General Motors
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I didn't say it, they did. Click Here. PRESS RELEASE: FOR RELEASE: 2009-04-27 GM Accelerates its Reinvention as a Leaner, More Viable Company Updated Viability Plan Speeds, Deepens Restructuring of U.S. Operations DETROIT -- General Motors (NYSE: GM) today presented an updated Viability Plan that will speed the reinvention of GM's U.S. operations into a leaner, more customer-focused, and more cost-competitive automaker. The Viability Plan is included in an exchange offer whereby GM is offering certain bondholders shares of GM common stock and accrued interest in exchange for certain outstanding notes. Revised Viability Plan goes…
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Given that the Opel-Saturn thing isn't working as planned why not have Saturn take over the G6's new fleet queen role? Saturn could be GM's mostly fleet (75%?) brand to protect the Chevy and Buick resale values, image. Saturn has a weak image and the image that it has is "budget." Pontiac could be freed to offer 2 cars: the Solstice and G8. Maybe a Kappa based sport sedan later. The Sky gets axed. http://online.wsj.com/article/SB1204568746...=googlenews_wsj Eight-Brand Pileup Dents GM's Turnaround Efforts By JOHN D. STOLL March 4, 2008; Page B1 Michael Maguire has mixed feelings about General Motors Corp.'s coming launch of the Chevrolet Traverse, a seve…
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Just Announced...Chrysler to begin employee discount to everyone beginning July 1st. Will GM follow suit, or risk further market share loss? What options are available besides a similar brand eroding program? In my opinion, of course, the answer is Return to Greatness. Most likely, according to sources is Zero for 72. Any other suggestions? Buickman
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Automotive News November 26, 2008 - 6:32 pm ET DETROIT -- General Motors is studying the idea of killing the Saab, Saturn and Pontiac brands as it seeks U.S. rescue loans, Bloomberg News reported today. Bloomberg cited unnamed sources. A GM spokesman declined comment, the news service said. The automaker is preparing to submit a detailed turnaround plan to Congress on Tuesday, followed by hearings next week in its quest for a federal loan to avert a cash shortage. GM already has said it may sell Hummer. GM's board will meet Sunday and Monday, both regularly scheduled meetings, to review the plan to be presented to Congress, Bloomberg said. Only a small porti…
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Talk about a mess? To give States the right to set their own standards is a problem even if there were only a few states involved but to give all states this right is a problem not only for a strucggling Detroit but also Japan. To give the auto industry a bail out then to sign a deal like this would be so counter productive. Obama may not have shown great judgment in some things in the past but even he should see the problems involved with an ailing industry and economy that will effect him. The sad part is something like this could get signed in this week and the vast majority of people will never know what it means to them or how it will effect them till it is …
Last reply by regfootball, -
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GENERAL WATCH NEWS As was well known prior to the Annual Stockholders' Meeting, the call was made for Rick Wagoner to resign, based upon his record. Security at the event refused to allow distribution of the following report to fellow shareholders. At the conclusion, a line formed to receive the material. Here it is for your review. For a transcript of the meeting call 313-556-5000 and ask for shareholder relations. More soon... GENERAL MOTORS RETURN to GREATNESS ____________________ FOUR PILLARS For Market Share ____________________ Customer Long Term Care Dealer Training Company Policy Veteran Involvement THE PLAN…
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On Wednesday, General Motors invited a number of media to their tech center in Warren, MI for their EV Day event. The company is making a big bet on electric vehicles with 11 new vehicles rolling out by 2025, featuring a new electric modular platform and battery tech. Here's what we know. Third-Generation Electric Vehicle Platform Underpinning this massive push is GM's new third-generation EV platform (BEV3). The new platform was designed to provide flexibility for different vehicle types - ranging from compact cars to pickup trucks. Battery packs are designed to be mounted beneath the passenger compartment to allow for a lower center of gravity. This results in more…
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http://www.leftlanenews.com/gm-officially-...uick-model.html
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Sold Out: Saturn Sky, Pontiac Solstice and Chevrolet Corvette Are All Spoken For This Year Date posted: 04-20-2006 NEW YORK — General Motors may have posted its sixth straight quarterly loss on Wednesday, but many of its low-volume sports cars, including the yet-to-be-launched 2007 Saturn Sky, are already sold out for this year, according to GM Vice-Chairman Bob Lutz. In a speech in New York, the GM executive said in reference to the Sky, "All available production for 2006 is accounted for." The Sky shares its platform with GM's other popular roadster, the Pontiac Solstice. Lutz said the Solstice has the best turn rate of any vehicle in its segment and that the car i…
Last reply by heintz, -
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Official: Saturn is Dead, Pontiac is a Ghost Is that the sound of GM executives putting on their flame-retardant jumpsuits? Link to original Article @ Jalopnik smallchevy: Here is the full WSJ Article
Last reply by Blake Noble, -
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Bloomberg article By Doron Levin and Jeff Green March 29 (Bloomberg) -- General Motors Corp. Chief Executive Officer Rick Wagoner will step down after more than eight years running the largest U.S. automaker, people familiar with the situation said. The people, who asked not to be named because the announcement hasn’t been made, didn’t give a reason why Wagoner, 56, is leaving. Wagoner said as recently as April 19 that he didn’t plan to resign. To contact the reporters on this story: Doron Levin in Southfield, Michigan, at dlevin5@bloomberg.net; Jeff Green in Southfield, Michigan at jgreen16@bloomberg.net
Last reply by enzl, -
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This morning, General Motors announced an overhaul of its operations in 2019 which will involve cutting more than 10,000 workers and possibly closing five plants by the end of the year. GM said the cuts should boost cash flow by six billion by the end of 2020. “The actions we are taking today continue our transformation to be highly agile, resilient and profitable, while giving us the flexibility to invest in the future. We recognize the need to stay in front of changing market conditions and customer preferences to position our company for long-term success,” said GM Chairman and CEO Mary Barra in a statement. The plants up for possible closure are, Detroit…
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As Cadillac's renaissance enters Phase Two, can its products really compete against the best from BMW, AMG Mercedes and Lexus? By DAN CARNEY Email Date posted: 05-11-2006 Since the launch of Cadillac's revitalized models such as the Escalade and the CTS, the company has promised to return to its one-time benchmark, "The Standard of the World." Today, that means beating competition from BMW (including the company's M performance division), Mercedes-Benz (likewise AMG) and Lexus. The thinking at GM goes like this: If the company can take on the likes of the BMW M5, Mercedes' SL65 AMG and Lexus' LX 470 SUV, then surely the company's other brands can beat their respective…
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General Motors has just revealed the plan it has submitted to Congress today, and the details show just how far the largest U.S. automaker is willing to go in order to secure bridge loans from the federal government. The plan includes selling Saab, possibly killing Saturn and scaling back Pontiac, as well as reducing dealers and shedding more workers, among other things. Here's the breakdown... Focus on "core brands": Chevrolet, Buick, GMC and Cadillac Launch predominately high mileage, energy-efficient cars and crossovers Sell Saab, HUMMER Sell or kill Saturn Reduce Pontiac to a "niche" brand Trim dealerships from 6,450 to 4,700 Reopen ta…
Last reply by CARBIZ, -
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GM agreed to continue production of the Impala , (which was to have ended in 2010) through 2012 at its Oshawa plant. :More right here.
