Industry News
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Chevrolet Cruze has been delayed General Motors Co. has decided to push back by about three months the launch of a critical new small car for its Chevrolet brand, a spokesman said. The auto maker had been aiming to launch the Chevrolet Cruze next April, but the company is pushing the launch back until at least July. GM spokesman Klaus-Peter Martin said the move is "to ensure a flawless launch" and make sure the Cruze debuts with an array of available options, including a variety of fuel-efficient engines. Discussion: Chevrolet Cruze Delayed
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Chevrolet Enjoying Higher Transaction Prices While the market share declines of the mainstream domestic brands during the past decade have been well documented, the price declines of these brands relative to their Asian competitors have received less attention. While Chevrolet’s average price was only about $240 above that of Honda, it was more than $1,700 above that of Toyota, due to Chevrolet’s higher prices in three of the four segments. Discussion: Chevy Models Selling at Higher Transaction Price than Toyota on Average
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Fisker Automotive plans to build a plug-in hybrid car at the empty Boxwood Road plant near Newport, a decision that will give Delaware a prominent role in a government-backed reshaping of the American auto industry. A formal announcement from Fisker could come as soon as Tuesday, according to sources with knowledge of the company's plans. Fisker, a startup automaker based in Irvine, Calif., confirmed earlier this week that company representatives have met with Delaware officials and toured the Boxwood Road plant, idle since July when General Motors ended production there. The company is planning to renovate the abandoned domestic factory with proceeds from a $359 mi…
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This will be the first EV charging station installed between Chicago and Denver. It will be a couple miles north of I-80 in the town of Elk Horn, which is near where I grew up. http://www.zwire.com/site/news.cfm?newsid=...30069&rfi=6
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Order No. 2009-15 of the Minister Transports en date du 22 octobre 2009 Transport dated October 22, 2009 Code de la sécurité routière Code road safety (LRQ, c. C-24.2) (RSQ, c. C-24.2) CONCERNANT l'accès aux chemins publics des véhicules Regarding access to public roads of vehicles munis d'un poste de conduite à droite equipped with a driving position right LA MINISTRE DES TRANSPORTS, THE MINISTER OF TRANSPORT VU le premier alinéa de l'article 633.1 du Code de la Having regard to the first paragraph of section 633.1 of the Code sécurité routière (LRQ, c. C-24.2), suivant lequel le road safety (RSQ, c. C-24.2), after which the ministre des Transports peut…
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J.D. Power: New-Vehicle Sales Decline Becomes Less Steep via AutoRemarketing WESTLAKE VILLAGE, Calif. — October's new-vehicle retail sales will likely show the first single-digit year-over-year decrease in 17 months, according to J.D. Power and Associates, which has projected the industry to retail 651,600 new units for the month. This would be just a 6-percent dip from October 2008 and a 15.2-percent gain from September. The only time that retail sales haven't fallen double digits year-over-year since May 2008 was in August, when sales climbed 13 percent due to CARS, J.D. Power indicated. Meanwhile, new-vehicle fleet sales are projected to fall 4 percent from…
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GM Increases Stake of GM Daewoo GM has raised its stake from 50.9% to 70.1%. Follow the jump for details. Discussion: GM increases stake in Daewoo
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Win a 1967 Camaro diecast model! A new feature here at Cheers and Gears will be our "PhotoHunt" contests. In this, our premier contest, we are looking for photos of any year Camaro in an autumn like setting. Contest details: 1967 Camaro
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GM hits the brakes on Opel deal; no signing with Magna this week GM negotiators stop the Opel - Magna deal. Story HERE
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GM to Offer Wi-Fi Access in All of Its Vehicles As a dealer installed option, hardware prices start at $500 and service prices start at $29.99 per month for 1GB of data transfer. Discuss which GM car or truck would be best for this new wifi option HERE.
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GM Looking at New Ad Agencies for Chevrolet For a long time, politics and personal relationships have kept the Chevy/Campbell-Ewald relationship bound together as if by Crazy Glue; even when the advertising and thinking that produced it was terrible. The agency has been Chevy's agency since 1922. 1922!!!!!!! That was then. Chevy IS General Motors. It used to be that Chevy was just one of eight brands at GM in North America. Going forward, it is one of four. But in fact, it is the whole show. If Chevrolet does not increase market share and improve perception, it's not going to matter what happens at Buick, GMC and Cadillac. Discussion: Chevrolet hunting for a new…
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Public to name Chevy Volt's paint color DETROIT – The initial production color of the Chevrolet Volt extended-range electric vehicle (E-REV) is a silver exterior with an emerald hue. That’s official. What’s not certain is what Chevrolet will name that distinctive exterior color, so the company is turning to the public to help make the decision. Starting today, on National Color Day, Chevrolet launches an online contest that asks for color name suggestions, with three finalists to be flown to Los Angeles this December to compete for a final chance to be among the first to test-drive a pre-production Volt. Discus…
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Officially Official: The Buick Regal returning! 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. Discussion: Buick Regal returns to Buick's North American lineup.
