General Motors News - View All
- General Motors Gains on Credit Rating Upgrade by S&P
Wed, 01 Oct 2014 09:20:02 -0700
Standard & Poor's (S&P) Ratings Services upgraded the credit ratings of both General Motors and GM Financial to investment grade with a stable outlook.
- The Zacks Analyst Blog Highlights: General Motors, Ford Motor, Honda Motor, Tesla Motors and General Electric
Thu, 02 Oct 2014 01:49:58 -0700
The Zacks Analyst Blog Highlights: General Motors, Ford Motor, Honda Motor, Tesla Motors and General Electric
- GM's US sales up 19 percent in September
Wed, 01 Oct 2014 07:12:08 -0700
DETROIT (AP) — General Motors' U.S. sales jumped 19 percent in September on big demand for its pickup trucks.
- General Motors' US sales up 19 per cent in September on strong truck demand
Wed, 01 Oct 2014 07:12:12 -0700
DETROIT - General Motors' U.S. sales jumped 19 per cent in September on big demand for its pickup trucks.
- General Motors Recalls 100K Cadillac SRX SUVs in China
Mon, 29 Sep 2014 14:15:03 -0700
General Motors Co. (GM) recently announced a recall covering more than 100,000 Cadillac SRX sport utility vehicles in China.
Auto Dealers News - View All
- Warren Buffett gets into auto dealers in big way
Thu, 02 Oct 2014 05:24:19 -0700
Billionaire investor Warren Buffett announces on CNBC that he's buying Van Tuyl Group, the nation's largest privately held car dealership chain.
- It Looks Like Warren Buffett Is About To Become A Major Player In Auto Dealerships
Thu, 02 Oct 2014 05:11:00 -0700
Warren Buffett was on CNBC on Thursday morning...
- Tesla Breaks the Auto Dealer Cartel
Tue, 16 Sep 2014 15:51:00 -0700
It was not entirely surprising that Nevada last week ponied up $1.3 billion in tax breaks to win the business of Tesla Motors. State officials for decades have struggled to diversify an economy based on gambling and tourism, and the prestige of attracting the high-end electric-car company's massive new lithium battery factory was too great to resist. As Nevada lawmakers celebrated luring ...
- Buffett's Berkshire Hathaway buys auto dealer
Thu, 02 Oct 2014 06:48:50 -0700
OMAHA, Neb. (AP) — Warren Buffett is getting into the automobile sales business.
- Georgia Dealerships Attack Tesla's Direct Sales Model
Thu, 04 Sep 2014 11:58:00 -0700
Georgia is the latest state to attack the electric car company for selling cars directly to customers instead of through auto dealerships.
Minority Dealers News - View All
- Rainbow PUSH Global Automotive Summit To Focus On Ethnic Inclusion
Fri, 19 Sep 2014 07:00:00 -0700
DETROIT, Sept. 19, 2014 /PRNewswire-USNewswire/ -- The Rainbow PUSH Automotive Project, an initiative of the Citizenship Education Fund, proudly announces its lineup of speakers for the 15th Annual Rainbow PUSH Global Automotive Summit. This year's theme is: "Driving Ethnic Inclusion in the Global Automotive Expansion." The Summit will be held Monday, Oct. 13, at the MGM Grand Detroit Meeting ...
- Lawmakers poised to review $1.3B Tesla package
Tue, 09 Sep 2014 21:56:24 -0700
Gov. Brian Sandoval was poised to call state lawmakers into a special session Wednesday to consider an extraordinary package of tax breaks and incentives worth up to $1.3 billion to seal a deal with Tesla ...
- Canada's judges fear they could be in the crosshairs when Tories drop election writ
Fri, 26 Sep 2014 12:55:29 -0700
With a federal election no more than a year away, the Canadian judiciary could find itself a target as Prime Minister Stephen Harper’s Conservatives campaign for a fourth term in power.
- Celcom’s Ebitda slips to RM846m in Q2
Wed, 10 Sep 2014 02:17:34 -0700
KUALA LUMPUR: Celcom Axiata Bhd's earnings before interest, tax, depreciation and amortisation (EBITDA) slipped to RM846 million in the second quarter (Q2) ended June 30, 2014 from RM896 million in the same quarter last year. Celcom in a statement today said data revenue, which is the telco's fastest growing segment, saw a double-digit growth of 10 per cent from the previous quarter. It said ...
