General Motors
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We’ve seen a number of prototypes for the upcoming OPC Opel Insignia sedan and Sports Tourer wagon in the past 12 months but this is the first time that we have seen the car in its almost production ready state. OPC, which stands for ‘Opel Performance Center,’ is the name given to models developed by GM’s official in-house tuner in Europe, and in the past has been used for cars like the Astra and compact Corsa hatchbacks. OPC cars typically feature minor engine and handling mods as well as styling and performance upgrades such as bigger wheels and sporty bodykits. In...
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GM CEO Rick Wagoner resigns, Fritz Henderson takes the reignsGeneral Motors has confirmed that CEO Rick Wagoner will resign at the behest of President Barack Obama and his auto industry task force. Wagoner is stepping down from the top spot, effective immediately, and will be replaced by the company’s current COO Fritz Henderson. Wagoner confirmed that...
Viknesh Vijayenthiran -
Obama, task force want to offer more help to U.S. industryNo one really knows what to make of the auto market right now, least of all the industry itself. Fiat is forecasting blue skies, GM is on the brink of failing to meet a restructuring deadline, and Ford is still chartering private jets - but President Obama and the task force on the industry are...
Ralph Hanson -
Cadillac to pull out of half of European markets, cancels dieselSay what you will about General Motors' past decade or two of planning, their products have come a long, long way in the past several years. That makes the events of the past several months all the more unfortunate - just when things looked ready to turn around, the market collapses. Now the...
Nelson Ireson -
GM and Saab agree to five-year parts sharing dealWhen the news of Saab being splintered from General Motors' holdings, many lamented the demise of the Swedish carmaker, assuming it would be unable to stand alone. But a new parts sharing agreement between Saab and General Motors offers some hope that the brand born from jets might yet live to fly...
Alex Kaufmann -
Opel waters down Astra OPC Nurburgring 24 endurance race car for the streetThe Astra hatch is approaching the end of its product cycle, but in the lead up to the arrival of an all-new model later this year Opel has seen fit to release one more special edition based on the sporty Coupe. Using last year’s 300hp (225kW) Nurburgring 24 Astra endurance race car as its...
Alex Kaufmann -
Carmakers and legislators have been duking it out for decades. As one side fights to find new ways to lighten cars up, improve handling and efficiency, the other heaps on more and more safety regulations and mandatory equipment until things eventually cancel out. But an undercurrent to the progression toward more rigid, safer, and feature-packed vehicles over the last 40 years has been the increasing use of aluminum. Surprisingly, despite the American public's taste for large vehicles, North America leads the world in vehicular aluminum use, about 0.8% ahead of the world average of 7.8%. By...
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Pontiac G8 sees record sales amid harrowed industryIncentives, incentives, incentives. That's the name of the game at all of the major carmakers these days, and in many cases, it's paying off. Take the Pontiac G8 for example: despite a market that's off over 40%, the G8 sedan saw its best sales ever last month - over double the number sold in...
Ralph Hanson -
U.S. production of Orlando MPV on hold says union officialWhile the likes of Audi and Daimler are surging forward with their product development, cash-strapped companies such as General Motors are having to abandon certain market segments and cut back on new model launches just to stay in business. The latest product cuts reportedly taking place at GM...
Ralph Hanson -
Bankruptcy rumors hurt residual values for GM and ChryslerGeneral Motors and Chrysler just can’t seem to get a break. Not only are they dealing with one of the worst market slumps to hit the auto industry in decades, fears of bankruptcy are turning away potential customers in droves and now those same fears are also sending residual values of their...
James Martinez -
Chrysler: We’re a safer bet than GMIf asked whether General Motors or Chrysler were in a better financial position, many of us would conclude that GM looks better. However, Chrysler's chief financial officer Ron Kolka has come out boasting that Chrysler, "on a pure-business basis," is more viable. The reasoning behind the claims is...
Ralph Hanson -
GM already working on second and third-gen plug-in hybrid technologyGM has already sunk $750 million into the development of the upcoming Chevrolet Volt plug-in hybrid and resigned itself to the fact that the car won't be profitable for several years, but that hasn't stopped the company from starting development on the second and third generations of the car's...
