New Delhi, Feb 22 : General Motors India Saturday launched a new variant of its Sail hatchback and sedan.
The new hatchback is priced between Rs. 4.21 lakh and Rs. 6.54 lakh, while the sedan is priced at Rs. 5.07-7.45 lakh (ex-showroom, Delhi).
"By offering bold new feature additions at no additional cost, we are confident that the two carlines will be even more appreciated by our esteemed customers," said Rajesh Singh, vice president, sales, marketing and after sales, General Motors India.
The Indian arm of American carmaker General Motors (GM) will focus on the export market to utilize idle capacity at its Talegaon, Maharashtra-based manufacturing facility.
The Talegaon plant has a production capacity of 160,000 units per annum, but currently it has just around 40 per cent utilization. The company is using the plant to manufacture Beat and Sail U-VA hatchbacks as well as Sail sedan.
Chicago, Nov 16 : Leading US automaker General Motors Corporation issued two recalls for about 60,000 Chevrolet Malibu sedans due to problems with power seat wiring and the heating, ventilation and air conditioning system.
According to a report, the Detroit-based auto giant is recalling 14,930 Malibu cars of the 2013 model from North America because wiring beneath the seats can catch fire, reported Xinhua Friday.
Mexico City, June 28 - The Mexican unit of US automaker General Motors said it planned to invest $691 million to expand its operations in Guanajuato, San Luis Potosi and Mexico states.
Beijing, June 19 - US General Motors Co. is set to recall about 231,000 older SUVs over fire risks and has urged owners to park them outside garages until they are repaired, a media report said.
The Detroit-based automaker agreed to recall 193,000 2006-2007 Chevrolet Trailblazer, GMC Envoy, Buick Rainier, SAAB 9-7x, Isuzu Ascender and 2006 Chevrolet Trailblazer EXT and GMC Envoy XL in the US, reported Xinhua.
The recall also includes 3,546 in Canada, 4,876 in Mexico and 30,000 outside North America, the Detroit News said.
The Indian unit of automotive giant, General Motors has announced the launch of its multi utility vehicle (MUV) Chevrolet Enjoy in the Indian market.
The new Chevrolet Enjoy will be available in both petrol and diesel options in the country. The petrol version will be powered by a 1.4 litre engine and on the other hand the diesel variant will have a 1.3 litre engine. The buyers will have a 7-seater and 8-seater options for the vehicle. The company said that the vehicle has been specially re-engineered and re-designed to meet Indian conditions.
New Delhi, May 9 : American automobile major General Motors Thursday launched its new multi-purpose vehicle (MPV) Enjoy.
The vehicles' petrol version is priced at Rs. 5.49-6.99 lakh and the diesel one at Rs. 6.99-7.99 lakh (ex-showroom Delhi).
The GM's new MVP is expected to compete with the likes of Maruti Suzuki's Ertiga, Toyota's Innova and Mahindar's Xylo. However, Toyota's Innova and Mahindra's Xylo have a starting price of above Rs. 9 lakh.
According to the company, it was able to achieve attractive introductory price due to extensive localisation of the components.
Chicago, May 8 : General Motors has been given green light by China to build a $1.3 billion factory in Shanghai, the automaker said.
The plant will be located in Shanghai's Jinqiao district, GM said in a statement Tuesday.
Construction is to begin in June, reported Xinhua citing the Chicago Tribune.
GM said the planned production capacity for the factory is 150,000 vehicles.
"We want to build where we sell. That is very important to us," said Alan Adler, a GM spokesman in Detroit.
Chicago, May 3 : General Motors said its profit fell 13.8 percent in the first quarter of 2013 from last year's $1 billion.
The largest US automaker reported net income of $865 million in the first quarter, or 58 cents a share, which beat analysts' expectations, reported Xinhua.
GM earned an adjusted $1.4 billion in North America before interest and taxes in the first quarter. Company officials attributed weaker profit in North America to GM's numerous new vehicle launches and a drop in wholesale deliveries as it changes over plants.
Chicago, Feb 15 : General Motors Co. earned $4.86 billion in 2012, down from a record $7.59 billion in 2011, Detroit News quoted GM as saying.
The Detroit automaker earned $2.92 per share for the year, down from $4.58 a share in 2011, reported Xinhua.
