GMC News Archives

General Motors Corp investors expect the No. 1 U.S. automaker to post a steep second-quarter loss on Friday, reflecting the pressure from a deepening downturn in the U.S. auto industry.

Standard & Poor's on Thursday cut ratings on all three major U.S. automakers deeper into junk status, citing expected losses due to higher gas prices and a weakening U.S. economy.

NEW YORK - General Motors Corp is in talks with Indian automaker Mahindra & Mahindra Ltd and automakers in Russia and China about selling its Hummer brand, sources familiar with the matter ...

BANGALORE: General Motors Corp said it will cut 5,000 North American white-collar jobs, by November 1, the Wall Street Journal reported on Thursday.

WARREN, Mich. - When Coke bottle glasses just won't cut it for safe driving, a futuristic windshield might do the trick.

Automakers could receive up to $6 billion in direct loans to modernize their assembly plants to build gas-electric hybrids and advanced vehicles under an agreement reached Wednesday by Senate budget leaders.

Below is an auto news article from July 30, 2008 from Automotive.com and PRNewswire.

General Motors Corp. will release its second-quarter 2008 financial results Friday, Aug.

U.S. automakers are moving quickly to change their leasing programs in response to falling used car values, Detroit's Big Three said.

Take automakers' inability to finance leases, combined with gas prices, the weak economy and other problems facing the industry, and you have the makings of what could be one of the worst months for auto sales ...

GMAC Financial Services says it will suspend incentivised automotive leasing in Canada effective Aug.

Why not be the first to leave a comment? Add a Comment I am in the same boat. I bought a 1974 GMC Jimmy with any top and was planning on putting a soft... more Not enough oil pressure? I have a 80 gmc jimmy, ...

Nearly 800 workers at the Shreveport General Motors assembly plant will be without jobs Sept.

COLIN PERKEL The Canadian Press OSHAWA, Ont. - Cash incentives of up to $100,000 for workers to leave a slumping General Motors in this auto-manufacturing heartland should help cushion the blow of the company's ...

GMAC is getting out of the business of leasing vehicles. The financial arms of Chrysler LLC and General Motors Corp.

The General Motors Corp. 's Moraine plant took another step towards the end of the line Monday, when officials announced that they will eliminate the second shift starting Sept.

General Motors Corp. says it's cutting production by another 117,000 vehicles as a result of lower demand for pickup trucks and SUVs.GM spokesman Tony Sapienza said Monday that the Detroit-based automaker will ...

A prayer, if one is so inclined, probably is in order for the 1,946 people who still draw their paychecks from the General Motors Corp.

A Canadian Auto Workers official says the union and General Motors Corp. have reached a settlement in the bitter dispute over the pending closure of the company's truck plant in Oshawa, Ontario.

A lot more people are considering hybrids these days - but for $45,000? The big price tag makes Chrysler's first hybrids, the Dodge Durango and Chrysler Aspen, a much tougher sell.

The Highway Patrol is asking the person driving the car that hit Tyler Capers to surrender by calling troopers at 953-6010 or by going in person to the trooper office at 8740 North Park Blvd., North Charleston, ...

Nearly three years ago, the Hahns decided it was time for a bigger vehicle when there family began to grow.

A week ago, Richard Gresens, the chief designer of the 2009 Ford Flex, was showing off the aerodynamics of Ford Motor Co.'s boxy new 7-seat crossover in a wind tunnel in Allen Park.

General Motors Corp., pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota Motor Corp.

Last month the New York Times pointed out that if it weren't for a loophole in the federal regulation of motor vehicles, the 2009 Dodge Durango Hybrid would be eligible for a hybrid-vehicle tax credit and also ...

NASHVILLE, Tenn. -- In Tennessee, the automotive industry is viewed as a catalyst for future economic growth and as part of the foundation for the state's evolution from one of the nation's poorest states to ...

General Motors Corp. says it's turning to advanced math to chop 40 percent off the development time for its vehicle power systems at its new $463 million powertrain development center.

GM engineers confirm a Nrburgring 8:20 lap time for the Camaro SS - but then used the experience to tweak tire compound and suspension settings to further improve steering and handling characteristics for when ...

Matt Assenmacher is a cyclist at heart and runs two bicycle shops in Genesee County, but on Sunday, he had old-fashioned gasoline and a lot of nostalgia pumping through his veins.

Navistar International Corp. 's Brazilian unit said it signed a 7-year engine-supply agreement that calls for it to supply a total of 420,000 diesel engines to General Motors Corp.

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General Motors Corp. lost the global sales lead to Toyota Motor Corp. in the first half of this year, but the churning market makes it difficult to predict which automaker will end the year on top.

Canadian Auto Workers President Buzz Hargrove is calling on the federal government to take steps to revitalize the "horrible situation" faced by the Canadian auto industry after a second round of job cuts at a ...

