General Motors
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Earlier this week we reported that GM's Australian performance arm, Holden Special Vehicles, had capped production of its Corvette LS7-powered HSV W427 super-saloon at just 200 units. Now, the performance division is pondering a new halo car that would be price below the limited-edition W427 but that would remain a permanent fixture in its lineup. The interest in the 505hp (375kW) HSV W427, which is based on the Holden Commodore, has inspired the company to branch out to expand its range. The W427 is currently selling for around AUD$150,000 ($102,000) in Australia, however HSV hopes to build...
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Bob Lutz hints at Cadillac plug-in hybrid
The higher-ups at General Motors have been dropping hints that the Cadillac brand may get its own plug-in hybrid vehicle based on the Chevrolet Volt for some time now, but now rumors are emerging that Cadillac may in fact be the first brand (other than Chevrolet) to get the Volt's technology...
Kenneth Hall -
GM releases LNF Turbo Upgrade Kit for Solstice, Sky, HHR
The 2.0L turbo engine internally known as the LNF has been one of GM's unsung heroes over the past several years. Lying at the heart of the Pontiac Solstice GXP, Saturn Sky Redline and HHR SS, the engine generates a very respectable 260hp and 260lb-ft of torque in factory trim. But GM's performance...
Kenneth Hall -
White House considering 'orderly bankruptcy' as an option for GM, Chrysler
Bankruptcy for one or more major carmakers as a solution to the current automotive downturn has been widely reviled as the worst possible alternative for the carmakers themselves and the industry, and economy, in general. But now the White House has revealed that a structured bankruptcy for General...
Nelson Ireson -
Ford to close 10 plants in January
As Chrysler teeters on the brink of total shutdown, and rumors of a merger with General Motors fly about, Ford is adhering closely to its plan to 'rightsize' its operations, chopping production at 10 plants in North America. The closures, which start January 5, will only last a week as part of the...
Ralph Hanson -
GM announces new direct-injection engine range
General Motors has implemented new direct injection technology into the four-cylinder and six-cylinder engines found in the Chevrolet Equinox range, helping the General's 2010 model overtake Ford's Escape crossover in terms of mileage and power. The new Equinox engine range will consist of a 2.4L...
Ralph Hanson -
In a bid to reduce development costs and bring vehicles to dealerships sooner, General Motors is using simulation software to develop software control systems for all of its future powertrains. This method of development allows GM to emulate control systems before being stuck with expensive hardware that doesn't suit its needs, especially in the case of hybrids where the systems must be closely integrated. Unlike conventional combustion engines, hybrid powertrains must be integrated from the beginning to ensure that everything will run smoothly. Because of this, developing hybrid powertrains...
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Pontiac to shed half its lineup in coming years
Pontiac will see half of its models dropped from its current lineup in the next few years, with speculation that the brand could end up with less than three unique middles by the middle of the next decade. Susan Docherty, vice-president of Buick-Pontiac-GMC (BPG) explained that General Motors is...
James Martinez -
GM's Project Driveway fuel cell program rolls past 500,000 miles next week
With all that's going on in Washington lately, the slow economy and a general apathy or even hostility toward the automotive industry, it's nice to see a technological bright spot on the horizon. While it's not a ground-breaking or earth-shattering development, General Motors' fuel cell test fleet...
Ralph Hanson -
Honda, GM announce massive Q1 2009 production cuts
The car market continues to worsen even as the auto loan bill flounders in Washington. Honda and General Motors today have announced huge production cuts for the first quarter of 2009, totaling over one-third of a million cars between the two carmakers. GM says it will be cutting production by...
Nelson Ireson -
GM studying plug-in hybrid recharging infrastructure
General Motors and Spanish energy company Iberdrola have joined forces to determine what is needed in terms of infrastructure to implement a mass embrace of plug-in electric vehicles in the European market. The study will examine how cars will be recharged, and the effect this will have on...
Ralph Hanson -
Senate rejects auto industry bailout plan
The U.S. Senate rejected an emergency bill to provide billions of dollars of aid to the Detroit 3 carmakers late on Thursday, dashing the hopes of General Motors and Chrysler, both of which may run out of cash by the end of the year. "We have not been able to get this over the finish line," Senate...
