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Commonly known as GM, this Detroit based giant was the worlds largest automaker based on sales in 2011. GM distributes cars worldwide through its many subsidiary brands, the big ones being Chevrolet, GMC, Buick, Cadillac, Opel, Vauxhall and Holden. GM also lays claim to the longest built car nameplate with the Suburban.
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GM Posts $1.3 Billion Profit, IPO Filing To Come Shortly
General Motors is expected to file for an Initial Public Offering tomorrow as the company recorded a $1.3 billion profit. GM is hoping to use the positive momentum of two consecutive quarters of profit to help move its IPO filing along. Currently, the United States government owns 61 percent of GM. Taxpayers would have to…
BREAKING: GM CEO Ed Whitacre To Step Down September 1st
General Motors CEO Ed Whitacre will step down as CEO on September 1st, with GM board member Dan Akerson replacing him. Whitacre will remain with GM as chairman until 2011, at which point Akerson will assume that role as well. “My goal in coming to General Motors was to help restore profitability, build a strong market position,…
Wall Street Journal Columnist: GM Should Watch Out For VW, UAW As Obstacles To Prosperity
A column in today’s Wall Street Journal was hidden behind the “subscribers only” section to the detriment of many industry watchers, as the Journal’s Holman Jenkins outlined what he sees as GM’s biggest threats to becoming successful again; a resurgent Volkswagen, and a UAW that Jenkins feels is representing interests that run counter to the workers and…
Chevrolet Volt Will Be Able To Run On Regular Gas Thanks To Knock Sensor
Despite reports that Chevrolet‘s Volt hybrid is capable of only running on premium gas, it turns out that the car is capable of running on regular gas…sort of. A GM spokesman told Autoblog Green that the Volt is equipped with a knock sensor like most every other car on the market. If regular gas is…
Suzuki Down 43%, Porsche Up 75%, In July 2010 Sales
Porsche was the big winner for July 2010 sales, moving 75% more cars than in July 2009, with Hyundai/Kia, Jaguar/Land Rover and the Big Three all making solid gains. Japanese auto makers bore the brunt of the market, with Toyota and Honda losing a bit of market share, while Suzuki took the dubious title of…
Cadillac Escalade Tops Stolen Vehicle List
The Cadillac Escalade is the most stolen vehicle in America, according to newly released data by the Highway Loss Data Institute. Using data that measures the number of insurance claims, as well as the payout received, the HLDI’s formula differs from those used by law enforcement agencies that take into account only the number of stolen…
Rush Limbaugh Rips On The Chevrolet Volt
Everyone’s favorite blowhard talk radio host tore into the Chevrolet Volt, criticizing it as a product that “nobody wants”. Rush Limbaugh, the infamous talk radio host, mocked General Motors as “Obama Motors” and criticized its range as well as its $41,000 sticker price. Limbaugh criticized the $7,500 tax credit offered by the government, stating that…
Chevrolet Volt Needs Premium Gasoline To Function
The Truth About Cars appears to have dug up an interest but troubling fact about the new Chevrolet Volt; it requires premium gasoline. Despite being able to go 40 miles without consuming a drop of gasoline, Chevrolet’s environmental savior plug-in hybrid needs the top shelf dino juice for some inexplicable reason, despite the fact that…
Report: 46% Of Australia’s Impounded Cars Are Holdens
General Motors’ Australian Holden brand remains the choice of hooligans down under, as police in the Australian state of Victoria announced that 46% of cars impounded under their “hoon” laws. Ford is the second most popular with 16.7% of the impound share, while Nissan is third with 7.8%. Holden’s Commodore has been Australia’s best-selling vehicle…
Chevrolet Volt Propaganda Video Surfaces On Youtube
Shortly after announcing the pricing and specs for the Chevrolet Volt, General Motors has put a Youtube video up on the video sharing site touting the features and benefits of GM’s new plug-in hybrid. We’ll spare you a recap of the video but we’ve embedded it into the post below the jump. You can already…
BREAKING: Chevrolet Volt Priced At $41,000, Lease Payment Matches Nissan Leaf
General Motors has announced that their Chevrolet Volt plug-in hybrid will be priced at $41,000 when it goes on sale later in November 2010. The Volt is also entitled to a $7,500 tax credit given to buyers of electric vehicles, which brings the price down to $33,500. The MSRP includes a $720 destination charge. Fully…
GM To Announce Chevrolet Volt Pricing Tuesday; Let The Betting Begin
General Motors just sent us this sparse press release to let us know that Chevrolet Volt pricing is being announced tomorrow at 12 noon EST. We know that the government will be chipping in with a $7,500 tax credit if you buy a Volt, but beyond that, it’s anybodies guess as to how much it…
Chevrolet Sells 340,000 Cruze Compacts Ahead Of U.S. Debut
Before Chevrolet‘s Cruze compact sedan has even launched in Canada or the United States, the automaker has already sold 340,000 units across the globe. With the vehicle already on sale in Chevrolet has already moved 270,000 units in Latin America and Europe, and another 70,000 units in Australia and South Korea, where the car is…
2012 Chevrolet Camaro Z28 Spied; LSA Supercharged V8 On Deck
The 2011 Ford Mustang has upped the game with its superior driving dynamics, and the Dodge Challenger is getting more power this year to go along with its ultra-faithful retro styling. Not willing to be left behind, Chevrolet is readying the most extreme Camaro yet, the 2012 Z28. Powered by the 6.2L Supercharged V8 used in…
GM Now Offering Factory CNG Conversions for Full-Size Vans
However; General Motors is changing all that by performing CNG conversions on it’s full-size vans, the Chevrolet Express and GMC Savana in-house.
