Saab Would Welcome Fiat
6 May 2009, 12:20 UTC · By: Daniel Patrascu / There's something rotten in the kingdom of Saab...If you are following the story, then you know that the Swedish manufacturer, "thanks" to its leadership, has become a kind of Comical...
GM-NADA Standoff
6 May 2009, 12:17 UTC · By: Daniel Patrascu / As was announced in the past weeks, General Motors has begun notifying 2,600 of its dealers that they will soon become obsolete for the company's future plans. The notifying will take GM all su...
Hitachi Designed World's Most Advanced Hybrid Battery
5 May 2009, 15:17 UTC · By: Bogdan Popa / What's the main disadvantage when opting for a hybrid detrimental to gasoline- or diesel-powered vehicles? You're right, the battery, but manufacturers around the world struggle to design ...
Fiat-Opel-Saab, a Threesome Made in Heaven...
5 May 2009, 13:47 UTC · By: Daniel Patrascu / Sergio Marchionne, Fiat's CEO supposedly called the Opel deal on Monday as being a "marriage made in Heaven", according to AFP. We would call it a threesome, given that recent rumors...
GM Receives C$500 Million Loan in Canada
5 May 2009, 10:45 UTC · By: Bogdan Popa / General Motors has just made another step towards its restructuring plan in Canada with the help of Export Development Canada, who agreed to provide up to C$500 million to the American automaker. Ho...
GM Sets New Sales Record in China
5 May 2009, 07:23 UTC · By: Bogdan Popa / We already knew that China is going to become one of the largest car markets for most manufacturers around the world but it seems like General Motors is particularly focusing on this region nowadays...
GM Confirms Offers to Sell Saturn
4 May 2009, 15:20 UTC · By: Bogdan Popa / Although Saturn's future has often been put in doubt, General Motors every once in a while confirmed its intentions to sell Saturn, mentioning with every single occasion that some parties are i...
Pontiac Moments
5 May 2009, 06:29 UTC · By: Daniel Patrascu / We would have preferred not to have to write this piece. It is, in essence, an obituary. This might not tell many of you who or why Pontiac was. A niche brand, built only for those who knew what the...
GM Supports Obama in Chrysler Bankruptcy Saga
4 May 2009, 10:16 UTC · By: Bogdan Popa / General Motors is fully confident that President Obama's decision to send Chrysler into Chapter 11 will help the American auto industry, the company said in a statement for the press, emphasizi...
GM's Four Core Brands See Sales Increase in April
4 May 2009, 09:41 UTC · By: Bogdan Popa / Although the company recorded a 34 percent over the same period last year, General Motors today praised the April 2009 sales, emphasizing that each of its four core brands - Chevrolet, Cadillac, GMC...
Michigan Dealer Confirms Offer for Pontiac, GM Promptly Says No
3 May 2009, 14:41 UTC · By: Bogdan Popa / Here you have it: an interested Pontiac dealer, namely Waldron Pontiac, is making an offer for GM’s brand – which is actually going to be phased out by the end of 2010 – but the Am...
Obama Lives in a Yellow Submarine, Is Full of Hope for GM and Chysler
30 Apr 2009, 10:15 UTC · By: Tudor Raiciu / While GM and Chrysler are in limbo over the Chapter 11 bankruptcy law, President Barack Obama yesterday expressed his growing optimism concerning the two US carmakers. Apparently, his sudden mor...
GM Lends Dealers a Hand...
30 Apr 2009, 10:32 UTC · By: Daniel Patrascu / ...or at least a finger. As a result of the manufacturer's decision to step up the closure of 2,641 dealers in 18 months instead of the initial 5 years (most of them for the soon to be extinct ...
Geely Visits Saab, Hints at Potential Agreement
30 Apr 2009, 09:30 UTC · By: Bogdan Popa / After months of uncertainty regarding Saab's future, here we have the first official name that might become Saab's long-desired parent in the near future: Chinese auto group Geely has visi...
The Good Samaritan: Magna's Stronach Wants Only to Help Opel
30 Apr 2009, 09:12 UTC · By: Tudor Raiciu / If you've been reading our reports, you must have heard the rumors that Opel is being disputed by Magna International and Russian oligarch Oleg Deripaska on one side and sneaky Fiat on the othe...
GM Bondholders Submit Own Plan
30 Apr 2009, 08:00 UTC · By: Daniel Patrascu / GM's new survival plan, presented at the beginning of the week along with the manufacturer's debt for equity, has displeased its bondholders in such an extent that now they have drafted th...
GM to Continue Opel Negotiations Till May, Hints at Possible Sale
29 Apr 2009, 15:26 UTC · By: Bogdan Popa / There are a lot of rumors surfacing these days when it comes to GM's German unit Opel but, according to General Motors' new CEO Fritz Henderson, negotiations regarding a potential investme...
Killing Saturn Equals Killing Hybrid Sales
29 Apr 2009, 14:19 UTC · By: Bogdan Popa / According to the most recent rumors, General Motors plans to shed Saturn by the end of the year unless it founds an outside investor willing to buy the ailing company. But what's interesting is...
NADA to GM: Bad, Bad GM
29 Apr 2009, 10:45 UTC · By: Daniel Patrascu / As a result of the announcement made by American manufacturer GM regarding its plans to scrap Pontiac and perhaps even Saturn, as well as the decision to severely slash its dealer network, the Natio...
Fiat vs. Magna in Opel Majority Stake
29 Apr 2009, 10:09 UTC · By: Bogdan Popa / Although nobody knows for sure whether the German automaker Opel can get through the crisis as an independent company or under General Motors' umbrella, Fiat and Magna are now challenging one a...