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Ontario Plans to sell its General Motors Shares Over the Next Year


Ontario has decided to sell its General Motors shares in the following year as it plans to review its state-owned assets. “Some assets may no longer serve a public good,” Finance Minister Charles Sousa said. “One good example is our shares in GM.” The Minister added that the government will carefully analyze the market conditions to see when it would be the ...
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General Motors announcing another 1.3m unit recall
General Motors has recently announced another recall which is affecting a total of 1.3 million units this time in the American market because of a problem with the power steering. The ...
Recall roundup: More than 650,000 GM vehicles – number reaches almost 5m
General Motors has announced a recall for more than 650,000 SUVs, trucks and Cruzes for ill-fitting transmission oil cooling lines and right front axle half shaft, which can fail. The hits ...
Delphi Officials: GM Approved Design of Switches Although They Did Not Meet Specifications
New data in the GM recall hearing revealed that the automaker approved the design of switches 12 years ago although it knew the model did not meet specifications. Delphi officials, the ...
Breaking: GM Has Ignored Proposed Ignition Switch Fix in 2005 Due to High Costs
According to new documents from the US congressional investigators, GM refused a proposed fix of the ignition switches in the Chevrolet Cobalt back in 2005 due to high piece and ...
GM Adds 971,000 More Vehicles to the Faulty Ignition Switch Recall
After GM recalled 1.6 million vehicles in February due to faulty ignition switches, now the US automaker is adding 971,000 other cars. The US automaker has recalled a totaled of 2,591,665 ...
Barclays Analyst Says GM to Pay More Than $2 Billion Settlement for Recalls
Barclays analyst Brian Johnson believes that US automaker General Motors will ultimately go for a settlement fund of between $1-$1.5 billion for the customers affected by the recalls. Brian Johnson released ...
US Automaker General Motors Names New Treasurer
US automaker General Motors has named Niharika Taskar Ramdev its new treasurer. Niharika Taskar Ramdev will be replacing General Motors Treasurer Jim Davlin who is resigning and will serve as GM's ...
California Lawsuit: There Are More Faulty GM Vehicles than in Recall
The lawsuit against US automaker General Motors, filed at the beginning of this week in San Francisco, also includes plaintiffs who own GM vehicles outside the recall. According to the suit ...
GM CEO Mary Barra Scheduled to Testify Before US Congressional Panel Regarding Recalls
General Motors' CEO Mary Barra will testify on April 1 at a US congressional hearing regarding the company's more than 10 years delay to recall vehicles with faulty ignition which ...

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Apr.24 (GMM/Inautonews.com) Bernie Ecclestone on Thursday showed he has not lost his sense of humour, despite the seriousness of ...
Ecclestone smiles, jokes as bribery trial begins
Apr.24 (GMM/Inautonews.com) Bernie Ecclestone on Thursday showed he has not lost his sense of humour, despite the seriousness of ...
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