Automobile Makes and Models General Motors

Automobile Makes and Models General Motors

General Motors Corporation, also known as GM, has been the world's largest automaker since 1931, although it is projected that Toyota Motor Corporation will surpass it in 2007. Founded in 1908, GM today employs about 326,999 people... [more]

General Motors Corporation, also known as GM, has been the world's largest automaker since 1931, although it is projected that Toyota Motor Corporation will surpass it in 2007. Founded in 1908, GM today employs about 326,999 people around the world. With global headquarters at the Renaissance Center in Detroit, Michigan, USA, GM manufactures its cars and trucks in 33 countries. In 2005, 9.17 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, Daewoo (now sold under the Chevrolet and Suzuki brands in the United States, Europe and in some other countries), Holden, Hummer, Oldsmobile (now defunct), Opel, Pontiac, Saab, Saturn, Vauxhall. GM operates a finance company, GMAC Financial Services, which offers automotive, residential and commercial financing and insurance. GM's OnStar subsidiary is a vehicle safety, security and information service provider.

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From:   www.ap.org
General Motors Co.'s Opel unit said Tuesday that it plans to invest euro11 billion ($15 billion) through 2014 and appealed for government help as it detailed a restructuring drive that will result in about 8,300 job cuts across Europe. Chef Executive Nick Reilly said as he presented Opel's restructuring plan Tuesday that the automaker is seeking euro2.7 billion from European governments in loans and loan guarantees. Parent General Motors Co. has already injected euro600 million along with euro650 million in advanced payments to ensure Opel's cash positions. Reilly said of the process of seeking aid: "our estimate is the overall process will take several ... Read Full Story
Written by jesrod on
Filed under: Hybrid , Technology , Cadillac , GM General Motors’ two-mode hybrid system hasn’t exactly been a commercial success. GM has had a hard time finding customers willing to part ways with $10,000 or more for a fully capable SUV with sedan-like city fuel economy, but that reportedly isn’t stopping the Detroit, MI-based automaker from improving its hybrid formula for its next generation of vehicles. GM is said to be working on a new electric motor that will reportedly shrink in size by 25 percent while increasing power by 20 percent. These smaller, more powerful motors will reportedly help The General put its ... Read Full Story
From:   www.ap.org
Humvees, the hulking all-terrain vehicles once synonymous with the U.S. Army, no longer suit its needs and no more will be ordered, an Army spokesman said Wednesday. The Army will take the 2,620 new Humvees it has on order, but those will be the last it buys, Lt. Col. Jimmie Cummings said. "Feedback from our commanders overseas in Afghanistan and Iraq was that the Humvees were just not providing the desired level of protection for our soldiers," Cummings said. "The force protection is the number one thing that we think about with our soldiers." Commanders, especially those in Afghanistan, are increasingly using armored fighting ... Read Full Story
From:   www.ap.org
General Motors' plan to sell the Hummer brand to a Chinese heavy equipment maker has been delayed by a month. General Motors Co. and Sichuan Tengzhong Heavy Industrial Machinery Corp. said Monday they are extending the deadline to complete the transaction until Feb. 28 pending final approval by the Chinese government. The previous deadline was Jan. 31 for a definitive agreement to sell the brand once synonymous with America's love for big off-road vehicles. Hummer spokesman Nick Richards said the deal has cleared U.S. regulatory hurdles. He said both companies are "optimistic the deal will be completed" by month's end. Sichuan Tengzhong says it's ... Read Full Story
From:   www.afp.com
Ed Whitacre said Monday he agreed to be permanent chief executive and chairman at struggling US auto giant General Motors, and vowed to repay government loans by June. Whitacre had stepped in as the temporary CEO after Fritz Henderson quit the position last December as the number one American auto company reeled from financial crisis. "The board of directors asked if I would be willing to stay on at GM and help continue the company's road back to success," he told a press conference at GM's headquarters in Detroit. "Having spent the past few months learning the business, meeting with our employees, customers and ... Read Full Story
General Motors Co.'s Opel unit plans to detail its restructuring plan for the European automaker on Tuesday. The company says Chief Executive Nick Reilly will present his plan for its future in Frankfurt. Reilly said last month that Opel plans to close its... General Motors - Opel - Automotive industry - Chief executive officer - Frankfurt am Main  
From sfgate.com ()
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Toyota’s Lexus brand has long-established itself as a leader in luxury hybrid vehicles, but General Motors’ Cadillac brand is reportedly taking aim at Lexus’ eco-friendly domain. Cadillac could offer a hybrid option on two of its future rear-drive offerings. General Motors has already announced a new version of its two-mode hybrid system, with the new [...]  
From leftlanenews.com ()
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TruckTrend MagazineGeneral Motors' January sales rise, Kansas City-made vehicles post dramatic gainsBizjournals.comAfter a rapid bankruptcy restructuring last summer, GM emerged with four brands — Chevrolet, Buick, GMC and Cadillac — that made up 98 percent of GM's ...Shanghai GM Jan sales double to 90202 carsGasgoo automotive newsCore brands have 40.6% gainDetroit Free PressChevrolet, Buick, GMC and Cadillac Retail Sales Up 3 Percent -- Total...  
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Penn National Gaming, Inc. (Nasdaq: PENN) announced today it has completed the purchase of 123 acres at the site of the former General Motors/Delphi Automotive plant located on the west side of Columbus on Georgesville Road near the intersection of West Broad Street. The brownfield site is the alternate location for the development of the Company’s planned development of the Hollywood Casino Columbus which is now budgeted at approximately $400...  
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At latest count, there are now 9.5 million vehicles being recalled by the Toyota Corp. for “Sudden Unintended Acceleration” defects. Your columnist is just one of the 9.5 million. Your logical question could be, “How can a former General Motors Corp. employee be affected by a Toyota recall?” The GM-Toyota relationship began in the early 1970s when the Japanese carmaker came to General Motors seeking an alliance in building automobiles in the...  
From charleston.net ()
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DETROIT (AP) -- General Motors' plan to sell the hulking, once-hot Hummer line to a Chinese heavy equipment maker has been delayed by a month, officials said Monday. General Motors Co. and Sichuan Tengzhong Heavy Industrial Machinery Corp. said they...  
From themonitor.com ()
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General Motors, one of the biggest automobile manufacturing companies in the United States has released an all new eco-friendly electric hybrid car, titled, Chevrolet Volt, that could easily revolutionize the environment friendly family car segment, provided the cost of the vehicle is made as such that the common man can afford it. Chevrolet Volt boasts [...]  
From trendsupdates.com ()
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