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Cadillac Cancels ELR Plug-In, Prius Models Next?

Posted By GMbeat on Articles

http://www.forbes.com - The GM luxury brand is retiring the vehicle it has touted as 'one of the most beautiful on four wheels' as low gas prices decimate sales of green cars. Expect to see more casualties, California mandates or no.

Big snowstorms didn’t slow U.S. auto sales in January

Posted By GMbeat on Articles

http://driving.ca - Automakers reported U.S. sales that topped analysts’ estimates for January, showing that even thigh-deep snow couldn’t thwart Americans’ demand for new trucks and SUVs. General Motors, Fiat Chrysler and Nissan reported surprise sales gains instead of the predicted declines, while drops at Ford, Toyota and Honda were narrower than projected.

GM ekes out slim gain; retail up as fleet sales sink

Posted By GMbeat on Articles

http://www.autonews.com - General Motors posted a 0.5 percent gain in U.S. sales for January amid strong retail deliveries, and said it would continue to cut back on rental sales in 2016 as a way to boost resale values and brand health.

GM, lawyers ask U.S. judge to reject bid to halt switch settlement

Posted By GMbeat on Articles

http://www.autonews.com - General Motors has asked a judge to reject efforts by a lawyer who first publicly exposed a faulty ignition switch in GM vehicles to undo a settlement fund resolving 1,380 death and injury lawsuits.

Opel GT Concept Won’t Ever Reach Production

Posted By GMbeat on Articles

http://www.motortrend.com - Last week, ahead of its official debut at the Geneva Motor Show, Opel revealed a GT concept that checked off all the right nostalgia boxes. A sporty two-door coupe, the Opel GT concept looked ready to take on Mazda’s MX-5 Miata and Scion’s FR-S.

Ally posts strong gains in net income for year, Q4

Posted By GMbeat on Articles

http://www.autonews.com - Ally Financial's fourth-quarter and full-year 2015 profit and net income rose, while auto loan and lease originations remained relatively flat or increased slightly, despite GM's switch to lease exclusivity with GM Financial.