Ford has had it easy in the Pony car segment ever since 2002 when Chevrolet stopped selling the Camaro, but the iconic Chevy is back and making its presence felt. For the fist time since 1993 the Camaro out-sold the Mustang for a whole month. The numbers weren’t even close as the new Camaro sold...
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The upcoming Chevy Volt plug-in hybrid will be a sporty alternative to Japanese hybrids says the car’s chief engineer. Andrew Farah let this juicy bit of info slip on a recent chat session on GM’s official FasLane blog. “Our chassis is much more sporty than either of the other vehicles,” said Farah, referring to the...
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After continued rumors that General Motors was still shopping-around its European Opel operations, it appears as though a new buyer has been found. RHJ International, a Belgian company has been cited as the latest bidder and apparently a tentative deal could be signed by the end of the week. Initially Opel was slated to be...
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Toyota may share a version of its Prius hybrid with General Motors according to a recent report by Bloomberg. Sources say Toyota President Akio Toyoda and GM CEO Fritz Henderson will meet in August in Michigan to discuss the possibility of selling a version GM-badged Prius – or possibly using Toyota hybrid technology to build...
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According to a report on Chinese state radio, the sale of Hummer by General Motors to heavy-equipment manufacturer Tengzhong will not go ahead. The report on China National Radio states that Tengzhong’s acquisition of Hummer goes against the government’s efforts to reduce pollution by manufacturing companies in China. Tengzhong released a statement in response to...
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Dalgleish Cadillac, the only remaining Cadillac dealer in the city of Detroit, is being forced into closure next year as a part of General Motors’ restructuring plan. This isn’t just sad because the dealership has been selling Caddy’s in Detroit since 1954. And its symbolism extends beyond GM’s current problems or even the company’s 100...
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General Motors may still be in bankruptcy protection but that doesn’t mean work at America’s largest automaker has stopped. In fact, engineers have been hard at it, especially those working on the upcoming Chevrolet Volt. Today Chevy has released a few photos of a pre-production model of the Volt. Until now, every other version was...
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Contrary to recent reports that the Vibe would be the sole Pontiac model to continue on into 2010, General Motors has now decided to end production of the utilitarian vehicle early. Production of the Vibe at the GM/Toyota joint-venture New United Motor Manufacturing Incorporated (NUMMI) facility will end this August. Several weeks ago GM’s interim...
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The next General Motors product to get a plug-in hybrid powertrain, like the one that will be introduced in the Chevy Volt, may be a Buick. This new PHEV (Plug-in Hybrid Electric Vehicle) was supposed to be a version of the Saturn Vue, but as GM has now sold off the Saturn brand to the...
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General Motors has officially announced it has reached a tentative deal to sell its Swedish Saab brand to a group of companies lead by Swedish supercar-maker Koenigsegg. The deal will see the Koenigsegg group receive $600 million in funding from the European Investment Bank, which has been guaranteed by the Swedish government. GM will provide...
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The Camaro Convertible has been an on-again, off-again model for Chevy. Officially, it is now on-again and in case you don’t believe the rumors, here are a few pics of the car sitting outside GM’s Oshawa, Canada plant – where the new Camaro is assembled. No doubt the decision to go ahead with the car...
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General Motors has made the surprising decision to sell its Saab brand to Swedish supercar maker Koenigsegg. The move comes as such a shock because the two other final bidders were wealthy and mainstream American entities: the Wyoming investment group Merbanco and U.S. billionaire Ira Rennert’s Renco Group. Koenigsegg, on the other hand, is a...
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Fifty-six years after the first Corvette rolled off the assembly line, General Motors can now boast it has produced 1.5 million of America’s sports car. Chevrolet Product Marketing Director Karen Rafferty made the announcement at the June meeting of the Greater Atlanta Automotive Media Association. The 1,500,000th ‘Vette, produced at the company’s Bowling Green Assembly...
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Chevrolet has decided to cancel production of its Malibu Hybrid. As shocking as this might seem for a company that claims it is now dedicated to building environmentally-friendly cars, it actually makes a lot of sense. For starters, while the Malibu itself continues to sell well and has received critical acclaim from auto journos, the...
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The 2010 model lineup for the soon-to-be-terminated Pontiac brand will consist of just one model – the Vibe. Recently GM interim CEO Fritz Henderson reiterated the company’s position that the G8 would not carry on as either a Buick, Chevy or Cadillac. The G3 and G5 will also cease production this year, while the G6...
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GM’s interim CEO Fritz Henderson is starting to open up on some of the company’s fuel-efficiency plans and the future involves a pair of turbocharged four-cylinders. The first turbo-four will be offered in the new Buick LaCrosse but won’t be available immediately. Currently the LaCrosse is slated to get a standard 3.0-liter V6 that makes...
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There is hope, be it ever so slight, that the Pontiac G8 may live on even though the brand it’s attached to is most certainly slated for elimination. “I know there’s still discussions on it,” GM’s product boss Tom Stephens told Automotive News, giving some hope to the legions of G8 fans that haven’t had...
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The long list of General Motors dealerships got a lot shorter recently, but it will get shorter still as the company has made known plans to reduce the number of Cadillac dealerships in its network. “Our current footprint of 1,400 Cadillac dealers, most of which are dualed, is out of sync with modern luxury automotive...
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General Motors has reached an agreement with the Penske Automotive Group on the sale of its Saturn brand. An official announcement is expected to be made by both parties later today. The Penske Automotive Group was thought to be one of the front-runners in the bidding war, which also reportedly included Nissan/Renault, Mitsubishi and investment...
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It seems like there is a new update in the Saab and Saturn sell-off every day… so why stop now. Yesterday we reported that the list of Saab buyers was down to three and now that list has been shortened to just two suitors. Saab CEO Jan-Ake Jonsson told Swedish business paper Dagens Industri that...
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With news of a tentative deal to sell off Hummer coming yesterday, GM still hasn’t made any decisions about its Saturn or Saab brands – but apparently it has plenty of offers to entertain. GM CFO Ray Young said that Saturn has as many as 16 suitors, while the Swedish Saab brand has three. The...
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Car sales for the month of May appear to show a certain level of recovery – at least for U.S. automakers Ford and General Motors. Ford posted a loss of 28.5 percent, its best result since July of 2008. As for GM, it declined “just” 29 percent marking its best monthly performance since September. In...
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In a surprising move, a potential buyer for Saab has been found from the company’s home country. Nope… note Swedish automaker Volvo, but Swedish supercar maker Koenigsegg. The news comes from the newspaper Dagens Industri and is so surprising because of Koenigsegg’s mass-market obscurity. Koenigsegg has, however, made a success out of its supercar business,...
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By solidifying a deal to take control of GM’s European operations, Canada’s Magna International Inc. is eager to start producing Opel cars in Canada. “We want to build Opel cars in Canada,” said company founder and CEO Frank Stronach. “Canada should have its own Canadian company … a truly Canadian automobile industry.” The third largest...
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