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GMC Hummer EV pickup truck. In mid-2019, rumors began to circulate that General Motors was considering reviving the Hummer nameplate in 2021, as the market for off-road vehicles was reaching historic levels of sales. [30] GM President Mark Ruess was asked about the possible return in the summer of 2019 and said, "I love Hummer. I don't know.
[48] The Truth About Cars similarly named the Citation as one of the major "deadly sins" that led to GM's downfall; "Typical for GM, the Citation looked best on paper, or to the automotive writers who were suckered when they drive the most unproduction-like 'ringers' ever hand-assembled and wrote breathless reports on the Citation's spectacular ...
Consumer Reports released its annual auto reliability rankings this week, and Ford and General Motors both took big hits in the rankings. Meanwhile, Toyota's Lexus impresses. Analysts John ...
In 2006, Consumer Reports reported that all 10 of the cars that it considered to be the 10 best were built by Japanese companies. [12] While Michigan lost 83,000 Big Three auto manufacturing jobs between 1993 and 2008, more than 91,000 new auto manufacturing jobs were created in Alabama, Mississippi, Tennessee, Kentucky, Georgia, North Carolina ...
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On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
GM said on Tuesday it was on track to deliver between $14 billion and $15 billion in pretax profit, an increase from mid-year's $13 billion to $15 billion range due to strong pricing and consumer ...
The Hummer H2 is a full-size off-road sport utility vehicle (SUV) that was marketed by Hummer and built in the AM General facility under contract from General Motors from 2002 until 2009. It is based on a modified GMT820 GM three-quarter-ton pickup truck in the front and a half-ton 1500 frame in the rear.