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Jul
8th

US: GM to sell Nexteer Automotive to PCM

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General Motors is to sell its Nexteer Automotive global steering and halfshaft operations to Chinese operation Pacific Century Motors (PCM). Full story...
Jul
7th

GM agrees to sell Nexteer steering unit to Chinese investment group

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General Motors Co. has agreed to sell its Nexteer Automotive steering-parts business to China's Pacific Century Motors, part-owned by Beijing's municipal government. Full story...
Jul
7th

BRAZIL: GM sets its sights on 1m sales a year by 2014

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General Motors said it expects its sales in Brazil to grow by 68% to 1m vehicles a year by 2014 as consumers grow richer and the currency gains in strength. Full story...
Jul
7th

Opel CEO promises to repair brand’s damaged image in Germany

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Opel plans to act swiftly, cleverly and patiently to win back car buyers in its home market, the boss of the struggling General Motors Co. subsidiary said. 'We need to rebuild the image in Germany,' Opel/Vauxhall CEO Nick Reilly said. Full story...
Jul
6th

Five Supercharged Tuner Camaros

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Five Supercharged Tuner Camaros
Five Supercharged Tuner Camaros - Automobile Magazine
Can't wait for a Z28 Camaro? Check out what these tuners have to offer.

Chevrolet may be working on a hot Z28 Camaro, but for those who are sick of waiting for General Motors to launch the beast, we've come up with a few alternatives.


Photo Gallery: Five Supercharged Tuner Camaros - Automobile Magazine


Full story...
Jul
6th

CANADA: Detroit pummels importers in June

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Toyota Motor's Canadian unit said on Monday its June sales dropped 13.8% year on year while General Motors said Canadian sales rose 15.2%. Full story...
Jul
6th

Spyker Has Paid Off GM For The Saab Brand

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Zeewolde, the Netherlands - Spyker Cars N.V., manufacturer of premium automobiles under the Saab and Spyker brands, today confirmed it has paid the second and final instalment of the purchase price for Saab Automobile AB (''Saab'') to General Motors (''GM''). Full story...
Jul
5th

NETHERLANDS: Spyker makes final payment for Saab

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Spyker Cars used internal funding rather than external debt to pay General Motors the final us$24m purchase price for Saab, the company said, ending concern over how it would foot the bill. Full story...
Jul
5th

Spyker avoids more debt in final Saab payment

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Spyker used internal funding rather than external debt to pay General Motors the final $24 million purchase price for Saab, ending concern over how it would foot the bill. Full story...
Jul
2nd

GM gives $6.66 million in stock to top executives

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General Motors Co. gave stock valued at $6.66 million to 14 top managers, including $1.33 million worth to CEO Ed Whitacre. The 123,347 shares were valued at $53. Full story...
Jul
2nd

GM in talks with banks on $5 billion credit line

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General Motors Co. is in talks with banks to secure a $5 billion credit revolver as it prepares to file for a possible public stock offering this year, a source familiar with the plan said today. Full story...
Jul
2nd

CHINA: GM and JVs set sales records

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General Motors and its joint ventures set new marks for unit sales in China in the month of June and for the first half of the year, the automaker said. Sales in June rose 23.2% on an annual basis to 176,486 units. For the first half, sales were up 48.5% from the same period in 2009 to 1,209,138 units. Full story...
Jul
2nd

GM plans to build 10,000 Volts next year

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General Motors Co. will build 10,000 Chevrolet Volts by the end of 2011 and 30,000 more in 2012, said Tony DiSalle, marketing director for the Volt. Full story...
Jul
1st

GM plans to build 10,000 Volts next year

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General Motors Co. will build 10,000 Chevrolet Volts by the end of 2011 and 30,000 more in 2012, said Tony DiSalle, marketing director for the Volt. Full story...
Jul
1st

UK: Cable hails GBP100m GM investment

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New UK business secretary Vince Cable has welcomed news that General Motors has signed a series of deals worth more than GBP100m (US$151m). Full story...
Jul
1st

GERMANY: GM pushes European EV simplicity

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General Motors has cautiously welcomed the European Union's decision to develop common charging systems for electric cars although it highlights the need not to add complexity. Full story...
Jun
30th

GM to expand Volt launch markets to include New York, Texas, report says:

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General Motors Co. is expanding the launch of the Chevrolet Volt hybrid car to markets in the New York region and Austin, Texas, the Wall Street Journal reported on Wednesday. Full story...
Jun
30th

Europe to get new Chevy truck from Thailand

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General Motors Co. plans to build a new mid-sized Chevrolet truck in Thailand for export to Europe and parts of Southeast Asia as the brand makes its first push into the two regional pickup markets. Full story...
Jun
30th

UK: SMMT optimistic Ampera will be sited in Britain

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UK motor industry representatives are optimistic General Motors will place the manufacture of its Ampera (European version of the Chevy Volt) in Britain, following the start of Toyota's new Auris hybrid production in the country this week. Full story...
Jun
30th

RUSSIA: GM plant starts Astra production

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General Motors' plant in St Petersburg, Russia, on Tuesday started production of Opel Astra new-generation five-door hatchbacks, the plant's CEO Hans Juergen Michel said. Full story...
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