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General Motors News

News on General Motors (Ticker: GM) continually updated from thousands of sources around the net.

2 hrs ago | Time

GM Lawyer Increases Death Toll From Recalled Cars

Attorney Kenneth Feinberg testifies during a hearing before the Consumer Protection, Product Safety, and Insurance Subcommittee of the Senate Commerce, Science and Transportation Committee July 17, 2014 on Capitol Hill in Washington, DC. The subcommittee held hearing on "Examining Accountability and Corporate Culture in Wake of the GM Recalls."

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Related Topix: Capitol Hill (Washington, DC), Automakers, General Motors

6 hrs ago | Forbes.com

Interesting October Stock Options for GM

Options For Income is a contributor page created by the editors of Stock Options Channel, a stock options research Website. Our site includes a number of features that allow investors to dig deeper into interesting stock options opportunities, including our proprietary YieldBoost ranking system.

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Related Topix: Automakers, Financial Markets

Mon Sep 15, 2014

EETimes

NHTSA's on the Spot - Finally

A US Senate subcommittee will hold a hearing Tuesday to probe the slackardly performance by the National Highway Traffic Safety Administration in enforcing auto and highway safety laws. The trigger for this hearing is the NHTSA's failure to press General Motors on ignition switch complaints.

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Related Topix: CPU, Science / Technology, Automakers, General Motors, Publishing, Media, New Times, Marketing

Brandon Sun

Business Highlights

Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company. But the move carries risks, as gamers can be fickle.

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Related Topix: Minecraft, Video Games, The, Deep Silver, They, _No Company, X360, Microsoft Xbox, Automakers

WTOC-TV Savannah

GM expert says 19 deaths eligible for compensation

The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.

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Related Topix: Automakers, General Motors, Prison

Insider Monkey

General Motors Company (GM) to Award Far More Claims for Deaths than Admitted

General Motors Company is going through the laborious process of analyzing the hundreds of claims for compensation resulting from defective ignition switches that were installed in 2.6 million of their vehicles. Yet according to Kenneth Feinberg, GM's Compensation Fund Administrator, on CNBC today, some of the claims being sent in are "woefully inadequate", and very few have been approved thus far.

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Related Topix: Manufacturing, Automakers, Aerospace-Defense, Saab AB

Examiner.com

General Motors to begin issuing settlements following ignition recall

Information related to settlement funds to be awarded by General Motors , stemming from their recall of automobiles affected by faulty ignition switches, reveals the number of deaths caused by the defect is higher than the automaker initially acknowledged. The Detroit Free Press reported today that 19 different families will receive compensation despite GM's previous claims that the number of deaths linked to ignition-switch failures, which can cause the engine to turn off while the car is moving and effectively deactivate the car's airbags, was as low as 13. Given that the deadline for applications for compensation is not until the end of this year, this number, too, is expected to climb.

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Related Topix: Automakers, General Motors

KUQL-FM Mitchell

GM offers compensation for 19 deaths related to ignition switch

General Motors Co. will pay compensation for 19 deaths linked to a faulty ignition switch, according to the lawyer overseeing the process, more than the 13 deaths the automaker had previously admitted were caused by the now recalled part.

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Related Topix: General Motors, Automakers

Detroit News

GM compensation fund approves' death claims

GM hasn't offered any recent figure on the number of injuries it believes are connected. The independent compensation fund overseeing claims from General Motors ignition switch recall has approved applications for 19 deaths in its first six weeks of operation - significantly more deaths than the Detroit automaker has acknowledged.

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Related Topix: Automakers, General Motors

Sun Sep 14, 2014

The Washington Post

Google Espousing Driverless Future at Odds With Automakers: Cars

Google Inc., with its vision for a future where cars drive themselves, is putting itself at odds with an auto industry that shares its desire for safer, less- congested roads -- yet won't abide the "driverless" part. The clash pits the Internet giant, public for barely a decade, against companies that spent a century building the machines that put people behind the wheel of autos.