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LINK
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I'm hearing increasing chatter regarding the 2008MY GMX386 on Global Epsilon. Backroom channels, scrawling on the walls of secret passages, notes between homeroom and first period, smoke signals, that sort of thing. Internal GM plans (as recently as September 2005) were showing a very green October 2007 launch. Hands on the wheel. Eyes on the road. It seems the eternal footman was recently spotted in the area of this bedrock program. No coat was seen in hand. Not the hint of a snicker. Yet, there he was, inexplicably peering in its darkened windows, fogging up the front passenger window, kicking tires, tracing his fingers along the sheetmetal. What WAS he do…
Last reply by turbo200, -
Link Next Significant Step in GM's North American Turnaround Plan 9 Assembly, Stamping & Powertrain Facilities, 3 SPO Facilities to Cease Operations Total Reduction of 30,000 Positions Total Cost Reduction Running Rate of $7 Billion by End of 2006 DETROIT - General Motors will undergo a wide-ranging restructuring of its manufacturing operations in the United States and Canada as part of its comprehensive four-point plan to return the company to profitability and long-term growth, GM Chairman and CEO Rick Wagoner announced today. GM's next step in its North American turnaround plan addresses its ongoing capacity utilization, a major compon…
Last reply by turbo200, -
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Link to article is Here So two things in this article suprise me a little. One is that GM is finally admitting to themselves and the world that the shift to smaller vehicles is likely permanent. The second is that they are considering selling the Hummer brand. I think that would be great if they could dump it.
Last reply by ShadowDog, -
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It appears the proverbial "it" will hit the fan tomorrow morning, young and old a like at all levels of the org chart will be told to leave. Select GM 8th level and above managers will be shown the door. Black Tuesday is designed to shake things up at General Motors. I am lead to believe that app. 2,700 employees will be let go thougout the organization, including managers this time. This is not a random firing. Every employee has a number assigned to them. A lot of this will be kept quiet for fear of potential law suits as a result of GM's actions.
Last reply by Camino LS6, -
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AP Tracinda: Nissan, Renault Want GM Stake Friday June 30, 9:29 am ET Renault and Nissan Want Stake in GM, According to Investor Kerkorian's Tracinda Corp. NEW YORK (AP) -- Automakers Renault SA and Nissan Motor Co. are interested in purchasing a significant stake in General Motors Corp. and including the struggling automaker in their alliance, according to a letter sent Friday to GM from billionaire investor Kirk Kerkorian's investment company. Shares of GM jumped $3.22, or 11.7 percent, to $30.66 in pre-market trading, having closed Thursday at $27.44 on the NYSE. The letter from Kerkorian's investment company, Tracinda Corp., said it believes Renault and Nissan a…
Last reply by GEESIXER, -
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http://www.automochatter.com/forum/showthread.php?t=738 General Motors has put a hold on future rear-wheel-drive vehicles. "We've pushed the pause button. It's no longer full speed ahead," Vice Chairman Bob Lutz revealed in an interview. Two of the most important RWD cars in the works are the Chevy Camaro sports coupe due back late in 2008 and the full-size, RWD replacement for the Chevy Impala sedan for 2009. Both are expected to be huge sellers and contribute major profits to a GM till burdened with IOUs the last few years. "It's too late to stop Camaro, but anything after that is questionable or on the bubble," said Lutz, noting that also means Camaro derivatives -…
Last reply by Drew Dowdell, -
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RENAULT-NISSAN BOSS PREDICTS RECOVERY FOR GM 1 2 3 4
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NEW YORK, April 12, 2006 (AFP) - Celebrated auto boss Carlos Ghosn, who knows something about resurrecting dying car companies, predicted Wednesday that troubled US giants General Motors and Ford would recover and prosper. The Brazilian-born Frenchman, who rescued Japan's Nissan Motor from bankruptcy, dismissed speculation of GM's imminent demise as the world's biggest carmaker struggles to reverse huge losses and falling US sales. "I don't think so," he told the CNBC network from the New York International Automobile Show when asked if GM could go bankrupt. "I think there is a lot of potential and the car manufacturer can come (back) from any situation, as…
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DETROIT — General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the auto industry by reducing the Big Three of Detroit automakers to the Big Two. The talks between G.M. and Cerberus Capital Management, the private equity firm that owns Chrysler, began more than a month ago, and the negotiations are not certain to produce a deal. Two people close to the process said the chances of a merger were “50-50” as of Friday and would most likely still take weeks to work out. A merger would be a historic event, with two of the most iconic names in American industry coming together to survive in an incr…
Last reply by CARBIZ, -
