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  • Taxpayers about to be non-owners of GM

    September 10, 2013 7:36 PM

    DETROIT- Taxpayers are about to be non-shareholders in General Motors as the government is poised to sell all of its GM stock. The Treasury Department told Congress it sold $811 million worth of GM common stock last month and the government has recovered about $35.4 billion of the $49.5 billion... more »
  • Plan to buy former GM plant approved in Caddo

    August 23, 2013 11:57 AM

    SHREVEPORT - Caddo Parish's Industrial Development Board is set to become the new owners of the former Shreveport General Motors assembly plant. The Times reports parish commissioners voted 11-1 Thursday to allocate $7.5 million in parish funds to purchase the facility, land and mineral rights of the 529-acre property. The... more »
  • Startup auto company moving into former GM plant

    January 3, 2013 12:53 PM

    BATON ROUGE - A startup car company called Elio Motors is moving into the former General Motors plant in Shreveport, where it would build three-wheeled, low-price vehicles. Gov. Bobby Jindal announced Thursday that Elio is buying part of the plant to assemble its unusual-looking car. The company says the two-seat... more »
  • GM plant being sold in Shreveport

    January 2, 2013 10:14 PM

    SHREVEPORT - Shreveport and Caddo Parish officials say the former General Motors assembly plant has a buyer that plans thousands of vehicle assembly jobs with good pay. Assistant Parish Administrator Randy Lucky says the buyer expects to bring 1,500 jobs by the end of the second quarter and 3,000 within... more »
  • Romney campaign challenges criticism by automakers

    October 31, 2012 12:31 PM

    TAMPA, Fla. - Mitt Romney's presidential campaign is challenging criticism from U.S. automakers over campaign ads that claim General Motors and Chrysler are adding jobs in China at the expense of Ohio. Romney spokeswoman Andrea Saul said Wednesday, quote: "Their comments don't refute anything in our ad." Romney ads on... more »
  • Toyota, Honda lead quality rankings but GM gains

    October 26, 2010 1:25 PM

    Consumer Reports magazine says Honda and Toyota still make the most problem-free cars and trucks, but Ford is closing in fast and General Motors has made big improvements in the past year. Consumer Reports is widely used by buyers to judge car and truck reliability. The magazine says... more »
  • Chevy to sell Volt for $41k, lease for $350 a month

    July 27, 2010 12:39 PM

    General Motors Co. says its Chevrolet Volt electric car will cost $41,000 when it goes on sale in November. The price is about $8,000 more than its closest rival, the all-electric Nissan Leaf. GM will also offer a $350-per-month lease deal that's about equal to the Leaf's. ... more »
  • Bower to stay with Hornets as GM

    April 20, 2010 2:03 PM

    Jeff Bower will remain the general manager of the New Orleans Hornets, after stepping down as coach of the team. Bower says he will turn his focus immediately to the search for a new coach and the NBA draft in June. Bower first joined the Hornets as a... more »
  • Toyota sales surge

    April 1, 2010 12:52 PM

    Toyota says U.S. sales in March surged 41 percent, as unprecedented incentives sent customers flocking back to showrooms. Toyota Motor Corp. says it sold 186,873 cars and trucks in March, up from 132,802 a year earlier. The gains follow a dismal February, when sales fell 9 percent due... more »
  • Shreveport's GM plant headed for probable closure

    February 24, 2010 3:59 PM

    General Motors announced Tuesday it will shut down Hummer after a failed bid to sell the brand to a Chinese company. The decision means the GM assembly plant in Shreveport will likely close. The plant has already seen payroll reduced from about 3,000 employees to around 950. Last year,... more »
  • GM's plan to sell Hummer to Chinese company delayed

    February 1, 2010 11:52 AM

    General Motors' plan to sell the Hummer brand to a Chinese heavy equipment maker has been delayed by a month. General Motors Co. and Sichuan Tengzhong Heavy Industrial Machinery Corp. said Monday they are extending the deadline to complete the transaction until Feb. 28 pending final approval by the Chinese... more »
  • GM to halt Hummer production in Shreveport

    January 13, 2010 11:32 AM

    General Motors Co. will halt Hummer production next week at its Louisiana plant until sale of the brand to a Chinese company is completed. Hummer spokesman Nick Richards said Wednesday it was unclear whether jobs would be affected at the Shreveport plant, which builds Chevrolet pickup trucks in addition to... more »

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