GMC
General Motors and Toyota shop at Hyundai
Hyundai has been trying to shake the image of providing a low quality product since the first round of cars was introduced to the U.S. in 1985 (the first generation Excel looked, felt and drove like it was assembled by preschoolers.) Since then it has taken great steps to improve all quality on its cars, [...]
GM going on lighter, fuel-efficient vehicles
GM announced the company will delay the redesign of SUVs and full-size trucks and they will focus on building lighter, fuel-efficient vehicles. GM’s spokesman Tom Wilkinson said late Wednesday that GM is “looking at the whole product portfolio.” The entire U.S. auto industry is suffering as consumers, paying $4 per gallon for gasoline, shy away [...]
19,000 GM workers take buyout, retirement offers; more cuts likely
General Motors announced on Thursday that 19,000 of its hourly workers have taken the Detroit-based automaker up on its buyout or retirement offers. In all, GM extended the buyout and retirement plans to over 74,000 UAW workers in an effort to streamline its production efforts.
