Henderson: We're Changing the Culture at GM
12 Aug 2009, 09:26 UTC · By: Bogdan Popa / GM is now undergoing the biggest restructuring ever, not only at the product range level but also at the way the company sees customers and the market per se. Fritz Henderson, GM President and CEO, ...
Angela Merkel Will Help Magna Snatch Opel
12 Aug 2009, 09:04 UTC · By: Bogdan Popa / German Chancellor Angela Merkel is once again showing her support for Magna International, the Canadian - Austrian partsmaker which competes with RHJ for the majority stake in Opel. Furthermore, Mer...
GM New Models Announced
11 Aug 2009, 14:28 UTC · By: Bogdan Popa / Former bankrupt automaker General Motors has just announced, through the voice of its President and CEO Fritz Henderson, the new cars, crossovers and trucks that will debut through 2011 under the fo...
Cadillac Confirms Entry Luxury Sports Sedan
11 Aug 2009, 14:09 UTC · By: Bogdan Popa / GM's President and CEO Fritz Henderson has just announced that Cadillac, one of the new GM's four core brands, is developing an entry luxury sports sedan that would better address the econ...
Chevrolet Volt Will Achieve 230 mpg in Urban Traffic
11 Aug 2009, 13:46 UTC · By: Alexandru Radu Chis / Yes, you heard right. General Motors expects the Volt to achieve city fuel economy of at least 230 miles per gallon (US gallon). This statement, however, is based on development testing that takes i...
Ford and GM Record Massive Sales Drop in Russia
11 Aug 2009, 10:40 UTC · By: Alexandru Radu Chis / Statistics gathered by the Moscow-based Association of European Businesses (AEB) show an overwhelming drop in car sales on the Russian market for the month of July. American companies Ford Motor Co....
Key Stakeholder Sells 22 Percent in Koenigsegg
11 Aug 2009, 09:22 UTC · By: Alexandru Radu Chis / Earlier this week we informed you that Koenigsegg investors might pull out from the business due to the company's plan to take over fellow Swedish car manufacturer Saab. The decision might have...
Chevrolet Volt Is Not "Commercially Viable"
11 Aug 2009, 07:38 UTC · By: Bogdan Popa / Chevrolet Volt, the over-praised model which is expected to turn General Motors around and pave the way to profit, might not be ready in time for the November 2010 launch. A regulatory filing repor...
GM and eBay Sign Deal to Sell Cars Online
10 Aug 2009, 14:23 UTC · By: Bogdan Popa / Just as we told you some time ago, GM and eBay were working on a deal that would allow the former bankrupt automaker to sell cars online. Well, the two companies today announced they have reached a ...
Michigan Battery Factory Location to Be Announced by GM This Week
10 Aug 2009, 13:53 UTC · By: Alexandru Radu Chis / After receiving numerous government grants and loans, we finally hear some positive news from General Motors. The giant American auto maker plans to open a new battery assembly line in Michigan, Uni...
GM, RHJ Negotiated Opel Takeover Contract
10 Aug 2009, 10:40 UTC · By: Bogdan Popa / While negotiations over the future owner for Opel continue between the four parts involved (General Motors, Germany, RHJ and Magna International), the CEO of the Belgium investor says his company ha...
RHJ Might Revise Opel Takeover Bid
10 Aug 2009, 09:12 UTC · By: Bogdan Popa / The Opel selling saga is far from being over as the two suitors, Magna and RHJ, are challenging one another with new bids every once in a while. This time, the Belgian investor is looking to improve...
Americans Still Attracted by Gaz Guzzlers
7 Aug 2009, 12:13 UTC · By: Bogdan Popa / In spite of the economic recession that brought the United States auto industry on the verge of collapse, Americans are still attracted by high-displacement engines, GM Vice Chairman Bob Lutz said. ...
"Little Progress" Made in Opel Talks
7 Aug 2009, 09:28 UTC · By: Bogdan Popa / Negotiations between Germany and Opel on one side and the two interested bidders, RHJ and Magna, on the other continue but only "little progress" was made these days, John Smith, GM Group ...
Buick Confirms 2010 Crossover, Hybrid Version in 2011
6 Aug 2009, 14:59 UTC · By: Bogdan Popa / General Motors has just confirmed that it will debut a five-passenger crossover model in 2010 that will rely on a new family of fuel-efficient direct-inject gas engines, with a plug-in hybrid flavor...
GM, Profitability by 2011
6 Aug 2009, 14:27 UTC · By: Bogdan Popa / Things are getting better for former bankruptcy automaker General Motors who's experiencing high sales in the domestic market following the US government scrapping scheme. And the future sounds...
Toyota Yet to Decide on NUMMI Plant
6 Aug 2009, 09:20 UTC · By: Bogdan Popa / Japanese manufacturer Toyota is still unsure what to do with its Californian production plant but hopes to make a decision in the near future. After General Motors announced it will quite the NUMMI ...
GM to Allow Early Dealer Termination, No Penalties
6 Aug 2009, 08:59 UTC · By: Daniel Patrascu / American manufacturer GM announced it has decided to allow its rejected dealers to close before january 1, 2010, should they desire so, without applying any penalties. "We're trying to be ...
US EV Grants Winners Begin "Battle for America's Future"
6 Aug 2009, 06:55 UTC · By: Daniel Patrascu / The US has announced yesterday the winners of the $2.4Bn battery and EV development grants, a move aimed at meeting President Obama's goal of having some 1 million electric vehicles on the road...
GM Wants New Cars Faster
6 Aug 2009, 06:48 UTC · By: Bogdan Popa / After emerging from bankruptcy, re-becoming a top player in the auto sector is one of the most important tasks for General Motors. And the new board wants to do this by bringing new cars on the mark...