All Posts Tagged With: "General Motors"
General Motors (NYSE: GM) Announces $750,000 Donation to Tsunami, Earthquake Victims
General Motors (NYSE: GM) has announced their donation to the Japanese tsunami and earthquake victims. The GM Foundation has funded an immediate donation of $500,000 to the American Red Cross relief efforts in Japan. $250,000 had been initially sent after the earthquake shook the country on March 11. General Motors has also established a website [...]
Obama Expected to Miss Electric Car Goal Despite GM (NYSE: GM) Efforts
President Obama set a goal of putting 1 million plug-in electric cars on the road by the year 2015. But according to new reports, that goal may not be achieved. The auto industry is said to be unlikely to produce as many electric cars as needed within the next four years. While auto manufacturers like [...]
General Motors Plans to Add 600 New Michigan Jobs
General Motors has announced its plan to invest $190 million in its assembly plant in Michigan. The move will create 600 new jobs and add a second shift to the plant operations. The Lansing Grand River assembly plant will be the location the company will build the new Cadillac model. The assembly plant already produces [...]
Ford (NYSE: F), GM Closing the Quality Gap Among Automakers
Despite the massive recalls, Toyota (NYSE: TM) and Honda are still listed as the most trouble-free cars by Consumer Reports. But new polls show that Ford and General Motors are coming in very close. Ford and GM are proving their concern on quality over the last few years resulting in better vehicles and fewer brands [...]
General Motors Co. Funding a European Overhaul Without European Government Aid
General Motors, majority-owned by the U.S. government, gave up it’s efforts to obtain European government aid. Aid applications were initiated by GM more than six months ago. The aid, totaling $2.2 billion (1.8 billion euro) was being sought for restructuring Vauxhall and Opel operations. GM said their finances have improved and they will be able [...]
General Motors (NYSE: GM) Accused of Misleading Public
There are some lawmakers who are pointing the finger at General Motors (NYSE: GM), accusing the company of misleading the public through ads claiming they have repaid the government bailout funds in full. The ads have been running on the major networks and state the company has paid back its $6.7 billion US Government loan. [...]
Ford (NYSE: F) and Microsoft (NYSE: AAPL) Working Together to Manage Energy Use for Electric-Car Charging
A deal has been signed between Ford Motor Co (NYSE: F) and Microsoft Corporation (NYSE: AAPL) where the companies will work together creating a computerized link between homes, utility companies and electric cars to manage energy usage. The collaboration was announced at the New York International Auto Show on Wednesday and said it would be [...]
General Motors Positioned to Make a Come back
During the majority of the 20th century, General Motors was one of the automobile industry’s biggest companies. General Motors was the largest car maker in the world between 1931 and 2008 (surpassed by Toyota in 2008). By fall of 2008, General Motors was begging the government for it’s share of the bailout to stay afload [...]
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