trades below 30 level
By Frank Sherosky on April 18, 2011 - 10:12AM
After completing its 22nd week of trading since its IPO, GM stock has not only broken all levels of IPO price support, but has tested the psychologically significant 30 price level with its lowest weekly close on Friday. As of Monday morning, pre-market pressure was followed by a lower open and a plow through the 30 level.
GM ranks above in clean-energy patents
By Frank Sherosky on April 16, 2011 - 9:15PM
General Motors (NYSE:GM, TSX: GMM) may be one of the world’s largest automakers, with roots back to 1908, but its ranking among clean-energy patents demonstrates GM’s commitment to sustainable transportation and clean energy.
Automakers display big wares at SAE 2011 World Congress
By Frank Sherosky on April 12, 2011 - 5:59PM
Compared to last years SAE World Congress, this year’s event has major OEMs like GM, Kia and Nissan showing off their electrified technology; but, as usual, Ford wins the race in displays.
SAE 2011 World Congress to include Career Fair at Detroit Cobo Center
By Frank Sherosky on April 10, 2011 - 10:49AM
Once again, the SAE 2011 World Congress will provide more than just engineering exhibitors, but a Career Fair which will provide the opportunity for mobility industry engineers and professionals to explore available jobs and network with auto industry and engineering professionals.
General Motors recalls 2011 Chevrolet Cruze sedans for steering wheel risk
By Patrick Rall on April 8, 2011 - 7:22PM
The 2011 Chevrolet Cruze has quickly climbed the sales charts but GM’s new compact sedan has hit its first roadblock as the automaker has announced the first recall over a risk of the steering wheel not being attached properly.
2012 Chevrolet Centennial Edition Corvette
Introducing the 2012 Chevrolet Centennial Edition Corvette
By Patrick Rall on April 7, 2011 - 3:23PM
2011 marks the 100th birthday of the Chevrolet brand and to celebrate the company’s centennial the 2012 Chevrolet Centennial Edition Corvette has been introduced – with the first Centennial Edition Corvette Z06 to be auctioned for charity this Saturday at the Barrett-Jackson collector car auction in West Palm Beach Florida.
The interior of the 2012 Chevrolet Centennial Edition Corvette Z06
By Patrick Rall on April 7, 2011 - 3:16PM
A close up of the 2012 Chevrolet Centennial Edition Corvette Z06's brake caliper and wheel
By Patrick Rall on April 7, 2011 - 3:14PM
The 100th anniversary b-pillar logo of the 2012 Chevrolet Centennial Edition Corvette
By Patrick Rall on April 7, 2011 - 3:13PM
a rear corner shot of the 2012 Chevrolet Centennial Edition Corvette Z06
By Patrick Rall on April 7, 2011 - 3:10PM
A front corner shot of the new 2012 Chevrolet Centennial Edition Corvette Z06
By Patrick Rall on April 7, 2011 - 3:08PM
Chevrolet Volt wins gold, OnStar wins silver in 2011 Edison Awards
By Frank Sherosky on April 7, 2011 - 12:13AM
While the Edison Gold Medal for the Chevrolet Volt highlights the innovative engineering that resulted in the production of the world’s first electric vehicle with extended range capability, the OnStar Mobile App won the silver award as the 2011 Best New Product in the Transportation in the Remote Driving Aids Segment.

GM Car Sales
GM slips from the top spot in March 2011 US sales
By Patrick Rall on April 4, 2011 - 5:47PM
General Motors had a pretty good month in March 2011 with all of their American brands showing gains compared to March 2010 but in relation to the rest of the industry, GM ranked second to last in growth rate above only Toyota – dropping below Ford Motor Company in total US sales.
GM stock traders respond favorably to rise in March retail sales
By Frank Sherosky on April 2, 2011 - 7:32PM
General Motors (NYSE: GM) stock traders viewed March as a successful quarter for GM in the United States, as retail sales surged 38 percent for its four brands, driven by demand for Chevrolet’s all-new Cruze compact sedan. The stock surged Friday to $32.41 after testing the $30 level for several weeks.
The Chevrolet Volt outsells the Nissan Leaf in March 2011
By Patrick Rall on April 1, 2011 - 5:40PM
Sales numbers from March are trickling in and for the third month in a row, the Chevrolet Volt has beaten the Nissan Leaf in the battle of the “green” heavy weights.
