GM Denies Rumors, Says Buick Will Remain a Core Brand
10 Apr 2009, 10:36 UTC · By: Bogdan Popa / A General Motor China official today denied rumors claiming that American automaker intends to sell the Buick nameplate to some local parties, explaining that this particular division is still a cor...
GM Takes on VW, Expects Double Sales in China
9 Apr 2009, 13:09 UTC · By: Bogdan Popa / Even if the current economic situation brought it close to bankruptcy, General Motors expects to double the company's car sales by 2013 and take on Volkswagen Group, its main rival in this part...
Hummer Wanted by Three Non-Automotive Investors
9 Apr 2009, 08:39 UTC · By: Daniel Patrascu / GM's plan to get rid of some of its assets seems to be on track, as reports say that for at least one of them the interest is high. According to Autonews, sources with knowledge of the matter s...
Ontario Won't Help Suppliers
7 Apr 2009, 17:16 UTC · By: Daniel Patrascu / The economic crisis is taking its toll not only on the automotive industry players, but on states as well. Fighting on the same front as the parts suppliers, the Ontario province, now faced with a C...
VW Likely to Snatch GM's World's 2nd Largest Automaker Rank
7 Apr 2009, 14:33 UTC · By: Bogdan Popa / Under the strong pressure of the economic turmoil, General Motors might lose the world's second largest automaker spot, automotive industry analysts at market research company R.L. Polk Germany...
General Motors Cuts Hungarian Production
7 Apr 2009, 14:04 UTC · By: Bogdan Popa / Things are getting worse for American car manufacturer General Motors, even after the departure of CEO Rick Wagoner, as sales around the world show only slight signs of recovery. Furthermore, GM tod...
US Hybrid Market Fell 44 Percent in March
6 Apr 2009, 14:56 UTC · By: Bogdan Popa / The whole industry slowly but sure migrates to hybrid cars and electric models, right? That's a thing we all know and an obvious consequence of the economic recession. But despite this obvious ...
Abu Dhabi Royal Family Wants Opel...
6 Apr 2009, 14:38 UTC · By: Daniel Patrascu / ...not a vehicle, but the entire company. At least this is what the Westdeutsche Allgemeine Zeitung newspaper claims, as it quoted Sheikh Hamdan saying that, even if this is so, "no decision ha...
GM Prepares the Way Towards Chapter 11
6 Apr 2009, 08:56 UTC · By: Daniel Patrascu / Recent reports about GM's struggle (or should we say surrender) with the automotive crisis emphasize even more a grim possibility for all those involved. The company seems to head for Chapter 1...
2009 GMC Yukon Denali Hybrid Detailed
6 Apr 2009, 07:53 UTC · By: Daniel Patrascu / The 2009 New York Auto Show will witness yet another world debut of one of GMC's vehicles, this time in the shape of the 2009 Yukon Denali Hybrid. The eight seater full size SUV will be availab...
2010 GMC Terrain Details and Photos Released
6 Apr 2009, 07:17 UTC · By: Daniel Patrascu / As we told you in the past coverages of the GM saga, the company, having been put to the corner by the Obama administration, decided to conduct business "as usual". Following that line of ...
GM: 600 Workers Changed Their Minds on Buyout
5 Apr 2009, 13:21 UTC · By: Daniel Patrascu / The buyout offers made by GM to its UAW workers, even if it seemed to have pleased the workers, was shadowed by the some 600 employees who initially said “yes” to the offers and have now...
Holden Moves to Single Shift
3 Apr 2009, 14:26 UTC · By: Daniel Patrascu / In an effort to preserve jobs, GM Holden will go for a single shift - two crew operation system starting May the 4th at its Elizabeth plant in South Australia. The move is also meant on resizing pro...
Kresa: Splitting GM Might Be a Good Idea
3 Apr 2009, 10:54 UTC · By: Daniel Patrascu / The new GM chairman Kent Kresa thinks that in case of a Chapter 11 filing for his company, splitting the manufacturer into a "good" GM and a "bad" one will allow for a faster, be...
March US Sales Down 36.8 Percent
3 Apr 2009, 09:54 UTC · By: Daniel Patrascu / The third month of the year maintained the trend set in January and February, as sales figures for the US market show a 38.6 percent drop. According to Autonews, the only brand that registered a mil...
Chapter 11 for GM and Chrysler Scare Suppliers
2 Apr 2009, 14:24 UTC · By: Daniel Patrascu / Recent escalating talks about the possibility that the two troubled American manufacturers GM and Chrysler could head for Chapter 11 has a snowball effect that could make things worse than they alre...
General Motors Sales Down 45 Percent in March
2 Apr 2009, 14:03 UTC · By: Bogdan Popa / As if the economic recession and the desperate situation the company currently experiences weren't enough, General Motors is continuously recording very low sales, especially in the United Stat...
Bankruptcy Still Possible, Says GM's New CEO
1 Apr 2009, 21:05 UTC · By: Bogdan Popa / Fritz Henderson, the new General Motors CEO, says bankruptcy is still an option for the American car manufacturer especially if the company cannot meet the government 60-window for restructuring ope...
GM Launches Payment Protection...
1 Apr 2009, 12:23 UTC · By: Daniel Patrascu / ... or "payment protection for the first 24 months of ownership... lose your income and we'll make up to nine payments for up to $500 per month". This is a direct quote from the GM we...
GM Denies Is Requested Vauxhall Support in the UK
1 Apr 2009, 10:30 UTC · By: Bogdan Popa / A recent media report issued by The Financial Times newspaper claimed General Motors requested around 600 million pound ($859 million) from the United Kingdom government to support its Vauxhall unit...