2009 Saturn Redline

Telesto Ventures forms new advisory team as bidding for Saturn intensifies

We’ve heard a lot about Roger Penske and his plans to acquire the Saturn brand from General Motors and use it to start selling vehicles sourced from carmakers overseas. Last week Penske announced that his company hired ex-Chrysler president Tom LaSorda to advise on the bidding process, and... read more

May 27, 2009 by
GM American flag

GM receives additional $4 billion in Treasury loans

General Motors received an additional $4 billion in loans from the U.S. Treasury late on Friday, while also reaching a cost-cutting agreement with the Canadian Auto Workers... read more May 23, 2009 by

Opel logo

German governor says Magna is best choice for Opel

The contents of the bids for purchase of Opel submitted by Fiat, Magna and Ripplewood Holdings on Wednesday - and BAIC on Thursday - haven't yet been disclosed, but today the... read more May 22, 2009 by


U.S. Treasury invests $7.5 billion in GMAC

As the economy and car market continue to stagnate, it's becoming increasingly obvious that the bailout funds already paid to industry players like General Motors, Chrysler... read more May 22, 2009 by

2009 Mitsubishi Galant

Report: Mitsubishi could become new Saturn supplier

With confirmation Saturn is up for sale coming from General Motors earlier this month, a number of potential investors and buyers have come out of the woodwork recently and... read more May 22, 2009 by

Toyota Camry Hybrid

Study: Toyota, Ford set to pass GM in market share, production

As General Motors peers over the brink of the abyss into a future that very likely holds a bankruptcy, the hits just keep coming. Today industry forecasters revealed that... read more May 21, 2009 by

GM Zeta RWD plaform

Holden engineering lighter and more fuel-efficient RWD Zeta platform

General Motors’ RWD Zeta platform was pioneered in Australia for the locally built Holden Commodore sedan but right from the start Detroit had global intentions for the... read more May 21, 2009 by

The 2010 Camaro in Bumblebee guise

Report: GM planning ‘Bumblebee’ Camaro to coincide with Transformers 2 movie launch

With the sequel to last year’s Transformers hit – Revenge of the Fallen - set to open across cinemas in the U.S. on June 24, Chevrolet is reportedly planning to... read more May 20, 2009 by

2009 Saab 9X Air Concept

GM ties with Saab will remain in future models

The future of Saab is starting to look much brighter, thanks in part to important concessions from General Motors to help it build and design its own range of cars in the... read more May 19, 2009 by

2009 Cadillac CTS

Cadillac tops brand satisfaction survey for the second year running

In today's competitive market building reliable cars that customers are satisfied with is the key to improving sales and maintaining market share. A number of companies... read more May 19, 2009 by

2010 Opel Astra

Report: Magna considers using Opel to build cars for other brands

Bidding for General Motors’ Opel division has intensified recently, with the German government revealing late last week that only two parties remain in the bidding war... read more May 17, 2009 by

2009 Opel Insignia

Russia’s GAZ emerges as potential bidder for Opel

Less than 24 hours after GM CEO Fritz Henderson announced that a new buyer for Opel would be picked by the end of this month, Russia’s GAZ Group has confirmed that it... read more May 12, 2009 by

GM OnStar

GM's OnStar will automatically give 911 services your location in emergency situation

General Motors' OnStar in-car information service can already automatically slow down a stolen vehicle, as well as monitor traffic situations in real time. Now, GM has... read more May 12, 2009 by

Opel Insignia Coupe GTC preview rendering

Preview: Opel Insignia 'GTC' Coupe

We’ve already seen Opel expand its Insignia lineup with the Hatchback and Sports Tourer, as well as the more recent OPC performance variant, but there’s one more... read more May 11, 2009 by

Jeep Wrangler Rubicon

Chrysler resale values down 6% in a week as uncertainty rules the day

It's simple math: carmaker plus bankruptcy equals uncertainty and lower resale values. But Chrysler owners are feeling the bite of that equation as the value of their... read more May 11, 2009 by

The Chevy Aveo is already built in Mexico

As GM rebuilds itself, it will build more cars overseas

It's an old story, one that's been told with increasing regularity since the end of World War II. Jobs are moving overseas. Today, it's General Motors that will be shifting... read more May 8, 2009 by


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