General Motors

NHTSA steps up inquiry into defective Takata airbags

7:39 pm U.S. ET | Oct. 29, 2014
More than 18 months after Honda and other automakers announced recalls to fix exploding airbags, U.S. regulators are now asking the companies to speed up repairs.In letters today to 10 automakers, the National Highway Traffic Safety Administration asked for details about how the companies are reaching nearly 8 million affected consumers and what is being done for people who are afraid to drive their cars.... Read More »

 

Lawmakers ask GAO to review NHTSA actions

4:47 pm U.S. ET | Oct. 29, 2014
Bipartisan leaders of a key House committee have asked Congress' independent watchdog arm for a review of the National Highway Traffic Safety Administration amid escalating concern over the agency's handling of the General Motors ignition switch and Takata airbag recalls.... Read More »

 

GM takes charge of its branded F&I products

6:53 am U.S. ET | Oct. 29, 2014
General Motors is bringing the sales of its branded F&I products in-house, taking over responsibility from captive finance company GM Financial, in a move designed to give those sales a shot in the arm and get those products on more GM dealerships' radar.... Read More »

 

Captives see big rise in leases

7:10 am U.S. ET | Oct. 29, 2014
Leases accounted for almost half of GM Financial originations in the United States and Canada in the quarter. That's a big increase for the GM captive finance company and part of an industry trend that carried leasing to new highs. Last week, Ford Motor Credit Co. also reported an increase in leasing during third quarter.... Read More »

 

VW closes sales gap with Toyota in race for No. 1

Oct. 29, 2014 11:56 CET
VW Group has narrowed its global sales gap with market leader Toyota as the world's two largest automakers enter the fourth quarter in a tight race for the industry's top spot. VW Group trailed Toyota by 72,000 vehicles after nine months.... Read More »

 

GM says new Chevy Volt will be quicker and quieter

12:01 am U.S. ET | Oct. 28, 2014
The next-generation Chevrolet Volt plug-in hybrid will be quicker off the line, quieter and go farther in electric mode than its predecessor, General Motors engineers said today.... Read More »

 

RICHARD TRUETT

Why the stick shift's days may be numbered

9:00 am U.S. ET | Oct. 28, 2014
Two cars I have test driven recently finally convinced me the good old-fashioned manual transmission will soon be dead.... Read More »

 

Toyota's global sales rise 3% as race with VW tightens

Oct. 27, 2014 12:38 CET
Toyota said worldwide sales climbed 3 percent through September as the carmaker battles VW Group to be the global No. 1. Toyota is benefiting from strong growth in the U.S. while VW Group is getting a big boost from China.... Read More »

 

OCTOBER U.S. AUTO SALES

U.S. auto sales projected to rise 6% in Oct. to highest total in a decade

1:35 pm U.S. ET | Oct. 27, 2014
New light-vehicle sales are expected to rise about 6 percent in the United States this month from last October to about 1.27 million vehicles, according to three forecasts. It would be the highest October sales volume since 2004.... Read More »

 

Cadillac convertible is back on the table, execs tell dealers

12:01 am U.S. ET | Oct. 27, 2014
Cadillac is considering a convertible that would be built on the platform that underpins the CTS and ATS sedans, General Motors executives recently told dealers.... Read More »

 

THE GM RECALL

Deaths linked to GM's ignition switch rise to 30

12:08 pm U.S. ET | Oct. 27, 2014
A program to compensate victims of mishaps caused by a faulty ignition switch in General Motors' vehicles has approved one new death claim, bringing the total number of deaths linked to the switch so far to 30, according to a report released today.... Read More »

 

Lunch with Barra? That's $100,000

12:01 am U.S. ET | Oct. 27, 2014
General Motors shares may be down from their 2014 peak as investors fret about recalls, Europe and prospects for higher U.S. discounts, but Mary Barra's star power remains high.... Read More »

 

GM plans to build on growth of minority-owned stores

12:01 am U.S. ET | Oct. 27, 2014
General Motors added 21 minority-owned dealerships to its network so far this year, with plans to add a "couple more" this month and perhaps more by year end, said Eric Peterson, GM's U.S. vice president of diversity dealer relations.... Read More »

 

KEITH CRAIN

The recall process must change

12:01 am U.S. ET | Oct. 27, 2014
We have had two cases involving defective parts so bad that one potential solution has been for owners to park their cars. That is indeed a drastic remedy. We have to figure out a better way of handling recalls.... Read More »

 

LETTER TO THE EDITOR

How to get off on the wrong foot

12:01 am U.S. ET | Oct. 27, 2014
I am neither an "armchair marketing expert" nor an indignant Detroit soul, but I do know arrogance when I see it, and I know what it takes to build teams.... Read More »

 

LETTER TO THE EDITOR

All Cadillac needs is superior product

12:01 am U.S. ET | Oct. 27, 2014
I could not agree with Keith Crain more about Cadillac ("Cadillac is making big mistakes," Oct. 6). I was wondering myself: What are these people thinking? First they lose the wreath from the shield to make it more hip and now copycat BMW and Mercedes-Benz.... Read More »

 

Cadillac full speed ahead in China

12:01 am U.S. ET | Oct. 25, 2014
Despite slowing sales growth in China, General Motors is doubling down on the country with a bold expansion plan that could make it Cadillac's biggest market within six years. The investment blitz channels $14 billion into China, the world's biggest car market, from 2014 through 2018 to open five new factories.... Read More »

 

GM wins appeal, dismissal of Spyker lawsuit upheld

2:48 pm U.S. ET | Oct. 24, 2014
GM persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.... Read More »

 

Opel on track to achieve turnaround, GM says

Oct. 24, 2014 12:14 CET
Opel/Vauxhall is on track to achieve a turnaround despite headwinds from Russia and a wider third-quarter loss, parent GM says. New models such as the Corsa will give the division a boost in the months ahead.... Read More »

 

GM to auction equipment from Opel's Bochum factory

Oct. 24, 2014 06:01 CET
GM's Opel unit will auction tooling from its factory in Bochum, Germany. The plant's 50 presses will be sold along with 80 percent of the robots in the body shop.... Read More »

 

GM operating profits fall 14% in Q3 on flat revenue

7:45 am U.S. ET | Oct. 23, 2014
GM's record transaction prices in North America and booming sales in China weren't enough to offset weakness in just about every other region, as the company's third-quarter operating profit fell 14 percent.... Read More »

 

UAW eyes bargaining rights at VW's Tenn. plant within a year

8:05 pm U.S. ET | Oct. 22, 2014
The UAW hopes to be recognized as the exclusive bargaining agent for workers at Volkswagen's assembly plant in Chattanooga within a year, union President Dennis Williams said Wednesday.... Read More »

 

List of 7.8 million vehicles involved in the Takata airbag recalls

6:50 am U.S. ET | Oct. 22, 2014
Owners of the following vehicles are being urged to act immediately on recalls involving potentially defective airbags made by Takata, according to a corrected list distributed late Tuesday by the National Highway Traffic Safety Administration.... Read More »

 

GM will warn some Saab, Pontiac owners not to allow front passengers

Oct. 22, 2014 12:47 CET
General Motors will warn some owners of Saab 9-2X and Pontiac Vibe hatchbacks in the U.S. not to allow front-seat passengers until defective air bags are replaced as part of a wider recall that involves 6.1 million cars.... Read More »

 

Deaths linked to GM ignition-switch defect rise to 29

11:16 am U.S. ET | Oct. 20, 2014
The program to compensate victims of a faulty ignition switch in GM vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by the lawyer overseeing the program.... Read More »

 

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Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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