General Motors

General Motors’ EN-V is a vehicle that owes a lot to the Segway, because it balances on just two wheels. Most importantly though, it can drive itself and may be the first generation of autonomous vehicles

Dump the cycleways – how driverless cars will save the world

WEEKEND REVIEW Fri 29 Apr 23

OPINION: Debate over the past two years has argued cycleways are either a good solution to traffic woes or an over-hyped solution put forward by self-interested industry groups and a left-leaning local politics environment.

OUR FUTURE: General Motors’ EN-V is a vehicle that owes a lot to the Segway, because it balances on just two wheels. Most importantly though, it can drive itself and may be the first generation of autonomous vehicles

Dump the cycleways – how driverless cars will save the world

Fri 29 Apr

Debate over the past two years has argued cycleways are either a good solution to traffic woes or an over-hyped solution put forward by self-interested industry groups and a left-leaning local politics environment.

Silent woosh: The Volt is quiet – except for when it starts and shuts down

Plug-in Volt the latest poster child for green cars

Thu 28 Feb 6

MOTORING The Holden Volt is a plug-in car that is still capable of long-distance travel. I charged it every night for about $3 and went about my business during the day. 

Toyota's Prius hybrid

Toyota reclaims crown as world's top car-maker

Tue 29 Jan 1

The Japanese company increased its sales 23% to nearly 10 million vehicles in 2012.

GM's return sends stocks soaring on Wall Street

Fri 19 Nov 3

The relisting of General Motors sent stocks on Wall Street surging as investors also bet that Ireland would receive a rescue package.

Nearly 430 million GM shares were traded as the US government sold much of its stake. The shares immediately rose above the $US33 issue price and peaked at $US35.99.  They were $US34.07 at the market close (10am NZ time).

The Dow Jones Industrial Average rose 173.35 points, or 1.6%, to 11,181.23, its first gain in three days.

Alcoa led the blue-chip index's gains, jumping 43.7%, while Boeing put on 2.9% and Caterpillar added 2.4%.

Dutch carmaker snaps up Sweden’s Saab for $US74m

Wed 27 Jan

General Motors has confirmed the deal to sell its Saab subsidiary to tiny Dutch sports-car maker Spyker Cars is going ahead, subject to a Swedish government loan guarantee.

Spyker, which makes only a few dozen sports cars a year and has never made a profit, has agreed to pay GM at least $US74 million in cash.

The European Investment Bank will provide a €400 million ($800 million) loan guaranteed by the Swedish government.

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