General Motors

http://www.smartmoney.com/breaking-news/on...8&afl=yahoo (the link to Sharon's article) An excerpt from the article: By Sharon Terlep Of DOW JONES NEWSWIRES DETROIT -(Dow Jones)- General Motors Corp. (GM) Chief Executive Rick Wagoner has taken to YouTube to convince the world that that the auto maker will emerge from its latest turmoil. Wagoner, in an unusual move for an executive of one of the world's largest companies, used the popular video sharing web site to stress that GM is doing what needs to be done to overcome the challenges facing the company. Chairman/CEO Wagoner's YouTube Link. So far no comments. Wonder if he ever scans this site of ours?…

An Open Letter to G. Richard Wagoner, Jr., Chairman and Chief Executive Officer, General Motors Corporation From Randal Charlton, Executive Director of TechTown, the Wayne State University Research and Technology Park – www.techtownwsu.org – in Detroit, one of Michigan’s 16 high technology business incubation and economic development parks November 21, 2008 Dear Mr. Wagoner: Congress has asked you and the rest of the Detroit auto industry to come back by December 2 with a plan that can help your companies survive as well as serve the interests of the taxpayers. Detroit was once the business heartbeat of America. Now, unfortunately, to some outside the state, it …

heres another article

GM Says Pricing Is Working PR spin prefaces sales figures due out this week. by Paul A. Eisenstein (2006-03-27) The "top-line" story isn't a good one for General Motors. The automaker expects to report a one-percent decline in first-quarter U.S. market share when March numbers are tallied up at the end of this week. But digging just a little deeper would reveal a more positive picture, senior company officials asserted during a Monday afternoon briefing for reporters. The decline in overall, or top-line, sales is largely the result of declining fleet sales, said GM's director of market analysis, Paul Ballew. On the retail side, he stressed, the automaker is act…

Pontiaction: 3,600 Workers to be Relocated General Motors Corp. said Wednesday it will move 3,660 workers out of Pontiac to other metro Detroit offices by the first quarter of 2008 in an effort to become more efficient. Most of the workers will relocate to GM's technical center in Warren, and others will go to the corporate headquarters in downtown Detroit. No jobs are to be lost in the moves, which will allow GM to get rid of excess office space created through years of restructuring and retirement, GM spokesman Dan Flores said. Detroit Free Press

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Amy Wilson Automotive News October 11, 2008 - 12:01 am ET DETROIT -- In a bid to conserve cash, General Motors is giving itself more time to pay its North American non-production suppliers. Effective Oct. 1, GM says it is paying its "indirect" suppliers 60 days after receiving goods or a valid invoice, GM spokeswoman Deborah Silverman said yesterday. The company previously paid those vendors on a "second day, second month" basis or within about 35 days, she said. Despite the longer terms, payments will be made more frequently -- on a weekly basis, rather than once a month. GM has about 10,000 indirect suppliers in North America. They provide services and n…

This past year has seen General Motors not be shy with scaling back operations in various international markets. The company sold off Opel/Vauxhall to PSA Group, ended sales of Chevrolet vehicles in India, and closed down their operations in South Africa. Now, GM's Korea operations are on the chopping block. Last week, GM CEO Mary Barra revealed that company officials were in discussion with minority owners and union officials that could lead to "some rationalization actions or restructuring." "We're going to have to take actions going forward to have a viable business," said Barra during a conference call talking about GM's 2017 financial results. Sales of…

Is This Detroit's Last Winter? This is the thanks you get for creating the middle class, Henry. In the throes of the biggest auto swoon since 1931, the headmen of Detroit go hat in hand to Washington to try to keep their once mighty industry upright for a couple of months and are treated as if they had invented the four-wheel-drive subprime mortgage. AIG torpedoes the entire economy and gets a $150 billion handout; Citigroup takes risks no sane manufacturing company would even contemplate and is rewarded with a $20 billion federal bailout. And the car guys? full article here

Washington -- The Obama auto task force is preparing to loan General Motors Corp. about $5 billion in additional federal short-term aid, and Chrysler LLC $500 million, an Obama administration official familiar with the matter said Thursday. The disclosure assigns a dollar amount to the pledge of continued short-term support issued late last month by the administration, after it rejected GM's and Chrysler's restructuring plans and requests for up to $21.6 billion in additional assistance. The official said the decision was expected to be announced next week -- though the precise amounts were still the subject of talks between the government and the automakers. The Whit…

Enjoy Link: http://www.autolinedetroit.tv/journal

October 30, 2008 - 6:45 pm ET WASHINGTON (Reuters) -- The U.S. Treasury Department is not negotiating with General Motors and the owners of Chrysler LLC on a request to provide direct government aid to their proposed merger, a Bush administration official said today. Instead, the administration is working to speed the distribution to automakers of $25 billion in factory retooling funds authorized by Congress last month, the official told Reuters. Earlier this week, industry sources said GM had asked for roughly $10 billion in an unprecedented government rescue package to support its acquisition of Chrysler from Cerberus Capital Management LP. The request was view…

