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General Motors Arrives on Cost Savings Agreement with Opel’s Employees
General Motors Co. arrived at an agreement on cost savings with Adam Opel GmbH employees to help fund a restructuring of the non-profitable division, a person aware of the situation said. Details of...
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GM to Raise Money Internally
General Motors has now agreed to internally fund its restructuring process. The Company was earlier looking to raise €1.8bn (£1.5bn) in loan guarantees for its Opel/Vauxhall subsidiary. But its move to...
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GM India on a high
Since the point of time that Indian subsidiary of the American auto major, General Motors has launched a sibling to Spark in the Indian market in the form of Beat, it has been able to grow by leaps and...
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Obama’s Set Target for Electric Cars Seems Achievable
Barack Obama’s set target of getting plug-in hybrid vehicles, which he had mentioned while he was a 2008 presidential candidate, is being seen close to its achievement, as per a recent report.read more
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GM Planning to Build another Vehicle with Electric Powertrain
General Motors, a leading automaker, has been planning to use its Detroit-Hamtramck Assembly plant for the development of an electric Cadillac ELR, reveals a latest report. The announcement regarding...
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GM Reveals New and Improved 7th Generation Corvette
Wait is over, as General Motors has finally revealed the much awaited seventh generation Corvette. One of the person's, who was found to be quite happy to talk about the changes been introduced in the...
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Investment of $258M in Milford Twp. data center by GM
The General Motors Co. stated on Monday that it will be spending an amount of $258 million for developing and aiding advance data center at its Milford Proving Ground in Milford Township. It will be...
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At 15.6 million the Annual sales for US automakers attain 6- Year high
After 2007, it was the best year for US auto sales and among the leading winners were the car companies from Detroit. On Friday, automakers said that in spite of weaker-than-expected results in...
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GM May Have to Pay Record High Penalty for Ignition Switches
The U.S. government is deciding whether General Motors or some of the company's employees will be facing criminal charges for faulty ignition switches in some of the models delivered by the car maker...
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Reportedly Federal Prosecutors Reached Agreement With G.M. Over Defect in its...
On Wednesday, some people with knowledge of the matter said that the Federal prosecutors have reached an agreement with GM to resolve a criminal investigation which was initiated to probe how the...
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General Motors Agrees to Pay $900 million Over Faulty Ignition Switch Scandal
To avoid a criminal prosecution over a lethal ignition-switch failure scandal, General Motors has agreed to pay $900 million in an agreement arrived at, with the Justice Department. However, it...
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GM Reveals New Initiatives and also Experimenting on Autonomous Driving
General Motors says there will be cars available soon that can remotely locked, unlocked and be started. The automaker revealed that at present it is testing an application that allows owners of cars...
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Buick is Phasing Out Verano in the North American Market
In May, General Motors confirmed that its Buick Verano compact will no longer be sold in the North American market from October 2016. However, an updated version will be available in the Chinese...
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GM will test its autonomous vehicle fleet on Michigan roads
On Thursday, General Motors (GM) CEO Mary Barra said that the automaker will commence the testing of a fleet of autonomous vehicles on public roads in Michigan. The move will make GM the second...
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GM reportedly planning to build & test thousands of self-driving cars
American automobile giant General Motors Co. (GM) is reportedly preparing to deploy thousands of self-driving e-cars in test fleets in collaboration with ride-sharing affiliate Lyft Inc., starting next...
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