GENERAL MOTORS

General Motors India Crosses 100,000 units mark

General Motors India Crosses 100,000 units mark
General Motors India said announced it has crossed 100,000 unit of sales in Indian market and this is the first time it has crossed this mark in a calendar year since its inception in India.
General Motors

GM to invest $163.2 mln in 3 plants, to protect 184 jobs

General Motors has said that it would invest $163.2 million in its operations in Flint and Bay City, Michigan and Defiance, Ohio. This investment is to support engine production for the Chevrolet Volt, Chevrolet Cruze and a new small car, which will be built in the United States.
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Stocks soar on GM offering, Irish bailout hopes

Stocks surged, buoyed by the successful huge initial public offering of General Motors (NYSE: GM), reports that the Republic of Ireland will receive a bailout to solve its troubled banking system and better-than-expected manufacturing activity data.
A GM sign is seen outside the Medved General Motors car dealership in Arvada, Colorado

GM shares soar after landmark IPO

Shares of automaker General Motors opened at $35 in its first trading day on the NYSE after recovering from a government funded bailout. The opening price was an increase of 2 percent from its IPO price of $33.
General Motors world headquarters is seen in downtown Detroit.

“New” GM shares up almost 9% in early trading

Shares of auto giant General Motors (NYSE: GM) are up almost 9 percent in early trading after yesterday’s blockbuster initial public offering that was estimated to have 30 percent greater demand than initially expected. The offering is the biggest in U.S. history
Automobile Magazine names Chevrolet Volt as 2011car

Chevrolet Volt named Automobile of the Year

The Chevrolet Volt electric car is the Automobile Magazine's 2011 Automobile of the Year. The award will be presented to Joel Ewanick, GM U.S. Marketing Vice President, on Wednesday at the Los Angeles International Auto Show.
General Motors Vice Chairman Tom Stephens speaks in Baltimore, Maryland

GM's IPO could be the world's largest

General Motors Co is inching closer towards returning to the U.S. market in one of the biggest IPOs in the U.S. history and could even become the world's largest.
Traders work on the floor of the New York Stock Exchange

US stocks fluctuate in early trade

S&P 500 Index edged up 0.68 points, or 0.06 percent, to trade at 1,179.73 at 09:53 a.m. EDT. The Dow Jones Industrial Average fell 8.47 points, or 0.08 percent, to trade at 11,015.03. The Nasdaq Composite Index gained 0.24 percent.
Traders work on the floor of the New York Stock Exchange

US stock futures extend modest gains

Futures on the S&P 500 gained 3.50 points, futures on the Dow Jones Industrial Average are up 23 points and Nasdaq100 futures are up 7 points.
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US stocks fall on overseas concerns, economic data

S&P 500 Index is down 10.42 points, or 0.85 percent, to trade at 1,187.57 at 09:53 a.m. EDT. The Dow Jones Industrial Average lost 99.57 points, or 0.89 percent, to trade at 11,102.40. The Nasdaq Composite Index fell 0.72 percent.
GM recalling Cadillac

GM, Chrysler recalling 30,000 vehicles in US

General Motors is recalling 14,245 Cadillac DTS and Buick Lucerne cars with V8 engines from the 2010 and 2011 model year to address potential problems with the power steering, while Chrysler is recalling 16,229 Jeep Liberty models over faulty windshield wipers.

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