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News Tagged By: General Motors (GM)

GM puts the brakes on Camaro production at Oshawa plant
Moving the Camaro to Michigan will cost GM about $200-million, which will most likely be felt in second quarter of 2015.
Posted on 4-30-2015 at 2:09 PM
Kevin O'Leary: General Motors is screwing Ontario, politicians are to blame
O’Leary says the extreme volatility of the financial crisis was an opportunity to cleanse weaker companies from the market place, allowing their assets to flow to stronger managers.
Posted on 4-30-2015 at 7:52 PM
GM adding engineers as it beefs up Oshawa research centre
The new initiative for the research centre comes as General Motors Co. and its rivals race to develop more high-tech options on the way to the self-driving car.
Posted on 4-28-2015 at 1:00 PM
General Motors posts weaker-than-expected quarterly profit
Excluding one-time items related to ending manufacturing in Russia and the compensation program related to the faulty switch, GM earned 86 cents a share. That was below the 97 cents analysts polled by Thomson Reuters I/B/E/S had expected.
Posted on 4-23-2015 at 7:59 AM
General Motors gets boost from smaller pickups, but doubters question for how long
General Motors Co's return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models.
Posted on 4-22-2015 at 4:29 PM
GM pushing Unifor to ditch defined benefit compensation packages
The auto maker is making the push as it discusses with Unifor – the union that represents hourly paid workers – potential investments in new vehicles and products at assembly plants in Oshawa, Ont., and an engine and transmission making facility in St. Catharines, Ont.
Posted on 4-09-2015 at 7:28 AM
Canadian taxpayers lose $3.5B on 2009 bailout of auto firms
The federal government’s sale of the remaining 73.389 million common shares it held in GM will close the book on the investment and the auto maker’s period of being derided as “Government Motors.”
Posted on 4-08-2015 at 8:25 AM
Canada sells GM stake worth about $2.7B before budget
Canada has agreed to sell its 73.4 million shares to Goldman Sachs & Co. in an unregistered block trade, the finance department said in a statement Monday. The transaction will be complete by April 10.
Posted on 4-06-2015 at 9:25 PM
Fiat Chrysler U.S. sales streak reaches 5 years as Ford, GM slip
Fiat Chrysler Automobiles NV said March U.S. vehicle sales rose 1.7 percent, extending its streak of monthly gains to five years amid an expanding U.S. auto industry as General Motors Co. and Ford Motor Co. posted declines.
Posted on 4-01-2015 at 11:12 AM
Three family road trip cars that will keep the kids quiet
No need to ask "Are we there yet?" with tech specs like these.
Posted on 3-20-2015 at 1:00 PM
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