GM

For many auto enthusiasts, the golden age of automotive styling was during 1960s, when designers had virtual free reign on their designs and didn't have to worry about aerodynamics, pedestrian crumple zones and other such ‘nuisances’. At the same time, the ‘60s could hardly be...

General Motors' vice-chairman Bob Lutz has revealed what the future holds for the struggling carmaker, reassuring the press that despite an impending bankruptcy the firm will emerge as a "powerhouse" in the auto industry and that it will still produce the types of vehicles that are largely blamed...

As General Motors prepares for a bankruptcy announcement on June 1, the U.S. Treasury is helping to pave the way by releasing a new deal that leaves GM's bondholders with 25% of the restructured company, and the government as a 72.5% 'inactive' stakeholder. Winning the support of the bondholders...

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...

Cadillac’s North American model lineup is about to expand with the addition of two exciting new models: the 2010 model year SRX crossover and CTS Sport Wagon. The first model to go on sale will be the SRX, which Cadillac has confirmed today will be priced from $34,155 when it arrives in...

Following a lrecent report that GM’s plans for a high-performance Camaro Z28 had been canceled and the Camaro Convertible was on hold, comes a little good news but also some bad. The good news is that the Convertible is back on track for a March 2011 launch, while the bad news – you...

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 union ahead of a rumored Chapter 11 bankruptcy filing expected next week. This is in addition to the $19.4 billion already...

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 governor of the German state where Opel is headquartered said he thinks Magna's plan is the best for Opel. Though Hesse...

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, and their financing arm GMAC, were just the tip of the iceberg. Today the Obama administration proved that point by handing...

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 confirmed interest in the struggling brand. Two main groups include investment firm Telesto Ventures and Roger Penske’s...

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 design. Today, Zeta running gear can be found in models sold in China, South Korea, the UK, and in North America, but GM has...

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 start production of a new special edition Camaro based on the ‘Bumblebee’ version that very same day. Expected to...

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 future, as well as a likely extension from Swedish courts for its restructuring deadline. For a while it looked as though Saab...

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 conduct vehicle satisfaction surveys to offer consumers a comparison between brands and specific models, and one of the most...

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 – Fiat and Magna International (together with Russia’s GAZ Group). While it’s been speculated that Fiat is...

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 upgraded the functionality of OnStar to electronically transmit a vehicle’s precise longitude and latitude co-ordinates...

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 model in the works that’s destined to be the most exciting and extreme. The model in question is a new coupe variant...

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 vehicles dropped 6% on average in a single week. In the week after Chrysler filed for Chapter 11 bankruptcy protection, owners of...

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 more of its production elsewhere as part of its restructuring plan. Lower wages, lower production costs, cheaper plant...

General Motors is trimming its model lineup to get rid of its underperforming sport models across all its brands. Just yesterday, it was revealed that Chevrolet will no longer offer the Impala SS variant for 2010, nor will it offer the 2010 Cobalt SS sedan. Following in the footsteps of these two...