here are questions about the future of the holden colorado ute and colorado7 suv, which is soon set to adopt the trailblazer nameplate used in other markets, following news that general motors and isuzu have ended their joint light truck venture. Show More Summary
Late last week General Motors and Isuzu announced that the two companies will be not be jointly developing their next-generation utes, which are sold in Australia as the Holden Colorado and Isuzu D-Max. In a statement released to the media, including Reuters, GM said, “Both GM and Isuzu agree that due to unique requirements for […]
By Aditi Shah NEW DELHI (Reuters) - General Motors is re-evaluating its planned $1 billion investment in India and has put on hold moves to bring a new car platform to India as it re-assesses its strategy in the country, according to company officials. Show More Summary
This is a deep-dive followup to the recent article “Tesla Resale Value Guarantee Disappears.” While hopefully of general interest, this is of particular importance to investors in Tesla Motors Inc. (NASDAQ: TSLA) stock. In summary: From Q3...Show More Summary
2017 Chevy Bolt EV: The 200-mile-range Bolt is a lot more interesting at the moment. That's because it's almost here. (Credit: General Motors) AsGeneral Motorsreadies the all-electric Chevrolet Bolt for avaibility, it's "pencils down" for the Tesla Model 3 design. Those two official public positions illustrate just how far apart the two [...]
Willow Run plant, which was more recently operated by General Motors, may be redeveloped for auto testing. Continue reading More funding needed for Michigan autonomous-driving test center More funding needed for Michigan autonomous-driving test center originally appeared on Autoblog on Sat, 23 Jul 2016 15:00:00 EDT. Show More Summary
General Motors had a very good second quarter. In fact, the company’s financial results beat market expectations by a wide margin, on strong North American sales and a rebound in European sales. Still, Wall Street doesn't seem to be impressed with GM numbers, as a rally in the company's shares following [...]
Mary Barra, chairman and chief executive officer of General Motors Co., speaks during the Billington Global Automotive Cybersecurity Summit at the Cobo Center in Detroit, Michigan, U.S., on Friday, July 22, 2016. Key Speakers at the summit discussed the future of autonomous vehicles and cybersecurity and how automotive cyber threats, [...]
Yesteday we found out that General Motors is planning to update the Chevrolet Corvette Z06 for the 2017 model year in order to stop its engine from overheating when driven at the race track. The news came from Tagde Juechter, the Executive...Show More Summary
Update: Automotive News is reporting General Motors is now focusing “on the higher end of the market while the Japanese firm sticks to selling vehicles for everyday commercial purposes,” strongly hinting that GM is the one that broke off the collaboration. Show More Summary
BEIJING/TOKYO (Reuters) - General Motors Co and Isuzu Motor Co have agreed to cease collaboration on the development of midsize pick-up trucks made in Asia, ending a joint product development relationship that dates back to the mid-2000s. ...Show More Summary
General Motors said economic "headwinds" from the UK's vote to leave the European Union may cost the company $400 million (£300 million). The company said it may cut costs across Europe to deal with the depreciating Pound and economic...Show More Summary
In his speech at the Republican convention on Thursday night, RNC chairman Reince Priebus told “a little-known story of American greatness.” The subject of this story was General Motors president William Knudsen. Here’s how Priebus told it: William Knudsen was a Danish immigrant who started out working in a shipyard and living in a boarding house. Show More Summary
Tesla's big vision for the future fares less well today than General Motors' surprises news of better-than-expected quarterly profit.
On Thursday, a group of boldface investors and CEOs, including Warren Buffett, Jamie Dimon, General Motors' Mary Barra co-signed a set of governance principles for companies and investors to live by. It may set a new standard for American corporate governance.
General Motors is busy phoning friends and posting on its Facebook wall after it made record net revenue in the second quarter of 2016 and boosted its net profit by 157 percent. A net revenue of $42.4 billion is a high point for theShow More Summary
On Thursday a number of CEOs including Berkshire Hathaway's Warren Buffett, General Motors' Mary Barra, and Larry Fink, the CEO of BlackRock all got together and signed a letter listing a bunch of ways to improve corporate governance...Show More Summary
General Motors raised its forecast for full-year profits after reporting a record second-quarter profit that handily beat Wall Street expectations.
GM earned nearly $3 billion last quarter; "Pokemon Go" to boost Apple's bottom line; Dow rises to yet another record. These headlines and more from CBSMoneyWatch.
General Motors reported second-quarter earnings on Thursday, and they were a big beat on analysts expectations. The automaker turned in yet another profitable quarter and took in a record amount of revenue, over $40 billion, for theShow More Summary