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The 2012 Buick Verano. (GM)
Buick’s long-awaited compact sedan, the 2012 Verano, bows Monday at the Detroit Auto Show.
Built off the same platform that carries the Chevy Cruze and Opel Astra, the front-wheel-drive Verano will have 1.4-liter, 180-horsepower turbo 4-cylinder as its base engine with a 6-speed automatic transmission, according to Edmunds.com, which said it will be priced from $22,500. Get the full story »
The OnStar safety system is escaping from the boundaries of General Motors and will be available in the spring to people who own cars and trucks made by other auto companies.
To get the service, though, people have to buy a special OnStar rearview mirror for $299 and then pay a monthly fee that starts at $18.95. Get the full story »
General Motors posted a 7.5 percent rise in U.S. auto sales in December on Tuesday, capping a year of gradual recovery for the industry overall that is expected to continue in the new year. Get the full story »
Fast growing Korean manufacturer Hyundai Motor and its Kia Motors affiliate shared the top spot for crash safety in a broad review of 2011 models. (See the full list)
Volkswagen and its luxury Audi brand also were among the 66 passenger cars and sport utilities garnering the highest ratings published by the Insurance Institute for Highway Safety. Get the full story »
For the second year, OnStar is teaming up with NORAD to track Santa Claus on his Christmas Eve flight around the world.
From 5 a.m. Dec. 24 until 4 a.m. Dec. 25, OnStar advisers will let subscribers know exactly where Santa is based on data from the North American Aerospace Defense Command, which has been following the old elf’s adventures for 54 years using North Warning Radar System, geo-synchronous satellites with infrared sensors and Santa Cams. Get the full story »
Bloomberg News | The National Highway Traffic Safety Administration is investigating 2004-2007 Saturn Ion sedans after receiving more than 600 complaints that the cars lost power steering suddenly. Some 384,000 vehicles are involved.
The government has received another $2.1 billion in repayments from General Motors Co. Get the full story »
General Motors CEO Dan Akerson speaks at the Economic Club of Washington, Dec. 10, 2010. (AP Photo/Susan Walsh)
General Motors will seek some relaxation of executive pay restrictions imposed by the U.S. government as a condition of providing $50 billion in bailout and bankruptcy financing.
The automaker’s chief executive, Dan Akerson, told the Washington Economic Club that he would meet with the Obama administration’s acting special paymaster, Pat Geoghegan, later on Friday to discuss the matter.
“We have to be competitive and attract and retain great people. We’ve been able to do that. But we’re starting to lose them,” Akerson said. Get the full story »
The Treasury Department has received an additional $1.8 billion in net proceeds from the sale of additional stock in General Motors. Get the full story »
General Motors said on Thursday that it made a $4 billion cash contribution to pension plans for its U.S.-based hourly and salaried workers. Get the full story »
Though still far from robust, the U.S. auto market continued its slow recovery in November as consumers headed for showrooms, enticed by heavy month-end advertising.
General Motors Co. the first of the major automakers to report Wednesday, said that November sales rose 21% from a year earlier, to 168,704 vehicles, after factoring out the Pontiac, Hummer, Saturn and Saab brands it closed or sold as part of its bankruptcy reorganization last year.
Through the first 10 months of this year — prior to the reports of November sales — the industry has been averaging about an 11% gain. Get the full story »
The Chevy Volt. (Bill Pugliano/Getty Images)
General Motors said on Tuesday it would hire 1,000 engineers and researchers in Michigan over the next two years to develop more electric cars and hybrids as it launched its battery-powered Chevrolet Volt.
“Volt clearly demonstrates that we are well on our way and it is especially true when it comes to the electrification of the automobile,” GM Chief Executive Dan Akerson said at a ceremony marking the start of production of the plug-in hybrid.
The Volt, which tops the Toyota Prius for fuel economy, is a first-of-its-kind vehicle that GM has touted as a symbol of its commitment to pushing for gains in fuel efficiency and developing new technology. Get the full story »
General Motors Co’s underwriters exercised their full overallotment option, making the initial public offering of the U.S. automaker the biggest in the world, at $23.1 billion. Get the full story »
General Motors Co. said Wednesday that its Chevy Volt will carry an overall fuel economy rating of 60 miles per gallon, topping the Toyota Prius, the long-time fuel economy leader.
GM has begun to build the long-awaited Volt at a Detroit-area factory, with initial sales expected for December. Get the full story »
