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Tag: general motors
General Motors Shows It's Serious About Strengthening Cadillac by Using Layoffs
2014-12-10 22:23:27| Automakers - Topix.net
The layoff reduces to two shifts from one the work force building Cadillac ATS and CTS models in a move to shrink the output of those models, whose inventory has been swollen due to slow sales. With less output, GM's revenue surely will take a hit, but the longer-term objective is to strengthen Cadillac's pricing by reducing the discounts that once were GM's preferred method for shrinking inventory.
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Why General Motors Stuck With High Cadillac Prices Despite Slow Sales
2014-12-07 19:45:51| Automakers - Topix.net
The Cadillac ATS has won critical praise -- but the cars have been piling up at dealerships. GM announced last month that it will cut production of the compact luxury sedan.
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General Motors: Buy Now While Priced At Discount
2014-12-01 09:39:40| Automakers - Topix.net
General Motors has had a rough year as the company has been pummeled by a huge recall crisis and losses in its European Operations. However, brighter days look ahead in the coming year.
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General Motors China and Shanghai Jiao Tong University to collaborate on vehicle sharing with Chevy EN-V 2.0
2014-11-21 11:55:35| Green Car Congress
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Arizona sues General Motors for fraud over recalls
2014-11-20 23:08:23| Automakers - Topix.net
Arizona's attorney general, Thomas Horne , has sued General Motors over the carmaker's string of recalls, saying customers in that state had been defrauded to the tune of $3 billion. New York Times explained that the move splits Arizona from 47 other state attorneys general that had been cooperating on an investigation into GM's troubles addressing an ignition-switch defect in some of its cars.
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