General Motors (Page 50)

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.

Chuck Jordan honored with Designer Tribute Class at Concours d-Elegance

By Frank Sherosky on January 25, 2011 - 2:12PM

The Concours d’Elegance of America at St. John’s (formerly held at Meadow Brook Hall north of Detroit) has announced the creation of a new Designer Tribute Class, which in 2011 will be dedicated to the lifelong work of Charles M. “Chuck” Jordan

GM stock recovering from option expiration selloff

By Frank Sherosky on January 25, 2011 - 1:37PM

Despite the downward move into January option expiration last week, General motors (NYSE: GM) is showing intraday strength just before the State of the Union Address.

Automakers applaud joint date for EPA and California proposals

By Frank Sherosky on January 24, 2011 - 10:28PM

The U.S. Environmental Protection Agency announced today that California officials have scrapped their plans to issue state-specific standards in March.

Strong Global Sales for GM Could Face Challenges

By Keith Griffin on January 24, 2011 - 7:01AM

GM is out with the news that it sold 8.39 million vehicles globally in 2010 but the question remains if that momentum for strong global sales can be maintained with challenges in key markets like China where congestion and real estate prices continue to be an issue while India is facing strife over rising gas prices.

USDA loan guarantee in play for Coskata's commercial bio-refinery

By Frank Sherosky on January 23, 2011 - 9:19PM

The United States Department of Agriculture (USDA) announced its intention to provide a loan guarantee to a commercial biorefinery using Coskata Inc’s proprietary technology.

2011 Detroit Auto Show attendance exceeds expectations

By Frank Sherosky on January 22, 2011 - 8:20PM

The 2011 NAIAS in Detroit is in its final weekend for the general public, tracking toward final attendance between 725,000 and 740,000 visitors.

GE stock gaps bullish on rising profit report

By Frank Sherosky on January 21, 2011 - 12:20PM

General Electric (NYSE: GE), a major contributor to technology and financing that affects the auto industry, broke out to the upside on a surprise Q4 earnings report.

GM names Thomas G. Stephens as new Global Chief Technology Officer

By Frank Sherosky on January 20, 2011 - 2:16PM

A major element of GM CEO Akerson’s goal to making the company more customer driven and technology focused requires a new position of Chief Technology Officer. Thomas G. Stephens has been named to fill it.

GM appoints Mary Barra to lead Global Product Development

By Frank Sherosky on January 20, 2011 - 9:17AM

General motors (NYSE: GM) announced today that Mary Barra, 49, will lead the Global Product Development organization as GM senior vice president responsible for managing the company’s 11 brands around the world.

The Buick lineup of the 2011 Detroit Auto Show

By Patrick Rall on January 19, 2011 - 7:42PM

Buick headed into the 2011 Detroit Auto Show with a bright outlook for the new year, supported by strong sales throughout 2010 and the unveiling of the new c-segment luxury sedan – the Buick Verano.

The Buick Regal GS at the 2011 Detroit Auto Show

By Patrick Rall on January 19, 2011 - 7:38PM

The 2011 Buick Regal from the 2011 Detroit Auto Show

By Patrick Rall on January 19, 2011 - 7:37PM

The new Buick LaCrosse eAssist at the 2011 Detroit Auto Show

By Patrick Rall on January 19, 2011 - 7:36PM

GM stock selling off during option expiration week

By Frank Sherosky on January 19, 2011 - 12:44PM

Despite the IPO day opening above the 33 level and projections of $50 per share, the stock chart for General Motors (NYSE: GM) looks like it’s taking a breather this week.

Chevy runs deep at the 2011 Detroit Auto Show

By Patrick Rall on January 19, 2011 - 12:16PM

The Chevrolet area at the 2011 Detroit Auto Show was among the largest, running the length of the GM-devoted area of Cobo Hall and offering a look at the diversity of the brand – from the new Chevy Volt to the Silverado HD (2011 Motor Trend Truck of the Year) and everything in between.

The 2011 Chevrolet Volt at the 2011 Detroit Auto Show

By Patrick Rall on January 19, 2011 - 12:13PM

The 2011 Corvette Grand Sport

By Patrick Rall on January 19, 2011 - 12:12PM

The 2011 Chevrolet Camaro Convertible at the Detroit Auto Show

By Patrick Rall on January 19, 2011 - 12:08PM

The new Chevy Sonic at the 2011 Detroit Auto Show

By Patrick Rall on January 19, 2011 - 12:06PM

GM to auction first LSX454R crate engine for American Heart Association

By Frank Sherosky on January 19, 2011 - 10:48AM

Over the years, GM and the GM Foundation have contributed more than $1 million to the American Heart Association. This year, GM will auction the first production LSX454R crate engine at the Barrett-Jackson Scottsdale event this month.

Test drive the Chevy Volt on Xbox Kinect at the Detroit Auto Show

By Patrick Rall on January 18, 2011 - 9:02PM

Chevrolet has worked with the people from Microsoft to offer special GM branded packages on the new game Joyride, which uses Microsoft’s controller-free Kinect gaming system and at the 2011 Detroit Auto Show, Chevy has a collection of special Kinect gaming stations where you can try out the cutting edge video game technology.

OnStar appoints Linda Marshall to president

By Frank Sherosky on January 18, 2011 - 6:53PM

General Motors (NYSE: GM, TSX: GMM) today announced that Linda Marshall, who joined GM in November 2010 as executive director, OnStar global business strategy and development, has been appointed president, effective February 1, 2011.

The Cadillac display offers big performance at the 2011 Detroit Auto Show

By Patrick Rall on January 18, 2011 - 2:50PM

The exit of Saturn, Pontiac, Saab and Hummer allowed some extra elbow room for the existing General Motors brands and Cadillac made the most of it, offering a whole area to feature their popular high-performance V-Series models and the new CTS-V Coupe race car.

The new 2011 Cadillac CTS-V Coupe race car at the 2011 Detroit Auto Show

By Patrick Rall on January 18, 2011 - 2:47PM

The 2011 Cadillac CTS-V Coupe at the 2011 Detroit Auto Show

By Patrick Rall on January 18, 2011 - 2:45PM

The 2011 Cadillac CTS-V Sedan at the 2011 Detroit Auto Show

By Patrick Rall on January 18, 2011 - 2:44PM

The 2011 Cadillac CTS-V Sport Wagon from the 2011 Detroit Auto Show

By Patrick Rall on January 18, 2011 - 2:42PM

Scuderi Air-Hybrid Engine technology setting up to challenge electric hybrids

By Frank Sherosky on January 17, 2011 - 9:53AM

Independent lab tests confirm the Scuderi™ Air-Hybrid Engine consumes up to 36 percent less fuel than a conventional engine. Beyond 2016 Federal Fuel Economy mandates, the gains will likely enable the technology to now challenge more expensive electric hybrids shown at the 2011 Detroit Auto Show.

General Motors pays $2 billion in stock to underfunded pension plans

By Frank Sherosky on January 16, 2011 - 12:36PM

General Motors Company (NYSE: GM) confirmed it has completed the previously announced voluntary contribution of 60.6 million shares of GM common stock to its U.S. hourly and salaried pension plans, valued at approximately $2 billion

GM Cars at 2011 Detroit Auto Show Not Labeled Properly

By Keith Griffin on January 16, 2011 - 9:38AM

The Made in the USA Foundation is hurling a charge against GM that its cars on display at the 2011 Detroit Auto Show are not labeled properly when it comes to their country of origin, i.e. where they are built.

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