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Here is a Pdf of the ballyhooed Delphi-UAW letter: http://www.futureoftheunion.com/docs/uaw/o...updatefront.jpg http://www.futureoftheunion.com/docs/uaw/o...rupdateback.jpg I have to say I've been sitting on similar stuff for a very very long time, but cannot go into detail. This is coming to a head, folks. Pretty much everything's in the public domain now, whether it be (paid) Wall Street analyst reports, mainstream media, or "futureoftheunion". Automotive News is now reporting: http://www.autonews.com/news.cms?newsId=13500 There is going to be a lot of sensational reporting in the coming days and weeks. Yet what I think the situation req…
Last reply by daves87rs, -
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By BYRON MATHIOUDAKIS 16 January 2008 GENERAL MOTORS has confirmed that a VE Commodore-based Monaro is a non-starter for now, as Holden is set to lead any pending development of the smaller rear-drive Torana. Speaking at the North American International Auto Show in Detroit, GM ‘car czar’ Bob Lutz sounded the Monaro’s death knell loud and clear. “I think (the Monaro/Pontiac GTO) is gone for now,” Mr Lutz said. “We’ve got nothing in the product plan right now like that. We’d like to have, but you can’t do everything.” However, the ebullient senior GM executive then went on to raise hopes that the Holden-developed but Canadian-built Chevrolet Camaro – due to be la…
Last reply by turbo200, -
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GM Minivan Plans Panned General Motors Corp. may be bowing out of the minivan business. Faced with a steep drop in demand for the family vehicles, GM confirmed Tuesday that it has scrapped plans to build new minivan models that would have debuted as early as 2009 under Chevrolet, Saturn and other nameplates. While GM declined to comment on future vehicle plans, company insiders told The Detroit News that the company has no immediate plans to build minivans after it closes its last minivan-producing plant. The Doraville, Ga., plant builds the slow-selling Chevrolet Uplander and Buick Terraza minivans. It recently stopped producing the Saturn Relay. The Detroit News
Last reply by DetroitNut90, -
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According to an unnamed source speaking with Reuters, General Motors "is in 'intense' and 'earnest' preparations for a possible bankruptcy filing." The report states that GM could be split into two separate entities; one "new" unit consisting of the General's successful brands (read: Chevrolet and Cadillac) and an "old" unit made up of its less-profitable endeavors (Hummer, Saab, Pontiac and Saturn). If the plan is enacted, the all-new GM would assume some of the debt from the bankruptcy (primarily, unsecured debt) and that GM's bondholders would lose a substantial amount of value if the Chapter 11 filings go through. Naturally, neither source wished to be named, so thi…
Last reply by Camino LS6, -
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From the ever-interesting Autoblog website: GM RWD Update: FWD Impala remains, Zeta to merge with Sigma Enjoy and discuss!
Last reply by Croc, -
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One can only hope!
Last reply by FUTURE_OF_GM, -
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GM may kill another brand , did anybody say Pontiac? Also delays GMT 900 replacements. 1 2 3 4
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General Motors Corp is delaying the redesign of SUV's and full size trucks as part of a wholesale review of its product and brand portfolio geared toward building lighter , fuel-efficient vehicles. General Motors is looking at the whole product profolio,'' spokesman Tom Wilkinson said late Wensday. In the meantime, he said the automaker will extend the life cycle of its current linup of pickups and SUV's. Those vehicles know as the GMT900 lineup. The next generation of trucks and SUV's weren't slated to hit the market until at least 2012,. People briefed on the matter say the automaker also has discussed killing off at least one future Hummer SUV product , and poten…
Last reply by haypops, -
Ok, I'm sure everyone remembers the thread on the NG Malibu. It was quite the hot topic... but their were lots of conflicting reports from various insiders. So, I ask anybody out there what the latest word is? Is the NG Malibu still on for Epsilon I or did GM delay it to redo it for the Epsilon II platform or cancel it all together? Will GM ever put a rush on things for their mainstream cars and not SUVs or niche vehicles? How far along are they? The new Malibu can't come soon enough IMO. Structurally, I believe the current car is of quality but design wise I've never liked it--interior or exterior. Any updates, hints, answers are welcome. Thanks in advanc…
Last reply by Croc, -
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Our friends over at Pickuptruck.com have learned that Pontiac will debut a production-ready ST pickup at this year's New York Auto Show in late March. The Pontiac ST pickup is based on the Holden VE Ute that recently debuted in Australia, and since development of the vehicle consists mainly of grafting the Pontiac G8 front clip onto the Holden VE Ute, the business case for the vehicle is a no-brainer. What did stand between the Pontiac ST pickup and production was the U.S. exchange rate between the Australian and U.S. dollar, but apparently the difference isn't as bad as once thought and the price of the ST won't be out of reach for its target market. Pickuptruck.com also…
Last reply by MrHorsePower, -
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There are many varying opinions about what will happen to GM in the future. Auto analyst Maryann Keller has given her thoughts to a group of Virginia auto dealers. Among other statements, she believs that Pontiac and Buick will "disappear within the next five years." To view the entire article, click here.
