GM Ventures, the venture capital subsidiary of General Motors (NYSE: GM), will invest $5 million in Powermat, a private firm founded in 2007, to accelerate the technology’s development and support
The Verano is Buick’s third new model in the past two years. It’s part of a product rebirth that is bringing Buick some long needed attention and putting customers in the showroom.
Those numbers include all GM vehicles sold, including the few units sold from the deceased brands (Hummer, Saturn, Pontiac) and when you look just at the existing GM brands, the company moved 223,9
For certain we will see the continuation of technical innovations like Ford’s EcoBoost engines that have the power of a V8 in a 6 cylinder, but the gas mileage of a 4 cylinder. Moreover, we will continue to see the mainstream deliveries of a plethora of plug-in hybrid vehicles, like Chevy Volts, Nissan Leafs and Fisker Karmas. Even the Toyota Prius will follow suit with its own version of a plug-in.
General Motors saw a year over year growth of 21% but more importantly, GM sold more vehicles in the US than any other auto company – 168,739 in all – besting Ford Motor Company by over 21,000 vehi