Thursday, February 09, 2006 Struggles at General Motors GM cuts fail to silence doubters Prominent analyst 'disappointed by the limited cash savings' in restructuring effort. Bill Vlasic / The Detroit News DETROIT -- Shares of General Motors Corp. slid 4 percent Wednesday after a prominent investment analyst downgraded the stock and cast doubt on the effectiveness of GM's turnaround efforts. GM stock closed at $21.99, down 82 cents, in trading on the New York Stock Exchange as Deutsche Bank analyst Rod Lache cut his rating from "hold" to "sell" and lowered his target price for GM shares to $17. The report highlighted the concerns on Wall Street and among investors …

We know GM is developing diesels for the US. My question is how are these going to be released? Will they be launched just in new models and MCEs, or will they be made available for all models that can take them ASAP? The reason I am asking this is that my ideal vehicle would be an SRX, and I am wondering the probability that GM would release a diesel version of it as the engine becomes available, especially since its future is in doubt. I want to be green as well as plan for the future (diesel engines can switch to biodiesel fuel with no problem, whereas a gasoline engine making a fuel switch needs modifications).

Well, I remember reading throught pontiac's history according to, of course, pontiac.com and I remember reading that in like 1937 or so... pontiac used a new slogan "Built to Last 100,000 Miles" and "The most beautiful things on wheels" and also in 1932 Pontiac, although it was a fairly new brand sales rose 50% with usage of advertising campaigns targeting women... the 60's were the best years for GM... GM had vehicles that women wanted, and guys could impress a woman with. excuse my quote but like 2pac said "N**ga's want what the B**ches want" so market things for women... make a car that a girl would like to get p…

http://www.detnews.com/2005/autosinsider/0.../C01-306262.htm Wednesday, September 7, 2005 GM gets tough in talks with the CAW General Motors takes a harder line on Canada labor costs than its rivals in contract negotiations. Detroit News staff and wire services General Motors Corp. is taking a harder stance than its U.S. rivals in negotiations with the Canadian Auto Workers as the union prepares to pick a target for the talks, CAW President Basil "Buzz" Hargrove said. "GM is much tougher on saying we can't add costs, we can't do this, we can't do that," Hargrove said. "You have to read all of this as a message. I…

DETROIT NEWS

http://www.gmgoodwrench.com/GMPerformanceParts/home.jsp ...with Virtual Dyno

http://www.autoblog.com/2011/01/27/general-motors-withdraws-14-4b-loan-request-from-doe/ GM's chief financial officer Chris Liddel, outlined the automaker's choice to cancel its loan request, stating: This decision is based on our confidence in GM's overall progress and strong, global business performance. Withdrawing our DOE loan application is consistent with our goal to carry minimal debt on our balance sheet.

...the catch is that neither are out yet. Interesting choices: http://money.cnn.com/popups/2006/autos/crossovers/index.html

LaNeve: GM's Sales Slide has "Bottomed Out" General Motors Corp. U.S. sales decline has “bottomed out,” marketing chief Mark LaNeve told reporters in New York on Wednesday, and the company hopes to end a four-year slide in U.S. market share next year. “If we grow a tenth of a point next year, I’ll be thrilled out of my mind,” LaNeve said, according to a report from Bloomberg News. GM is counting on new SUVs and redesigned cars, pickups and SUVs to stop the fall, LaNeve said. CEO Rick Wagoner is to brief reporters and industry consultants on GM’s restructuring and plans for new models later today at a meeting in Detroit. Detroit Free Press

DETROIT -- General Motors Corp.'s board of directors is expected early next week to discuss a possible board seat for Jerry York, a key aide to billionaire investor Kirk Kerkorian, according to people familiar with the matter. Kerkorian, who owns a 9.5 percent stake in GM, said last week that he plans to buy more shares and may seek representation on the automaker's 11-member board. While Kerkorian has not publicly identified his choice for the board, people close to the situation say the 88-year-old casino mogul now is pressing GM to install York as a director. GM spokeswoman Toni Simonetti declined to comment. York, the former chief financial off…

General Motors Corp., which was 103 years old and was once America's largest company quietly died on Dec. 15, 2011. There were no ceremonies or anyone present to mark the company's passing. General Motors Corp. was founded in 1908, acquired more than 20 other companies in its life, including Oldsmobile, Chevrolet, Opel, and Oakland. It would become the world's largest Automaker from 1931 until 2008 when it was eclipsed by Toyota. For much of the century it was the world's largest company, and at one point employed more than 600,000 people. In its final years it was known as "Old GM", although it had been been officially renamed "Motors Liquidation Co. when it went into …