Last reply by Mr.Krinkle, -
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Link: http://www.detnews.com/2005/autosinsider/0.../A01-289731.htm
Last reply by Fiero88, -
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I love GM and their cars or I wouldn't be here. As well as they have treated me and my parents, I doubt I am going elsewhere. Needless to say, all of the bad press has left me in a funk, feeling a little perplexed...and analytical. So, one has to think of what may be going south at GM. I voted for QC but think it is both this and cost control. I read Consumer Reports. I look at how Toyota steals the show with an uninterrupted parade of "red dots" for the various systems in their cars over the years (Buyer's Guide, et al.). I then look at Cadillac and will see either a partial or a full black dot for some components...and in recent years, no less. …
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here
Last reply by haypops, -
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G. Noble Editor/Reporter - CheersandGears.com April 10th, 2012 Yesterday evening, we reported on a few statements GM North American President Mark Reuss made to Australia’s GoAuto at this month’s New York Auto Show. Reuss briefly discussed with GoAuto concerns about the Zeta platform’s viability and what could be in store for the Australian Holden Commodore sedan. As it turns out though, GoAuto wasn’t the only auto-centric Aussie establishment itching to get a crack at Reuss. Australian car magazine Drive spoke to Reuss shortly after he introduced the new 2014 Chevrolet Impala large sedan at the Big Apple show. During the course of their conversation, Reuss hinted to …
Last reply by hyperv6, -
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Jim Mateja asked some very direct questions of Wagoner for use in this article.... about his job, potential rivalry with Fritz, confidence of the board, etc. Pretty good read: http://www.chicagotribune.com/business/chi...hi-business-hed
Last reply by G. David Felt, -
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General Motors is dialing back on production as it currently has too many vehicles in inventory. The Detroit News reports that General Motors at the end of November had 874,000 vehicles sitting around - a number that hasn't been seen since the 2008 financial crisis. Compared to the same time last year, the number of vehicles has increased by 182,000 units. More worrying is that compared to October, the number of unsold vehicles rose by 40,000. Despite strong sales, more consumers are going with crossovers, SUVs, and pickup trucks. GM even increased incentives on a number of models to help relieve this glut, all to no avail. According to Autodata, this is amount …
Last reply by El Kabong, -
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As I said on another blog, in my area I have seen 4 Ford ads in 2 days promoting their Taurus SHO sedan. What does GM have to offer against it? The Pontiac G8 is no more... and it was RWD. (Which I prefer) The new Buicks are out of the price range. The Malibu and Impalas are a joke. All the SS's are dead.... Chrysler still has the Charger, as a sedan. So I say again, what does the General offer as a performance SEDAN? Don't say the Camaro, because in your wettest dream, that is not a sedan. In order to stay in the market, you have to compete ---- apples to apples! An old latin saying, QUO VADIS, GM ????????
Last reply by Intrepidation, -
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Given the results of C&G Polls, this should be interesting: Informal Survey Time By Jack Keebler GM Director--Advanced Concepts Group One of the things that GM would like to better understand is the level of enthusiasm for rear-wheel drive versus front-wheel drive, particularly for young buyers of compact and sub-compact cars. Our belief is that front-wheel drive cars can be very rewarding to drive if properly set up. We also like the interior packaging space advantages, low mass and poor-weather traction of front-drive vehicles. At Saab, there is a long and storied tradition of fast, reliable rally cars. These cars fed significant power through the front wheels …
Last reply by CaddyXLR-V, -
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9.24.07, 11:18am UAW Strikes GM Link to Original Article @ DetNews The United Auto Workers launched a national strike today against General Motors Corp. after 10 days of marathon bargaining failed to produce a new labor pact for the automaker's 73,000 hourly U.S. workers. The stunning move came after the union told its members on Sunday they were to walk off the job unless they heard otherwise by 11 a.m. That word never came, and now GM is facing its first strike since the UAW struck the automaker's operation in Flint in 1998. "Unless you hear otherwise from your International Union and Local Union leadership, you should consider yourself on strike at 11:00 a.m." Loca…
Last reply by hyperv6, -
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From CAR Magazine - Opel cans Calibra Mk2 In short, Lutz proposed the idea as a way to get more utilization out of the Alpha platform, but GME nixed it based on Europe's upcoming CO2 regulations. That is, a rear-drive car is naturally less efficient than a comparable front-driver, and hence produces more CO2 pollution - it's basically Europe's version of CAFE regs. Lutz also noted that the Alpha-based small Caddy would be imported to Europe regardless when it appears. The comments under the article basically seem to rag on Lutz for trying to push an "inefficient" product on Europeans - I fail to see how it's any more wasteful than the supremely overweight BMW 1-series…
Last reply by daves87rs, -
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here GM should be fighting Toyota, not itself. "But nagging questions remain: Will sales rise enough to justify Saturn's fatter marketing budget at a time when Pontiac and Buick must trim their own ad campaigns? And is Chevrolet, GM's strongest and biggest mass-market brand, actually a better candidate to battle the imports? Chevy dealers say they could easily fit mid-priced vehicles like the Outlook and Aura into their lineups. They also note that GM is promoting Chevrolet as its mass-market global brand."
Last reply by regfootball, -
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http://www.forbes.com/2006/02/06/ford-must..._0207flint.html
Last reply by PontiacTechNJ, -
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551 Zeta Delayed 1 2 3
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The 551 Zeta (next Impala) has just been given a 12 month delay. New launch date is June 2010.
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http://money.cnn.com/news/newsfeeds/articl...94_FORTUNE5.htm Not entirely saying they are saved, but GM is considering alternatives to help Saturn survive. My guess is to avoid paying out the dealer network.