James Martinez -
In a surprise turnaround, General Motors CEO Rick Wagoner has suggested that an increase on federal fuel taxes in the U.S. was an idea "worthy of consideration". Wagoner said that guaranteeing a minimum price of $4 a gallon on petrol, an idea proposed by AutoNation car dealership boss Michael Jackson, was a good way to help conserve energy and that it was “great” to see people finally discussing the option. The auto industry, especially the Detroit 3, has vehemently opposed any hikes on federal fuel prices in the past, but with companies like GM finally focusing on building a new...
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Roll your own 2010 CamaroGeneral Motors has its hands full building out the first 14,000 pre-ordered Camaros for the next several months, but if just have to have that new muscle car and you aren't one of the lucky horde, don't despair. Chevrolet has a site just for you. The online build process is simple - pick one of the...
Ralph Hanson -
Wagoner admits pre-planned bankruptcy "could work"Both General Motors and Chrysler are fearful a bankruptcy would kill whatever consumer confidence the ailing Detroit carmakers may have left but in the latest twist of the saddening U.S. auto industry saga the CEO of GM has revealed that a pre-planned bankruptcy "could work". Rick Wagoner insists...
Ralph Hanson -
GM recalls more than 270,000 vehicles due to faulty shifterWith all the financial strife General Motors finds itself in, the last thing it needs are product recalls bringing into doubt the quality of its vehicles. Unfortunately for GM, a product recall is just what the company was forced to issue, and with more than 270,000 vehicles across the country...
James Martinez -
Chevy launches new Camaro site, releases full details as production startsThe 2010 Chevrolet Camaro starts production today, and the company is celebrating the kick off of production of the 14,000 cars already pre-ordered. Rated at a stellar-for-its-niche 29mpg highway by the EPA, the all-new Camaro is now the most fuel efficient muscle car soon to hit the market. In...
Nelson Ireson -
Ford, Chrysler say GM should get more out of CAWFord is projecting the strongest image of the Detroit 3 at the moment due to its refusal to seek government loans, but it says the deal General Motors and the CAW reached won't be good enough to keep Ford competitive in Canada. GM, on the other hand, seems pleased with its deal, and has announced...
Ralph Hanson -
In what is set to become a terrible domino effect, lagging demand for new cars and an uncertain future at Hummer, Saturn and Saab dealerships is leading to an inventory pile up. That, in turn, means dealers are ordering no new cars, driving General Motors' production schedule even further out of alignment. Output in the first quarter was down 57% across GM's U.S. operations, or about 500,000 vehicles short of Q1 2008's output. That is a major decrease in new cars being produced, but it's still outpacing dealers' ability to move the cars off the lots, reports The Detroit News. "If they tell us...
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GM considered Opel’s Insignia for CadillacEarlier this week a report emerged naming Buick the new gateway for Opel’s European models into the U.S. now that the future of Saturn is looking grim. The star in Opel’s crown, the 2009 Insignia sedan, is already on sale in Chinese markets as the Buick Regal but an insider at General...
Viknesh Vijayenthiran -
Merkel reluctant to help Opel, but dealers rallying to buy stakeGeneral Motors, like a lot of other carmakers, is having a tough time lately - some might say tougher than most. Opel, GM's German subsidiary, and Vauxhall, Opel's UK-based doppelganger, are taking it on the chin as well. Today German Chancellor Angela Merkel announced the government would be...
Alex Kaufmann -
Chevy reveals factory Camaro accessoriesFrom audio systems and ambient lighting to body kits and gauge packages, the new 2010 Chevrolet Camaro already has a huge range of accessories available. General Motors let loose the original equipment extravaganza on its website today, trying to build up excitement for the launch of the all-new...
Nelson Ireson -
Opel models headed to U.S. as BuicksOpel and Saturn have always had a close affinity, with a number of popular models like the Vectra and Astra sold under both labels with barely any changes except for the badge located on the grille. However, with the future of Saturn looking grim, Buick is set to become the gateway for...
James Martinez -
Chevrolet Volt driving day planned for Obama’s auto industry task forceThey did it in the nation’s capital at the first round of viability meetings and tomorrow in Detroit government officials will once again be able to drive a prototype for the upcoming Chevrolet Volt plug-in hybrid. This time around the officials will include the Obama administration’s...
James Martinez