General Motors

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Automakers Pushing 'Connected' Cars

Gizmos proliferate amid concerns on distracted driving

(Newser) - Imagine cruising down the highway at 65mph while checking tweets, buying movie tickets online, or booking reservations at a restaurant. This scenario is the not-too-distant future of driving, reports the Wall Street Journal , as auto manufacturers seek to design an innovative "connected car" full of Internet-accessible gadgetry. The push...

Taxpayers Still Have $132.9B Stuck in TARP

Government trying to unwind stock without losing on the deal

(Newser) - The Treasury Department has had a tough time selling off some of the stock it took on in exchange for TARP bailout funds, meaning taxpayers are still on the hook for some $132.9 billion—some of which they may never get back, according to a report released today by...

GOP: Obama Hid Volt Fires
 GOP: Obama Hid Volt Fires 
Jan 25, 2012 11:17 AM CST

GOP: Obama Hid Volt Fires

They say NHTSA delayed announcing investigation

(Newser) - Congressional Republicans intend to accuse the National Highway Traffic Safety Administration of purposely delaying an announcement about the Chevy Volt's battery fire troubles because President Obama is politically tied to General Motors, and the Volt in particular. The Volt experienced its first fire last June, but the NHTSA didn’...

GM Reclaims World's No.1 Spot

2011 disasters knock Toyota into 3rd place

(Newser) - General Motors is back on top of the world less than three years after its bankruptcy and restructuring. The company is once again the world's top-selling automaker, with 9 million sales worldwide in 2011, almost a million more than second-placed Volkswagen. Toyota, which took top spot from GM in...

GM Ready to Fix Your Volt
 GM Ready to 
 Fix Your Volt 
Jan 5, 2012 2:26 PM CST

GM Ready to Fix Your Volt

Dealers will shore up protection around battery to prevent fires

(Newser) - Worried about battery fires in your Chevy Volt? Soon, you'll be able to bring the car to a dealer for a fix, GM says. The company will ask the owners of 8,000 of the cars to bring them to dealerships, the AP reports; technicians will then beef up...

Tsunami Survivors: Nissan Leaf Batteries

Two dozen cars destroyed, but batteries came through safely

(Newser) - Nissan is getting some good news from the tsunami that devastated Japan in March: Two dozen of Nissan's new Leaf were destroyed, but unlike the Chevrolet Volt , their heavily shielded batteries did not catch fire and remained intact. “Considering how they were tossed around and crushed, we think...

Saab Declares Bankruptcy
 Saab Declares Bankruptcy 
Dec 19, 2011 7:19 AM CST

Saab Declares Bankruptcy

GM vetoes deal involving Chinese company

(Newser) - Saab finally threw in the towel today, after former owner General Motors once again vetoed a rescue plan involving China’s Zhejiang Youngman Lotus Automobile. Saab’s current owner, Swedish Automobile, filed for its bankruptcy, saying that "the company, without further funding, will be insolvent, and that filing bankruptcy...

Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

(Newser) - Americans may be worried about the economy, but they still need to get where they’re going. Auto sales beat expectations last month, rising 14% to 994,721, their fastest sales pace since August 2009, reports the AP . Chrysler led the pack: The automaker’s sales jumped 45%, Reuters reports....

GM: We'll Buy Back Your Volt

CEO makes offer to those worried about fires

(Newser) - General Motors says it's willing to buy back its Chevrolet Volts from any customer concerned by fires in crash tests . If needed, the auto giant also is prepared to conduct a recall of the 6,000 Volts currently on the road, Dan Akerson tells the AP . The company would...

GM Gives Volt Owners Loaners as It Investigates

Says fires may be caused by electronic problem

(Newser) - As the US investigates the Chevy Volt following fiery crash tests , General Motors will lend cars to current owners of the electric vehicles, the Wall Street Journal reports. Meanwhile, the company is working to fix the problem. It believes the fires aren’t caused by overheating chemicals, but rather, that...

