General Motors

Teetering on the brink of the precipice is a fairly accurate description of General Motors' future, according to Deutsche Bank, which revised its valuation target of GM shares to $0 today. Even if GM avoids bankruptcy, says the bank, its future will be essentially indistinguishable from a...

Trading of General Motors stocks halted at 11:04am EST this morning in anticipation of a major announcement concerning the company's financial situation. The substance of that announcement revealed that high fuel prices, slumping sales and a tough finance market have led to a net loss of $2.5...

The face of General Motors' widely-lauded Performance Division would be a different sight if it weren't for John Heinricy. An executive and development driver, Heinricy started his career with GM nearly 40 years ago, and along the way he's had a hand in developing the Citation X11, the original CTS...

The ongoing merger-acquisition talks between Chrysler and General Motors are expected to bear fruit in the form of an announcement this Friday revealing some of the details being discussed. The timing of the announcement coincides with GM's release of its third-quarter earnings report, which is...

A mid-year refresh brings a smaller, more efficient 2.4L four-cylinder engine to Pontiac's G6 Coupe despite tumbling gas prices. Car sales have tumbled even further, however, and fuel prices are likely to rise, so the decision is surprising only in its lateness - the G6 Coupe had previously only...

Chevrolet has revealed several images for a Camaro concept vehicle that will be on display at the upcoming SEMA Auto Show in Las Vegas. The concept is the Camaro ‘Black’, and as its name suggests the new muscle car features an all-black exterior plus some unique additions to give it a...

General Motors will be showing its upcoming 2010 Pontiac G8 ST at the 2008 SEMA show in Las Vegas, however, unlike the concept version shown at the New York Auto Show this latest model will be much closer to the final production version due next year. As such, the SEMA show car is expected to...

Not much has been heard about Pontiac’s new Solstice Coupe since it was unveiled back in March at the New York Auto Show, but the car is set to make headlines again, this time at the upcoming SEMA Auto Show. A new concept version of the Coupe fitted with an assortment of accessories from GM...

General Motors has released the first details about its SEMA offerings for this year’s show, with the Pontiac brand once again getting most of the limelight. One of the stars is based on the new G8 GXP, which for SEMA has been fitted with a new LSX454 crate engine from GM Performance Parts...

The United States Treasury Department has put an end to any hope that additional federal money will be lent to either General Motors or Chrysler to help aid a merger. The Bush administration's decision not to fund the merger at this time effectively puts the question on hold until after the...

The Saturn Vue Greenline hybrid vehicle quickly fell off the radar following its launch back in November 2006, however the eco-friendly crossover is set to make headlines again, this time at the SEMA Auto Show in Las Vegas. General Motors will present a modified version of the Saturn Vue Greenline...

One of the more worrying scenarios resulting from a possible merger between General Motors and Chrysler is that the Auburn Hills carmaker could be absorbed entirely by GM, meaning most of its models, plants, dealers, and employees would be dropped. Chrysler, along with Dodge and Jeep, would then...

The negotiations between General Motors and Chrysler are reportedly going well, with some major hurdles being overcome this week. However, discussions on how GM plans to finance Chrysler's estimated $10 billion of debt are proving to be a major snag in the process, with cash-strapped GM struggling...

General Motors may be delaying the introduction of the recently revealed Chevrolet Cruze compact sedan in North America, possibly by more than two years, but the car has already been launched in South Korea. Sold under the Daewoo brand as a Lacetti, the Cruze represents GM's next-generation global...

General Motors will reportedly postpone spending on product development in all of 2009 and 2010 in an effort to cut costs. The spending cuts will affect engineering, research and design, and is expected to lead to delays in the introduction of crucial models such as the Chevrolet Cruze compact...

The muscle-car revival that had seemed so wrong-headed just a few months ago may have gotten at least a temporary reprieve with the fuel price drop of the past several weeks, but the orders for the Camaro reflect an apparent disregard for the issue altogether, with 84% of the 6,000 cars ordered so...

General Motors’ Corvette brand will lose its chief at the start of next month when Tom Wallace retires amid rumors of an indefinite hold on development of the C7 Corvette. His successor, Gene Stefanyshyn, is currently the vehicle line executive of rear-wheel-drive vehicles at GM, and will add...

Chevrolet has revealed the all-new GPiX crossover coupe concept at the 25th edition of the Sao Paulo International Auto Show in Brazil today, which the carmaker claims is a preview of a future production model designed specifically for the South American market. The concept vehicle was developed by...

General Motors will temporarily suspend matching payments into its employees’ 401(k) accounts as it struggles to raise liquid cash. The suspension of matching contributions will come into effect on November 1 this year, and will affect GM's entire North American workforce. Additionally, GM is...

One of the most highly modified Pontiacs at next month’s SEMA Auto Show won’t be an official General Motors offering but the car should serve as a major endorsement for the ailing carmaker and could even boost interest in the tuning scene for one of its top models. The car is a fully...