general motors
WWII Vet Dies In Motorsports Accident After Being Given A Joyride At Texas Motor Speedway
An 87-year old WWII veteran and frequent blood donor was killed in a tragic accident involving a Chevrolet Corvette Z06 that crashed during a lapping day at Texas Motor Speedway. Donald Krusemark died one day after the accident took place. The family declined to comment on the accident, but it is believed that Krusemark was…
Head Of Honda R&D Pessimistic About Electric Vehicles
Tomohiko Kawanabe, Honda‘s president of research & development, expressed doubts about consumer demand for electric vehicles. “We lack confidence,” Kawanabe said in an interview with Automotive News.“It’s questionable whether consumers will accept the annoyances of limited driving range and having to spend time charging them.”Rival automakers like Nissan and General Motors are pushing ahead with…
Corvette Racing Series, Episode 4 Online Now
If you’ve ever heard the Chevrolet Corvette ALMS car, you’ll know that they are far and away the loudest, most evil sounding cars in the field, an impressive feat when you’re competing against Porsche 911s, Aston Martins and open-cockpit prototypes. For a car that sounds like Armageddon, one would expect that being green isn’t exactly a…
General Motors Posts $865 Million Q1 Profit
New models, strong sales and cost cutting measures have put General Motors in the black for the first quarter of 2010. GM posted a $865 million Q1 net profit, after posting staggering losses for five straight years in a row. “We’re pleased with our first quarter performance, in particular achieving profitability,” said Chris Liddell, vice…
Ford To Bring 7-Seater C-Max Minivan To North America
Less than a week after General Motors cancelled plans to bring their Chevrolet Orlando mini-minivan to the United States, Ford announced that their C-Max 7-seater will make the trip across the Atlantic. Built in Valencia, Spain, the C-Max features rear-sliding doors and can be had with either a 1.6L or 2.0L Ecoboost motor. Expect the…
GM and Google Could Partner Up To Battle Ford’s SYNC System
Google and General Motors are reportedly in negotiations to partner on an in-car telematics system that would take aim at Ford and Microsoft’s SYNC system. Rumored to be a derivative of the Android operating system, it would apparently go beyond entertainment and connectivity features and allow owners to unlock and start their cars, something SYNC…
Only 36 Percent Of Pontiac Owners Stay With GM
Pontiac owners are abandoning the brand when it comes time to purchase their next vehicle, according to a report in Automotive News. Pontiac’s moderately priced sedans like the G6, Grand Prix and G8 were affordable transportation for many consumers. With those products gone, all that GMC-Buick dealers (who formerly carried Pontiac products) can offer are…
GM Spending $890 Million on New Engines, Including Direct-Injection Aluminum V8s
General Motors has announced it will invest $890 million in its powertrain facilities, part of which will go towards development of a new generation of powerful and efficient small-block V8 engines. The new engines will be E85 compatible, will use aluminum blocks and will get direct-injection technology. They will also get a new type of…
OnStar Partners with Saab after Break-Up with GM
Brad and Jennifer. Ben and J.Lo. OnStar and General Motors. It’s always sad when a power couple breaks up and goes their separate ways. But it looks like OnStar is going to keep custody of a mutual friend. It turns out that Saab, which GM sold to Dutch sports carmaker Spyker Cars NV in February,…
General Motors to Announce Complete Loan Payback Today
General Motors CEO Ed Whitacre is expected to announce today that the automaker has already paid off all of its $6.7 billion in loans to the U.S. and Canadian governments. Back in November, GM announced it would begin paying back the loans and today Whitacre is scheduled to make the announcement that the remaining $5.8…
NASA and GM to Launch Robot into Space [video]
Some say he dated Princess Leia, that he once punched Neil Armstrong in a bar fight, and he’s deathly afraid of the Canadarm. All we know is that he’s called Robonaut 2. This 300 lb. robot, developed by NASA and General Motors, will blast into space as part of mission STS-133 aboard the space shuttle…
GM Announces Brake Override System for All Vehicles as Massive Brake Recall Looms
General Motors has announced it will expand the use of a brake override system to all eligible cars, just as the National Highway Traffic Safety Administration (NHTSA) has reportedly opened an investigation into brake issues on GM products that could see a recall of up to 6.2 million vehicles. The “enhanced smart pedal” technology will…
