Category Archives: GMC

Chevy Volt’s problems may not be over as GM’s CEO prepares to face Congress

By doris | Published: January 25, 2012

Full Story at BottomLine.msnvc.msn.com The Chevrolet Volt got a clean bill of health, last Friday, with the National Highway Traffic Safety Administration closing its investigation into potential problems with the plug-in hybrid’s battery pack – but that doesn’t mean General Motors’ problems with the Volt are over, as a Congressional hearing is scheduled to begin [...]

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GM recalls about 20,000 Cadillac SRX globally

By doris | Published: December 28, 2011

Full Story at msnbc.msn.com General Motors Co said it is recalling almost 20,000 Cadillac SRX crossover vehicles, mostly in China and the United States, due to potential transmission defects. GM’s Chinese joint venture, Shanghai GM, is recalling 9,862 of the compact luxury SUVs in that country, while GM is recalling 8,789 in the United States. [...]

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GM’s OnStar is looking a lot like a stand-alone business

By doris | Published: December 5, 2011

Full Story at Features.blogs.fortune.cnn.com FORTUNE — General Motors is nearing its long-term goal of making OnStar, its high-tech telematics service, a compelling reason for consumers to buy its cars. That means OnStar is also quickly becoming a valuable asset that could help the auto maker raise capital. Founded in 1995, OnStar was GM’s (GM) bid [...]

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Car sales could be strongest since ‘Clunkers’

By doris | Published: December 1, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — American car buyers were out in force in November, with U.S. automakers posting solid sales in what is expected to be the best month for auto sales since 2009′s “Cash for Clunkers” program. General Motors (GM, Fortune 500) reported sales up 6.9% from a year earlier, while [...]

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GM Volt owners can get loaner during fire probe

By doris | Published: November 28, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors said Monday it will loan cars to any owner of its electric-powered Chevrolet Volt who is worried about the risk of a battery fire after a crash. The automaker, which reasserted the overall safety of the car, had no estimates about how many loaners might [...]

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GM announces Chevy Spark fully electric car

By doris | Published: October 12, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors, maker of the Chevy Volt plug-in hybrid, will sell a small totally electric car beginning in 2013, the automaker announced Wednesday. The Chevy Spark EV will be sold in limited markets in the U.S. and other countries, GM said. Smaller than a typical subcompact, the [...]

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GM sales rise 20% on strong demand for trucks, SUVs

By doris | Published: October 3, 2011

Full Story at BottomLine.msnbc.msn.com Strong demand for full-size pickups and SUVs drove up General Motors’ U.S. sales last month, the automaker said Monday. GM reported total sales of 207,145 vehicles in September — a 20 percent increase over the same month a year ago. Truck sales, which include full-size pickups and SUVs, jumped 34 percent, [...]

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UAW OKs new GM contract by 2-1 margin

By doris | Published: September 28, 2011

Full Story at BottomLine.msnbc.msn.com By a 2-to-1 margin, unionized workers have approved a new four-year contract with General Motors that includes a $5,000 signing bonus and raises entry-level wages. The contract, which is effective immediately, covers 48,000 members of the United Auto Workers union. The union said the new contract would result in 6,400 new [...]

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GM deal with union: It’s all about jobs

By doris | Published: September 21, 2011

Full Story at msnbc.com Jobs — and not necessarily cash, or new benefits — have proved to be the centerpiece of the new four-year contract agreed between the United Auto Workers union and General Motors. That’s not to say the deal doesn’t include some financial benefits designed to salve the frustrations of GM workers, who [...]

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US auto sales up in June, but Japan still hurting

By doris | Published: July 1, 2011

Full Story at news.Yahoo.com DETROIT (AP) — Gas prices hit a sweet spot for automakers last month. They fell far enough to spur pickup truck sales, yet remained so high that small cars sold well, sometimes just hours after reaching dealers’ lots. That made June a good month for General Motors and Ford, which have [...]

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Ford announces Chevy Volt competitor, C-Max Energi

By doris | Published: June 9, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Ford will soon produce a competitor to General Motors’ Chevrolet Volt. The new van-like compact car, due out next year, will be available in the U.S. in two hybrid versions. One of those, the C-Max Energi, will be a plug-in hybrid with capabilities similar to those of [...]

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GM posts biggest profit since 2000

By doris | Published: May 5, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors posted its best operating results in 11 years in the first quarter, lifted by a jump in sales and strong pricing. With rivals Ford Motor (F, Fortune 500) and Chrysler Group also posting profits in the first quarter, this the first time since 2004 that [...]

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GM invests $131 million to build next Corvette

By doris | Published: May 4, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors is investing $131 million in the Bowling Green, Ky. factory that builds the Chevrolet Corvette as it prepares to roll out the next generation of the sports car in a couple of years. In the process, the automaker will add about 250 jobs at the [...]

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GM to shut plant amid shortage of Japanese parts

By doris | Published: March 17, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — General Motors has suspended production at a facility in Louisiana due to a shortage of parts stemming from the natural disaster in Japan, the automaker said Thursday. The Shreveport Assembly plant, where GM makes the Chevrolet Colorado and GMC Canyon, will be closed for the week of [...]

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