General Motors Newswire

Comprehensive Real-Time News Feed for General Motors.

Results 1 - 20 of 3,849 in General Motors

  1. Next-gen Chevy Volt gets Corvette looks, adjustable regen levelsRead the original story w/Photo

    2 hrs ago | Autoblog

    ... identity crisis, all in a day's work analyzing the new Chevrolet Volt . The next-generation version of General Motors' first extended-range plug in will include design touches taken from to the new Chevrolet Corvette , GM's iconic sports car. ...

    Comment?

  2. Bailouts Actually Yielded $15 Billion in ProfitsRead the original story w/Photo

    8 hrs ago | Political Wire

    "Six years after President George W. Bush began the auto bailout, the Obama administration on Friday declared a profitable end to the sweeping federal interventions in Wall Street and Detroit, saying a final sale of stock from General Motors' former finance arm had closed a turbulent chapter of the financial crisis, the "In all, through TARP and other efforts, taxpayers injected $426.35 billion into banks and auto companies. The sale of stock and interest payments brought in $441.7 billion."

    Comment?

  3. US exits Ally Financial investment, auto bailoutRead the original story w/Photo

    8 hrs ago | The Wichita Eagle

    ... Ally. That makes it the first portion of the Obama administration's auto industry bailout to return a profit. General Motors received $49.5 billion from Treasury's Troubled Asset Relief Program. When the government sold its last GM shares about a ...

    Comment?

  4. U.S. auto recalls top 60 million as response to defects shiftRead the original story w/Photo

    10 hrs ago | Automotive News

    GM alone has recalled almost 27 million cars and trucks in the U.S. this year -- a record for any single automaker. WASHINGTON/DETROIT -- U.S. automobile recalls surpassed the 60 million mark for the first time in a single year, largely because of the rush to prevent more deaths from defective General Motors ignition switches and Takata Corp. airbags.

    Comment?

  5. US signals an end to bailouts of automakers and Wall StreetRead the original story w/Photo

    10 hrs ago | Worcester Telegram & Gazette

    The Obama administration declared a profitable end to the Wall Street and auto bailouts Friday, saying a final sale of stock from what was once General Motors' finance arm had closed a turbulent six-year chapter of the financial crisis. Treasury Secretary Jacob J. Lew said that while profit was not the motive to bail out Detroit and Wall Street, "it is important to note we recovered more than we disbursed."

    Comment?

  6. On Native GroundNOW, the Economy; Later, the DeficitsRead the original story

    14 hrs ago | American Reporter

    ... contempt for the workers. Dozens of columnists and tv pundits spread the myth that the average auto worker at General Motors, Ford, and Chrysler earns $70 an hour - about $146,000 a year. That figure, supplied by executives at the Big Three, ...

    Comment?

  7. U.S. signals an end to bailouts of automakers and Wall StreetRead the original story

    22 hrs ago | St. Petersburg Times

    The Obama administration declared a profitable end to the Wall Street and auto bailouts Friday, saying a final sale of stock from what was once General Motors' finance arm had closed a turbulent six-year chapter of the financial crisis. Treasury Secretary Jacob J. Lew said that while profit was not the motive to bail out Detroit and Wall Street, "It is important to note we recovered more than we disbursed."

    Comment?

  8. Auto bailout officially overRead the original story w/Photo

    Yesterday | ClickOnDetroit

    ... WRONG. IT DIDN'T TAKE LONG FOR STEVE RATNER WITH THE PRESIDENT WHO DID NOT HAVE GRAY HAIR AT THE TIME TO RUN GENERAL MOTORS AND CHRYSLER THROUGH QUICK RINSE BANKRUPTCY AND SPEND BILLIONS MORE PROPPING UP THE REST OF THE TROUBLED INDUSTRY. TODAY ...

    Comment?

  9. Cadillac SRX added to GM Holiday Sales EventRead the original story w/Photo

    Friday | PRWeb

    ... announced the addition of Cadillac SRX to the eligible models available during its current promotion with General Motors. A high volume of requests by Costco members for existing Cadillac models currently offered through the program prompted the ...

    Comment?

