GM Will Meet with EU on Friday the 13th
10 Mar 2009, 15:57 UTC · By: Daniel Patrascu / No superstition seems to be strong enough to keep European Commission representatives to meet with the ones of General Motors and other stakeholders this Friday. With the future of some 300,000 peop...
GM Bets On Direct Fuel Injection
10 Mar 2009, 09:23 UTC · By: Daniel Patrascu / With CO2 emissions and fuel economy being the talk of the day in this time of crisis, manufacturers are driven to create viable and sometimes strange ways of cutting figures for both of the aforemen...
GM Pleased with Obama's Task Force's Visit to Michigan
10 Mar 2009, 09:08 UTC · By: Bogdan Popa / Just like we told you yesterday, Obama's Task Force formed to supervise the auto industry and bring ailing automakers on the floating line is going to test-drive Chevrolet Volt and visit GM...
Volvo and Saab Should Merge, GM CEO Says
9 Mar 2009, 18:34 UTC · By: Daniel Patrascu / Bob Lutz found it useful to speak his mind at the 2009 Geneva Auto Show and advised Volvo and Saab to merge into one company, completely separate from Ford and General Motors. The advice comes not o...
GM Says Goodbye to PBS Filmmaker Ken Burns
9 Mar 2009, 11:21 UTC · By: Madalina Iancu / After ending the partnership with Tiger Woods in December last year, it's now time for General Motors to say goodbye to PBS filmmaker Ken Burns in a desperate effort to save money. According...
GM Canada Avoids Reductions to Salaries, Offers Alternative
9 Mar 2009, 10:24 UTC · By: Madalina Iancu / Although General Motors Canada is forced to proceed to wage cuts in order to get the so-much needed $6 billion loan from the Government, the Detroit-based automaker agreed to make a series of contra...
Five Bidders for Saab
9 Mar 2009, 09:33 UTC · By: Daniel Patrascu / Saab fight for survival revolves around their ability to attract new ownership. As it seems interested parties do not cue up to by the company, Saab takes the matter into its own hands and seeks to ...
Ampera Confirmed for the UK Market
9 Mar 2009, 09:26 UTC · By: Daniel Patrascu / General Motors has announced its Ampera model will be available for the UK market under the Vauxhall badge. The right-hand drive version of the model will begin production in 2012, most likely at...
Finally! Somebody Interested in Buying Saturn, GM Confirms
6 Mar 2009, 11:49 UTC · By: Bogdan Popa / After several months of uncertainty when nobody, and count here GM too, knew what's gonna happen with Saturn, sources close to negotiations finally confirmed that a "few" parties are ...
German Interior Minister: Insolvency Could Be Opel's Only Hope
6 Mar 2009, 10:50 UTC · By: Bogdan Popa / German Interior Minister Wolfgang Schaeuble said in a interview for the Handelsblatt business daily that insolvency may prove to be Opel's only chance to remain in business and, even if most pe...
White House Strives to Revamp Auto Sector
6 Mar 2009, 09:23 UTC · By: Bogdan Popa / With General Motors warning that it's possible to file for bankruptcy even with financial support sourced from the US government, White House officials today said Obama's administration is...
GM May Not Survive Outside Chapter 11
6 Mar 2009, 08:07 UTC · By: Daniel Patrascu / General Motor's auditors raised "substantial doubt" about the company's ability to continue its operations in the annual report filled with the US Securities and Exchange Commiss...
Schwarzenegger Takes a Walk at Geneva Motor Show
5 Mar 2009, 15:25 UTC · By: Madalina Iancu / In the past, Arnold Schwarzenegger was a devoted fan of GM's Hummers but now it seems the California Governor is interested in other vehicles as well. As a matter of fact, he wants to ...
German Govt. Unsatisfied with Opel's Survival Plan
5 Mar 2009, 14:09 UTC · By: Bogdan Popa / Representatives of the German government said the company can't make a decision whether to direct the requested funds to Opel as the rescue proposal is "inadequate", Autonews informed...
GM Needs Money From All Over Europe
4 Mar 2009, 18:53 UTC · By: Daniel Patrascu / If you first don't succeed, try again, the saying goes. It is what GM is doing in order to raise the much needed $4.2 billion. The company is now talking to Spain, Britain and several other co...
GM Europe's Bankruptcy Would Mean 300,000 Lost Jobs
4 Mar 2009, 11:56 UTC · By: Daniel Patrascu / GM Europe's failure to save itself from a possible bankruptcy would mean the loss of 300,000 jobs on the continent, affecting the people working in manufacturing plants, suppliers and dealers, ...
Opel Nears Collapse, Needs Immediate Aid
2 Mar 2009, 17:05 UTC · By: Daniel Patrascu / General Motors' European subsidiary Opel is sinking ever deeper into the financial turmoil that shakes the automotive industry. The company has now reached the point when it says that without i...
Holden VE Omega Sportwagon Achieves 5-Star Safety Rating
2 Mar 2009, 07:56 UTC · By: Bogdan Popa / GM's Australian division Holden proudly announced today that VE Omega Sportwagon is the first locally-built wagon that achieves the maximum safety rating from the Australasian New Car Assessmen...
Cadillac SRX Comes to the 2009 Geneva Auto Show
27 Feb 2009, 17:40 UTC · By: Daniel Patrascu / GM seems to look at 2009 as the only way it can get back on the saddle. In many respects, this might very well be true. GM has been struggling for months now to keep its business afloat and one of t...
Opel Sends Viability Plan to Germany, Demands 3.3 EUROS in Support
27 Feb 2009, 16:18 UTC · By: Bogdan Popa / General Motors Europe and Opel submitted their viability plan to the German government, emphasizing the need for state support to finance a liquidity gap through the end of 2011. Curiously enough, G...