General Motors
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http://www.theglobeandmail.com/servlet/sto...ecialGlobeAuto/
Last reply by z28luvr01, -
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General Motors to nearly triple number of cars it produces in India Media Release Dec. 13, 2005 General Motors Corp. said Tuesday it plans to nearly triple the number of cars it produces in India to meet growing demand in the South Asian country. The announcement came just weeks after the company said it would slash 30,000 jobs and scale back production in the United States. GM had earlier announced plans to increase production in India from more than double the 25,000 cars a year it currently produces in the country. Lawrence Burns, vice president for research and development, said Tuesday that the number of vehicles made here would eventually reach 80,000. However…
Last reply by CARBIZ, -
GM Receives Three "Best Of "Awards From Playboy
by Guest Josh- 1 follower
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In the January issue of Playboy, General Motors received three "Best Of" awards from the magazine. Although no GM vehicle earned the 2006 Car Of The Year, GM did pick up 3 of 9 other catagories. Best Interstate Cruiser Cadillac DTS Best SUV Hummer H3 Best Affordable Roadster Pontiac Solstice Now, I wonder how I'm going to talk one of the lovely bunny eared ladies into going on a weekend excursion in my Solstice to the Mansion.
Last reply by nzr, -
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Here are the pics..... Sorry, GM/Scott S. has asked that every website remove the pics. - Northstar.
Last reply by SSConceptz, -
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The Envoy/TB/Ascender thread inspired me to look at the US Isuzu web page. I can't believe how much cheaper the Isuzu versions are from their GM counterparts. 5-passenger Ascender: $20,459 5-passenger Trailblazer: $27,410 7-passenger Ascender: $22,498 7-passenger Trailblazer: $29,030 i-280 ext. cab: $14,239 4-cyl Colorado ext. cab: $18,365 The only one on the Isuzu site that seems expensive in comparison, very close to the comparable Chevy, is the i-350 crew cab, at $24,608. That is some CRAZY undercutting on the TB though - can't believe they are still floundering.
Last reply by Robert Hall, -
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GENERAL WATCH NEWS As was well known prior to the Annual Stockholders' Meeting, the call was made for Rick Wagoner to resign, based upon his record. Security at the event refused to allow distribution of the following report to fellow shareholders. At the conclusion, a line formed to receive the material. Here it is for your review. For a transcript of the meeting call 313-556-5000 and ask for shareholder relations. More soon... GENERAL MOTORS RETURN to GREATNESS ____________________ FOUR PILLARS For Market Share ____________________ Customer Long Term Care Dealer Training Company Policy Veteran Involvement THE PLAN…
Last reply by Flybrian, -
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FOR RELEASE: 2005-12-12 GM Overhead Cam Engines Named Among Industry's Best High-performance Ecotec Supercharged and 2.8 V6 Turbo recognized in Ward's 10-Best Engines PONTIAC, Mich. – Two of General Motors newest, high-performance overhead cam engines – the 2.0-liter Ecotec Supercharged and 2.8-liter V6 Turbo – have been named among the industry’s 10 best engines of 2006 by the editors at Ward’s Communications. Both engines are variants from two of GM’s most popular global, modular engine families, designed, engineered, and produced around the world. They also share a similar attribute, which Ward’s noted as an important development occurring in the indus…
Last reply by HarleyEarl, -
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http://detnews.com/apps/pbcs.dll/article?A...352/1148/AUTO01 Funniest thing I have read in a while. Maybe this should be rolled into the 386 thread.
Last reply by agman25, -
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http://www.autonews.com/news.cms?newsId=13992
Last reply by buickguy, -
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The only reason that I have been able to come up with as to why GM would delay/cancel the NG Malibu and ION (both of which were supposed to be awesome -- and we know the ION was) is that now they're concentrating on the several new crossovers they have planned. I remember a discussion a while back in which our insiders told us that GM thinks crossovers are going to be the key to the future. While getting ahead of the game in an expanding market is good, does GM just expect it's current sedan buyers to make the move to X-Overs when they find out the sedans GM offers in 3 years are the same ones it offers now? I'm all for GM trying to control the X-Over segme…
Last reply by Cremazie, -
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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 …
Last reply by regfootball, -
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I've been thinking about GM becoming more global and whatnot, and how platforms will now be engineered for use around the world as well as other vehicle componets. But, what about engines? Are the HV V6s used anywhere other than North America? Wouldn't it be easier (and save costs) to produce millions of HF V6s globally and use them in everything that needs a V6? I'm not starting this thread to necessarily put down the HV V6s, but the HF V6s are clearly better and it seems the only reason for GM not putting them in more cars is cost. If they were produced in huge numbers, wouldn't it bring the cost down significantly and bring the price-per-unit down to …
Last reply by Teh Ricer Civic!, -
GM Says York Not Yet On Board
by Guest Josh- 2 replies
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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.
