Sad Day in Delaware: GM Closes Boxwood Road Plant
30 Jul 2009, 13:54 UTC · By: Bogdan Popa / Tough day for workers at General Motors' Boxwood Road assembly plant who today "celebrated" their last day at work. Unfortunately, this was also the last day for the facility per se a...
GM Wants People to See the Car as a "Hero"
30 Jul 2009, 10:11 UTC · By: Bogdan Popa / Bob Lutz, General Motors's marketing chief, demanded advertising agencies the company is currently working with to come up with a new ad plan that could repair GM's severely damaged image ...
Delphi Sale to Be Decided Today
30 Jul 2009, 09:38 UTC · By: Daniel Patrascu / The almost four-year long bankruptcy process of American part supplier Delphi may end today, as the bankruptcy court is expected to rule whether the sale process is a go or not. The court ruling is ...
Obama Expects GM, Chrysler to Repay Loans
30 Jul 2009, 09:18 UTC · By: Bogdan Popa / Contrary to what some analysts believe, US President Barack Obama expects both General Motors and Chrysler to repay the government loans they have received to stay in business and operate during ban...
Penske-Saturn Deal on Track
30 Jul 2009, 08:28 UTC · By: Daniel Patrascu / Unlike its European counterpart Opel, American brand Saturn has not caused much of a stir in the States when it was put up for sale. And, again, unlike Magna's now uncertain takeover of Opel, P...
GM: RHJ Favorite for Opel
29 Jul 2009, 07:57 UTC · By: Daniel Patrascu / As the official announcement regarding the future owner of Opel draws ever closer, the battle between General Motors and German officials heats up, as it is now obvious the two sides favor different...
Sberbank Confident Magna Will Buy Opel This Week
29 Jul 2009, 07:18 UTC · By: Bogdan Popa / Sberbank, Magna's Russian partner who supports the Canadian - Austrian parts manufacturer into buying Opel, says the German government is expected to issue a final decision on the matter by the...
Chevrolet Agile First Details
29 Jul 2009, 06:41 UTC · By: Daniel Patrascu / American manufacturer GM released yesterday the first sketches of their upcoming hatch, the Chevrolet Agile. Scheduled to be released in the fourth quarter of 2009, the Agile is defined by GM as bei...
Toyota Still in Front of GM
28 Jul 2009, 14:21 UTC · By: Bogdan Popa / Toyota remains the world's number one automaker for the time being as its sales are still above the ones posted by General Motors, who's currently the second largest automaker. The Japanes...
Magna Improves Opel Bid. Again.
28 Jul 2009, 14:17 UTC · By: Bogdan Popa / Magna International once again improved its bid for Opel, a German government source revealed, despite the fact that the Canadian-Austrian manufacturer said that its previous proposal was actually a...
BAIC Seeks New Partner Outside China
28 Jul 2009, 09:33 UTC · By: Bogdan Popa / Even if it failed to convince GM Europe and Germany to hand it over the Opel ownership, BAIC is still seeking for an international partner outside China, a company official said a few days ago. Addi...
Electrification Important to GM's Success
28 Jul 2009, 09:07 UTC · By: Bogdan Popa / As if that wasn't obvious... But General Motors is really keen on getting closer to electrification, as Beth Lowery, Vice President of Environment, Energy and Safety Policy at GM, said in a web...
Magna Would Cut 1,200 Vauxhall Jobs in Britain
28 Jul 2009, 08:44 UTC · By: Bogdan Popa / And here we go again... A new day, a new story surrounding the future of Opel/Vauxhall. This time it's about Magna, the Canadian - Austrian parts manufacturer who's still in the battle for...
UAW Calls for NUMMI Save
28 Jul 2009, 08:15 UTC · By: Daniel Patrascu / The UAW on Monday sent a message to members, retirees and supporters in which they stated they would call for Congress intervention in an attempt to persuade Toyota to keep its California assembly ...
Delphi Like Lenders' Bid, GM Says Yes
28 Jul 2009, 07:14 UTC · By: Daniel Patrascu / Bankrupt American part supplier Delphi announced yesterday it favors a bid submitted by its lenders over the one of the other bidder, Platinum Equity. Having a change of heart, GM, which up until n...
Opel Unions Want Veto Right
27 Jul 2009, 14:58 UTC · By: Daniel Patrascu / The uncertainty in which Opel has been thrown since GM decided Magna is no longer good enough for its European asset is making German unions ask for more influence when it comes to the choice of Ope...
BAIC Still Looking to Buy Opel
27 Jul 2009, 13:45 UTC · By: Bogdan Popa / BAIC is probably thinking that GM Europe is playing hard to get when it comes to Opel so the Chinese a few days ago re-confirmed their interest in the German brand, hinting that they agree to discus...
RHJ Admits It Could Sell Opel Back to GM
27 Jul 2009, 07:31 UTC · By: Bogdan Popa / RHJ International, one of the two bidders who're still in the race for Opel, admitted a few days ago that it could sell Opel back to General Motors after it completes the restructuring process....
US Dealers Saga Continues
26 Jul 2009, 07:37 UTC · By: Daniel Patrascu / After both managed to exit bankruptcy, General Motors and Chrysler left behind a trail of discarded, or at least soon to be discarded dealerships. The decision to kill some 2,000 was taken, as both ...
To NUMMI or Not to NUMMI
24 Jul 2009, 13:40 UTC · By: Alexandru Radu Chis / A cloud of uncertainty still reigns over the now former Toyota-GM NUMMI operation's fate. The 5,400-worker joint venture between the two, which dates back to 1984 could see its bitter end this ...