General Motors Co. says it broke ground today on an electric motor plant in White Marsh, Md., near Baltimore, where it will manufacture major components used in electric cars. GM says the plant, which is scheduled to open in 2013, will be the first by a big U.S. automaker to be dedicated to vehicle electrification.
TOLEDO -- GM said Tuesday it will invest $240 million to expand its Toledo transmission plan, underscoring the automaker's resurgence and its plan to invest about $2 billion in eight states, mainly in the Midwest, over the next few months.
TOLEDO– General Motors Co. announced Tuesday it will invest about $2 billion in U.S. assembly and component plants, creating or preserving more than 4,000 jobs at 17 facilities in eight states.
DETROIT – General Motors Company (NYSE: GM) today announced first quarter net income attributable to common stockholders of $3.2 billion, or $1.77 per fully-diluted share, marking the company’s fifth consecutive profitable quarter. Revenue increased $4.7 billion to $36.2 billion, compared with the first quarter of 2010.
MICHIGAN - Chrysler Group LLC (“Chrysler Group”) announced today that it intends, subject to market and other conditions, to repay in full the outstanding obligations under the loans provided to Chrysler Group by the U.S. Department of the Treasury and the Canadian federal and Ontario governments.
DETROIT — General Motors received more clean energy patents in the past year than any other company, a study released Friday said.
"The Cars.com compilation claiming to rank vehicles on an "American-Made Index" for readers and consumers is, unfortunately, misleading since the methodology used to screen the list fails to place a premium on the American content of vehicles . . ."
Whether it means hawking family-friendly Dodge Journeys in Europe or sporty Chevrolet Camaros in Asia, U.S. auto exports from U.S.- and foreign-owned plants are rising.
President's Day was a busy day for Fiat dealer John Bergstrom in Milwaukee. Busier than he expected.
"If we had 30 Fiat 500's here at the dealership, we'd deliver all of them within the next two days," Bergstrom told me.
Olivier Francois, CEO of Chrysler brand and Chief Marketing Officer for all of Chrysler, drives Chrysler marketing in a new direction.