Green Car Congress

JULY 3, 2010

General Motors and its joint ventures set new marks for unit sales in China in the month of June and for the first half of the year. Sales in June rose 23.2% For the first half, sales were up 48.5% As a comparison, in the US GM sold 195,380 units in June, up 10.7% Shanghai GM’s sales in June rose 18.9%

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GM China Sale Buick 170

Green Car Congress

NOVEMBER 18, 2010

Shares in General Motors begin NYSE trading under the ticker symbol “GM” on Thursday, after the automaker raised an estimated $20.1 Reuters noted that the IPO values GM at about $63 billion. Including an option that would allow underwriters to sell more shares, GM looks set to raise $23.1 Tags: Brief.

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GM Obama General Motors Chevrolet 210

Green Car Congress

JULY 6, 2009

Judge Robert Gerber of the US Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors Corporation’s assets to NGMCO, Inc., In connection with the closing of the sale transaction, NGMCO, Inc. In connection with the closing of the sale transaction, NGMCO, Inc.

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GM Sale General Motors Davis 150

Green Car Congress

NOVEMBER 12, 2010

General Motors inaugurated its new flexi-engine facility in Talegaon, GM’s first powertrain plant that enables gasoline and diesel engines to be manufactured simultaneously. The new engine plant will begin by producing engines for small passenger cars manufactured by GM in India. Tags: Brief.

India 210

India GM Engine Automobile Manufacturer 210

Green Car Congress

DECEMBER 18, 2009

General Motors announced today that the intended sale of Saab Automobile AB would not be concluded. After the withdrawal of Koenigsegg Group AB last month, GM had been in discussions with Spyker Cars about its interest in acquiring Saab. As a result, GM will start an orderly wind-down of Saab operations.

Wind 186

Wind GM Sale Automobile 186

Green Car Congress

SEPTEMBER 8, 2010

GM will introduce the Aveo 5-door at the upcoming Paris Motor Show. The car will go on sale in the United States and Canada in 2011. The Aveo RS show car was displayed at the Detroit and Geneva motor shows earlier in 2010. Tags: Diesel Engines Fuel Efficiency. The Aveo 5-door. Click to enlarge.

Diesel 199

Diesel GM Motor Motors 199

Green Car Congress

AUGUST 10, 2009

Starting tomorrow and running through 8 September, GM is running a test program for online car sales on eBay in California at gm.ebay.com. With more than 225 GM dealers in California participating, shoppers can at any given time expect to see a selection of up to 20,000 new GM vehicles, according to the company.

Cash For Clunkers 150

Cash For Clunkers GM Sale Dealers 150

Green Car Congress

NOVEMBER 3, 2009

Jerry York, former GM director, projected that US auto sales are likely to remain flat in 2010. York told the Reuters Autos Summit in Detroit that “ I just can’t fathom anything that’s going to cause a material increase in auto sales in this country in 2010 compared to 2009. ”. Tags: Brief. The economy.

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2010 GM Auto Sale 170

Green Car Congress

AUGUST 24, 2009

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. GM began doing business in Brazil in 1925. The 2010 Agile.

Chevrolet 280

Chevrolet GM Paraguay Uruguay 280

Green Car Congress

AUGUST 18, 2009

General Motors Co. confirmed it has signed a stock purchase agreement with Koenigsegg Group AB regarding the sale of 100% of the shares of Saab Automobile AB. Saab is about to launch several new cars, developed with General Motors, that are in the final stages of development. Tags: Vehicle Manufacturers.

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Purchase GM Sale General Motors 170

Green Car Congress

JUNE 22, 2010

General Motors is creating a new regional organization to meet rising customer demand in South America. GM South America will be headquartered in Sao Paulo, Brazil and will be led by Jaime Ardila, currently president and general manager GM Mercosur. GM South America currently has 29,000 employees. Tags: Brief.

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South America America GM Paraguay 186

Green Car Congress

DECEMBER 28, 2009

GM will retain 100% ownership of the R&D center in India. SAIC and GM-US formed a 50:50 joint venture investment company called General Motors SAIC Investment Ltd (GMSIL), which will be based in Hong Kong. GM’s domestic market share is less than four per cent. Tags: Brief. Business Standard.

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GM India General Motors Chevrolet 186

Green Car Congress

JANUARY 26, 2010

General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. The sale will be subject to customary closing conditions, including receipt of applicable regulatory, governmental and court approvals. GM will continue to support Saab and Spyker on their way forward.

