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Sat, 25/12/2010 - 08:36 by Motley Fool
General Motors (NYSE: GM) said today that it is recalling about 109,000 vehicles because of two concerns that could cause the rear axle to lock and the passenger-side airbag not to work.
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Mon, 20/12/2010 - 14:46 by Neha Gupta
General Motors Co. announced Friday that it is recalling nearly 111000 Chevrolet Equinox, GMC Terrain and Cadillac SRX crossover utility vehicles.
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Sun, 19/12/2010 - 10:21 by Motley Fool
General Motors (NYSE: GM) is recalling 111,136 Chevrolet Equinox, GMC Terrain and Cadillac SRX crossover utility vehicles from the 2011 model year because of seat-belt buckle anchors that could fail to perform as designed in a crash.
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Sat, 18/12/2010 - 10:02 by Dan Caplinger
These days, lots of financial products claim to give you complete coverage of a particular type of investment. But when you take a closer look, you might realize that you're not always getting everything you think you are.
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Thu, 09/12/2010 - 08:15 by Prince damin
Detroit -- General Motors Co. said it had targeted Hawaii as a prime market for hydrogen fuel-cell vehicles due to the state's high cost of imported petroleum fuels.
GM's executive director of global fuel cell operations Charlie Freese said the automaker is working with more than a dozen companies in an effort to add 20 hydrogen fueling stations on Oahu Island by 2015, the Detroit Free Press reported Wednesday.
GM, which has spent $2 billion on hydrogen fuel-cell research and development, does not have a hydrogen based automobile in production, but has allowed consumers to test a Chevrolet Equinox crossover with hydrogen fuel-cell power.
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Wed, 08/12/2010 - 10:24 by Prince damin
San Diegeo -- A California man says an egg-shaped object that broke the windshield of his Honda appears to be a part from a passing plane.
David Sawyers, 25, says the object could not have been dropped from a bridge and was too big to have been set into motion by a car or truck, the San Diego Union-Tribune reports. He said he plans to report the incident to the Federal Aviation Administration.
"I don't think it is right for airplane parts to fly out of the sky and damage people's vehicles," he said.
Sawyers of Santee and a friend, Claire Maloney, were on State Route 163 in San Diego's Kearny Mesa neighborhood Saturday afternoon when the object hit the car. Sawyers described it as "egg-shaped but bigger than a softball."
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Wed, 01/12/2010 - 06:16 by Prince damin
Detroit -- U.S. automaker General Motors Co. said it would hire 1,000 engineers to ramp up its technical prowess as the first for-sale Volt rolled off the assembly line.
GM Chief Executive Officer Dan Akerson announced the decision meant to cover the company's white-collar hiring in Michigan for the next two years after stepping out of GM's first production Volt, a battery-powered vehicle with a small gas engine that recharges the battery as it goes.
"We hope to cultivate the next generation of engineers who will build upon the Volt's innovative technologies," said Mark Reuss, GM's North America vice president.
"Every aspect of the Volt -- from its aerodynamic shape to its battery chemistry -- is a testament to the importance of math and sciences."
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Sat, 13/11/2010 - 13:04 by Anter Prakash Singh
China’s largest automaker, SAIC (Shanghai Automotive Industry Corporation), is considering investing in GM through its forthcoming IPO, ‘The Wall Street Journal’ has reported. SAIC and GM are already operating a highly successful joint venture in southern China.
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Fri, 05/11/2010 - 02:41 by Prince damin
Pittsburgh -- Pittsburgh police said they recovered a sport-utility vehicle reported stolen the day before by a man posing as a valet.
Investigators said the vehicle, which was taken Wednesday evening from the Marriot Pittsburgh Hotel by a man who claimed to be a valet parking attendant, was found abandoned at about 5:30 a.m. in the city's Hill District, the Pittsburgh Tribune-Review reported Thursday.
Police said they are still trying to identify a suspect.
Copyright 2010 United Press International, Inc. (UPI).
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Thu, 04/11/2010 - 10:59 by Anter Prakash Singh
As General Motors (GM) is preparing for initial public offer (IPO) on Nov. 18, the company has predicted that it has earned $2.1 billion between July and September, this year.
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Wed, 27/10/2010 - 05:12 by Prince damin
New York -- BMW of North America said Tuesday that problems with high pressure fuel pumps in various 2007 through 2010 models prompted them to recall 150,000 vehicles.
The recall includes 335i models from 2007 to 2010, 135i, 535i and X6 xDrive 351 Sports Activity Coups from 2008 through 2010 and Z4 Roadster sDrive35i models from 2009 through 2010, CNNMoney.com reported Tuesday.
In addition, BMW said 20,800 MY 2008 X5 Sports Activity Vehicles would be recalled due to problems with fuel pumps.
The company said power steering and power brakes would cease functioning if the engine shuts down due to fuel pump issues. However, "both steering and brakes remain operational," although without the power assistance, the company said.
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Tue, 26/10/2010 - 08:34 by Prince damin
Washington -- The Environmental Protection Agency announced fuel efficiency standards for U.S. commercial trucks for the first time, similar to rules for lighter vehicles.
The rules cover fuel consumption and greenhouse gas emissions and are shaped to cover a variety of larger vehicles, such as vans, buses, tractor trailers, fire trucks and cement mixers, The New York Times reported Monday.
Various classes of vehicles under the proposal have different standards. Tractor trailers and buses, if the rules meet final approval, would have to reduce gas consumption by 20 percent by 2018. Trucks under the category of "work trucks," like cement trucks that drive far fewer miles per year, would have to reduce gas consumption by 10 percent by 2018.
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