Saab to Be Sold for $1 (ONE Dollar)?
20 Jan 2010, 09:16 UTC · By: Bogdan Popa / Speculations concerning the Saab selling saga continue with a new story regarding Genii Capital's offer for the Swedish unit. It appears that Formula 1 boss Bernie Ecclestone wants to purchase ...
Genii Capital Optimistic Saab Will Be Sold
20 Jan 2010, 07:48 UTC · By: Bogdan Popa / Although General Motors has already started winding down Saab, both Spyker and Genii Capital, a.k.a. the two interested bidders that are still in the race for buying the Swedish unit, are confident ...
Save Our Saab Convoy Led by Erik Carlsson
19 Jan 2010, 15:03 UTC · By: Daniel Patrascu / Although Saab, the car manufacturer, will most likely cease to exist as an entity, Saab vehicles owners and fans will always be around. Their existence (if you doubted it until now) was confirmed on...
GM Refuses to Comment on Genii-Spyker Saab Bid
19 Jan 2010, 10:50 UTC · By: Bogdan Popa / Although Spyker's boss promptly denied a possible joint bid for Saab, General Motors refuses to comment on such a possibility and doesn't give any indication whether it would accept or rej...
Reilly: It's Time for Opel to Be Clear Winner Again
19 Jan 2010, 09:51 UTC · By: Bogdan Popa / If you're one of the ones involved in the Opel business, you surely heard about CEO Nick Reilly's letter submitted to employees last week in which he talks about a number of topics, includ...
GM Offers Four Free Service Checks to Pontiac Owners
19 Jan 2010, 08:58 UTC · By: Bogdan Popa / GM shuts down Pontiac and this measure affects millions of people in the United States, who will most likely stay away from GM's brands in the future. But General Motors tries a different appro...
Opel CEO Backs GM: Don't Attack It!
19 Jan 2010, 08:31 UTC · By: Bogdan Popa / Opel and Vauxhall CEO Nick Reilly announced a few days ago the new management team to revive the two companies, with some members coming from the US to represent GM when making critical decisions. I...
Spyker Still in the Race for Saab
19 Jan 2010, 08:04 UTC · By: Bogdan Popa / Dutch carmaker Spyker is still negotiating the acquisition of Saab, despite the fact that General Motors, the current owner of the Swedish unit, already started winding down the brand. CEO Victor Mu...
Spyker Not Interested in Saab Joint Bid
18 Jan 2010, 09:42 UTC · By: Bogdan Popa / After reports appearing in the Swedish media suggested that Spyker might be interested in buying Saab together with Luxembourg-based investment firm Genii Capital, CEO Victor Muller denied speculati...
GM Grants 650M Euros to Fund Opel
18 Jan 2010, 09:29 UTC · By: Bogdan Popa / After announcing its new management team that is supposed to help save Opel, Nick Reilly also confirmed that General Motors will give the German brand 650 million Euros until the company manages to ...
Suzuki, GM to Part Ways in Hybrid Development
18 Jan 2010, 08:54 UTC · By: Bogdan Popa / Suzuki Motor Corporation finally decided to cut its ties with General Motors in the hybrid sector and fuel-cell technologies and concentrate its efforts on the Volkswagen alliance formed late last y...
Opel's New Management Team
15 Jan 2010, 14:37 UTC · By: Daniel Patrascu / As hinted earlier today, German carmaker Opel is now ready to take on the challenges of the future with a new management team, led by Nick Reilly as chief executive officer. Immediately below Reilly...
GM India Increases Production and Sets Target for Exports
15 Jan 2010, 11:59 UTC · By: Andrei Tutu / General Motors India is planning to increase its annual production figure to 200,000 units by 2013 and want to export a part of it to the European and Asia Pacific markets, as The Financial Express ...
Automotive Players Unite: Let's Save Saab!
15 Jan 2010, 09:59 UTC · By: Bogdan Popa / Although General Motors is playing hard to get when it comes to Saab, it seems like the entire automotive world is joining forces against the US-based manufacturer for an unique purpose: save the Sw...
Opel's Management Team to Be Unveiled Today
15 Jan 2010, 07:55 UTC · By: Bogdan Popa / Nick Reilly will unveil today Opel's new management team that will be in charge of the revival of the German group. At least, this is what European government and unions are expecting as Reilly...
All-Electric Chevrolet Volt in the Works?
14 Jan 2010, 11:28 UTC · By: Bogdan Popa / General Motors hasn't yet launched the standard Volt and people have already started talking about other versions of the car, such as an all-electric flavor that would be driven on electricity ...
Cadillac Coming Back to Europe
14 Jan 2010, 10:06 UTC · By: Bogdan Popa / The 2010 Geneva Motor Show in March will also represent the official return of Cadillac in Europe as the brand is currently working on establishing a new dealership network across the continent. Spe...
Hummer Production Stops on Monday
14 Jan 2010, 09:32 UTC · By: Daniel Patrascu / American manufacturer GM will reportedly close the line in its Shreveport, Louisiana plant, on which the Hummer is produced, on Monday, January 18, as it awaits the conclusion of the deal with the C...
Genii Capital Submits New Bid for Saab
14 Jan 2010, 08:56 UTC · By: Bogdan Popa / Genii Capital, one of the bidders involved in the Saab case, confirmed on Wednesday that it has submitted an improved bid for GM's Swedish unit Saab, emphasizing that it has what it needs - fin...
GM Could Reopen Plants to Satisfy Demand
14 Jan 2010, 07:47 UTC · By: Bogdan Popa / After General Motors closed several US plants as parts of its global reorganization, the American automaker might bring some of them back to life in a move supposed to help the company meet higher d...