GM 199

GM Automobile Wind Sweden 199

Green Car Congress

JULY 23, 2010

General Motors and AmeriCredit Corp. have entered into a definitive agreement for GM to acquire AmeriCredit, a leading independent auto finance company, in an all-cash transaction valued at approximately $3.5 Under GM ownership, AmeriCredit will maintain its own direct access to the capital markets for its financing requirements.

GM 186

GM Financing Dealers General Motors 186

Green Car Congress

JULY 30, 2010

Due to what it termed “ strong public interest ” in the Chevrolet Volt, General Motors will increase US production capacity of the Volt by 50%, from 30,000 units to 45,000 units, in 2012. The announcement came as US President Barack Obama toured the Detroit-Hamtramck facility, where the Volt is being produced now for sale later this year.

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Volt GM 2012 Production 244

Green Car Congress

OCTOBER 9, 2009

General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Citi is acting as financial advisor to GM. Tags: Brief. Tengzhong is one of China’s major privately owned engineering companies.

Hummer 210

Hummer General Motors For Sale Motor 210

Green Car Congress

JUNE 6, 2010

GM India will manufacture the 1.0-liter litre gasoline engine from the same facility, which will be introduced at the end of this year, [General Motors India Vice-President (Sales, Marketing & Services) Ankush Arora] said. Tags: Brief. The auto major will also manufacture its 1.2-litre

India 210

India Gasoline GM Manufacturer 210

Green Car Congress

FEBRUARY 12, 2010

Representatives of General Motors Company in Korea and UzAvtoSanoat of Uzbekistan signed a Memorandum of Understanding (MOU) in Seoul, Korea, for their GM Uzbekistan joint venture to launch the production of a new small vehicle mainly destined for emerging markets. Tags: Brief.

Uzbekistan 186

Uzbekistan Chevrolet GM Russia 186

Green Car Congress

OCTOBER 5, 2009

Reported hybrid sales by month. In the aftermath of the summer sales boom fueled by the US Cash for Clunkers program, September 2009 light duty vehicles sales dropped back to pre-incentive lows. With 745,997 cars and light duty trucks sold in September, according to Autodata, sales were down 22.7% American Honda Motor Co.,

Cash For Clunkers 225

Cash For Clunkers Sale LS 600H Hybrid 225

Green Car Congress

DECEMBER 4, 2009

China domestic sales of SAIC-GM JVs and milestones. GM and SAIC JVs have sold more than 6.3 They are growing their presence outside mainland China with the launch of an investment joint venture in Hong Kong and a new joint venture for the production and sale of Chevrolet brand vehicles in India. Source: GM.

India 170

India Asia GM Commercial 170

Green Car Congress

NOVEMBER 10, 2009

On 10 November, General Motors and its joint ventures in China surpassed 1.5 million units in sales for 2009. For the first 10 months of 2009, GM’s domestic sales in China totaled 1,459,460 units. Shanghai GM sales in the first 10 months rose 46.5% FAW-GM Light Duty Commercial Vehicle Co.

China 199

China Sale Buick Minivan 199

Green Car Congress

MAY 4, 2009

General Motors issued a short statement announcing that it is proceeding to the next step with respect to the sale of Saturn. GM said it will be reviewing expressions of interest from the potential buyers and will look to secure an agreement with a specific buyer later this year. Tags: Brief.

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Saturn Chrysler GM Europe 150

Green Car Congress

AUGUST 13, 2009

GM’s SAIC-GM-Wuling joint venture signed a framework agreement with GM’s former Latin America, Africa and Middle East operations and distribution agreements with individual countries to export and distribute two of its most popular mini-commercial vehicles from China to markets in South America, the Middle East and North Africa.

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South America Africa GM America 199

Green Car Congress

MAY 15, 2009

GM began contacting its dealers today regarding its long term planning, and is advising approximately 1,100 “ underperforming and very small sales volume US dealers ” that GM does not see them as part of its dealer network on a long-term basis. Mark LaNeve, GM Vice President of Sales Service and Marketing.

Dealers 150

Dealers GM Saturn Future 150

Green Car Congress

NOVEMBER 3, 2010

SAIC Motor Corp., SAIC) and General Motors Co. (GM) GM) signed a non-binding memorandum of understanding (MoU) on strategic cooperation. In the first ten months of 2010, SAIC and GM’s Shanghai GM (SGM) joint venture sold about 843,000 vehicles in China. It has already reached this mark in 2010.

