GM Pledges for "Tough Actions" to Stay in Business
13 Apr 2009, 11:03 UTC · By: Bogdan Popa / We already knew that General Motors was experiencing the toughest period in its history, with cost-cutting measures, viability plans and major departures turning into common things for those involve...
Consumers Give Up on Saturn, Dealers Close Stores
13 Apr 2009, 09:33 UTC · By: Bogdan Popa / With company officials awaiting a decision from parent company General Motors, Saturn's crisis is deepening day by day. As a direct result of the chaos surrounding Saturn, consumers have lost t...
GM CEO: We Are Days Away from Selling Hummer
13 Apr 2009, 07:23 UTC · By: Bogdan Popa / As we're sure you know, Fritz Henderson, the newly-appointed General Motors CEO, is now responsible for GM's over-discussed restructuring plan that is supposed to bring the American giant ...
Fail: General Motors Recalls 1,497,516 Models!
11 Apr 2009, 17:26 UTC · By: Bogdan Popa / Or how could things get worse in a sec... As if the economic downturn and the imminent bankruptcy weren’t enough for the so-called American car giant General Motors, the company is now recalli...
General Motors to Display 37 Models at Shanghai
10 Apr 2009, 12:15 UTC · By: Bogdan Popa / Even if the company already confirmed that it won't show up at a number of auto events this year, General Motors is planning to display a total of 37 models at the upcoming Auto Shanghai 2009 t...
GM Denies Rumors, Says Buick Will Remain a Core Brand
10 Apr 2009, 10:36 UTC · By: Bogdan Popa / A General Motor China official today denied rumors claiming that American automaker intends to sell the Buick nameplate to some local parties, explaining that this particular division is still a cor...
Obama to Detroit 3: Give Us 17,600 Hybrids
10 Apr 2009, 13:32 UTC · By: Catalin Tudor / The American president Barack Obama has announced today that his new administration's plan is to buy 17,600 fuel efficient vehicles from General Motors Corp., Ford Motor Co. and Chrysler LLC....
GM Takes on VW, Expects Double Sales in China
9 Apr 2009, 13:09 UTC · By: Bogdan Popa / Even if the current economic situation brought it close to bankruptcy, General Motors expects to double the company's car sales by 2013 and take on Volkswagen Group, its main rival in this part...
GM Upgrades Direct Injection Engines for Better Fuel Efficiency
8 Apr 2009, 07:58 UTC · By: Bogdan Popa / Improving fuel efficiency and reducing CO2 emissions as much as possible is one of the main tasks for the struggling American automaker General Motors who is currently facing a 60-day deadline to re...
VW Likely to Snatch GM's World's 2nd Largest Automaker Rank
7 Apr 2009, 14:33 UTC · By: Bogdan Popa / Under the strong pressure of the economic turmoil, General Motors might lose the world's second largest automaker spot, automotive industry analysts at market research company R.L. Polk Germany...
General Motors Cuts Hungarian Production
7 Apr 2009, 14:04 UTC · By: Bogdan Popa / Things are getting worse for American car manufacturer General Motors, even after the departure of CEO Rick Wagoner, as sales around the world show only slight signs of recovery. Furthermore, GM tod...
GM and Segway Join Forces for Two-Wheel Urban Transportation
7 Apr 2009, 07:13 UTC · By: Bogdan Popa / We already knew that General Motors is so desperate that it tries to take advantage of every single possible chance to stay in business. Nevertheless, today's news shows a different face of the...
General Motors Sales Down 45 Percent in March
2 Apr 2009, 14:03 UTC · By: Bogdan Popa / As if the economic recession and the desperate situation the company currently experiences weren't enough, General Motors is continuously recording very low sales, especially in the United Stat...
Bankruptcy Still Possible, Says GM's New CEO
1 Apr 2009, 21:05 UTC · By: Bogdan Popa / Fritz Henderson, the new General Motors CEO, says bankruptcy is still an option for the American car manufacturer especially if the company cannot meet the government 60-window for restructuring ope...
Canada Rejects GM, Chrysler Plans, Refuses to Provide Support
31 Mar 2009, 08:03 UTC · By: Bogdan Popa / What could possible be worse than this? General Motors and Chrysler are already on thin ice, with bankruptcy knocking on their doors ever since the fourth quarter of 2008, so they are desperately lo...
Rick Wagoner "Steps Aside" as CEO of GM
30 Mar 2009, 06:17 UTC · By: Bogdan Popa / Shocking news just ahead of the March 31 deadline when the United States government must decide whether to provide more funding to General Motors: Rick Wagoner, chairman and CEO, leaves the company ...
Nearly 7,500 Employees Agree to Voluntarily Leave General Motors
27 Mar 2009, 08:05 UTC · By: Bogdan Popa / Following this week's announcement that General Motors will debut a job cutting schedule to reduce workforce and get back on track, nearly 7,500 employees agreed to voluntarily leave the compan...
GM's Lutz to Perform in A.R. Gurney's "Ancestral Voices"
26 Mar 2009, 11:56 UTC · By: Bogdan Popa / Repairing the company's image and proving Americans that you're indeed working for them just like you said in the past is extremely important nowadays, especially for economic recession-hi...
Germany Still Not Planning to Take a Stake in Opel
23 Mar 2009, 12:13 UTC · By: Bogdan Popa / Even if Opel every once in a while warns that the brand may bite the dust unless it gets financial support, Germany is still not willing to buy a stake into the company, Chancellor Angela Merkel sai...
GM's Rick Wagoner Wants Higher Fuel Prices
19 Mar 2009, 11:53 UTC · By: Alex Oagana / In a flip-flop twist worthy of a Wile E. Coyote and Road Runner ending, Rick Wagoner is suddenly in favor of a major increase in gasoline prices. The General Motors big kahuna said that increasing t...