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GM to invest $20 mln in Kansas Assembly Plant

GM to invest $20 mln in Kansas Assembly Plant

General Motors will invest $20 million in machinery and equipment for its Fairfax Assembly plant to add future technologies and improvements of the Buick LaCrosse including eAssist of a light electrification technology that will boost highway fuel economy by 25 percent over the current model.
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Racy teen series MTV Skins no more on air

MTV Skins, the racy teen series, will not be aired anymore. The network pulled the plug on the racy teen series just shy of a second season, MTV confirmed on Thursday.
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GM considering selling Opel again: reports

General Motors is considering putting Opel up for sale again as management loses confidence its European arm will return to profitability, two German magazines reported.
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GM CEO warns on playing games with national debt

Politicians should not play chicken with the country's credit rating, but need to focus urgently on finding ways to reduce the rising budget deficit, according to the head of General Motors Co.
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Shaky economy worries GM CEO

The shaky U.S. economy, facing stubbornly high unemployment and volatile oil prices, is one of the main worries facing General Motors Co, according to the head of the largest U.S. automaker.
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GM sees strong growth in South American sales

General Motors Co expects to sell 1.5 million vehicles a year in South America by 2015, up from 1.03 million last year, the head of the largest U.S. automaker's operations in the region said.
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Markets tumble on weak economic data

The Dow Jones Industrial Average and S&P 500 had their worst day of the year Wednesday, as the stock market was hit from multiple sides with troubling economic reports.
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GM, Ford report lower U.S. auto sales in May

General Motors Co and Ford Motor Co reported slightly lower U.S. vehicle sales in May as broader economic weakness and higher vehicle prices prompted consumers to delay major car purchases.

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