25 Nov 2009, 11:16 UTC · By: Bogdan Popa / General Motors is currently working on Opel's restructuring plan and, even if it caused the anger of several officials after scrapping the sale to Magna International, the US-based manufacturer...
25 Nov 2009, 10:09 UTC · By: Bogdan Popa / German Chancellor Angela Merkel is one of the German officials that struggled to help Opel step aside GM's ownerships and supported Magna's point of view with every single occasion. Furthe...
25 Nov 2009, 08:54 UTC · By: Alex Vasile / General Motors spokeswoman Ryndee Carney said two weeks ago that if the deal with Koenigsegg failed, GM would have to close down all brand operations and all the US dealerships. And just when everyb...
25 Nov 2009, 08:03 UTC · By: Bogdan Popa / After months of negotiations and rumors regarding Saab's future, Koenigsegg finally decided to terminate the agreement for purchasing the Swedish brand. Unfortunately, General Motors is yet to ...
24 Nov 2009, 08:25 UTC · By: Alex Vasile / It seems that General Motors is set on getting some money back from JTEKT North America Inc, a supplier which caused GM to lose more than $30 million with fixing problems in the steering systems of...
24 Nov 2009, 07:42 UTC · By: Bogdan Popa / Even if company officials explained that a final restructuring plan for Opel won't be revealed before mid-December, it appears that the US-based manufacturer intends to submit its proposal to E...
23 Nov 2009, 09:26 UTC · By: Alex Vasile / General Motors is pushing things forward with its extended range electric vehicle, the Chevrolet Volt. And now they announced that the Volt is one year away from the start of regular production, as...
22 Nov 2009, 08:24 UTC · By: Alina Dumitrache / Virgil Coffman is the name of the man who bought a bright yellow, 426 horsepower Camaro SS in September. Nothing unusual with that, but wait until you hear this: Coffman is eight months older than G...
20 Nov 2009, 11:01 UTC · By: Bogdan Popa / Carlos Ghosn, CEO of Renault-Nissan, said in a statement that a potential transcontinental alliance with General Motors would have saved the US-based manufacturer. The three companies were close to ...
20 Nov 2009, 07:41 UTC · By: Bogdan Popa / General Motors will present its restructuring plan for Opel in December, Nick Reilly, interim boss for GM Europe, said in a statement revealing that the reorganization will be similar to the one pro...
19 Nov 2009, 13:31 UTC · By: Bogdan Popa / Senator John McCain, the 2008 Republican presidential candidate, continues to talk about the US auto sector in a pessimistic manner and thinks that Chrysler, who received around $15 billion in state...
19 Nov 2009, 08:47 UTC · By: Bogdan Popa / General Motors representatives will meet with EU officials and European economic ministers next Monday in Brussels to talk on Opel's future. Basically, the European Commission is attempting to ...
19 Nov 2009, 08:20 UTC · By: Bogdan Popa / General Motors decided to keep Opel and try to reorganize the brand on its own but the decision only led to an avalanche of criticism from German officials who saw their efforts biting the dust afte...
17 Nov 2009, 08:13 UTC · By: Bogdan Popa / General Motors paid last week another tranche from the Opel loan it received back in June to keep the company alive, company representatives said in a statement. The German government agreed during ...
13 Nov 2009, 07:54 UTC · By: Bogdan Popa / General Motors recently announced that it will hire 600 new workers at three Brazilian factories in the state of Sao Paulo to keep up with the growing demand for the models assembled locally. The Br...
12 Nov 2009, 09:29 UTC · By: Bogdan Popa / General Motors, who's now planning to convince the German government and other officials across Europe to support the Opel restructuring process, might face serious problems trying to do this, ...
11 Nov 2009, 10:51 UTC · By: Bogdan Popa / Toyota has already announced that it will end its NUMMI joint venture on March 31, 2010 but it appears that the Japanese manufacturer is encountering some difficulties in doing this. Bloomberg infor...
11 Nov 2009, 08:51 UTC · By: Bogdan Popa / Sberbank, the Russian loser of the huge Opel saga, says the company is still considering a potential lawsuit against the US-based manufacturer General Motors after its decision to scrap the sale pla...
10 Nov 2009, 14:21 UTC · By: Alex Vasile / Most of you know that Swedish super car manufacturer Koenigsegg is in the process of purchasing Saab. And it’s not just Swedish buying other Swedish, because behind Koenigsegg stands Beijing ...
10 Nov 2009, 10:05 UTC · By: Bogdan Popa / Even if the Opel deal failed to get through, General Motors is still planning to bring Opel in Russia and who else can support such an expansion goal if not Magna and GAZ? The US-based manufacturer ...