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Cadillac quietly un-refreshes their logo Cadillac updated their logo in 1999 to coincide with the new Art & Science look. One of the fatalities with that refresh were the ducks which had been part of the logo since at least 1902. With no announcement at all, they've updated it once again. Discussion: Cadillac un-refreshes logo
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New purpose built police vehicle that looks pretty cool, has a diesel engine, and is AMERICAN!!! http://carbonmotors.com/
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General Motors and Tengzhong Sign Definitive Agreement For Sale of HUMMER DETROIT and SICHUAN, Oct. 9, 2009 - General Motors (GM) and Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd (Tengzhong), today announced that the companies 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 existing dealer agreements relating to HUMMER's dealership network. …
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Cadillac looking for new ad strategy Current agency Modernista! not interested in participating In a press release, Cadillac stated the desire to seek a new advertising strategy while current agency Modernista! is not interested in continuing their business with Cadillac. Discuss Cadillac's new advertisement strategy HERE
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GM Outlines 90 Day Progress Report DETROIT - General Motors today outlined progress it has made toward achieving commitments in its business plan, including implementing a leaner structure, building stronger brands, and driving a company culture that puts the customer at the center of everything it does. Since launching the new company on July 10, GM has made demonstrable progress in positioning the company for success; putting in place a new global operating structure, a leaner and more streamlined executive leadership team, and a reconstituted Board of Directors. Emerging is a new GM with a cleaner balance sheet, fewer employees, an improved cost structure, a s…
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The Caprice is Back GM unveils 355 hp Chevy Caprice police car based on zeta. Chevrolet decides to bring the Caprice over from Australia specially outfitted for use by law enforcement. Discuss the new Chevrolet Caprice HERE More photos and video HERE History of Chevrolet police cars HERE
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New Report: Industry experts weigh in SAN FRANCISCO, Oct. 1 /PRNewswire/ -- In advance of California's upcoming zero emission vehicle (ZEV) policy review and update, an influential group of venture capitalists, vehicle entrepreneurs, policy makers, and industry experts gathered from across the nation to assess technological, market, and policy barriers to the development of zero or near zero emission vehicles. "Driving Transportation Innovation," a new report released today by Next 10, the nonpartisan, nonprofit organization that convened the group, presents an overview of the discussion and concludes that strategic sustained policymaking is required to trigger the tech…
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GM - Saturn - Penske deal is DEAD! Today we learned that Penske Automotive Group (PAG) has decided to terminate discussions with General Motors to acquire Saturn. This is very disappointing news and comes after months of hard work by hundreds of dedicated employees and Saturn retailers who tried to make the new Saturn a reality. PAG's announcement explained that their decision was not based on interactions with GM or Saturn retailers; rather it was because of the inability to source new products beyond what it had asked GM to build on contract. As a result of PAG's decision, we will be winding down the Saturn brand and dealership network, in accordance with the wind-d…
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We Have Z28! GM confirms the Chevrolet Camaro Z28 for 2011 Thanks to PCS for the update on this great looking car! Check out all the details here
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General Motors Vice Chairman of Global Product Development Tom Stephens: "Is there room for the Zeta platform in the U.S." What do you think? Should GM bring Zeta back to the U.S.?
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September 23, 2009 by Alborz Fallah As part of a trial for an interesting new system, South Australian police have begun using patrol cars fitted with a camera system capable of instantly reading and analysing number plates of cars driving past. The Automated Number Plate Recognition camera system will automatically run the number plate of cars through its system and tell the police whether a car is unroadworthy, unregistered, uninsured, or stolen The idea is to take the element of random checking out and have all cars passing by checked allowing police to better catch law offenders. Additionally the technology can be used to catch criminals by linking known offende…
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General Motors still on track for 2010 IPO The Treasury Department says that GM is on track for an Initial Public Offering in 2010, which means the government can start selling off its approximately 60% ownership in GM. Chrysler, on the other hand, is too far away from an IPO to even predict a date. General Motors still on track for 2010 IPO
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Cheers and Gears Quick Drive Saturn Astra 5-Door Member WhiteKnight does a Quick Drive of the Saturn Astra 5-Door. After our dealer told us there was yet another overnight wait in store for the Aura as the on-board computer had started to sour, they gave us a switchblade-style key that went to a dark blue hatchback, none other than an Astra five-door, the most ungainly member, in my opinion, of the Astra line-up. Cheers and Gears Quick Drive: Saturn Astra 5-Door
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2010 Buick LaCrosse Named Insurance Institute For Highway Safety (IIHS) 2009 Top Safety Pick The 2010 Buick LaCrosse luxury sedan earned the IIHS newest Top Safety Pick Award today. To qualify for the Top Safety Pick, a vehicle must earn the highest rating of good in the Institute's front, side and rear tests, and offer Electronic Stability Control (ESC), which comes standard on the LaCrosse. Discussion: 2010 Buick LaCrosse named IIHS top safety pick.
