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Oct
12th

Beyond merger talks, GM eyes federal funds

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What's good for General Motors is good for the country. When former GM CEO Charles Wilson told the U.S. Read more ...
Oct
12th

GM slows down payments to non-production suppliers

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In a bid to conserve cash, General Motors is giving itself more time to pay its North American non-production suppliers. Effective Oct. 1, GM says it is paying its "indirect" suppliers 60 days after receiving goods or a valid invoice. Read more ...
Oct
12th

Source: GM, Chrysler talking

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General Motors, battling shrinking U.S. sales and a plummeting stock price, is discussing a possible combination with Chrysler LLC, a person familiar with the talks said. Read more ...
Oct
12th

GM has not sought bailout, but options open

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General Motors said on Saturday it has not sought a federal bailout but did not rule out the possibility of approaching the U.S. government or taking other dramatic steps to survive a worsening downturn in auto sales. Read more ...
Oct
11th

Source: GM, Chrysler talking

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General Motors, battling shrinking U.S. sales and a plummeting stock price, is discussing a possible combination with Chrysler LLC, a person familiar with the talks said. Read more ...
Oct
11th

GM slows down payments to non-production suppliers

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In a bid to conserve cash, General Motors is giving itself more time to pay its North American non-production suppliers. Effective Oct. 1, GM says it is paying its "indirect" suppliers 60 days after receiving goods or a valid invoice. Read more ...
Oct
10th

Market meltdown makes GM buyout goal harder to reach

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The market meltdown will make it more difficult for General Motors to reach its goal for salaried employee buyouts. Beginning the week of Aug. 25, GM offered retirement and early retirement incentives to its salaried work force. Read more ...
Oct
10th

Heard’s Scottsdale, Ariz., store to leave GM fold

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Whoever buys Bill Heard Enterprises Inc.'s closed Chevrolet dealership in Scottsdale, Ariz., won't be selling Chevrolets or any other General Motors brand. Read more ...
Oct
10th

GM says it’s not considering bankruptcy

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A day after its stock price fell to lows not seen since 1950, General Motors says it isn't considering bankruptcy reorganization. Read more ...
Oct
9th

US: GM offers new dealer incentive

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General Motors is reported to be offering its US dealers a cash incentive of 1% on each 2009 model year vehicle they sell. Read more ...
Oct
9th

HUNGARY: General Motors engine unit slows output

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General Motors' Hungarian unit will suspend engine production for an unspecified period this month. The news follows confirmation on Tuesday that GM Europe German unit Opel would cut production in the rest of this year by 40,000 cars. Read more ...
Oct
9th

GM Europe sales fall as financial crisis spreads

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General Motors Europe said its sales fell 1.9 percent in the first nine months of 2008, pushed down by the effects of the global economic crisis. Sales fell to 1,620,619 cars in the year to the end of September from 1,652,487 a year earlier. Read more ...
Aug
24th

Beijing Motor Show 2008

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On April 20th, Beijing's 10th auto show opened in the city's new International Exhibition Center. Alternating with the Shanghai Motor Show, Auto China 2008 is the largest auto show in the history of China. Major global auto manufacturers such as the Volkswagen Group and General Motors have listed Auto China as an 'A-level' auto show in line with the five largest auto shows in the world (Frankfurt, Detroit, Geneva, Paris, and Tokyo). Chinese domestic manufacturers have displayed numerous concept car and production cars at the show, led by the government owned SAIC, FAW, and Geely.

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Apr
22nd

Chevy Malibu – the four-cylinder wonder

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The Malibu LTZ will be equipped with a 2.4-liter Ecotec 169 hp engine with a six-speed automatic transmission. General Motors says the new engine will be economic , getting 22 mpg in the city and 32 mpg on the highway

As we all know the Malibu hibrid has 24mpg/32mpg city/highway making the LTZ a very economic car

The four-cylinder Malibu  LTZ will have a base price of $26,245, including shipping .
GM made the decision to add a smaller engine on its top Chevy Maliby model to allow customers to buy a great car with a smaller more economic engine. The original Chevy Malibu LTZ had only the 3.6-liter V6 252 hp engine , but as always with great power comes great consumption

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