GM's Plan for Europe
18 Feb 2009, 09:26 UTC · By: Daniel Patrascu / GM's need for money does not restrict itself to the US market. The company's European division is waiting to find out the overseas events that will affect its operations. GM‘s Europ...
GM, Chrysler Submit Survival Plans
18 Feb 2009, 08:05 UTC · By: Daniel Patrascu / As we reported throughout the past few weeks, both GM and Chrysler were due yesterday to submit their survival plans as they are looking for additional financial aid to get through the economic cris...
GM Will Get $4 Billion Aid...
17 Feb 2009, 15:05 UTC · By: Daniel Patrascu / ...or at least this is what a White House aide said today, as reported by Reuters. The news, or should we say pat on the back, comes only hours away from the deadline set for the company to present ...
GM Europe to Cut Costs, Fire Thousands
17 Feb 2009, 08:08 UTC · By: Bogdan Popa / Following yesterday's announcement that the American automaker may close the doors of about 3 production facilities in the near future, General Motors today said the restructuring plan might co...
Three GM Europe Plants Risk Closure
16 Feb 2009, 11:32 UTC · By: Daniel Patrascu / The rush for cash the American company is involved in could result in the closing of three or more plants in Europe. The measure could be taken as part of the company's goal to reach 1.6 billio...
GM Executives Meet Merkel to Discuss about Opel
13 Feb 2009, 14:24 UTC · By: Madalina Iancu / Opel's future is still in doubt as GM has not yet decided what to do with the brand. Today's meeting, however, might make some light in the whole insecure situation. According to Autone...
GM's Daewoo Calls for Financial Aid
12 Feb 2009, 15:31 UTC · By: Bogdan Popa / With the recession still making victims among global automakers, more and more companies decide to ask for support from their local governments, explaining that financial aid is absolutely mandatory...
China Beats US at Car Sales
11 Feb 2009, 13:59 UTC · By: Madalina Iancu / Although many doubted the potential of the world's biggest continent to beat US when it comes to car sales, it seems that the impossible turned into possible and China vehicle sales managed to ...
Lutz: "You're Not Rid of Me Yet"
10 Feb 2009, 11:05 UTC · By: Daniel Patrascu / As we reported yesterday, GM's Vice Chairman-Global Products Development will step down in April and take a more passive role in the company until his retirement at the end of 2009. Bob Lutz de...
2010 Chevrolet Spark to Debut at Geneva
10 Feb 2009, 09:58 UTC · By: Bogdan Popa / After the American automaker unveiled the Chevrolet Beat Concept at the 2009 North American International Show, General Motors is now preparing to launch the production version of the 2010 Chevrolet...
GM to Decide Saturn Future by the End of the Week
10 Feb 2009, 09:08 UTC · By: Bogdan Popa / With only a few days left until the February 17 deadline, when both General Motors and Chrysler must submit their viability plans to the United States government, GM is still unsure whether to conti...
Bob Lutz Awaits Retirement, Tom Stephens Takes His Place
9 Feb 2009, 17:18 UTC · By: Daniel Patrascu / GM Chairman and CEO Rick Wagoner today announced that Robert A. Lutz, GM Vice Chairman – Global Product Development, will transition to a new role effective April 1, 2009 as Vice Chairman and ...
Chevrolet Cruze Causes a Riot at Abu Dhabi
9 Feb 2009, 14:29 UTC · By: Bogdan Popa / While we don't know how many people actually liked and praised the new Chevrolet Cruze, General Motors says the upgraded model caused quite a stir at the 2008 Abu Dhabi International Motor show...
Bumblebee 2 to Be on Display at Chicago
9 Feb 2009, 10:20 UTC · By: Bogdan Popa / Transformers was indeed a good action movie and we're not saying that just because Megan Fox and Shia LaBoeuf played in it. As we're sure you remember, the movie brought us a “reinca...
GM, Ford and Chrysler Cut 250,000 Jobs in 9 Years
9 Feb 2009, 10:16 UTC · By: Daniel Patrascu / The Big Three are not so big anymore. Desperate to survive the crisis, they've cut jobs, sold assets, got loans and still no result. But nowhere is the crisis more obvious than in their human r...
GM Said to Plan to Further Cuts
7 Feb 2009, 14:31 UTC · By: Daniel Patrascu / The March 31st deadline has apparently pushed GM into a money saving frenzy. In their attempts to raise more money and create a more feasible plan for survival, it would appear that the company is p...
Ford and GM Execs' Salaries Defy Crisis
6 Feb 2009, 16:14 UTC · By: Daniel Patrascu / If you have you ever wondered how much does an auto executive earn each year, you are about to find out. If not, you should still take a look, because this is no ordinary year. It is the year of an ...
Anteros 2009 Coupe and Roadster Too Expensive Not to Have One
5 Feb 2009, 16:16 UTC · By: Daniel Patrascu / n2a Motors, the California based custom builder said today it is ready to receive orders for the Corvette based sportscar named Anteros. The models are priced in the $150k+ range, so take a close lo...
GM Loses its No. 2 PR Executive
5 Feb 2009, 11:08 UTC · By: Madalina Iancu / In order to better cope with the financial downturn, it seems that General Motors needs some fresh blood at least in the public relations area. It's not that we are commenting upon the (non)...
Movies to Be Made on the Ruins of GM
5 Feb 2009, 10:33 UTC · By: Madalina Iancu / Apparently, Michigan Gov. Jennifer Granholm is making a lot of headlines these days. This time, we are not referring to her incentive plan encouraging automakers to make lithium-ion car batteries in...