General Motors May Discontinue Full-Size SUVs
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / In the context of global economic crisis, American car manufacturer General Motors said it may cancel the next generation Tahoe and Suburban, initially planned for release in 2011 and 2012 respectiv...
GM Hungry for Money, Sells Remaining Suzuki Stake
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors continues its race for money with a new move, this time planning to sell the remaining Suzuki stake for no less than $230 million, according to a statement signed by GM and released t...
Solar Energy Firm Makes $1.2bn Bid for Opel
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While General Motors strives to find a way to revamp its sales and re-become the world's largest car manufacturer, its German brand Opel received the most surprising takeover bid it would ever ...
The Heart of a Corvette ZR1 for Sale!
21 Nov 2012, 14:06 UTC · By: Dragos Rusu / Tuners love crate engines, because they afford people with relatively modest horsepower a boost that will leave competitors hanging in the dust trail. GM understands that and is ready to give people...
GM and Tiger Woods Partnership Over
21 Nov 2012, 14:06 UTC · By: Madalina Iancu / Rumors have now been confirmed for the skeptic ones. General Motors has made it clear: by the end of December 31, 2008, their nine year partnership with Tiger Woods will be concluded. Yes, it'...
GM's Chance to Change Saturn's Fate
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / As you've probably heard, GM's Saturn has quite a gloomy future as the American car manufacturer intends to abandon the brand and discontinue all models. However, there's only one &ld...
Barack Obama Wants Decent Plans in Order to Grant the Loan
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / It appears that Barack Obama, the president-elect, is in favor of helping Detroit carmakers to get out of their financial problems, but he demands concrete plans before any money is sent.David Axelr...
Hyundai Not Interested in Buying Chrysler
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although Hyundai was recently regarded as the favorite company to buy Chrysler, the South Korean-based firm today denied rumors, saying that it has no plans to purchase Chrysler's assets. A few...
GM Puts HotShot Sparked Fire Out in Court
21 Nov 2012, 14:06 UTC · By: Alexandru Stan / The North American producer has recently recalled 944,000 vehicles due to hot-spray windshield washer system malfunction reports. Having accused the Detroit-based supplier Microheat for the wrong do...
GM, GMAC Receive Money from US Treasury
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The United States Treasury Department today announced that it decided to pay nearly $5 billion for senior preferred equity, including an 8 percent dividend, from GMAC LLC, the financial division joi...
GM to Collapse Without Government Aid
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although the global economic crisis has smashed sales of most carmakers, US-based General Motors is probably the most important victim, with shares reaching the lowest point in 60 years. More import...
GM Cancels LA Press Conference
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors today said that its news conference scheduled for the Los Angeles Auto Show has been canceled due to a so-called bad timing in the context of poor financial results recently reported ...
GM, Chrysler Get First $4 Billion
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors and Chrysler received the first $4 billion in emergency loans from the United States government from a total of $17.4 billion the Bush administration approved before Christmas. The go...
White House Asks Congress to Accelerate Auto-Loans
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / With the global recession pushing American carmakers close to bankruptcy, the White House today asked the Congress to accelerate loans to help the automotive industry minimize loses. Congress has al...
Opel Advises GM to Sell Saab
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors should try to find a buyer for its Swedish brand Saab, Opel's head of the works council,Klaus Franz, said today, pointing that Saab has the potential to revamp sales by itself us...
UAW Retirees Receive GM “Christmas Bonus”
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even if the still-called the largest carmaker in the world General Motors repeatedly said it may run out of cash in early 2009, it still has to make a number of payments which, in the opinion of the...
Chrysler to Exchange Vows with GM
21 Nov 2012, 14:06 UTC · By: Alexandru Stan / Although GM and Chrysler have shared the same grounds and have known each other for decades now, they had only recently started dating and are allegedly in talks for taking their relationship furthe...
GM Suspends Volt Plant Construction
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors' attempt to remain an important player in the automotive industry continues today with a new cost-cutting measure, this time concerning the new production facility in Flint, Mich...
Chevy Volt to Be Powered by LG Chem Batteries
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Batteries for the 2010 Chevrolet Volt may be provided by South Korean company LG Chem, Reuters reported today, pointing that General Motors might confirm the deal in the next few weeks. Chevy Volt w...
Holden Coupe 60 Greets World
21 Nov 2012, 14:06 UTC · By: Dragos Rusu / Down under, in Australia, Holden still rules supreme as far as Australian cars go (basically, this is the only Australian car out there), despite the fact that it's owned by GM. News from down ...