GM's revenue rose by $1.3 billion in the fourth quarter to $39.3 billion and increased one percent in 2012 to $152.3 billion.
Big losses in Europe and lower vehicle prices in North America market are major reasons behind the automaker's profit slip in 2012.
American auto giant, General Motors has announced a range of attractive discounts in the trucks market in order to attract customers and compete with discounts from rivals Ford and Chrysler.
General Motors, with an aim to clear the 2012 stock, is offering a up to $9,000 off the remaining 2012 models. The company has also announced $4,500 off the models produced in 2013. The discounts along with low interest rates, attractive lease deals and abundant credit options will help boost demand in the market for trucks.
American automaker, General Motors has recorded its highest ever monthly sales in the Chinese market with 220,996 vehicles during the month of August beating a gloomy economic situation in the world's second largest economy.
In a move which General Motors (GM) claims is aimed at trimming its excess inventory, the automaker has decided to stall the production of its Chevrolet Volt battery-powered cars for 26 days --- most likely from September 17 to October 12.
With a GM spokeswoman confirming the four-week temporary suspension of the production of Chevrolet Volt at the Hamtramck, Michigan, plant, it is for the second time this year that the manufacturing of the plug-in sedan has been idled by the automaker.
In a move which will help General Motors (GM) shove its Cadillac luxury brand into the fast lane, Don Butler – VP of marketing for Cadillac – announced on Tuesday that the automaker has plans underway to bring about a two-fold increase in the 2010 US sales volume of Cadillac in the “next couple of years."
With the 2010 sales figures of Cadillac cars and sport-utility vehicles (SUVs) standing at 146,925, Butler said that the GM plans to increase that number to approximately 294,000 units by 2014.
According to a Monday disclosure by plant suppliers and union sources at General Motors' (GM) Chevrolet Volt-manufacturing Michigan assembly plant, the facility will be idled by the automaker for nearly a month, from mid-September to mid-October.
Revealing that the production at the Detroit-Hamtramck plant will be suspended from September 17 till October 15, the plant suppliers and union sources said that the 1,500 union workers at the facility had been informed by the UAW leaders about the scheduled production downtime.
In a Thursday announcement, General Motors (GM) confirmed that the next-generation model of the company’s Chevrolet Cruze compact car for the North American market will be manufactured, as expected, at its Ohio factories, which build the present version of the vehicle.
For building the next-generation Chevrolet Cruze, which will likely hit the markets by 2014-end, GM and two local United Auto Workers (UAW) unions will make a $200 million investment in its Lordstown, Ohio, plant; and an additional $20 million investment in its Parma, Ohio, plant.
American auto maker, General Motors ahs released its new Cadillac ATS compact sports sedan in Detroit on Sunday.
The company claims that the company has a rear-wheel-drive chassis that is at least 100 pounds lighter than any of it rival models. The company had initiated a weight-reduction program for each section of the car to create a light weight vehicle.
According to GM North America President Mark Reuss, the new Cadillac ATS is not only comparable to models form Audi, BMW and Mercedes-Benz but is superior to them. The new model will come with three engine choices;
The much talked about Chevrolet Beat Diesel is all set to make its way on 25th of this month. Even the authorized dealers have been told to display the vehicle, offer test drives and take advance bookings.
To be priced between Rs 4.30 lakhs to Rs 5.30 lakhs depending on the trim level, the booking amount for the car is Rs. 25,000/- though waiting period could go for at least one month. Powered by a 1 litre, 3-cylinder turbocharged diesel engine, the Chevy Beat diesel is expected to provide mileage of 24 kilometers to the litre.
The US-based General Motors (GM) announced that they had dissolved the plan to manufacture a car which was at a lower range than its Chevrolet Spark. As per Karl Slym, President and Managing Director, GM India, the company had dropped the project instead the company was looking forward to launch a diesel car which was an alternative of Beat.
New Delhi, June 23 : With the upcoming launch of the diesel version of its best seller hatchback car Beat, American automobile major General Motors (GM) expects its sales to soar in the current fiscal.
"With the launch of Beat diesel, our company's sales growth would be double of what the whole market growth is," Karl Slym, president and managing director of General Motors India, told reporters here at the company's showcase event for Beat electric prototype vehicle, which the company is developing as a clean energy car.