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.
While many a GM fan loves Cadillac’s newest models – including the entire CTS range as well as the hot-selling SRX crossover – it’s sometimes healthy (and even important) to[…]
General Motors has awarded $5 million to Virginia Tech to create the National Tire Research Center at the university’s Transportation Institute (VTTI). The new facility will provide automobile and tire[…]
This is the third investment of its kind in the facility this year.
GM has had quite the eventful day today. During the same conference in which Ed Whitacre announced his plan to step down as CEO (effective September 1st), his company has[…]
Well this is very interesting. Buick is considering a rear-wheel drive (RWD) full-size premium sedan based on a premium version of its Zeta platform. The sedan would directly compete against[…]
General Motors has announced the last round of its investment in Brazil through 2012. This latest announcement includes $386 million in funding for development and production at the São Caetano[…]
GM’s St. Catharines Plant in Ontario, Canada can’t escape good news. Previously, General Motors announced a $235 million investment for the facility to support the manufacture of next-generation engines. This[…]
General Motors announced that it will invest $257 million in its Fairfax, Kansas and Detroit-Hamtramck assembly plants to prepare for the next-generation Chevrolet Malibu (spy pics here and here). The[…]
In the wake of this totally gloomy economic downturn, GM has decided to put its money where its mouth is. Like its major competitors, GM is going to invest a[…]
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