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General Motors Co. Expands Self-Driving Operating in California
General Motors Co. will build a development facility in California and eventually add 1,100 employees over five years through its Cruise Automation unit. The …
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General Motors Co. China Sales Up By 7.1 Percent in 2016
General Motors Co. and its joint venture partners sold 3.87 million vehicles in China in 2016, a jump by 7.1 percent from the previous …
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General Motors and U.A.W. Reach Tentative Contract Accord Minutes before Strike Deadline
The United Auto Workers (U.A.W.) union has voted to approve a tentative labor deal with General Motors Co clearing the path for members to vote on the …
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GM & Peugeot to deepen the cooperation
On the 20th of December, General Motors Co. and PSA Peugeot Citroen informed that they sacrificed a joint large car project, yet they were to focus on three other vehicles projects. Therefore their young alliance is going to be expanded and deepened despite rumors that the two carmakers had some issues concerning their cooperation. According to the statement, the first models are expected to be available in 2016. The alliance will not only be based on the development of the three new vehicles as General Motors Co. and PSA Peugeot Citroen plan to expand also in emerging markets including Latin America.
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GM wants to conquer China with Cadillac brand
As General Motors Co. has more and more ambitious goals and it simply wants to have it all, it has decided to boost the number of Cadillac dealerships in China by approximately 25 percent. The announced plans are aimed at boosting GM’s popularity in the China’s luxury car market which is dominated by Germany’s luxury carmakers, including Volkswagen AG and its Audi brand.Volkswagen AG and its Audi brand.
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Opel to shut down Bochum car plant in 2016
On the 10th of December, General Motors Co.’s Adam Opel AG informed that the car plant in Bochum, Germany would be closed. The decision to cease auto production in one of four car plants located in Germany was caused mainly by the slump in the European auto market. Adam Opel AG unit made a decision as it tries to restructure its unprofitable operations in the region.
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Ferguson Was Named Cadillac Global Brand Chief by GM
General Motors Co., the largest U.S. carmaker, named Robert Ferguson Cadillac global chief. Dan Akerson, chief executive officer at General Motors Co., believes that Robert Ferguson will improve sales of Cadillac, acting as vice president of global public policy. Cadillac, the 110-year-old brand, has been facing many challenges in the market.
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474,000 Vehicles Recalled by General Motors Over Gear Shift Trouble
General Motors Co., the leading automobile manufacturer in the United States, stated on the 21st of September that the company has come up with the decision to recall around 474,000 Chevrolet, Saturn and Pontiac sedans all across the world in order to sort out a situation that could very well lead the vehicles to roll even when the drivers believe that they are in park mode.
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CAW hopes to end talks with Ford; Chrysler concerned
According to the head of the Canadian Auto Workers, the union will focus on reaching an agreement with Ford Motor Co. as talks continue with all of Detroit’s Big Three car makers with a strike deadline coming closer Monday night. On Monday, exactly at midnight, the current contract expires and the CAW decided to focus on the new agreement with Ford Motor Co.
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General Motor Sales in China Unaffected Despite Industry Slowdown
General Motors, foreign automaker giant in China, declared Monday that in 2011, its sales in China hit a record high, regardless of a broader slowdown in the world’s largest automobile market. General Motors Co. and its joint ventures in China set record sales by selling around 2.55 million units in 2011, up by 8.0 percent from the previous record of 2.35 million in 2010.
