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General Motors News -  View All

  • General Motors beats a retreat out of Russia
    Wed, 18 Mar 2015 07:35:58 -0700
    MOSCOW (AP) — General Motors will slash production in Russia and pull its mass-market Opel brand completely in the face of plummeting sales in the economically troubled country.

  • GM ignition switch death toll increases to 74
    Mon, 23 Mar 2015 08:35:48 -0700
    (Reuters) - General Motors Co has seven more claims eligible for compensation for deaths due to accidents caused by faulty ignition switches, taking the total to 74, according to the official administering the company's compensation program.

  • General Motors' Opel unit says to withdraw from Russian market
    Wed, 18 Mar 2015 06:31:00 -0700
    Opel, the European arm of US auto giant General Motors, announced Wednesday it will withdraw from the Russian market, where its sales are falling, and will close its factory in St. Petersburg. "We've come to the assessment that the perspective for the Russian market isn't good, not only in the short term, but in the medium and long term as well," Opel chief executive Karl-Thomas Neumann told the ...

  • US auto labor cost study shows impact of two-tier wage system
    Mon, 23 Mar 2015 14:30:47 -0700
    DETROIT (Reuters) - General Motors Co and Ford Motor Co have much higher labor costs than their cross-town rival Fiat Chrysler, according to a new study released just ahead of a meeting of United Auto Workers officials as they prepare for contract talks with the Detroit Three.


Auto Dealers News -  View All

  • Italian-made version of iconic Jeep goes on sale in US
    Mon, 23 Mar 2015 20:13:54 -0700
    US off-roaders seeking to rev up the four-wheel drive of a Jeep might soon find out that their American icon is made in Italy. In a sign of what comes with the takeover of Chrysler by Italian giant Fiat, US auto dealers have begun selling the Italian-made Jeep Renegade. The new Renegade, a small 4x4 SUV, was shipped to dealers last week, according to Todd Goyer, US spokesman of Fiat Chrysler ...

  • LTO warns auto dealers on misinformation about license plate shortage
    Thu, 19 Mar 2015 11:42:49 -0700
    The Land Transportation Office (LTO) has warned motor vehicle dealers against misinforming clients on the real status of their license plate applications, saying the Land Transportation Office (LTO) will soon name delinquent dealers who portray shortage in license plates supply. Department of Transportation and Communications (DOTC) Secretary Joseph Emilio Abaya made the warning as the LTO ...

  • Car Sales Are on Pace to Do Something They Haven’t in 50 Years
    Thu, 26 Mar 2015 10:14:00 -0700
    In another sign of the strength of the economic rebound that’s pushing the Federal Reserve to move toward raising interest rates later this year, U.S. auto sales are expected to increase for the sixth straight year in 2015 — the first such streak in more than 50 years. Car-buying service TrueCar expects that 17 million new vehicles will be sold this year. The estimate is in line with forecasts ...


Minority Dealers News -  View All

  • After beef ban, Hindu groups force Indian abattoirs to close
    Wed, 04 Mar 2015 02:49:06 -0800
    By Meenakshi Sharma MUMBAI (Reuters) - Members of a Hindu nationalist group have forced several abattoirs in the Indian state of Maharashtra to shut after a law was passed banning the beef trade there, a leader of the group and a lawyer for meat traders said on Wednesday.The Vishwa Hindu Parishad, or World Hindu Council, a nationalist group linked to Prime Minister Narendra Modi's ruling party ...

  • After beef ban, Hindu groups force abattoirs to close
    Wed, 04 Mar 2015 03:05:12 -0800
    By Meenakshi Sharma MUMBAI (Reuters) - Members of a Hindu nationalist group have forced several abattoirs in Maharashtra to shut after a law was passed banning the beef trade there, a leader of the group and a lawyer for meat traders said on Wednesday. The Vishwa Hindu Parishad, or World Hindu Council, a nationalist group linked to Prime Minister Narendra Modi's ruling party, acted after winning ...

