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General Motors introduces a Chevy Sonic to a wall
Published on 30 Aug, 2011 at 10:18 in GM Cars | | No Comments
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
Published on 20 Mar, 2011 at 10:26 in GM Cars | | No Comments
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…
General Motors reports earnings of $4.7B in 2010, first yearly profit since 2004
Published on 25 Feb, 2011 at 22:26 in GM Cars | | No Comments
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
Published on 28 Jan, 2011 at 10:26 in GM Cars | | No Comments
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
Published on 29 Dec, 2010 at 10:26 in GM Cars | | No Comments
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]
Published on 20 Nov, 2010 at 10:26 in GM Cars | | No Comments
![General Motors investing $40 million to offset 2011 carbon footprint [w/video]](http://5175.voxcdn.com/wp-content/themes/comfy-3.1/thumbopen.php?src=http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2010%2F11%2Fgm-wind-farm-630.jpg&w=150&h=100&zc=1&a=t&q=100 "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 jumpGeneral 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
Published on 11 Nov, 2010 at 10:26 in GM Cars | | No Comments
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: China’s SAIC Motors will buy shares of GM IPO
Published on 9 Nov, 2010 at 22:38 in GM Cars | | No Comments
Filed under: China, GM, Earnings/Financials
While General Motors may be jetting around the globe in an attempt to woo investors, one company has made it clear it wants to snap up plenty of GM stock once The General goes public. Chinese manufacturer…
Report: General Motors eligible for a tax break of up to $45B
Published on 6 Nov, 2010 at 22:26 in GM Cars | | No Comments
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…
Poll: Did General Motors lie about the Chevrolet Volt?
Published on 12 Oct, 2010 at 10:26 in GM Cars | | No Comments
Filed under: Hybrid, Sedan, Technology, Chevrolet, GM, Electric
2011 Chevrolet Volt – Click above for high-res image galleryFor the past three years, General Motors has consistently described the 2011 Chevrolet Volt as a pure electric vehicle with a range-extending on-board gas engine/generator. Today we…
