GM to lay off 560 workers at Romulus plant in Michigan
General Motors is laying off 560 workers at its engine plant in Romulus near Detroit, Mich., reports Detroit Free Press. The automaker is retooling the...
US Treasury Department prices GM stock shares
The U.S. Treasury Department has priced 30 million share of General Motors stock. The GM shares were priced at $34.41 per share. The sale is...
GM launches 2-year free maintenance program
General Motors announced that it is offering a free maintenance program for two years or 24,000 miles on new 2014 Chevrolet, Buick or GMC...
US Treasury, UAW trust plan to sell 50 million GM shares
The U.S. Treasury Department and the UAW retiree health care trust plan to sell a total of 50 million shares of General Motors (GM)...
General Motors rejoining S&P 500 Index
General Motors (GM) is planning to rejoin the Standard & Poor's (S&A) 500 Index, reports Detroit Free Press. GM will replace H.J. Heinz on the...
GM moving 70 finance jobs to Detroit from New York
General Motors has decided to move about 70 finance staffers from its New York treasury office to Detroit by mid-2014. According to GM spokesman Dave...
GM hires 110 school students as summer interns in Detroit
General Motors (GM) has hired 110 high school students as summer interns to help clean up the Detroit city, perform service projects and learn...
Lincoln’s ad agency hires former GM exec as president
Former General Motors executive Mark LaNeve was appointed as president of Hudson Rouge in New York, which is creating Lincoln's advertising. LaNeve succeeds Cameron McNaughton,...
GM to invest $332M for fuel-efficient engines and transmissions
General Motors Co. (GM) said it will invest about $332 million in four manufacturing sites to produce more fuel-efficient engines and transmissions. The company will...
GM Could Save $200M Annually By Increasing Resale Values
General Motors (GM) said it can save $200 million per year by improving resale values of its vehicles, Bloomberg News reported. GM's residual values rose...