Last reply by usa1, -
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Thinking about the recent thread of Buickman's "Return To Greatness" and the struggles GM has in overcoming the perception gap they face with import automakers, I decided to conduct my own little, very unscientific, yet real-world look at demand for GM cars in my little corner of the world in southern California. I took 30-40 minutes today and drove through some of the parking lots at the Aliso Viejo Town Center in my city and counted 237 cars. The Town Center is a mix of retail, bars, restaurants, and a 20-screen theatre adjacent to numerous office parks and a medical center. In case you are curious about the demographics and population of this area.…
Last reply by pow, -
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First Drive: 2007 Suzuki SX4 Re-creating the small crossover BOB GRITZINGER Posted Date: 11/30/05 If you thought Suzuki offered one small crossover vehicle in its Aerio five-door hatch, think again. Next September the Japanese automaker will introduce the slightly larger 2007 SX4, which it will market as a small “sport crossover vehicle.” Premiering at the 2006 New York auto show in spring, SX4 will take on a wave of small-on-the-outside, big-and-practical-on-the-inside entries such as the Chevrolet Aveo, Nissan Verso and Toyota Yaris. In SX4, Suzuki aims to capitalize on its heritage and strength in four-wheel-drive sport/utility vehicles. It must also over…
Last reply by OCcarnut, -
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Makes a few good and bad points. http://www.nationalreview.com/nrof_comment...00512080857.asp
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Trojan Horse At GM's Door by Rick Ackerman Thursday, Dec 08 What the heck could GM investors be thinking? A surge in the stock late yesterday cut the DJIA’s losses nearly in half, but you’d have to be a cynic to believe the celebration was warranted. The news that caused GM shares to rise 2.9 percent in mere minutes concerned the growing likelihood that Kirk Kerkorian, a 9.9% stakeholder, will get a seat on GM’s board. Kerkorian’s hatchet-man, Jerome York, managed to squeeze impressive tribute from Chrysler when he was installed on that company’s board a decade ago, but the auto manufacturers were on the threshold of a cyclical upswing then that eventually turned…
Last reply by Petra, -
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A Portrait of My Industry The Wall Street Journal By Rick Wagoner (Commentary) Dec. 6, 2005 DETROIT – Since mid-October, General Motors has announced plans to cease production at 12 North American manufacturing facilities and eliminate 30,000 jobs by 2008; trim $1 billion in net material costs in 2006; and, in cooperation with the United Automobile Workers, reduce GM's retiree health-care liabilities by $15 billion, or about 25 percent, for an annualized expense reduction of $3 billion. The reason for these dramatic actions is no secret: GM has lost a lot of money in 2005, due to rapidly increasing health-care and raw-material costs, lower sales…
Last reply by thegriffon, -
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Kerkorian consultant Jerome York Jerome B. (Jerry) York Age: 67 Birthplace: Memphis, Tenn. Education: Bachelor's degree from the U.S. Military Academy, 1960; master's degree from the Massachusetts Institute of Technology (MIT), 1961; MBA from the University of Michigan, 1966. Career: Chief executive officer of Harwinton Capital Corp., a private investment company he founded in 2000; chief executive officer of Micro Warehouse Inc., a reseller of computer products, 2000 to mid-2003; vice chairman of Tracinda Corp., billionaire investor Kirk Kerkorian's private investment company, 1995 to 1999; senior vice president and chief financial officer of IBM Corp., 19…
Last reply by Newbiewar, -
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Follow the link, the responses and postures are interesting to say the least. http://edworkforce.house.gov/democrats/autocrisis.html Personally I don't feel poltics belong as part of the forum but knowing what's going on does.
