General Motors

Michigan becomes fifth U.S. state to thwart direct Tesla car sales

Michigan Governor Rick Snyder signed a bill on Tuesday that will keep electric carmaker Tesla Motors Inc (TSLA.O) from selling its cars directly to consumers in the state, home to the biggest U.S. automakers.

Read Full Article

China to punish carmakers who fail to meet fuel targets in 2015

China said on Thursday it would punish carmakers by restricting their production and publicly naming them if they fail to meet fuel consumption requirements on passenger vehicles set for 2015.

Read Full Article

GM's third-quarter global vehicle sales up 2 percent on strong China, U.S. demand

General Motors Co's (GM.N) global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States.

Read Full Article

GM recalls 117,651 vehicles for potential electrical short issue

General Motors Co (GM.N) on Thursday said it is recalling 117,651 newer vehicles in North America because a possible manufacturing defect could cause an electrical short and increase the risk of a crash.

Read Full Article

GM's Cadillac to introduce high-end sedan in late 2015

As it strives to energize its Cadillac brand that once led the U.S. luxury auto market, General Motors Co said on Friday it will begin production of a new "top-end, high-technology car" by the end of 2015.

Read Full Article

General Motors recalls cars over parking brake fire risk

U.S. car manufacturer General Motors Co is recalling hundreds of thousands of cars over a defect in the parking brake that could cause a fire, a letter by the top U.S. auto safety regulator showed.

Read Full Article

Lear Corp to buy leather supplier Eagle Ottawa for $850 million

Lear Corp, a maker of auto seats and electrical power systems, said it would buy automotive leather supplier Eagle Ottawa LLC for $850 million to strengthen its core seating business and boost its luxury seats portfolio.

Read Full Article

American powertrain supplier BorgWarner buys German firm Gustav Wahler

Auburn Hills, US-based powertrain supplier BorWarner bought Esslingen, Germany-based exhaust gas and thermostat producer Gustav Wahler GmbH & Co KG for an undisclosed sum to strengthen its position in the market.

Read Full Article

Boston event management app Attendware to rebrand as Attend.com

Boston, Massachusetts-based event management startup Attendware will be rebranding itself as Attend.com as it expands the scope of its solution to online management and analytics for business and university events.

Read Full Article

Chinese glass firm Fuyao to invest $200M in GM's former plant in Ohio

China-based automotive glass supplier Fuyao Glass Industry Co will pour in a $200-million investment to build a manufacturing facility at the former assembly plant of General Motors (GM) in Ohio, US.

Read Full Article

Wanxiang sweetens bid for US car maker Fisker in battle with Hybrid

China-based car parts conglomerate Wanxiang has sweetened its bid for failed US electric car maker Fisker Automotive in a battle with its rival suitor, Hong Kong-based firm Hybrid Technology.

Read Full Article

Caddo agency purchases former GM plant in Louisiana

The officials of Caddo Parish's Industrial Development Board closed the deal on Friday afternoon to acquire the former General Motors (GM) facility from RACER Trust for $7.5 million.

Read Full Article

General Motors invests $600M in Flint plant

As part of a $1.3-billion investment in five US plants, General Motors (GM) is pouring in $600 million in its oldest assembly plant in Flint, Michigan, to set up a state-of-the-art paint facility and other upgrades.

Read Full Article

No decision yet on GM Holden's exit in Australia

General Motors Co has not yet arrived at a decision on whether to exit manufacturing in Australia but said government help would be needed for its long-term survival.

Read Full Article

US Govt exits final General Motors stake

The US government has finally sold its last remaining stake in General Motors, the largest automaker in the US in terms of sales, according to a Financial Times report.

Read Full Article
1 2 3 4 5

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics