General Motors

Once again General Motors is issuing a warning that it may run out of cash. How, you might wonder, considering the billions in taxpayer dollars that have already been pumped into the company? It's unfortunately very simple: GM is still playing catchup with its debt, and all the money spent so far...

Swedish carmakers Saab and Volvo are in a similar predicament. One is owned by struggling Detroit carmaker General Motors and the other by Ford, and both are being spun-off from their respective parent companies in light of significant losses over the past couple of years. For Saab, GM simply cut...

General Motors has confirmed that Pontiac's struggling Torrent SUV will be canned this week due to poor sales and a need to remarket the brand as a lineup that specializes in cars. The news comes from the company’s North American vice-president of Buick, Pontiac and GMC, Susan Docherty, who...

People aren't buying new cars. It's really that simple in a lot of ways; the economy is down, the future is uncertain and no one wants to bet their house that they'll still have a job in six months. So Chrysler has been going wild with incentives to try to prop up sales in a market that just...

General Motors ambitious viability plan announced a fortnight ago called for up to $16.6 billion in additional aid and the reduction of more than 47,000 jobs across the company’s global resources, but there was another major announcement in the plan that went largely unnoticed. GM also...

General Motors' Volt and the plug-in hybrid technology behind it has come under fire in the press recently, with critics accusing the car of being too expensive and too inefficient to justify its purchase over a standard hybrid. The argument goes that real-world efficiency of a plug-in hybrid isn't...

Holden has given us a preview of its future small car plans with the unveiling of its own version of the Cruze compact sedan at the Melbourne Motor Show today. As most of you would know, the Cruze is General Motors’ new global small car and has already been launched in South Korea. The Aussie...

Earlier this week Saab announced its independence from General Motors with optimism, but today the carmaker has been forced by Sweden's Customs Office to cease production and delivery of cars because it hasn't paid the required fees. The Trollhattan plant has stopped production temporarily, though...

The solipsism of American media has a way of quietly filtering out much of the rest of the world, but the car industry is in a pinch just about everywhere. Nowhere is that picture clearer than in Sweden where ailing carmakers Saab and Volvo have been seeking government aid for months. Today word...

Earlier this month General Motors announced that it was putting plans for the construction of a new engine plant in Flint, Michigan, on hold. The plant was to build a new range of 1.4L four-cylinder powertrains for cars like the Chevrolet Volt and Cruze, but a company spokesperson has now revealed...

Desperate times call for desperate measures and at Chrysler it appears every option is on the table. The Auburn Hills carmaker has been tied with at least five major carmakers in the past six months, even coming close to a merger with Detroit rival General Motors. While such a move may seem a...

Yesterday’s grim news that General Motors had decided to pull the plug on its High Performance Vehicle Operations (HPVO) caused shockwaves around performance circles, with many believing some of the company’s top sports cars, both current and future, could meet their demise. The HPVO is...

In what may come as a surprise to many, General Motors has decided to disband its High Performance Vehicle Operations (HPVO) as it seeks to reduce costs and focus on mainstream products. The go-fast center consisted of a small skunk works of GM engineers who worked in the company’s suburban...

Just as Chrysler previewed its next-gen 300 sedan and Jeep Grand Cherokee in its viability plan submitted to the U.S. Treasury today, General Motors, too, in its own plan, revealed the final design of the upcoming Cadillac CTS Coupe. Apart from this official image, the only other details revealed...

Chrysler’s request for an additional $2 billion in government funded loans in its latest viability proposal looks trivial compared to the $16.6 billion requested by General Motors today in front of the U.S. Treasury. Without this funding GM says it could run out of money as early as next...

Chevrolet is planning to expand into the seven-seater MPV market with an all-new model designed as a replacement for the Tacuma (a Daewoo model that was later rebadged a Chevy). Unlike the previous Tacuma, the new model is tipped to be manufactured in the U.S. and may be offered with a hybrid...

Tough times are a unifying theme of the economic and sales reports of the last six months, especially in the car industry. Finding ways to pull itself up by the bootstraps is proving harder than imagined by some, but the effort is pushing the Detroit 3 to consider a window of opportunity in Asia...

President Obama and his administration has made much political hay over the impending disaster that could befall the U.S. economy barring swift action. Today Obama called directly on the American auto industry for a clear plan for viability so the government could step up its aid. Speaking with...

General Motors has released a new video showcasing the vehicles that will star as the Autobots in the upcoming sequel to last year’s Transformers movie. The new movie will be called Transformers: Revenge of the Fallen and it is set to open across the U.S. on June 26. The latest teaser clip...

One of the harder things about designing a new car is making it sufficiently futuristic that it's actually current when it finally makes it to market. Then the struggle becomes keeping it fresh and relevant - in terms of not just design, but capability and features. Chevrolet thinks it has a winner...