Last reply by Angry Dad, -
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General Motors Advanced Design Group envisages “the mobile home” December 7, 2005 With the internet unchaining millions from a daily job and a geographic location, mobile living environments will be in for some serious attention in the coming century and we’ve seen few as promising as this. The GMC PAD is an urban loft with mobility, a concept for living in the ever-changing cultural landscape of Southern California or, quite simply, a modern alternative for those priced out of Southern California’s escalating housing market. It’s a home ownership concept that enables cultural & geographic freedom for the modern city dweller. It’s a concept that represents a reaso…
Last reply by Sixty8panther, -
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Ok, hear me out, but.. Didn't GM have digital dashes back in the mid-to-late eighties? It was panned as being too gimmicky. Didn't Chevrolet used to have ABS as standard equipment? It has knocked as an added option (and extra expense) that was forced upon consumers. Consumers should have the ability to choose. Today? You're criticized if you don't have ABS as std equipment. Didn't GM get crucified for the heavy use of unpainted gray plastic molding/panels on their Aztec and Avalanche? Seems ok for use on the Element Didn't the dustbuster vans get critized for their design-pushing tall tail-lamps (that extended along the rear glass…
Last reply by enzl, -
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anyone know?
Last reply by Shantanu, -
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i FOUND THIS ON A GERMAN OPEL SITE,CUOLD THIS BE A HARD TOP VERT FOR SATURN? B)
Last reply by SoCalCTS, -
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Last reply by Shantanu, -
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FOR RELEASE: 2005-12-06 "Baby Buick" Lucerne Golf Carts to Star on Tonight's "The Amazing Race" on CBS Tonight’s winning team to take home new Lucerne Week-long sweepstakes for new Lucerne AND a trip to Lucerne, Switzerland, at www.cbs.com/buick Detroit – As part of the launch of the all-new 2006 Buick Lucerne and following activities including a new tagline (“Beyond Precision”), new advertising and appearances on “The Apprentice Martha Stewart” and the daytime “Martha Stewart Living,” Buick will take a lead role on tonight's “The Amazing Race” on CBS at 9 p.m. EST. This time, Buick is leveraging its role as one of the leading sponsors of golf and provides e…
Last reply by HarleyEarl, -
Possible Concept Shown In Rough Design? 1 2
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Yes, I do realize that the image posted below is a bit of a reach, however there's something under wraps seen in the image. Could we be looking at a rear spoiler covered up under the tarp, and possible dual exhaust outlets next to what appear to be a bumper integrated liscense plate holder? Or could it be a preview of a front end shot with tow hooks and integrated fog lamps with a certain bowtie gracing the grille? Ah the speculation GM puts us through.
Last reply by 91z4me, -
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Last reply by turbo200, -
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GM board meeting The General Motors Board of Directors is meeting today. As the company copes with a low stock price and eight impending plant closings, the board is meeting in an atmosphere of tension. Automotive News will report on the outcome of this meeting when details become available.
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GM CEO Secures $4.6 Million Pension Despite LayOff 1 2
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As General Motors slashes jobs, closes plants and battles to avoid bankruptcy, the company’s CEO has set up a retirement plan that will pay him at least $4.6 million a year – nearly twice his current salary. G. Richard Wagoner, who the New York Post calls "the greediest, most undeserving CEO since Chainsaw Al Dunlap,” was named GM’s chief financial officer in 1992, when the company had a global payroll of 750,000 employees. Under Wagoner’s command as CFO and, since 2000, CEO, the carmaker has seen its employees dwindle to 324,000. Now the company has announced plans to cut 30,000 more jobs and close 12 North American plants, and Wagoner is denying rampa…
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December 6, 2005 GM names its displacement-on-demand "Active Fuel Management" Detroit, Michigan – General Motors has trademarked Active Fuel Management as the name for its displacement-on-demand technology, beginning with the 2007 5.3-litre V8-equipped Chevrolet Tahoe and GMC Yukon. The name will be applied to all model-year 2007 vehicles equipped with the technology. Active Fuel Management enables the engine to automatically and seamlessly operate on only half the engine's cylinders when full power is not needed, improving efficiency by as much as 12 per cent in some vehicles. GM currently offers the system in nine models, and by 2008 it will be used…
Last reply by pow, -
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Okay, I just glanced at the Solstice review in the pontiac section and it said fuel ecconomy of 20-28 20 on the street and 28 on the highway... where as the miata is 24-28 24 on the street and 28 on the highway... for most of GM models it seems their city mileage is below everyone elses where as the highway mileage is competative... Why is there such a big gap on GM vehicles?