- Nevada lawmakers gather in anticipation of special session to consider $1.3B package for Tesla
Tue, 09 Sep 2014 21:14:53 -0700
RENO, Nev. - Gov. Brian Sandoval was poised to call state lawmakers into a special session Wednesday to consider an extraordinary package of tax breaks and incentives worth up to $1.3 billion to seal a ...
Auto Sales News - View All
- Canadian vehicle sales drive toward record year
Wed, 01 Oct 2014 14:36:41 -0700
TORONTO (Reuters) - Auto sales in Canada looked headed toward a record year on Wednesday after a number of automakers broke September sales records. September marked the first time the Canadian market has operated at a seasonally adjusted annual rate of 2 million sales, according to a report from DesRosiers Automotive Consultants. The report added that the Detroit Three automakers also took back ...
- September U.S. car sales show industry's torrid pace slowing
Wed, 01 Oct 2014 11:08:32 -0700
By Bernie Woodall and Paul Lienert DETROIT (Reuters) - U.S. auto sales in the third quarter were the best in eight years, but mixed September results from leading automakers on Wednesday indicated the industry's torrid summer pace is slowing. General Motors Co, Fiat SpA's Chrysler Group, Toyota Motor Corp, Honda Motor Co, Nissan Motor Co and Hyundai Motor Co all reported year-to-year sales gains ...
- Truck deals boost US auto sales in September
Wed, 01 Oct 2014 13:57:31 -0700
Big discounts on pickup trucks kept U.S. auto sales strong in September. General Motors Co. and Chrysler Group led the industry with 19-percent sales increases over last September. Toyota sales rose 2 ...
- Ford, GM and Chrysler see car and truck sales rev up in September
Wed, 01 Oct 2014 13:45:53 -0700
TORONTO - Canadians keen on new trucks helped drive auto sales up 12.6 per cent in September compared with a year ago, according to sales data compiled by DesRosiers Automotive Consultants Inc.
- Canadian auto sales on track for record year
Wed, 01 Oct 2014 13:15:24 -0700
Ford Motors says it continues its reign as Canada's top-selling automaker but GM Canada is experiencing a turnaround with a 34 per cent jump in sales since last year in September. On Wednesday, Chrysler Canada also reported a 20 per cent increase to 23,742 vehicles sold in September. The big three North American automakers say they are headed for a record year in 2014 in Canada and the U.S.
General Motors Dealers News - View All
- General Motors Recalls 3,200 Vans on Gas Leak Concerns
Fri, 19 Sep 2014 09:30:02 -0700
General Motors Co. (GM) recently announced a recall of 3,200 vans which run on natural gas.
- GM wins dismissal of lawsuit over its IPO
Fri, 05 Sep 2014 09:25:18 -0700
By Jonathan Stempel NEW YORK (Reuters) - General Motors Co has won dismissal of a shareholder lawsuit accusing it of padding sales around the time of its November 2010 initial public offering by quietly unloading vehicle inventory on its dealers. District Judge Laura Taylor Swain in Manhattan said the automaker disclosed in its IPO offering materials "all of the information necessary" about ...
- GM reins in sale of Chevrolet Corvettes due to issues
Fri, 12 Sep 2014 06:37:54 -0700
DETROIT (Reuters) - Auto dealers were told to stop selling the 2015 Chevrolet Corvette and shipments were delayed from the General Motors plant that makes the hot-selling sports car while the company addresses two issues, GM said Friday. A public recall of the car wasn't issued, said GM, which didn't say if a recall later would be necessary. The company didn't say how many cars affected by these ...
- GM went to great lengths to keep dealers informed, dealer lawsuit trial told
Wed, 10 Sep 2014 15:24:51 -0700
General Motors of Canada went to extraordinary lengths to keep its dealers informed about its restructuring plans in the aftermath of the financial crisis, a lawyer for the automaker told a Toronto courtroom Wednesday. GM lawyer Kent Thomson, in his opening remarks, said it was widely known through briefings, media coverage and meetings that GM's original restructuring plan had been rejected in ...
- General Motors to hire 750 workers at Missouri plant; expects strong sales of new small trucks
Tue, 16 Sep 2014 11:14:13 -0700
DETROIT - Early demand is so high for General Motors' new small pickup trucks that the company is hiring more workers to build them even before one is sold to the public.