With all of the excitement created by Bob Lutz's first drive of the Chevrolet Volt test mule vehicle recently, some may have forgotten GM has another plug-in vehicle that is approved for production and ...

Toyota beat General Motors in worldwide sales in the first half of the year. Toyota Motor Corp.

Q : I took my 1998 GMC Savana conversion van in for an oil change and they told me "the trans fluid is dirty and should be flushed." The owner's manual says to change the fluid at 50,000 miles under severe use ...

General Motors Corp. and Ford Motor Co., the two biggest US automakers, have about a 46% chance of default within five years, according to Edward Altman, a finance professor at New York University's Stern ...

Workers from the Chain Ranch spent much of Friday morning rounding up longhorn steers and bringing them back to the Elks Rodeo Arena.

Among other moves, GM to cut white-collar jobs, dividend and retiree health care.

General Motors Corp. has joined with more than 30 utility companies across the U.S. to help work out electricity issues that will crop up when it rolls out new electric vehicles in a little more than two years.

Despite record-high gas prices and production and work force cuts, General Motors Corp.

FRANKFURT, Germany : General Motors Corp. unveiled its new Insignia sedan model Monday for its Opel and Vauxhall brands, at an event in London event prior to the start of the London Auto Show.

Posted 7 hours ago When Coke bottle glasses just won't cut it for safe driving, a futuristic windshield might do the trick.

It's no secret that domestic auto manufacturers are facing some of their toughest challenges ever.

Shares of General Motors Corp. soared Wednesday, signaling that the automaker's plans to raise $15 billion by the end of 2009 reassured investors and put their fears of bankruptcy to rest.

ROMULUS, Mich. - At a General Motors Corp. factory just west of Detroit, about 1,000 workers are still cranking out mighty but thirsty V-8 engines that go into pickup trucks and sport utility vehicles.

General Motors Corp. is rushing to assure salaried retirees it is working to ease the pain of a plan to cut health benefits.

By John Crawley

WASHINGTON (Reuters) - President George W. Bush urged motorists on Tuesday to conserve gasoline while automakers move to make their fleets more efficient, and said General Motors Corp and other mainstays of the U.S. economy should not expect a government bailout.

With Bush administration officials seeking congressional approval of a plan to offer an unlimited, temporary line of credit to mortgage giants Freddie Mac and Fannie Mae, there was question on Tuesday whether the government should step in to help GM and other distressed companies -- like it did with smaller Chrysler in 1980.

General Motors Corp. representatives said Tuesday it was too soon to tell whether plans to cut truck production will affect its Allen County truck assembly plant and its foundry in Defiance, Ohio.

While Tuesday's announcement by General Motors of salaried job cuts, cuts to retiree health care and further truck production cuts have left many workers and retirees here uneasy, a researcher believes Genesee ...

WARREN - When Coke bottle glasses won't cut it for safe driving, a futuristic windshield might do the trick.

At a General Motors Corp. factory just west of Detroit, about 1,000 workers are still cranking out mighty but thirsty V-8 engines that go into pickup trucks and sport utility vehicles.

Industry analysts say General Motors Corp. is likely to close more factories as it cuts 300,000 trucks and sport utility vehicles out of its production schedule by the end of next year.

After touching 54-year lows, GM shares rallied 45 per cent this week, and the cost to insure the top U.S. automaker's debt against default has eased.

Republican presidential candidate John McCain is eager to visit the place where General Motors Corp.

General Motors Corp. says one of its Chinese joint ventures has begun exporting Chevrolet minivans to Peru, adding to global automakers' small but growing vehicle exports from China.

General Motors Corp.'s white-collar retirees will take one of the biggest hits in the automaker's sweeping cost-cutting plan, with those 65 and older losing their company-sponsored health care benefits ...

When Coke bottle glasses just won't cut it for safe driving, a futuristic windshield might do the trick.

General Motors Corp. says 1 of its Chinese joint ventures has begun exporting Chevrolet minivans to Peru, adding to global automakers' small but growing vehicle exports from China.

People want small cars that get great gas mileage. General Motors Corp. is known for making top-notch trucks and sport utility vehicles. The company's survival now hinges on the difficult task of convincing buyers that its upgraded cars are just as good as its trucks and worth some extra cash.

That's essentially the business plan for the reconstituted GM, the one that is trying to make it in a U.S. market where people no longer want $42,000 Chevrolet Tahoes that get only 14 miles per gallon in the city.

WASHINGTON - Total sales at retailers rose a less-than-expected 0.1 percent in June, as auto sales had their biggest drop in more than two years, a Commerce Department showed on Tuesday.Auto and auto parts ...

Each Thursday at 8:30 a.m. EST, the government tells us about how many people went through one of the most unpleasant experiences of their lives: filing for unemployment help for the first time.

U.S. auto giant General Motors Corp. announced job and benefit cuts Tuesday as part of an effort to improve its liquidity by $15 billion.