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http://www.autonews.com/defaultRegister.cms?newsId=13968
Last reply by The O.C., -
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Scotiabank takes GMAC loans Canadian Press TORONTO — The Bank of Nova Scotia is taking over $20-billion (U.S.) worth of vehicle loans from General Motors. The deal between the Canadian bank's Scotia Capital corporate and investment banking division and the General Motors Acceptance Corp. financial subsidiary of the world's biggest auto maker entails an immediate purchase of $3-billion US worth of loans. The agreement announced Monday calls for committed purchases of GM-originated American car loans by Scotiabank under a $6-billion (U.S.) revolving facility over a five-year period. The loans, described as “a full spectrum of GMAC's active…
Last reply by Newbiewar, -
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By Rick Kranz and Jamie LaReau Automotive News / December 05, 2005 DETROIT -- General Motors has canceled an extensive re-engineering of the Chevrolet TrailBlazer and GMC Envoy for mid-2007. The automaker will change the exterior and interior styling and probably push back the restyled vehicles' introduction to January 2008, say sources familiar with the vehicle program. GM's decision reflects the sales nosedive of truck-based SUVs, the automaker's financial plight and the expectation that many SUV owners will shift to crossover vehicles that offer better fuel economy. Combined U.S. sales of the TrailBlazer and Envoy this year through November …
Last reply by daves87rs, -
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BusinessWeek: What If GM Did Go Bankrupt...
by Guest Josh- 1 follower
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After weeks of listening to analysts and pundits beat the drum about the possibility of a General Motors Corp. bankruptcy, Chairman and Chief Executive G. Richard Wagoner Jr. decided he had heard enough. On Nov. 16 he declared in an internal memo to his 325,000 employees that bankruptcy is "unnecessary." There is no plan to file for Chapter 11 protection, Wagoner said flatly, calling such an action "contrary to the interests of our employees, stock- and bondholders, dealers, and our suppliers and customers." In other words, Wagoner was calling bankruptcy unthinkable. And for a long time, that's exactly the way it seemed. GM has $34 billion…
Last reply by 91z4me, -
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Back to the '70s: GM hot on custom vans Now that SUVs are getting less popular, maybe we'll all love vans again. November 11, 2005: 10:53 AM EST By Peter Valdes-Dapena, CNN/Money staff writer NEW YORK (CNN/Money) - Remember when vans were cool? No, not minivans. Those were never cool. I mean custom vans. You know, wheel-to-wheel carpeting. Wood trim. Lots of stereo speakers. If you're old enough, you remember some other things that were cool around that time, too. Disco music. "Keep on truckin'" T-shirts. Big hair. Well get ready, because the folks at General Motors are betting that we might be ready for a bit of a comeback. Not the ha…
Last reply by nyscene911, -
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starting tomarrow December 3rd... 0% intrest upt to 72 months will be avalible instead of the rebate with Tahoes and Suburbans, probably also GMC's and similar vehicles... but... Here you go... Tell your friends...