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GM Adds a Third Shift at Three Assembly Plants in U.S. General Motors announces that it will bring back over 2,400 jobs to the Fairfax, Ft. Wayne, and Lansing Delta assembly pants. Today's actions, noted below, are the result of consolidating product built at manufacturing facilities that are, as previously announced, retooling for a new product, closing or being placed on standby capacity: Fairfax, which builds the recently launched all-new Buick LaCrosse the popular Chevrolet Malibu and Saturn Aura, will become the exclusive builder of the Malibu when the Orion, Mich. assembly plant ends production in November. In 2010, the Orion plant will begin retooling and ma…
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President Barack Obama, visiting a General Motors plant for the first time since his administration effectively took over the company, told autoworkers here once-mighty GM is starting to turn around. President believes in GM
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I Got VEE!
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I Got VEE! Cadillac CTS Sportswagon to Get the V Treatment GM CEO Fritz Henderson just confirmed that, in addition to the CTS-V Coupe, there could also be a Cadillac CTS-V SportWagon. Discuss it here.GM CEO Fritz Henderson just confirmed that, in addition to yesterday's news on the CTS-V Coupe, there could also be a Cadillac CTS-V SportWagon. Let the heavens be praised. Cadillac CTS-V Sportswagon is a go.
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Holden Zeta export program could be back on? We were tipped off to this story in the Sydney Morning Herald General Motors says it is hopeful of winning a lucrative contract to supply re-badged Holden Commodores to US law enforcement agencies. Holden could soon be exporting Commodores to the United States again. The company's billion dollar export program ground to a halt at the end of last year after Holden's parent company, General Motors, axed the Pontiac brand in the United States. Holden was selling re-badged Commodores as Pontiac G8s in the States. Holden Export program back on?
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Politician known for harsh motorist laws arrested in brutal hit-and-run death Former Ontario, Canada Attorney General Michael Bryant made a name for himself as a tough-nosed lawmaker that took a hard line against street racing. Among Bryant's hard stance anti-racer policies was a law that gave the police the right to crush any car that was modified for racing – even if the vehicle had no complaints against it. If a report from The New York Times is true, Mr. Bryant could ironically spend the rest of his life behind bars for a brutal hit-and-run accident involving a bicyclist. The incident reportedly began as a minor event and quickly escalated. Bryant allegedly br…
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GM to offer 60 day money back guarantee on all new vehicle purchases With new commercials featuring General Motors Chairmen Edward Whitacre telling America that GM wants to put its money where its mouth is, GM is hoping to drum up showroom traffic and purchases with this new offer. Ed Whitacre rolls out new GM 60 day mony back guarantee
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GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall to Magna International/Sberbank
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GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall to Magna International/Sberban GM to sell 55% stake in New Opel to Magna/Sberbank Agreement on new ownership structure signals fresh start for New Opel Employees to hold 10% stake in New Opel Government supports financing through additional state guarantees More: GM Board Recommendation to Sell Majority Stake in Opel/Vauxhall
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WASHINGTON (AP) - Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said in a report to be released Wednesday. The Congressional Oversight Panel did not provide an estimate of the projected loss in its latest monthly report on the $700 billion Troubled Asset Relief Program. But it said most of the $23 billion initially provided to General Motors Corp. and Chrysler LLC late last year is unlikely to be repaid. "I think they drove a very hard bargain," said Elizabeth Warren, the panel's chairwoman and a law professor at Harvard University, referring to the Obama administration's Treasury …
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Buick Delta Compact Spied in China The 70s are back as Buick's Astra-based compact sedan was caught testing in China. Full story Buick Delta Spied in China
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Found two different news stories with the same plot... where's my money? the first is from south dakota: During the month long program, Billion Automotive sold close to a thousand vehicles but has only been reimbursed for 272 of them. Vern Eide sold over 200 cars and has only been paid for 27 of them, and that's fueling lots of concerns in the auto industry. Billion Automotive cashed in during Cash for Clunkers, but owner Dave Billion is still waiting for the rest of his money from the government run program, $3.2 million. "I wonder how long they'd wait if I owed them $3.2 million. I think they'd be at my door or at least my banker's door," Billion said. Wh…
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GM August Sales Total 246,479 Equalling Highest Total and Retail Sales in 2009 "Cash for Clunkers" Vehicles Up 42 Percent Retail Compared with Last Year August month-over-month retail sales increase led by GM's four core brands: Chevrolet, GMC, Buick and Cadillac, which were up 21 percent collectively. General Motor's Full August Sales Report. Monthly Sales Leader board for August (click on numbers to go to story) General Motors Company - 246,479 Toyota Motors Corporation - 225,088 Ford Motor Company - 176,323 American Honda - 161,439 Nissan Motors - 105,312 Hyundai Kia Automotive Group - 100,665 Chrysler Group LLC - 93,222 BMW North Ame…
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Toyota developing anti-drunk driving gadget Toyota Motor said Monday it was developing anti-drunk driving equipment that would lock the ignition of a vehicle if high levels of alcohol are detected in the driver. The system features a hand-held breathalyser, equipped with a digital camera, that detects alcohol consumption and photographs the driver's face for identification, a company statement said. If the driver tests positive, the system either warns him or her, or locks the vehicle's ignition depending on the level of alcohol detected, Toyota said. The carmaker is conducting tests with affiliate truck maker Hino Motors, and will install the equipment in sele…
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All stand alone Buick and GMC dealers will be consolidated by 2010 General Motors says that by October 2010, all Buck and GMC franchise agreements will be renewed to only offer a "dual dealership", meaning there will no longer be any stand alone Buick or GMC dealers. All stand alone Buick and GMC dealers will be consolidated by 2010.
