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GM to trim Russian output, raise prices amid currency woes

General Motors is shutting down its factory in Russia's second largest city, St. Petersburg, from the middle of March until the middle of May as the country's currency, the ruble, continues to give economists fits. The ruble's value has plunged due not only to western sanctions, but a precipitous fall in oil prices. We knew these factors were already impacting the auto industry there, as Ford reported in its 2014 earnings statement, and now they're forcing GM to cut production at the factory, shown above, that is responsible for production of the Chevrolet Cruze and Opel Astra. Meanwhile, Automotive News is citing Russian outlet Kommersant as saying that GM has hiked its prices in the country by an average of 20 percent over the past two months. While a GM spokesman confirmed the St. Petersburg plant would be shut down for the two-month span reported by Kommersant and AN, he would not confirm the price increase. News Source: Automotive News - sub. req.Image Credit: Alexander Nikolayev / AFP / Getty Images Earnings/Financials Plants/Manufacturing Chevrolet GM Opel opel astra

Stolen '57 Chevy Returned To Owner After 30 Years

Three decades after it was stolen, a 1957 Chevrolet Bel Air has been returned to a Northern California man - in better shape than when he originally owned it. The Santa Rosa Press Democrat reports Ian "Skip" Wilson was shocked to get a call from the California Highway Patrol informing him that his long-lost Chevy was taken off an Australia-bound cargo ship. The 65-year-old says the car has had a lot of work done on it since it disappeared from his Lake County home in 1984. It was returned with a monogrammed interior, 17-inch racing wheels, rack-and-pinion steering and a 350-horsepower V-8 engine. The retired mechanic says the two-door was in sorry shape when he bought it for $375 in 1975 with plans for fixing it up. Related Gallery 2014 Chevrolet Corvette Stingray Test Drive View 9 Photos Weird Car News Chevrolet Safety

Chevy Gives World Series MVP Madison Bumgarner A Recalled Truck

Last night must have seemed like a dream come true for San Francisco Giants pitcher Madison Bumgarner. He helped his team win its third World Series Championship in four years, earned MVP status and was given a brand new 2015 Chevrolet Colorado. Bumgarner might want to hold off on taking a victory lap in his new truck however. The Colorado is currently under recall. General Motors issued a stop-delivery order earlier this month to fix the truck's air bag connectors, which were wired improperly during the manufacturing process. The faulty wiring can cause the system to deploy incorrectly. Only 138 customers have received their Chevrolet trucks, the rest were caught and repaired either in the plant or on their way to dealerships and show rooms. Recalls Chevrolet world series