GM Pleased with US EV Grants
6 Aug 2009, 06:32 UTC · By: Daniel Patrascu / As we reported yesterday, the US government was on the verge of awarding $2.4 billion in grants for research on advanced batteries and vehicle components, as well as for the purchase of plug-in hybr...
GM and Magna Move Closer Together
5 Aug 2009, 12:51 UTC · By: Daniel Patrascu / With a final decision on the future of German manufacturer Opel looming, reports started coming in saying American manufacturer GM and Magna have already began narrowing the gap between their points...
GM UK Drops Masterlease, New Path with ALD Automotive
5 Aug 2009, 09:01 UTC · By: Daniel Patrascu / The UK branch of American manufacturer GM announced today it has form a partnership with ALD Automotive to manage its Private Label Leasing operation, including Vauxhall Leasing, Saab Contract Hire ...
Opel Sold by Weekend, Germany Promises
5 Aug 2009, 08:26 UTC · By: Bogdan Popa / Opel's future is still undecided, despite that officials of both RHJ and Magna International met with General Motors and German representatives. And even some voices are hinting that reaching a...
Corvette C6.R Officially Unveiled
5 Aug 2009, 06:46 UTC · By: Daniel Patrascu / American manufacturer GM released yesterday details and photos of their future GT2 racer, namely the Corvette C6.R. The car will see its official introduction at the Mid-Ohio Sports Car Course on Au...
GM Unsure Who's Better for Opel
4 Aug 2009, 14:15 UTC · By: Bogdan Popa / Opel's search for a new father will last longer than expected and we got this from the gazillion reports on the matter we rolled out every once in a while. Such an example is today's news ...
Ford Focus Is Cash for Clunkers' Best Seller
4 Aug 2009, 09:52 UTC · By: Bogdan Popa / The Car Allowance Rebate System really helped the Detroit Three, as General Motors, Chrysler and Ford take 47 percent of all new car sales through the scrapping schemes. The figures have been provid...
GM Loses Ground in South Korea
4 Aug 2009, 06:47 UTC · By: Bogdan Popa / While the company benefits from cash incentives in both the United States and continues to run high in China, General Motors experiences slower sales in Korea where GM Daewoo encounters several prob...
Another 6,000 Leave GM
4 Aug 2009, 06:20 UTC · By: Daniel Patrascu / American manufacturer GM announced today it has completed the latest attrition program set up to help it "reinvent the company as a leaner, more cost-competitive company." According to the...
GM July Sales, Down 19 Percent
4 Aug 2009, 06:18 UTC · By: Daniel Patrascu / American manufacturer GM posted last night its sales figures in the US for July and the numbers, they say, are encouraging. The company sold a total of 189,443 vehicles, more than last month yet les...
Magna Could Fire Over 3,000 Opel Workers
3 Aug 2009, 13:46 UTC · By: Bogdan Popa / In case it manages to convince both the German government and GM Europe that it deserves to be the new Opel owner, Magna International could fire over 3,045 jobs in Germany. German magazine Wirtscha...
Opel Suitors Asked to Improve Bids
3 Aug 2009, 09:56 UTC · By: Bogdan Popa / It happens again and it will most likely happen in the future as well. Opel's suitors, now counting only two of them, are asked one more time to improve their bids in case they really want to b...
GM in China, Best July Ever
3 Aug 2009, 09:12 UTC · By: Bogdan Popa / Things are going well in China, one of the largest markets for many automakers out there who got lured into this country thanks to a continuous grow in demand. Despite the global economic recession,...
Opel, RHJ or Bankruptcy
3 Aug 2009, 06:54 UTC · By: Daniel Patrascu / The battle for Opel is far from over and, up until now, the only foreseeable casualty is the German car manufacturer itself. The disagreements between the German government and still Opel's own...
GM Recalls 2004-2009 Chevrolet Colorado
31 Jul 2009, 14:49 UTC · By: Bogdan Popa / General Motors is recalling several models in the United States after discovering that a brake lamp switch might work incorrectly and have serious consequences over both the affected car and the oth...
Suzuki Plans to Keep CAMI
31 Jul 2009, 14:04 UTC · By: Daniel Patrascu / Japanese manufacturer Suzuki said today, through the voice of Gene Brown, American Suzuki's vice president of marketing and public relations, that, despite the difficult economical conditions, ...
GM Won't Buy Opel Back
31 Jul 2009, 10:59 UTC · By: Bogdan Popa / After RHJ International this week admitted it would sell Opel back to GM after it completes restructuring, John Smith GM group vice president and GM’s chief negotiator for the sale of Opel sai...
Opel Negotiations Could Take "Longer Than Expected"
31 Jul 2009, 10:35 UTC · By: Bogdan Popa / Is somebody out there who still believes Opel will be sold soon? Because this sounds like a neverending story, as reports on the matter keep coming, revealing all kind of deadlines for the German ma...
Even More GM Leadership Changes
31 Jul 2009, 06:57 UTC · By: Bogdan Popa / GM undergoes a massive restructuring and nobody doubts it, especially when looking at the avalanche of leadership changes that took place after the company emerged from bankruptcy. Today for example...
Delphi Sold to GM, Lender Group
31 Jul 2009, 07:04 UTC · By: Daniel Patrascu / The four year long bankruptcy of American supplier Delphi concluded yesterday with the approval for the sale of its assets to General Motors and a group of lenders. In exchange for the sale, the len...