If the decision were to be made official, chances are that it will be part of the $2 billion master plan that CEO Dan Akerson announced only recently.
It should be noted that General Motors will not be posting new job openings at the plants until the arrangements are made official.
C7 C7 C7 C7 C7 C7 C7.
Will we learn more about the Corvette C7 tomorrow morning?
The latest plant to get a makeover is the GM Components Holdings Rochester Operations plant in Rochester, N.Y. where the company is pooling $100 million and adding 30 jobs to the plant in order to make future vehicle components.
Like the previous sale of Ally Financial, the profits will be divided between quarters, with $1.6 billion set to be recorded for the results of the first quarter of 2011.
No, it’s not for building cars for the United States market.
Having proposed a lower tax rate on imported components, the Russian government is hard at work trying to persuade major foreign automakers to boost Russian production.
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During the Meeting the Clean Fuels Challenge in Houston, TX last week, General Motors managed to walk away with the Energy and Environmental Excellence Award from Hart Energy Publishing for[…]
The Opel/Vauxhall Combo van has been long due for an overhaul. Based on the previous generation Corsa, the Combo has been seeing a sales drop due to being overshadowed by[…]
General Motors has announced that it will invest $163.2 million in its engine manufacturing operations in Flint and Bay City, Michigan, as well as in Defiance, Ohio.
“Marking the new start in Europe, Cadillac presents a portfolio of model year 2011 vehicles.” That’s the opening line of a press release from Cadillac Europe.
Holy anticipation, Batman! Time for the second bold prediction of the week (here is the first,) and it’s only Tuesday. According to Steven Rattner, the current layout of the entire[…]
Continuing its march to provide small, fuel-efficient, yet fun cars for the global automotive market, General Motors South Africa will begin building the new Chevrolet Spark at its Struandale Plant[…]
“$20 to $25”. According to General Motors Chairman Ed Whitacre, that’s what we should expect to pay per share when GM finally launches its initial public offering. “Not-so-fast,” say other[…]
Back in January, GM pledged to invest $246 million in motors for electrically driven vehicles and just dedicated an additional $23.5 million to the production of electrification components the assembly[…]
GM is set on expanding the Opel lineup in the coming years by introducing a new city car, an electric vehicle, a “sporty coupe,” and a small SUV in the[…]
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.
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