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General Motors News -  View All

  • General Motors may put Brazil workers on paid leave: union
    Thu, 24 Jul 2014 16:39:44 -0700
    General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union said on Thursday, amid falling output in Latin America's largest economy. Calling the move "unnecessary," the union said 1,000 of 5,200 workers in São José dos Campos, Sao Paulo state, could be laid off. Workers and the Detroit-based auto maker will likely discuss the proposal ...

  • General Motors' profit skids on recall costs
    Thu, 24 Jul 2014 06:01:49 -0700
    General Motors on Thursday posted a sharp drop in second-quarter profit as the automaker took heavy charges for safety recalls and a compensation fund for victims of faulty ignition switches. GM net profit dived 85 percent to $190 million, missing analyst expectations. Adjusted earnings per share of 58 cents came in a penny below estimates. "There is no cap on this program, but this charge is ...

  • Toyota remains at top in sales after first half
    Wed, 30 Jul 2014 02:38:20 -0700
    Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall ...

  • GM sued over deaths, injuries linked to ignition switch
    Tue, 29 Jul 2014 16:13:07 -0700
    General Motors was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches. The lawsuit was filed in Manhattan federal court, where dozens of cases against GM over the switch recall have been consolidated. Since the beginning of the year, GM has recalled nearly 15 ...

  • Second Annual National Heatstroke Prevention Day Call to Action to Highlight Dangers of Children in Hot Cars
    Thu, 31 Jul 2014 08:46:00 -0700
    WASHINGTON, July 31, 2014 /PRNewswire-USNewswire/ -- Safe Kids Worldwide is partnering with the National Highway Traffic Safety Administration (NHTSA), the General Motors Foundation and OnStar for today's National Heatstroke Prevention Day, a day-long social media campaign to raise awareness about heatstroke and the importance of never leaving a child alone in a car.   So far this year, at least ...


Auto Dealers News -  View All

  • US retail sales tick up 0.2 percent in June
    Tue, 15 Jul 2014 06:32:56 -0700
    WASHINGTON (AP) — U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year.

  • Retail Begins Picking It Up
    Tue, 15 Jul 2014 12:10:02 -0700
    The sales data of most retailers reveal that the industry has been picking up with better-than-expected comps reported for the fourth straight month.

  • GM recalls far from calamity for some dealers who find new customers, business
    Fri, 25 Jul 2014 02:54:36 -0700
    By Nick Carey and Bernie Woodall FOX LAKE Ill. (Reuters) - The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago. Although the script is not what the dealership would have ...


Minority Dealers News -  View All

  • Marijuana: Brooklyn DA and New York police at odds on minor crimes
    Wed, 09 Jul 2014 12:16:21 -0700
    Brooklyn’s district attorney announced Tuesday that, starting immediately, his office will begin to dismiss most low-level pot possession crimes, simultaneously advancing the national acceptance of recreational marijuana use while creating a policy dissonance with the NYPD. The district attorney, Kenneth Thompson, elected last fall after running a campaign critical of the New York Police ...


Auto Sales News -  View All

  • Honda net profit jumps 19.6% on strong sales, weak yen
    Tue, 29 Jul 2014 03:24:03 -0700
    Japanese automaker Honda said Tuesday its latest quarterly net profit jumped 19.6 percent to $1.4 billion thanks to a weak yen and growth in global auto sales, as it boosted its full-year profit forecast. Honda said it earned 146.5 billion yen ($1.4 billion), up from 122.5 billion yen a year earlier, as sales rose 5.4 percent to 2.99 trillion yen. In a statement, Honda credited its profit gains ...

  • U.S. auto sales seen rising 9 percent in July: JD Power-LMC
    Thu, 24 Jul 2014 11:55:25 -0700
    U.S. auto sales in July will be the strongest for the month since 2006, and rise 9 percent from last year, automotive industry consultants J.D. Power and LMC Automotive predicted on Thursday. For the fifth consecutive month, the seasonally adjusted annualized sales rate will top 16 million new vehicles, at 16.6 million, the consultancies said. LMC raised its full-year 2014 forecast for new auto ...

  • VW passes GM in global auto sales race
    Wed, 16 Jul 2014 11:09:03 -0700
    DETROIT (AP) — Volkswagen bumped General Motors out of second place in the global auto sales race during the first half of the year, but Toyota is expected to stay in first place.

  • China's first-half auto sales up 8.4%: industry group
    Wed, 09 Jul 2014 03:05:48 -0700
    Auto sales in China, the world's biggest car market, reached 11.68 million vehicles in the first half of 2014, an industry group said Wednesday, up 8.4 percent on last year. In June alone, sales rose 5.2 percent year-on-year to 1.85 million vehicles, the China Association of Automobile Manufacturers said in a statement, down from May's 8.5 percent increase. China has become critically important ...

  • VW set to overtake Toyota as global auto leader
    Tue, 29 Jul 2014 14:01:58 -0700
    By Yoko Kubota TOKYO (Reuters) - Volkswagen is poised to overtake Toyota Motor Corp <7203.T> as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality. Toyota, reigning at the top spot in the auto industry for two years in a row, will announce its global sales for the first six months ...


General Motors Dealers News -  View All

  • GM recalls far from calamity for some dealers who find new customers, business
    Fri, 25 Jul 2014 02:54:36 -0700
    By Nick Carey and Bernie Woodall FOX LAKE Ill. (Reuters) - The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago. Although the script is not what the dealership would have ...

  • Isuzu Davao celebrates 65 years
    Thu, 31 Jul 2014 12:10:57 -0700
    Isuzu Davao, one of the country’s oldest dealers, celebrates its 65th anniversary since the company opened its doors in 1949. Though it has sold Isuzu vehicles exclusively since 1991, Southern Motors, Inc. (SMI) traces its roots further back. It was originally established as Southern Motors, Inc. (SMI) under the Yutivo and Sons Group of Companies. SMI sold General Motors (GM), and managed the ...

  • Exclusive: GM says it has no fix yet for some recalled Cadillacs with switch issues
    Sat, 19 Jul 2014 12:54:41 -0700
    By Paul Lienert DETROIT (Reuters) - General Motors Co has ordered Cadillac dealers to stop selling some versions of the CTS model-range because the automaker does not have a fix yet for cars recalled in late June over an issue where engines can be shut off if the driver's knee bumps the ignition key, the company said on Saturday. Details of incidents leading up to the June 30 recall, including ...

  • GM halts sale of some Cadillac CTS sedans
    Sun, 20 Jul 2014 08:33:22 -0700
    NEW YORK: General Motors Co (GM) has told its dealers to halt the sale of some Cadillac models because the company doesn’t yet have a fix in place for a defective ignition switch. The Detroit-based carmaker issued an urgent order dated July 8 to its dealers to stop delivery of 2014 Cadillac CTS sedans that use a standard key ignition. The notice became public after the United States National ...

  • Details of 6 GM recalls announced Wednesday
    Wed, 23 Jul 2014 13:23:14 -0700
    General Motors announced six more recalls Wednesday, bringing its total so far this year to 60, affecting nearly 30 million vehicles. Wednesday's recalls total nearly 823,000 cars, trucks and SUVs in North ...