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(if this fits another section better feel free to move it there.) Nitrous oxide has now become the largest ozone-depleting substance emitted through human activities, and is expected to remain the largest throughout the 21st century, NOAA scientists say in a new study. For the first time, this study has evaluated nitrous oxide emissions from human activities in terms of their potential impact on Earth’s ozone layer. As chlorofluorocarbons (CFCs), which have been phased out by international agreement, ebb in the atmosphere, nitrous oxide will remain a significant ozone-destroyer, the study found. Today, nitrous oxide emissions from human activities are more than twice…
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Autoblog We've gone from $25 billion to $34 billion and back down to $15 billion. The Detroit 3 CEOs have appeared before Congress twice. Congressional Democrats and the White House have spent the last few days wrangling over the final version of a long-in-the-making Auto Rescue/Bailout Bill and just before it's ready to take center stage on the floor of the House and Senate, this happens. House Republicans today have introduced a new bill in the 11th hour as an alternative to the bill we've all been talking about this past week that was engineered by Congressional Democrats and the Bush administration. The new House bill proposes that instead of handing over loans to…
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Toyota poised to cut global production By Michiyo Nakamoto in Tokyo Published: August 26 2009 11:28 | Last updated: August 26 2009 19:37 Toyota is poised to slash production by as much as 580,000 vehicles – nearly 6 per cent of global capacity – in an effort to stem losses amid the sharp downturn in vehicle sales. The world’s largest carmaker, which is forecasting its second consecutive net loss this year, said it would shut a production line in western Japan from next spring through to the second half of 2011, reducing output by 220,000 vehicles. The Japanese company is also looking to pull out of Nummi, its manufacturing joint venture with General Motors in Ca…
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What does General Motors want to save Opel from? General Motors is worried that Russian investors will be able to take the German automaker's designs and technology and use it to directly compete against Chevrolet in Russia. Read More at the link: GM wants to keep Opel's technology away from the Russians.
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Essentially... instead of carrying huge batteries on-board, cars will be directly powered by the grid. An electric vehicle would pick up power from underground power lines through the non-contact magnetic charging. Pretty cool idea, IMO.
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Cadillac Converj May Still Get Green Light With the GM corporate naysayers out of the picture (Troy Clarke, former GMNA President and Mark McNabb, former Cadillac, Hummer, Saab General Manager) Bob Lutz may get his way and get to see the Volt's more luxurious cousin appear at local Cadillac Dealers. Cadillac Converj May Still Get Green Light
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C4C filing time extended, again Dealers unable to process requests; Tuesday set as new deadline Bimmer325 | Tuesday @ 01:56 AM One more lap to go. Thousands of dealers complained of trouble filing clunker requests Monday, with the finish line looming just hours away. As a result, the Obama administration has extended the deadline for dealers to process transactions to noon Tuesday. It's too late for any deals, though, as sales under the incentive winded down Monday at 8 PM. Why the paperwork trouble? Increased traffic as last-minute shoppers rushed to cash in caused the government website to crash Monday afternoon. As dealers rushed to submit vouchers on t…
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*brochure from 1974 Cadillac with Air Restraint System. GM was the first to offer airbags* With all the negative press that has circulated about General Motors before and during its bankruptcy proceedings, customers should be aware that although financially troubled, GM is a recognized leader in car safety advances. The company pioneered the development of the now ubiquitous concrete barriers on national highways and was the first car maker to install rear turn signals as standard equipment. Some of GM's safety innovations are obvious, while others are more subtle. Established GM Reputation for Safety Standards
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BREAKING: GM Delays Decision on Opel's Future The board of US car maker General Motors has postponed making a decision on who should buy its Opel division, which includes Vauxhall in the UK. Follow the jump for the full story. GM Delays Decision on Opel's Future
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GM to recall 1,350 Employees that is. This is the kind of GM recall we like hearing about. LORDSTOWN — A second shift is being called back to work at the General Motors Lordstown Complex to meet consumer demand for the Lordstown-built Chevrolet Cobalt and to gear up for production of the new Chevy Cruze later in the year. GM recalls 1,350 employees
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UPDATE: Cash for Clunkers ends Monday One month and 500k sales later, program dries up If you're planning on cashing in on your clunker, you'd better get to a dealer soon. Exactly one month after it began, the government's CARS program will end Monday at 8 PM. U.S. Transportation Secretary Ray LaHood blames conservative sales estimates for the pushed-up deadline, which was initially to come on Labor Day. Since July 24th, close to a half million sales worth billions in rebates have been recorded. Funding issues, dealers angry over rebate checks and controversy over the trashing of old "clunkers" have regularly made headlines since Cash for Clunkers began. N…
