General Motors
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General Motors has confirmed it’s in talks with PSA Group over a number of strategic issues, one of which is the sale of its European subsidiary Opel. PSA controls French brands Citroën, DS and Peugeot and is partially owned by the French government and state-owned Chinese automaker Dongfeng. GM and PSA have collaborated on a number of projects since 2012 and at one point were close to forming an alliance. The two have also shared manufacturing facilities and technologies, including whole vehicle platforms. Citing a source familiar with the matter, Bloomberg reports that GM is...
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GM, Honda form joint venture for mass production of fuel cells
General Motors and Honda on Tuesday announced plans to produce a next-generation hydrogen fuel cell system together starting around 2020. The two automakers are making equal investments totaling $85 million in the joint venture, labeled Fuel Cell System Manufacturing, and will use the resulting...
Viknesh Vijayenthiran -
Toyota Remains World’s Biggest Automaker With 10.15 Million Sales In 2015
Toyota ended 2015 with 10.15 million sales, retaining its status as the world's biggest automaker for the fourth year in a row. The final tally was down slightly on the 10.23 million sales Toyota made in 2014, though it was enough to edge out top contenders Volkswagen and General Motors Company...
Viknesh Vijayenthiran -
GM to develop on-demand autonomous car service with Lyft
General Motors Company [NYSE:GM] today announced it is entering a long-term strategic alliance with Uber-rival Lyft to create an on-demand ride-sharing service that will rely on a fleet of autonomous cars. GM will supply the vehicles and autonomous technology while Lyft will provide its growing...
Viknesh Vijayenthiran -
GM Outlines Areas Of Focus For The Future
General Motors Company [NYSE:GM] will make emerging personal mobility technology an integral part of its future strategy. CEO Mary Barra and GM Executive Vice President of Global Product Development, Global Purchasing and Supply Chain Mark Reuss delivered the outline of the company's plan to...
John Coyle -
General Motors Will Pay $900M Criminal Fine Over Bad Ignition Switches
The Detroit News is reporting that General Motors Company will pay a $900 million criminal fine over the defective ignition switches that led to 124 deaths and 275 injuries. The fine reflects that the company continued to use the switches for more than a decade, even though it knew about their...
John Coyle -
The large automotive entity known as Fiat Chrysler Automobiles [NYSE:FCAU] has been in the news as of late, and it's not because of Hellcat goodness. Okay, there's actually still a bit of Hellcat-related news out there thanks to the upcoming Jeep Grand Cherokee Trackhawk. This isn't the main reason why FCA has been making headlines, though. CEO Sergio Marchionne has been putting it out there that he'd like to see a massive merger between his company and General Motors Company [NYSE:GM]. According to Automotive News (subscription required), Marchionne has said that he's crunched the numbers...
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GM Opens Active Safety Testing Area At Milford Proving Grounds
When when think about the General Motors Company's [NYSE:GM] Milford Proving Grounds, we tend to imagine barely sub-sonic laps of the "Lutz Ring," or other kinds of high-performance testing. But of course, plenty of other activity takes place at the historic facility. ALSO SEE: Updated A3 Expected...
John Coyle -
GM Celebrates 500-Million Vehicle Milestone: Video
General Motors Company [NYSE:GM] is celebrating the manufacture of the 500 millionth vehicle to wear one of its brands, by thanking its customers past and present via small gifts such as free auto show tickets and exclusive owner events right up to whole cars. Of course, the vast majority of those...
Viknesh Vijayenthiran -
Toyota Edges Out VW And GM To Remain World’s Biggest Automaker In 2014
Toyota has announced it sold 10.23 million vehicles in 2014, a 2.5 percent gain on the 9.98 million it sold the previous year and the first 10-million-plus annual sales figure for the Japanese giant. Importantly, Toyota’s tally, which includes sales from the Scion, Lexus, Daihatsu and Hino...
