“There is a propensity here for a smaller truck,” said Edmunds.com senior analyst Jessica Caldwell. “People want a truck, but the larger ones are hard to drive around, and fit into parking spaces in an urban environment.”
GM CEO Dan Akerson says we’re coming close to the day when a woman will be the chief executive at one of America’s major carmakers.
The 2014 Chevrolet Silverado and GMC Sierra have become the first pickup trucks to get five star rankings in the new, tougher crash tests done by the National Highway Traffic Safety Administration.
General Motors says the new Chevrolet Corvette sports car will get 29 miles per gallon of gas in highway driving.
The U.S. government plans to sell another 30 million shares of General Motors stock in a public offering.
GM is reporting that the diesel Chevrolet Cruze is more efficient than some hybrids.
The Treasury Department says it sold $621 million worth of GM common stock last month.
It looks part Ferrari, part Batmobile. It’s the 2014 Corvette Stingray.
With GM’s new target, electric cars will soon make up five percent of the company’s output.
Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.
Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.