On February 22, 2011, a 6.3 richter earthquake leveled much of the area in and around Christchurch, New Zealand, leaving much of its residents without homes, and homeowners fortunate enough not to have their places reduced to rubble were left without running water, let alone working toilets or showers.
Thankfully the General Motors Foundation through Holden stepped up and donated $200,000 to the earthquake relief efforts in Christchurch, New Zealand. The GM Foundation has helped with past earthquake-recovery efforts in Hati, as well as flood relief in Queensland, Australia, Tennessee, and Kentucky. Continue for the press release.

According to a report from LeftLane News, General Motors has nailed a deal to export $500 million dollars worth of vehicles and $400 million worth of parts to China for the company’s record-setting joint-venture, Shanghai-General Motors.
Ah, China.
Source: LeftLane

A sale that has been negotiated since January is finally coming to a close. Starting tomorrow, Nov. 30th – General Motors will transfer all ownership of Nexteer to Pacific Century Motors. Continue reading for the presser.
GM Ventures, General Motor’s Venture Capital subsidiary, has announced a $4.2 million investment in Sakti3, Inc. – an Ann Arbor-based developer of next-generation lithium-ion batteries. Continue reading.
GM has invested in Bright Automotive, an Indiana startup that will build plug-in hybrid vans. GM Ventures, The General’s newly-created venture capital arm, will give Bright Automotive $5 million that will be used to begin production of their IDEA delivery van. In return, GM gets a minority stake in Bright. Continue reading.
