GM China Keeps Walking
2 Jun 2009, 09:05 UTC · By: Daniel Patrascu / Regardless of the events unfolding across the ocean, now bankrupt GM says its operations outside the US will not be affected. After assuring that Holden will keep going in Australia, the American ma...
Ford Hopes Obama Won't Cheat
2 Jun 2009, 09:02 UTC · By: Bogdan Popa / Ford is the only large automaker in the United States who's still surviving without government support and the company's is really proud of this, especially given the fact that both GM and...
GM Reveals List of Plants to Be Closed
2 Jun 2009, 08:37 UTC · By: Bogdan Popa / The time has finally arrived for General Motors and, together with the long-awaited bankruptcy filing, the American automaker revealed lots of already-known things. One of them is the company's...
New GM 'Reinvent' Ad Released
2 Jun 2009, 08:23 UTC · By: Alina Dumitrache / General Motors doesn’t lose time. Though it filed for bankruptcy yesterday morning, a new ad for the New GM was released to the American public. The 60-second spot, which has already been post...
Holden to Be Part of New GM, Out of Bankruptcy Threats
2 Jun 2009, 08:35 UTC · By: Bogdan Popa / Since the parent company has filed for Chapter 11 in the United States, there are numerous rumors surrounding GM's brands outside the country, with some of them pointing to bankruptcy as well. ...
GM Canada Restructuring Plan Detailed
2 Jun 2009, 07:57 UTC · By: Bogdan Popa / Even if the General Motors' destiny in the United States has already been decided, people are still wondering what would be the course of action in other large markets such as Canada. Well, the...
NASCAR Hopes to Survive GM Bankruptcy
2 Jun 2009, 07:28 UTC · By: Ovidiu Panzariu / NASCAR chairman Brian France must make one more proof of his management abilities, as the most popular racing series in North America is now depending on the economic situation of its car manufactur...
NADA Hopes GM's Bankruptcy Will Be Fast
2 Jun 2009, 07:28 UTC · By: Bogdan Popa / General Motors' bankruptcy filing has surely caused quite a stir in the United States, with the National Automobile Dealers Association (NADA) expressing its disappointment towards the company&...
New GM Details Emerge
1 Jun 2009, 14:54 UTC · By: Bogdan Popa / Bankruptcy was inevitable and everybody knows it, even The General admits it. But Chapter 11 isn't necessarily a bad thing as the future General Motors, often referred to as the "New GM&qu...
GM's Bankruptcy Could Affect Japanese Industry
1 Jun 2009, 13:27 UTC · By: Bogdan Popa / General Motors' bankruptcy is surely a major thing and, as we said earlier this day, it would become the third largest bankruptcy filing in US history and the largest in the auto sector. Since ...
Magna's New Goal: Build Opels in Canada
1 Jun 2009, 10:41 UTC · By: Bogdan Popa / Magna, the new Opel owner, has very optimistic plans when it comes to the German ailing brand and, in addition to the scheme we have already told you about, the Canadian-Austrian manufacturer also a...
Holden to Survive Despite GM's US Bankruptcy
1 Jun 2009, 10:22 UTC · By: Bogdan Popa / GM's Australian division Holden is still on the safe side, government officials were quoted as saying, despite the American manufacturer is getting ready to step under Chapter 11 in the domesti...
Magna - Opel Deal Could Crush Saab's Revival Hopes
1 Jun 2009, 09:39 UTC · By: Bogdan Popa / Although most people involved in the automotive industry - excepting Fiat of course - think the Magna - Opel alliance is a good thing, the guys over at Saab are afraid that the deal could affect the...
GM to File for Bankruptcy
1 Jun 2009, 06:29 UTC · By: Bogdan Popa / It is only a matter of time until General Motors officially confirms it will file for bankruptcy but sources are claiming the General's future has already been decided. According to a report by...
Confirmed: GM Will Build Small Car in the US
31 May 2009, 11:58 UTC · By: Bogdan Popa / One more rumor that proves to be true. General Motors has finally confirmed that it will build a small car in the United States, following the agreement it reached with the United Auto Workers (UAW)...
Main Street Bondholders Oppose GM's Offer
29 May 2009, 10:00 UTC · By: Daniel Patrascu / The last ditch effort made by GM to come to an an agreement with its bondholders over the $27.2 billion debt has hit a brick wall, at least as far as the Main Street Bondholders are concerned. The g...
Fiat Backs Down on Opel Deal
29 May 2009, 09:35 UTC · By: Daniel Patrascu / It is unclear yet whether this is just a mean for Fiat to twist the German government's arm or a real sign that Fiat will give up on Opel out of frustration at rival bidder Magna, but the Itali...
GM's Future to Revolve Around Camaro, Corvette and Volt
29 May 2009, 09:19 UTC · By: Bogdan Popa / General Motors is slowly but surely going into bankruptcy, with an official filing expected to be announced on Monday. But what's going to happen after Monday? General Motors' Bob Lutz exp...
GM Bondholders, Unite!
29 May 2009, 09:33 UTC · By: Daniel Patrascu / As bankruptcy closes in on what was once the mighty General Motors, the prospects for the small bondholders of the company look darker and darker. GM's latest offer to its largest bondholders h...
GM to Shut Down 14 Plants on Monday
29 May 2009, 08:49 UTC · By: Bogdan Popa / The bankruptcy filing General Motors is going to announce on Monday will obviously have serious consequences over the American auto sector. According to a report by the Associated Press, the US car ...