American NewsAll News
Browse by News Category
New Cadillac Model Coming for 2012
5
Cadillac’s entry-level European BLS Amid all the terrible news coming out of the U.S. auto sector, there are some glimmers of hope… sort of. While General Motors is cutting models and whole brands, it is making a commitment to introduce a new Cadillac model under the CTS. Unfortunately it won’t be the rear-drive 3-Series fighter…
Magna Emerges as Fiat Rival Over Purchase of Opel
Only yesterday it seemed as though Italian car maker Fiat was likely to purchase GM’s European Opel brand, but now a new player has emerged. Magna International, the Austrian-Canadian parts supplier to OEMs like Chrysler, Ford and Mercedes has “announced” plans to purchase a controlling share in Opel. The news didn’t come from Magna, however,…
Chrysler/UAW Agreement Gives Union 55 Percent Share of Automaker
Less than a day after the UAW, Chrysler and Fiat agreed upon the terms of a contract that would keep the struggling U.S. automaker afloat, details of the agreement have surfaced in which the union will take a controlling share in Chrysler. At first it seemed almost too good to be true that all…
General Motors Looking To Toyota For A Shared Platform To Replace Vibe
With news today that the Pontiac brand will in fact be eliminated, General Motors is eager to get working with Toyota to build a new shared platform to replace the Vibe. The Vibe is to GM what the Matrix is to Toyota, and both models come from an evenly shared joint venture known as New United…
R.I.P. Pontiac: General Motors Kills Iconic Brand
As we reported last week, General Motors has indeed made the decision to kill the Pontiac brand. The news comes as a part of a new viability plan (yes… another one) submitted to the federal government today. The new plan will see Pontiac eliminated by the end of 2010, but that’s not all… not by…
Corvette Grand Sport Returns for 2010
Chevrolet has decided to bring back the Corvette Grand Sport for 2010 and thanks to a long list of track-ready features, it certainly lives up to the historic name. The Grand sport replaces the Z51 model and offers performance closer in line to the Z06, thanks to a revised suspension, wider tires, bigger brakes, shorter…
General Motors to Eliminate Pontiac Brand on Monday
As the saying goes, “It’s all over but the crying.” Edmunds is reporting that its source inside General Motors has let slip that the Pontiac brand will officially be eliminated. The announcement is expected to be made next Monday as a part of a more thorough reorganization of the struggling automaker. General Motors PR rep…
Hagerty Announces “Top 10 Cars We Can’t Live Without”
Each year Hagerty, a major insurer of classic cars, releases its “Top 10 Cars We Can’t Live Without,” aiming to point out which current vehicles will become the classics of the future. This year’s list has some big surprises. Despite trouble in the American auto sector, the top 10 are all American machines, with the…
General Motors To Idle Plants for Two Months This Summer
Several major news outlets are reporting that General Motors is planning extended shutdowns of its U.S. plants this summer. The plants would be idled for as much as nine weeks from mid-May through July. While it is common practice for plants to idle for a “summer break” during the sunny season, that period has traditionally…
Dodge Circuit EV First Drive: Our Ironic Earth Day Adventure
To celebrate Earth Day, Chrysler invited a select group of media to the Green Ride N Drive, (held during the SAE Show in Detroit today), to get behind the wheel of the Dodge Circuit EV. So in an act of automotive environmental irony that has to this day only been perpetrated on the planet by…
Ford F-150 SVT Raptor Priced at $38,995
Ford has yet to officially set pricing for the 2010 F-150 SVT Raptor, but Pickuptrucks.com is reporting that the truck will start at $38,995. Ford apparently shared the info with select media attending the Terrible’s 250 at Primm off-road race. The sub-40K price gets you the 320hp 5.4-liter V87 engine with 390 ft-lbs of torque,…
Buick Business MPV Concept Unveiled at Shanghai Auto Show
It’s a well-known fact that the Buick is a dominant force (and growing) in the Chinese marketplace, so it’s no surprise that the traditionally traditional brand used the Shanghai Auto Show to debut an important new concept. The real surprise is that this crossover is anything but traditional. The Buick Business MPV (Multi Purpose Vehicle)…
CAW Burns Nardelli/LaSorda Letter and Responds With Its Own
