Browse by Tags
All Tags » General Motors ( RSS)
-
|
It's the week ending November 6, and we've browsed our favorite automotive blogs all week long to gather the highlights from each.
...
|
-
|
Ending months of negotiation and speculation, General Motors has halted the sale of its European Opel division. GM has cited improving business and the importance of Opel/Vauxhall to its global operations as the reasons for the reversal. GM today posted its October sales figures, showing the first gain in 21 months. The news came hard on Magna International, which had been working with the German government, GM, and partners on acquiring Opel. Known as a major parts supplier, Magna is a large, diverse company that has grown to become a manufacturer-for-hire for several automakers, and this purchase would have been a natural expansion for its business. “GM will soon present its restructuring plan to Germany and other governments and hopes for its favorable consideration,” said Fritz Henderson, president and CEO. “We understand the complexity and length of this issue has been draining for all involved. However, from the outset, our goal has been to secure the best long term solution for our customers, employee, suppliers, and dealers, which is reflected in the decision reached today. This was deemed to be the most stable and least costly approach for securing Opel/Vauxhall’s long-term...
|
-
|
When Global Vice President of General Motors Design Ed Welburn pulled the silk off the final vehicle in a special event with a small amount of journalists on the first night of Sema, the guests were surprised to find none other than Jay Leno sitting behind the wheel. ...
|
-
|
It's the week ending October 30, and we've browsed our favorite automotive blogs all week long to gather the highlights from each. First, it's too obvious to forget, but this weekend is Halloween, and there are sure to be lots of kidlets swarming the roads in costume on Saturday evening. AskPatty knows Halloween is the most dangerous day of the year for children to walk and offers up a selection of tips to help drivers do their part to keep trick-or-treaters safe from harm. Love this one: "Empire Strikes Back: White House calls out Edmunds on Clunkers story, Edmunds responds" The facts in the case of the White House versus Edmunds are essentially indisputable - but they are open for interpretation. Thanks to AutoBlog for summarizing this excellent -- and entertaining -- case of "He said, They said." Daylight savings time ends this weekend, be sure to take extra care when driving in residential neighborhoods and approaching intersections and stop signs as you adjust to the added darkness along your familiar roads. Automotive Traveler advises your children to be extra careful if they're walking in a parking lot or crossing the street as the sun sets...
|
-
|
Don't miss your chance to be involved in the development of Chevy's highly anticipated Volt! ...
|
-
|
As the auto industry emerges from crisis , new hope is given to a General Motors factory town with today’s announcement that Fisker Automotive will purchase the Wilmington Assembly plant in Delaware. Vice President Joe Biden and Delaware Governor Jack Markell were on hand for the news that Fisker signed a letter of purchase intent for $18 million. An additional $175 million will be spent to refurbish and retool the factory over the next three years. The funds come from a conditional loan of $528.7 million the Department of Energy awarded the company in September. The facility that previously built the Pontiac Solstice and Saturn Sky will be overhauled to assemble an “affordable” plug-in hybrid sedan dubbed Project NINA. Production is expected to begin in late 2012, and Project NINA is optimistically forecast to support 2,000 factory jobs and more than 3,000 vendor and supplier jobs by 2014, as production ramps up to full capacity of 75,000-100,000 vehicles per year. More than half of the sedans are expected to be exported. The car itself is estimated to cost about $39,900 after federal tax credits. Learn about the Fisker Karma , a luxurious plug-in hybrid that delivers an estimated...
|
-
|
It is the week ending October 16, and we have browsed our favorite automotive blogs all week long to gather the highlights from each....
|
-
|
General Motors happily reports that since launching their 60-day love-it-or-return-it guarantee, only one buyer from 150,000 new-vehicle purchases has returned their new GM car, and actually he exchanged it for the same car but with a different transmission. “Out of hundreds of thousands, the people who've selected the 60-day guarantee were in the hundreds,” GM's marketing chief Bob Lutz said during a press conference Wednesday. “We have had one substantiated return of a vehicle.” Actually, of the 150,000 vehicles sold since the sales campaign debuted, only 100 people have opted for the 60-day return offer. The rest of the buyers each chose to take $500 cash. That's $74,900 in sales incentive "costs" the the automaker ... about the value of one nice Vette or a CTS-V ... and an indicator that a lot of people love cash and/or have faith they'll be happy with their new GM purchase decision 60 days down the road. ~ Deborah Neal, Editorial Director, autoMedia.com
|
-
|
It's the week ending October 10, and we've browsed our favorite automotive blogs all week long to gather a collection of what we feel is the highlight from each....