Ford Beats GM in March Sales
By Keith Griffin on April 1, 2011 - 5:35PM
Ford edged GM in total sales in March with 212,777 vehicles to 206,621 total sales with both companies showing double-digit increases over February sales.
Mustang rebounds but falls short of Camaro in March 2011 sales
By Patrick Rall on April 1, 2011 - 3:07PM
he numbers from around the industry are trickling in on this April Fool’s Day and GM has won the battle for March 2011, as the Chevrolet Camaro lead the Ford Mustang and Dodge Challenger in monthly sales – marking the third straight month that the Bowtie bruiser has lead the segment in sales.
GM debuts the Chevrolet Mi-ray ahead of the Seoul debut
By Patrick Rall on March 31, 2011 - 12:11PM
When the Seoul Motor Show opens tomorrow the world will be formally introduced to the futuristic Chevrolet Mi-ray concept but today General Motors offered a preview of the sleek new hybrid roadster.
GM $30M investment in Pontiac Stamping Plant targets Chevy Sonic and Buick Verano
By Frank Sherosky on March 30, 2011 - 5:29PM
The Pontiac, Mich., Stamping Plant will get $30 million in new equipment to help make sheet metal for the 2012 Chevrolet Sonic that will be built at the nearby General Motors Orion Assembly Plant. Pontiac also will make stampings for use in the Buick Verano that goes into production later this year.
AT&T reduces dependence on foreign oil with CNG powered Chevy vans
By Frank Sherosky on March 26, 2011 - 6:03PM
In keeping with its 2010 ranking among the 50 Most Admired Companies by FORTUNE® magazine, AT&T is now putting 101 Chevrolet Express Cargo 2500 vans powered by low-emissions compressed natural gas into its customer service fleet.
Buick LaCrosse with eAssist on par with highway fuel economy of compacts
By Frank Sherosky on March 25, 2011 - 11:37AM
The public is aware the new 2012 Buick LaCrosse with eAssist™ is a luxury sedan that comfortably seats five adults, but few realize it will deliver highway fuel economy on par with compacts like the Mini Cooper.
General Motors talks up the Corvette ZR1 in a new ad
By Patrick Rall on March 23, 2011 - 8:55PM
This past weekend brought the racing world the 59th running of the 12 Hours of Sebring but before General Motors was permitted to enter their race-built Corvette ZR1 in the American LeMans Series (ALMS), they were asked to modified the ZR1 for the race - by removing 168 horsepower.
GM stock sell-off pushing against the 30 level
By Frank Sherosky on March 23, 2011 - 10:52AM
In its 19th week of trading since its IPO, GM stock has broken all levels of IPO price support; and now amid a general market sell off and a new low, is testing the psychologically significant 30 price level.
EA rolls out new video of Need for Speed: Shift 2 Unleashed featuring Tommy Milner
By Patrick Rall on March 22, 2011 - 9:10PM
Electronic Arts has offered up a new demo video showing their upcoming Need for Speed: Shift 2 Unleashed being with the Corvette C6.R making a lap around Mazda Laguna Seca while piloted by pro racer Tommy Milner.
GM slows production at another plant due to Japanese crisis
By Patrick Rall on March 22, 2011 - 1:51PM
General Motors was the first American automaker to shut a plant down due to the string of disasters in Japan and yesterday, GM announced more downtime as the Tonawanda engine plant in Buffalo, New York saw one of their production lines halted due to the Japanese earthquake, tsunami and nuclear explosions.
Chinese Chevrolet Camaro to debut at the Auto Shanghai 2011 with a new name
By Patrick Rall on March 22, 2011 - 12:37PM
The Chevrolet Camaro is one of the most well-known names in the history of the American automotive industry but when General Motors’ famous sports car makes its debut in China it will known as the 科迈罗.
General Motors unveils the next generation Chevrolet Colorado
By Patrick Rall on March 21, 2011 - 6:04PM
General Motors has offered up a full complement of images and details about the next generation Chevrolet Colorado but Chevy truck lovers in the US as this new midsized pickup doesn’t seem to be destined for the US market.
A look at the interior layout of the Chevrolet Colorado Show Truck
By Patrick Rall on March 21, 2011 - 6:00PM
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