GM is expected to announce the production of a new compact car for Buick — the Verano. The upscale sedan will be assembled in a former Pontiac plant in Orion Township, Mich., helping to restore 1,200 jobs at the facility.
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When GM told David Derringer of Virginia that it wasn’t going to reimburse him for the cost of a power steering pump, he didn’t just give up. He got into his GMC pickup and took a drive — to GM’s headquarters in Detroit.
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Auto sales turned in a strong performance in September. “People seem to be saying, ‘It’s not as quite as scary anymore,'” says Arthur Wheaton, automotive analyst at Cornell University’s ILR School.
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General Motors reported Friday that overall vehicle sales in September 2010 climbed 10.5% on a year-over-year basis, based on strong demand for its new generation of crossover vehicles. Among its four core brands, GM sales rose…
Chrysler Group is likely to pursue an initial public offering of stock in “chunks” rather than one big offering and not until the second half of 2011, the company’s chief executive said Thursday.
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