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Content Tagged As gm

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  • GM set sales record and still got beat

    January 14, 2015 7:48 PM

    DETROIT- General Motors set a record for worldwide sales last year but still got beat by Volkswagen. GM sold almost 10 million vehicles, but the German carmaker, Volkswagen sold 10.1 million. GM saw sales rise in North America and China but fall in Europe and in South America. ... more »
  • 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 »

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