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General Motors' Chevrolet Volt plug-in hybrid car topped Consumer Reports' annual owner-satisfaction survey for the second straight year. Ninety-two percent of Volt owners surveyed said they would definitely buy the Volt again.
Dutch sportscar maker Spyker said on Wednesday that General Motors has been served with the complaint that Spyker filed against it earlier this week and that GM is due to respond by August 28.
General Motors said Thursday that its second-quarter profit fell 41 percent as losses in Europe and South America cut into strong North American earnings.
That sound you heard from Detroit this morning was the other shoe dropping, loudly, at Opel. General Motors announced that Karl-Friedrich Stracke stepped down from his positions as GM Europe president Opel/Vauxhall CEO.
General Motors will halt production of the Chevrolet Volt.The automaker has told 1,300 workers at its Detroit Hamtramck plant that they will be out of work for about five weeks.
After three years of settling for second place, General Motors reclaimed its title as the world’s largest automaker in 2011, a year when its sales grew in every region of the globe while Toyota sales were hampered by major natural disasters.
Senh: What a turnaround for the U.S. auto industry. It's one bright spot for the government bailouts. I'm sure the recalls from Japanese automakers and the subsequent production disruption caused by the tsunami helped.
General Motors and the United Auto Workers union are in the "final stage" of negotiations on a new labor contract and a deal could be struck as soon as Friday.