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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 […]

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 […]

Lions, Tigers and Bears (and Robots and iPads), Oh My! (QUAN)

It often seems that the mere mention of Apple’s (NASDAQ: AAPL) iPad or iPhone is enough to drive OTC stocks upwards, often rapidly. This was the case today when Quantum Mechanical (OTC: QUAN) released a second press release in as many days that focused on iPad integration with its robotics initiatives. The stock bolted following the […]

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