GENERAL MOTORS

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GM claims unprecedented mileage from Volt

The Chevrolet Volt, the electric car General Motors Co is counting on to revitalize its lineup, is on track to achieve an unprecedented fuel economy rating of 230 miles per gallon in city driving, GM said on Tuesday.

GM claims unprecedented mileage rating for Volt

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The Chevrolet Volt -- the electric vehicle General Motors Co [GM.UL] is counting on to recharge its image with consumers -- is on track to hit an unprecedented fuel economy rating of 230 miles per gallon in city driving, the automaker said on Tuesday.
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Volt range of 230 mpg is official: GM CEO

General Motors' Chevrolet Volt electric car has been given an official EPA rating of more than 230 miles per gallon of gasoline in city and a combined city-highway driving, the automakers Chief Executive Officer Fritz Henderson said on Tuesday.
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General Motors, eBay test selling cars online

General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy vehicles online, the companies said on Monday.
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Magna, GM make progress, no deal on Opel: unions

Chief executives of General Motors and autoparts maker Magna made some progress in Friday talks on the sale of GM's Opel unit, but key barriers remain, Opel's top labor leader and board member said on Saturday.
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GM to attempt IPO by July 2010: filing

General Motors Co plans to sell shares in an initial public offering before the one-year anniversary next July of its exit from bankruptcy, the carmaker said in a regulatory filing on Friday.
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July payrolls fall less than forecast

U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
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U.S. economy sheds fewer jobs than expected

U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
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LG U.S. plant to support 250,000 electric cars

LG Chem Ltd will have the capacity to build battery cells that could support up to 250,000 electric vehicles in the United States when its first U.S. plant becomes fully operational in 2013, the chief of the U.S. unit said on Thursday.
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Magna posts loss on weak auto market

Canadian auto parts company Magna International Inc , one of the bidders vying to buy carmaker Opel from General Motors, reported a quarterly loss Friday, hurt by steep declines in global auto production.
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Magna posts Q2 loss on weak auto market

Canadian auto parts company Magna International Inc , one of the two bidders vying to buy carmaker Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production.
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Autos clunker bill set to pass Senate

The Obama administration will soon have another $2 billion to spend on consumer rebates for car purchases, but automakers are saying little about production increases and experts see only a short-term boost to the economy overall.
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GM to launch Buick plug-in SUV in 2011

General Motors Co unveiled plans to launch a plug-in SUV for its Buick brand in 2011, its latest move away from gas-guzzling vehicles in response to higher fuel-economy standards.
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Little progress made between GM, Magna on Opel deal

General Motors has made little progress in resolving the key issues holding up a sale of its Opel operations to a consortium led by Magna, the U.S. carmaker's chief negotiator on the deal said on Thursday.
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U.S. invests record $2.4 billion in batteries for electric vehicles

President Barack Obama announced at a Navistar International Corporation factory in Elkhart, Indiana, on Wednesday, a $2.4 billion investment from the Department of Energy, for advanced battery technology for hybrid and electric-drive vehicles, the single largest investment ever made for this purpose, according to the department.
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GM, Ford, Chrysler get funds to build up electric car industry in U.S.

The big three of Detroit, General Motors Co., Ford Motor Co., and Chrysler LLC were awarded today with millions in funding from the government's stimulus package to manufacture and deploy electric vehicles, batteries and components in the United States, the Department of Energy said.
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GM opposition to Magna waning: German politicians

General Motors Co and Magna International Inc have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
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American Axle cites bankruptcy risk after deep loss

American Axle & Manufacturing Holdings Inc reported a bigger-than-expected quarterly loss on Wednesday due to steep production cuts by automakers and said it remained uncertain whether it could complete a debt restructuring outside of bankruptcy.

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