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GMC GM News

News on GMC GM continually updated from thousands of sources around the net.

4 hrs ago | Detroit News

GM creditors may recover some lost funds

Unsecured creditors who lost billions when General Motors Corp. filed bankruptcy last summer could get a rare windfall Tuesday if a judge approves a nearly $1.9 million settlement.

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Related Topix: GMC, Economics News, Bankruptcy, Automakers, General Motors, Chevrolet, Cadillac, Buick

Sat Nov 21, 2009

Kansas.com

GM chairman Whitacre has hands-on approach

In this July 10, 2009 file photo, General Motors Corp. Chairman Edward Whitacre Jr.

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Related Topix: GMC, Automakers, Cadillac Escalade, General Motors, Cadillac, Chevrolet, Pontiac

Fri Nov 20, 2009

Los Angeles Times

GM posts improved quarterly results, increases its cash reserves

After a long, painful drain on the corporate piggy bank, General Motors Corp. is actually saving money once again.

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Related Topix: GMC, Automakers, General Motors, Economics News, Bankruptcy

Thu Nov 19, 2009

Daily Record

Lowea s, shopping center planned for Charles Village site

An artista s conception of the redevelopment of the 11-acre Anderson Automotive site at Howard at 25th streets in Baltimore.

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Related Topix: Baltimore, MD, Baltimore Metro, GMC, Economics News, Bankruptcy

Wed Nov 18, 2009

MarketWatch

Bankrupt GM's headquarters in downtown Detroit's Renaissance Center.

General Motors Co., the successor to General Motors Corp., reported a third-quarter loss of $1.15 billion on Monday, as government stimulus programs helped the automaker increase its sales and pull down the size of its inventory.

Comment?

Related Topix: GMC, Economics News, Bankruptcy, Automakers, General Motors, Pontiac, Cadillac

Tue Nov 17, 2009

Tribune-Chronicle

2 p.m.: Cruze to debut Dec. 2

The Lordstown-built Chevrolet Cruze upscale small car is scheduled to make its U.S. public debut at the Los Angeles Auto Show on Dec.

Comment?

Related Topix: Chevrolet, Pontiac, Pontiac Grand Am, GMC, Honda, Honda Civic

Bloomberg

GM Turnaround Pivots on Sales After Henderson Slashes Costs in Bankruptcy

General Motors Co. Chief Executive Officer Fritz Henderson , buoyed by $50 billion in U.S. bankruptcy aid, slashed debt and operating costs without returning to profit.

1 comment

Related Topix: GMC, Economics News, Bankruptcy, Automakers, General Motors, Grand Rapids, MI, Grand Rapids Metro, Toyota Motor

Mon Nov 16, 2009

ComputerWorld

Hard times aren't slowing GM's new CIO

Terry Kline likes Windows 7, the iPhone, PCs stored on USB drives, and cloud computing services.

Comment?

Related Topix: GMC, CIO News, iPhone, Cloud Computing, Science / Technology, Automakers, General Motors

Albany Times Union

GM reports $1.2B loss, says it shows progress

In this Nov. 1, 2009 photo, unsold 2009 Chevrolet Suburbans sit in a long row under a General Motors sign at a Chevrolet dealership in Englewood, Colo.

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Related Topix: GMC, Chevrolet Equinox, Chevrolet Camaro, Chevrolet Silverado, Chevrolet, Automakers, General Motors, Chevrolet Impala

Denver Post

GM reports $1.2B 3Q loss, says it shows progress

General Motors Corp. President and CEO Fritz Henderson speaks during a news conference at company headquarters in Detroit, Monday, Nov.

Comment?

Related Topix: GMC, Automakers, General Motors, Chevrolet Equinox, GMC Silverado, Chevrolet Camaro, Chevrolet Silverado, Chevrolet

Sun Nov 15, 2009

Hampton Roads Daily Press

GM says 37 percent of US Saab dealers will close under deal to sell brand to Koenigsegg Group

About 37 percent of U.S. Saab dealers will close as part of General Motors Corp.

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Related Topix: GMC

Sat Nov 14, 2009

Myrtle Beach Online

GM: 37 pct of US Saab dealerships to close

About 37 percent of U.S. Saab dealers will close as part of General Motors Corp.'s planned sale of the ailing Swedish car brand to Koenigsegg Group AB, a GM spokeswoman said Saturday.

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Related Topix: GMC, Automakers, General Motors, Pontiac, Oldsmobile, Cadillac

Fri Nov 13, 2009

Myrtle Beach Online

GM chairman says co. is committed to repaying aid

The chairman of General Motors says the automaker is committed to repaying its billions in government loans, though it's too soon to say when that will happen.

Comment?

Related Topix: GMC, Automakers, General Motors, Seguin, TX, Texas Lutheran University, Business News

Wed Nov 11, 2009

Inside Bay Area

Toyota may shoulder NUMMI costs alone

Toyota Motor Corp. may shoulder almost all the costs to shut the NUMMI auto plant in Fremont as the owner of the former General Motors Corp.'s 50 percent stake doesn't plan to fund expenses including worker severance pay.

Comment?

Related Topix: Toyota Motor, Automakers, GMC, General Motors, Economics News, Bankruptcy

Tue Nov 10, 2009

Kentucky.com

GM appoints international exec to head Opel

General Motors Co. said Tuesday that a senior executive who now runs its international divisions will take over responsibility for the European Opel and Vauxhall units while the company searches for a permanent chief executive.

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Related Topix: GMC, Automakers, General Motors, Marketing, Europe, World News, Germany, Angela Merkel, South Korea,

SF Gate

Auto supplier Lear exits bankruptcy

Auto parts maker Lear Corp. emerged Monday from four months in bankruptcy protection, saying it has a healthier balance sheet, less debt and a backlog of new business.

Comment?

Related Topix: Manufacturing, Automakers, Textiles, Lear Corporation, Economics News, Bankruptcy, GMC

Mon Nov 09, 2009

Palm Beach Post

Fed: GMAC to receive more bailout money

The Federal Reserve said Monday that GMAC is the only one of 19 stress-tested banks that needs more capital to withstand losses if the economy softens.

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Related Topix: GMC, San Francisco Metro, Oakland Metro, Automakers, General Motors, Home, Mortgage, Personal Finance

Taipei Times

GM says China auto sales more than doubled last month

TO THE RESCUE: General Motors and other automakers are racing to meet demand in China amid slackening sales of new cars and trucks in auto markets elsewhere AP, BEIJING Tuesday, Nov 10, 2009, Page 12 General Motors Corp said yesterday its China sales last month more than doubled from a year earlier amid tax cuts and incentives to help boost the ...

1 comment

Related Topix: GMC, Auto Dealers, Automakers, General Motors, Chevrolet Venture, Chevrolet, Buick

Sun Nov 08, 2009

Arkansas Online

Saturn dealers shifting gears

Stephen Johnson shows Martin O. Maize Jr. a Mercedes. ADVERSTISMENT When the first Saturns rolled off the assembly line in 1990, Dave and Rick Parker were intrigued.

Comment?

Related Topix: Saturn, Little Rock, AR, GMC

Fri Nov 06, 2009

MassLive.com

Dana Automotive to stop selling Chevrolets in Northampton

Dana Automotive of Northampton will soon drop its Chevrolet franchise in order to concentrate on Volkswagen and the dealership's owner is predicting that a new wave of car dealer closings and consolidations will roll through the region in the next six months to a year.

Comment?

Related Topix: Chevrolet Suburban, Chevrolet, Northampton, MA, Auto Dealers, GMC, Pontiac

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