By Paul Lienert DETROIT (Reuters) - Chinese consumers' continued preference for luxury brands could help make that country Cadillac's largest global market in the next five to 10 years, the head of General Motors China said Thursday....Show More Summary
It looks like Cadillac doesn’t think the Chevrolet Cruze is a suitable platform for a new luxury model. A source in a story we ran yesterday claimed an internal program code that popped up at General Motors points to a new Cadillac model...Show More Summary
As GM’s turnaround strategy progresses, the attributes Silicon Valley is known for are becoming more important to the car company's continued success.
The US auto industry should be taking a victory lap: 2015 was a record sales year and profits continue to roll in. Cheap gas is driving sales of SUVs – leading to fat profits for the Detroit Big Three — General Motors, Ford, and Fiat...Show More Summary
Based on internal platform codes, sources are telling us Cadillac is working on a Delta-based Mercedes CLA rival. General Motors has spent significant time and effort refining the Delta platform – as noted in our Cruze review, this platform is well worthy of premiums above the Cruze’s $17, 495 MSRP. Show More Summary
Tesla is in the game to make money with its $35,000 Model 3, due out in late 2017, but that claim was recently disputed by an industry insider. Jon Bereisa, an electric vehicle engineering consultant (and former General Motors systems...Show More Summary
By Jake Spring BEIJING (Reuters) - Cadillac, General Motors Co's luxury brand, is targeting an 11 percent operating margin in 10 years, Cadillac President Johan de Nysschen said on Monday in an interview with Reuters, laying out a timeline for the long-term turnaround of the brand. Show More Summary
The developer who wants to turn the former Doraville General Motors assembly plant into a massive mixed-use development says the project could be scrapped if the DeKalb County school system does not participate in a proposed tax allocation...Show More Summary
General Motors is planning a big expansion of electric vehicles and plug-in hybrids in China in the next five years. Continue reading GM wants to have 10 plug-in models in China in five years GM wants to have 10 plug-in models in China in five years originally appeared on Autoblog on Sun, 24 Apr 2016 10:59:00 EST. Show More Summary
This might be surprising, but car companies don't fear recalls. They know they'll face them, and they accept they're a cost of doing business. A General Motors or Toyota isn't happy when a truly huge and deadly one happens — such as the GM ignition-switch recalls linked to more than 100 fatalities. Show More Summary
The General Motors Co. is going to stop production at four plants in the United States and Canada for two weeks since Monday due to caused by recent earthquakes in Japan delivery problems.
There’s happy faces inside the Renaissance Center today. General Motors saw its first-quarter pretax profit rise 28 percent, despite continuing trouble in foreign markets, Automotive News has reported. A net income of $1.95 billion means investors will reap $32.66 a share, a 1.5 percent increase. Show More Summary
Four General Motors assembly plants in the U.S. and Canada will be closed temporarily due to supply chain disruptions caused by last week’s earthquakes in Japan. The automaker announced today that four plants — Spring Hill, Tennessee; Lordstown, Ohio; Fairfax, Kansas; and Oshawa, Ontario — will be idled for two weeks starting on April 25. Show More Summary
It was a great 2015 for General Motors and CEO Mary Barra and record sales have converted to a 77% bump in the CEO’s pay package. Her total pay for 2015 reached $28.6 million, up from $16.2 million she received in 2014, according to a GM filing released on Friday. Show More Summary
DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra's compensation for 2015 rose 72 percent from the prior year as she guided the company to record profits, the company said on Friday. Much of Barra's compensation was tied to stock awards she cannot yet cash in, and some of those awards are tied to share price performance. Show More Summary
DETROIT (Reuters) - Steve Girsky, the one-time Wall Street analyst who was instrumental in the emergence of General Motors Co from bankruptcy and the restructuring of the company after a 2009 government bailout, is retiring from the company's board of directors, GM said on Friday. Show More Summary
General Motors' first quarter profit more than doubled as all of its business units posted improved numbers including record pretax earnings in North America.
Categories: Afternoon Coffee Tags: General News Toyota Motor Corp. said it would reopen its Japan plants next week after shutting down operations following the recent earthquakes. The carmaker said it would resume production at 18 assembly lines between April 25 and April 28. Show More Summary
General Motors had record earnings during the first quarter of 2016. Transaction prices higher than the industry average in the US helped offset falling global sales. Continue reading General Motors posts record earnings, but globalShow More Summary
General Motors reported strong first-quarter earnings on Thursday. After earnings were released, CEO Mary Barra and CFO Chuck Stevens answered questions from analysts on a conference call. Several analysts hit on the same point, asking...Show More Summary