General Motors Speeds Up Saturn Shutdown
28 Apr 2009, 10:42 UTC · By: Bogdan Popa / Even if the future of the company is yet to be decided, General Motors is now speeding up efforts to build the last models under the Saturn brand in a broader attempt to shed the asset by the end of...
GM Maintains Suspense, Still No Decision on Pontiac Axing
27 Apr 2009, 08:48 UTC · By: Bogdan Popa / Pontiac's fate is still undecided, American car giant General Motors said today, denying all media reports claiming that company plans to kill this particular unit and keep GMC as part of a bro...
US Treasury Gives GM $2 Billion
27 Apr 2009, 08:18 UTC · By: Bogdan Popa / The United States Treasury department agreed to direct up to $2 billion in state loans to General Motors, the American car manufacturer who is likely to get up to $5 billion in government funds, acc...
China Ahead of Germany and US in 2008 Car Production
23 Apr 2009, 09:30 UTC · By: Tudor Raiciu / We wouldn't want to point any fingers, ok... maybe just one, but you know we are living in some murky times right now when you look at production figures in the car industry. Chinese commun...
GM Denies Buick Selling Rumors, Expects Stronger China Sales
22 Apr 2009, 14:48 UTC · By: Bogdan Popa / General Motors' Asia-Pacific chief, Nick Reilly yesterday denied rumors claiming that the American car giant is interested in selling the Buick unit to SAIC, confirming that this particular bra...
GM to Fire 1,600 US Workers This Week
21 Apr 2009, 15:30 UTC · By: Bogdan Popa / General Motors continues its fight for survival and today announced that as part of its attempt to reduce workforce and save costs, around 1,600 workers will be fired this week. The plan was announc...
Chinese Buyers Interested in Opel, 500M Euros Minimum Expected
21 Apr 2009, 13:03 UTC · By: Bogdan Popa / Opel's soap-opera continues with a new episode, this time involving Chinese companies who are reportedly interested in buying GM's German unit. According to a report by Autonews, sources f...
Production Chevrolet Volt Displayed at Shanghai
21 Apr 2009, 12:21 UTC · By: Bogdan Popa / General Motors showcased the production version of its over-discussed Chevrolet Volt at the Auto Shanghai 2009 and confirmed that the hybrid is projected to go on sale in 2011. As we're sure yo...
Fiat Denies Rumors, Says Not Interested in Opel
17 Apr 2009, 16:03 UTC · By: Bogdan Popa / Following a report that Fiat may turn its attention on Opel in case the Chrysler alliance becomes impossible, Fiat Chairman Luca Cordero di Montezemolo came out and denied the speculation, saying th...
GM CEO Henderson Won't Attend Shanghai Auto Show
17 Apr 2009, 13:12 UTC · By: Bogdan Popa / The newly-appointed General Motors CEO Fritz Henderson won't attend the upcoming Shanghai Auto Show, a company spokesman said was quoted as saying today. The main reason for this decision is th...
Opel Says There Is Life after GM's Chapter 11
17 Apr 2009, 12:53 UTC · By: Bogdan Popa / Even if parent company General Motors bites the dust and files for Chapter 11 bankruptcy protection, the German unit Opel has the ability to remain in business and to continue its operations in norm...
VW Increases Chinese Production Thanks to High Sales
14 Apr 2009, 14:44 UTC · By: Bogdan Popa / Although it's well known that the economic recession slashed sales all around the world, it seems like some companies are doing actually fine, with revenues growing up in certain core markets. ...
SAIC Planning to Buy GM's Vauxhall?
13 Apr 2009, 15:47 UTC · By: Bogdan Popa / Even though we're again dealing with some kind of rumor, this is the second time in a few days when Shanghai car-maker SAIC makes the headline with some surprising industry news. According to a...
GM Pledges for "Tough Actions" to Stay in Business
13 Apr 2009, 11:03 UTC · By: Bogdan Popa / We already knew that General Motors was experiencing the toughest period in its history, with cost-cutting measures, viability plans and major departures turning into common things for those involve...
Consumers Give Up on Saturn, Dealers Close Stores
13 Apr 2009, 09:33 UTC · By: Bogdan Popa / With company officials awaiting a decision from parent company General Motors, Saturn's crisis is deepening day by day. As a direct result of the chaos surrounding Saturn, consumers have lost t...
GM CEO: We Are Days Away from Selling Hummer
13 Apr 2009, 07:23 UTC · By: Bogdan Popa / As we're sure you know, Fritz Henderson, the newly-appointed General Motors CEO, is now responsible for GM's over-discussed restructuring plan that is supposed to bring the American giant ...
Fail: General Motors Recalls 1,497,516 Models!
11 Apr 2009, 17:26 UTC · By: Bogdan Popa / Or how could things get worse in a sec... As if the economic downturn and the imminent bankruptcy weren’t enough for the so-called American car giant General Motors, the company is now recalli...
General Motors to Display 37 Models at Shanghai
10 Apr 2009, 12:15 UTC · By: Bogdan Popa / Even if the company already confirmed that it won't show up at a number of auto events this year, General Motors is planning to display a total of 37 models at the upcoming Auto Shanghai 2009 t...
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...
Obama to Detroit 3: Give Us 17,600 Hybrids
10 Apr 2009, 13:32 UTC · By: Catalin Tudor / The American president Barack Obama has announced today that his new administration's plan is to buy 17,600 fuel efficient vehicles from General Motors Corp., Ford Motor Co. and Chrysler LLC....