Legoland California staff pranks their Volvo-driving general manager

Filed under: Etc., Videos, Hatchback, Volvo, Humor

Full-size Lego Volvo XC90 prank – Click above…

General Motors introduces a Chevy Sonic to a wall

Filed under: Safety, Videos, Hatchback, Chevrolet, GM

Allow us a moment to revisit a video game classic… Sonic, boom! Our Guile moment is inspired by General Motors, which has released video of the compact Chevrolet Sonic undergoing crash testing….

General Motors issues second quarter dividend on preferred stock

Filed under: GM, Earnings/Financials

There are two main categories of General Motors stock; common and preferred. The preferred stock costs more, but that added price tag comes with a few extra perks. For example, preferred stock represents ownership in the company, and those shares receive priority over…

Video: Inside Line pits 2011 Charger R/T against the General Lee, classic still cooler

Filed under: Coupe, Sedan, Videos, Chrysler, Dodge

Charger versus Charger – Click above to watch video after the jump

When the folks at Inside…

General Motors reports earnings of $4.7B in 2010, first yearly profit since 2004

Filed under: GM, Earnings/Financials

General Motors has officially announced earnings for its first full year of business after its emergence from bankruptcy. The automaker brought in $135.6 billion in revenue with a net income of $4.7 billion, which marks GM’s first profit since 2004. Additionally, that profit was…

General Motors withdraws $14.4B federal loan request

Filed under: Government/Legal, Plants/Manufacturing, GM

Earlier today, General Motors announced that it is withdrawing its request for $14.4 billion in direct loans from the Department of Energy’s (DOE) $25-billion program aimed at retooling factories for the production of fuel-efficient vehicles. GM’s chief financial officer Chris…

General Motors closes historic Willow Run plant

Filed under: Hirings/Firings/Layoffs, Plants/Manufacturing, GM

General Motors’ enormous Willow Run plant built B24 Liberators that helped win World War II, but after 68 years, the historic facility has hit the end of its run. Willow Run built its last automatic transmission on December 15th. The site was originally set up by Henry…

General Motors investing $40 million to offset 2011 carbon footprint [w/video]

Filed under: Technology, Videos, GM

General Motors invests in green solutions – Click above to watch video after the jump

General Motors is planning to invest $40 million in a host of clean energy efforts in an attempt to offset around 8 million metric tons of carbon dioxide. The…

General Motors announces Q3 profit of $1.96 billion ahead of IPO

Filed under: GM, Earnings/Financials

General Motors posted its last financial report before the company’s initial public offering of stock next week. In it, the company reported that in the third quarter of 2010, it earned a net income of $1.96 billion on a total of $34.06 billion in revenue. That puts the automaker’s…

Report: General Motors eligible for a tax break of up to $45B

Filed under: GM, Earnings/Financials

They say that only certain things in life are death and taxes. General Motors already escaped one of the two, and now it’s getting a big break on the other – as part of GM’s restructuring plan, it’s eligible for up to $45 billion in tax breaks. Under the…