General Motors donates $100,000 to Red Cross (DallasNews)
General Motors Company (NYSE:GM), which maintains a high profile in Texas with its Arlington Assembly Plant and dozens of dealership, donated $100,000 to the American Red Cross. The grant comes days after a devastating explosion at a fertilizer plant in West south of Dallas left at least 14 people dead and more than 200 injured. “As home to our Arlington Assembly Plant, we count many Texans as family, friends and neighbors and want to help them in this time of great need,” said Selim Bingol, chairman of the GM Foundation and vice president of GM global communications and public policy.
GM board votes to close first Opel factory in decades (AutoBlog)
Europe’s ailing economy has caused the supervisory board at General Motors Company (NYSE:GM), which includes four senior executives, to vote to end production of the Opel Zafira MPV at the 50-year-old Bochum plant in Germany. The closing of the car factory marks the first closure of a German automobile assembly plant in decades, and it will cost Buchum (a city with nearly 375,000 residents in the western part of the country) about 3,000 jobs. Some doubted that GM would shift production and tooling of the Zafira out of Bochum before 2017 (the end of the model’s life cycle), as it is a move that will prove costly to the automaker, but those hopes were dashed earlier this week.
Can GM’s Management Do the Job? (Fool)
General Motors Company (NYSE:GM) has seen sweeping changes in its management team since emerging from the company’s controversial bankruptcy in 2009. New CEO Dan Akerson and his team have overhauled GM inside and out. But have they done enough? In this video, Fool contributor John Rosevear looks at what Akerson’s team has done so far — and whether they have what it takes to go the distance. …Few companies lead to such strong feelings as General Motors. But ignoring emotions to make good investing decisions is hard. The Fool’s premium GM research service can help, by telling you the truth about GM’s growth potential in the coming years.
General Motors by any other name? Car firms face brand puzzle in China (NDTV)
The Buick brand of US auto General Motors Company (NYSE:GM) carries instant recognition but its “Baojun” cars sold in China, displayed at the Shanghai auto show on Sunday, might leave many puzzled. “You probably all know Buick, Cadillac, Chevrolet and Opel, but many of you may not know… Baojun passenger cars,” GM China president Bob Socia said. Baojun is an “indigenous” brand, vehicles made by China-foreign joint ventures as required by the government, which wants to prevent domination by foreign companies and give lagging domestic firms more technological expertise.
General Motors Flint Assembly, Metal Center plants awarded $183k by Consumers Energy for energy-saving efforts (MLive)
Two Flint General Motors Company (NYSE:GM) plants were awarded with rebates totaling $183,000 from Consumers Energy for their commitment to energy savings over the past year. General Motors Flint Assembly and Metal Center completed several new projects to reduce energy consumption in the plants ranging from the installation of more efficient lighting to eliminating steam heat. The changes are expected to save the plants more than $926,000 annually. “The GM Flint team recognizes the importance of being environmental stewards and we are willing to share our learnings and experiences with individuals and groups trying to reduce their carbon footprint,” said Amy Farmer, complex director for the site that includes the assembly and stamping plants.
Ray Chevrolet Named One Of General Motors’ Top Performers (ChicagoTribune)
Ray Chevrolet of Fox Lake was announced today by General Motors Company (NYSE:GM) as a top performer for the Chevrolet brand and was honored by receiving the Mark of Excellence award at the dealership. This is the 3rd year in a row that Ray Chevrolet was recognized with this honor by GM. This unique distinction is reserved for dealerships who exhibit professionalism and superior customer service, while continuing to grow their business. “We had a very strong year in 2012 and are proud that our hard work is being recognized,” Owner Ray Scarpelli said. “We believe that our number one priority is providing a customer experience that is second to none and look forward to building on this in 2013.”