  10. Dirty River Boys return to El Paso for hometown showRead the original story w/Photo

    Thursday | Las Cruces Sun-News

    ... about. But (Stearns) played it like 'Animal' from the Muppets. And we wanted to rock out." The furor over General Motors' deadly ignition switch has the potential to doom the car key, a technology drivers have been using for 65 years. Billionaires, ...

    Comment?

  11. Ally's six-year bailout ends after U.S. sells $1.28 billion stakeRead the original story w/Photo

    Thursday Dec 18 | Automotive News

    ... advance of the Russell 1000 Financial Services Index. The firm, known as GMAC when it was the finance arm of General Motors, won Federal Reserve approval to become a bank holding company in December 2008. The change enabled it to tap the U.S. ...

    Comment?

  12. Destino's VL Automotive merges with GreenTech AutomotiveRead the original story w/Photo

    May 6, 2014 | Autoblog

    ... corporate headquarters in McLean, Virginia. VL Automotive was founded by Robert A. Lutz, former Chairman of General Motors, and Gilbert Villarreal, automotive engineer and industrialist. Villarreal will join GTA's executive team as its Chief ...

    Comment?

  13. Ally's Six-Year Bailout Ends as U.S. Sells Remaining StakeRead the original story

    Friday | The Washington Post

    ... advance of the Russell 1000 Financial Services Index. The firm, known as GMAC when it was the finance arm of General Motors Corp., won Federal Reserve approval to become a bank holding company in December 2008. The change enabled it to tap the U.S. ...

    Comment?

  14. Most Active Options: Tesla Motors Inc (TSLA), Ford Motor Company, and General Motors CompanyRead the original story

    Friday | SchaeffersResearch.com

    ... which hasn't been conquered on a monthly closing basis since January. As with fellow Detroit darling Ford, General Motors Company's proverbial dance card remains full. The equity's 50-day ISE/CBOE/PHLX call/put volume ratio of 2.90 is just 2 ...

    Comment?

  15. TARP Is Finished With Ally FinancialRead the original story w/Photo

    Friday | Investor's Business Daily

    Taxpayers received a total of $19.6 billion on the Ally investment, which is $2.4 billion more than the $17.2 billion that the federal government sank into the troubled company during the depths of the recession in December 2008. As of Nov. 30, the Treasury Department has recovered $440.4 billion - or 103.2% of the dispersed TARP funds - in the program's proceeds, federal officials said.

    Comment?

  16. U.S. Sells Off Last Major TARP Investment, 6 Years OnRead the original story w/Photo

    Friday | TIME.com

    The U.S. has finally sold off its remaining major investment in the Troubled Asset Relief Program, six years after beginning to bail out auto companies, banks and financial institutions in the depths of the Great Recession. The Treasury Department announced Friday that it will sell its remaining stake in Ally, the former financing division of General Motors, capping the end of its last major TARP investment and the auto rescue program.

    Comment?

  17. Government selling last stake in Ally FinancialRead the original story w/Photo

    Friday | MLive.com

    The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis. Detroit-based Ally said Thursday that the Treasury Department is selling its remaining 54.9 million shares.

    Comment?

  18. GM's bankrupt predecessor helps customers get the $10 billion compensationRead the original story w/Photo

    Friday | INAUTONEWS

    General Motors customers gained a new friend in their run for the compensation worth $10 billion. The automaker's bankrupt predecessor says that the ignition switch defects were illegally hidden from the GM drivers since 2009.

    Comment?

  19. The Zacks Analyst Blog Highlights: Ford Motor, General Motors, Honda...Read the original story

    Friday | WJRT

    ... financial markets. Stocks recently featured in the blog include the Ford Motor Co. (NYSE: F - Free Report ), General Motors Company (NYSE: GM - Free Report ), Honda Motor Co., Ltd. (NYSE: HMC - Free Report ), Tesla Motors, Inc. (Nasdaq: TSLA - Free ...

    Comment?

  20. Automakers stop sales amid their 'major pain'Read the original story w/Photo

    Friday | The Winnipeg Free Press

    General Motors, Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that a timeout is the best way to deal with the ruble's collapse. Automakers are battling a more than 40 per cent drop in the value of the ruble since June, Russia's biggest financial crisis since 1998.

    Comment?