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Her are some pics of the new Transformers movie Camaro named bumblebee. This could be the first hint of what the production camaro looks like. Notice the headlight, interior shot and smaller wheels. More Pics of the Transformer Movie at link: http://www.flickr.com/photos/suzanneandsim...with/158237936/

Delphi delays motion to void union contracts Friday 17 February 2006, 10:46am EST By David Bailey CHICAGO, Feb 17 (Reuters) - Bankrupt auto parts supplier Delphi Corp. on Friday said it would delay to the end of March filing court papers to void its labor contracts and to cut retiree benefits, citing progress in talks with unions and its former parent General Motors Corp. A filing, which could have come as early as Friday, would not immediately have led to a strike at Delphi, which in turn would quickly cripple U.S. automaker GM. However, it was seen as likely heightening tensions in the complex negotiations among the three groups. Delphi filed the biggest bankrupt…

a base XL-7 2wd for like 23,500. with AWD it adds 1600. great deal. 7 passenger adds a grand. about 26,500 for the model with leather. the top model is another 2 grand, or 28,500. Maxxed out this thing would barely top 30g. I think this vehicle should sell well. the GM engine and features per dollar should make it a hit.

Judge approves Delphi-GM-UAW attrition plan By Nick Zieminski Fri Apr 7, 6:43 PM ET Bankrupt auto parts maker Delphi Corp. (Other OTC:DPHIQ - news) won court approval on Friday for its attrition agreement with former parent General Motors Corp. (NYSE:GM - news) and the United Auto Workers Union. The deal frees Delphi to offer GM-funded retirement incentives to about 13,000 UAW members, and allows 5,000 workers a chance to return to factory jobs at GM. Delphi, which last week asked the court for permission to reject its labor contracts, has described the attrition plan as a first step to slashing wage and benefit costs and reversing losses in its U.S. operations. "We …

Suzuki to debut Verona replacement at Frankfurt By TONY LEWIN | Link to Original Article @ AutoWeek | Updated: 05/29/07, 8:20 am et Suzuki Motor Corp. plans to build a mid-sized car and sell it in North America and Europe. The Japanese automaker will unveil a concept of the car at the Frankfurt auto show in September. Suzuki Europe spokesman Axel Seegers said the car will be offered in a number of body styles, but he would not elaborate. Company sources say Suzuki plans a sedan, hatchback and station wagon. Last year, Suzuki in the United States dropped the Verona, a mid-sized car assembled by GM Daewoo Auto & Technology Co.

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GM to Cut Output at 3 Plants, Affecting 1,500 Workers (Update2) By Greg Bensinger Oct. 16 (Bloomberg) -- General Motors Corp., the largest U.S. automaker, plans to reduce production at two Michigan factories and one in Delaware by Feb. 2 because of declining sales, affecting about 1,500 workers. The cuts are in Wilmington, Delaware, involving 400 workers; Hamtramck, Michigan, with about the same number affected; and Pontiac, Michigan, with about 700 employees, GM spokesman Tony Sapienza said today in an interview. The plants build full-size pickup trucks, large sedans and sports cars that have lost U.S. sales this year through September as GM's total has declin…

Reuters Navistar fires long-time auditors; to restate profits Friday April 7, 5:22 pm ET CHICAGO (Reuters) - Truckmaker Navistar International Corp. (NYSE:NAV - News), which earlier this year had blamed its long-time auditor for a delay in filing its annual report, said on Friday it has fired the auditor and will restate earnings going back to 2002 to fix accounting errors. The Warrenville, Illinois-based company said its audit committee had terminated its 98-year relationship with Deloitte and Touche and hired KPMG as its new independent auditor. Earlier this year, Navistar failed to file its Form 10K annual report with U.S. regulators and blamed the delay on …

DETROIT -- General Motors Corp. Vice Chairman Bob Lutz said Tuesday the automaker will save billions in development costs with a new global engineering plan, but he wouldn't discuss some critical issues facing GM, including Delphi Corp.'s bankruptcy. Lutz also didn't address investor Kirk Kerkorian's efforts to increase his stake in GM. GM's shares rose 94 cents, or nearly 4 percent, to close at $26.42 on the New York Stock Exchange after the U.S. Federal Trade Commission said it won't challenge Kerkorian's plan to increase his stake in GM to nearly 10 percent. Kerkorian has said he may seek a seat on GM's board. Lutz said that…

Well Friday I overheard 1 of the head business managers discussing how GM was breathing down our dealerships back for being down... GM apparently is up 13% (and it might just be a certain segment, or just overall) but our dealership (2nd largest in western Devision) is down on sales... so i got to thinking... What is up 13%...? did anyone notice a certain segment that last month was up 13%? and why would our store be down? if comparing between augusts sales... I wonder if this has to do with inventory from 2005? because August we still had lots of inventory... durring GMS last year we blew out 1500 brand new chevys in just 4 months... the inventory crunch neve…