Last reply by daves87rs, -
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GM Displaces P&G As Top Ad Spender, But Autos Begin To Slide by Joe Mandese, Friday, Dec 2, 2005 7:45 AM EST FUELED BY A 7.3 PERCENT boost in its advertising budget, General Motors Corp. emerged as the nation's largest advertiser during the first nine months of 2005, nudging out alpha marketer Procter & Gamble, which has been cutting back on spending in the conventional media measured by syndicated ad spending researcher Nielsen Monitor-Plus. Despite a 5.6 percent cut by DaimlerChrysler, which slipped behind Ford the nation's third largest advertiser, the auto category has been quite healthy, account for $5.4 billion during the first three quarter…
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Star Tribune Story Editorial: When General Motors sneezes ... Detroit's health-care costs are symptoms of a bigger problem. Last update: November 28, 2005 at 5:54 PM Like many Americans, Barack Obama was stunned last week when General Motors announced plans to lay off a quarter of its manufacturing workforce -- some 30,000 people -- and shutter a dozen North American factories by 2008. But Obama, a Democratic senator from Illinois, was in a position to do something about the latest sign of U.S. industrial meltdown. He has introduced legislation that would relieve American automakers of part of their retiree health-care costs if, in exchange, they promise …
Last reply by razoredge, -
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Cadillac BRX Crossover: Cadillac, Saab Crossovers Coming in 2008 Date Posted 11-21-2005 DETROIT — The Cadillac BRX and the Saab 9-4X, as suppliers are calling the new vehicles, are expected to go into production in mid-to-late 2008. GM has indicated that it wants to assemble the vehicles at its Ramos Arizpe plant in Mexico. A third model, which may go to Buick, could join the Cadillac and Saab in production for model-year 2009. The 9-4X would be Saab's first crossover vehicle. It would fill the void left by the stillbirth of the 9-6X — Saab's proposed derivative of the Subaru B9 Tribeca. The 9-6X was scrapped at the eleventh hour when GM elected to sell its s…
Last reply by El Scorcho, -
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http://www.bloomberg.com/apps/news?pid=100...=top_world_news
Last reply by Petra, -
GM CEO Must Referee UAW/Delphi Fight
by Guest Josh- 4 replies
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Now showing: "The Detroit Meltdown," featuring Rick Wagoner in his latest leading role. He turned it down in July, when Steve Miller stepped in the CEO's office at Delphi Corp. and proclaimed that his problems were smaller but more immediate, GM's were larger and he needed GM's help to avert bankruptcy. He spurned the role in early October because Wagoner first needed to wrest health care concessions from the United Auto Workers. Besides, he'd long since decided the only thing that would keep Miller, a restructuring-through-bankruptcy virtuoso, out of Chapter 11 would be a big pile of GM cash. He said no a third time in November, infuria…
Last reply by 97regalGS, -
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http://www.autoweek.com/news.cms?newsId=103676
Last reply by Flybrian, -
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Anyone have ideas as to other uses for the ATLAS engines? Cars? Crossovers? Lawnmowers?etc....?
Last reply by 91z4me, -
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Good talk with LaNeve. http://www.detnews.com/2005/autosinsider/0.../C01-386225.htm
Last reply by Cory Wolfe, -
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... from an Edmunds press release that crossed the wire Monday morning ('Edmunds.com Forecasts November Auto Sales: Late Recovery Due to New Domestic Promotions Will Result in a Flat Month'), here are the sales predictions for November 2005. All figures are Edmunds estimates. Actual figures to be released in two-three days, of course. Total Vehicle Sales Up 3% over November 2004, to 1.23 million units Total Big Three Market Share estimated at 56.1% for November 2005 Down 0.2% from 56.3% in November 2004 Up 3.8% from record low of 52.3% in October 2005 General Motors (est. November market share 24.5%, +2.5% over Oct 2005, -0.5% over Nov 2004) Sales …
Last reply by FUTURE_OF_GM, -
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Suzuki SX4
by Imaj- 8 replies
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It's supposed to be based on some Fiat, does Fiat has a Theta based Xover?
Last reply by Variance, -
More Hints On Zeta Production? Spring Hill?
