General Motors Co.'s first-quarter pretax income of $1.30 billion put an exclamation point last week on the Detroit 3's new reality. The three automakers are by no means robustly healthy.
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The U.S. Treasury Department has hired Lazard Ltd. to advise the government on an initial public offering of General Motors Co., a source familiar with the matter said on Friday.
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The U.S. Treasury Department has hired Lazard Ltd. to advise the government on an initial public offering of General Motors Co., a source familiar with the matter said.
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Nissan North America has shifted Infiniti marketing boss Jon Brancheau to Nissan Division, replacing Joel Ewanick, who left this month for General Motors Co.
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The week began with two significant events: a new look for us (read-all-about-it here) and black quarterly ink for General Motors for the first time since 2007.
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The former General Motors/Toyota joint venture factory in Fremont, California, once known as NUMMI (New United Motor Manufacturing Inc) and closed in April, is to build cars again. Tesla Motors has purchased the factory to build the Model S sedan and future vehicles. The EV maker also announced cooperation with Toyota on the development of electric vehicles, parts, and production system and engineering support.
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Chrysler Group CEO Sergio Marchionne said the carmaker may undertake an initial public offering next year and he prefers that General Motors Co. goes first. "Probably 2011," Marchionne said when asked about the timing of a listing.
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Chrysler Group LLC Chief Executive Officer Sergio Marchionne said the carmaker may undertake an initial public offering next year and he prefers that General Motors Co. goes first.
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The U.S. Environmental Protection Agency has approved a cleanup plan for part of a former General Motors factory complex in Flint.
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Two weeks after being named top marketer at General Motors Co.
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Two weeks after being named top marketer at General Motors Co.
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General Motors Co. lost its second arbitration out of two known cases -- this time to a dealership in rural Missouri. Thomas Motors in Moberly won reinstatement and has been told by GM that it will get a letter of intent, the dealer's attorney said.
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General Motors Co. lost its second arbitration out of two known cases -- this time to a dealership in rural Missouri. Thomas Motors in Moberly won reinstatement and has been told by GM that it will get a letter of intent, the dealer's attorney said.
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General Motors Co.'s new marketing chief, Joel Ewanick, plans to shift primary responsibility for Chevrolet advertising to Goodby, Silverstein and Partners, AdWeek reported, citing sources familiar with the move.
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The end of scrapping incentives in Germany is hurting sales at General Motors Co.'s top European brand and contributing to GM's car sales slump in Europe.
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I'm going to be blunt, mean even. If you thought that the recent past, including the tough times in the auto business, have purified the process of building a car, you'd only be partially right. Badge engineering is well and alive. "What's that?" you ask. Take identical platforms, powertrains, near-identical interior and exterior designs and call one Pineapple, and the other Papaya. General Motors has made an exact science of this exercise.
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General Motors announced this week that it plans to offer compressed-natural-gas- and liquefied-petroleum-gas-powered versions of the Chevrolet Express and the GMC Savana full-size vans to fleet and commercial customers starting this year.
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General Motors announced this week it plans to offer compressed natural gas and liquefied petroleum gas- powered versions of the Chevrolet Express and GMC Savana full-size vans to fleet and commercial customers starting this year.
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General Motors gave a fitting send-off to now-retired vice chairman Bob Lutz on Tuesday in Detroit.
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The Obama administration today proposed a trust fund of more than $800 million to pay for the cleanup of closed General Motors sites in 14 states.
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