General Motors
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PSA Peugeot Citroën, led by the Peugeot family, may see control ceded to General Motors, according to the latest reports. The struggling French automaker has been crippled by shrinking sales in its home market of Europe, a problem compounded by its lack of exports. Citing inside sources, Reuters reports that the Peugeot family has offered to give control of PSA to General Motors Company [NYSE:GM] in return for fresh capital needed to maintain operations through to the end of the year. The same sources said that PSA’s Chinese partner Dongfeng was also a possibility. Spokespeople for...
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Major Shakeup At GM Design, Single Designer To Lead Buick And Opel
General Motors has announced several key changes affecting its design operations, most of which are aimed at improving cohesion across the automaker’s global design studios and strengthening the attributes of its individual brand identities. Crucially, the automaker states that the changes...
Viknesh Vijayenthiran -
Spyker Will Appeal Dismissal Of $3 Billion Lawsuit Against GM
Spyker will appeal last week’s court decision to dismiss the Dutch sports car manufacturer's $3 billion lawsuit originally filed against General Motors almost a year ago. In August of 2012, Spyker filed the $3 billion lawsuit against General Motors Company [NYSE:GM] in a U.S. District Court...
Viknesh Vijayenthiran -
Judge Sides With GM In Dismissal Of Spyker’s $3 Billion Lawsuit
In August of 2012, Spyker filed a $3 billion lawsuit against General Motors in a U.S. District Court in Michigan, alleging that the American auto giant deliberately forced Spyker-owned Saab into bankruptcy by blocking a planned asset purchase by Chinese investor Youngman Lotus. General Motors...
Viknesh Vijayenthiran -
Detroit 3 Will Be Absent From Tokyo Motor Show, Again
The Detroit 3 automakers, made up of General Motors, Ford and Chrysler, will be absent from the 2013 Tokyo Motor Show, making this the third time in a row that the American brands have skipped the event. The first was in 2009, during the height of the financial crisis and ensuing bankruptcy of two...
Viknesh Vijayenthiran -
Ford And GM To Jointly Develop Nine- And Ten-Speed Automatics
Ford and General Motors will jointly develop new nine- and ten-speed automatic transmissions, marking the third time this decade that the two auto giants have collaborated on such a project. Previous developments included six- and eight-speed automatics used across dozens of vehicles from Ford...
Viknesh Vijayenthiran -
General Motors has given another sign of its commitment to turning around the sales performance at Opel by announcing today it will invest a further 4 billion euros (approximately $5.2 billion) in the struggling European automaker. The investment, which will span the next four years, is designed to strengthen Opel’s 10-year DRIVE!2022 strategy, which aims to see the automaker return to profitability by the middle of the decade. Opel has lost $18 billion since 1999, including $1.8 billion last year alone. DRIVE!2022, which has been instigated by Opel Supervisory Board Chairman Steve...
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Most GM Models To Offer High-Speed 4G LTE Broadband From 2014
It was just two years ago that we brought you details about a prototype version of General Motors’ OnStar connectivity system with full 4G LTE support, which at the time we said could potentially offer services like Skype video chat, voice-to-text, vehicle and home monitoring, and more...
Viknesh Vijayenthiran -
Toyota Regains Global Sales Crown From GM In 2012
After its sales were hampered in 2011 by an earthquake in Japan and flooding in Thailand, not to mention ongoing unintended acceleration claims, Toyota rebounded in 2012 to reclaim the title of world’s largest automaker which it had lost to General Motors the preceding year. The Japanese...
Viknesh Vijayenthiran -
Opel Gives Update On Restructuring Plans
Despite facing some of the slowest sales in decades in its home market, Opel remains committed to ending its money-losing ways, primarily by forming alliances and launching new models and technology. Today, at the start of production for its new Adam minicar, the General Motors Company [NYSE:GM]...
Viknesh Vijayenthiran -
Holden Starts Work On Body Shop For Next-Generation Cars
General Motors’ Australian subsidiary Holden has started work on a new body shop that will be used to build two future models, the first of which, the next-generation Cruze compact car, will enter production in 2015. The second model will enter production in 2018 when the upcoming VF...
Viknesh Vijayenthiran -
2013 Cadillac Escalade, Other GM SUVs Recalled For Roll-Away Issue
General Motors has issued a recall on its 2013 Cadillac Escalade, plus several other of its top-selling SUVs and pickups. The cause of the recall is due to a potential fault with the vehicles' ignition system. The recall affects 2013 Cadillac Escalade, Escalade ESV, and Escalade EXT models, as well...
