Archive for the ‘General Motors’ Category

Ford today reported net income of $997 million, or 29 cents per share, in the third quarter as strong new products, structural cost reductions and improved results at Ford’s finance division lifted the company’s results despite continued weak global economic conditions. This is a $1.2 billion improvement compared with the same period last year. [Wall Street Journal]

General Motors has given us a futuristic vision of technology and design with the 50th Anniversary Chevrolet Corvette Stingray Concept. Highlights include scissor-style doors, ergonomic seats, a rear-view camera with night vision enhancement, and a high performance ...

Here at TheCarConnection.com, we read a lot of automaker press releases. A week ago today, a pretty unusual one landed on our desks: GM was touting the text of a letter from a "disgruntled owner" of its new 2010 Chevrolet Camaro.

Surprise, surprise, the owner wasn't actually unhappy. Instead, it was a mock complaint citing all the wonderful aspects of the 2010 Camaro in the guise of problems.

For instance, "it's too sexy." And, "they gave me the wrong motor" because "this thing is way too fast for a V6. It practically LEAPS when I step on the gas." And so forth.

It was so in line with GM's talking points that we figured it had been written...

In what could be one of General Motors' smartest moves in recent years, the company has announced plans to roll out its popular OnStar system in China. This marks the first time OnStar will be offered outside North America. The service will be available as of December 6 -- first in Cadillacs, then Buicks, and eventually Chevrolet models. Subscription pricing was not included in the announcement.

GM's decision isn't surprising. China's economy is growing by leaps and bounds, and by all appearances, the country is recovering faster than others from the global economic crisis. Those factors, along with China's continuing trend toward...