US Probing Chevy Volt Battery Fires

In testing, more batteries cause concern

(Newser) - New fires involving the lithium-ion batteries in General Motors Co.'s Chevrolet Volt have prompted an investigation to assess the risk of fire in the electric car after a serious crash, the National Highway Traffic Safety Administration says. One Volt battery pack that was being closely monitored following a...

GM to Reopen Tennessee Factory in UAW Deal

Workers win $5,000 signing bonus in 4-year pact

(Newser) - Details are emerging from the deal for a four-year contract struck last night by GM and the UAW. Both sides seemed pleased with the deal, the first since the government bailout and one that will serve as a model for the UAW's talks with Ford and Chrysler, notes the...

GM Teams With LG on Electric Cars

Electronics maker to do more than just provide batteries

(Newser) - Hot on the heels of news of the Ford-Toyota deal , we’ve got word of a far stranger electric car pact: General Motors has agreed to a deal to co-develop cars with LG Group, the Wall Street Journal reports. The consumer electronics company already makes the battery for the Chevy...

Plug-In Cadillac ELR, Based on Converj, Announced by GM
 Here Comes the Plug-In Cadillac 
Aug 18, 2011 11:15 AM CDT

Here Comes the Plug-In Cadillac

It'll use the same drive train as the Chevy Volt

(Newser) - Looking to ride like an environmentally conscious gangster? Well good news: GM has officially greenlighted its long-rumored plug-in Cadillac, sporting a slightly suped up version of the Chevy Volt’s drivetrain. It’ll be based on the Cadillac Converj concept car it first showed off two years ago , though it’...

Whopping 125 Chevy Volts Sold Last Month

GM's electric car not exactly electrifying the country: Jonathan Last

(Newser) - If you're in the market for a car no one else has, try the Chevy Volt. GM's July sales figures are out, and a piddling 125 Volts were sold. Writing for the Weekly Standard, Jonathan Last goes on to share his favorite bit of GM news: To keep...

GM's 'Pod Cars' to Steer Themselves ... One Day

EN-V can be paged with a smartphone, but it's at least 10 years away

(Newser) - Move over, Volt: GM’s got an even more futuristic concept car on the way, and Fast Company has the latest. The Electric Network-Vehicle (EN-V) is an electric car that steers itself via GPS. A prototype was unveiled last year, and rumors have been swirling that a production date had...

GM Recalls 47K Cadillac SRXs Over Faulty Air Bags

Passengers in the rear might be at risk

(Newser) - General Motors is recalling more than 47,000 Cadillac SRX crossover vehicles in the US because of a problem with the passenger side air bags. The vehicle’s right-side head protection air bag won't inflate in a crash if no one is in the front seat, said the National...

Car Crash Victims Screwed by Auto Bailouts

GM and Chrysler were freed from most of their legal responsibilities

(Newser) - When the government bailed out Chrysler and GM, it freed them from most of their prior legal obligations—including billions owed to the victims of crashes involving defective cars, the Wall Street Journal reports. Though the automakers agreed to continue to be liable for new lawsuits stemming from old vehicle...

Obama Should Campaign on Auto Bailout
Obama Should Campaign
on Auto Bailout 
OPINION
May 17, 2011 1:26 PM CDT

Obama Should Campaign on Auto Bailout

Some Republicans were ready to let GM, Chrysler die: Jonathan Cohn

(Newser) - Barack Obama reportedly plans to make the auto bailout a key part of his reelection campaign, and Jonathan Cohn of the New Republic thinks that’s a great idea. Chrysler and GM are in much better shape, he argues—GM in particular is “reporting big profits, it is winning...

GM Doubles Estimates, Hits $3.2B Profit

Fifth-straight quarterly profit for automaker

(Newser) - That whole restructuring thing continues to be working out well for General Motors: The auto behemoth posted $3.2 billion in first-quarter profits today, including a $1.5 billion one-off from the sale of its share of Delphi and its stock in a former in-house lender. The number soundly beat...

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