GM Archives — City Business News

October 3, 2021 No Responses

Toyota Outsells GM In Nine Months

Japanese automaker, Toyota Motor Corporation outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the semiconductor chip shortage.Toyota during the first nine months sold 1.86 million vehicles compared...

April 22, 2021 No Responses

NPA Appoints 4 GMs, 8 AGMs

The Nigerian Ports Authority (NPA) has announced the appointment of four new General Managers (GM) and eight Assistant General Managers(AGM). A statement issued by Assistant General Manager, Corporate & Strategic Communications, I. S. Nasiru exp...

December 23, 2020 No Responses

Hyundai Acquires GM’s Car Plant

South-Korean automaker Hyundai Motor has completed the acquisition of a General Motors factory in Russia’s St. Petersburg, Hyundai spokeswoman Yulia Tikhonravova told reporters at an online conference on Tuesday.The GM factory with a capacity of up t...

November 25, 2020 No Responses

GM To Recall 5.9m Vehicles

General Motors Co will recall 5.9 million vehicles with potentially dangerous Takata air bag inflators after a U.S. safety agency said it had rejected the Detroit automaker’s petition to avoid the callback.The National Highway Traffic Safety Ad...

August 5, 2020 No Responses

Hyundai Acquires GM Plant

Russia’s Anti-Monopoly Service has approved Hyundai‘s acquisition of a General Motors factory in St Petersburg. Russia’s auto market has come under strain from the coronavirus crisis, which caused new car sales...

July 5, 2020 No Responses

GM Delivers 713,600 Units In China

General Motors vehicle sales in China dropped 5.3% between April and June from the corresponding period last year, underperforming the industry average amid a recovery from the coronavirus fallout on the world’s biggest auto market.China’s overal...

November 21, 2019 No Responses

GM Alleges Corruption, Sues Fiat Chrysler

General Motors Company on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM b...

November 2, 2019 No Responses

GM Recalls 638,000 Chevrolet Suburban, Tahoe

General Motors has recalled 638,000 Sport Utility Vehicles and pickup trucks because a wheel-speed sensor could fail and cause unintended braking.The recall covers some 2015-2020 Chevrolet Suburban, Tahoe, and Yukon models, and some 2014-2018 Chevrolet Silvera...

November 11, 2017 No Responses

GM unveils agenda for autonomous vehicles

General Motors will on November 30, 2017, in San Francisco, share its “vision for an autonomous future”. General Motors Chief Executive Officer, Mary Barra who disclosed the development while reviewing the automaker’s third-quarter earning...

October 3, 2017 No Responses

GM unveils agenda for 20 electric vehicles

General Motors will launch two new electric vehicles over the next 18 months, the first step in an ambitious plan to have more than 20 such vehicles on sale by 2023, and begin production of hydrogen fuel cells at its...

August 17, 2017 No Responses

GM to delist shares from stock exchange

General Motors Company is delisting its shares from the Toronto Stock Exchange (TSX) in Canada effective at the end of November. The company’s shares will still be traded in New York. In a statement, the automotive company said there was...

July 6, 2017 No Responses

PSA Group secures approval to buy Opel

PSA Group secured unconditional European Commission (EU) antitrust approval on Wednesday to acquire General Motors’ German unit Opel, a move that will make it Europe’s second-largest automaker after the Volkswagen Group. The European Commission...

June 27, 2017 No Responses

GM cuts outlook for new vehicle sales in 2017

(Reuters) General Motors now expects U.S. new vehicle sales in 2017 will be in the “low 17 million” unit range, reflecting a widespread expectation that the industry is headed for a moderate downturn, a top executive said on Monday. “The...

June 24, 2017 No Responses

Ignition Switches:GM settles with 203 plaintiffs

General Motors has agreed to settle federal lawsuits in the United States by as many as 203 plaintiffs over defective ignition switches in its vehicles. Settlement terms are confidential, but the accord could also resolve hundreds of state court claims,...