Viknesh Vijayenthiran -
After emerging out of the ashes of bankrupt automaker Saab and its local distribution arm Saab Cars North America last June, Saab Automobile Parts North America (SPNA), the exclusive provider of genuine Saab parts and accessories in the U.S. and Canada, has reached an agreement with General Motors that allows it to provide warranty services for Saab models sold when the Swedish automaker was still part of GM. This means that SPNA will now provide warranty administration and related services for Saab models previously covered by a GM limited warranty. These include 2009 and prior model year...
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GM And Peugeot Revise Alliance Deal, Plan New Engines
In March of this year, General Motors and France’s PSA Peugeot Citroen Group, two companies faced with overcapacity issues in Europe, surprised the automotive world by forming a strategic alliance, with GM even buying a 7 percent stake in the struggling French automaker. In October, they...
Viknesh Vijayenthiran -
To Boost Fuel Economy, GM Turns To Tire Technology
When it comes to increasing fuel economy, the obvious steps are decreasing engine size (and, often, performance), shaving pounds, refining aerodynamics and possibly implementing hybrid technology. Significant gains, however, can also be found in other areas. Tire design can contribute up to...
Kurt Ernst -
GM And PSA Peugeot Citroen Announce New Vehicle Projects
Following their initial alliance announcement made in March of this year, the heads of General Motors and France’s PSA Peugeot Citroen have announced an update on the deal, which included the confirmation of the joint development of four new vehicle projects. The four new vehicle projects are...
Viknesh Vijayenthiran -
GM Mulls Deeper Ties With PSA Peugeot Citroen, Could Form Joint Venture: Report
In March of this year General Motors made the surprise move of forming an alliance with PSA Peugeot Citroen by purchasing seven percent of the French automaker’s stock. The original deal was structured around two main pillars: the sharing of vehicle platforms, components and modules; and...
Viknesh Vijayenthiran -
Spyker To Oppose GM’s Motion To Dismiss $3 Billion Lawsuit
In August of this year Dutch firm Spyker filed a $3 billion lawsuit against General Motors in a U.S. District Court in Michigan, alleging the American auto giant had deliberately forced Spyker-owned Saab into bankruptcy by blocking a planned stake purchase by Chinese investor Youngman. GM was given...
Viknesh Vijayenthiran -
General Motors has developed what it says is an industry-first aluminum welding technology, which allows it to use more aluminum in the construction of its cars rather than heavier conventional materials. This will lead to lighter and more fuel efficient cars from the automaker going into the future. The new welding technology uses a patented multi-ring domed electrode that does what smooth electrodes are unreliable at doing--welding aluminum to aluminum. By using this process, GM expects to eliminate nearly two pounds of rivets from aluminum body parts such as hoods, liftgates and doors. It...
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2013 Chevy Camaro Gets Frameless Rear-View Mirror In OnStar Revamp
Some models of the 2013 Chevrolet Camaro range will sport a frameless mirror with electrochromic capabilities.
Viknesh Vijayenthiran -
GM Participating In U.S. Car-To-Car Communications Trial
Coinciding with a similar program being run in Germany, the U.S. Department of Transportation is about to start a trial of technology relying on car-to-car and car-to-object communications. The hope is that cars, either through warnings made to their driver or through autonomous systems will be...
Viknesh Vijayenthiran -
Buick Rainier And Saab 9-7X Recalled
General Motors has announced a wide-ranging recall on certain SUV models from the 2006 and 2007 model years. The vehicles affected by the recall include the Chevrolet Trailblazer EXT and GMC Envoy XL from the 2006 model year, and the Chevrolet Trailblazer, GMC Envoy, Buick Rainier, Isuzu Ascender...
Viknesh Vijayenthiran -
GM CEO’s Personal 1958 Chevy Corvette To Be Auctioned For Charity
A 1958 Chevrolet Corvette finished in Regal Turquoise will be auctioned off for charity, with all proceeds going to aid Habitat for Humanity Detroit, a nonprofit organization aimed at providing housing for low-income families in the Detroit area. The car is owned by none other than GM chairman and...
Viknesh Vijayenthiran -
Spyker Suing General Motors For $3 Billion Over Saab Bankruptcy
Spyker N.V has announced the filing of a $3 billion lawsuit against General Motors, alleging that it deliberately forced Spyker-owned Saab into bankruptcy by blocking a planned purchase from Chinese investor Youngman Lotus. GM, which owned preferred stock in Saab, objected to the deal between...
Kurt Ernst