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...
Opel to Showcase EcoFLEX Models at Geneva
13 Feb 2009, 15:31 UTC · By: Bogdan Popa / The upcoming Geneva Motor Show will host an impressive number of new models, with several companies, including Mitsubishi, Fiat, Nissan and Cadillac already confirming their goodies for the show. GM...
Kia Supplier Sewon "Now Hiring" Sign Draws Thousands
13 Feb 2009, 08:29 UTC · By: Daniel Patrascu / Sewon America, the LaGrange, Georgia based major parts supplier for Kia Motors, is doing something not very often seen these days in the American automotive industry. The company is accepting applic...
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...
Nissan Gasps for Air, but Opens Plant in Russia
11 Feb 2009, 08:32 UTC · By: Daniel Patrascu / As we reported these past few weeks, especially in the last days, Nissan has got itself in a big pile of... trouble. Having a bleak $2 billion loss forecast, Nissan sees itself in the position of ha...
General Motors to Slash Workforce by 10,000 Employees
10 Feb 2009, 15:18 UTC · By: Bogdan Popa / General Motors today announced that it decided to reduce salaried employment globally by 10,000 workers to 63,000 by the end of the year as part of the company's plans to cut costs and countera...
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...
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...
GM and Chrysler May Indeed Go Bankrupt
9 Feb 2009, 16:28 UTC · By: Alex Oagana / The Big Three automotive soap opera appeared to reach a happier-than-expected finale in mid-December, when General Motors and Chrysler LLC received a $17.4 billion low-interest loan from the United ...
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...
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 ...
US Appoints Firms as Auto Restructuring Advisers
6 Feb 2009, 13:14 UTC · By: Bogdan Popa / The United States government has just made another step towards the restructuring process of the Detroit (it's actually Detroit 2 now since Ford is not anymore involved): it hired two law firms...
Chrysler Implores Dealers to Place Orders
6 Feb 2009, 10:15 UTC · By: Bogdan Popa / In a desperate move to meet the February target of 78,000 vehicles, Chrysler is extending the last day for dealers to place new cars orders to Monday, The Detroit News wrote today quoting vice chair...
GM to Give Opel, Chevrolet Europe and Saab More Autonomy
5 Feb 2009, 14:29 UTC · By: Bogdan Popa / As part of its restructuring campaign, General Motors aims to reorganize its marketing, sales and aftersales divisions belonging to the European brands it currently owns. Brent Dewar, GM Europe'...
EcoCar Debuts at Washington Auto Show
4 Feb 2009, 09:53 UTC · By: Bogdan Popa / The EcoCar: The NeXt Challenge is a special program established by the US Department of Energy (DOE) and General Motors and sponsored by the Government of Canada and other sponsors which invites uni...
GM Announces 49 Percent Sales Drop in January 2009
4 Feb 2009, 09:00 UTC · By: Bogdan Popa / With the global economic downturn far from being over, General Motors today announced its January 2009 sales, revealing a 49 percent drop compared to the same month of the previous year. No less tha...
GM Still Unsure of Cadillac Converj Bodystyle
2 Feb 2009, 16:26 UTC · By: Bogdan Popa / Ever since the American automaker displayed the Cadillac Converj concept at the 2009 North American International Auto Show, people started talking about the mass-production model, discussing whethe...
Saturn, Saab and Hummer Future Still in Doubt
2 Feb 2009, 09:42 UTC · By: Bogdan Popa / The short history so far: General Motors received a $13.4 billion in December from the Bush administration and was asked to provide a viability plan to the government by February 17. In other words,...
Weekly Roundup: 26.01.2009 – 30.01.2009
1 Feb 2009, 11:33 UTC · By: Bogdan Popa / Since the economic recession has not passed yet, the whole week was often dotted with news related to struggling automakers or cost-cutting measures applied by companies fighting against the economi...
GM to Produce New Buick in Germany
29 Jan 2009, 10:59 UTC · By: Bogdan Popa / General Motors won't produce new Saab cars in Germany but, in return, it will move the production of new Buick models at Opel's main plant in Ruesselsheim near Frankfurt. Opel will become ...