“General Motors has developed an all-new digital vehicle platform necessary for its next-generation of vehicles, EVs, active safety, infotainment and connectivity features, and the evolution of the Super Cruise driver assistance feature.” To quote their press release. GM-2020-ElectricPlatform.mp4 We have heard that GM has their next EV platform that will cover multiple new auto’s and that GM has their global ICE auto platform. The one thing that no one has talked about is the nervous system that is underneath these new autos. Tesla has proven that technology can sell and that the younger generation is wanting an auto to stay current much like the…

CADILLAC TOP BRAND, GM HAS 11 CATEGORY WINNERS IN AUTOPACIFIC AWARDS .... Cadillac was named the top brand among all sold in the U.S., and eleven GM vehicles were the top in their categories in AutoPacific's 2008 Vehicle Satisfaction Awards (VSA). The awards were based on the results of AutoPacific's 2008 model year vehicle satisfaction research that measures how satisfied an owner is with their new passenger car or light truck. The brand with the highest satisfaction rating is Cadillac. The vehicle - car or truck - registering highest overall satisfaction in 2008 is the new Toyota Sequoia Large Sport Utility Vehicle. The passenger car with the highest overall satisfa…

Friday, December 16, 2005 Tahoe GM gets earlier start on '07 SUVs Automaker cites new engineering approach as it begins output weeks sooner than predicted. Brett Clanton / The Detroit News DETROIT-- General Motors Corp. has begun producing a new lineup of full-size SUVs earlier than expected after saying last spring it would speed up the program to help restore profits and boost lagging sales. The automaker started producing the 2007 Chevrolet Tahoe, GMC Yukon and Cadillac Escalade in the last week of November, one week ahead of an already accelerated timetable aimed to begin output five weeks early. Gary White, GM vice president over full-size trucks, said t…

Jason Stein July 7, 2008 06:01 CET Should Rick Wagoner have spent a little more time in Europe? Four years ago, in a sun-drenched stretch of the French countryside, General Motors chose a gorgeous setting near Fayence to unveil its future strategy to the world's journalists. GM's PR folks called it a Global Product Seminar, but Europe was clearly on everyone's mind. There were new Corsas, new Astras, new diesels and new plans for GM to stake its claim as an international powerhouse. A barrel of oil was under $40. Gasoline was about $2.00 a gallon. Full-size trucks and SUVs were delivering barrels of cash. Would North America need the small stuff? Nah. Not i…

Rick Wagoner speaks out about all the rumors circulating about the imminent downfall of GM. This of course is according to the media and their witchhunt to do in GM. http://leads.gm.com/thoughts/wagoner_111505.html

GM CEO jokes about automaker's reported demise Fri Feb 17, 2006 6:07 PM ET MIAMI, Feb 17 (Reuters) - Responding to reports suggesting General Motors Corp. is heading for the automotive junk heap, its chief executive joked on Friday about the words a man might like to hear from a mourner at his own wake or funeral. "Look, he's moving," was the punch line, which GM Chairman and CEO Rick Wagoner delivered to laughter in a speech to the Greater Miami Chamber of Commerce. It was a rare moment of levity for Wagoner, who is under enormous pressure to turn around GM after its stunning $8.6 billion net last loss year. "Despite some speculation to the contrary, we at GM are st…

Bob Lutz Once Considered A Run For Michigan Governor William Maley - Editor/Reporter - CheersandGears.com July 7, 2011 Bob Lutz, GM's former Vice Chairman and demigod actually considered a run for Governor of Michigan. Talking with the Detroit Free Press, Lutz said he considered running in 2010 election for Governor of Michigan once he left GM. However, Lutz would pass on the idea. "The endless meetings and events around the state. And then he told me how much I would have to raise and how much I would personally have to spend on it. I said, No way," Lutz told the Detroit Free Press. It's understandable why Lutz decided not to run, but it would have be…

Durakon Expands Application of Its Paint Film Technology With General Motors Durakon Expands Application of Its Paint Film Technology With General Motors LAPEER, Mich., Jan. 4 /PRNewswire/ -- Durakon Industries, a leading provider of thermoformed products and paint film technology to the automotive industry, announced today that General Motors will begin high volume application of the company's thermoformed paint film rocker panel. Over the past several years, Durakon has been a leading industry supplier focused on developing and introducing exterior automotive parts produced by combining thermoforming with paint film technology. Combining these techno…

DETROIT -- As General Motors moves to value pricing, it is training its dealers to boost sales of add-on accessories. Retail sales of accessories are an estimated $30 billion a year business in the United States. The business grew by two-thirds between 1998 and 2004. GM dealers sold about $1 billion in accessories last year, says Nancy Philippart, executive director of General Motors Accessories. "Customers have more flexibility and choice at the point of sale," Philippart says. "They get what they want, and that increases our odds of making the (vehicle) sale." With value pricing, GM wants to curb incentives and move transaction pri…

