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Apr
27th

GM will keep Vauxhall, Henderson says

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General Motors has no plans to scrap its Vauxhall brand, says CEO Fritz Henderson. Full story...
Apr
27th

NEWS BRAKE: Monday, April 27:

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In today's News Brake: GM slams the brakes on Pontiac and Saturn; Aston Martin's One-77 is an award winner; and Mercedes-Benz and BMW think about bringing four-cylinder engines back to the U.S. market ... But Wait, There's More! Full story...
Apr
27th

The AutoWeek list: Most significant Pontiacs ever :

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1964 GTO Full story...
Apr
27th

Autobytel board rejects buyout offer

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Autobytel Inc.'s board is recommending stockholders reject a buyout offer from Trilogy Enterprises Inc., calling the cash offer of 35 cents per share "grossly inadequate." In a statement filed today to the U.S. Full story...
Apr
27th

Highlights of GM’s plan

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General Motors announced a new restructuring plan Monday that includes aggressive debt reductions, dealership closures and job cuts. Here are details of the automaker's accelerated steps: Full story...
Apr
27th

Good-bye, Pontiac . . . or Sentimentality Sucks:

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I realize there’s little room for sentimentality in today’s cutthroat world of the automotive business, especially in a recession. Full story...
Apr
27th

GM’s Henderson suggests he’ll shake up management

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General Motors CEO Fritz Henderson says he plans to make changes the automaker's top leadership. "We're going to be looking at how we run the company. Full story...
Apr
27th

GM’s CEO hints top-level management changes to come

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General Motors CEO Fritz Henderson says he plans to make changes the automaker's top leadership. "We're going to be looking at how we run the company. Full story...
Apr
27th

GM bond exchange likely to fail, analyst says

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General Motors' bid to reduce debt with a bond-exchange offer is destined to fail, an analyst at credit research firm KDP Investment Advisors Inc. said. Full story...
Apr
27th

RUSSIA: Russia minister sees 60% market drop

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The Russian car market could fall by 60% this year, according to a Russia government minister's reported remarks. Full story...
Apr
27th

JAPAN: Firms ban Mexico trips on swine flu fears

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Several Japanese companies have stepped up their state of alert following the outbreak of swine flu in Mexico and the US, deciding to introduce countermeasures such as banning employees from travelling to Mexico. Full story...
Apr
27th

US: Daimler talks Chrysler stake sale

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Daimler is talking with private equity investor Cerberus Capital Management about selling the German automaker's remaining 19.9% stake in Chrysler. Full story...
Apr
27th

JAPAN: Mitsubishi plans EV output boost

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Mitsubishi Motors plans to boost annual output of the i MiEV electric car to 30,000 units around fiscal 2013 as Japan and other nations extend financial support to promote the use of eco-friendly cars, company president Osamu Masuko said on Monday. Full story...
Apr
27th

SWEDEN: Geely runs ruler over Saab

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Chinese automaker Geely has visited Saab Automobile which General Motors is selling, a Swedish media report said on Monday. Full story...
Apr
27th

RUSSIA: Nissan plans St Pete Job 1 for June 3

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Nissan has said it plans to start series production at its new car assembly plant in St Petersburg on June 3. Full story...
Apr
27th

Aston Martin Project One-77 revealed :

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The Aston Martin Project One-77 finally broke cover--completely--this weekend at the Concorso d’Eleganza event in Italy. Full story...
Apr
27th

Aston Martin Project One-77 revealed :

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The Aston Martin Project One-77 finally broke cover--completely--this weekend at the Concorso d’Eleganza event in Italy. Full story...
Apr
27th

GERMANY: Politicians want Opel to go to Magna

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German politicians would rather Magna take over Opel while Fiat would keep all four German Opel sites in production, though not necessarily at current levels, media reports said on Monday. Full story...
Apr
27th

GM plans 4 core brands with 3 sales channels

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In a revised viability plan filed with the government today, General Motors said it will market its four core brands through three channels. GM also has mapped out which dealers are likely to be eliminated in its 163 major U.S. Full story...
Apr
27th

GM plans to go to market with three sales channels

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In a revised viability plan filed with the government today, General Motors said it will market its four core brands through three channels. Full story...
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