Friday, October 3rd, 2008
GM plans on debuting new fuel-efficient Chevrolets at the 2008 Paris Auto Show. General Motors is anxious to show case the new Volt and Cruze lines because the company thinks those two lines should sell well in Europe.
The Chevrolet Cruze will be going on sale in Paris in Spring ...
Posted in Chevrolet | Comments Off
Thursday, October 2nd, 2008
General Motors is building a new plant in Flint to produce new, high tech 4 cylinder engines which will be used in their fuel efficient vehicles, the Chevrolet Cruz and the Chevrolet Volt.
The plant in Flint is scheduled to open in two years.
The Cruze, about the ...
Posted in Chevrolet | Comments Off
Monday, September 29th, 2008
GM wants to make sure they have enough money to continue operations, despite the ongoing credit crisis.
The company announced they've drawn down the rest of a $4.5 billion credit line they established with bankers two years ago.
The collateral for the credit consists of North American accounts receivable and inventory of ...
Posted in GM | Comments Off
Saturday, September 27th, 2008
Anyone who's seen the Michael Moore movie, "Roger and Me", knows that Flint, Michigan and General Motors have had a troubled relationship for decades. But right now, the town is happy that GM is investing $349 million to build an engine plant that will keep 300 residents working.
It's no ...
Posted in GM | Comments Off
Tuesday, September 9th, 2008
GM has issued a recall of nearly 300,000 Chevrolet wagons.
General Motors Corp. is recalling almost 300,000 Chevrolet HHR wagons because of a problem with a storage bin latch. The U.S. National Highway Traffic Safety Administration says the recall would cover 296,422 HHRs built for the 2006-08 model years. In tests, ...
Posted in Chevrolet | Comments Off
Wednesday, April 23rd, 2008
GM hasn't done much in the world of hybrid vehicles, but auto industry analysts think that's about to change. GM has began a drive to produce and sell more hybrids.
In the first quarter of 2008, GM sold a paltry 843 hybrids. This puts GM behind Ford and way behind ...
Posted in GM | Comments Off
Monday, April 14th, 2008
GM has been selling hybrid vehicles at a snail's pace. The company had been hoping that hybrids would move quicker, especially their full-size SUV model.
Posted in GM | Comments Off
Sunday, April 13th, 2008
GM is looking to bolster their growth, so they look to where many companies do these days: China. Volume in China is picking up for American heavyweights. Ford is expected to sell 90,000 vehicles this year and GM is hoping to hit 400,000 units sold.
The Buick Excelle is ...
Posted in GM | Comments Off
Wednesday, April 2nd, 2008
GM has been feeling the pinch of an economic slowdown that has lingered on. But representatives from the company say the worst may be over.
G.M.’s chief sales analyst, Michael C. DiGiovanni, called the economic stimulus checks, which will be at least $600 for most individuals and include an extra ...
Posted in GM | Comments Off