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General Motors News -  View All

  • General Motors President Dan Ammann Kicks Off 2014 United Way Community Giving Campaign
    Thu, 18 Sep 2014 07:00:00 -0700
    DETROIT, Sept. 18, 2014 /PRNewswire-USNewswire/ -- Dan Ammann, United Way for Southeastern Michigan's Campaign Chair and President of General Motors, will light the United Way Torch in Hart Plaza to kick-off the fall 2014 Community Giving campaign, "Because of You."  The campaign theme "Because of You" honors the collaboration of people from all industries and walks of life who are working ...

Auto Dealers News -  View All

  • 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 ...

  • 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 ...

Minority Dealers News -  View All

  • 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 ...

  • 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 ...

  • Call to end stop and search 'abuse'
    Tue, 26 Aug 2014 00:24:29 -0700
    Stop and search powers should be scrapped entirely after 40 years of alienation, a campaigner has claimed, despite moves by the Home Secretary and police forces to increase transparency.

Auto Sales News -  View All

  • China's auto sales slow in August
    Thu, 11 Sep 2014 02:33:18 -0700
    BEIJING (AP) — China's auto sales growth decelerated further in August to 8.5 percent while sales of SUVs surged by nearly a third.

  • Canadian August auto sales set all-time record
    Wed, 03 Sep 2014 14:49:58 -0700
    Strong demand in Ontario and parts of western Canada drove industry sales of 171,560 new vehicles in the month of August, up from 159,004 a year ago, said Dennis DesRosiers of DesRosiers Automotive Consultants. A 14 percent jump in truck sales offset essentially flat car sales. Canada's "hot" auto market has set five monthly sales records this year, DesRosiers said in a report, with year-to-date ...

  • Strong factory orders, auto sales brighten U.S. economic picture
    Wed, 03 Sep 2014 13:58:55 -0700
    Another report on Wednesday from the Federal Reserve showed manufacturing expanding across a broad base of sectors and auto sales hitting "high levels" in recent weeks. Separately, industry research firm Autodata Corp said auto sales rose to a seasonally adjusted annual rate of 17.53 million units in August, the highest level since January 2006 and above Wall Street's expectations of a 16.6 ...

General Motors Dealers News -  View All

  • GM recalling natural gas-powered vans due to possible leak
    Thu, 18 Sep 2014 07:26:05 -0700
    DETROIT (Reuters) - General Motors Co will recall about 3,200 vans powered by natural gas because of the possibility of a gas leak that increases the risk of a fire, the automaker said on Thursday. GM said it knows of no fires, crashes or injuries related to this issue. The alternative to conventional gasoline vans is the 2011 to 2014 model year Chevrolet Express and GMC Savana. There are 3,196 ...

  • 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 ...

  • 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 to boost output of mid-sized pickups in U.S., add jobs
    Tue, 16 Sep 2014 09:04:35 -0700
    DETROIT (Reuters) - General Motors Co will add a third shift and 750 jobs at its Missouri assembly plant to build more of its new mid-sized pickup trucks, the No. 1 U.S. automaker said on Tuesday. With early orders for the Chevrolet Colorado and GMC Canyon at nearly 30,000, GM decided to add the third shift at the Wentzville plant to meet expected demand. The additional shift at the plant, which ...