Amid the dire predictions for General Motors' future, here's a bright spot: the 2009 Saturn Vue 2-Mode hybrid.
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President-elect Barack Obama said today that General Motors, Ford Motor Co., and Chrysler LLC have put forward "more serious" bailout proposals to Congress.
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General Motors is talking to potential investors who could take partial ownership in Saab. Jan-Ake Jonsson, managing director of the Swedish brand, said GM and Saab are talking to several investors about putting money into the Swedish company.
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Several as yet unnamed companies are interested in snapping up Saab if General Motors decides to sell.
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General Motors is considering selling its Swedish premium brand Saab. )x("",We will look at all the possible options, including possible sale, starting immediately, Fritz Henderson, GM's vice chairman and chief operating officer, said.
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Is the smell of death keeping customers away from General Motors showrooms? You bet, says Mark LaNeve, GM's vice president of North American sales, service and marketing.
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The Detroit 3 yesterday increased their appeals for federal loans beyond the $25 billion requested in November. General Motors, Ford Motor Co. and Chrysler LLC together are asking Congress to approve loans and credit lines that total $34 billion.
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General Motors CEO Rick Wagoner says the automaker needs $4 billion this year to shore up its cash supply. Any long-term survival depends on cutting some of its brands.
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General Motors has asked Congress for term loans of up to $12bn to provide adequate liquidity levels through to 31 December 31, 2009 and has requested an "initial draw" of $4bn this month.
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The Detroit 3 today increased their appeals for federal loans beyond the $25 billion requested in November. General Motors, Ford Motor Co. and Chrysler LLC together are asking Congress to approve loans and credit lines that total $34 billion.
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Is the smell of death keeping customers away from General Motors showrooms? You bet, says Mark LaNeve, GM's vice president of North American sales, service and marketing.
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The General Motors of 2012 will have fewer brands and nameplates, thousands fewer dealers and employees, and much less debt on its balance sheet, under a restructuring plan GM gave Congress today.
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General Motors and Ford Motor Co. today said they will slash first-quarter North American vehicle production.
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Ford, General Motors, Toyota and Honda reported U.S. sales drops of more than 30 percent in November as a staggering U.S. economy dragged industrywide demand to the lowest level in 26 years. Every automaker posted a decline as sales fell 36.
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Ford, General Motors, Toyota and Honda reported U.S. sales drops of more than 30 percent in November as a staggering U.S. economy again dragged industrywide demand to 25-year lows. Ford Motor declined for a 12th consecutive month.
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General Motors plans to stop using its four Detroit-based corporate jets.
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The era of corporate jets is over at General Motors and Ford.
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General Motors executives will now fly commercial or take a charter jet. GM today said it is closing General Motors Air Transportation Services effective Jan. 1 after at least 61 years in existence.
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General Motors' chief engineer for crossovers, Grace Lieblein, is taking over as head of General Motors de Mexico, the company said today.
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Who's on the bag for Tiger Woods now that his endorsement deal with General Motors is over? Well, it won't be another car company.
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