Latest General Motors News 
Koenigsegg pulls out of the Saab purchase
The proposed sale of Saab to Koenigsegg Group AB has been terminated at the discretion of the buyer, said General Motors. "We're obviously very disappointed with the decision to pull out of the Saab purchase," said GM President and CEO, Fritz Henderson. "Many have worked tirelessly over the past several months to create a sustainable plan for the future of Saab by selling the brand and its manufacturing interests to Koenigsegg Group AB. Given... [more]
Tengzhong acquires HUMMER from General Motors
General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd have entered into a definitive agreement that will allow Tengzhong to acquire GM’s premium all-terrain HUMMER brand. Under the terms of the definitive agreement, the buyer will acquire the ownership of the HUMMER brand, trademark and tradenames, as well as specific IP license rights necessary for the manufacture of HUMMER vehicles. The buyer will also assume the existin... [more]
Chevrolet Cruze the most important car in GM history
GM executives are calling the Chevrolet Cruze, its new C-segment saloon, “the most important car in our history.” While the car has nothing like the hi-tech content of the Volt, GM believes their new four-door sedan is the car that can help steer the company through the Credit Crunch. It’s a truly global car – designed and engineered by GM-Daewoo in Korea. It’s effectively the replacement for the Lacetti, but it’s a lot more than that, both in... [more]
The GM Volt small petrol engine acts as a generator for the extended range electric vehicle
The GM Volt is an extended-range electric vehicle. It has an electric motor and a conventional engine, so it can’t be classified as a zero-emissions vehicle. “It’s an electric vehicle,” states Johan Willens, GM’s global director of advanced propulsion and environmental communications. “The electric motor drives the wheels at all times.” It has a 16KwH Lithium Ion battery pack that gives the Volt a range of around 40 miles – sufficient for mos... [more]
Corvette ZR1 from £109,000
The 205 mph Corvette ZR1, available to order from UK Corvette retailers from October 2008, will be priced from £109,000 on-the-road. The fastest ever car from General Motors is the best value 200+ mph supercar on sale in the UK. GM has confirmed just two Corvette ZR1s will be delivered in 2008 and only single digit volumes will be available to order for delivery in 2009. Each customer of the ultra-exclusive ZR1 will receive an invitation ... [more]
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General Motors in the news
TMAT Ltd Gets General Motors’ Green Light
CHESTERFIELD, England--(BUSINESSWIRE)-- TMAT Ltd a multi-national manufacturer of acoustic components for the ACE (agricultural-construction-earthmoving) markets has been given the all clear to be an approved ...
General Motors given no special deal over Astra: Britain
LONDON (REUTERS) - Britain said it had not offered General Motors (GM) any special treatment to persuade it to build the next generation of its Astra compact in England rather than Germany.
General Motors won't buy ad spots for next year's Super Bowl
General Motors will not advertise during next year's Super Bowl, a top executive has announced.
Sewell Cadillac Dealerships Awarded Top Honors By General Motors
DALLAS, May 21, 2012 /PRNewswire/ -- General Motors recently recognized Sewell Automotive Companies with a pair of prominent national awards, revealing that both Dallas-Fort Worth area Sewell Cadillac ...
The Zacks Analyst Blog Highlights: Facebook, Apple, General Motors, Netflix and Green Mountain
CHICAGO, May 21, 2012 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks ...
General Motors plans to introduce a small SUV called the Chevrolet Trax in Mexico and Canada
General Motors plans to introduce a small SUV called the Chevrolet Trax in a key addition to its foreign product mix. The vehicle, which is to be introduced at the Paris auto show in September, will be available in showrooms in Mexico and Canada starting in the fourth quarter. The five-seat Trax won't be sold in the U.S. because it's similar in size to the Chevrolet Equinox.
General Motors Won’t Roll Ads During Super Bowl … Costs Too Much!
*The car industry is doing better, but they are still trying to find consistency in their financial status. The Big Three are cutting corners and ads are a part of those cutbacks. Even if they do some extreme couponing, it looks like at least one of them won’t be able to afford ads during one [...]
Toyota Motor overtakes General Motors, regains number one spot
Toyota Motor regained its position as the world's number 1 automaker in the Ist quarter of 2012, stealing back the lead from GM.
UK Government Denies Illegal Promises Were Made to Opel and General Motors: Report
The UK government may have made illegal promises to General Motors Co. (NYSE: GM) to shift production of the Astra compact car to its Opel/Astra plant in England from locations in Germany, reports said.
Britain says GM given no special deal over Astra
LONDON (Reuters) - Britain said it had not offered General Motors any special treatment to persuade it to build the next generation of its Astra compact in England rather than Germany. General Motors, which operates under the Vauxhall brand in Britain, said last week it would build the car in the UK after workers at its factory in Ellesmere Port, north-west England, agreed a new labour deal. The ...
