General Motors Company (NYSE:GM) Does What Rivals Cannot Do In the Red-Hot Pickup Market

Boston, MA 10/17/2013 (wallstreetpr) – The supremacy battle for the U.S. pickup truck market is red-hot. But General Motors Company (NYSE:GM) has just added another twist to it that seems a little odd. The automaker has increased the sticker prices of its base 2014 Chevrolet Silverado by around $2,100. This increase is almost 8.5% above the price […]

General Motors Company (NYSE:GM) Inaugurates Its New Stamping Plant

Boston, MA 10/15/2013 (wallstreetpr) –  As the workers go about their daily work, one can come to appreciate the buzz and activity at the new stamping plant of General Motors that is based at Arlington, Texas. A stamping machine does the work of applying about 200 tons of pressure on a sheet of metal and […]

Opel from General Motors Company (NYSE:GM) Geared Up To Invest 175 Million Dollars In German Car’s Parts

Boston, MA 10/14/2013 (wallstreetpr) – General Motors Company (NYSE:GM) Brand Opel which is suffering from huge losses is all set to make an investment worth 130 million Euros or 175 million dollars. According to a statement issued by Opel on Wednesday, this investment is being made in their German Engine and parts plant which is housed […]

GM (NYSE:GM) and Its Chinese Partner Opens New Plant In China – GM, TSLA, KNDI, SORL, HMC

General Motors Company (NYSE:GM) and its local Chinese partners announced on Monday that it have release a new plant to make cars for its local discount brand Baojun. The new joint venture SAIC-GM-Wuling released the factory on Sunday in southwestern Guangxi province. GM and its partners declared they have invested 8B yuan or about $1.3 […]

Toyota (NYSE:TM) Announces Second Global Recall For Prius Hybrid – TM, GM, F, TSLA, HMC

Toyota Motor Corporation (NYSE:TM) declared on Friday another international recall of 2.77M vehicles following its major recall of 7.43M vehicles previous month. The newest recall engages 14 models including the Prius hybrid and 2000–2006 Corolla compact sedans to facilitate are subject to inspection and fix due to a problem with their steering and water-pump systems. […]

GM (NYSE:GM) Announces Milestone for DMAX Engine Plant – GM, F, HMC, SORL, TTM

General Motors Company (NYSE:GM) reported the milestone on Friday for engine plant, as the Moraine DMAX plant reached the 1.5 million diesel engine production mark this week. A joint venture of GM and Isuzu Motors Ltd., DMAX Ltd was established in 1998. GM initiated the Duramax diesel in the United States in its 2001 model […]

European Unit; CEO of GM (NYSE:GM) Reassures Workers for Work – GM, HMC, F, TM, SORL

Chief executive of General Motors Company (NYSE:GM) has told to employees at the under stress Opel unit that there are signs the firm’s effort to turn about its European operation is starting to work. GM is annoying to make its European business profitable following years of losses. Opel reported on Thursday GM Chairman and CEO […]

General Motors (NYSE:GM) Will Depart One Of Its Venture Capital Unit – GM, F, KNDI, SORL, TM

The U.S. automaker’s chief technology officer declared on Thursday that General Motors Company (NYSE:GM)  will soon way out one of its venture capital unit’s investments, moreover through an IPO or the purchase of that firm by another. GM kicked off its venture capital unit over two years before with a $200M budget to invest in […]

Ford Motor Company (NYSE:F)’s shares slightly up 0.27% on Tuesday after it declared that it leads firms selling $3.4B in asset-backed securities while auto debt dominates the market

The automaker giant is issuing $1.08B of bonds backed by auto loans, people familiar with the transaction reported who asked not to be identified for the reason that terms aren’t public. The people said that GM Financial, which provides loans to buyers with poor credit purchased by General Motors Co. (NYSE:GM), is selling $1B in […]