Last reply by HarleyEarl, -
NG GMT 360 Shelved 1 2 3
by evok-
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http://biz.yahoo.com/bizj/060616/1303729.html?.v=1
Last reply by Hudson, -
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http://www.nytimes.com/2007/08/23/business...amp;oref=slogin Something feels a bit slanted about this article. NYT pronounces the Sky as a brand image success over the Solstice even though the Solstice sells better overall and the Sky is the "fresher" product. Will Sky sales hold up once the novelty has worn off a bit? I doubt it if the Solstice (and every other new "hot" car) is any indication. The stupid thing about this is, once again, GM could have put a shot-in-the-arm for Chevrolet's brand image if Chevy had gotten this car instead of the lame-duck brands. The Solstice has done almost nothing for Pontiac's brand image overall because there's a lot of bad Ponti…
Last reply by Oracle of Delphi, -
C&G Exclusive: Emergency Board Meeting Takes Place 1 2 3
by Guest Josh- 1 follower
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Sources within General Motors have signaled that the GM Board of Directors today, met in an emergency meeting after the additional $2 Billion loss announced yesterday is in addition to the $8.6 Billion loss previously announced. We've also received word that the Board of Directors will hold another emergency meeting early next week. The Board is clearly not happy with the latest turn of events and this latest news of an additional $2 Billion loss. Most of the costs are seen coming from a Delphi bail-out which is expected to be announced early next week as well. As always, we'll have more details as we get them.
Last reply by ShadowDog, -
Annual Meeting 1 2 3
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Once more befits it that the voice of Truth, Fearless in innocence, though leagured round By envy and her hateful brood of hell, Be heard amid this hall; once more befits The patriot, whose prophetic eye so oft Has pierced thro' faction's veil, to flash on crimes Of deadliest import Buickman
Last reply by Cadillacfan, -
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ANAHEIM, Calif. – GMC unveiled the all-new 2007 Yukon and Yukon Denali full-size SUVs Oct. 5. They are based on GM’s all-new full-size SUV family, which features distinctive styling, spacious and refined interiors, exceptional driving characteristics and enhanced safety features. The new Yukon family is distinguished with sleek, expressive styling that announces a new look for GMC vehicles – styling that conveys GMC’s professional grade qualities and a distinct design from other GM vehicles. The vehicles offer more power and better fuel economy than the vehicles they replace, enhancing GMC’s “more than expected” reputation. “The all-new 2007 Yukon and Yukon Denali…
Last reply by turbo200, -
DPH UAW Offer 1 2 3
by evok- 1 follower
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http://www.detnews.com/2005/autosinsider/0.../A01-361752.htm Well I see the UAW should have taken the pre-Chapter 11 offer. I feel bad when the workers pay union dues for leadership that has not shown any. Good to see that health care proposal is inline with the rest of America now.
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William Maley Staff Writer - CheersandGears.com August 22, 2012 The dream of the Holden Ute coming to the states has made a resurgence when General Motors announced the Holden Commodore would be coming as the Chevrolet SS. Well, I hate to be the bearer of bad news to the small group who cling onto this dream, but the Ute will not be coming. A report from the Herald Sun states that if Holden was to export the Ute to the U.S., the vehicle would fall under a light commercial tariff rate of 35%, three times higher than the tariff for passenger vehicles. "We were hopeful at one stage, we thought we might be able to duck in under it, but it was ruled out. With the dollar w…
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More Zeta info from Go Auto: Come in Crewman BIGGER AND BETTER IN ’08 By BYRON MATHIOUDAKIS in DETROIT GENERAL Motors product czar Bob Lutz has revealed that GM is set to display a VE-based SUV in the form of a four-door utility. Speaking to Australian media at the North American International Auto Show in Detroit this week, Mr Lutz hinted that it might herald the unexpected return of the Crewman dual-cab ute in Australia, not to mention a new export opportunity to the United States for Holden. “We will have a ute concept at the NY show, but that is going to be badged GMC,” he said. “That is a global design study – and a very interesting study in that it is…
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I think he's right. http://www.thecarconnection.com/Auto_News/...192.A10986.html Back in my army days they used to tell us, "Take the high ground." It's better to be on top of the hill shooting down than on the bottom, climbing up. I found this was true in the luxury car business, too. To succeed you had to take the high ground. Sell the higher-priced luxury car with the advanced technology, not the lower-priced one. Don't be worried about costing more. Glory in it. Our Cadillac forgot this lesson long ago, went for volume, lost the high ground to Mercedes and Lexus and BMW, and really is no longer a luxury nameplate. It's what Buick used to be. I recall long ago, …
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Daimler mum on report it seeks Chrysler sale to GM FRANKFURT (Reuters) - DaimlerChrysler declined comment on a German magazine report on Wednesday that it was in talks to sell its loss-making Chrysler division to General Motors. "I cannot and will not go into any further details," Chief Executive Dieter Zetsche told reporters in Detroit when asked about GM. The news conference was carried on the Internet. Germany's Manager Magazin cited company sources as saying the talks were in full swing but still at an early stage. link
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Well it seems since C&G went down, so did my old username, metal928. Well we are back again. Gave one presentation and it went over great, we used quite a few of C&G comments. I would like to thank you all for helping us out. It is currently in the works for us two to present this to even higher people, which should take place sometimes next week. I have a question, What is the benefits of RWD over FWD? We went to FWD because of better traction and control, so why go back to RWD? Also, any other ideas would be great to hear. Our presentation has to be lenghted about 3 minutes. So we take all ideas into consideration. If you want to know what ideas we u…
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I just read another web-site posting from someone who apparently has an inside track to the policy and goings-on within the General. Here is what he had to say,....... and it is very interesting to say the least! ____________________________________________________________ Cutting through the clutter of GM's RWD program There's a few pretty intresting rumors floating around on various sites that I wanted to cut through, and maybe clear up without giving away anything that would get me nasty-grams from people I'd consider friends, or give too much away from books that are being worked on. 1st, the Zeta. Last year it came out that Zeta was dead. It wasn't and …
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Last reply by soozi2u, -
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There's a lot of news floating around on the Internet the past two months about the upcoming 2014 GM full-size pickups and SUVs. GM is being very tight-lipped on these new offerings, having just shown them to dealership owners in Las Vegas and Milford. With such secrecy, there are lots of rumors and opinions on what these new trucks will look like, what options and features they will have, and will they truly be game changers in the truck marketplace. So I ask you to share with us what features and options you would like to see the new full-size offerings have. Doesn't matter if you're into trucks or not, at some point all of us either drive one or ride in one.
