GM earmarks key ‘trend-setting’ markets for Volt
GM is determined to keep its promise of delivering the Chevrolet Volt plug-in hybrid car by the end of the decade but if you were hoping to be one of the first in the world to own a Volt you had better hope you live in one of the trend-setting markets officials plan to launch the car in. Nothing is set in concrete but officials are considering initially launching the Volt in politically important and trend-setting markets on the U.S. coasts - namely California and New York. Vice Chairman Bob Lutz...

GM earmarks key ‘trend-setting’ markets for Volt
GM is determined to keep its promise of delivering the Chevrolet Volt plug-in hybrid car by the end of the decade but if you were hoping to be one of the first in the world to own a Volt you had better hope you live in one of the trend-setting markets officials plan to launch the car in. Nothing is set in concrete but officials are considering initially launching the Volt in politically important and trend-setting markets on the U.S. coasts - namely California and New York. Vice Chairman Bob Lutz...

American Axle Strike: Two GM factories up, one GM factory down
The American Axle strike, now in its second month, is causing General Motors more than a few headaches. The parts shortage caused the General to nearly cease production of its highly profitable large trucks and SUVs, and shut down production in Oshawa, Ontario and Fort Wayne, Indiana. As of this past weekend, it appears that GM has found enough parts to re-open those two plants to start building the Chevrolet Silverado and GMC Sierra again. While that's good news for those workers, the SUV plant in...

GM may forgo Delphi cash, shares claim
General Motors Corp. may give up cash and preferred shares, and assume more pension liability, to help its former parts subsidiary Delphi Corp. leave bankruptcy, a Deutsche Bank AG analyst said Monday. Forfeiting the cash and shares would increase Delphi's liquidity and make the company more attractive to investors, analyst Rod Lache said in a research note. More GM help may be needed after Appaloosa Management LP, the leader of a group that was to provide Delphi with $2.55 billion in financing, pulled...

American Axle Strike: Two GM factories up, one GM factory down
The American Axle strike, now in its second month, is causing General Motors more than a few headaches. The parts shortage caused the General to nearly cease production of its highly profitable large trucks and SUVs, and shut down production in Oshawa, Ontario and Fort Wayne, Indiana. As of this past weekend, it appears that GM has found enough parts to re-open those two plants to start building the Chevrolet Silverado and GMC Sierra again. While that's good news for those workers, the SUV plant in...

American Axle Strike: Two GM factories up, one GM factory down
The American Axle strike, now in its second month, is causing General Motors more than a few headaches. The parts shortage caused the General to nearly cease production of its highly profitable large trucks and SUVs, and shut down production in Oshawa, Ontario and Fort Wayne, Indiana. As of this past weekend, it appears that GM has found enough parts to re-open those two plants to start building the Chevrolet Silverado and GMC Sierra again. While that's good news for those workers, the SUV plant in...