First-half profits for General Motors Co. reached $6.3 billion, reports Automotive News. However, according to CEO Dan Akerson, despite the best half the automotive has had in more than 20 years, in no small part due to the large increase in auto loans, it wasn’t good enough. GM cutbacks will soon follow. GM making a Read on! →


The North American automotive industry is experiencing a turnaround, and General Motors is no exception. Reuters reports that GM recorded $2 billion in profits for the third-quarter, with an earnings per share increase of $1.20. This turn of success has spurred the recently bankrupt automaker toward an initial public offering of stock by next week. Read on! →


Saab’s descent into bankruptcy may kill the brand name, but evidence suggests that its engineering and technology will live on. The Swedish automaker, whose name derives from its original founding company Swedish Aerospace AB, has some small car architecture waiting in the wings. According to the Detroit Free Press, the automaker that buys the rights Read on! →


The Chevy Volt, or Chevrolet Volt, is one of the most hotly anticipated offerings from General Motors. The car is a plug-in hybrid, thought to deliver fuel efficiency far above the Toyota Prius and the Honda Insight. However, there are troubling reports that dealerships might end up charging far above what they should for the Read on! →


According the the CEO of General Motors, the American public is over its anger at the U.S. auto industry for accepting government bailouts inĀ  2009. While the rise of the Occupy movement demonstrates a growing dissatisfaction from the public regarding the collaboration of government and big business, the automaker points to its own poll as Read on! →


General Motors is currently re-evaluating its sponsorship relationship with Penn State University, reports Automotive News. The recent Jerry Sandusky child sex abuse scandal that has torn the university apart has not only drawn the censure of the the victims, the law and the NCAA, but it may cause sponsors to jump ship en masse. Silencing Read on! →


Remember, General Motors was for Facebook before it was against it. Sources report that GM is in discussions with Facebook that may result in the automaker reversing its decision to pull out of the Facebook paid ads game. Since suspending all paid Facebook ads in May, GM has still maintained a free brand presence on Read on! →


General Motors Co. has designs on acquiring Isuzu Motors. Reuters reports that GM had considered purchasing a controlling interest in Isuzu at more than one-third, which would have cost $3 billion. After the Japanese truck-maker noted that it wished to remain independent, GM reportedly scaled back its offer. Nikkei business daily notes that GM may Read on! →


General Motors, the world’s leading automaker, said Tuesday that it will hold back production of Chevrolet’s plug-in hybrid hatchback Volt for three weeks this summer. This is in addition to the current hold on production, which continues until April 23. Business as usual, in part This is business as usual, at least in part. Many Read on! →