General Motors’ vice chairman of global product operations is so strong a believer in his company’s product he’s willing to prove it in a tug-of-war between the GMC Heavy Duty and the Ford F-Series Super Duty. Vice Chairman Tom Stephens made the bold statement in an interview with PickupTrucks.com about the new Duramax engines powering...
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GMC introduced its new Granite concept model at the 2010 Detroit Auto Show, presenting a “urban utility vehicle” with a boxiness rivaling the Scion xB. “Granite was conceived as a new type of vehicle from GMC – one that could stretch people’s ideas of what a GMC can be,” said Lisa Hutchinson, product marketing director...
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***See AutoGuide’s LIVE 2010 Detroit Auto Show Coverage Here*** GMC has just released a teaser image of what it is calling the Urban Utility Concept. Set to be unveiled at the Detroit Auto Show next week, word has already slipped out that this new model will see production under the name: GMC Granite. According to...
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***See AutoGuide’s LIVE 2010 Detroit Auto Show Coverage Here*** Along with a long list of Chevy products set to debut at the Detroit Auto Show, GM will deliver unconventional new vehicles for both Buick and GMC. First up is a high-performance Buick Regal, thought to be called the GS. Based on the European Opel Insignia...
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GMC is expanding its luxury Denali line with the announcement of the 2011 Acadia Denali crossover. The brand’s first crossover, the Acadia gets signature Denali design cues including monotone paint, unique lower front and rear fascias, high-intensity discharge headlights, chrome accents and the Denali honeycomb grille. Inside, the Acadia Denali receives a number of luxury...
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Frederick “Fritz” Henderson has resigned as General Motors chief executive officer. Henderson (left, in the photo above) was appointed CEO on March 29, replacing Rick Waggoner who shown the door by the Obama administration. Over the last eight months, Henderson worked at reorganizing the company. GM announced that Chairman Ed Whitacre Jr. (right, in the...
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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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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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While President Obama and General Motors CEO Fritz Henderson are both expected to hold press conferences today, officially GM has already filed for Chapter 11 Bankruptcy Protection. Once the world’s largest automaker and a symbol of the success of free market economics, GM is now a symbol of failure. In the 1950s it employed over...
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General Motors will cut 1,124 dealerships loose by October of 2010. The struggling automaker on the verge of bankruptcy sent letters out to the dealerships last week as it searches for ways to reduce it’s current dealer network of 5,969 to just 3,600. GM says it will not renew dealership agreements with the 1,124 companies...
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GM Vice Chair Bob Lutz Kisses a Saturn Astra. Recently he kissed-goodbye to all his stock in the company. In a move that should probably be illegal (but isn’t) six General Motors executives recently sold off all their shares in the company. That’s right, those same guys who helped drive GM into bankruptcy traded in...
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General Motors has once again posted a massive quarterly loss, coming up short to the tune of $6 billion for Q1 of ’09. That is roughly the equivalent of the value of 473,000 Chevy Aveos. The company burned through $10.2 billion during the period, lowering its cash reserves to $11.6 billion from $14.2 billion at...
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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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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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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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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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In a move to keep up with the high price of fuel, as well as deal with environmental concerns, GM has developed new XFE-models of some of its most popular trucks. The Xtra Fuel Economy (XFE) package will be offered on the 2009 Silverado, Tahoe, Sierra and Yukon trucks. The significant alterations to the trucks,...
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Welcome to the AutoGuide.com News Blog, your comprehensive source for breaking automotive news. Our staff of writers and contributors will keep you updated on all aspects of the auto industry, from vehicle unveilings, to concept cars, to news from auto shows, the aftermarket and the world of motorsports. The AutoGuide.com News Blog complements...
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