0
votes
USA
GM to Gingrich: You can't put a gun rack in a Volt
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By David Shepardson Washington —General Motors Co. chided Republican presidential candidate Newt Gingrich's suggestion that the Volt is an "Obama car." "You can't put a gun rack in a Volt," Gingrich said in a line that drew cheers at a speech in ...
http://www.detroitnews.com/article/20120221/AUTO0103/202210426/GM-Gingrich-You-can-t-put-gun-rack-Volt?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE
http://www.detroitnews.com/article/20120221/AUTO0103/202210426/GM-Gingrich-You-can-t-put-gun-rack-Volt?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE
Posted on: February 22, 2012 at 1:08 am
0
votes
USA
GM reports largest annual profit
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AP Photo/Jeff Roberson, File A General Motors employee works on a van assembly line. General Motors announced its 2011 profit was larger than any year in history. DETROIT - General Motors reported its biggest-ever annual profit Thursday, but losses in ...
http://www.elpasoinc.com/news/article_1a23b352-5bf1-11e1-8657-0019bb30f31a.html
http://www.elpasoinc.com/news/article_1a23b352-5bf1-11e1-8657-0019bb30f31a.html
Posted on: February 21, 2012 at 1:06 am
0
votes
USA
General Motors to Introduce More Cost Cuts in Europe
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General Motors said that it would think about more cuts as the company is increasingly losing profit in Europe. However, the company recorded a 9.19 billion annual profit for the year 2011. The demand for GM's vehicles in Europe has been falling ...
http://www.nitrobahn.com/news/general-motors-to-introduce-more-cost-cuts-in-europe/
http://www.nitrobahn.com/news/general-motors-to-introduce-more-cost-cuts-in-europe/
Posted on: February 20, 2012 at 1:06 am
0
votes
USA
GM made record $7.6 billion in 2011
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By ALISA PRIDDLE DETROIT — General Motors made a record $7.6 billion in 2011, driven by a $7.2-billion profit in North America that ensures its highest profit-sharing payments of $7000 each to the typical US workers. Overall, GM's 2011 profit rose ...
http://lubbockonline.com/business/2012-02-19/gm-made-record-76-billion-2011
http://lubbockonline.com/business/2012-02-19/gm-made-record-76-billion-2011
Posted on: February 19, 2012 at 1:06 am
0
votes
USA
GM plans to freeze salaried workers' pensions
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By JEFF KAROUB AP Business Writer DETROIT (AP) - General Motors Co. plans to freeze its US pension plan for longtime white-collar workers and give all salaried employees annual bonuses but not pay raises in an effort to hold down expenses, ...
http://www.federalnewsradio.com/?nid=615&sid=2749556
http://www.federalnewsradio.com/?nid=615&sid=2749556
Posted on: February 18, 2012 at 1:07 am
0
votes
USA
Resurgent General Motors posts record $7.6-billion profit for 2011
reply
General Motors North America President Mark Reuss unveils three new Chevrolets in January at the North American International Auto Show in Detroit. In earning $7.6 billion last year, the automaker demonstrated how it has capitalized on its 2009 ...
http://www.latimes.com/business/autos/la-fi-autos-gm-comeback-20120217,0,5227978.story
http://www.latimes.com/business/autos/la-fi-autos-gm-comeback-20120217,0,5227978.story
Posted on: February 17, 2012 at 1:07 am
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votes
USA
GM Cuts Benefits for Salaried Staff
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By SHARON TERLEP General Motors Co. is freezing the pay of its 26000 US salaried employees and will eliminate its traditional pension contribution for those salaried workers who still receive them in moves to reduce financial risks and cut costs.
http://online.wsj.com/article/SB10001424052970204792404577225202499659404.html
http://online.wsj.com/article/SB10001424052970204792404577225202499659404.html
Posted on: February 16, 2012 at 1:06 am
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votes
USA
Earnings Preview: GM 2011 profit likely around $8B
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DETROIT— General Motors is expected to post a 2011 net profit of around $8 billion -- the best in its 103-year history -- when it releases fourth-quarter and full-year earnings on Thursday. With the numbers, though, will be signs of trouble in GM's ...
http://www.chicagotribune.com/news/local/chi-ap-us-gm-earningsprevie,0,2862168.story
http://www.chicagotribune.com/news/local/chi-ap-us-gm-earningsprevie,0,2862168.story
Posted on: February 15, 2012 at 1:10 am
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votes
USA
Lower AIG, GM values add $21 billion to deficit: White House
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WASHINGTON (Reuters) - The US financial bailout program will add $21 billion to the budget deficit next year largely due to lower valuations of the government's stock in General Motors Co and American International Group, the Obama administration said ...