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Win the cities or lose the war Why GM must take back market share in America's urban centers Dateline: Europe Ceding Urban Areas The domestic automakers - GM in particular - have ceded urban areas focusing their efforts on the suburban and rural marketplace. America's large cities such as Boston, New York, Chicago, San Francisco and Los Angeles are largely responsible for establishing and setting societal trends, what's "hip and cool" in the culture. A demonstrated inability to generate product for and market that product to America's major cities portends significant problems for GM, especially in the medium and long term. An inability to reach these areas preven…
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Ecotec To Go Turbo With New 3 & 4-Cylinder Engines William Maley - Editor/Reporter - CheersandGears.com October 12, 2011 General Motors is following the trend of turbocharging small-displacement engines to help boost fuel economy. At a press event today, the company announced plans to develop a new range of turbocharged three and four cylinder engines. The engines will range in displacement from 1.0 liters to 1.5 liters. The engines will be will be lightweight and utilize direct fuel injection, turbocharging and be “alternative fuel capable”. GM hasn't said what engines will be replaced by the new EcoTec motors. “Our customers around the world agree…
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The Regal Returns! Regal Named as Next Buick Sedan As part of Buick GMC's strategy to engage and listen to its dealers, more than 1,000 dealers this week will be the first to learn the name of Buick's next mid-size sport sedan will be the Buick Regal. The announcement was made at the Buick GMC dealer business meeting. "The transformation of Buick began with our luxury crossover, the Buick Enclave and continued this year with the launch of the 2010 LaCrosse premium sedan," said Susan Docherty, Buick GMC General Manager. "We're thrilled to announce that the Regal will be the next member of the Buick family." The Regal name has played a very important…
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The Chevrolet Colorado and GMC Canyon Diesels are feeling the backlash of the Volkswagen diesel scandal. According to Automotive News, General Motors has been told by EPA and California Air Resources Board (CARB) will not certify the trucks until they have undergone tests in the lab and on the road. “The EPA and CARB told us they are going to do on-road testing," said Scott Yackley, assistant chief engineer for Chevrolet Trucks. GM says the additional testing could push back the launch of the diesel trucks, which are expected to launch in the fourth quarter. But GM is confident that the trucks will pass the tests. “Part of our development process is on-road a…
Last reply by Drew Dowdell, -
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http://www.autoblog.com/2009/01/12/officia...to-four-models/ Chevrolet, Buick, Cadillac and GMC Pontiac - Vibe, Solstice, G8, G5 I don't get it, why keep GMC? Why do you need GMC when all of those vehicles are covered by Chevy??? And if your going to limit Pontiac to a few vehicles why the hell keep the G5?? At least keep the G6 since it's a good seller and differetiates itself from the Aura and Malibu!!!!
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GM Death Watch 94 1 2 3
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So much for Maximum Bob From www.thetruthaboutcars.com GM’s September sales figures are out. Despite generous Labor Day incentives, zero per cent financing to anyone with a pulse and an easy year-on-year comparison (GM was in the post-Fire Sale mode last September), vehicle sales are down seven percent. Given GM’s upcoming production cutbacks, there’s only one way sales can go from here: down, taking GM’s declining market share with it. Never mind. According to GM Exec Maximum Bob Lutz, "Whatever our market share stabilizes at in the US— 22, 23, 24 percent— I don’t really care. The idea that GM… has got to get back to 30 percent is a wacky notion with all this global …
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I don't feel overly comfortable getting into prolonged political discussions, but I honestly think that Barack Obama truly does want to help the Big 3 auto makers. I know he needs votes in key Midwestern states, but I also think he actually will try and do something about the predicament our auto industry is in if elected. (This particular discussion starts at around minute 2:20) Thoughts? http://www.youtube.com/watch?v=RV1Yq_KEAHQ
Last reply by regfootball, -
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http://thetruthaboutcars.com/content/11369...89408/index.php I used to think that this site was somewhat useful.... Has anyone seen this?
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The Detroit News revealed today that "GM will announce 'important changes' on Friday. To view the article, click here.
Last reply by balthazar, -
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General Motors wants out of Opel, and according to new reports, it is willing to let the German automaker go without receiving any money for it. The only requirement is that the buyer must inject €500 million (around $652M USD) into Opel for operations. While GM CEO Fritz Henderson has said there are six serious investors in discussions for Opel, and that a deal should be done by early May, the fact that GM has said "if you pay the bills you can have it" indicates that GM is ready to work with anyone who's willing to sign. Making a deal would not only free GM of Opel's current burdens, but the obligations it would have if Opel shuts down under its watch. Another outlet …
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valid question.