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GM to reimburse dealers until Cash for Clunkers rebates arrive The last thing GM wants its dealers to do is stop selling cars because they don't get the CARS money fast enough. So GM is stepping up to bridge the gap between the time a dealer submits a request for reimbursement and the government gets around to paying it. GM will begin providing cash advances equal to the amount of C4C rebates ($3,500-$4,500 per vehicle) to its dealers for every vehicle already sold under the program and any new transactions going forward. GM to reimburse dealers until Cash for Clunkers rebates arrive
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Kmart is offering assistance to Michigan residents who have lost their jobs. Being a good corporate citizen, Kmart has created their Smart Assist program to lend a hand to the devastated economy in Michigan. They are offering recipients of Michigan unemployment benefits an additional 20% off store branded grocery and drug store merchandise for up to six months. Over 1,000 products qualify for the discount. To be eligible, customers must present valid ID and a state-issued unemployment benefits confirmation. Interested participants can find more information here. Discussion here.
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First CTS Sport Wagon rolls off the line Production begins at Lansing plant; First-ever wagon joins the CTS line Cadillac's CTS line just got sexier, and the rakish coupe is still months away. The CTS Sport Wagon began production today at GM's Lansing Grand River assembly plant. The brand debuted its first factory-produced wagon, which is arguably the segment's most stylish entry. It's also the first-ever CTS that isn't a sedan. A two-door coupe variant joins the lineup next spring as the brand expands its best-selling range. Discuss the latest CTS variant after the jump.
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FYI to those who care. Performance industry icon Crane Cams has reopened under the new ownership of S&S Cycle, and is actively engaged in manufacturing and sales operations of its ignition and motorcycle lines. The company, founded by Harvey J. Crane in 1953, is newly housed in a facility at 1640 Mason Ave. in Daytona Beach, and a number of long-term Crane employees have joined the revitalized company. S&S Cycle acquired Crane’s intellectual properties, patents, trademarks, camshaft masters, inventory and some equipment in April 2009. S&S is best known for its broad line of components for V-Twin motorcycle applications. The 50-year-old company boasts ext…
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Buick PHEV crossover reportedly cancelled Buick's VUE-based CUV goes boom; plug-in hybrid powertrain to be added to different model Just weeks after teasing a "baby Enclave" compact CUV for Buick, GM has reportedly shelved plans for the VUE-based crossover. As reported by Autoblog, a Buick rep has confirmed that "almost universally negative" feedback prompted the program's cancellation. Earlier this month, the company released an image of the would-be Buick's front-end, which revealed a Buick-badged version of the current five-passenger Saturn VUE. The model, which was expected to go on sale next year before a plug-in hybrid version in 2011, will reportedly b…
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Pontiac G8 to be Sold in Australia In what is surely to result in hordes of Pontiac enthusiasts jumping on the next Airbus A380 to Australia, Holden has announced that it will sell a limited run of Pontiac G8s in Holden dealerships. In what amounts to clearing the Pontiac noses, badges, and wheel center caps off the shelves in Elizabeth, the G8 package can be had on any Commodore sedan, Ute, and Sportwagon. One can't help but wonder, though, what would've been the problem with sending the last few here instead? Follow the jump to discuss. http://www.cheersandgears.com/index.php?sh...t=0#entry531101
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GM to boost output due to clunkers incentives The increases include an extra day of work at the Lordstown, Ohio, assembly plant and increased hours at a factory in Orion Township, Mich., said the union officials, who asked not to be identified because the announcement, expected Tuesday afternoon, had not been made. Story Link
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GM, Koenigsegg sign deal on Saab sale General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. Follow the jump for details. http://www.cheersandgears.com/index.php?sh...c=39946&hl=
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Chevy MPVs/CUVs spotted. One of them Production Orlando? Ted's sharp eye has caught a glimpse of what could be the production Orlando along with another CUV/MPV, with one of them clearly influenced by teh Volt's front end styling. Follow the jump to see the video where it was seen and discuss. http://www.cheersandgears.com/index.php?sh...mp;#entry529241
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GM Unveils 2-year Product Plan General Motors Co., trying to build confidence in the marketplace after a stint in Bankruptcy Court, unveiled its two-year product. Follow the jump for all the details on the future of GM. Story Link
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How did GM arrive at 230 mpg for the 2011 Chevrolet Volt? Everybody by now knows what the "230" ads were for, but the next question that usually pops into people's head is: "How did GM do that?" Follow the link to find out how. Story Link
