Sharp increases in demand for more fuel-efficient vehicles has seen customers ditch cumbersome fullsize SUVs in droves. For years, American carmakers had a stranglehold on the market for gas-guzzling SUVs and pickups, but as sales dwindle and market share continues to erode executives are keen to develop a new range of lighter and more efficient […]
A lack of supply of key parts has caused GM to stop producing some of its best-selling models, such as the GMC Yukon, Denali, Sierra heavy-duty pickups and others.
American Axle’s ten-week strike is one of the primary causes for the short supply, and GM hopes this offer will get the strike over and production […]
General Motors, owner of Opel and Saab among others, is being tight lipped about its production for the next-gen Saab 9-3, but now German newspaper the Handelsblatt is claiming that the next 9-3 will be produced in Sweden rather than Germany as originally planned.
The General has been talking as far back as 2005 that the […]
General Motors is experiencing a number of strikes at several of its plants in North America as well as some of its supplier plants. Most of the strikes surround negations with the UAW over local contracts at individual plants, which would protect worker seniority and job security. On Tuesday, GM ended a strike at its […]
Last week, GM’s European chief Carl Peter Forster confirmed that €9 billion ($14 billion) would be invested in Opel between now and 2012 for the development of a score of new models and powertrains. In fact, Opel will be launching up to 20 new models over the next five years and according to […]
With both the Pontiac G8 GXP and Holden Commodore HSV range already being offered with GM’s new LS3 V8 engine, it was only a matter of time until their European cousin, the Vauxhall VXR8, got the new powerplant. Along with the added power and performance, the VXR8 is also available with several new […]
Previously we reported on a new technology dubbed homogeneous charge compression ignition, or HCCI, which allows petrol cars to improve fuel efficiency by as much as 15% by achieving combustion with only compression of the air-fuel mix rather than using a spark plug. The technology was pioneered almost 30 years ago but has only recently […]
GM currently has two RWD large car platforms, the premium Sigma architecture used by Cadillac for cars like the CTS, SRX and STS, and the newer Zeta design, which debuted in the new VE Holden Commodore (Pontiac G8) and will eventually appear in the upcoming Chevrolet Camaro. According to latest reports GM may […]
After a negotiation deadline passed this morning, the UAW Local 31 decided to strike at GM’s Fairfax assembly plant in Kansas and has forced production of the top-selling Chevrolet Malibu sedan (pictured) to cease. Union members are striking reluctantly, having hoped a deal would be reached that would benefit both sides.
The strike is over issues […]
As carmakers face stricter fuel-economy and emissions regulations, shifting demand to smaller and less profitable models and shrinking sales in key markets like Japan and the U.S., GM marketing chief Mark LaNeve says prices for new cars and crossovers will have to rise. This follows previous statements from GM vice chairman Bob Lutz that new […]
Bob Lutz, writing today on GM’s FastLane blog, discussed the Buick Invicta Concept (pictured) and its relation to the upcoming Buick LaCrosse production car. The GM CEO also gave a look into the future of GM’s model-sharing plans, focusing on differentiating cars that share platforms, rather than just badge-engineering them, as GM has […]
Rick Wagoner, General Motors’ CEO, has recently come out against United Nations research arguing that there is a link between biofuel production and a global rise in food prices, deriding the report as “shockingly misinformed.”
Perhaps GM’s own vested interest in the subject - not just in the form of its already hefty investment in […]
Yesterday, GM’s European chief Carl Peter Forster confirmed that €9 billion ($14 billion) would be invested in Opel between now and 2012 to help regain lost market share and of this €6.5 has been earmarked for the development of new models and powertrains. According to German media, this investment will spur the development […]
Despite losing more than $3.3 billion this quarter, GM plans to invest up to €9 billion ($14 billion) by 2012 to increase the market share of its Opel brand. Of the total investment, €6.5 will be spent alone on developing new models and powertrains as well as the expansion and modernization of Opel […]
GM today announced financial results for the first quarter of 2008, revealing a $3.3 billion loss over the period – down from a modest loss of just $42 million one year ago. Revenue for the first quarter was $42.7 billion, down slightly from $43.4 billion in the year-ago quarter. This was primarily due to lower […]