From my local paper via the Associated Press: >>>A 24-year old tax dispute between the city and GM has ended, clearing the way for plans to sell & redevelop the company's Route 1 and 9 property where auto production ended two years ago. The two sides announced during Tuesday's City Council meeting that they have reached a settlement in which the city will pay the Detroit-based automaker $4.8 million to settle tax appeals for 2005, 2006 & 2007. The city has been in litigation with General Motors over its municipal tax assessment ever since the company appealed its 1983, 1984 & 1985 assessments. Over the years, there have been court rulings for both s…

By Micheline Maynard Monday, June 1, 2009 Provided by The New York Times Link to Article It is a company that helped lift hundreds of thousands of American workers into the middle class. It transformed Detroit into the Silicon Valley of its day, a symbol of America’s talent for innovation. It built celebrated cars, like Cadillacs, that became synonymous with luxury. And now it is filing for bankruptcy, something that would have been unfathomable even a few years ago, much less decades ago, when it was a dominant force in the American economy. ------------------------------ I thought this was a really good article.

Bankruptcy, Shmankruptcy Jerry Flint, 02.13.06, 12:00 AM ET Enough already on General Motors and Bankruptcy. I am tired of the B-word. GM isn't going bankrupt this year; GM isn't going bankrupt next year; 2008 is so far off that even Bill Gates could be bankrupt by then. It's dangerous to go three years out, but no, I wouldn't expect GM to go bankrupt in 2008, either. Why not? The company has $19 billion in the kitty and just about $100 billion in the pension fund. But there's more here than the balance sheet. When I was a boy, there was one reason companies went bankrupt: They couldn't pay their bills. GM can pay its bills, so that's not a problem. The new reason f…

Hey guys making SUV's is the easy way out for GM. They need to make smarter cars than the Asian manufactures. Gasoline is never again going to be cheap. With all of their research facilities GM need to take it by the balls and stamp the market with a new fuel system to combat the worlds dependance on Arab oil. In 1969 we landed a man on the moon using a pocket calculator as its computer.Nealrly 40 years on we still using the 'internal gasoline motor'. Comm on GM wake up and smell the coffee. Rusty Adelaide South Australia

August 29, 2008 - 11:15 am ET DETROIT (Reuters) - General Motors Corp. is recalling 857,735 vehicles equipped with heated windshield wiper fluid system for a potential short circuit problem, according to federal safety regulators. A short circuit in the system may cause other electrical features to malfunction, create an odor or cause smoke, increasing the risk of a fire, the National Highway Traffic Safety Administration said on its website. Link: http://www.autonews.com/apps/pbcs.dll/arti...p;rssfeed=RSS31

Back on Wednesday, we reported that the National Corvette Museum in Bowling Green, Kentucky had a sinkhole open up and take with it eight Corvettes; two of those on loan from General Motors. Now, GM is stepping and saying it will fix all of the Corvettes. In a statement, GM says the damaged Corvettes will be shipped to the GM Motors Design facilities in the Warren Tech Center where they will get a look over and be fixed. GM's vice president of global design, Ed Wellburn will look over the process. “There can only be one 1-millionth Corvette ever built. We want to ensure as many of the damaged cars are restored as possible so fans from around the world can enjoy them whe…

I'm surprised I haven't seen a topic about this yet, as its already a day old or so. Oh well here ya go: GM kicks butt in Edmunds survey Edmunds.com just released their "Consumers' Most Wanted Vehicle Awards for 2007," and GM cleans ups with 13 first place finishes, with the GMC Acadia being named "Most Significant Vehicle." So a big, hearty CONGRATS! goes out to the General. Well done, indeed! Full results here: Edmunds.com Announces Consumers' Most Wanted Vehicle Awards for 2007 Naturally GM's "Maximum Bob" Lutz couldn't wait to get the story out, as his blog is here. Original Article

Not strictly right for this forum, but critical. http://web.camaross.com/forums/showthread.php?t=521398

Can anybody tell me what is planned for Lordstown Assembly when the Cobalt is done in 09. I have heard several rumors about GM extending production there, and I have also heard rumors of a new product. Can anybody fill me in?

GM taps Detroit/Hamtramck plant to build its electric car Sep 29, 2007 (Detroit Free Press - McClatchy-Tribune Information Services via COMTEX) -- If General Motors Corp. manufactures the Chevrolet Volt, the automaker will build the extended-range electric vehicle in its Detroit/Hamtramck Assembly plant, the UAW said Friday in its summary of the tentative agreement. The deal includes a plan to assemble the Volt starting in 2010 at the facility, known as the Poletown plant because of the area's ties to the Polish American community. The Volt announcement, coupled with other commitments for the plant that are to begin as early as 2009, seems to move GM's hometown a…

