GM


REPORT: Saab still has at least two interested parties - BAIC and Merbanco

When Koenigsegg pulled out of its agreement with General Motors to purchase Saab, many thought that General Motors would dump the Swedish automaker much like it did the Saturn brand. But it appears that The General is still willing to look for another interested party, and speculation is that two perspective buyers are at the front of the line. The Swedish press is reporting that China's Beijing Automotive (BAIC) and Wyoming-based merchant bank Merbanco have shown renewed interest in perennially cash-poor Saab. Saab spokeswoman Gunilla ... Read more →

GM swings the axe: 9,000 Opel jobs likely to be eliminated Alex Nunez

General Motors shouldn't expect to achieve David Hasselhoff-level popularity in Germany anytime soon. The Detroit News reports that since GM has elected to keep and restructure its Opel division, ...

REPORT: New Chinese-market Cadillac SLS and Buick Excelle XT to debut in Guangzhou Jonathon Ramsey

General Motors' China's sales are up 60 percent year-on-year, and The General wants to keep the momentum going at its Chinese outpost. Automotive News China reports that the Guangzhou Auto Show will ...

REPORT: GM offering special discounts to rejected franchise customers, move angers dealer group Michael Harley

Realizing that one of its keys to survival is retaining existing owners, General Motors is proactively enticing nearly one million customers – those loyal to now-closed dealerships – ...

REPORT: GM's next-gen SUVs to be body-on-frame (otherwise they'd be crossovers) Chris Shunk

The GMT900 platform is by far the highest volume chassis General Motors has here in the States, as it underpins the Chevrolet Silverado, Tahoe, Avalanche and Suburban, the Cadillac ...

First Drive: 2011 Buick Regal prototype looks to be a good sport 5 days ago on Autoblog

There's an odd bit of historical deja vu at work here. Back in the late '60s and early '70s, General Motors wanted to shift a few sporty-ish four-cylinder models from its Opel division into America, so they turned to their Buick dealers. This didn't work out exactly as planned – ...

Spy Shots: First look at the 2011 Chevy Aveo 6 days ago on Autoblog

Back in August, in the wake of General Motors emergence from its pre-packaged bankruptcy, the automaker gave select members of the media a preview of several upcoming products. Among those was the next Chevrolet Aveo, which will take up the B-segment mantle to battle the new Ford Fiesta, Mazda2, ...

REPORT: SS badge to return to its roots at Chevy 7 days ago on Autoblog

When the SS badge returned to Chevrolet, we were pretty excited. But then the double letter #19 made its way onto the last generation Malibu, and we were immediately and nearly permanently turned off. General Motors later turned up the heat with the turbocharged Cobalt SS and HHR SS, and while we ...

193 vehicles returned under GM's 60-day satisfaction guarantee 8 days ago on Autoblog

Last month, General Motors raised some eye brows when it announced its 60-day satisfaction guarantee program giving customers the ability to drive their vehicles for 60 days and return them with zero minimal risk. A month ago, we told you that only one vehicle had been returned under the program, ...

REPORT: Hummer getting plans in order for H4 and H5 models 11 days ago on Autoblog

As a brand, Hummer has been in limbo since General Motors announced it was selling the downtrodden marque to China's Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. Speculation remains that the sale could be completed on or around December 1, pending approval from GM and the Chinese ...

Autoblog Podcast #153 - with Phil Berg 11 days ago on Autoblog

Long-serving automotive journalist Phil Berg joins regulars Chris, Sam, and Dan to chew over some recent items. Starting us off, the car we all want in our driveways, the Cadillac CTS-V Sportwagon continues to be grist for the rumormill. Staying with GM, we move on to the debut of the Buick ...

GM's RenCen headquarters in Detroit 'at risk' without tax credits? 11 days ago on Autoblog

According to The Detroit News, General Motors has gone on record as suggesting that without state tax credits designed to keep 2,500 employees ensconced at its Detroit Renaissance Center headquarters, the automaker could pull out of Motown's skyline and into the suburbs and surrounding areas. ...

REPORT: January's Detroit Auto Show to be loaded up with political VIPs 11 days ago on Autoblog

After General Motors and Chrysler required a combined $80 billion in government assistance to keep their doors open, many speculated that Uncle Sam would want to keep a hand in the carmaking cookie jar. While it is debatable how much control (a lot) the White House and Congress have over the ...