Last reply by smk4565, -
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http://64.65.63.61/forums/showthread.php?t=467420
Last reply by SimonDavid, -
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DETROIT — Backed by a hefty $300-million launch marketing campaign, the 2008 Chevrolet Malibu reportedly is quickly streaming out the doors of the dealerships nationwide that have been fortunate enough to get a few of the hot-selling models. Evaluations of Malibu's initial sales performance necessarily are just anecdotal at this early point, because it has been officially available only for less than a month and is still just beginning to trickle into most showrooms. But GM spokesman John McDonald confirms that Malibu "has had very fast turn rates" that have been contributed to "by limited supply at the start of the system fill." The nation's top seller of the old Malib…
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http://www.camaroz28.com/forums/showthread.php?t=675020 Interesting tidbits: From a poster that also participates here: From another poster that also participates here: Same source as the first bit:
Last reply by Camino LS6, -
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December 07, 2006 Whither the Minivan? By Bob Lutz GM Vice Chairman Lots of minivan talk going on… let me just make one thing clear: Nobody said GM is getting out of the minivan business forever. We simply pulled a minivan option out of the running for one of our archtectures. We reserve the right to initiate whatever future product programs we feel the market desires, up to and including new generations of minivans if we deem them necessary and desirable. That’s really the key to everything, of course: the market. And we think the case for another new entry at this point in a market is trending away from minivans just doesn't make a lot of sense. Look, the mini…
Last reply by prototype66, -
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Hey guys, We just got in our first 2008 Malibu last night so this morning after it was all cleaned up, I took some photos in the showroom. Enjoy! I'll post more if you want different angles, features, etc. We brought in our first Malibu with the LTZ package and every option that was available at the time of order! MSRP: $28,340 Also, I attended the Ride & Drive for the 2008 Malibu with a head-to-head run against the Camry, Sonata, & Fusion. I'll write more about that later. Short Overview: We finally have a vehicle that can and will compete!
Last reply by haypops, -
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http://www.autonews.com/apps/pbcs.dll/arti...1/1003&refsect= I said it here long ago, to much derision I recall. I used the words "dead as a doornail". And it is indeed very much dead. (AutoNews reporting) NEW YORK -- General Motors has canceled the vehicle that was supposed to replace the Saturn Ion and is urgently seeking an alternative. As a result, Saturn dealers are likely to be left without an entry-level vehicle for several months next year, company officials acknowledge. ....General Motors might consider rebadging a vehicle from its overseas product portfolio, such as the Opel Astra....
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Many of us have strong feelings about what each of GM's brands should be. Now, according to an article in the Detroit Free Press, following a study which began three ( ! ) years ago, GM can explain what it intends. Click here.
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Got this from a buddy of mine that works at GM. This was sent to GM exec's and they forwarded it to the employee's... "Just hapened to get this in a E-mail today that was sent to a GM exec and forwarded around the company. 01/18/2007 01:09 PM Hi Guys: You probably heard that Michelle Krebs has joined our editorial team. (We are launching a new site that we will be announcing at the Chicago Auto Show that Michelle will be heading up…) Anyway, she was on the West Coast this week and by happenstance was seated next to a Honda exec on her trip home. Michelle passed along his comments and I thought you might be interested in the following: “He said Honda execs (in…
Last reply by A Horse With No Name, -
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While the LaCrosse and the Impala will continue through 2008 MY at Oshawa GM Canada plant, the curtain will fall on both the Grand Prix and the Monte Carlo at mid-year, or December 2007. That's 10 or so more months of production on these cars. I guess that's to retool the portion of the Oshawa plant that will put out RWD cars. Some of you will be ecstatic. I just wish they had done a better job with these cars in the first place, allowing them to complete the full model year. Oh well.
Last reply by occupant, -
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Well, looking at Delphi... looking at UAW... looking at GM's north american financial situation... At what point is it a better financial decision for the government to aid the domestic automakers? The question, when GM, Ford, or Chyrsler file for Bankrupsy... how much will it cost the governement? How much will the unemployement tab run up? If the governement must foot the bill for 1 million employees that used to be making 60k a year for the last 15-20 years, how much will it cost them, (us Citizens)? How much will it cost the government(tax payers) to release GM of all its debt? I'm assuming we are talking about nearly 500 billion dollars might barely co…
Last reply by Fiero88, -
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July 7, 2008 07:15 CET UPDATED: 0/07/08 11:33 CET LONDON (Thomson Financial) -- General Motors could shed thousands of white-collar jobs and sell or cease producing certain brands as part of a strategy reevaluation, said the Wall Street Journal, citing people familiar with the matter. The job cuts are expected to be approved at a meeting of the GM board in early August. The management may also suggest options for raising additional cash to help GM make it through the downturn, and may discuss cutting certain brands, the sources said. A company spokesman declined to comment on either the job or brand cuts, said the report. GM sells under eight different brands, b…
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This is stupid
Last reply by ockgator, -
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http://www.detnews.com/apps/pbcs.dll/artic.../601260442/1361 --- Dear Mr. Bush, I've been supporting you and your administration despite your obviously unpopular actions since takng office. I've been a believer in the Iraq war, even though it's questionable as to whether or not we belong here. I don't even mind you supporting the invasion of my privacy. I have nothing to hide. However, after reading the article above, I now see things as they are. You and your administration really don't care about the well being of this country. The last six years have been more about personal agendas than making America a better place to live. If you have a better explanation, I'd l…
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I AM SURE THAT I WILL BE DRILLED FOR SAYING THIS. BUT I THINK THE NEW G5 DOES HAVE SOME APPEAL TO IT. I THINK IT WILL BE CHEAP ENOUGH AND SPORTY ENOUGH TO ACTRACT THE YOUNG CROWD. FROM A DEALER STAND POINT, I KNOW WE NEED SOMETHING IN THE PRICE RANGE OF 13K - 19K. WE DID JUST RECEIVE THE PREDELIVERY INSPECTION PAYMENT, WHICH MEANS WE SHOULD HAVE IT WITHIN A MONTH. I WILL BE THE FIRST ONE TO SAY THAT I AM EXCITED TO SEE IT.