GM looks east to Asia Pacific in new era of opportunity for Holden GM HOLDEN will become part of a powerful new Asian-based global operation under the ‘New GM’ that emerged from General Motors’ Chapter 11 bankruptcy on Friday. In a dramatic swing to the east, where GM operations have been smashing sales records in contrast to the company’s decline in the US and Europe, all of GM’s overseas operations will be managed from Shanghai under a new branch, GM International Operations. It will be run by GM Asia Pacific president Nick Reilly, who has been promoted to GM vice president of international operations under the restructuring announced by GM CEO Fritz Henderson. …

Within a few days, General Motors has announced ten new recalls covering close to eight million vehicles in the U.S. alone. The largest recall of the ten is for 6.8 million vehicles in the U.S. (7,610,862 vehicles in North America) for ignition switches that can rotate out of the run position. GM says this is problem with how the key is designed and not the switch itself. 1997 - 2005 Chevrolet Malibu 1998 - 2002 Oldsmobile Intrigue 1999 - 2004 Oldsmobile Alero 1999 - 2005 Pontiac Grand Am 2000 - 2005 Chevrolet Impala 2000 - 2005 Chevrolet Monte Carlo 2004 - 2008 Pontiac Grand Prix Another group of vehicles, totaling 616,179 of these vehicles are in No…

WENDOVER, Utah - It took Mother Nature millennia to create the Bonneville Salt Flats, but she needed only a few hours of hard rain to wash out this year's Bonneville Speed Week. After two days of speed trials, a violent storm swept through northern Utah on the evening of August 16, leaving standing water on the immense natural speedway and compelling officials to cancel the final four days of the event. Before the rain came, journalist Don Sherman drove GM Performance Division's Ecotec Lakester to a 189.205 mph speed record in G/BGL (G Class/Blown Gas Lakester). Sherman eclipsed the 179.381 mark set in October 2004 by GM engineer Mark Dickens with the high-tech reincar…

General Motors Corporation (NYSE:GM) and Tracinda Corporation jointly announced today that, although the parties have had constructive discussions, they have not been able to reach a mutually satisfactory agreement for Jerome York to join the Board of Directors of General Motors at this time. However, the parties expect that they may continue to have discussions in connection with this matter in the future.

http://www.smartmoney.com/bn/ON/index.cfm?...109-000270-0950 http://www.miami.com/mld/miamiherald/busin...ng/13570760.htm

Jamie LaReau Automotive News August 25, 2008 - 12:01 am ET DETROIT — The world in which General Motors operates is a very different place from what it was a year ago. Gasoline prices are at unprecedented highs, the green movement has gained momentum that likely won't be reversed, the slump in housing has killed the demand for high-profit pickups and SUVs, and the Detroit 3 are running out of cash. Add to that strict new federal fuel economy regulations. Although GM has vowed to not let those factors diminish its future product lineup, they are affecting how many products the automaker will build. Economic conditions turned so severe that in June, GM put its…

Detroit Free Press covered the annual GM Analysts call this week and with the second quarter results it showed that GM has lost $800 million in the quarter but over all North American Earnings were breakeven and this was with 8 weeks of shutdown. Over all the Stock beat wall streets estimates and yet still sold off in large numbers during the pandemic closure. Analysts had plenty of questions for GM with a major question of will GM consider spinning off their technology arm which would include electric vehicles operations into a stand alone company? The idea of a stand alone GM Tech company is to recognize the advanced tech GM has over other auto companies and t…

Article General Motors Wants You To Help Write Its Memoirs Date posted: 02-08-2008 DETROIT — As part of the celebration of its 100th anniversary, General Motors is asking the public to "share their personal, first-person experiences" with the automaker. "We welcome everyone to share their stories and build a rich and continuously evolving history of GM's people and products," said Steve Harris, GM vice-president of communications. To submit a reminiscence, writers are asked to contribute to the Generations of GM Wiki on GMnext.com, where they can post a picture, write a story or read what others have written. Apparently, censorship will be kept to a minimum, …

Here are some surrvey numbers from Autobytel.com Not sure how accurate these are but it might be worth checking them out as they are not what I expected. Hybrid owners are 40% Republican 36% Democrat 21% live in the Midwest 31% in the Northeast and 16% on the West Coast 57% are over 45 years old 49% do not have collage degrees 33% make less than $40,000 a year Now I know this most likley includes many Flex Fuel Taurus and pick up trucks in Iowa. But need less to say I still figured the tree hugging West Coasters would have been more dominate just with the Prius and Honda Hybrids. I think it would be real interesting to see some real demographics on who a…

Okay, let's say that the board of directors decides to fire Rick Wagoner sometime in the near future. The question now is: Who takes his place? This is a question that I have been pondering over for the last few weeks. Some members of this forum seem to be hell-bent on seeing Wagoner get the boot, regardless of what the fallout would be. Others feel that Wagoner is doing as good a job as possible given the circumstances, and should not be fired at all. Still others (myself included) think that, while change at the top would be beneficial, there isn't much point in firing Wagoner if he would be replaced by another equally inneffective, GM-enculturated administrator; the…