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GM shows Cadillac 3 series-fighting ATS, all-new XTS, 2012 Malibu Tomorrow morning at 8:00 AM EST, General Motor's President and CEO, Fritz Henderson, will be hosting a webcast to update the public and the media on the automaker's turnaround efforts, during which Henderson is expected to make a new product announcement. Autoblog has some info involving some of GM's upcoming models and concepts. Follow the Jump for details Story Link
Last reply by Intrepidation, -
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[source: MSNBC] Senate reaches deal on extending 'clunkers' Lawmakers agree to vote Thursday on adding $2 billion to rebate plan WASHINGTON - The Senate reached a deal late Wednesday on saving the dwindling "cash for clunkers" program, agreeing to vote on a plan that would add $2 billion to the popular rebate program and give car shoppers until Labor Day to trade in their gas-guzzlers for a new ride. Following lengthy negotiations, Senate Majority Leader Harry Reid said Democrats and Republicans had agreed to vote on the plan Thursday, along with a series of potential changes to the bill, which was passed by the House last week. …
Last reply by A Horse With No Name, -
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[source: Detroit News] Big Three take 47 percent of 'Cash for Clunkers' sales; Ford Focus top-seller David Shepardson / Detroit News Washington Bureau Washington -- Detroit's automakers accounted for 47 percent of the first 80,000 "Cash for Clunkers" sales, the Obama administration said today, and the Ford Focus is the top-selling vehicle in the program. Through Saturday afternoon, the National Highway Traffic Safety Administration has processed 80,500 transactions, the White House said. White House spokesman Robert Gibbs said buyers should be able to take advantage of the program until Friday, but he warned it would likely have to…
Last reply by PurdueGuy, -
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The Obama administration’s oversubscribed “cash for clunkers” scheme looks likely to founder in the Senate this week as bipartisan opposition mounted on Monday to the $2bn extension passed last week in the House of Representatives. Republican senators described the scheme, in which car users can take up to $4,500 (€3,170, £2,710) in government vouchers to trade in their vehicles for more fuel efficient ones, as a “boondoggle” – or a waste of time and money – and all but threatened to filibuster the planned extension. This would almost certainly kill prospects of renewing the scheme before the Senate returns from recess in September. Republicans also pointed out that t…
Last reply by Z-06, -
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Amazon.com gives Cheers & Gears members more options for shopping Amazon.com is now being offered as another shopping choice for Cheers & Gears members. Just click on the link to amazon.com or search for your automotive products via our Cheers & Gears widget to find all the products that you need. Every time you purchase something through our link to Amazon.com, you are helping to improve Cheers & Gears features and services. You can visit Amazon's entire automotive product gallery by visiting the C&G Auto Parts - by Amazon link in the upper left of the front page. Link to Discussion
Last reply by Justin Bimmer, -
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There was much talk earlier this spring about so called “green shoots” in the economy by talking heads trying to coin a phrase that would stick. Unfortunately for us, they had very little evidence to back up such statements. Housing was still tanking, unemployment was still skyrocketing, and GM and Chrysler were swirling down the toilet of bankruptcy. I’ve been rather pessimistic on the economy for a while now. As recently as April I was predicting a long drawn out recovery. I also predicted that a second wave of foreclosures coming from a type of mortgage called Option ARMs would start carpet bombing the economy all over again. Well, unlike a certain ex-President of ou…
Last reply by Justin Bimmer, -
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Lutz: Chevy Orlando coming, could get Voltec powertrain Spreading the extremely high development cost of the Volt's high-tech powertrain and lithium ion battery packs is certainly an attractive proposition for GM. Click on Links for Story
Last reply by Justin Bimmer, -
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GM July Sales of 189,443 Marks Month-over-Month Sales Increase July month-over-month retail sales increase led by core brands: Chevrolet, GMC, Buick and Cadillac which were up 12 percent collectively compared with June. Click here or on Headline for Story Link Other Sales Numbers (click on numbers to go to story) Toyota Motors Corporation - 174,872 Ford Motor Company - 158,838 American Honda - 114,690 Chrysler Group LLC - 88,900 Nissan Motors - 71,847 Mitsubishi Motors - 31,314 BMW North America - 21,253 Mercede Benz - 16,228 American Suzuki - 3,507
Last reply by Justin Bimmer, -
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2010 Chevy Silverado XFE updated to achieve best-in-class 22 mpg highway The XFE model's 5.3-liter V8 now has variable valve timing, optimized shift pattens in its 6-speed transmission, and new tweaks for its Active Fuel Management system that enables the truck to run on four cylinders at cruising speeds for longer. Story Link
Last reply by Justin Bimmer, -
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Tirerack.com has become a sponsor of Cheers and Gears. I personally have purchased so many sets of tires from TireRack.com that I've lost count. My experience with them has always been excellent. They have an expertise beyond your typical tire store, which is why I sought them out as a sponsor for our forum. If you are in the market for tires. Please give TireRack.com a try by clicking on one of the Tirerack.com banners on Cheers and Gears. You'll get a great deal on great tires and you'll help out Cheers and Gears as well.
