As Spyker and General Motors get ever closer to finalizing the Saab deal, Spyker management is getting ever closer to finalizing Saab’s future product plans. The big news: Saab lovers can expect an all-new lineup when the reorganized company begins selling vehicles again later this year.
Despite increased customer interest in crossovers, General Motors will continue to build its SUVs using body-on-frame construction. With said frames to be built by Magna. I hope that ends well.
If the 2010 Chevrolet Equinox is any indication, General Motors is well on its way getting back on track. Stylish, well-built, and loads of available options, the 2010 Equinox is a huge improvement over its predecessor, and shows that GM is capable of listening to what car buyers really want.
General Motors is planning to put the well received 400-horsepower Chevy Camaro Concept into production as early as 2008. The muscle car will presumably be offered with a choice of a V6 and two V8 engines
Bloomberg News is reporting that General Motors is now thinking about dropping several of its brands in order to increase its chances of getting government aid.
YEONGJONG-DO, Incheon GM Daewoo Auto Technology said Thursday that it will begin selling its new G2X roadster, the famous Saturn Sky with a different badge, from next month. GM Daewoo aims to sell more than 400 units of the vehicle a year.
The Cadillac Converj is still just a concept. Even though I'm far from the only motor journalist to have gushed over the star of the North American International Auto Show, General Motors' brass hasn't given a production version the green light
The new Corvette ZR1 is the most powerful and fastest production car ever produced by General Motors, with performance enabled by a new, supercharged 6.2 LS9 small-block V-8 engine.
Today, General Motors is struggling to restructure and revive its business under a $13.4 billion US government bailout. According to GM, the car sales tumbled to 8.35 vehicles due to credit crunch and the impact of recession in US car market. The shares of the company also fell 26 cents on the New York Stock Exchange.
What’s this? Good news from General Motors? Looks like that just might be the case, that is, if you’re worried about being able to make payments on your new GM car or truck. General Motors call it the “Total Confidence Plan”, and it looks quite similar to other plans already out there by Hyundai and (I want to say) Ford. So even though GM might be teetering, and a lot of people might be worried, General Motors says, “Don’t be.”
General Motors now enters the used car business. The decision is attributed to the current market slump where car manufacturers are in a continuous search of new avenues to increase car sales and raise the market.
General Motors India revealed that its compact car the Chevrolet Spark has crossed three million sales globally.
Rejoicing the remarkable sales, the car manufacturer has announced special discounts on its entire range of cars in India. General Motors has announced a discount of Rs 55,000 on the Chevrolet Spark, Rs 28,000 on the Tavera, Rs 50,000 on the Aveo, Rs 30,000 on the UVA, and Rs 70,000 on the Optra Magnum.
General Motors’ loss-making Swedish brand Saab won an extension period where it will be protected from creditors. This would give Saab until May 20 to restructure. Saab has been working to seek protection from creditors since February in efforts to survive the economic downturn and buy some time until its parent company, General Motors, cuts ties with the brand by Jan. 1, 2010.
The Indian used car market is in an exponentially growing stage and the credit for this goes to the increasing car prices.
Following the footprints of Maruti Suzuki, Toyota, Hyundai, Honda, Ford, and General Motors, Tata Motors also enters the used car business. Tata feels that the used car market is in developing stage dominated by an unorganized sector and thus introduces 'Tata Motors Assured' certified pre-owned car programme that will offer reliable and quality pre-owned cars.
US car sales plunged in June to a 15 year low, but a month-end clearance sale helped General Motors Corp retain its No 1 spot and steer clear of the wipeout many had feared, sending its shares higher.
General Motors reportedly plans to import into U.S. the next-generation Opel Vectra station wagon rebadged as a Saturn. The main goal is to annually sell about 50,000 those Opels/Saturns
The U.S. Government rejected the 14 billion-dollar U.S. bailout deal for struggling auto manufacturers.
The Big Three – General Motors, Ford, and Chrysler had asked for a financal help from the government because of the current economic collapse.
General Motors India’s Chevrolet brand is doing good business in the Indian car market. With its models like the Optra SRV, Optra Magna, Tavera, Aveo, Aveo U-VA, Spark and the Captiva, the company is basking under the warmth of success. Among its models, the Spark from the small car segment is leading the troop. Spark has hit the chart not only in India but also in other car markets bagging three million sales globally.
Despite the troubled situation at the home ground, General Motors has high plans for India this year. It has strategized a series of plans for the current fiscal that include new car launches development of powertrain facility, and mass hiring for its research and development centres.
General Motors announced today it will invest $170 million in its Ypsilanti transmission facility for additional capacity to produce its family of Hydra-Matic six-speed rear-, and all-wheel drive automatic transmissions.
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