An engineer is claiming General Motors knew about its faulty ignition switches years ago, and chose not to spend about $1 per vehicle to address the problem.
General Motors announced this afternoon that it will offer select salaried retirees a lump-sum payment offer, and will outsource retirees' pension administration to the Prudential Insurance Company of America.
GM says the moves will reduce its US salaried pension obligation by about $26 billion.
With the price of gas reaching the $4 a gallon threshold, you would expect sales of trucks and SUV's to be slow. General Motors has announced that it will halt production of the Chevy Volt for five weeks beginning later this month because dealers had more inventory than they need. Production of the Volt is scheduled to stop on March 16th and resume in late April, a G.M. spokesman, Chris Lee said
You may see some of your friends in this video from NBC's 'Rock Center With Brian Williams' that aired Wednesday. (Feb. 15, 2012)
The spotlight was on Flint, as General Motors is once again claiming its place as the number one car manufacturer in the world.
This week marks the 75th anniversary of the Sit-Down Strike in Flint. In late December of 1936, workers at Fisher Body #1 became part of what has been called the most significant strike in American labor history. These workers were fighting for recognition of their union, the United Auto Workers, and to keep their jobs from going to non-union workers. The strike lasted 44 days and the workers
General Motors fumbled away the title as the world's largest car-maker in 2008 to Toyota, but is poised to reclaim it this year. It has been a dramatic turnaround for the automaker. A combination of events have helped propel GM back to number one. Toyota's recalls, Japan's earthquake, and a historic shift in car buying have pulled GM out of bankruptcy. This year GM has 6.79 million sales, leading
If you have served honorably in the Armed Services, General Motors may be looking for you. GM will sponsor a job fair for veterans at the Mott Community College Regional Technology Center on Friday, September 23 from 10-2 in Room 1301.
Workers are quite happy to be back at work at the Flint Assembly GM plant. WNEM reports that third shift workers have checked in as of late last night to begin work on trucks. The first truck to roll off the line was a Chevrolet Silverado 3500 HD.
Over the weekend, we heard news of GM planning to make an official announcement today regarding more money going into a plant. WNEM reports they have made it official that they will invest $328 million to get ready for the Flint plant to build the next generation of Chevrolet and GMC full size trucks.