Sunday 14 February 2016
 
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General Motors

GM invests $500m in ride-sharing service

General Motors said on Monday it will invest $500 million in ride-sharing service Lyft and laid out plans to develop an on-demand network of self-driving cars with the ride-sharing service. The biggest single Detroit-Silicon Valle

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GM invests $500m in ride-sharing service

General Motors said on Monday it will invest $500 million in ride-sharing service Lyft and laid out plans to develop an on-demand network of self-driving cars with the ride-sharing service. The biggest single Detroit-Silicon Valle

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US auto industry to see record sales in 2015: GM

The US auto industry is on track for a record year of annual sales, General Motors Co said on Tuesday, as the top US automaker and its rivals reported October sales that far exceeded expectations. GM said US auto sales are on pace

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US auto industry to see record sales in 2015: GM

The US auto industry is on track for a record year of annual sales, General Motors Co said on Tuesday, as the top US automaker and its rivals reported October sales that far exceeded expectations. GM said US auto sales are on pace

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US wage growth in Q2 slowest in 33 years

US labour costs in the second quarter recorded their smallest increase in 33 years as workers earned less in commissions and bonuses, in what appeared to be a temporary wage growth setback against the backdrop of diminishing labour market slack.

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Shanghai GM to spend $16bn developing new vehicles

Shanghai GM, a joint venture between General Motors and China's SAIC Motor Corp, plans to spend 100 billion yuan ($16 billion) over the next five years developing new vehicles, Shanghai GM President Wang Yongqing said on Sunday.

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Saudi GM dealer enlists SRB for Shari’a offerings

Dar Al Etiman, the financial arm of Saudi-based Universal Motors Agencies, a dealer of General Motors, has assigned Shariyah Review Bureau (SRB) to supervise its upcoming Shari’a compliant products as it looks to expand its offerings in th

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Saudi GM dealer enlists SRB for Shari’a offerings

Dar Al Etiman, the financial arm of Saudi-based Universal Motors Agencies, a dealer of General Motors, has assigned Shariyah Review Bureau (SRB) to supervise its upcoming Shari’a compliant products as it looks to expand its offerings in th

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GM recalling vehicles over ignition glitch

General Motors (GM) has announced three new recalls affecting nearly 84,000 sport-utility vehicles and pickup trucks, saying their ignition systems may have problems that could affect engine power and air bag deployment. Ignition

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GM recalls half a million cars, SUVs globally

General Motors said on Friday it was recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch problems and loose parts and would stop sales of two new truck models with potential air bag defects.

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