General Motors said on Thursday that it earned $2.5 billion in the second quarter, a healthy 89 percent increase over its results in the period a year earlier. You have to wonder what’s going through the minds of executives at General Motors. After posting far better than expected earnings in the 2nd quarter, and [...]
Apple is expected to launch Mac OSX 10.7 – codenamed “Lion” – as soon as next week, according to reports which say the company has instructed its retail stores to prepare machines for the upgrade by this Sunday. Machines in the store are being fitted with extra RAM where possible for the upgrade from OSX [...]
General Motors Co announced two separate recalls on Friday affecting a little more than 10,000 pickup trucks, predominantly in North America. GM is recalling more than 10,000 trucks and sport utility vehicles in 2 separate recalls involving transmission and steering defects. General Motors said today it was recalling 9,215 model year 2011 Chevrolet Colorado [...]
General Motors is recalling more than 47,000 Cadillac SRX Crossovers in the United States. The problem is with the passenger side air bags. The National Highway Traffic Safety Administration says the right side head protection air bag won’t inflate in a crash if no one is in the front seat. As a result, a right-side [...]
General Motors is expected to announce today it will spend more than $2 billion on plant updates and expansion in eight states, creating 4,200 jobs. Most of the jobs will be on the plant floor, but some white-collar jobs are part of the plans. General Motors CEO Dan Akerson is to speak today at GM’s [...]
General Motors (GM) said today it is recalling 2,100 Chevrolet Cruze 2011 sedans in the US and 400 in Canada after one vehicle (in the US) had an improperly fastened steering wheel. There was no crash or injuries associated with the vehicle. “We have analyzed the vehicle that experienced this condition and made adjustments to [...]
This is the 10th year of the “new ownership group,” as Red Sox majority owner John W. Henry glibly noted Saturday, and the general manager, Theo Epstein, is beginning his ninth season in his role. Henry was asked what discussions he has had with Epstein regarding his long-term future with the club. “We haven’t had [...]
The Cadillac CTS is generally known for its good safety scores from the insurance industry and the federal government. However, GM is issuing a safety recall on this IIHS “Top Safety Pick”. “General Motors is recalling certain model year 2009-2010 Cadillac CTS vehicles,” reports NHTSA. “Some of these vehicles have a condition in which a [...]
U.S. sales of cars and trucks rose in January, a strong start to what the auto industry hopes will be an extension of last year’s recovery. Sales rise 17.3 percent in January from a year earlier, according to Autodata Corp. Rising gasoline prices are pushing Americans into small cars and hybrids. Small is beautiful — [...]
British scientists produced genetically modified (GM) chickens that could prevent the spread of bird flu, according to a paper published Friday in the journal Science. The chickens, developed by researchers from the universities of Cambridge and Edinburgh, can catch bird flu but they have an added gene that stops them spreading it to other chickens. [...]