Lifestyle pickup is what GMC calls the GMC Hummer EV, shortly afterwards the Chevrolet division announced their electric full-size pickup truck and now GMC will also have a full-size pick that will fit in with their traditional GMC Pickup truck line. Aldred according to the various news sources declined to confirm or deny if the truck will be named Sierra matching their current ICE full-size traditional pickup line. GM did confirm that the GMC Hummer is on track to start production and deliveries this fall about the same time Rivian starts shipping to customers as their electric assembly plant ramps up to full scale production which now will include a Chevrolet…

GM announced 2000 job cuts today. What shocked me was reading Cobalt production dropped from 21,000 in June to 13,000 in December. Maybe GM should look into pushing up the introduction of the Cruze.

GM Sells Majority Stake in GMAC General Motors Corp. sold a majority of its General Motors Acceptance Corp. finance unit to a group led by Cerberus Capital Management LP on Thursday, raising $7.4 billion in cash and completing a transaction that began in April. GMAC will be able to borrow at a lower cost by separating from its parent, cutting GM's cost to sell cars to customers. The sale of a 51 percent stake meets a goal of CEO Rick Wagoner as he works to recover from last year's $10.6 billion loss. GM will take a $2.7 billion distribution from GMAC as part of the transaction, meaning it will get a total of $10.1 billion for the stake this year. GM will get another …

GM Sales Fall But Market Share Rises NewsTrack - Business Link to Original Article @ UPI.com DETROIT, Oct. 20 (UPI) -- General Motors Corp. said Friday this summer's sales were down 3 percent compared to last year's summer sales. On the positive side, however, GM's U.S. market share has risen each quarter of the current year, from 23.8 percent in the first to 24.1 percent in the second, MarketWatch reported. Overall, the world's biggest carmaker sold almost 2.3 million cars and trucks worldwide from July through September, with China and Russia showing unit sales increases of 37 percent and 64 percent, respectively. Year-to-date sales of Chevrolet were up 27 pe…

General Motors and Honda have been working together on hydrogen fuel cells since 2013. The result of this work has led to new, more economical fuel cell stack that the two companies will build together via a joint venture in 2020. Today, the two automakers revealed the new joint venture - Fuel Cell System Manufacturing, LLC. Based at GM's battery facility in Brownstown Township, MI, the venture will bring 100 new jobs and cost $85 million between the two companies. The fuel cell stack shown today is similar to the one currently in the Honda Clarity FCV. The difference is the stack shown uses fewer materials and is simpler to produce. “Over the past three years, en…

Time for a bit of an inception moment. Today, General Motors is recalling one of their recalls that was issued on Monday. The company explained that the one pertaining to the 2014 CTS doesn't cover all of the CTSes. Wait, we just made that somewhat confusing. The 2014 CTS Coupe and Wagon, which are based on the second-generation model are effected by this recall. The 2014 CTS sedan, which is brand new isn't a part of this. Why GM didn't make this clarification when they announced the recall is unknown. Our best guess is that GM was in rush when getting these recalls out and forgot to note that. Source: Detroit Free Press View full article

Link to article END OF THE ROAD Thomas Cadillac Of Hartford, Parsons Chevrolet Of Farmington Shut Down By ERIC GERSHON and KENNETH R. GOSSELIN | The Hartford Courant February 25, 2009 Connecticut auto dealerships continue to disappear amid the meltdown of the U.S. automobile industry. In Hartford, Thomas Cadillac on Weston Street, a dealership that has operated in the city since 1929, closed last Friday. The closing follows the shutdown in December of Tony March Buick- Pontiac- GMC and Saturn of Hartford, also in the North Meadows area of Hartford. Parsons Chevrolet of Farmington also shut down Friday. It was founded in 1916 by Robert E. Parsons and had …

HUMMER, GM Foundation Mark American Red Cross Month With Thanks, Vehicle Donations DETROIT – In recognition of March as American Red Cross Month and the partnership with the American Red Cross, HUMMER and the GM Foundation announce the delivery of 10 more HUMMERs to Red Cross chapters across the U.S. Red Cross chapters in Atlanta ; Detroit ; Los Angeles ; New York ; Norfolk , Va. ; Philadelphia ; San Diego ; San Francisco ; and Washington , D.C. will receive a combination of H1, H2 and H3 vehicles to strengthen their emergency preparation and disaster response capability. These vehicles are part of a committed 72 vehicle fleet that will include a combination of H1, H2…

GM vows to defend title against Toyota By TOM KRISHER http://www.businessweek.com/ap/financialnews/D8MF41100.htm From AP

http://www.autoblog.com/2006/04/20/general...nches-new-blog/ http://fyi.gmblogs.com/ i hope this hasnt already been posted, if so please delete

