General Motors has lifted the veil on the latest version of its 4.5-litre Duramax diesel engine. The smaller V8 turbo diesel mill is more fuel efficient.
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GMAC's restrictions on retail and wholesale financing threaten the survival of General Motors dealerships in California, a dealer trade group says.
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Top engineers from five automakers agreed today that economic turmoil will not curtail their technology development. The engineers from General Motors, Ford Motor Co., Chrysler LLC, BMW AG and Honda RandD Co.
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While reassuring its dealers that "General Motors is here to stay," the automaker also recently told a group of them that dealer profits may fall about 18 percent this year, according to a Bloomberg report.
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Frozen credit markets will dramatically lower U.S. vehicle sales and increase losses at General Motors and Ford Motor Co., a J.P. Morgan analyst said today. In a note to investors, analyst Himanshu Patel said that for the fourth quarter, U.S.
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J.P. Morgan Securities widened its fourth-quarter loss estimates for automakers General Motors and Ford Motor Co., citing what it called a fundamentally altered credit environment.
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General Motors is likely to defer capacity expansion plans at its new Talegaon unit in Maharashtra amid the global liquidity meltdown while Mercedes expects the financial crunch to hit sales in India, local media reports said.
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General Motors has signed a contract that will see Buehler Motor provide customised auxiliary water pumps for the Chevrolet Volt Extended-Range Electric Vehicle and some GM hybrid vehicles.
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General Motors has detailed a plan to slash costs at Chrysler LLC but initial attempts to secure financing for the controversial merger have been rebuffed, raising new doubts about whether it can be completed without government aid.
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General Motors has detailed a plan to slash costs at Chrysler LLC but initial attempts to secure financing for the controversial merger have been rebuffed, raising new doubts about whether it can be completed without government aid.
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General Motors has reached an unusual healthcare and buyout deal with workers at an Ohio SUV plant, closure of which was last month brought forward from 2010 to 23 December.
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General Motors has chosen Buehler Motor Inc. to provide water pumps for the Chevrolet Volt electric car and its other hybrid vehicles, the two companies said today. Under the contract, Morrisville, N.C.
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General Motors is pushing ahead with talks to acquire Chrysler LLC in a deal that the automaker sees as a way to boost its cash position at a time when it has been shut out of debt markets and its own revenues are tumbling, sources said.
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General Motors is pushing ahead with talks to acquire Chrysler LLC in a deal that the automaker sees as a way to boost its cash position at a time when it has been shut out of debt markets and its own revenues are tumbling, sources said.
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General Motors is pushing ahead with talks to acquire Chrysler LLC in a deal that the automaker sees as a way to boost its cash position at a time when it has been shut out of debt markets and its own revenues are tumbling, sources said.
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1958 Chevy Corvette - By Design
Kid stuff comes good fifty years later.In the 1950s, most Detroit cars got an annual face-lift, with big sellers getting all-new body shells every two or three years. Low-volume cars like the Chevrolet Corvette didn't justify big investment, but since fiberglass was cheap to tool, General Motors intended to change Corvettes every year to demonstrate the potential for plastic body panels on mainstream cars. The original Corvette design lasted three years, but the 1956 face-lift was supposed to be good for only one. In 1955, it fell to me to stick four headlights on the C1 front end for 1957, while simultaneously working on the C2, due in '58 with its new shorter-wheelbase, V-8-only chassis.
Photo Gallery: 1958 Chevy Corvette - Vintage Chevy Corvette Convertible - Automobile Magazine
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Check out CorvetteGuys.com and their large selection of
Z06 Wheels.
Reports over the weekend have suggested that General Motors sees acquiring Chrysler as a way of boosting cashflow at a time of tightened credit and falling revenues, and that some sort of deal is close. It has also been reported that negotiators hope to finalise a deal before the 4 November presidential election and are lobbying for government financial assistance to help clinch it.
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After GMAC Financial Services' broad retreat last week from auto lending, General Motors dealers were trying to plug the gap with banks, credit unions and independent finance companies.
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General Motors, under pressure to sell assets and raise cash, has sent a prospectus to potential buyers of its Hummer brand.
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General Motors, under pressure to sell assets and raise cash, has sent a prospectus to potential buyers of its Hummer brand.
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