Last reply by Drew Dowdell, -
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Under New Ownership! Avant1963 and I came to an agreement over the weekend where my company, Pittsburgh Living LLC, has purchased Cheers and Gears. Avant1963 will continue in an admin role for as long as he chooses. I have been a member of this site since 2003. In 2007 I was elevated to the admin group while helping out with a server move. Around the beginning of this year, Cheers and Gears was dying a slow, painful, death in the image of our favorite company. I decided to do some much needed maintenance and find ways to secure financing for server and software upgrades. Since that time I have filled the role of head admin previously held by FlyBrian and Josh befor…
Last reply by Drew Dowdell, -
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GM to name Dewar as Chevrolet chief in brand shake-up This is part of a leadership shake-up at two of the four surviving U.S. brands. Story Link
Last reply by Justin Bimmer, -
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GM North American design chief Bryan Nesbitt to run Cadillac, report to Lutz Cadillac's interim general managers, Steve Hill and Steve Shannon, will be reassigned to as-yet-unannounced roles within General Motors. Story Link
Last reply by Justin Bimmer, -
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Saab 9-5 Revealed Autobild has leaked 26 images of the new Saab 9-5 for us all to enjoy. Check it out.
Last reply by Intrepidation, -
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Lutz: Oops, G8 Not Actually Becoming Caprice Bob Lutz says on GM's Fastlane blog that he has come to realize that there is no business case for continuing to import the G8 as a Chevy. Story Link
Last reply by CSpec, -
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GM's Lutz: Now the gloves are off Bob Lutz promises to take on competitors shot for shot as the carmaker's marketing head. Story Link
Last reply by Justin Bimmer, -
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Majority of House supports bill to reverse dealer closings David Shepardson / Detroit News Washington Bureau Washington -- A majority of House members have signed onto a bill to reverse the closing of 789 Chrysler dealerships and block General Motors Corp. from closing more than 1,300, while the full House could vote on the bill as early as next week. The Automobile Dealer Economic Rights Restoration Act of 2009, sponsored by Rep. Daniel Maffei, D-N.Y., now has 221 cosponsors -- a majority of the 435-member House. GM's executives met with Maffei this week. On Wednesday, the bill had just 202 cosponsors. Late Tuesday, the House Appropriations Committee approved …
Last reply by Croc, -
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Pontiac G8 To Live On As Chevy Caprice Not long after "unretiring", Bob Lutz told Automobile Magazine that the highly praised Pontiac G8 will live on as the Chevrolet Caprice. Enthusiasts are no doubt very pleased to hear that such an excellent car will live on. Full Story
Last reply by Intrepidation, -
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- 420 views
New GM Launches Today Company Emerges from Bankruptcy Full Coverage in our Forums
Last reply by CSpec, -
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GM's Bob Lutz Reverses Retirement Decision, May Lead Global Marketing Wall Street Journal reports, however, GM PR is mum on this decision. Full Story
Last reply by Justin Bimmer, -
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The Tehran Firebird and Camaro club, with a hat tip to Andrew Sullivan.
