Several major news outlets are reporting that General Motors is planning extended shutdowns of its U.S. plants this summer. The plants would be idled for as much as nine weeks from mid-May through July. While it is common practice for plants to idle for a “summer break” during the sunny season, that period has traditionally...
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When General Motor’s first submitted it’s viability plan to the Obama Administration, Saab, Hummer and Saturn were put on notice, while other brands like Pontiac and GMC (as well as Chevy, Buick and Cadillac) were guaranteed to stay on. There are no guarantees in an economy like this, however, and so both Pontiac and GMC...
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A group of investors known as Telesto Ventures has put forward a serious proposal to purchase Saturn from General Motors and turn it into a network of retailers selling vehicles from foreign manufactures. The business plan would have the Saturn continue selling GM-sourced products until 2011 at which point the dealer network would act more...
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General Motors used the New York Auto Show to stage the official first showing of its GT1 line of special edition Corvettes. The car wasn’t competing for the spotlight, however, as GM generally ignored the car and instead decided to focus on its new SUVs – like the GMC Terrain and Yukon Denali Hybrid. The...
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Due to a predicted decrease in output at General Motors for 2009, it is expected that the U.S. automaker will be surpassed by German rival Volkswagen AG by the end of this year. The news comes from industry market research firm R.L. Polk Germany and is based on overall production numbers. Polk envisions an annual...
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Looking for a real piece of American automotive history? Sure, you could saunter down to the Barrett-Jackson auction in Palm Beach, Fla. this weekend and bid on a classic Corvette that speaks to all that General Motors once was, or… you could bid on a vehicle that was made just last year and is one...
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General Motors is heading back to the block. No, not the chopping block (not yet)… the auction block. In an effort to trim costs and create a little petty cash, the struggling automaker will send 100 vehicles to the Barrett-Jackson auction in Palm Beach, Fla., which starts this Thursday and runs through the weekend. In...
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General Motors will be putting the focus on its GMC brand at the New York Auto Show, with the launch of the Yukon Denali Hybrid – as well as the new 2010 Terrain. Using GM’s two-mode hybrid system the “green” Yukon Denali boasts city fuel-economy that has been improved by more than 50 percent. Unfortunately...
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On Friday we brought you news that the 2010 Chevy Equinox will be priced at $1,800 less than the previous model and today we can tell you the Equinox’s sister SUV, the GMC Terrain, is set to launch at the New York Auto Show. There is no official word on pricing but you can expect...
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General motors has just released some new info on the upcoming 2010 Chevy Equinox, with the most surprising item being the price. The all-new model will come in at $1,800 less than the outgoing ’09 model, with a starting price of $23,185, including a $745 destination charge The other important bit of info GM has...
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Current Commodore-based Lumina SS as sold in the Middle East and Africa Even if General Motors survives its current financial woes, it has a serious problem on its hands regarding future products. Take the Chevy Impala for instance. Sure it’s not very exciting, nor is it much to look at, but its a top seller...
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Just ahead of the Obama Administration’s press conference today, some of the most important details are already out. General Motors is to be given 60 more days to complete its restructuring plan, while Chrysler is being given just 30 days to finalize a partnership with Fiat. This news comes as both fumbling U.S. automakers are...
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General Motors CEO Rick Wagoner will be stepping down as the head of the deeply troubled American auto giant by the end of the month – this according to several reports including CNBC and GMInsideNews. Wagoner apparently did not come to the decision on his own and while he was not “forced” he was apparently...
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According to the reliable folks over at GMInsideNews, on Monday the Obama Administration will announce a bankruptcy deadline for both General Motors and Chrysler. It has been rumored that the government will release more details about its aid for the U.S. auto industry on Monday, but now it appears the announcement will include this strong-arm...
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The highly anticipated Chevrolet Orlando is apparently not one of the top priorities at General Motors – despite the increasing popularity of similar crossovers (like the Ford Flex and Toyota Venza) in the marketplace. According to Automotive News, the Orlando is no longer scheduled to go into production later this year. Local UAW rep George...
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The Camaro Convertible is back on track say the latest industry reports. While several media outlets (including Motor Trend) recently reported the indefinite future of the drop-top muscle car, MotorTrend is now reporting an about-face by General Motors. The apparent reason for putting the model on hold was that the German supplier of the convertible...
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This past weekend Banks Power set yet another world record for diesel-powered drag racers by running a 7.7708 second pass at 180.00 mph in the Banks Sidewinder S-10. The Banks Sidewinder is the first ever diesel pickup truck to hit the 180 mph mark in the quarter-mile, a feat which took place at the NHRDA...
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General Motors has announced that it is putting a hold on a plan to bring a new 4.5-liter V8 diesel engine to market. The new engine would have been used in the light-duty Silverado and Sierra pickup trucks and estimates have it rated at anywhere from the mid-20s to the high-20s in miles per gallon....
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We just captured a few images of Opel’s upcoming Ampera (unfortunately all from the same angle), based on the yet-unreleased Chevy Volt. The styling is certainly more progressive, although the basic shape of the car remains similar to the Volt/Prius/Insight design. We’ll be sure to bring you full info on this car from tomorrow’s press...
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General Motors has just announced that it’s European operations, including brands Opel and Vauxhall will split-off from GM. The deal would see anywhere from 25 to 50 percent of of GM Europe sold off to private investors, however, GM would continue to hold a majority stake in the company. (Call us crazy, but who would...
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General Motors has just released its fourth quarter “earnings” and they are anything but. GM posted a net loss of $9.6 billion, with an operating loss of $5.9 billion. The loss is the sixth consecutive quarterly loss by the struggling automaker, and is considerably worse than the $1.5 billion the company lost in Q4 last...
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After Saab’s request for “reorganization” was approved by a Swedish court today, the carmaker has announced that it will look to restructure itself as an independent entity. This move is the first step in a process that would allow Saab to restructure itself and renegotiate terms with creditors. This, after Saab said it estimates a...
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As a part of GM’s restructuring plan the company has made the drastic decision to “temporarily” close its High Performance Vehicle Operations department. “All high-performance projects are on indefinite hold,” said spokesman Vince Muniga to Auto News “The engineers are moving into different areas of the organization, and they will work on Cadillacs, Buicks, Chevrolets...
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After General Motors made it clear in its viability report submitted to the U.S. Treasury that the future of Saturn was uncertain at best, it appears as though Saturn’s network of dealers has its own plan. Dan Januska, owner of Saturn of Scottsdale, told the Wall Street Journal that the dealers have been in talks...
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