Last reply by ToniCipriani, -
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http://autos.aol.com/article/car-news/corv...ise/20090429001 Pontiac Is Dead; Is The Corvette Next? What Detroit Will Build (and Won't) In Its Next Chapter by Rex Roy | AOL Autos In remarks made in March about the auto industry, President Obama said, "We cannot, we must not, and we will not let our auto industry simply vanish." This is positive news for many, but it may actually signal the end of the consumer-driven American automotive industry. Depending on how active the Obama administration chooses to be regarding the operation of General Motors and Chrysler (the government already forced out GM CEO Rick Wagoner), bureaucrats may restrict the types of cars th…
Last reply by wildcat, -
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Love this new marketing from GM! Are you willing to join the future? Are you willing to join Generation E? GM-Generation-E.mp4
Last reply by balthazar, -
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Japanese automakers sweep U.S. rivals Honda, Toyota, others snag all 10 top picks in Consumer Reports ratings Japanese automakers achieved another milestone in the ongoing humiliation of their U.S. counterparts Wednesday as they captured the top positions in all 10 vehicle categories rated by influential Consumer Reports magazine. It was the first time in the nine-year history of the respected annual survey that Asian nameplates swept the list of “best” automobiles, which the magazine selects from among a slate of more than 230 vehicle models based on a series of 150 tests, ranging from braking distance to crash ratings and fuel efficiency. Historically, the Consumer …
Last reply by haypops, -
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William Maley Editor/Reporter - CheersandGears.com June 8, 2012 Ford has been having a resounding success with the EcoBoost option one the F-150 pickup truck. With new full-size trucks on the way, you would think GM would be heading down the same route. Not so fast. "I wouldn't say that's a huge priority. I think there are other answers to that, which they don't have, for us that make a lot more sense," said GM North America President Mark Reuss. Reuss believes the full-sized pickup can't be all things to all buyers. He figures that fuel economy isn't that big of a concern for people who rely on them for a living. He puts its this way: if GM was to downsize from th…
Last reply by Drew Dowdell, -
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A GMI original story, apparently: Initially Alpha was going to be a four-cylinder only chassis for small premium cars, so naturally development focused on optimizing the Alpha platform for four-cylinder mills in a very light package. Well, Cadillac’s first condition was that Alpha be re-engineered to package a naturally aspirated V-6 engine – and that was non-negotiable. This about-face on engine selection would become the first of at least two engine requests that led to a re-engineering of the Alpha chassis to accommodate the new requirements. More changes (read: more mass and cost) were required for the addition of all-wheel drive. What started out as a great handl…
Last reply by Drew Dowdell, -
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General Motors seems being in a cutting mood as it drives to improve its profit margins and stock price. Last week saw the sale of Opel and Vauxhall to PSA Group and it's only the beginning said GM CEO Mary Barra. Automotive News reports that GM is considering reducing investments in North American cars and "select" international markets according to a chart that was shared during a conference call with analysts last week. The chart says these two earned a spot on the chopping block due to low profit potential and weak strength in franchises. "There's a little bit more work that we're doing in the international markets. Our overall philosophy is that every count…
Last reply by Robert Hall, -
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New York Times columnist Tom Friedman is criticizing GM for offering to "cap" gas prices at $1.99 for certain GM vehicles sold in Florida and California. "Is there a company more dangerous to America's future than General Motors? Surely, the sooner this company gets taken over by Toyota, the better this country will be," Friedman wrote, comparing GM to "a crack dealer looking to keep his addicts on a tight leash" by making the offer. Bob Lutz has shot back that Friedman "is so 'over the top' that it borders on psychosis." ( Go get 'em, Bob!) To view the article, which appeared in the 6/1 Detroit News, click here.
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http://www.thebusinessonline.com/Stories.a...2E-D07EB5AA1CEE A sobering article on GM's problem. That combined with the SEC investigation, one has to wonder if bankruptcy remains the only available option for GM. HOPE NOT :unsure:
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Last reply by CARBIZ, -
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Linkity What's difficult to understand is why Detroit's automakers lose billions of dollars making cars and trucks here, while competitors like Toyota, Honda, BMW and Mercedes, who build them here too, make a fortune at it. They're all building new plants or expanding production at the old ones while Detroit is shutting factories. General Motors, for example, reported a loss of $39 billion for last year, and my guess is that Toyota will have an operating profit approaching $20 billion for its March 31 fiscal year, with the North American operations the greatest contributor to that. Here's my explanation: Rebates. Detroit has to pay buyers t…
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CNN has a headline that says that GM is going to post a $39 billion loss last year. Not a huge surprise, as it pretty much all came in a write off from the third quarter against future tax credits
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Source: http://www.bloomberg.com/apps/news?pid=206...&refer=home GM Is Said to Plan Shutdowns for 1,100 U.S. Dealers General Motors Corp. is sending termination notices today to 1,100 U.S. dealers with about $2.5 billion in unsold vehicles as the automaker starts shrinking its retail network, a person familiar with the matter said. The dealers hold about 120,000 autos of various brands, said the person, who asked not to be identified because GM hasn’t announced details yet. Mark LaNeve, GM’s North American sales chief, is set to brief reporters at noon New York time. The closings are GM’s first step toward paring U.S. dealers to 3,600 from 6,200 by the end of …
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Dave Guilford Automotive News April 28, 2008 - 4:36 pm ET DETROIT -- General Motors today moved to cut full-size truck production in North America by 138,000 units for the remainder of the year. GM will take out about 88,000 units of full-size pickup production and 50,000 units of full-size SUV production, the automaker said in a press release. GM said that it is eliminating one shift of production at its full-size pickup truck assembly plants in Pontiac, Mich.; Flint, Mich.; and Oshawa, Ontario; and its full-size SUV assembly plant in Janesville, Wis. The Pontiac and Flint pickup plants already are idled because of a parts shortage stemming from the UAW's …
Last reply by CARBIZ,
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