Posts Tagged ‘General Motors’
General Motors Co. plans to build a new midsize Chevrolet truck in Thailand for export to Europe and parts of Southeast Asia as the brand makes its first push into the two regional pickup markets.
GM expects to sell at least 100,000 units of the new truck in the first year, with global production of the [...]
General Motors Co. is disclosing that seven executives will get almost $7.5 million in company stock as part of their pay packages.
The executives include North American President Mark Reuss, Vice Chairman for Product Development Tom Stephens and President of GM Europe Nick Reilly, the company said in regulatory filings Monday.
Previously GM had only disclosed a [...]
The 2011 Chevrolet Volt continues to be tested rigorously as it prepares for the launch in the US late this year.
Engineers stated that they have clocked 250,000 miles collectively on test Volts since November, and have driven the extended range electric vehicle in extreme cold weather conditions. Some individual test cars have more than 20,000 [...]
General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands.
The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.
“Saab’s future is now secure,” Spyker CEO Victor [...]
When we think of American cars, we think of huge gas guzzlers that polluted environment and burn also our wallets as well with high fuel bills. But times are changing…
General Motors are now catching up. We knew that they are going to introduce a number of electric cars for the future and now news has [...]