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GM Energy Vehicles 2010 218

Green Car Congress

FEBRUARY 25, 2010

General Motors and Spyker Cars NV finalized the deal for Spyker to purchase Saab Automobile AB. As a result, GM will begin the orderly wind-down of the HUMMER operations. GM will continue to honor HUMMER warranties, while providing service support and spare parts to current HUMMER owners around the world. Tags: Brief.

Hummer 199

Hummer Wind Sale General Motors 199

Green Car Congress

JUNE 2, 2009

Ltd (Tengzhong) and General Motors Corp. GM had earlier announced the signing of a memorandum of understanding on the sale, without identifying the prospective buyer. In an earlier statement, GM said it expects the deal if successful to secure more than 3,000 US jobs. Citi is acting as financial advisor to GM.

Hummer 207

Hummer GM Purchase Dealers 207

Green Car Congress

AUGUST 30, 2009

General Motors China and China FAW Group Corp. have formed a light commercial vehicle joint venture: FAW-GM Light Duty Commercial Vehicle Co. The new 50-50 joint venture between GM China and FAW is based in Changchun, Jilin. It is focused on the production and sale of light-duty trucks and vans. Tags: Brief.

Light 210

Light GM Commercial China 210

Green Car Congress

MAY 1, 2009

Reported US sales of light-duty vehicles in April dropped 34.4% Sales of passenger cars dropped 34.2% to 432,939 units, while sales of light trucks dropped 34.5% Combined reported US hybrid sales (from Toyota, Honda, Ford, GM and Nissan) in April totalled 21,735 units, a 45.5% General Motors. US LDV SAAR.

Sale 150

Sale Hybrid Fusion 2008 150

Green Car Congress

DECEMBER 2, 2009

At the Los Angeles Auto Show, GM announced that the Chevrolet Volt extended range electric vehicle will first be available late next year in California, with other lead markets to be named later. GM is working with key utilities across North America to prepare each regional market in advance of the retail market deployment.

Volt 186

Volt California GM EPRI 186

Green Car Congress

JUNE 2, 2009

General Motors Corp. The sale is expected to close by the end of third quarter of this year and is subject to customary closing conditions, including receipt of applicable regulatory approvals. Other terms and conditions specific to the sale are not being disclosed at this time. Tags: Brief. Earlier post.) Earlier post.)

Hummer 150

Hummer GM General Motors Financing 150

Green Car Congress

MARCH 31, 2009

General Motors announced the most comprehensive customer protection in the industry with “GM Total Confidence”. Recovery in a private sale is up to $2,500. The GM Total Confidence plan is available for almost every GM vehicle purchased 1 April through 30 April 2009 (excluding Saab and medium-duty trucks).

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GM General Motors Financing Dealers 150

The Truth About Cars

JULY 25, 2023

With General Motors plowing full-speed ahead toward electrification, there are bound to be a few vehicles that don’t make the transition. GM CEO Mary Barra made the announcement on a recent earnings call. While electric, the Bolt and Bolt EUV do not utilize GM’s new Ultium EV platform, which all other new models do.

Tax Credit 78

Tax Credit Power Powered General Motors 78

Green Car Congress

JUNE 16, 2009

General Motors Corp. At the Geneva Motor Show earlier this year, Koenigsegg also introduced a four-seat solar electric car concept, the Quant, developed in partnership with NLV Solar. Additional support is to be provided by GM and Koenigsegg Group AB to fund Saab’s operations and product program investments.

General Motors 150

General Motors Motor Motors Motoring 150

Green Car Congress

AUGUST 30, 2009

On 11 August, GM invited approximately 75 journalists and auto analysts to spend a day learning about the new GM. The day was split between a morning session at the GM tech center in Warren and an afternoon session at the GM proving grounds in Milford, MI. GM’s identify in the US starts with its four core brands.

GM 262

GM Buick Fuel Economy Economy 262

Green Car Congress

NOVEMBER 5, 2009

Reported US sales of hybrids. Reported US sales of hybrids in October 2009 rose 11.4% share of reported new vehicle sales for the month. Reported hybrid sales include those from Toyota, Ford, Honda, GM and Nissan; Mercedes-Benz is not breaking out sales of its new S400 Hybrid. of its sales in October.

Sale 199

Sale Hybrid 2008 Altima Hybrid 199

Green Car Congress

JUNE 1, 2009

General Motors Corp. reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM. GM Manufacturing Plans.

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GM Canada 2009 2010 150