General Motors

GM dedicates $890 million at five U.S. plants to generate new fuel, robust employment

GM dedicates $890 million at five U.S. plants to generate new fuel, robust employment 1General Motors will invest more than $890 million which will create or retain more than 1,600 jobs in five North American plants to produce a new generation of fuel efficient small block truck and car engines.

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GM completes government loan payments, increases Chevy Volt, Malibu focus

GM completes government loan payments, increases Chevy Volt, Malibu focus 2General Motors has made a final payment of $5.8 billion to the U.S. and Canadian governments, which complete the automaker’s $6.7 billion loan total. The automaker wired $4.7 billion to the U.S. Treasury Department and $1.1 billion to Canada.

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General Motors says 661 dealers welcomed back from bankruptcy restructuring

General Motors says 661 dealers welcomed back from bankruptcy restructuring 3General Motors will offer reinstatement to 661 of its U.S. dealerships targeted for closure as part of the automaker’s bankruptcy restructuring last year.

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Ford has dramatic sales increase, Toyota tumbles again

Ford has dramatic sales increase, Toyota tumbles again 4Ford Motor Co., the only U.S. carmaker to avoid bankruptcy in 2009, posted a 43 percent surge in its February U.S. sales and simultaneously set a higher second-quarter production plan for North America.

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Hummer no more as GM, China truck company deal fizzles

Hummer no more as GM, China truck company deal fizzles 5Say goodbye to the Hummer, the once proud military sport utility vehicle whose sales drastically decreased in recent years as gas prices and environmental concerns increased at a more rapid pace.

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Spyker buys Saab in last-minute deal from GM for a reported $400 million

Spyker buys Saab in last-minute deal from GM for a reported $400 million 6Saab, the Swedish carmaker that used the tagline “Born From Jets” but whose recent performance had taken the company into a severe tailspin, has been purchased by Spyker, the small Dutch sportscar manufacturer.

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GM boss says Hybrids, Electric vehicles not that important

GM boss says Hybrids, Electric vehicles not that important 7There’s no hotter (some say no more important) topic in the automotive industry than the evolution of electric and hybrid cars. Bob Lutz, General Motors Vice Chairman, apparent isn’t among the believers.

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General Motors to Tiger Woods: No more free Buicks

General Motors to Tiger Woods: No more free Buicks 8No more free cars for Tiger Woods. At least as far as General Motors Co. is concerned.  In the continuing aftermath of Woods’ scrutinized personal life via his November car accident and revelations of marital indiscretions, a GM spokesman said Woods’ complimentary loaners ended Dec. 31. 

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General Motors News: Massive production increase, rehiring for 2010

General Motors News: Massive production increase, rehiring for 2010 9General Motors (GM) will restore an estimated 3,000 jobs in United States facilities and will increase its North American production by as much as 45 percent in 2010. GM expects to increase North American production to about 2.8 million vehicles in 2010 and thus will add shifts and restore about 2,400 jobs at three U.S. assembly plants next year.

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General Motors Unveils Electric Vehicle Volt, Will Debut As 2010 Model

General Motors Unveils Electric Vehicle Volt, Will Debut As 2010 Model 10General Motors has unveiled the Chevrolet Volt electric vehicle, the much-anticipated combination electric-gasoline that will be able to run up to 40 miles without using its small gasoline engine to produce electricity. The Volt will be driven by electricity stored in a large T-shaped lithium-ion battery pack running the length of the car. After charging for several hours, the Volt will be able to operate about 40 miles without using gasoline.

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GM Plans To Invest $500 Million For New Economy Car, Cruze

GM Plans To Invest $500 Million For New Economy Car, Cruze 11In its elaborate plans to appease consumers’ changing buying choices, General Motors Corporation will invest more than half a billion dollars in its Ohio manufacturing plant. It’s where Chevrolet will assemble the Cruze, its new compact vehicle set to debut in the United States as a 2011 model.

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OnStar, MapQuest Union: Nirvana For Marriages And Directionally Challenged?

OnStar, MapQuest Union: Nirvana For Marriages And Directionally Challenged? 13Maybe it’ll finally mean marital driving bliss? Or a new confidence boost for the directionally challenged? General Motor’s OnStar division has signed a deal with online company MapQuest.

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