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May
22nd

Magna outlines who would get what under its plan for GM’s Opel

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Magna International Inc., Canada's largest auto-parts supplier, said on Friday that under its plan for General Motors' Opel unit, GM and Russian partners would each hold 35 percent stakes, while Magna would take 20 percent and employees 10 percent. Full story...
May
22nd

Magna outlines who gets what under Opel plan

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Magna International Inc., Canada's largest auto-parts supplier, said on Friday that under its plan for General Motors' Opel unit, GM and Russian partners would each hold 35 percent stakes, while Magna would take 20 percent and employees 10 percent. Full story...
May
22nd

GERMANY: Magna bid ‘best for Opel’

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German Chancellor Angela Merkel and Roland Koch, leader of Opel's home state of Hesse, were due to meet today (22 May) to discuss the three bids submitted on Wednesday for the General Motors' division. Full story...
May
22nd

US: GM union sorted, only bondholders to go

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General Motors has agreed concessions with the United Auto Workers (UAW) union and is now racing against the clock to persuade bondholders to eliminate US$27bn in debt and avoid a bankruptcy filing. Full story...
May
22nd

GERMANY: Mystery Chinese company bids for Opel/Vauxhall

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A fourth bidder has shown an interest in acquiring General Motors' European Opel and Vauxhall brands. Full story...
May
22nd

BRAZIL: GM invests in productivity and saves money

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José Eugênio Pinheiro has worked 40 years at General Motors do Brasil and his obsession for manufacturing and productivity gains has delivered excellent results. Full story...
May
22nd

Magna proposal leads in race for Opel

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Magna International emerged on Friday as a favorite to acquire General Motors' Opel unit after top German officials said the Canadian car parts group had submitted a better plan than rival bidders Fiat S.p.A. Full story...
May
22nd

Despite concerns over job cuts, Magna leads in race for Opel

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Magna International emerged on Friday as a favorite to acquire General Motors' Opel unit after top German officials said the Canadian car parts group had submitted a better plan than rival bidders Fiat S.p.A. Full story...
May
22nd

German Vice Chancellor wants Magna’s Opel bid studied

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German Vice Chancellor Frank-Walter Steinmeier said on Friday that out of the three bids for General Motors unit Opel, he wanted the bid by Magna International to be closely examined. Full story...
May
22nd

U.S. ready to steer GM into bankruptcy next week, Post says

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The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported late Thursday. Full story...
May
22nd

Fiat feels lucky on Opel, GM has concerns, reports say

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Fiat S.p.A.'s CEO sees his company in the lead to win in the race for Opel, but a German magazine said parent company General Motors favored other bidders over the Italian automaker. Full story...
May
22nd

Fiat’s offer for Opel has two versions: With and without GM’s Latin American operations

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Fiat S.p.A. submitted two versions of its offer for General Motors units Opel and Vauxhall, one with and one without a bid for GM's Latin American operations, people familiar with the matter told Automotive News Europe today. Full story...
May
22nd

U.S. ready to steer GM into Ch. 11 next week, Post says

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The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported late Thursday. Full story...
May
22nd

GMAC gets $7.5B more from U.S., most of it aimed at auto lending

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The U.S. Treasury Department said it has put another $7.5 billion into auto lender GMAC to enable it to support both Chrysler LLC and General Motors car buyers and partly meet a shortage of capital. Full story...
May
22nd

U.S. ready to steer GM into bankruptcy next week, Post says

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The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported on Thursday, citing sources familiar with the discussions. Full story...
May
21st

GMAC gets $7.5B more from U.S., most of it aimed at auto lending

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The U.S. Treasury Department said it has put another $7.5 billion into auto lender GMAC to enable it to support both Chrysler LLC and General Motors car buyers and partly meet a shortage of capital. Full story...
May
21st

Toyota poised to top GM in U.S. share by 2010, study says

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Toyota will come within striking distance this year of General Motors' No. 1 U.S. market share position, while 2009 U.S. light-vehicle sales fall to 9.5 million units, a forecasting firm predicted today. Full story...
May
21st

Ford will pass GM as top N.A. producer, study says

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Ford Motor Co. will overtake General Motors to become North America's top auto producer this year as bankruptcy scrambles the industry rankings, a research firm says. Full story...
May
21st

UAW accord won’t lessen chance of GM bankruptcy, analysts say

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The UAW's agreement with General Motors won't diminish prospects for a GM bankruptcy filing, analysts and other experts said. Here are some comments on the deal announced today. Full story...
May
21st

2009 Chevrolet Colorado 4WD Crew Cab 1LT

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2009 Chevrolet Colorado 4WD Crew Cab 1LT
2009 Chevrolet Colorado 4WD Crew Cab 1LT - Chevy Fullsize Pickup Truck Review - Automobile Magazine
If you're looking for something less than a full-size pickup with a decent amount of power, enough towing capacity to pull a trailer or a boat, and reasonable fuel economy for a pickup, the Colorado might fit the bill.

As technical editor Don Sherman implied when he reviewed these updated trucks, the Colorado/Canyon twins should have been launched like this--with a small-block V-8 under the hood instead of the weakling four-cylinder or the not-much-better in-line five. The V-8-powered Colorado now has increased towing and hauling capabilities, and it's significantly quicker than its fewer-cylindered stablemates (less than seven seconds to 60 mph, according to both Sherman and General Motors). But what really struck me is the fantastic sound of the 5.3-liter V-8. Floor it between about 2500 and 4500 rpm, and the mill just roars. I actually opened the sliding rear window just so I could hear a less insulated rendition of the motor music. I even think this Colorado deserves more prominent tailpipes (big-tipped, straight dual exhausts, anyone?) to announce its power; I blew away a GMC Canyon at a light, but I don't think the other driver had a clue about what had happened.


Photo Gallery: 2009 Chevrolet Colorado 4WD Crew Cab 1LT - Chevy Fullsize Pickup Truck Review - Automobile Magazine


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