Viknesh Vijayenthiran -
The U.S. House of Representatives has just passed the $14 billion loan bill and it's now headed to the Senate, but that's not the end of the story. Lawmakers in Sweden have proposed their own aid package, totaling $3.4 billion for their country's auto industry. The primary players there are Saab and Volvo, owned by General Motors and Ford. The Swedish government has made it clear, however, that ownership is not one of the goals of the new legislation. "The measures will be taken with the clear assumption that the state does not intend to acquire any of the existing automotive manufacturers,"...
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Volt development costing GM $750 million
As set out in Maslow's hierarchy of needs, basic survival must first be established before one can move on to worry about the esoteric concerns of philosophy, morality or ethics. In an odd twist of logic, however, America's car companies have been forced to premise their immediate survival on their...
Nelson Ireson -
Iacocca, Lutz speak out on possible Wagoner ousting
Rick Wagoner could be spending his final few days as CEO of General Motors if Senator Chris Dodd of Connecticut and his supporters have their way. Already speculation as to which of the world's proven corporate leaders could take Wagoner's place at the helm of the struggling automotive giant has...
Nelson Ireson -
GM, Chrysler bankruptcy up to 400% more expensive than bridge loans, says study
If you listen to the CEOs and PR spin-doctors, bankruptcy has never been an option for America's carmakers, despite behind-the-scenes talk of 'Plan B' scenarios. It turns out that such aversion to bankruptcy isn't just head-in-the-sand reactionary behavior. If General Motors and Chrysler were to...
Nelson Ireson -
Report: UAW seeking seat on GM board
The UAW is reportedly seeking a major stake in General Motors as well as a seat on its board in return for making concessions under the carmaker’s latest restructuring proposal presented to Congress last week. The latest news contradicts statements from UAW president Ron Gettelfinger, who...
Viknesh Vijayenthiran -
GM renews commitment to American people
No one in the U.S. can reasonably be unaware of the current condition of the U.S. car market or its primary domestic companies. The carmakers' current pleas to the U.S. Congress for federal loan packages to help prevent bankruptcy - or worse - are the focal point of even mainstream news coverage of...
Nelson Ireson -
A decision on the U.S. government's loan package is expected to come from Congress sometime today, but already carmakers are approaching the Canadian government, seeking more aid. The $6.8 billion sought from Canada would still fall short of the $25 billion originally asked for from Congress, even when added to the expected $15 billion loan package. “North American economic conditions now make it necessary for us to seek government assistance to sustain our business and supply chain,” said Arturo Elias, president of General Motors Canada. The total of about $22 billion falls even...
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European launch for Chevrolet Cruze on track for April 2009
While General Motors’ financial strife may be putting many of its development plans on the back burner for now, a statement from Chevrolet's European Executive Director confirms that the upcoming Chevrolet Cruze will remain on schedule for its debut in the European market in just a few...
Viknesh Vijayenthiran -
GM announces additional 2,000 job cuts, compiling vehicle death list
General Motors has confirmed that it will cut an additional 2,000 factory jobs at three of its North American plants early next year, while at the same time asking Congress for a federal bailout package of up to $18 billion. GM Spokesman Chris Lee told the Detroit Free Press that the company is...
Viknesh Vijayenthiran -
Washington: Automakers, Senators working on solution
The CEOs of America's major carmakers, before the Senate Banking, Housing and Urban Affairs committee today, are acknowledging their past shortcomings but also projecting future strategies based on lessons learned. Lawmakers thus far appear to be more receptive to the idea of loans now that the...
Nelson Ireson -
GM CEO will head to Washington in a Chevrolet Volt
Previously we reported that GM CEO Rick Wagoner would be driving a Malibu hybrid to Washington for this week's auto industry bailout hearings, however it has come to light that he will actually be driving the company's much anticipated Chevrolet Volt plug-in hybrid. Wagoner will be driving a...
Ralph Hanson -
GM will decide Saab's fate quickly, Sweden willing to help, but not buy
Yesterday all three of America's major carmakers revealed their future plans to Congress, and a part of General Motors' was the possible sale of Saab. While the brand is still being reviewed, and no decisions have yet been made, GM says it will make the choice to keep or sell quickly. "We will work...
Nelson Ireson