U.S.-spec Chevrolet Cruze to debut at LA Auto Show 11 days ago on Autoblog

General Motors has announced plans to unveil the U.S.-spec version of the 2011 Chevrolet Cruze at next month's LA Auto Show, alongside the all-new Chevrolet Volt. The compact sedan has been available in Europe and across the Pacific for over a year, but will finally go on sale in the States in ...

Autoblog builds an LS9 for someone's Corvette ZR1 11 days ago on Autoblog

When you think of brands like Aston Martin, Ferrari and AMG, the idea of their engines being built by the hands of skilled craftsmen is no great surprise. However, most people would be very surprised to learn that General Motors has its own special facility dedicated to building its highest ...

REPORT: C/D says Lutz confirms Cadillac CTS-V Sport Wagon 12 days ago on Autoblog

Between the Buick Regal GS, front-wheel drive (and possible hybrid) Chevrolet Impala and the rumored Caprice SS, Bob Lutz has managed to release a scad officially unofficial details on General Motors' future product plans over the last two days. And now comes this. Speaking with Car and ...

Chevy Volt color contest finalists include EV-ergreen, environMINT and Viridian Joule [w/VIDEO] 12 days ago on Autoblog

As of this morning, Chevrolet is moving into the final stage of its Volt color naming contest. The company has picked three finalists from among the names submitted by 13,000 people over the last two weeks. Starting this morning, you can cast your vote for which of the finalists will win the ...

BREAKING: GM to begin repaying $6.7 billion in U.S. loans next month 13 days ago on Autoblog

digg_url = 'http://www.autoblog.com/2009/11/16/breaking-gm-to-begin-repaying-6-7-billion-in-us-loans-next-mon/'; General Motors will announce later today plans to repay the U.S. government some $6.7 billion in loans ahead of its initial due date of July 2015. The payments are expected to begin ...

STUDY: Cash for Clunkers helped Japanese way more than Detroit 3 15 days ago on Autoblog

While there is no question that Obama's Cash-for-Clunkers program accelerated vehicle sales this summer, a new report by the University of Michigan's Transportation Research Institute shows the big winners were from Japan, not Detroit. According to the study, nearly 85 percent of the ...

Koenigsegg reportedly rejects 81 out of 218 U.S. Saab dealers 15 days ago on Autoblog

According to Automotive News, Federal Express letters arrived at 81 of Saab's 218 dealers on Thursday stating that their franchises had not been selected to move forward and become a dealer for the post-sale entity, Saab Cars North America. The package from General Motors said that Swedish ...

REPORT: GM to let rejected dealers apply for new franchises 15 days ago on Autoblog

General Motors' bankruptcy lasted all of 42 days, and the General got a lot of liabilities off the book in that short window of opportunity. One of the more controversial moves was to give 1,300 dealers across the US a pink slip post-dated for October 2010, bringing the Detroit, MI-based ...

REPORT: Germany wants GM's plan for Opel - and a billion dollars - "quickly" 16 days ago on Autoblog

General Motors' bouleversement on the sale of its Opel brand has caused the European head of Opel vacate his office, the head of Opel labor to gulp "a bottle of wine" to get over the shock, the German head of state to request "GM to present a reliable plan for Opel quickly," and Germany's ...

GM Executive VP Nick Reilly named interim CEO at Opel/Vauxhall 18 days ago on Autoblog

It's been one heck of a week for Opel. After months of negotiations between Magna and its partners on the one hand and General Motors on the other, the American parent company opted to hold on to its European subsidiary. In the wake of the decision, Opel's chief executive Carl-Peter Forster ...

REPORT: GM to invest C$100M in Ingersoll plant to boost GMC Terrain, Chevy Equinox volume 19 days ago on Autoblog

It's early, but so far, General Motors' 2010 Chevrolet Equinox and GMC Terrain twins are exceeding sales expectations by enough of a margin that the automaker may have to shell out some serious coin to better-align production with demand. Reuters and the Toronto Star say GM will pay $100 million ...