General Motors Corp., struggling to survive, will slash jobs, cut production, sell assets and suspend its dividend for the first time in 86 years as it tries to ride out an unprecedented collapse of its core ...

Embattled General Motors Corp. will attack its looming liquidity crisis with another round of drastic cost cutting and a substantial gamble that the U.S. auto market will recover from its deep slump by 2010.

Shares of Lear Corp. and American Axle & Manufacturing Inc. sank to all-time lows on the New York Stock Exchange today after General Motors Corp.

Bad news for Michigan in the auto industry was softened somewhat by the announcement today that Dow Chemical Co.

From 1934 until recently, Jim Culligan and his uncle before him, Cas Culligan, sold Pontiacs in Western New York.

General Motors Corp. may be in the throes of a deep and painful sales decline in its home market, but the ailing Detroit giant on Monday handed in fresh evidence that demand for its smaller cars abroad is ...

General Motors Corp. plans to announce a wide-ranging cost-cutting plan Tuesday, following a Monday meeting of its board of directors, sources familiar with the plan said.

Like its big brother Sierra , the GMC Canyon didn't change much for 2008. In fact, the photo gallery from 2007 still applies -- GMC only released a couple of new photos of the Canyon for the current model year.

The legendary Fisher Body brand of automotive history is being resuscitated by a Troy firm that hopes its advanced, lightweight material unibody and diesel-electric hybrid system can revolutionize municipal ...

If only the largest auto maker in the world had listened to me back in 1985, it would still be the largest auto manufacturer in the world today .

GM's Wagoner DISMISSES BANKRUPTCY TALK: Company won't seek bankruptcy: The chief executive of General Motors Corp.

The Sweetwater County Sheriff's Department used the GPS signal from a woman's vehicle to find her and rescue her after she drove into a large irrigation canal near Big Sandy early Thursday morning.

If there is one thing to say about the GMC Yukon Hybrid, it's that it isn't shy about being "green." With gas prices on the rise and conspicuous consumption a serious social faux pas, the "HYBRID" stickers and ...

It has a six inch skyjacker suspenion and a 2inch body lift. Its my mudding truck and it goes like a tank.It has the 350 bfgoodwrech motor with edelbrock heads and air filter so it's got some.

Submitted by SHNS on Thu, 07/10/2008 - 14:02. Some jobs still require the capacity of a full-size sport utility vehicle, like moving a big-screen TV and several large pieces of art from Iowa City, Iowa, to ...

World leaders on Tuesday endorsed halving world emissions of greenhouse gases by 2050, edging forward in the battle against global warming but stopping short of tough, nearer-term targets.

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market : NYSE General Electric Co.

Before you dump your SUV for a Toyota Prius, use our calculator to reveal the bottom line.

As gas prices climb past $4 a gallon, more and more people are thinking of alternative ways to save some cash at the pump.

DETROIT - Toyota Motor Corp said on Thursday it would start building its Prius hybrid in the United States in 2010 and suspend production of slow-selling big trucks for three ...

The chief executive of General Motors Corp. dismissed speculation that the largest U.S. automaker might soon seek bankruptcy protection.

Shares of General Motors Corp. slid to another record low Thursday, as speculation swirled about the financial viability of U.S. -based automakers and a possible bankruptcy filing at GM.

The first Chevrolet built on a new global platform will be called the Cruze and get 45 miles per gallon, General Motors Corp.

Every morning, just after getting coffee, Mark Fields fires up his laptop to pore over a computer model showing real-time U.S. auto sales figures.

WASHINGTON - General Motors Corp. has told federal regulators they should not count on any fuel economy gains from the upcoming Chevrolet Volt or other plug-in hybrids when setting new efficiency standards, ...

Raytheon Co. , the defense contractor that helped train astronauts and Mr. Goodwrench mechanics, plans to capture a larger share of the $9 billion professional instruction market, a company executive said.

When workers at American Axle & Manufacturing grudgingly approved a cost-cutting contract in May to end a damaging strike, analysts forecast hundreds of millions of dollars in annual savings for the auto ...

Despite trouble on the home front, General Motors Corp. is booming in Europe. GM said Wednesday it recorded record sales of nearly 1.2 million vehicles in Europe in the first six months of this year.

General Motors Corp. may cull certain overlapping vehicle brands from its product line as it swings over to more fuel-efficient vehicles, a U.S. source said.

It was the 2003 Cadillac CTS, the car was hot, edgy-dynamic styling, good driving habits and a nicely designed interior.

U.S. stocks rose for a second day as a $4-a-barrel drop in oil boosted the outlook for profit growth and a five-week retreat left the Standard & Poor's 500 Index at the cheapest relative to earnings since ...

General Motors and Ford reported first-half sales grew strongly in China's booming auto market Tuesday, a rare bright spot for global automakers.