Not sure if this is the proper forum for this question, but where are the various GM locations in the US? More specifically do they have an office or something in Traverse City, MI? On the recently added Camaro production announcement topic from the homepage, there was a GM newsletter with information on it's release and I noticed that it said Traverse City, MI near the beginning of the main article. My wife's family, and her and I, have all considered moving out near that area, but were concerned over what work would be available. Of all the years we've traveled to Traverse(from Chicago), none of us knew there was anything GM related in the area. Can anyone confirm?…

FOR RELEASE: 2005-12-09 Aspen Celebrates Delivery of Hybrid Buses GM delivers hybrid power for buses added to RFTA transit fleet ASPEN, Colo. - A fleet of seven New Flyer transit buses powered by General Motors hybrid technology will be helping to preserve the natural beauty and environment in Aspen and Roaring Fork Valley. The Roaring Fork Transportation Authority (RFTA), the City of Aspen, the Town of Snowmass Village and Pitkin County join the growing ranks of communities investing in transit buses powered by General Motors' hybrid technology, which offers cleaner emissions and greater fuel economy than conventional diesel buses. The Roaring Fork Valley …

A while back, I posted my article about the 2008 Chevelle. I posted it, but it didn't work. I'm posting this topic from a remote computer and next time I get on the internet, at my home, I'll post it. But it is just the way I described it. It's red with not dualm but triple exhaust, and only four copies exist. GM still hasn't let me know how they think about it, so I decided to post ot on the internet. If you so talk about it, call it D6 so GM will notice it.

GM’s Opel rejects Belgian emissions claim Andy Sharman in London The Zafira, a family car sold by the European arm of General Motors, has come under fresh scrutiny for its emissions performance in the wake of the Volkswagen diesel scandal. GM's Opel division said it had been made the subject of "false accusations" after a report by Belgian broadcaster VRT claimed it had been secretly modifying the emissions performance of its cars using unexplained software updates since the VW scandal emerged in September. Financial Time's full article. Bern University of Applied Sciences and environmental lobby club DUH previously found this model to pass E…

If we want a new chevelle we need to let GM know. My chevelle has 2 SS models, SS1 and SS2. SS1 has an LS1 engine with 350 HP, SS2 has a 454 LS6 with 450HP. The first LS6 under the hood of a Chevy since 1970. It would be awsome!! :CG_all:

Harris returns to head GM public relations Jamie LaReau Automotive News / January 31, 2006 - 12:26 pm -------------------------------------------------------------------------------- DETROIT -- Beset by bad press and a skeptical Wall Street community, General Motors is bringing back its former public relations chief, Steve Harris. According to an internal company message, Harris will resume his former job as vice president of global communications on Wednesday, Feb. 1. He replaces Tom Kowaleski, 54, who took that job after Harris retired in 2004. Kowaleski is leaving GM to pursue other interests. According to a company insider, senior GM executives have concluded th…

It looks like GM is making headway across the border with our friendly neighbors to the north. Here are the winners by category according to CanadianDriver... http://www.canadiandriver.com/articles/pw/..._catwinners.htm

Link to article:http://www.marketwatch.com/News/Story/Stor...44}&siteId=mktw

Craig Trudell Automotive News June 24, 2008 - 4:19 pm ET DETROIT -- General Motors, grappling with the dramatic shift in sales from pickups and SUVs to smaller vehicles, said it will adjust production at almost half of its North American assembly plants. The automaker is adding overtime and speeding up lines where its cars and crossovers are made and temporarily closing plants making trucks and SUVs for as long as 12 weeks in the second half of the year. GM is cutting production even after slowing or idling up to 30 plants during the three-month UAW strike at American Axle & Manufacturing Holdings Inc. On Monday, June 23, GM said it plans to reduce picku…

DETROIT (Fortune) -- If you want to understand how the old General Motors stumbled for 30 years until it collapsed into bankruptcy, consider the story of GoFast. GoFast was a program started in 2000 by Rick Wagoner, then the company's president (and later CEO), to untangle bureaucracy. The idea was simple: When negotiations over an issue reached an impasse, all the interested parties would be put together in one room until they agreed on a decision. Human resources was assigned to spread GoFast through the company. It trained GoFast coaches, arranged thousands of GoFast workshops, staged GoFast feedback sessions, and distributed GoFast coffee mugs. At one point, GM c…

BY KATIE MERX • FREE PRESS BUSINESS WRITER • August 16, 2008 TRAVERSE CITY -- The Chevrolet Volt is expected to be the first of many electric vehicles General Motors Corp. will launch in the next few years, executives said this week. Top executives on the Volt and its E-flex electric propulsion system said they are working on the design and engineering of the next vehicles the automaker will launch with the range-extended lithium-ion battery propulsion system. "The significance of the project has increased," Frank Weber, the engineer and executive in charge of the Volt and E-flex system, said at the Center for Automotive Research's Management Briefing Seminars. Th…