Attention on deck! Since the IPO of the new General Motors Company (NYSE: GM), the stock has failed to meet investor and analysts expectations, with the latest route to a new low, breaking below $29. (Monday, June 6, 2011 Morning Update: GM stock still languishing)
Not only can you drive green with the 2011 Chevrolet Volt, you can also drive safely because it has garnered a five-star overall vehicle score for safety as part of the National Highway Traffic Safety Administration’s New Car Assessment Program.
General Motors had a rough month like many other automakers in the Japanese-disaster-hit May 2011 but with a miniscule decline of just over 1%, the four remaining brands of GM were able to keep the automaker atop the sales chart for the US auto industry.
The numbers from the major players in the rear wheel drive performance segment and even though numbers are down across the board, for the fifth straight month the Chevrolet Camaro has posted a comfortable lead in the segment over the Ford Mustang, the Dodge Challenger and the Nissan 370Z.
General Motors has big plans for the next Chevrolet Impala – including a new engine, new home and evidently, a new platform that will offer more room accompanied by a more upscale feel as Chevrolet works to put some distance in the lineup between the Impala and the (barely) smaller Malibu.
Unlike the pre-bankruptcy days, General Motors (NYSE: GM) must be careful not to rearrange the corporate deck chairs just for the sake of rearranging. Any change has to be cognizant of global markets; and Bryan Nesbitt has the confidence of GM’s management.
As the Big Three’s market share improves as a result of the popularity of new models, and Japanese imports are impacted by the national disaster there, Detroit has rehired many workers laid off during the recent downturn. Further they are preparing for a massive hiring blitz – but something has changed significantly for these new hires – their rate of compensation.
Earlier today, TorqueNews brought you a look at the new Nissan Lead television advertisement that envisions a world where everything relies on a gasoline engine with the commercial going so far as to include the 2011 Chevrolet Volt and in reply to the playful commercial shot in the ribs, General Motors employees have offered a few choice comments.
In December, TorqueNews brought you the news that General Motors was reportedly working on a plug-in hybrid luxury SUV based on the Cadillac SRX but according to a variety of sources – that program has reportedly been canceled.
Active duty military personnel and members of the reserves will get a break through the Nissan Vehicle Purchase Program, the Japanese manufacturer announced just in time for the Memorial Day holiday, which honors those men and women who made the ultimate sacrifice in defending our freedom.
Every airliner you fly in contains a "black box" which records every conceivable detail about the aircraft, including its vital signs, its location, direction and flight path, and what is being said in the cockpit. These black boxes (which are actually bright orange) are designed to survive the most extreme of impacts and are waterproof as well as fire resistant to almost 2000 degrees
Yesterday we brought you the news that General Motors will produce the next generation Chevrolet Impala at the Detroit Hamtramck plant – leaving us wondering what the workers currently building the Impala think about the move and we already have a statement from the Canadian Auto Workers’ head.
According to the Detroit Bureau, General Motors is working on a small displacement, high revving V8 for the next generation Chevrolet Corvette that will use turbocharging to mimic the performance of likes of Lamborghini, Porsche and Ferrari.
When the field takes the track this Sunday around noon for the 100th running of the famous Indianapolis 500 a 2011 Chevrolet Camaro SS Convertible will serve as the pace car – the 22nd time a Chevrolet has lead the field and the 7th time the fabled Chevy pony car has been selected as the Indy 500 pace car.
While speaking at the Detroit Hamtramck plant this morning, GM North American President Mark Reuss announced that the next generation of the Chevrolet Impala will be made alongside the Chevy Volt and the next Chevy Malibu; with retooling investments coming as part of the automakers commitment to invest $2 billion into a variety of plants over the next year.
While the late Dale Earnhardt Sr. never won a NASCAR race in a Camaro, Dale Earnhardt Chevrolet of Newton, NC has announced that they will be building a collection of ultra high performance 2011 Chevrolet Camaros wearing the name Intimidator – Dale Sr.’s nickname for his powerful on-track personality.
General Motors has launched an online trivia contest with three very easy questions offering contestants a shot at winning the Ultimate Corvette Prize Package – including a 2012 Chevrolet Corvette Grand Sport Convertible and an all-expenses-paid trip for two to the 24 Hours of LeMans race in France.
The 1990-1995 Chevrolet Corvette ZR1 effectively raised the bar for American high performance and with under 7,000 units made over the course of its 6-year run, it is also one of the more rare Corvettes - but the 2011 Mecum Indy Auction featured three red 1994 Corvette ZR-1s owned by the late collector Paul Dehnert.
When production of the fuel-efficient 2012 Chevrolet Sonic and Buick Verano begin this fall, 40 percent of the energy to power the General Motors Orion Assembly Plant where they are built will come from burning landfill gas created nearby.
Already in tight supply, the number of Chevy Volts available for delivery to retail customers will be further restricted over the next three months before production resumes and the Volt and the Opel Ampera begin being exported to Canada, Europe and China.
When completed during 2013, the General Motors electric motor plant near Baltimore will be the first facility of a major U.S. automaker focused on making the critical components for electric vehicles. Further a solar array will provide up to nine percent of the power needed for the existing two-mode hybrid and heavy-duty transmission building.
Today at the Indiana State Fairgrounds, the 24th annual Dana Mecum Original Spring Classic Auction kicked off – offering buyers and tire-kickers a chance to look at the world’s largest collector car auction with some of the most amazing modern and vintage vehicles that you will ever see in one place.