Auto News 5

General Motors last night announced plans to be the first major US automaker to manufacture electric motors and said it would spend US$246m on electric motor and electric drive facilities in the US. Full story...

Genii Capital has withdrawn from from bidding for General Motors' Saab unit saying last night "that the timing of the bidding process for Saab is incompatible with implementing a solid business platform for the future." Full story...

General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. Full story...

General Motors chairman and CEO Ed Whiteacre this afternoon told a Detroit press conference he would remain in the chief executive role for the foreseeable future. GM also expected to pay back US and Canadian government loans by June. Full story...

Shares in Spyker Cars soared 30% in early Monday trading to be the lead gainer in Amsterdam and were up over 39.5% just after 12:30GMT on speculation the Dutch luxury sportscar maker is close to a deal to buy Saab from General Motors. Full story...

General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon". Full story...

General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon". Full story...

Up-for-sale GM unit Saab looks highly likely to be sold by General Motors to Dutch luxury sportscar maker Spyker Cars with an announcement expected at 16:30GMT in Detroit. Full story...

General Motors confirmed on Monday afternoon it was continuing to discuss the sale of its Saab unit with Dutch luxury sportscar maker Spyker but declined to elaborate. The announcement by GM chairman and CEO Ed Whiteacre came soon after the bidder said negotiations "must end soon". Full story...

DETROIT - Edward E. Whitacre, Jr., has agreed to continue as chairman and CEO of General Motors, it was announced today. Full story...

Well, at least one outstanding General Motors matter in Europe got finally sorted out this week although that would have come as no comfort to the 2,300 or so workers at the Antwerp plant in Belgium who finally confirmed for sure yesterday their services will soon no longer be required after the usual 'consultations' between automaker, unions and works councils end and they find themselves looking down the barrel of unemployment. Who'd be jobless in this economy, this market? Full story...

2010 Mazda CX-9 Grand Touring

The CX-9's All-Star award from 2008 still shines.

The CX-9 is a nice vehicle, but it's hardly a Mazda. The entire package feels like it could be another one of the General Motors Acadia/Enclave/Traverse crossover trio from the size, to the driving dynamics, to the styling. That's not really a slam; the GM crossovers are fine vehicles-it's just that I expect more character from a Mazda.inline_mediumwraptextright31948248/reviews/editors_notebook/1001_2010_mazda_cx9_grand_touring1001_06_z+2010_mazda_cX-9_grand_touring+front_three_quarter_view.jpgTrue

Photo Gallery: 2010 Mazda CX-9 Grand Touring - Mazda Crossover SUV Review - Automobile Magazine

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Car sales in the so-called BRIC markets of Brazil, Russia, India and China will grow from 19m units last year to 27m units in 2014, according to a study by the Boston Consulting Group with General Motors and Volkswagen in the best position to take advantage of that growth because they are already well-established there. Full story...

As General Motors formulates a business plan for its Opel/Vauxhall operations in Europe, the announcement that its Antwerp plant is to be closed comes as no surprise to many in the industry. Full story...

General Motors on Thursday said it would "wind down" its Opel manufacturing plant in Antwerp, Belgium, "in the course of 2010". Full story...

General Motors on Thursday said it would "wind down" its Opel manufacturing plant in Antwerp, Belgium, "in the course of 2010". Full story...

General Motors on Thursday said it would "wind down" its Opel manufacturing plant in Antwerp, Belgium, "in the course of 2010". Full story...

Representatives of European metalworkers' unions say they are yet to hear from Opel parent General Motors concerning the future of the threatened plant at Antwerp in Belgium. Full story...

Opel parent General Motors on Wednesday declined to comment on media reports it was about to close its plant in Antwerp, Belgium. Full story...

General Motors has paid EUR650m to Opel/Vauxhall to cover engineering services as the division is restructured, the automaker said in a US government filing. Full story...