BREAKING: Detroit News says GM will build Cadillac Converj 19 days ago on Autoblog

After much hemming and hawing, General Motors will reportedly build a version of the Cadillac Converj, the gorgeous but awkwardly named extended-range coupe concept first shown at last year's Detroit Auto Show. According to The Detroit News, the Converj will probably take a few years to reach ...

REPORT: Lutz to step in as interim Opel chairman 20 days ago on Autoblog

Just hours before General Motors announced that it wasn't going to sell Opel, GM Europe head Carl-Peter Forster said publicly that Opel would be better off under the control of Magna. Talk about bad timing. Now that GM is keeping Opel, Forster is out as the head of the General's European ...

REPORT: Opel President Carl-Peter Forster quits after sale collapse 22 days ago on Autoblog

German magazine Der Spiegel is reporting this morning that Opel President Carl-Peter Forster has resigned from General Motors following the board's decision to kill the sale of a majority stake to Magna International. Apparently, Forster was disgusted at the way that GM officials handled the ...

LA Auto Show Design Challenge reveals Youthmobile 2030 design entries 23 days ago on Autoblog

This year's iteration of the annual Design Challenge at the LA Auto Show asks the question: How will a new generation of drivers age 16-23, raised with cell phones, web cams and online communities, emotionally connect to the automobile in 2030? We don't know the answer either, but at least six ...

VIDEO: Chevrolet Camaro attracts all types, including 101-year-old Virgil Coffman 23 days ago on Autoblog

Close your eyes and try to envision the typical 2010 Chevrolet Camaro owner. We're guessing there weren't many of you imagined a cane-touting Centenarian, but that didn't stop Virgil Coffman from picking up a 400 horsepower Transformers Edition Camaro SS as his new joy ride. Coffman purchased his ...

Germany not happy with GM abandoning Opel sale 24 days ago on Autoblog

It was an exhausting 7-month process that finally winnowed down a pool of suitors for Opel, General Motors' European subsidiary, to Canadian parts maker Magna and Russian bank Sberbank. The deal was all set to go through, but GM pulled the plug yesterday at the 11th hour, claiming that because ...

GM recalling 53,000 Chevy Cobalt, Saturn Ion, and Pontiac G5 models over fuel leak concern 24 days ago on Autoblog

General Motors may have shed itself of much of its pre-bankruptcy problems, but the automaker still has to tend to its warranty and recall duties. As such, GM is recalling 53,000 Chevrolet Cobalt, Pontiac G5 and Saturn Ion models for a potential fuel leak problem that the National Highway Traffic ...

GM's Liquidation Motors stock reportedly still worth $370M, can't be sold short 24 days ago on Autoblog

When General Motors entered into Chapter 11 bankruptcy over the summer, its bad assets were moved into a firm called Motors Liquidation Company (MLC). That company was capitalized with more than 600 million shares that were meant to be worthless; however, quite the opposite has happened: with its ...

BREAKING: GM board opts to call off Opel sale 25 days ago on Autoblog

After months of negotiations with supplier Magna and its Russian partner Sberbank, General Motors has decided not to sell its Opel unit. The General mentioned in the post-jump press release that the new board of directors came to the decision to keep Opel due to GM's recovering financial ...

GM awarded DOE money to research Shape Memory Alloy heat engines 26 days ago on Autoblog

General Motors has been awarded $2.7 million by the Department of Energy to create a working prototype engine using Shape Memory Alloys (SMA). The idea is for the prototype to use SMA tech to capture heat energy from engine exhaust gasses via an electric generator and transfer that energy to ...

REPORT: Fritz says GM doesn't need any further aid from Washington 29 days ago on Autoblog

Fritz Henderson went to Washington to have a word the folks who wrote the $50 billion check to keep General Motors alive. While there, he answered a few questions put forth from The Washington Post about that investment and the "new" company created with it. His answers are sound, but qualified ...

VIDEO: GM offers sneak peek at mystery crate engine headed for SEMA 29 days ago on Autoblog

General Motors is getting ready for SEMA 2009, but the Detroit-based automaker has a little over a week before it can show us anything official in Las Vegas. That isn't stopping the General from teasing us, though, as this 40-second YouTube clip clearly demonstrates. One of GM's new tuner ...

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Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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