Search Results for ‘general motors’

General Motors’ autonomous car program got a major boost after Japan-based SoftBank Vision Fund agreed to invest $2.25 billion in GM Cruise Holdings. The automaker expects the funding to help it roll out self-driving cars in 2019. As per the terms of the agreement, once the transaction closes...

GM Makes Money, Closes Factories All over the Midwest, the contents of closed auto factories are being sold to the highest bidders. Here's a look inside one auction. Popular Mechanics BY DAVID KILEY November 15, 2010 General Motors, the "new" General Motors, is out and about these days trying...

Ford pulls ahead of its rivals Fortune By Alex Taylor Octubre 7, 2010 FORTUNE -- General Motors and Chrysler are beginning to make some headway after getting a financial and operational overhaul compliments of the U.S. bankruptcy court. But Ford, operating free of interference by the court or...

GM Said to Approach Sovereign Wealth Funds to Boost Stock Sale Bloomberg October 6, 2010 By David Welch and Jeffrey McCracken Investment bankers for General Motors Co. have met with sovereign wealth funds and private investors in the Middle East and Asia to gauge interest in the automaker’s...

AIG, GM taxpayer paybacks hit snag Insurance giant, car maker face lower valuation of IPOs Marketwatch.com SAN FRANCISCO (MarketWatch) — Taxpayers may have to wait even longer to be made whole on their investments in insurance giant American International Group Inc. and car maker General Motors...

Renault-Nissan open to GM tie-up: Ghosn EXPATICA.COM September 29, 2010 Franco-Japanese auto maker Renault-Nissan is open to a possible alliance with General Motors of the United States, Renault chairman Carlos Ghosn said in an interview published Wednesday. "I still think there are a lot of...

In Shift, GM Now Pursues Partners The Wall Street Journal By SHARON TERLEP PARIS—General Motors Co. has begun seeking out potential partnerships and tie-ups with other auto makers in hopes of cutting costs and sharing the burden of developing new technologies. The move signals a significant...

Ford Eats the General's Lunch The Motley Fool By John Rosevear October 2, 2010 The sales predictions I wrote about last week turned out to be dead-on accurate: On Friday, Ford reported that its U.S. sales for September rose by an eye-popping 41% over those in September 2009, right in line with...

FORD SEPTEMBER SALES UP 46 PERCENT; FORD ON TRACK TO GAIN MARKET SHARE FOR SECOND YEAR IN A ROW media.ford.com •Ford, Lincoln and Mercury September sales totaled 160,873, up 46 percent versus year ago •Ford’s balanced portfolio of high-quality, fuel-efficient new cars, utilities and trucks...

U.S. Is Said to Rein in G.M. Stock Offering The New York Times By NICK BUNKLEY and MICHAEL J. de la MERCED Published: September 23, 2010 DETROIT — The initial public stock offering by General Motors will be smaller than previously suggested, and the federal government will most likely sell a...

GM now says Volt can go 25-50 miles on batteries GM now says electric Chevrolet Volt can go 25-50 miles on batteries; old range was 40 miles Associated Press/Yahoo! Finance September 24, 2010 DETROIT (AP) -- General Motors on Thursday altered the expected range that its Chevrolet Volt electric...

Ford Won't be Hurt by GM, Chrysler IPOs The Street By Ted Reed 09/21/10 - 10:19 AM EDT DETROIT (TheStreet) -- A possible Chrysler IPO means that as soon as next year, Detroit could once again be home to three publicly-traded auto companies. That likely would mean little to Ford(F), which is...

China stake a 'tricky sell,' even for global GM The Detroit News Daniel Howes 9/21/2010 It's probably a safe bet to say the feds didn't rescue General Motors Co. from imminent collapse just to sell a chunk of the new company to the Chinese. Yet there's a good chance it will happen anyway...

China's SAIC may invest in GM's share sale, chairman says Automotive News September 21, 2010 SHANGHAI (Bloomberg) -- SAIC Motor Corp. said it may invest in the initial public offering of partner General Motors Co., cementing ties between the biggest U.S. and Chinese automakers. China's...

GM recalling 20,000 Cadillac CTS, CTS-V models Detroit News Washington Bureau David Shepardson Washington -- General Motors Co. is recalling more than 20,000 2009-2010 Cadillac CTS and CTS-V models to replace the glove box to reduce the risk of leg injuries in crashes. In April, a contractor...

Poof! $20B Likely Lost On GM, Says Former Auto Czar Forbes By Joann Muller Sep. 20 2010 If you were missing $20, would you be willing to write it off as “lost money”? What if you lost $20 billion? The thought went through my head as I was perusing Steven Rattner’s new book, “Overhaul: An...

Will General Motors Ever Pay Us Back? The Motley Fool By John Rosevear September 17, 2010 Unless you've been living under a rock, you've probably heard by now that General Motors is going public (again) -- or more specifically, that the U.S. government and other GM stakeholders are preparing...

Has Ford Passed Toyota for Good? The Motley Fool By John Rosevear September 16, 2010 "Dog bites man" isn't news. Likewise, it's not really news that General Motors -- the leader in the U.S. auto market for decades -- is leading again this year. GM might have gone through the mother of all bad...

Ford's Turnaround Continues to Impress The Motley Fool By John Rosevear September 18, 2010 In just a few years, Detroit icon Ford (NYSE: F) has gone from being a broken has-been on bankruptcy's doorstep to one of the world's most focused and admired companies. Many elements have contributed to...

Kerkorian exec saw it coming The Detroit News By Daniel Howes September 17, 2010 Somewhere, Jerry York is smiling. The two-time CFO and wannabe auto CEO spent a second career as billionaire Kirk Kerkorian's point man in Detroit. He tangled with them all -- Chrysler Corp. in the '90s, General...