TURIN (Reuters) - Consolidation continues to be necessary in the auto industry but there is nothing new to report on Fiat Chrysler's desire for a tie-up with General Motors, FCA CEO Sergio Marchionne said on Friday. "The (need for) consolidation...Show More Summary
(This version of the July 1 story corrects Kia Motors U.S. sales to up 6.9 percent, not 3.6 percent in last paragraph) By Bernie Woodall DETROIT (Reuters) - Strong demand for sport utility vehicles and trucks in June helped General Motors Co and Ford Motor Co offset slowing demand for sedans by allowing them to raise prices on their trucks. Show More Summary
Ford Motor Company, General Motors, and Fiat Chrysler Automobiles all posted sales gains last month. Each manufacturer saw an increase in demand and overall sales for their models. Mercedes-Benz, Kia Motors, and Hyundai all saw record sales too, while Mazda logged their best June in 13 years. Ford Motor Company The Dearborn, Michigan automaker increased […]
To date, General Motors’ outside fund has approved 119 death claims and 243 injury claims related to the defective ignition switch that sparked last year’s recall crisis. The fund is set to wrap up soon. Before it does, critics — including some family members of those killed — are wondering why the fund is covering certain deaths but not others. Read more...
General Motors generated 17.7% of the U.S. auto industry’s new vehicle sales in the first-half of 2015, a slight decline from the 17.8% market share earned by GM in the same period one year ago. GM, the top-selling automobile manufacturer...Show More Summary
General Motors executives attributed the decline partly to a decision to reduce sales to rental fleets. Buick, Chevrolet and Cadillac suffered losses.
In January, there was a lot of chatter at the Detroit Auto Show about how General Motors had unveiled a "Tesla killer" in its new Bolt, a compact electric car with a range of 200 miles and a price tag of $30,000. Tesla is aiming to introduce it own mass-market car, the Model 3, in 2017. Show More Summary
A group of General Motors shareholders found their lawsuit over the February 2014 recall dismissed in Delaware Monday due to lack of evidence. The lawsuit — one of four linked to shareholders; the others are in Michigan — alleged GM’s...Show More Summary
With the nation’s steadying economy accelerating demand for all manner of commercial trucks, the truck-production landscape is evolving – and revolving – as former partners and rivals scramble for position in what is projected to be a boom period for truck manufacturing. Industry sources believe General Motors is close to announcing [...]
(Reuters) - General Motors Co said a judge in Delaware has dismissed a lawsuit by shareholders who wished to recoup losses stemming from the recall of millions of vehicles with an ignition switch defect linked to several deaths. TheShow More Summary
General Motors is moving up the on-sale date for its Chevrolet Bolt electric car to 2017, or maybe even sooner than that. It'll cost $30,000 (after tax breaks) about $5,000 less $2.5k more than the upcoming Tesla Model 3, which will offer a similar 200 mile range on a charge.
Sure, sometimes breaking up might be hard to do, but it always helps when you’ve got another suitor lined up to take your former flame’s place. Such is the arrangement for the National Football League, which announced today that it’s ending its relationship with General Motors and hooking up with Hyundai. Hyundai will take GM’s place as the NFL’s official … [More]
Chevy Spark EV. It sells at mass-market prices. Last week saw General Motors come out swinging in its bid to win over -- preemptively -- car buyers waiting for the Holy Grail of electric vehicles. That would be a 200-mile-range all-electric sedan that doesn't break the bank. The first car that comes [...]
General Motors’ CEO Mary Barra knows that the road to fully electric vehicles is a long one, and that’s why she’s making sure her company takes it one step at a time. Affordability is key to the future of electric vehicles, Barra said in an interview with LinkedIn’s executive editor Daniel Roth. Show More Summary
America’s pastime no longer urges you to buy American. At least not when it comes to automobiles. General Motors is out, and Hyundai is officially now in as the official automative sponsor of the NFL. It’s a four-year arrangement announced Monday morning, and it will be launched in connection with the kickoff to the NFL…
FCA CEO Sergio Marchionne says he’s not ready to court General Motors’ shareholders for a merger, while Ford’s Mark Fields prefers no mergers at all. Though Marchionne was said to be gathering allies in the finance field to help persuade...Show More Summary
Drove my Chevy to the levy data centre because its storage capacity was high General Motors is already testing its new Chevy electric prototype at its Milford Proving Ground – where its data centre is powered by its own vehicles' recycled batteries – and seems to be well ahead of Tesla in rolling out its distance-driving electric vehicle.…
It definitely seems like the new-car smell these days comes with a side order of government recall notice. Takata airbag debacle aside, General Motors’ customers have been the hardest hit over the past year or so, and the hits just keep...Show More Summary