autoevolution

Stories about: General Motors

Opel Says It May Close German Factories After All
Opel Says It May Close German Factories After All

10 Mar 2009, 14:26 UTC · By: Bogdan Popa / Even though several officials clearly stated that Opel does not intend to close any of its production facilities, it may seem like the German brand may actually shut down some plants after all. Acco...

 
GM Pleased with Obama's Task Force's Visit to Michigan
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...

 
DeLorean Biopic by David Permut Coming Soon
DeLorean Biopic by David Permut Coming Soon

10 Mar 2009, 08:14 UTC · By: Madalina Iancu / John Zachary DeLorean is probably one of the most controversial personalities in the entire auto industry since Karl Benz invented the automobile. And now his life story will be turned into a biopic...

 
Finally! Somebody Interested in Buying Saturn, GM Confirms
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 ...

 
Holden VE Omega Sportwagon Achieves 5-Star Safety Rating
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...

 
Opel Sends Viability Plan to Germany, Demands 3.3 EUROS in Support
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...

 
Holden Volt Revealed in Australia
Holden Volt Revealed in Australia

27 Feb 2009, 10:32 UTC · By: Bogdan Popa / General Motors has just unveiled the Holden Volt, a rebadged version of Chevrolet Volt but exclusively addressed to the Australian market. Just as expected, the "new" Holden Volt is regard...

 
GM Reports Net Loss of $16.8bn in 2008
GM Reports Net Loss of $16.8bn in 2008

26 Feb 2009, 14:33 UTC · By: Bogdan Popa / General Motors today published the fourth quarter and calendar year 2008 financial results, unveiling a net loss, excluding special items, of $16.8 billion compared to only $279 million the year bef...

 
Navistar Confirms Interest in GM's Medium Duty Truck Unit
Navistar Confirms Interest in GM's Medium Duty Truck Unit

25 Feb 2009, 14:25 UTC · By: Bogdan Popa / Speaking at the Reuters Manufacturing Summit in Chicago, Dan Ustian, Navistar's chairman, chief executive and president, confirmed interest in GM's medium-duty truck unit but insisted the ...

 
Germany Asks Opel to Submit Viability Plan in Return for Funds
Germany Asks Opel to Submit Viability Plan in Return for Funds

23 Feb 2009, 16:30 UTC · By: Bogdan Popa / Following Opel's call for support last week, German officials came out and explained that it's practically impossible to direct funds to a struggling automaker unless it submits a survival...

 
Opel Says It Needs 2.6 Billion Euros in Govt. Funds
Opel Says It Needs 2.6 Billion Euros in Govt. Funds

20 Feb 2009, 16:43 UTC · By: Bogdan Popa / As part of a broader campaign to finance a 3.3 billion euro ($4.15 billion) liquidity gap through 2011, Opel today said it needs approximately 2.6 billion euros from the German government. The rema...

 
Saab Officially Files for Reorganization
Saab Officially Files for Reorganization

20 Feb 2009, 10:01 UTC · By: Bogdan Popa / General Motors has just announced that its Swedish brand Saab will file for reorganization under a Swedish court process in order to become an independent company suitable for investment. In essence...

 
GM Wants Saturn Independent by 2011
GM Wants Saturn Independent by 2011

20 Feb 2009, 08:24 UTC · By: Bogdan Popa / As part of the broader attempt to return to profitability in two years, General Motors started a massive cost-cutting plan, including closing, discontinuing or selling some of the brands it owns in ...

 
GM to Design Two More Volt-Based Electric Cars
GM to Design Two More Volt-Based Electric Cars

19 Feb 2009, 16:36 UTC · By: Bogdan Popa / As Chevrolet Volt is expected to be one of the more advanced electric vehicles ever designed, General Motors aims to take full advantage of this aspect and plans to design two more cars based on thi...

 
GM: No Opel Plants to Be Closed for the Time Being
GM: No Opel Plants to Be Closed for the Time Being

19 Feb 2009, 13:51 UTC · By: Bogdan Popa / American automaker General Motors does not plan to close German production facilities owned by Opel and expects to see most of its European operations returning to profitability by 2011. Juergen...

 
Sweden Disappointed with GM's Saab Plans
Sweden Disappointed with GM's Saab Plans

19 Feb 2009, 08:51 UTC · By: Bogdan Popa / Following General Motors' statement that Saab may file for bankruptcy by the end of the month, Swedish officials expressed their disappointment regarding the parent company’s plans, point...

 
General Motors Puts High-Performance Models on Hold
General Motors Puts High-Performance Models on Hold

19 Feb 2009, 08:01 UTC · By: Bogdan Popa / As part of a broader attempt to prove the company’s viability and to concentrate on operations that could bring it back to profitability in the next few years, General Motors yesterday announc...

 
GM, Chrysler Submit Survival Plans
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...

 
Sichuan Auto Not Interested in Buying Hummer
Sichuan Auto Not Interested in Buying Hummer

17 Feb 2009, 14:10 UTC · By: Bogdan Popa / Following media reports that Sichuan Auto plans to purchase GM's Hummer division, representatives of the Chinese firm denied speculations saying the company has absolutely no interest in buying...

 
Three GM Europe Plants Risk Closure
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...