General Motors Posts

General Motors Company (GM) files a motion in bankruptcy court for protection

GM Logo
General Motors Company (NYSE:GM) has filed a motion in the U.S. bankruptcy court asking for a judge to protect the auto giant from legal claims for actions that took place before it stepped out of bankruptcy in 2009. The motion was filed late on Monday in the Bankruptcy Court for the Southern District of New York.

Continue reading →

General Motors Company (GM) is increasing production capacity in China to 5 million

GM Logo
General Motors Company (NYSE:GM) president Dan Ammann said today that the company and its local partners are boosting production capacity for GM vehicles in China to 5 million.

Continue reading →

General Motors Company increases recall charge to $1.3 billion

GM Logo
General Motors Company (NYSE:GM) has announced that it is expecting to take a $1.3 billion charge in the first quarter related to the ignition-switch recall. The recall addresses an issue where some drivers’ keys could fall out of the ignitions while the car is on.

Continue reading →

General Motors Company (GM) reportedly planning to launch cheaper Chevy Volt

GM Logo
General Motors Company (NYSE:GM) is planning on launching a cheaper version of the Volt hybrid vehicle with a smaller battery pack and shorter driving range. A smaller version of the next generation Volt, according to Automobilwoche.

Continue reading →

General Motors Company (GM) to invest $450M in Detroit plant for 2016 Chevy Volt

GM Logo
General Motors Company (NYSE:GM) has announced that it is expected to update its Detroit-Hamtramck assembly plant by spending $450 million and adding 1,400 new jobs. The car in this case is the updated or redesigned Chevrolet Volt range-extended electric car, which will launch for the model year 2016, according to the Detroit News. The Detroit News cited four sources that are familiar with GM’s plan.

Continue reading →

General Motors has filed 200,000 pages of documents in regards to recall

GM Logo
General Motors Company has submitted answers to U.S. safety regulators that were sought from the company about a defective ignition switch that was connected to at least 13 deaths.

Continue reading →

General Motors Company (GM) recalls almost 7 million vehicles

GM Logo
General Motors Company (NYSE:GM) has recalled almost 7 million vehicles this year so far. This is almost as many cars and trucks as it recalled in the U.S. over the last four years combined. 

Continue reading →

Congress says GM failed to fix the defect twice

GM Logo
General Motors had discussed two separate fixes for an ignition switch defect in 2005, but both of them were cancelled without taking action, according to a memo that was released by the House subcommittee on Sunday.
Continue reading →