  • NCP's policy on Land Acquisition Bill in accordance with opposition's stand: Majid Memon
    Mon, 16 Mar 2015 21:59:40 -0700
    New Delhi, Mar. 17 (ANI): Nationalist Congress Party (NCP) leader Majid Memon on Tuesday said that his organisation's policy on the Land Acquisition Bill is along the lines of the stand taken by other opposition parties, adding that the ordinance contains certain provisions which are not to their agreement. "The Land Acquisition Bill contains certain provisions to which even our NCP does not ...

  • Once Upon a Time in Punchbowl
    Fri, 27 Feb 2015 11:42:57 -0800
    The untold story of how the Lebanese community overcame the odds and found their place in multicultural Australia.


Auto Sales News -  View All

  • Car Sales Are on Pace to Do Something They Haven’t in 50 Years
    Thu, 26 Mar 2015 10:14:00 -0700
    In another sign of the strength of the economic rebound that’s pushing the Federal Reserve to move toward raising interest rates later this year, U.S. auto sales are expected to increase for the sixth straight year in 2015 — the first such streak in more than 50 years. Car-buying service TrueCar expects that 17 million new vehicles will be sold this year. The estimate is in line with forecasts ...

  • China auto sales edge down in February
    Tue, 10 Mar 2015 22:22:54 -0700
    China's auto sales edged down to 1.59 million vehicles in February, according to an industry group, as a week-long holiday for the Lunar New Year affected business. Sales in the world's largest auto market slipped 0.2 percent from the same month last year, the China Association of Automobile Manufacturers (CAAM) said Tuesday. In the first two months of this year, auto sales jumped 4.3 percent ...

  • US auto sales up in February despite snowy weather
    Tue, 03 Mar 2015 09:08:27 -0800
    Freezing temperatures and drifts of snow took a small bite out of U.S. auto sales in February, but most automakers still reported gains thanks to the strong economy. Toyota led major automakers with a ...

  • Weather chills US auto sales in February
    Tue, 03 Mar 2015 13:15:27 -0800
    Harsh winter storms chilled US auto sales in February, with Ford especially taking a hit with a surprise 1.9 percent fall while Toyota grabbed the number-two spot after GM. Overall, automakers' figures showed more steady growth in the industry, with low gasoline prices continuing to enhance shopping for pickup trucks and especially small and mid-sized sport utility vehicles. Total sales came in ...


General Motors Dealers News -  View All

  • Chevrolet ordered to pay French dealers nearly 8 mn euros
    Mon, 23 Mar 2015 14:57:50 -0700
    Carmaker Chevrolet was ordered to pay its French dealers nearly eight million euros ($8.5 million) in compensation by a Paris court Monday for the "brutal" withdrawal of its brand from Europe. Seventeen dealers had sued the company, part of the US General Motors giant, for not respecting a notice period it was obliged to give them after GM announced in December 2013 that it was withdrawing ...

  • Exclusive: GM capital plan may delay credit rating upgrade
    Wed, 11 Mar 2015 13:09:08 -0700
    General Motors Co’s decision this week to give back up to $10 billion to shareholders over the next two years will likely delay one of its important goals: achieving a top-tier credit rating that would benefit its growing auto finance unit. The No. 1 U.S. automaker has been building its GM Financial unit through acquisitions and more aggressive marketing to dealers. Reaching a single A credit ...

  • GM recalls about 64,000 Chevrolet Volt hybrids: Automotive News
    Thu, 12 Mar 2015 14:16:12 -0700
    (Reuters) - General Motors Co is recalling about 64,000 Chevrolet Volt hybrid electric cars for a software update to prevent carbon monoxide buildup when a driver forgets to shut off the vehicle, Automotive News reported on Thursday, citing a statement from the company. GM is aware of two injuries related to the issue, Automotive News said. The company is recalling cars from the 2011-2013 model ...