As the U.S. Treasury Department looks to sell off its remaining shares of General Motors stock, its April report to Congress stated that it has sold 58.4-million shares so far this year, earning net proceeds of $1.6 billion.
Auto News
AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
General Motors is hiring roughly 100 retired engineers to watch its supplier base as the American automaker launches its new full-size pickup trucks.
Last December, the U.S. Department of Treasury announced that it would sell of its remaining shares of General Motors within the next 12 to 15 months.
Cadillac is beefing up its certified pre-owned program in anticipation of a surge in available off-lease vehicles.
General Motors plans to buy “Factory One,” a 133-year-old building in Flint, Mich. that officials says was the maker’s birthplace.
There’s a problem with the Chevy Volt says General Motors CEO Dan Akerson; the American automaker is losing money on every one of them. That, however, will change with the second-generation model, he says, as will the price which could drop by as much as $10,000.
General Motors pulled a commercial for the Chevrolet Trax after one Chinese newspaper called it racist.
General Motors announced today that it was the first automaker to sign a climate declaration acknowledging that responding to climate change is “good business.”
With four new plants planned for China by 2015, General Motors may look to begin exporting some of those models to sell in America.
General Motors announced today that OnStar’s First Assist service is accredited for emergency medical dispatching (EMD).
Mid-size truck buyers have something to look forward to next year from General Motors, although it’s probably not what they would expect.
General Motors has announced that it will returning to advertising on Facebook after an 11-month breakup.
General Motors has began notifying 778,956 owners of various vehicles that they will need more frequent oil changes due to high warranty claims on several models.
Rumors behind General Motors resurrecting the “Chevelle” nameplate have been tossed around the last couple of years, and now the American automaker has filed a trademark for the name.
Chevrolet unveiled a surprise today at the 2013 New York Auto Show when it announced the Z/28 nameplate’s revival.
Starting Thursday, March 28, Chevrolet will offer a limited run of NHRA-certified rolling chassis designed for drag racing.
Pictures of the 2014 Cadillac CTS just leaked ahead of the car’s scheduled debut at the 2013 New York Auto Show.
As automakers continue to strive towards improving fuel economy across its lineup, General Motors is considering a smaller, lighter-weight three-cylinder engine for its Chevrolet Volt and Cadillac ELR models.
The Camaro is Chevrolet’s red, white and blue ponycar. It’s as American as gun ownership and obesity and it’s just been confirmed that a refreshed version of this rear-wheel-drive performance machine will debut at the New York International Auto Show in just a couple weeks.
General Motors just announced that it will outfit its vehicles with 4G LTE mobile broadband connection, which would effectively make each car a mobile hotspot.
General Motors has announced that it has joined the Solar Energy Industries Association (SEIA), joining other renewable energy advocates to support a stronger U.S. solar industry.
The old addage “win on Sunday, sell on Monday” seems to apply to more than just racing. After being named the 2013 North American Car of the Year, the Cadillac ATS sport sedan has helped the American luxury brand have its best sales month in 23 years.
January may be the middle of winter but GM was able to rebuke the cold weather with red-hot sales. The company delivered nearly 195,000 units in the U.S., a 16 percent increase compared to the same month last year.