Former GM Worker Indicted In Industrial Espionage Case
A former GM employee and her husband have been indicted by a federal grand jury in Detroit in an industrial spying case. Ex-GM worker Shanshan Du and her husband Yu Qin are accused of photocopying thousands of documents relating to hybrid vehicle technology. Prosecutors allege that the couple attempted to pass the documents on to…
GM Buys AmeriCredit For $3.5 Billion, Wants To Give Subprime Loans Another Shot (It’s Deja Vu All Over Again)
General Motors is buying AmeriCorp, a company that offers subprime loans (loans to those with poor credit), for $3.5 billion dollars. GM says the move is necessary to expand financing to those with subprime credit scores. 40 percent of Americans hold these subprime ratings, which are defined as a score below 620 on a 300…
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GM Recalls 2011 Chevy Silverado and GMC Sierra Heavy Duty Trucks for Hill Start Fix
Not beating around the bush, GM quickly discovered that the problem lay with inproper software calibration on the hill-start start system and is now issuing a recall.
Corvette Racing Episode 7: Behind The Scenes Of Corvette Racing
Corvette Racing’s Youtube series continues for yet another episode, but this time, goes behind the scenes to look at the logistics of bringing the team over to France, weeks ahead of the LeMans race, just to prepare for 24 hours of wheel to wheel action. The most interesting aspect of the video is how things…
Automotive Safety in the Spotlight at the Smithsonian
Looking to treat the family to an educational vacation this summer? Then head to the Smithsonian Institute, where you’ll learn all about the three-point safety belt, the padded dashboard and the famous “Car Safety for Dummies” dummies. In honor of 75 years of automotive safety, as well as all the National Highway Traffic Safety Administration…
GM Launches Baojun Brand In China; Name Means “Treasured Horse”
As the Chevrolet brand moves upmarket outside of North America, General Motors needed to create a new entry level brand to sell cars in China, now the largest auto market in the world. In conjunction with Chinese partners SAIC and Wuling, GM has created the Baojun brand, which literally means “treasured horse”. Baojun is expected…
Corvette Racing Episode 6 Shows The Highs And Lows Of LeMans Racing
Episode 6 of the Corvette Racing Series is the big one; the team gets ready for the 24 Hours of LeMans race, a mere two days after their Laguna Seca event. Having to assemble and ship 14 tons of gear on 48 hours is no easy feat, but couple that with having to win the…
Chevrolet Volt Battery Gets 8 Year, 100,000 Mile Warranty
General Motors is throwing its weight behind the Chevrolet Volt’s battery system by offering an 8-year, 100,000 mile warranty on the battery pack. Many potential consumers have expressed reservations about the longevity and durability of electric vehicle batteries, which can be extremely expensive to replace and are a relatively new technology that hasn’t seen widespread…
Report: 2011 Chevrolet Caprice To Be Sold To The Public
Chevrolet‘s fleet-only Caprice will likely be sold to the General Public after a tide of interest forced General Motors to re-consider their plans to restrict sales to fleets. The Caprice is essentially a stretched version of the Pontiac G8, a rear-drive, V8 powered large sedan based off the much-lauded, Australian market Holden Commodore. The G8…
