General Motors Recalling 15,000 Buick LaCrosse, Chevy Impala

- General Motors Recalling 15,000 Buick LaCrosse, Chevy Impala



Aug 12, 2011

The Detroit News reported that General Motors (NYSE:GM) is set to recall about 15,000 new Buick LaCrosse and Chevy Impala models in North America.

The recalls will reprogram software in some LaCrosse vehicles and inspect power steering hoses in Impalas.

General Motors (NYSE:GM) has a potential upside of 64.4% based on a current price of $26.3 and an average consensus analyst price target of $43.25.

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General Motors to Sell Diesel Version of Chevy Cruze

- General Motors to Sell Diesel Version of Chevy Cruze



Jul 11, 2011

The Associated Press announced that General Motors (NYSE:GM) plans to sell a diesel version of the Chevy Cruze in the United States.

After selling about 25,000 Cruzes in June, the car model past recurrent leaders such as the Toyota Camry and Honda Accord to become the best-selling car in the U.S.

The diesel Cruze won't hit showrooms until at least 2013, according to one of the people, both of who asked not to be identified because the company hasn't made a formal announcement.

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General Motors Q1 Sales Up 24.1% YoY (GM)

General Motors Q1 Sales Up 24.1% YoY (GM)

General Motors Co (NYSE:GM) reported Friday that its U.S. sales rose 9.6% year-over-year in March, to 206,621 vehicles.

First quarter sales rose at a blistering 24.1% year-over-year pace, to 592,545 vehicles.

Don Johnson, GM's vice president of U.S. sales operations, said, "Our plan was to get out of the gates quickly in the first quarter and we succeeded."

Chevy's Cruze sedan performed especially well, with sales increasing 287% over the compact car it replaced.

Shares of General Motors are trading down 0.16% at $30.98.

General Motors to develop Buick plug-in hybrid

General Motors to develop Buick plug-in hybrid



General Motors (GM) is developing a Buick using the Chevrolet Volt's plug-in hybrid technology, reports Bloomberg. According to two people familiar with the project, designers are working on a version of the hybrid Opel Ampera scheduled for sale in Europe this year. The Buick version would go on sale in 2013 if it receives final approval.