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Related Topix: Google, Startups, Emerging Technology, Search Engines, BMW R, BMW Dirt Bike, Dirt Bikes, Toyota Motor, Automakers

The Eastern Echo

How Kwame Kilpatrick gambled away Detroit's money

On July 18, 2013, Detroit filed for Chapter 9 bankruptcy after decades of social and industrial decline. By this time, only General Motors Company's headquarters remained in its borders, and only 713,862 remained of the 1.85 million citizens that lived in the city in the 1950s.

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Related Topix: Detroit, MI, Bankruptcy, Automakers

The Motley Fool

What's Driving Subaru's American Sales Surge?

Sales of Subaru's Forester have been on a remarkable tear in 2014. What's driving the surge? Source: Subaru.

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Related Topix: Wagon, Subaru, SUV, Subaru Forester, Subaru Outback, Sedan, Coupe, Subaru Impreza, Hybrid, Hatchback, Subaru XV Crosstrek, Automakers, General Motors

Sat Sep 13, 2014

The Raw Story

Self-driving cars starting to communicate with each other

An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.

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Related Topix: General Motors, Automakers

MLive.com

Kettering grad-turned-motorcycle stunt rider will put on show for Flint during Bikes on the Bricks

After graduating from Kettering University in 2005, he had already been working as an engineer for General Motors and found himself with a full-time job. He was looking at a future with a six-figure income.

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Related Topix: Kettering University, Automakers, General Motors, Entertainment

Fri Sep 12, 2014

Business Journal

New technology drives job growth, expansion at GKN Driveline in Newton

The new disconnect technology that GKN will sell to Ford Motor Co. and General Motors Corp. as well as BMW allows the four-wheel drive to disconnect at high speeds as a way to save fuel.

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Related Topix: Saturn, Saturn SC, Automakers, Catawba County, NC

Insider Monkey

Ford Motor Company (F) and General Motors Company (GM) Not the Best Car Role Models

The automotive industry has been hit by a series of unpleasant events. Bloomberg 's Betty Liu reported that Ford Motor Company will be garbage collecting among its sold cars and General Motors Company told dealers to halt the sales of 2015 Chevrolet Corvette.

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Related Topix: Ford Escape, SUV, Coupe, Wagon, Hybrid, Hatchback, Ford Focus, Ford, Sedan, Manufacturing, Automakers, Volvo Trucks North America, Saab AB, Ford Motor, Aerospace-Defense

Brandon Sun

Business Highlights

Major brand sponsors are watching closely to make sure the National Football League doesn't fumble the investigation into how its executives handled evidence in the Ray Rice domestic violence case. For big companies like Anheuser-Busch, General Motors and Procter & Gamble, an NFL sponsorship is a coveted prize.

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Related Topix: Automakers, General Motors, Prison

The Detroit News

GM issues stop sales for two Corvette defects

Washington -- General Motors Co. told its dealers to halt sales of about 2,800 new Chevrolet Corvettes for possible defects.

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Related Topix: Coupe, Chevrolet Corvette, Hatchback, Convertible, Chevrolet, Automakers, General Motors

Las Vegas Review Journal

Three veterans bolster sales force at Findlay Cadillac

Courtesy photo Findlay Cadillac staffers, from left, Dave Neyman, Jennifer Jackson-Parvari and Don Kot combine for more than 60 years in the car business. Findlay Cadillac, already rated among the top dealerships of its kind in the nation, has bolstered its staff by adding three members with more than 60 collective years in the car business.

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Related Topix: Hybrid, Cadillac Escalade, Cadillac, SUV, Sales, Las Vegas, NV, Automakers, General Motors, Autos

Gizmag

Cadillac to introduce automated driving and vehicle-to-vehicle tech in 2016

General Motors CEO Mary Barra announced this week that the automaker will launch the Super Cruise advanced driver assistance system and vehicle-to-vehicle communications within the next two years. Both technologies will find their way into 2017 model year vehicles, automating key aspects of driving for Cadillac owners.

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Related Topix: General Motors, Automakers, Gadgets

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