US Treasury Sold $489.9 Million of GM Stock
13 Mar 2013, 10:56 UTC · By: Ciprian Florea / The US Treasury has taken another step to rid the Government of General Motors stock by selling at least 17.2 million of Detroit's shares, worth $489.9 million, in February. According to Det...
GM to Debut Five New Cars in New York
6 Mar 2013, 16:58 UTC · By: Ciprian Florea / General Motors will showcase five world premieres and one North American debut at this month's New York Auto Show. According to Just-auto.com, General Motors has confirmed the introduction o...
GM Looking to Boost 2013 Plug-In Hybrid Sales
28 Feb 2013, 12:58 UTC · By: Ciprian Florea / General Motors is planning to build 36,000 Chevrolet Volt and other plug-in hybrid vehicles in 2013, 20 percent more than it sold last year. According to a Bloomberg report quoting GM insiders, t...
Chevrolet Trademarks El Camino, Holden Ute Imports Likely
7 Dec 2012, 15:29 UTC · By: Mihnea Radu / What could have once been a Pontiac is now going to be a Chevy in America. We already know that Holden will supply its American cousin with the 2013 SS sedan, the first rear-drive sedan for Chevrole...
Shanghai GM Unveils Sail Spingo EV
23 Nov 2012, 12:45 UTC · By: Mihnea Radu / One of General Motors’ Chinese joint ventures has launched their own electric vehicle at the 2012 Guangzhou Auto Show yesterday. It’s called the Sail Springo EV, and it’s based on ...
Holden Commodore Still on Top Despite Declining Sales
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Holden Commodore managed to do what seemed to be impossible during difficult financial times: it became the best selling passenger car in Australia for the 13th consecutive year. Commodore is a best...
General Motors, Chrysler Receive Canadian Loan
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / After the United States officials announced last Friday that a $17.4 billion low-interest loan will be granted to General Motors and Chrysler, the Canadian government today decided to approve a C$4 ...
Holden Confirms New Small Car Model
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors' Australian division Holden today confirmed plans to design a new small car model in Australia, along with the currently Commodore line-up, often regarded as the best-selling ran...
Nobody Interested in Buying Saab, Says GM
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The struggling Swedish automaker Saab gains no interest from larger corporations in the automotive industry, its parent company General Motors today said, confirming rumors that it plans to sell the...
General Motors Displays 17 New Models at Detroit
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors sees the North American International Auto Show as the best occasion to unveil a bunch of new models that could revamp its sales and bring it in the forefront of the automotive indust...
Pricing for the Pontiac G8 GXP Has Just Been Released
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / Pontiac have confirmed today the price for the most powerful model in their lineup, the 2009 Pontiac G8 GXP. The price for this American Muscle Car will start at $39,995, which also includes $...
Toyota Supports Detroit 3's Cause
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / After the Senate announced last week that the $14 billion loan request has been put on hold, Detroit manufacturers are willing to do anything to convince the officials that such a decision would be ...
GM Sets New Sales Record in China
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even though General Motors is experiencing what seems to be the toughest period in its history in the United States, sales around the world are doing pretty well, as the company announced in a state...
Ford Betters GM and Chrysler in “Special” Consumer Reports List
21 Nov 2012, 14:06 UTC · By: Alex Oagana / The February issue of Consumer Reports is bringing a nice little surprise to Ford and its fans. Apparently, from Detroit's Three Musketeers, Ford currently has the nicest model line-up, accordi...
Toyota Lusts for Canada's Second Largest Automaker Spot
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Toyota Motor Corporation has an enthusiastic plan for 2009, despite the fact that the automotive industry experiences one of the biggest economic crisis in history: the Japanese company aims to beco...
Detroit 3 Are Being Put on Hold
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / It would seem that U.S. automakers are getting close to their goal of obtaining the $15 billion package that was offered to them earlier in the week. The White House opposed the Democratic bid. A...
Tesla S Concept Is In Need Of Government Aid
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / Even after the $40 million that's been thrown in their way by the company's investors, it still seems that Tesla has some problems getting its Roadster into production. Tesla got over ...
GM Strives to Cut Costs, Delays Dealers Payments
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While other car manufacturers around the world prepared major job cuts and lowered productions, General Motors strives to cut costs by delaying payments to dealerships for rebates and other sales in...
Pontiac Cancels G8 ST Sport Truck
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Beside all the well-known cost-cutting measures prepared by companies from all over the world, including here reduced production, job layoffs and idled plants, the economic recession has also killed...
Jeep Has the Potential to Save Chrysler, Analysts Think
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although reports published in the last few weeks were mostly focused on General Motors, it's no secret that all members of the Detroit 3 group are currently experiencing a very tough period, wi...