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General Motors (Page 48)

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 Patrick Rall on February 24, 2011 - 12:32PM
This morning, General Motors announced their earnings statement for 2010 and for the first time since 2004, the massive automaker saw their first profit – to the tune of $4.7 billion dollars – making it the best year in terms of earnings since 1999.
By Frank Sherosky on February 23, 2011 - 12:39PM
General Motors stock is now trading below its IPO opening trading price of 35 dollars, most likely in response to a rise in oil prices from the Libyan unrest.
By Frank Sherosky on February 23, 2011 - 10:40AM
As GM is now offering a new propane option for the 2012 Chevrolet Express and GMC Savana cutaway 3500 and 4500 vans, GM also selected CleanFUEL USA as its exclusive partner for the 49-gallon capacity, one of two liquid propane engine systems.
By Patrick Rall on February 22, 2011 - 9:56AM
The head to head battle between the 2011 Nissan Leaf and 2011 Chevrolet Volt has been a lopsided one due to the slow delivery of pre-ordered electric Nissans and according to a source from the Japanese automaker, that slow delivery could continue well into the year.
By Frank Sherosky on February 21, 2011 - 11:27PM
Plenty of auto manufacturers have turbo chargers. Not all of them have the ability to run various blends of gasoline up to E85 like the 2011 Buick Regal Turbo.
By Frank Sherosky on February 18, 2011 - 3:13PM
Three major events have been on the agendas of Detroiters all winter: The North American International Auto Show, the Super Bowl and the Autorama with the Ridler Award. This year’s Autorama will be February 25, 26 and 27.
By Keith Griffin on February 18, 2011 - 1:47PM
Toyota's new marketing campaign carries the bold theme "#1 for a Reason."
By Frank Sherosky on February 18, 2011 - 12:35AM
Coming soon to a Chevrolet dealer near you will be a higher level of in-vehicle wireless connectivity and customized infotainment options for the 2012 Chevy Volt and Equinox called My Link.
By Patrick Rall on February 17, 2011 - 5:45PM
Ford, General Motors and Chrysler all skipped the 2009 Tokyo Motor Show and as the planning is well underway for the 2011 show being held in December, General Motors and Chrysler have both turned down the invitation and Ford has yet to decide one way or the other.
By Frank Sherosky on February 17, 2011 - 11:00AM
Chevrolet was honored today at the Canadian International Auto Show when the Automobile Journalists Association of Canada (AJAC) named the Chevrolet Cruze as the “2011 Canadian Car of the Year”.
By Keith Griffin on February 16, 2011 - 3:20PM
Edmunds.com is out with a statement today that claims of a price war are premature, in what appears to be a direct contradiction of what Hyundai CEO John Krafcik said last week in Chicago.
By Patrick Rall on February 16, 2011 - 12:05PM
General Motors reportedly wants to rehire vehicle development head Bob Lutz but the government bean-counters overseeing the progress of the post-bailout automaker have given the move a thumbs-down.
By Frank Sherosky on February 16, 2011 - 9:46AM
Every battery has its own temperature sweet spot that makes it ideal to transfer electron for power; so the Chevrolet Volt uses fins designed by Dana Corp to keep its pack within a 2 degree centigrade spread.
By Patrick Rall on February 15, 2011 - 2:31PM
Today, General Motors CEO and Chairman Dan Akerson spoke before a group of media in Beijing China, where he offered a look at the future efforts of the company in the booming Chinese auto industry.
By Keith Griffin on February 15, 2011 - 2:09PM
The New England Motor Press Association has overwhelmingly selected the Jeep Grand Cherokee as its Official Winter Vehicle of New England.
By Patrick Rall on February 15, 2011 - 1:04PM
Last week, TorqueNews.com brought you the news that General Motors plans to pay profit sharing bonuses to their hourly union autoworkers (UAW) that could exceed the highest profit-sharing bonuses in the company history and if a new report proves to be true, those bonuses could actually be even higher – with an average of $4,000 paid to these hourly workers.
By Frank Sherosky on February 14, 2011 - 11:37PM
U.S. Secretary of Energy Steven Chu detailed President Barack Obama's $29.5 billion Fiscal Year 2012 budget request for the Department of Energy, which now affects hydrogen power development.
By Frank Sherosky on February 14, 2011 - 9:21AM
GM Korea began its Chevrolet product offensive today by creating a brand new segment with its all-new seven-seat Active Life Vehicle (ALV), the Chevrolet Orlando, at “Chevrolet Town” in the heart of Seoul.
By Frank Sherosky on February 13, 2011 - 10:11AM
Jeremy Rifkin, famed author and hydrogen proponent, believes a new paradigm in the world's economic future is about to come to fruition as he opens the 2011 FC&HE.
By Frank Sherosky on February 12, 2011 - 5:39PM
You can take General Motors out of bankruptcy, but cannot take the bankrupt mentality out of General Motors management with its latest bonus offerings before paying off its government loans.
By Patrick Rall on February 11, 2011 - 11:25AM
Earlier this week, TorqueNews reported that General Motors would be paying their hourly workers an average bonus of around $3,000 for the 2010 year and today rumors are soaring that the salaried employees could see bonuses as high as 50% of their annual pay.
By Frank Sherosky on February 11, 2011 - 10:57AM
Researchers from General Motors are helping to guide the faculty of the Child Injury Prevention Studies (CChIPS) to identify opportunities for improvement of safety belt performance for child occupants.
By Frank Sherosky on February 10, 2011 - 1:08PM
While Neil Cavuto of Your World on FOX wants the government to apologize to Toyota, I say sit back and consider the situation in its totality.
By Patrick Rall on February 9, 2011 - 2:13PM
Early this morning, the folks at Camaro5 brought us the first bit of information of the Camaro expected to be called the next Z/28 but around 10:15am EST, General Motors officially unveiled the supercharged 2012 Chevrolet Camaro ZL1.
By Frank Sherosky on February 9, 2011 - 2:09PM
One auto recall is bad enough, but four in two years is a bit much for any auto owner. So, you get a little experience with handling the process.