In the new memoir “Decision Points,” former U.S. President George W. Bush stands behind his decision toward the tail end of his presidency to extend a $17.4 billion auto bailout. Automotive News reports that President Bush knew just four days after GM announced it was near bankruptcy – on Nov. 11, 2008 – that he Read on! →


General Motors CEO Dan Akerson sees trouble brewing for the U.S. economy, and the eurozone financial crisis is to blame. Before the Detroit Economic Club, Akerson painted a bleak picture that he considers to be “much more serious” than when the U.S. credit bubble burst in 2008, reports the Detroit Free Press. Dominoes poised to Read on! →


The first generation of Chevrolet’s EN-V debuted at the Shanghai World Expo two years ago. The electric, self-driving transport vehicle is back this year, with some improved capabilities. Pilot studies in China The second generation of the vehicle, currently showing at the China Auto Show, is the EN-V 2.0. The automaker wants to use it Read on! →


General Motors has announced an Impala recall. The recall affects 300,000 cars that could possibly have defective seat belts. The seat belts can come apart in a collision in the front seats due to a defective mounting. There are only two affected model years. General Motors will contact owners of the affected model years. Large Read on! →


Car Deal Expert reported Thursday that GM had once again overtaken Toyota as the world’s largest automaker. However, Volkswagen is crying foul, saying its numbers are not all in, and that it intends to steal the crown for itself. GM top dog for nearly 80 years GM held the top annual spot for vehicles sold Read on! →


The U.S. Treasury under the Obama Administration has been part-owner of General Motors Co. for more than three years now. That association is not likely to end at any time in the foreseeable future, as the government is presenting no timetable for an exit. GM stock performing poorly Since its controversial Government-backed bankruptcy, the giant Read on! →


General Motors and NASA announced Tuesday that they are joining research and development forces to develop a robotic glove for use by auto workers and astronauts. The glove’s robotics assist a human wearer in accomplishing repetitive tasks without fatigue over a protracted period of time. The Human Grasp Assist Device It’s called the Human Grasp Read on! →


In a move to spark sales of Chevrolet and GMC, General Motors Co. has entered into a partnership with Costco Wholesale Corp., reports Automotive News. Until Jan. 3, 2012, Costco members will have the option of purchasing a new Chevrolet or GMC light truck at select franchise locations. Members will enjoy a “GM Preferred Price.” Read on! →


Last month, U.S. safety regulators announced possible risks with the plug-in battery packs powering GM’s Volt. The National Highway Traffic Safety Administration has pointed to problems that it says could possibly cause a fire days after a crash. GM has been quick to investigate possible fixes. Sources say the automaker has a possible package of Read on! →


The trend of car sharing, when drivers borrow vehicles for an hourly fee, is growing by leaps and bounds, notes the Detroit Free Press. Automakers like General Motors are now funneling their dollars into the peer-to-peer movement, and Google is exploring investment opportunities. Car sharing: A new way to rent cars Numerous start-up firms are Read on! →