Tag Archives: GM

Chevrolet Miray Voted Best Concept at Seoul Motor Show

Posted on 7 April 2011 by Ken Zino

The Chevrolet Miray was named Best Concept Car at the 2011 Seoul Motor Show. Journalists attending the show voted their favorite cars in three categories: Best Concept Car, Best Green Car and Best Passenger Car. The Miray, which made its world premiere in Seoul, received the most votes among concept cars on display.

The Miray roadster is significant because it was developed at the General Motors Advanced Design Studio in Seoul, increasingly the source of small car work for the U.S. based and taxpayer owned GM. Continue reading →

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General Motors India Strike Continues at Cruze and Aveo Plant

Posted on 6 April 2011 by Ken Zino

More than 1,000 workers at the General Motors Halol plant in Gujurat State, India have been on strike for the last three weeks in an increasingly bitter struggle that has seen the workers forcibly ejected from the plant after the government declared the strike illegal. It was reminiscent of UAW sit down strikes during 1936-37 in Michigan. Continue reading →

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GM Sells its Stake in Delphi Automotive for $3.8 Billion

Posted on 31 March 2011 by Ken Zino

General Motors Company (NYSE: GM) late today announced the sale of its Class A Membership Interest in Delphi Automotive LLP (Delphi) back to Delphi for $3.8 billion. Continue reading →

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Ally, formerly Bankrupt GMAC, Files With SEC for IPO

Posted on 31 March 2011 by Ken Zino

Ally’s is one of the leading suppliers in the U.S. of wholesale dealer loans, and is the leading retail provider of vehicle finance. Ally’s taxpayer-financed bailout remains a vital aspect to the thus far successful reorganizations of General Motors and Chrysler. U.S. (and Canadian taxpayers) have large interests in those recovering automakers, as well. Continue reading →

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Chevrolet Miray Hybrid Electric Debuts at Seoul Motor Show

Posted on 31 March 2011 by Ken Zino

Chevrolet introduced the Miray concept hybrid electric vehicle at the 2011 Seoul Motor Show today. The roadster is significant because it was developed at the General Motors Advanced Design Studio in Seoul, increasingly the source of small car work for … Continue reading →

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Japanese Earthquake Shuts GM Truck Plant in U.S.

Posted on 18 March 2011 by Ken Zino

General Motors is the first auto company to announce that it will stop production at a U.S. plant due to a parts shortage resulting from Japan’s tripe tragedies of earthquake, tsunami and nuclear meltdowns.

GM’s Shreveport Assembly in Louisiana will be closed next week. Continue reading →

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Another GM Top Management Change as CFO Liddell Resigns

Posted on 10 March 2011 by Ken Zino

It appears that the outside financial gunslingers brought in by Treasury – notably Ed Whitaker retired from ATT and Chris Liddell from Microsoft had short term personal goals as to how long they would run the historic and now recovering auto giant. This begs the question as to how long the current CEO Dan Akerson, who came from Wall Street, will stick around, and puts a stop to speculation that Liddell, 52, was the obvious heir apparent for Akerson’s job. Continue reading →

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China Rules as GM Sets February Sales Record

Posted on 2 March 2011 by Ken Zino

General Motors and its eleven government-mandated Chinese joint ventures sold 184,498 vehicles in February, setting a new record for the month, but not, repeat not, outperforming its amazing sales of 207,000 in its home U.S. market. Continue reading →

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General Motors, Toyota Post Huge February Sales Gains as SAAR Soars to 13.4 Million. Ford and Chrysler Losing Ground?

Posted on 2 March 2011 by Ken Zino

U.S. vehicle sales in February jumped to a surprising 13.4 million units on a seasonally adjusted annual rate (SAAR) as easier credit, liberal incentives and rising truck sales boosted the market. The clear winners were a resurgent General Motors and … Continue reading →

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General Motors to Introduce 20 New Models in China, Add Jobs

Posted on 15 February 2011 by Ken Zino

The world’s largest auto market, China, has been good to General Motors, the world’s largest automaker. So no surprise when General Motors Chairman and CEO Dan Akerson said today in Beijing that GM will introduce more than 20 new and upgraded models during the next two years, as well as strengthen Chinese product development capability. Continue reading →

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CAR Says Electric Vehicles Will Follow the Incentives at the Federal, State and Local Levels. Budget Battles Loom?

Posted on 12 February 2011 by Ken Zino

Executive summary – taxpayer money on the hood moves the sheet metal, but auto company press release predictions are dubious. Continue reading →

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General Motors Joins Toyota in Helping Child Injury Group

Posted on 11 February 2011 by Ken Zino

General Motors has joined the advisory board of the Center for Child Injury Prevention Studies (CChIPS) at the Children’s Hospital of Philadelphia Research Institute. GM researchers will help CChIPS faculty in a study aimed at improving safety belt performance and decreasing the child injury rate during vehicle crashes. Continue reading →

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General Motors Sets January Vehicle Sales Record in China

Posted on 11 February 2011 by Ken Zino

General Motors had a record sales month in China in January, as GM’s two largest manufacturing joint ventures new monthly highs for vehicle sales in the world’s largest auto market of more than 18 million vehicles. It’s a continuation of GM’s strong performance in China during 2010, where it sold more cars and trucks than it did in the U.S. Continue reading →

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Chevrolet Volt Hybrid Available Nationwide By End of 2011

Posted on 27 January 2011 by Ken Zino

Chevrolet said today that it is moving up the national rollout of the Volt hybrid to the end of this year instead of 2011. The latest development for the increasingly popular four-seat car comes closely after General Motors decided to increase Volt production for at least the second time in four months. Continue reading →

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