|
-
|
This deal is looking like it will actually happen thanks to a definitive agreement signed today by General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd (Tengzhong), that will allow Tengzhong to acquire GM's Hummer brand....
|
-
|
Automotive enthusiasts openly wept when it became clear that the Holden-sourced G8 sedan would be a casualty in the shuttering of the Pontiac brand . General Motors had teased with world that it would live on as a Chevrolet, then it shattered dreams by declaring the G8 as gone for good. Well, true believers, the G8 will live on as the Chevrolet Caprice. Technically, the Caprice is actually a long-wheelbase model based on the Holden Statesman, stretching 118.5 inches hub to hub. The larger car enables enough rear legroom to accommodate a divider—an essential to protect officers from fiesty suspects. To be sold strictly as a police-spec vehicle, this will be the coolest Caprice in that moniker’s history. The initial powertrain will be a 6.0-liter, 355-horsepower V-8 with 384 lbs.-ft. of torque paired to a six-speed automatic transmission. Chevrolet boasts 0-60 mph times under six seconds, ensuring The Man can outgun most roadway hooligans. This potent engine will be joined by a more fuel-efficient V-6 the following year. The Caprice is given the full cop treatment, bumper to bumper, with all the electrical hookups and convenience features needed by a modern police force. Yes, enthusiasts...
|
-
|
General Motors declared that it would swiftly wind down the Saturn brand and dealer network by the end of January 2010, in reponse to Penske Automotive Group walking away from a purchase arrangement. (Read: “ Penske Ends Bid to Buy Saturn, GM to Discontinue Brand .”) Without a buyer, GM felt is had no choice but to quickly dismantle the “Different Kind of Company,” swiftly rendering it another footnote in automotive history alongside Pontiac. Saturn will build no more vehicles. It currently has a standing inventory of 12,000 units. Other GM franchises are authorized to service Saturn vehicles and honor warranties. It may be a great time to get a deal on a Saturn, though their value will be negatively impacted by the wind down and long-term parts availability may create risks, particularly for unique models like the Sky or Astra that are not shared with other GM brands. Some current Saturn dealers may continue to offer service, should they remain in business. If you visit your local dealership, wish them well and buy a souvenir. Read our Astra , Aura , Sky , and Vue reviews .
|
-
|
It's the week ending October 2, and we've browsed our favorite automotive blogs all week long to gather a collection of what we feel is the highlight from each. Toyota is recalling 3.8 million vehicles to check the floor mats and Cash for Clunkers makes it back into the headlines, but we've also got plenty of unusual news sure to entertain the automotive fan....
|
-
|
General Motors broke the news today that Penske Automotive Group would not purchase Saturn. The large dealer organization announced a proposed deal this past June to purchase the “different kind of car company.” Due to the withdrawal, GM will wind down Saturn production and the dealer network. (For background, see " GM Enters Agreement to Sell Saturn .") Penske cites an inability to secure vehicles as the reason for withdrawing from the deal. It had negotiated the terms and conditions of an agreement with a yet-unnamed automaker, however, that agreement was rejected by that company's board of directors. The Detroit Free Press has reported that Renault-Nissan was the potential partner. The announcement is a painful blow to the industry. Penske the man and organization is held in high regard, and this deal was considered the best chance for the future of the brand. The plan had been for General Motors to continue to supply vehicles through 2011, after which time Penske would source products from another automaker. This arrangement promised to shake-up the century-old business model and provide unique opportunities. For instances, a Penske-run Saturn could have potentially...
|
-
|
Maybe it was a marketing ploy, or maybe GM's marketing chief Bob Lutz had a change of heart. After announcing that GM would not be holding the fall season truck sale in order to focus on their new "May the Best Car Win" campaign, Lutz has decided to hold a fall truck sale after all, starting tomorrow, September 25th. So what is GM said to be offering you on Chevrolet and GMC trucks? According to a report today in Automotive News: $1000 cash on many GMC 2010 trucks, crossovers and SUVs, including Buick Enclave $500 cash on 2009 and 2010 GMC Canyon pickup trucks Zero percent financing for 60 months on all Chevrolet Silverado and Colorado trucks, plus the 2010 Chevrolet Malibu sedan $1500 cash on 2010 Chevrolet Malibu models $1000 on 2010 Chevrolet Impala sedans, Traverse crossovers, Tahoe and Suburban SUVs, and Silverado and Avalanche trucks The caveat right now, according to some Chevrolet and GMC dealers, is that they currently do not have a lot of 2010 models in stock. The fall sale ends November 2, 2009. Ford's fall truck sale opened September 10 and ends October 5, 2009, with incentives as much as $4500 on F-150 model line trucks and $5000 on F-Series Super Duty...
|
More Posts Next page »
|