General Motors has signed an agreement to sell off its Swedish Saab unit to the Koenigsegg Group. Led by supercar maker Koenigsegg, the group includes several additional investors. The deal will see the Koenigsegg Group take a 100 percent stake in Saab. In a statement Koenigsegg Group CEO Christian von Koenigsegg said that the group...
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Earlier this week GM laid out it’s two-year-plan at a product and technology event, with the focus being on new Buick and Cadillac models and, of course, the 230 mpg claim for the Chevrolet Volt. But there was another tid-bit of info in that two-year-plan on another highly-anticipated Chevy… the C7 Corvette. Initially the next...
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During GM’s product technology even held yesterday CEO Fritz Henderson confirmed that the automaker’s top-tier Cadillac brand will bring a new flagship sedan, as well as an entry-level sedan to market shortly. The new high-end model will replace the DTS and is reportedly to be called the XTS. This full-sized luxury sedan will be based...
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Chevrolet’s upcoming Volt plug-in hybrid will get 230 miles per gallon according to General Motors. The astonishingly high number comes as the result of new EPA methods for testing fuel mileage for PHEVs. GM made the announcement today as a part of a product and technology event held at the company’s Design Center and Milford Proving...
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If you’re a car junkie, Twitter is the place to be today. Ahead of a webcast tomorrow morning by GM CEO Fritz Henderson, the General arranged for a select few media to meet with its PR folks and get a preview of what the New GM has to offer. Many of those folks have been...
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The much-anticipated Cadillac CTS Coupe will arrive in May of next year as a 2011 model. The sporty two-door won’t be alone either, as the new model will debut alongside a high-powered CST-V sibling. According to a report on TheCarConnection, the two door version of the entry-level Cadillac CTS will share the same powertrains as...
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Buick has just released a teaser image of a new entry-level luxury crossover that will slot in underneath the Enclave. Normally word of a new model is news enough, but GM has decided to increase our expectations of its new model by announcing that it will be offered with a version of the Volt’s Voltec...
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GM’s new communications boss has confirmed that the automaker is looking at equipping the upcoming Orlando MPV with a plug-in hybrid system similar to the one used in the Chevy Volt. Jon Lauckner, VP of global program management at GM hinted at this earlier this year and now Lutz is being more specific telling GM-Volt.com...
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To celebrate its 15th anniversary the National Corvette Museum (NCM) is holding a raffle for a new 2010 Corvette Grand Sport. Tickets aren’t cheap at $150 a pop, but with just 2,009 tickets being sold the odds of winning are pretty good. The NCM Corvette Grand Sport Coupe was custom designed by the folks at...
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Earlier this week General Motors officially turned off the lights and locked the doors at its Boxwood Road assembly plant for the last time, marking the end of the line for the Pontiac Solstice and Saturn Sky. The two vehicles (along with the Opel GT) were manufactured at the plant in Wilmington, Delaware, which is...
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Autobots: roll out, and now you can too with the 2010 Chevrolet Camaro Transformers Special Edition. The Bumblebee inspired creation was officially introduced yesterday at a fitting venue, Comic-Con in San Diego. “When the first Transformers movie was setting box office records, we had countless customers asking to purchase the ‘Bumblebee’ Camaro,” said Karen Rafferty,...
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[vs-jwplayer movieid=”JiJznSarqYo” width=”425″ height=”344″ autoplay=”0″] To help promote the upcoming Chevrolet Volt and provide owners and potential owners with a place to discuss the ground-breaking car, General Motors has launched a new forum called ChevroletVoltage.com. And to help kick-start interest in the forum, GM has released a video of the build process for the prototype...
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Yesterday we urged GM CEO Fritz Henderson to sit down with his new Vice Chairman Bob Lutz to get their stories about the future of the Pontiac G8 straight. Now they have, and the news isn’t good. Bob Lutz posted on GM’s corporate Fastlane Blog that the G8 will not live on as the Chevrolet...
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Perhaps General Motors CEO Fritz Henderson and his newly appointed Vice Chairman Bob Lutz should sit down, have a talk and get their stories straight. After consistently saying that the Pontiac G8 would be eliminated with the rest of the Pontiac brand, it seemed as though Henderson had a change of heart after his newly...
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Last year Chevrolet announced that it would retire its GT1 Corvette Racing team after dominating the class for close to a decade. In its place Chevy would run a lower-level GT2 team in a class that has become increasingly competitive. This year the GT1s still ran in the American Le Mans Series (ALMS) during the...
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When General Motors emerged from bankruptcy protection and announced that it would unretire Bob Lutz, it seemed like an odd move, considering Lutz’s interest in performance cars and the fact that he’s 77 years old. Enthusiasts, however, rejoiced and with good reason, as over the weekend the former product boss and now Vice Chairman let...
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Calling the Pontiac G8 “Too good to waste,” GM’s new product boss, Bob Lutz, has just announced that the car will live on, rebadged as a Chevrolet Caprice. The news comes as a surprise, considering GM’s CEO Fritz Henderson has been unwavering in his insistence that the car would be eliminated from the New GM. Apparently...
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Today the sun rose on a New General Motors, a move which will also see the sun set on a lot of people’s careers. GM emerged from bankruptcy protection at 6:30 a.m. Eastern Time with news of a serious corporate restructuring plan that will take effect over the next few months. Due to leadership (and...
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As General Motors is set to emerge from bankruptcy protection, the giant U.S. automaker’s fresh start might just include a new logo; a green one. According to a report by MSNBC, GM has a design team that is currently looking in to changing the logo and they have discussed swapping the blue out in favor...
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Tough economic times often bring about shifts in the marketplace and one such example can be found in the light-duty pickup truck market. In the month of June the Chevy Silverado out-sold the Ford F-150, but that’s not what the numbers appear to say at first. While the entire F-Series lineup (including the F-150 as...
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Last week Andrew Farah, Chevrolet’s top Engineer responsible for the upcoming Volt plug-in hybrid, said that the car would be a sporty rival to Japanese alternatives. Now he is taking that claim a step further, telling Automotive News that it will have, “the feel of a sports car.” In fact, Farah doesn’t say that the...
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Late Sunday a judge approved the sale of GM’s assets to a group comprised of the U.S. government, the UAW and the Canadian and Ontario governments under the name NGMCO, Inc. The decision will see GM exit bankruptcy court quickly with the ‘New GM’ assets going to NGMCO, while the ‘Old GM’ assets will be...
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General Motors can barely keep up with demand for the new 2010 Chevrolet Camaro, but that won’t stop the American automaker from bringing the car to less traditional markets. According to German car magazine Auto Motor und Sport, which cites and executive at Chevrolet Germany, the Camaro will go on sale in Europe in the...
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Cadillac’s replacement for the top-level DTS sedan is to be called the XTS and will be built alongside several other GM products at the company’s Oshawa, Canada plant. Production is expected to begin in December of 2011, making the DTS a 2012 model. The XTS will be based on the company’s Epsilon platform, which will...
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