http://www.reuters.com/article/2012/02/13/us-usa-budget-tarp-idUSTRE81C18D20120213
http://www.reuters.com/article/2012/02/13/us-usa-budget-tarp-idUSTRE81C18D20120213
Posted on: February 14, 2012 at 1:07 am
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votes
USA
Skadden's Roger Aaron, M&A Lawyer to GM and Mobil, Dies at 69
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A protégé of Joseph Flom, a pioneer in the mergers and acquisitions business, Aaron helped create the first so-called tracking stock, handled major assignments for Mobil Corp. and General Motors Corp., and helped build his New York-based firm into one ...
http://www.bloomberg.com/news/2012-02-12/skadden-m-a-lawyer-aaron-adviser-to-gm-and-mobil-dies-at-69.html
http://www.bloomberg.com/news/2012-02-12/skadden-m-a-lawyer-aaron-adviser-to-gm-and-mobil-dies-at-69.html
Posted on: February 13, 2012 at 1:07 am
0
votes
USA
Why I Own Shares of Both GM and Ford
reply
Anand owns shares in both Ford and General Motors and thinks the turnaround is a real one. Every now and again, we come across a stock that has us so excited we can hardly contain our investing enthusiasm. We've uncovered one such pick with so much ...
http://www.dailyfinance.com/2012/02/11/why-i-own-shares-of-both-gm-and-ford/
http://www.dailyfinance.com/2012/02/11/why-i-own-shares-of-both-gm-and-ford/
Posted on: February 12, 2012 at 1:06 am
0
votes
USA
GM wins environmental nod for $1.1 billion China plant
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SHANGHAI: General Motors Co's China venture has won approval from a local environmental authority to build a $1.1 billion plant in central Hubei province, following the imposition of tighter control over foreign investment in the automaking sector.
http://economictimes.indiatimes.com/news/international-business/gm-wins-environmental-nod-for-1-1-billion-china-plant/articleshow/11847314.cms
http://economictimes.indiatimes.com/news/international-business/gm-wins-environmental-nod-for-1-1-billion-china-plant/articleshow/11847314.cms
Posted on: February 11, 2012 at 1:20 am
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votes
USA
GM Poised to Get Approval to Build 7 Billion Yuan China Factory
reply
10 (Bloomberg) -- General Motors Co., the world's biggest automaker, is poised to receive approval to build a 7 billion yuan ($1.1 billion) factory in China, according to a provincial government statement. The plant, operated by GM's passenger-car ...
http://www.businessweek.com/news/2012-02-10/gm-poised-to-get-approval-to-build-7-billion-yuan-china-factory.html
http://www.businessweek.com/news/2012-02-10/gm-poised-to-get-approval-to-build-7-billion-yuan-china-factory.html
Posted on: February 10, 2012 at 1:10 am
0
votes
USA
GM introduces Acadia refreshed with new look, gadgets
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General Motors Co. took the wraps off the three-row crossover Wednesday at the first press day of the Chicago Auto Show. "With an award-winning combination of space, capability and fuel-efficiency, Acadia epitomizes GMC's 'never say never' attitude," ...
http://www.detroitnews.com/article/20120209/AUTO01/202090350/GM-introduces-Acadia-refreshed-new-look-gadgets?odyssey=mod%7Cnewswell%7Ctext%7CFRONTPAGE%7Cs
http://www.detroitnews.com/article/20120209/AUTO01/202090350/GM-introduces-Acadia-refreshed-new-look-gadgets?odyssey=mod%7Cnewswell%7Ctext%7CFRONTPAGE%7Cs
Posted on: February 9, 2012 at 1:08 am
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USA
GM set to restructure Opel amid substantial losses
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By Alborz Fallah | February 08th, 2012 General Motors is expected to release poor financial figures for its European Opel/Vauxhall unit with the company demanding deep cuts from European labour unions to insure the future of its European operations.
http://www.caradvice.com.au/158046/gm-set-to-restructure-opel-amid-substantial-losses/
http://www.caradvice.com.au/158046/gm-set-to-restructure-opel-amid-substantial-losses/
Posted on: February 8, 2012 at 1:06 am
0
votes
USA
GM Posts First Drop in China Sales in Six Months on Holiday
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7 (Bloomberg) -- General Motors Co., the world's biggest automaker, reported its first drop in China sales in six months as purchases slowed during the weeklong Lunar New Year holiday. Deliveries to Chinese dealers fell 8 percent to 246654 vehicles in ...
http://www.businessweek.com/news/2012-02-07/gm-posts-first-drop-in-china-sales-in-six-months-on-holiday.html
http://www.businessweek.com/news/2012-02-07/gm-posts-first-drop-in-china-sales-in-six-months-on-holiday.html
Posted on: February 7, 2012 at 1:06 am
0
votes
USA
Ford asks GM to pull Super Bowl ad implying that Silverado is most dependable ...