The Canadian Auto Workers union, after burning the letter written by Chrysler CEO Bob Nardelli and joint-president Tom Lasorda, has now responded with its own statement. CAW president Ken Lewenza denies that a $19 labor gap exists between Canadian and U.S. workers and refuses to re-negotiate a contract that has already been re-neogotiated. Lewenza calls the…
General Motors May Cut Pontiac and GMC After All
When General Motor’s first submitted it’s viability plan to the Obama Administration, Saab, Hummer and Saturn were put on notice, while other brands like Pontiac and GMC (as well as Chevy, Buick and Cadillac) were guaranteed to stay on. There are no guarantees in an economy like this, however, and so both Pontiac and GMC…
Fiat Ready to Walk on Deal With Chrysler After Canadian Union Refuses to Budge
Fiat is about ready to walk away from a potential partnership with Chrysler says CEO Sergio Marchionne unless the U.S. automaker can significantly cut labor costs. While the United Auto Workers union has made it known that it is willing to work with Fiat and Chrysler management, the Canadian Auto Workers union isn’t. “From what…
Group of Investors Looking to Buy Saturn, Transform Dealerships into Retailers for Foreign Cars
A group of investors known as Telesto Ventures has put forward a serious proposal to purchase Saturn from General Motors and turn it into a network of retailers selling vehicles from foreign manufactures. The business plan would have the Saturn continue selling GM-sourced products until 2011 at which point the dealer network would act more…
Corvette GT1 Z06 Not Competing in New York
General Motors used the New York Auto Show to stage the official first showing of its GT1 line of special edition Corvettes. The car wasn’t competing for the spotlight, however, as GM generally ignored the car and instead decided to focus on its new SUVs – like the GMC Terrain and Yukon Denali Hybrid. The…
2011 Jeep Grand Cherokee Gets Gussied Up for New York Auto Show
Jeep chose the New York Auto Show to unveil the all-new 2011 Grand Cherokee, the latest version of the what Jeep calls, “the original premium SUV.” With a pleasant and masculine exterior, the real big difference is inside where the cabin gets a significant update. In fact, the leather on the model shown at the…
Volkswagen to Overtake General Motors as World’s Second-Largest Automaker
Due to a predicted decrease in output at General Motors for 2009, it is expected that the U.S. automaker will be surpassed by German rival Volkswagen AG by the end of this year. The news comes from industry market research firm R.L. Polk Germany and is based on overall production numbers. Polk envisions an annual…
Cadillac CTS-V Nürburgring Record-Holder Up For Auction at Barrett-Jackson
Looking for a real piece of American automotive history? Sure, you could saunter down to the Barrett-Jackson auction in Palm Beach, Fla. this weekend and bid on a classic Corvette that speaks to all that General Motors once was, or… you could bid on a vehicle that was made just last year and is one…
General Motors to Auction-Off 100 More “Heritage Collection” Cars at Barrett-Jackson
General Motors is heading back to the block. No, not the chopping block (not yet)… the auction block. In an effort to trim costs and create a little petty cash, the struggling automaker will send 100 vehicles to the Barrett-Jackson auction in Palm Beach, Fla., which starts this Thursday and runs through the weekend. In…
Yukon Denali Hybrid: Another GMC Set to Debut in N.Y.
General Motors will be putting the focus on its GMC brand at the New York Auto Show, with the launch of the Yukon Denali Hybrid – as well as the new 2010 Terrain. Using GM’s two-mode hybrid system the “green” Yukon Denali boasts city fuel-economy that has been improved by more than 50 percent. Unfortunately…
Ford Pays Down $9.9 Billion In Debt On Road To Economic Recovery
Ford Motor Company has announced huge strides in its efforts to become economically viable. And whether through magic or some sort of wacky accounting that involves proper management of finances, it has done this without federal government aid (aka your tax dollars). Today Ford announced that is has reduced its $25.9 billion debt by more…
2010 GMC Terrain Headed to New York Auto Show
On Friday we brought you news that the 2010 Chevy Equinox will be priced at $1,800 less than the previous model and today we can tell you the Equinox’s sister SUV, the GMC Terrain, is set to launch at the New York Auto Show. There is no official word on pricing but you can expect…
