';

Henderson

  • 2009 Chevrolet Lumina SS

    Pontiac may be dead in the water but some enthusiasts - and until today, Bob Lutz among them - have been clamoring for at least one of the brand’s cars to be rebadged and sold under another GM brand - the Australian-built Pontiac G8. Designed and constructed by GM's Holden subsidiary Down Under, the G8 had been pegged for re-branding as a Chevrolet Caprice. Today, however, Bob Lutz made it clear that no such plans are in the works. GM CEO Fritz Henderson has previously answered with a resounding "no" when talking about a future for the Pontiac G8 GXP, but today's news sounds the death...

  • GM CEO Fritz Henderson
    GM CEO Fritz Henderson to personally run North American operations

    General Motors may be losing market share in North America but winning here remains crucial for the viability of the automaker, so much so that its CEO Fritz Henderson will personally run operations in the all-important market. Henderson has long said GM must make money in North America to survive...

  • Meet the new GM...not quite the same as the old GM
    There's a new carmaker in town, and its name is...General Motors

    Lighter, smaller, quicker and more responsive to customer needs - that's how the new General Motors Company is comparing itself to the now-defunct General Motors Corporation it replaces. Today's emergence from bankruptcy - just 40 days after it went in - marks the start of what the new GM hopes...

  • GM Detroit headquarters
    GM sees possibility for early exit from Chapter 11

    Much talk over the messiness of so-called 'surgical' bankruptcies has spun about the web, and before Chrysler and General Motors went into the process, there was a lot of doubt that they'd be out within the planned 60 days. But Chrysler is already working with Fiat and now GM sees itself possibly...

  • GM CEO Fritz Henderson
    Henderson confident he’ll stay on as GM CEO following bankruptcy

    General Motors' current CEO Fritz Henderson has only had the top job for a short time since former CEO Rick Wagoner was asked to step down after heading the automaker through some of its most troubled financial years. Following GM's bankruptcy proceedings, Henderson expects that he will remain as...

  • gm global battery systems lab 001
    GM opens advanced battery lab in Michigan

    Despite a bankruptcy filing that's barely a week old, General Motors is fighting to preserve its image as a relevant and potent member of the automotive industry. To that end, GM today announced the opening of its Global Battery Systems Lab in Warren, Michigan. The new lab is where GM will do the...

  • 2009 Opel Insignia

    The future of General Motors’ European division Opel will soon be a lot clearer as a buyer for the brand is expected to be announced within the next week. Up until now, one of the leading bidders for the brand was Fiat but today it has been revealed that the Italian auto giant has walked away from negotiations due to the “extravagant risks” such a deal would pose to it. At the same time, rival bidder Magna International has also voiced reservations about the bidding process. Fiat skipped talks in Germany today where it was meant to meet with GM and the local government. The...

  • Bob Lutz
    Bob Lutz: GM won't abandon sports cars, pickups and SUVs

    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...

  • The Pontiac Solstice Coupe - one of GM's best-looking cars of recent years
    GM says Camaro is 'core model', Solstice, Sky may live on

    Though bankruptcy is looking more and more like the way General Motors will go, the company is fighting to preserve its most adored models - one way or another. In the case of the Camaro, the car will live on within GM as a 'core model' says CEO Fritz Henderson. The Pontiac Solstice and Saturn Sky...

  • GM Detroit headquarters
    GM posts $6 billion first quarter loss

    GM is now less than a month away from its June 1 restructuring deadline imposed by President Obama’s auto industry task force, but any signs that it’s on the path to becoming viable may be a little hard to find considering the carmaker has just announced a $6 billion loss for the first...

  • Corvette ZR-1
    GM CEO Henderson says Corvette is safe despite restructuring

    When General Motors disbanded its High Performance Vehicles unit in February, a ripple of fear shot through the automotive press over the future of the Corvette. GM was quick to quell the concerns, however, and today GM's CEO Fritz Henderson has again spoken directly on Corvette's secure future...

  • Sergio Marchionne, CEO of Fiat
    Fiat wants to form new company to combine Chrysler and GM Europe

    Fiat has confirmed that it wants to acquire General Motors' European operations and to do so the Italian auto giant may form a new company to combine its Fiat car brands (Fiat, Lancia, Alfa Romeo) along with Chrysler and any acquired GM entities. The information was revealed in a statement issued...

  • VE Holden Commodore police car

    General Motors CEO Fritz Henderson has confirmed that the Holden-sourced G8 will die out along with its adopted Pontiac brand at the end of 2010, but the sporty sedan may live on in the U.S. at the hands of local police squads around the country. The G8 is essentially a rebadged Holden Commodore sedan and was recently spotted outside the Aussie division’s headquarters in Port Melbourne, Victoria, draped in full Los Angeles Police Department (LAPD) livery. This suggests that Holden is working on a separate U.S. export program for the G8 as a police squad car. GoAuto is reporting that up...

  • 2007 Cadillac BLS
    Cadillac to replace BLS with global model based on Epsilon II platform

    Cadillac knows its future lies in small cars, especially if it wants to be considered a global player, but GM’s financial woes means the company has had to pare back some of its more ambitious plans. In the latest viability plan, GM CEO Fritz Henderson revealed that Cadillac would have to...

  • GM American flag
    Obama's task force orders GM to convert all of its debt to equity

    The U.S. government may soon become a substantial shareholder in General Motors if a new plan to convert all of GM's debt to equity goes forward. On Friday, President Obama's task force on the industry ordered GM to prepare a plan to convert all of its debt - about $48 billion in total - to equity...

  • GM Detroit headquarters
    GM preparing for bankruptcy

    General Motors is reportedly preparing for the worst, with work under way to get the company ready for a possible bankruptcy. Earlier on this month, it was mentioned that a bankruptcy plan to split GM and retain only the most profitable aspects of its operations while ditching the dead weight was...

  • 2009 Opel Insignia
    GM will maintain global product strategy even if it loses control of engineering centers

    Becoming efficient is GM's key goal right now, both in bringing back its own financial security and at the same time convincing the auto industry task force to provide crucial loans. To achieve this goal, GM will be trying to preserve its global product strategy that helps it reduce costs for model...

  • GM's Fritz Henderson isn't afraid to talk about bankruptcy
    GM bankrupcty could split healthier brands off into separate company

    Hidden away in General Motors' plans for the next 60 days is a bankruptcy strategy that could see its most successful brands peel off to form a second company, leaving the other brands to languish in bankruptcy for a more extended period. The news comes from an anonymous source within GM via...

  • Fritz Henderson speaks during his first press conference as CEO

    After the ouster of Rick Wagoner from General Motors' top spot on Sunday, the world has been waiting to see what direction GM will head under its new leadership, Fritz Henderson, the company's COO. Today Henderson held his first press conference as CEO, and took a very clear stance on what will be done at GM over the next 60 days and beyond. Henderson laid out a clear four-part approach to putting GM back on its feet, starting with a need for a clear business plan that improves profitability and cash flow - though what that looks like will have to wait until GM releases its new plan in the...

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