Tag: chevy
General Motors Withdraws $14 Billion Federal Loan Application
by David Schepp on Jan.27, 2011, under Towing
Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM said it no longer needs or wants the money.
Continue reading General Motors Withdraws $14 Billion Federal Loan Application
General Motors Withdraws $14 Billion Federal Loan Application originally appeared on DailyFinance on Thu, 27 Jan 2011 15:21:00.
Filed Under: Company News, Economy, Ford Motor Co, General Motors, Autos
No Longer the ‘Big Three,’ but Detroit’s Automakers Have Stopped Shrinking
by David Schepp on Jan.21, 2011, under Towing
With U.S. automotive dominance waning, a new moniker has emerged: the “Detroit Three.” Still, don’t count out Ford, GM or Chrysler. Their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can be profitable selling fewer cars.
Continue reading No Longer the ‘Big Three,’ but Detroit’s Automakers Have Stopped Shrinking
No Longer the ‘Big Three,’ but Detroit’s Automakers Have Stopped Shrinking originally appeared on DailyFinance on Fri, 21 Jan 2011 10:45:00.
Filed Under: Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Chrysler
Upbeat Consumers Push Auto Sales Higher in December and for the Year
by David Schepp on Jan.04, 2011, under Towing
The nation’s automakers ended 2010 strong, with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporations and rental-car companies.
Continue reading Upbeat Consumers Push Auto Sales Higher in December and for the Year
Upbeat Consumers Push Auto Sales Higher in December and for the Year originally appeared on DailyFinance on Tue, 04 Jan 2011 19:20:00.
Filed Under: Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Retail, Chrysler
GM Recalls 100,000 Vehicles to Fix Airbags, Rear Axles
by David Schepp on Dec.23, 2010, under Towing
The year maybe almost over, but there seems no end to the string of recalls issued by automakers this year. The latest action, announced Thursday, involves some 100,000 vehicles produced by General Motors (GM).
The Detroit-based auto giant is warning that airbags in some Cadillac models may not deploy in a crash, and that rear axles on some truck models may lock up, possibly leading to a crash,…
Continue reading GM Recalls 100,000 Vehicles to Fix Airbags, Rear Axles
GM Recalls 100,000 Vehicles to Fix Airbags, Rear Axles originally appeared on DailyFinance on Thu, 23 Dec 2010 15:12:00.
Filed Under: Company News, Technology, General Motors, Autos
General Motors Sales Climbed 11% in November
by David Schepp on Dec.01, 2010, under Towing
General Motors, fresh off its initial public offering, reported today that November sales rose 11.4% compared to the same month a year ago. Among its four core brands, Buick, Cadillac, GMC and Chevrolet, GM said sales rose nearly 21%.
Continue reading General Motors Sales Climbed 11% in November
General Motors Sales Climbed 11% in November originally appeared on DailyFinance on Wed, 01 Dec 2010 11:45:00.
Filed Under: Company News, Economy, Earnings, Ford Motor Co, Toyota, General Motors, Autos, Retail, Chrysler
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