Articles by General Motors

  • Germany's Weakness Sinks Europe's August Car SalesGermany's Weakness Sinks Europe's August Car Sales

    September 18 2012 12:41 PM

    Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.

  • US Treasury Resists GM Plan For Government Stake Sale: WSJ

    September 17 2012 2:31 PM

    The U.S. Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on Monday, citing people close to the matter.

  • CAW Chooses Ford In Effort To Secure Pattern ContractCAW Chooses Ford In Effort To Secure Pattern Contract

    September 16 2012 11:11 PM

    The Canadian Auto Workers, or CAW, will concentrate on the Ford Motor Co. (NYSE: F) as it attempts to negotiate a collective-bargaining agreement in the roughly 24 hours left before its fast-approaching strike deadline on Monday at 11:59 p.m. EDT.

  • Global Auto Industry Outlook: Auto Sales To Grow 6% In 2012Global Auto Industry Outlook: Auto Sales To Grow 6% In 2012

    September 14 2012 12:40 PM

    Auto demand in global markets will continue its upward trend in 2012 and 2013 despite regional disparities. Nomura analysts forecast double-digit growth in the U.S. and Southeast Asia, but expect European demand to shrink 7 percent.

  • Volt A 'Technology Masterpiece,' Not A Loss-Leader: Bob Lutz, Former GM ExecVolt A 'Technology Masterpiece,' Not A Loss-Leader: Bob Lutz, Former GM Exec

    September 11 2012 11:04 AM

    A former high-level General Motors Company (NYSE: GM) executive -- widely considered to be the godfather of the company's foray into electric-vehicle production --struck back Tuesday at the assertion the carmaker might be losing nearly $50,000 on each one of the signature Volt plug-in vehicles the firm has sold so far.

  • EU Market For Cars Backfires As VW Cuts Sales GuidanceEU Market For Cars Backfires As VW Cuts Sales Guidance

    September 10 2012 3:47 PM

    Volkswagen AG (PINK: VLKAY) cuts its internal European 2012 annual sales guidance by 150,000 vehicles, according to German news magazine Der Spiegel, Reuters reported.

  • Why GM Actually Is Getting Its Money's Worth From The Chevy VoltWhy GM Actually Is Getting Its Money's Worth From The Chevy Volt

    September 10 2012 12:18 PM

    General Motors Company (NYSE: GM) may be losing money on the Chevy Volt at present, but the long-term benefits of early R&D in electric vehicles, improvements to brand image and improving sales volumes should ultimately make it a wise decision for the company.

  • Money's Winners And Losers: Automakers, Best Buy, AMR, Changi Airport, Nokia, General MotorsMoney's Winners And Losers: Automakers, Best Buy, AMR, Changi Airport, Nokia, General Motors

    September 07 2012 8:39 PM

    Each week, the IBTimes Money team picks the six biggest, most dramatic, or most compelling winners and losers in business. For the week of Sept. 3-7, the former include global automakers such as the Honda Motor Co. (NYSE: HMC), and the latter include the Nokia Corp. (NYSE: NOK).

  • Former General Motors Colombia Employee Brings Hunger Strike to CEO Akerson's Detroit DoorstepFormer General Motors Colombia Employee Brings Hunger Strike to CEO Akerson's Detroit Doorstep

    September 07 2012 2:12 PM

    The president of the Association of Injured Workers and Ex-Workers of General Motors Colombia, or Asotrecol, traveled to Detroit to continue the group's hunger strike and push for direct negotiation with General Motors Company (NYSE:GM) corporate management.

  • Biden Hails Obama As America's 'Best Hope'Biden Hails Obama As America's 'Best Hope'

    September 06 2012 10:33 PM

    Vice President Joe Biden loyally and fervently made the case for re-electing Barack Obama at the close of the Democratic National Convention.

  • General Motors Banking On Chinese Designed Chevy Sail To Push Indian Unit Out of DoldrumsGeneral Motors Banking On Chinese Designed Chevy Sail To Push Indian Unit Out of Doldrums

    September 06 2012 12:18 PM

    General Motors Company (NYSE: GM) is hoping its Chinese designed Chevrolet Sail can push its struggling Indian unit out of a sales doldrums.

  • GM Turns to China to Crack India's Tough Car MarketGM Turns to China to Crack India's Tough Car Market

    September 05 2012 12:14 AM

    General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.

  • US Car Sales Indicate Economic Recovery in AugustUS Car Sales Indicate Economic Recovery in August

    September 04 2012 5:30 PM

    Global carmakers reported robust sales growth in August, indicating improving consumer sentiment and demand by small businesses and contractors. Companies including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Honda Motor Co. (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM) all reported major gains.

  • US August Car Sales - Live Blog: Will Buyers' Love Of Trucks Trump Economic Fears?US August Car Sales - Live Blog: Will Buyers' Love Of Trucks Trump Economic Fears?

    September 04 2012 9:54 AM

    Global automakers report August U.S. car sales, Tuesday. Follow the blog for the latest updates from Chrysler, Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Nissan Motor Co. (Tokyo: 7201), Honda Motor Co. (NYSE: HMC), Volkswagen AG (Frankfurt: VOW) and Toyota Motor Corporation (NYSE: TM).

  • Democrats Open National Convention, Push For Obama's Re-electionDemocrats Open National Convention, Push For Obama's Re-election

    September 04 2012 4:57 AM

    The Democrats have gathered in thousands at the downtown football stadium at Charlotte, N.C., for the three-day Democratic National Convention starting Tuesday. The Party unveiled its formal 2012 election policy, ahead of the convention Monday night, advocating the strengths of their presidential candidate incumbent Barack Obama over Republican rival Mitt Romney.

  • Five Reasons Why Obama Could Win The 2012 ElectionFive Reasons Why Obama Could Win The 2012 Election

    September 01 2012 2:05 PM

    He's practically the devil incarnate to the Republican Party, but no president since President Franklin D. Roosevelt has had to address as many serious economic, financial and foreign policy problems as President Barack Obama. Further, Obama's relative success addressing these problems, and the Republican Party's callousness, will lead to Obama's re-election in November.

  • Patricia Carroll, Black CNN Camerawoman, Speaks Out On RNC Controversy, Says 'I'm Not Surprised'Patricia Carroll, Black CNN Camerawoman, Speaks Out On RNC Controversy, Says 'I'm Not Surprised'

    August 30 2012 2:30 PM

    Patricia Carroll, the CNN camerawoman who had nuts thrown at her at the Republican National Convention is speaking out on the incident which resulted in the ejection of two disruptive convention attendees on Wednesday.

  • 3 Untrue Things From Paul Ryan's National Convention Speech3 Untrue Things From Paul Ryan's National Convention Speech

    August 30 2012 11:34 AM

    Republican vice presidential nominee Paul Ryan delivered his much-anticipated speech Wednesday in Tampa, but slipped in some inaccuracies when blaming the Obama administration.

  • General Motors Courts Russian Market At Moscow Auto Show and With $1B InvestmentGeneral Motors Courts Russian Market At Moscow Auto Show and With $1B Investment

    August 29 2012 11:26 AM

    General Motors Company (NYSE: GM) holding the European debuts of three vehicles at the Moscow International Motor Show on Wednesday, and a key member of the company's Russian management confirmed a $1 billion investment.

  • Ford Brings Lincoln To China To Resist Cadillac's OnslaughtFord Brings Lincoln To China To Resist Cadillac's Onslaught

    August 28 2012 12:08 PM

    Ford's Lincoln brand hasn't done well in the U.S. but the nation's No. 2 automaker aims for better luck in China where archrival GM gets a big share of the luxury car market with its Cadillac line.