Friday 25 April 2014
 
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General Motors

GM sued by investor over slow ignition fix

General Motors Company and its chief executive Mary Barra are being sued by an investor for failing to adequately address known ignition switch defects in its cars that led to the recall of over 3.1 million vehicles, according to court documents

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US auto giants back in top gear

The top four carmakers in the US market missed December sales expectations, but 2013 will still easily be the best year for the industry since before the recession. General Motors said that the US car industry will have December U

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GM shakes up auto industry, names first woman CEO

General Motors CEO Dan Akerson will step down next month and be replaced by GM "lifer" and global product chief Mary Barra, a sign that the development of new vehicles will be the paramount focus of the company that emerged from bankru

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US exits GM stake in $10bn loss for taxpayers

The US government sold its last shares of automaker General Motors Company on Monday, marking an end to a historic bailout of one of America's most storied companies. The sale leaves taxpayers short about $10 billion of the fu

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GM names new president, MD for Mideast

General Motors has announced the appointment of Maurice Williams as president and managing director of its Middle East Operations, effective November 1. Williams will succeed John Stadwick, who has been appointed vice president of

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Chevrolet nets record global sales in Q3

Chevrolet sold a record 1.25 million vehicles around the world in the third quarter of 2013, up 0.6 per cent over the same period in 2012, and the brand achieved its 12th straight quarter of year-over-year increased sales.  

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Cadillac July sales rise 29pc in Mideast

Sales of Cadillac, General Motors’ luxury brand, rose 29 per cent in the Middle East year-on-year in July, as dealers recorded their best ever sales for the ATS and their best July sales month for the SRX. Cadillac sales in

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ACDelco sees Mideast sales jump 27pc in H1

ACDelco, an automotive spare parts brand and a division of General Motors, registered a 27 per cent increase in Middle East sales during the first six months of 2013 as against last year. The boost was led by strong demand for gen

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Chevrolet global sales edges up in H1

Chevrolet has sold 2.5 million vehicles around the world in the first half of this year, up 1.4 per cent over the same period in 2012. General Motors, overall, posted sales of more than 4.85 million vehicles in the first half of 2

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Cadillac sales up 14pc in Middle East

Cadillac has reported a 14 per cent rise in sales in the Middle East region in May, as dealers recorded it as their best month so far this year. According to the General Motors' luxury division, sales continue to be driven by

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