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May
13th

Congress under pressure as GM bankruptcy possible

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With General Motors planning to end production of Saturns and Pontiacs at its Delaware plant which employs more than 1,000 people, state leaders are scrambling to win new work at the plant or persuade the company to move other operations to the... Full story...
May
13th

Redesigned Opel Astra revealed ahead of Frankfurt rollout:

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Opel, General Motors' financially embattled European subsidiary, has ripped the covers from its sixth-generation Astra ahead of the car's planned debut at the Frankfurt motor show in September. Full story...
May
13th

US: GM sees Magna’s Opel offer as viable

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A potential Magna International offer for General Motors' European assets is seen as viable at GM in the US, people 'familiar with the situation' have said. Full story...
May
13th

CANADA: ‘Autos minister’ meeting US officials next week

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Canada's minister in charge of the motor industry will meet with top US officials in Washington next week to assess progress on General Motors' restructuring plans, he said on Tuesday. Full story...
May
13th

CANADA: Pensions shortfall slows GM Canada progress

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A pension shortfall of more than C$7bn is a major barrier to a cost-cutting deal between the Canadian Auto Workers (CAW) union and General Motors of Canada, a newspaper reported on Wednesday. Full story…

May
13th

GERMANY/UK: GM Europe reveals redesigned Astra

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"The only part of the Astra which isn't new is its name," said Vauxhall marketing director Andy Gilson as the General Motors Europe UK unit released first pictures of the redesigned C-segment model today. Full story...
May
12th

What will the electric car look like? Top designers weigh in:

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There are a thousand questions surrounding the electric car: Who will make it? Will it really work? And--to the chagrin of General Motors brass--who killed it? Full story...
May
12th

NEWS BRAKE: Tuesday, May 12:

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In today's News Brake: We sneak a look at the upcoming Maserati GranTurismo convertible; we remember brilliant former Saab executive Bob Sinclair; and some General Motors executives jump through the "window" to sell their stock ... Full story...
May
12th

Noise Vibration and Harshness: Media and The Big Three

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Noise Vibration and Harshness: Media and The Big Three
General Motors, Ford, Chrysler - News Media and The Big Three - Automobile Magazine
Newsmen Bite Detroit: "Big" Three suffer fools sadly.

It only stood to reason that the news media, after spending years erroneously explaining how our major corporations were doing a fantastic job, would fail to predict their own collapse, along with the meltdown of the American economy. And on the way to misperceiving the rest of the world's subsequent economic decline, we ought not be surprised that the smug business publications and cable TV screamers have also fumbled the facts underpinning the American auto industry's ongoing brush with extinction.


Photo Gallery: General Motors, Ford, Chrysler - News Media and The Big Three - Automobile Magazine


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May
12th

CAW presses for new GM Canada deal

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The Canadian Auto Workers said today it is working hard to reach a new contract agreement with General Motors of Canada ahead of a government imposed deadline of May 15, but cautioned there are no guarantees a cost-saving deal will be reached. Full story...
May
12th

CANADA: Minister wants warning of GM Ch11 filing

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General Motors would have to provide adequate warning if it planned to file for bankruptcy protection or it would risk bringing further distress to the automotive industry, Canada's industry minister has said. Full story...
May
12th

Suzuki halts production at CAMI, still committed to joint venture

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Suzuki Motor Co. will make no more vehicles in North America this year, but CEO Osamu Suzuki says he remains committed to the CAMI venture with General Motors. Full story...
May
12th

BELGIUM: EU wants Opel action coordinated

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European Union officials have called for "coordinated action and full respect" of EU state aid and internal market rules as General Motors' European units are restructured. Full story...
May
12th

Russia’s GAZ confirms interest in GM’s Opel brand

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Russian carmaker GAZ said on Tuesday it would be interested in creating a joint venture with Magna International and Opel. Canadian partsmaker Magna is vying against Fiat S.p.A. to buy General Motors' European business, centered around Opel. Full story...
May
12th

GM’s Henderson cannot guarantee Vauxhall’s future

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General Motors has declined to give an assurance about the future of the company's Vauxhall brand. Fiat group's plan to merge its car business with GM European operations has raised fears for the future of GM's Vauxhall unit in the U.K. Full story...
May
12th

GM shares fall to 76-year low after 6 executives sell

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General Motors stock plunged to a 76-year low today, a day after a group of its executives disclosed they had sold shares in the struggling automaker. Full story...
May
12th

GM’s Lutz, five other executives sell all remaining shares

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Six General Motors executives disclosed on Monday they sold almost $315,000 in stock and liquidated their remaining direct holdings in the struggling automaker. In filings with U.S. Full story...
May
12th

GM shares fall to 76-year low after 6 executives sell shares

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General Motors stock plunged to a 76-year low today, a day after a group of its executives disclosed they had sold shares in the struggling automaker. Full story...
May
12th

GM plans to export China-made cars to U.S.

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General Motors plans to sell cars in the United States that it makes in China, starting in 2011. That could make GM the first major automaker to import Chinese cars to the U.S. market. Full story...
May
11th

GM told to avoid surprise bankruptcy in Canada

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General Motors would have to provide adequate warning if it planned to file for bankruptcy protection or it would risk bringing further distress to the automotive industry, Canada's industry minister said on Monda Full story...
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