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Tag Archives: GM
GM Says No To More Taxpayer Funding. Withdraws Federal Loan Application for Advanced Technology Vehicles
General Motors today announced it is withdrawing its $14.4 billion application for direct loans from the U.S. Department of Energy (DOE) that it submitted in October of 2009 after it had emerged from bankruptcy. Continue reading
Posted in auto news, results
Tagged advanced technology vehicles manufacturing loan program, auto informed, auto news, autoinformed, autoinformed.com, automotive news, doe, energy independence and security act, GM, gm bailout, gm bankruptcy, gm doe loans, Ken Zino, section 136 loan, zino
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General Motors Declares Quarterly Dividend on Preferred Stock
General Motors Company (NYSE: GM, TSX: GMM) today announced that its Board of Directors declared a quarterly dividend of $0.647 per share on its Series B mandatory convertible junior preferred stock. Continue reading
GM Invests in Envia Systems’ Battery Cathode Material
General Motors Ventures LLC has invested $7 million in Envia Systems get access to what is said to be an advanced lithium-ion cathode technology that delivers a battery with higher cell energy density and lower cost. Continue reading
GM to Add Back 750 Jobs at Flint Assembly for Pickup Trucks
General Motors today announced plans to start a third shift at Flint Assembly, adding back 750 jobs in the plant that makes Chevrolet Silverado and GMC Sierra heavy-duty pickups.
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Akerson Reorganizing GM Again! Product Development Split. Vice Chairman Stephens Moved to Chief Technology Officer
The new CTO position was said to be a “major element of Akerson’s goal to make the company more customer driven and technology focused.”
However, the previous GM technology position occupied by Larry Burns was in practicality more of academic exercise that produce reams of press releases extolling the virtues of fuel cells and other advanced technologies that had no immediate production prospects, and did not connect GM to customers or advance sales as the company sped toward bankruptcy. Continue reading
GM Donates First LSX454R Crate Engine to Charity
GM Performance Parts (GMPP) will auction the first production LSX454R crate engine at the Barrett-Jackson Scottsdale event this Friday, with the proceeds going to the American Heart Association. Over the years, GM and the GM Foundation have contributed more than $1 … Continue reading
Posted in auto news, marketing, racing
Tagged auto informed, auto news, auto racing, autoinformed.com, automotive news, drag racing, GM, GM Performance Parts, Ken Zino, LSX454R Crate Engine, zino
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EU Auto Sales Slump Continues in 2010 for Third Straight Year
The European passenger car market shrank for the third straight year in 2010, with registrations declining by 5.5%, from 2009, according to the latest data just released from ACEA, the automakers’ trade group in the EU. Continue reading
Posted in auto news, economy, results, sales
Tagged auto informed, auto news, autoinformed.com, automotive news, BMW, daimler, eu, eu 2010 results, eu auto rankings, eu results, eu share, Fiat, Ford, GM, Ken Zino, nissan, PSA, Renault, results, sales results, toyota, vw, zino
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General Motors Licenses Argonne Developed Battery Technology. Taxpayers Are Also Subsidizing the Koreans!
General Motors and the U.S. Department of Energy’s Argonne National Laboratory said today they have reached a worldwide licensing agreement to use a battery technology that lasts longer and can accept higher charging voltages. The U.S. Government also announced that … Continue reading
U.S. Sales to Jump to 13 Million in 2011, GM Predicts
GM predicts that the total U.S. vehicle market in 2011 will be in the 13-13.5 million range, including medium and heavy duty trucks, up from a projected 11.8 million in 2010. Don Johnson, vice president of U.S. sales operations provided … Continue reading
Posted in auto news, economy, results, sales
Tagged 2011 auto sales, auto informed, auto news, autoinformed.com, automotive news, GM, gm 2011 sales projection, gm stock, Ken Zino, results, sales, us sales, zino
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BP Oil Spill Spawns Chevrolet Volt Plastic Parts
General Motors announced this morning that it has a process to convert the boom material used to soak up spewing oil in the Gulf of Mexico from the BP Oil spill disaster into plastic parts for its Chevrolet vehicles. The ongoing project is expected to create enough parts to supply the first year of production of the Chevrolet Volt hybrid vehicle that has just gone on sale. Continue reading
Redesigned Models Offer Automakers the Best Chance to Increase Buyer Consideration
A redesigned new model is an automaker’s best opportunity to change the perceptions of the past, according to a new study released today that analyzes the reasons auto buyers fail to consider – or avoid – particular models when shopping for a new vehicle. Continue reading
Posted in auto news, customer satisfaction, new vehicle, results
Tagged auto informed, auto reputation, autoinformed, autoinformed.com, buyer consideration, cadillac srx, Chevrolet, chrysler, customer satisfaction, Dodge, ford taurus, GM, gmc, j.d. power and associates 2010 avoider study, jeep, Ken Zino, kerri wise, kia sorento, ram, zino
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World Car – 2011 Buick Regal
Buick Regal sales since a late summer U.S. introduction – 9,000 to date- and 2,000 sales in November are a start, but honestly more time is needed to see if the sedan is an enduring success at the GM division that U.S. Treasury Department officials wanted to kill during GM’s forced and well earned bankruptcy. Continue reading
Posted in auto news, new vehicle, road test, sales
Tagged auto informed, autoinformed, autoinformed.com, buick, buick regal, GM, Ken Zino, mid-size car, new car, opel insignia, Oshawa, regal gs, regl csx, Rüsselsheim, zino
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Driving the Cadillac CTS-V Coupe
It’s surprising when the president of an auto company appears at a race track to drive a car he actually worked on as an engineer. It’s embarrassing, though, when he’s as fast, well frankly faster, than any hot shoe out there. Continue reading
Posted in auto news
Tagged amg mercedes, audi rs, auto informed, auto marketing, autoinformed, autoinformed.com, bmw m series, Cadillac CTS, cts coupe, cts v coupe, general motors, GM, Ken Zino, luxury cars, super cars
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