GM

GM stock shrugs off Akerman comments of streamlined dealer network enjoying higher throughput and profitability

In remarks prepared for delivery, Dan Akerson, Chairman and CEO of General Motors Company (NYSE: GM), delivered the keynote address at the National Automotive Dealers Association/IHS Automotive Forum in New York. Among his many statements, he noted GM’s higher throughput and profits from the streamlined dealer network, but GM stock still traded lower and closed at 29.59.

The 2012 Cadillac CTS 3.6L V6 gets more power, loses the manual trans

General Motors has released information on the 2012 Cadillac CTS Sport Sedan, Sport Wagon and Coupe with the big news being the addition of some extra power in the 3.6L V6 without compromising fuel economy – although this powerful V6 will not be offered with a manual transmission to go with the new power.
2012 Chevrolet Centennial Edition Corvette

Introducing the 2012 Chevrolet Centennial Edition Corvette

2011 marks the 100th birthday of the Chevrolet brand and to celebrate the company’s centennial the 2012 Chevrolet Centennial Edition Corvette has been introduced – with the first Centennial Edition Corvette Z06 to be auctioned for charity this Saturday at the Barrett-Jackson collector car auction in West Palm Beach Florida.

Chevrolet Volt wins gold, OnStar wins silver in 2011 Edison Awards

While the Edison Gold Medal for the Chevrolet Volt highlights the innovative engineering that resulted in the production of the world’s first electric vehicle with extended range capability, the OnStar Mobile App won the silver award as the 2011 Best New Product in the Transportation in the Remote Driving Aids Segment.

GM $30M investment in Pontiac Stamping Plant targets Chevy Sonic and Buick Verano

The Pontiac, Mich., Stamping Plant will get $30 million in new equipment to help make sheet metal for the 2012 Chevrolet Sonic that will be built at the nearby General Motors Orion Assembly Plant. Pontiac also will make stampings for use in the Buick Verano that goes into production later this year.

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