Last reply by A Horse With No Name, -
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Senior Democrat senators said on Wednesday they would change a provision that imposes carbon taxes on imports following warnings that the clause in the House’s cap-and-trade bill could spark a global trade war. The House’s bill contained tough provisions to impose carbon tariffs, aimed at protecting American companies’ competitiveness against imports from countries without equivalent carbon emission controls to those in the US. Senator John Kerry, who is helping to write the senate’s version of the bill, said in a hearing on the issue on Wednesday: “We have already come to the conclusion in working on the Senate bill that we’re going to try and change that provision .…
Last reply by PurdueGuy, -
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Silverado Beats F-150 in Sales General Motors sold more Chevy Silverado 1500 pickups (119,959 units) in June that Ford sold F-150s (107,778 units), and that's not a fluke. Full Story
Last reply by Intrepidation, -
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BREAKING: Bankruptcy Judge OKs sale of good assets to New GM It's likely the fourth largest bankruptcy in history will be finished in about 6 weeks. Full Story
Last reply by Justin Bimmer, -
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By Jodi Xu If you are going to name a bank, it’s gotta be something big and strong like “Security First Trust and Federal Reserve.” And you have to name a bank that because nobody’s gonna put their money in “Fred’s Bank.” “Hi, I’m Fred, I have a bank. You got $1500? …ahhh, I’ll put here…in my white suit.” Steve Martin At a time when banks have acted more like customers’ antagonists rather than allies, one bank is trying to prove otherwise, at least with its new name. Today, GMAC Bank, owned by GMAC LLC, switched its name to Ally Bank. It is a reasonable approach, given the word’s meaning–that of supporter, assistant or helper. And GMAC has been so mired in trouble…
Last reply by Intrepidation, -
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Automakers will bring European designs to U.S., and stay with gas engines. Expect these new models to hit the road in the next five years. Everybody knows the auto world has shifted. The trick is divining which brands have got the gumption to last. Now, with President Obama's new efficiency standards requiring a fleet-wide fuel economy average of 35.5 miles per gallon, automakers have their work cut out for them. Domestic carmakers in particular are gearing up to battle forthcoming offerings from new-to-the-U.S.Fiat, with its diminutive 55.5-mile-per-gallon Fiat 500, and Chinese newcomer BYD, maker of the staid hybrid-electric F3DM sedan. Motor City had bett…
Last reply by daves87rs, -
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GMAC Bank Changes Name to Ally Bank In an effort to help improve its image, GMAC Bank, owned by GMAC LLC, is switching its name to Ally Bank Full Story
Last reply by Intrepidation, -
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- 435 views
Camaro Tops Mustang in June Sales Camaro sales are off to a strong start, and the Camaro has taken the crown from the Mustang for the month of June for highest sales of the Muscle trio. Full Story
Last reply by Intrepidation, -
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Source Car-Sales Rebound Seen for June Fewer Jobless Claims, Deep Discounts Spurring Demand; Ford to Raise Its Quarterly Production by 16% The beleaguered auto industry could see signs of strengthening demand when auto makers report U.S. sales for June on Wednesday, according to auto makers and analysts. Buoyed by fewer jobless claims and improved consumer confidence, annualized U.S. sales could hit 10 million this month for the first time in 2009, Ford Motor Co. analyst George Pipas said on Monday. The deep discounts that General Motors Corp. and Chrysler Group LLC have offered to boost sales are also likely to bolster June sales. Those factors suggest "the wo…
Last reply by A Horse With No Name, -
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After 25 years, GM ditches NUMMI tie-up with Toyota With no agreement on future product for GM, ties with NUMMI will be part of "Old GM" when bankruptcy is completed. Story Link
Last reply by Justin Bimmer, -
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- 432 views
New GM will take on future product liability claims, but not the current ones, against Old GM New developments state that GM has agreed to be responsible for future old GM liabilities but not the current ones. Full Story
Last reply by Intrepidation, -
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AP source: GM to build small car in Michigan Plant that currently builds the G6 and Malibu will reportedly build the new GM small car instead of plants in Spring Hill Tennessee and Janesville Wisconsin. Story Link
Last reply by Justin Bimmer, -
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GM to cut 4,000 more white-collar jobs by year end This in addition to 2,000 white-collar jobs already cut. Story Link
Last reply by Justin Bimmer, -
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My question is why is the US government giving tax money to Japan's Nissan Motor Co? The government of Japan would never give GM, Ford or Chrysler this kind of support, and the Japanese government would laugh in their face if they had asked for it. DETROIT (Reuters) -- Ford Motor Co will receive nearly $5.9 billion in U.S. government loans to spur development of more fuel-efficient vehicles, the Obama administration said today. Japan's Nissan Motor Co. will receive $1.6 billion, and startup green car maker Tesla Motors Inc. will receive $465 million in advanced technology financing from the Energy Department program. "By supporting key technologies and sound busin…
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Bankruptcy filing reportedly allows GM, Chrysler to shed hundreds of product liability lawsuits Eight separate states have filed objections to the provision in federal bankruptcy court on Friday. Story Link
Last reply by Justin Bimmer, -
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GM confirms 2010 Buick LaCrosse will be available with 2.4-liter Ecotech I4 With six-speed transmission, estimates of 20 city/ 30 highway for the 182 horsepower engine. Story Link
Last reply by Justin Bimmer, -
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- 437 views
GM North America President Troy Clarke Answers Your Questions on Friday at 10:00 AM Eastern Follow the link to submit your questions to be answered! Story Link
Last reply by Justin Bimmer, -
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- 449 views
GM cutting executive pensions, ex-CEO Wagoner to get pinched the most Wagoner could lose around 15 million of his 22 million pension plan. story link
Last reply by Justin Bimmer,
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