The falling value of Ruble is having its worst impact on the auto manufacturing industry and General Motors Company (NYSE:GM) among other leading auto companies are cutting car deliveries in the country. The auto company has raised its car prices and halted sales in Russia to cope up with increasing losses. There are dual factors…
General Motors Co (GM)’s Colorado Defeats Ford (F)’s F-150 to Bag Motor Trend’s Prized Trophy
Motor Trend’s declaration of results on 3rd December, 2014, in Detroit pertaining to the ‘Truck of the year’ category turned out to be quite unexpected with General Motors Co (NYSE:GM)’s Chevrolet Colorado being crowned as the winner amidst seven contestants. Vying for the top spot was Ford (F)’s F-150 and it was a strong contender given…
Auto Sales during the Upcoming Holiday Season
With an unprecedented increase in auto sales during November, experts are predicting that the month of December is likely to spell further good news for the vehicle industry. CNBC had on its panel Jessica Caldwell, a senior analyst with Edmunds.com and the model which she mentioned as particularly doing well is the Honda CRB. Some…
General Motors Company (GM) Ready For High-End Management Transitions, GM Canada Gets New President
The largest automaker of U.S., General Motors Company (NYSE:GM), is up for some top leadership changes, as the company reshuffles its management. In the transition, two of the top female executives of the automaker will handle new management responsibilities whereas two high-end male executives will focus towards the purchasing power of the company. In addition…
General Motors Company (GM)’s Legal Troubles Amplified With $3 Billion Arizona State Lawsuit
The legal woes of General Motors Company (NYSE:GM) are nowhere near their end as the Arizona State has filed a lawsuit against the automaker claiming damages in excess of $3 billion. The lawsuit accuses the automaker for concealing safety issues in its cars and defrauding the customers. General Motors Company (NYSE:GM) has recalled over 2.6…
General Motors Co. (GM)’s Lawyers Under The Federal Scanner
The problems for General Motors Co. (NYSE:GM) do not seem to end anytime in near future. Federal prosecutors are inspecting about the role of employees working in the legal department of the company. The prosecutors suspect that the legal department concealed critical evidence from involved regulators leading to a delay in recall of faulty vehicles.…
General Motors Co. (GM) to appeal for the rejection of Georgia Switch Suit Revival
General Motors Company (NYSE:GM) is all set to appeal for the rejection of Georgia Switch Suit, a law suit that triggered recall of over 2.59 million cars because of faulty ignition switches. According to the appealing party, Brooke Melton’s (died in Chevy Cobalt Car Crash in 2010) parents, General Motors Company (NYSE:GM) concealed critical defects…