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LAS VEGAS — Ford is demanding that rival General Motors pull a Super Bowl commercial that implies the Chevrolet Silverado pickup is more dependable than the Ford F-Series. But GM stands by the ad and says it will run during Sunday's game.
http://www.washingtonpost.com/business/ford-asks-gm-to-pull-super-bowl-ad-implying-that-silverado-is-most-dependable-truck/2012/02/05/gIQApBeJsQ_story.html?tid=pm_business_pop
http://www.washingtonpost.com/business/ford-asks-gm-to-pull-super-bowl-ad-implying-that-silverado-is-most-dependable-truck/2012/02/05/gIQApBeJsQ_story.html?tid=pm_business_pop
Posted on: February 6, 2012 at 1:07 am
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votes
USA
GM says most of its US dealers agree to upgrades, but some question costs
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LAS VEGAS — General Motors Co. said Saturday that most of its 4400 US dealers have agreed to upgrade their showrooms over the next four years. The upgrades include new signs, more modern interiors and lounges with free Wi-Fi.
http://www.washingtonpost.com/national/gm-says-most-of-its-4400-us-dealers-plan-upgrades-but-not-all-dealers-are-happy/2012/02/04/gIQAjb2wpQ_story.html
http://www.washingtonpost.com/national/gm-says-most-of-its-4400-us-dealers-plan-upgrades-but-not-all-dealers-are-happy/2012/02/04/gIQAjb2wpQ_story.html
Posted on: February 5, 2012 at 1:07 am
0
votes
USA
General Motors still thinking big
reply
By Bob Cox General Motors is spending more than $500 million on its Arlington assembly plant over the next 18 months, indicating that GM officials believe there's still a bright future for the large sport utility vehicles built at the plant.
http://www.star-telegram.com/2012/02/04/3710832/general-motors-still-thinking.html
http://www.star-telegram.com/2012/02/04/3710832/general-motors-still-thinking.html
Posted on: February 4, 2012 at 1:07 am
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votes
USA
Under the hood: GM blueprint for Volt 2.0
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By Ben Klayman | TROY, Michigan (Reuters) - The Chevrolet Volt stands as the most heavily promoted - and harshly scrutinized - vehicle from General Motors Co in decades. And that's just version 1.0. Amid the debate, one aspect of the Volt has escaped ...
http://www.reuters.com/article/2012/02/02/us-gm-volt-idUSTRE81126420120202
http://www.reuters.com/article/2012/02/02/us-gm-volt-idUSTRE81126420120202
Posted on: February 3, 2012 at 1:06 am
0
votes
USA
GM's good news at Arlington plant is great for North Texas
reply
When General Motors was opening its Arlington plant almost 60 years ago, a statement by the corporation's president a year earlier was catching on around the country. "What was good for the country was good for General Motors, and vice versa," Charles ...
http://www.star-telegram.com/2012/02/01/3705170/gms-good-news-at-arlington-plant.html
http://www.star-telegram.com/2012/02/01/3705170/gms-good-news-at-arlington-plant.html
Posted on: February 2, 2012 at 1:06 am
0
votes
USA
Obama hopes to ride auto bailout to re-election
reply
Despite the bailout money still owed taxpayers, President Obama is going to try to ride his rescue of General Motors and Chrysler to a re-election victory. The Associated Press says for Obama, the auto bailout is a case study for his efforts to revive ...
http://content.usatoday.com/communities/driveon/post/2012/01/obama-hopes-to-ride-auto-bailout-to-reelection/1
http://content.usatoday.com/communities/driveon/post/2012/01/obama-hopes-to-ride-auto-bailout-to-reelection/1
Posted on: February 1, 2012 at 1:07 am
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votes
USA
GM's Looming Money Pit
reply
By John Rosevear | More Articles When General Motors (NYSE: GM ) reports fourth-quarter and 2011 earnings next month, I expect few surprises. Sales have been decent, product-development efforts seem to be on track, and the continued struggles of key ...
http://www.fool.com/investing/general/2012/01/30/gms-looming-money-pit.aspx
http://www.fool.com/investing/general/2012/01/30/gms-looming-money-pit.aspx
Posted on: January 31, 2012 at 1:06 am
0
votes
USA
GM bailout, revisited
reply
IN his State of the Union address the other night, President Obama credited his auto-industry bailout (he called it "help") with returning General Motors to the top of the global auto manufacturing heap. In terms of vehicles produced, he's right.
http://fredericksburg.com/News/FLS/2012/012012/01302012/679635
http://fredericksburg.com/News/FLS/2012/012012/01302012/679635
Posted on: January 30, 2012 at 1:07 am
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votes
USA
GM CEO: No Apologies For Accepting US Bailout
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by NPR Staff General Motors CEO Daniel Akerson, shown at the Detroit auto show earlier this month, tells NPR: "We want to produce the world's best vehicles, improve our margins, cash flow and profitability, but we have a long, long road to walk.
http://www.npr.org/2012/01/28/145991934/gm-ceo-no-apologies-for-accepting-u-s-bailout
http://www.npr.org/2012/01/28/145991934/gm-ceo-no-apologies-for-accepting-u-s-bailout
Posted on: January 29, 2012 at 1:06 am