Viknesh Vijayenthiran -
GM aims to have just 4 platforms by 2025
General Motors Company [NYSE:GM] currently uses 26 platforms for its variety of vehicles sold all over the globe, but under the leadership of new CEO Mary Barra the American auto giant could see the number of core platforms reduced to just four by 2025. We say core platforms as specialty vehicles...
Viknesh Vijayenthiran -
India Fines Carmakers For Violating Anti-Trust Laws
Indian regulators accuse carmakers of overcharging for spare parts.
Stephen Edelstein -
The Chevrolet Corvette Stingray gets a few updates for its second model year.
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GM Begins Work On New Performance And Racing Center
Moving race engineering to a new location will help centralize GM's development efforts.
Stephen Edelstein -
GM Sales Rise 4 Percent In 2013 To 9.7 Million Vehicles
General Motors has confirmed it sold 9,714,652 vehicles in 2013, a rise of 4 percent on the 9.29 million it sold the previous year. That puts it about equal with the Volkswagen Group, although the German auto giant hasn’t revealed an exact figure for its own sales, stating only that it sold...
Viknesh Vijayenthiran -
GM Sells Stake In PSA Peugeot Citroën, Gives Update On Alliance
Despite its significant restructuring moves of the past week, General Motors remains committed to its alliance with France’s PSA Peugeot Citroën and plans to expand somewhat on the original deal. The alliance primarily concerns models destined to be sold outside the U.S., though some...
Viknesh Vijayenthiran -
2015 Chevrolet Corvette Z06 LT4 Supercharged V-8 Spied
Could this be the engine that powers the next Corvette Z06?
Stephen Edelstein -
2014 Buick Regal Gets Standard Turbo, Better Fuel Economy
Just as it did in the 1980s, Buick is using turbocharging to make the Regal better.
Stephen Edelstein -
Fiat is now the sole owner of diesel engine supplier VM Motori after it acquired a remaining 50 percent stake in the fellow Italian firm from General Motors. VM Motori supplies diesel engines for vehicles like the Jeep Grand Cherokee EcoDiesel, Ram 1500 EcoDiesel and previously some Cadillac models sold overseas. General Motors Company [NYSE:GM] bought its stake in VM Motori back in 2007 in order to develop some new diesel engines. According to Automotive News (subscription required), GM has now sold the stake to Fiat for 34.1 million euros ($47.1 million). In addition to sourcing its diesel...
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GM Integrates Russian Operations With European Unit In Boon To Opel
Opel has been thrown a lifeline in the form of greater access to the growing Russian car market, with parent company General Motors integrating its Russian operations with its European unit, which is headed by Dr. Karl-Thomas Neumann, who also happens to be CEO of Opel. Currently, the Russian...
Viknesh Vijayenthiran -
GM To Return To Super Bowl Advertising In 2014
Ads from General Motors were noticeably absent from the Super Bowl this year, although the American auto giant was not completely invisible, as its 2014 Chevrolet Corvette Stingray was awarded to the game’s MVP, quarterback Joe Flacco, who was decisive in the Ravens win over the 49ers...
Viknesh Vijayenthiran -
GM Forms Dedicated China Unit, Hires Ex-Volvo CEO To Lead International Operations
The past week has seen a number of major shakeups within the General Motors empire, with most of the changes aimed at improving the automaker’s international standing. The biggest surprise was General Motors Company’s [NYSE:GM] decision to hire former Volvo CEO Stefan Jacoby as its new...
Viknesh Vijayenthiran -
GM And Honda The Latest To Partner On Fuel Cell Development
Despite fuel cell technology’s lack of traction in the auto industry, most major automakers are committed to furthering the technology and eventually selling a car powered by the advanced propulsion system. The main reason given is that the car of tomorrow could be one of several main types...
Viknesh Vijayenthiran -
Control Of PSA Peugeot Citroën May Be Handed Over To GM: Report
PSA Peugeot Citroën, led by the Peugeot family, may see control ceded to General Motors, according to the latest reports. The struggling French automaker has been crippled by shrinking sales in its home market of Europe, a problem compounded by its lack of exports. Citing inside sources...
Viknesh Vijayenthiran