Report: General Motors Scouring the Net to Find Your Complaints and Address Them
In an effort to provide better customer support and head off problems before they get out of control, General Motors has created a new “task force” aimed at monitoring social media sites for complaints about GM vehicles and looking to find solutions. A report in the Detroit Free Press highlights the story of one woman,…
GM Developing Twin-Turbo V6 to Rival Ford’s EcoBoost
You knew it would only take time before General Motors took on Ford and its EcoBoost engine, and that time has just about come reports GMInsideNews. According to GMI’s sources inside General Motors, the automaker is currently in development of a 3.0-liter V6 with twin-turbochargers. There’s no word on actual output, but the same sources…
Recall Notice: General Motors Recalls 1.3 Million Chevy Cobalt, Pontiac G5 Models
With the NHTSA likely applying plenty of pressure after it was questioned over Toyota’s recent recalls, General Motors has announced a recall of 1.3 million vehicles due to power steering issues. The recall affects 1.3 million models including the 905,000 Chevrolet Cobalt models in the U.S., assembled for model year 2005-10. The recall also affects…
Hummer Deal Falls Though; GM Announces Brand Wind-Down
Just a day after announcing the successful sale of Saab, General Motors today announced that a deal to sell its Hummer unit of SUVs has fallen through. GM has been negotiating with Sichuan Tengzhong Heavy Industrial Machines Co., Ltd., but today announced in a statement that the Chinese heavy machinery maker was, “unable to complete…
GM Completes Saab Sale to Spyker
General Motors has just announced that the sale of its Swedish Saab unit to Dutch exotic car maker Spyker has been completed. The new company, called Saab Spyker Automobiles, will now begin a new era for Saab, saving thousands of jobs in Sweden and at dealerships in the United States. Saab Spyker will begin to…
Breaking: GM Agrees to Sell Saab to Spyker
General Motors has just announced it has reached an agreement to sell its loss-making Saab division to Dutch exotic car maker Spyker Cars NV. Saab and Spyker will form a new company, Saab Spyker Automobiles and the deal is expected to be finalized in February pending approval by several regulatory bodies and the Swedish government….
Breaking: Saab Sale to Spyker Imminent
Spyker Cars is expected to announced later today that a deal has been reached to purchase Swedish automaker Saab from General Motors. According to Automotive News, a person close to the ongoing talks between GM and Dutch exotic car maker Spyker has leaked the information. Recently investment company Genii Capital, backed by Formula One boss…
Report: Genii-Ecclestone to Offer $1 For Saab
What’s Swedish automaker Saab worth? According to some reports, just $1. Recent rumors have suggested that a partnership between Genii Capital, Formula One boss Bernie Ecclestone and Swedish businessman Lars Carlstrom will offer General Motors one hundred shinny pennies or the loss-making Swedish automaker, saving GM the cost of shutting it down. GM has already…
Report: General Motors Cuts-Off Tiger from Free Cars
General Motors is asking Tiger Woods for its cars back, after an agreement with the golf star ended two weeks ago. A contract between Woods and GM’s Buick brand expired in 2008, but the controversial golfer was allowed access to GM products, including the Cadillac Escalade SUV that he so famously crashed in his Florida…
Breaking: Saab Shutting Down Says General Motors CEO
It’s been said several times before, but GM Chairman and CEO Ed Whitacre today told reporters that the company is shutting down its Swedish Saab unit. “We’re closing down Saab,” he said. “We’re winding it down.” Recently GM hired on wind-down firm AlixPartners, but continued to say that it was evaluating proposals from several interested…
Breaking: GM Hires Firm to Wind-Down Saab, While Continuing to Evaluate Proposals
The future of Saab just became a little more certain today. Or did it? General Motors has released in a statement that it has hired on AlixPartners to oversea the wind-down of its loss-making Saab unit. In other words, GM is planning to close the doors on the Swedish automaker, sending the company into liquidation…
Report: GM Delays Board Meeting, Postpones Saab Decision as a New Bidder Emerges
General Motors has reportedly delayed a board meeting that was to decide the fate of its loss-making Saab unit today, as a new bidder has emerged onto the scene. GM had already postponed Saab’s fate by dropping a self-imposed December 31st deadline in favor of a January 7th one. Now it is giving Spyker, as…