by Guest Josh- 2 followers
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NASHVILLE, Tenn. -- The General Motors Corp. Spring Hill manufacturing plant will survive if the company makes good on its promise to employees to bring in a new product line -- one that likely won't be a Saturn, analysts said. GM announced earlier this week that it will cut 30,000 jobs and close nine assembly, stamping and powertrain plants and three parts facilities. The line in Spring Hill producing the Saturn Ion compact car will shut down in 2006, a move that could eliminate 1,500 jobs. But GM officials have promised union leaders and plant workers that Spring Hill will be part of the company's future plans as it reworks and retools in an effort to cut …
Last reply by 91z4me, -
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http://www.marketwatch.com/news/story.asp?...D&siteid=google
Last reply by regfootball, -
General Motors Backs Are Severly Against The Wall
by Guest Josh- 1 follower
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Taking one quick glance at the "CyberSurvey" poll over on the DetroitNews web-site will show you that people simply put, do not care regarding the UAW (duh, Josh) Delphi or more importantly do not care about General Motors as significant enough to keep around. This is very telling. The day in age when General Motors has gone from the epitimy of Automotive Excellence, of titanic proportions (yet, not quite failing. I'm not one to count them down just yet) and you can really see that people do not think GM is worthwhile in todays market place, nor in the future marketplace of the United States. Just sit back and read the responses the Detroit News has a…
Last reply by Chicagoland, -
How GM Can Fix Itself. Will Wagoner Do What It Tak
by Guest Josh- 12 replies
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Standing under a fading blue sign that says BIRTHPLACE OF THE AMERICAN V6, Allan Taylor gestures at the factory behind him and grimaces. "Everything in there is obsolete," he says of the Buick engine plant. Taylor has spent 30 years there, and at 59 he's nearing retirement. It's a good thing too, since the plant won't be running much longer. General Motors plans to shut it down in 2008, one of nine factories the company aims to close, eliminating 30,000 jobs. Taylor is surprised the plant has lasted this long. "We have to put buckets under the machines to catch the leaking oil," he says. Buick City, where he works, was once a vast manufactu…
Last reply by FUTURE_OF_GM, -
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Everyone's a Winner at the GM Ring & Win Event!! Something magical is happening this holiday season at the GM Ring & Win Event. Customers who push the OnStar button will receive cash awards up to $10,000 off the purchase or lease of their new GM vehicle. In addition, 25 lucky customers from across Canada will win their selected vehicle during this year's big event.
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Eegads! Could Buick have picked a more overexposed, less interesting person to promote the new Lucerne? Shoot. They should've just bought more billboards with Tiger in the darn thing. http://www.mph-online.com/web/prtranslated/00271 Dave
Last reply by wildcat, -
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FOR RELEASE: 2005-11-22 North American Production for Week of November 14, 2005 Total U.S. Passenger Car 23,114 Total U.S. Truck 36,665 Total Canada Passenger Car 15,692 Total Canada Truck 7,116 Total N.A. Car and Truck 95,084
Last reply by balthazar, -
Investors Say GM Must Off One Brand 1 2
by Guest Josh- 1 follower
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INVESTORS SAY EVEN MORE CUTS ARE NECESSARY By Michael Ellis and Joe Guy Collier Detroit Free Press DETROIT - What will it take for General Motors to return to profitability? According to the experts on Wall Street, the automaker must do a lot more than just cutting 30,000 jobs and idling 12 plants in North America, which the automaker announced this week. Not until GM gets rid of at least one of its eight U.S. brands, weathers difficulties at its largest parts supplier, Delphi, and forces its unions into more concessions will the automaker win back favor with investors, they say. They also want GM to cut more of its manufacturing capacity. In other words,…
Last reply by razoredge, -
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This is a long a term strategy and may be the thing needed to make GM cars wanted by the public again. I think that GM needs to bring the Holden and Opel nameplates to N. America. I don't wanna get rid of Buick, Pontiac, or Saturn, but I think the names need to be changed. Pontiacs and Buicks are just not in people's minds anymore when they think of buying a car. They are not considered 'cool' cars to own. If GM brings over those 2 new nameplates, I really think GM could make more sales. After all, those would be considered import autos, even though they're GM. When you tell someone you bought a new Buick or Pontiac, you shouldn't have to …
Last reply by rkmdogs, -
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Delphi to Accelerate Talks With GM Monday November 28, 9:39 am ET Delphi to Accelerate Talks With GM Regarding Its Restructuring DETROIT (AP) -- Delphi Corp. said Monday it would accelerate talks with General Motors Corp. regarding its restructuring as the nation's leading auto-parts supplier works to emerge from bankruptcy and reach an agreement with its unions on wage cuts. Delphi also said it would push back a Dec. 16 court date to ask a bankruptcy judge to eliminate union contracts if it had not reached a deal with labor unions. The meeting would not take place until at least Jan. 20, 2006, the company said. "These constructive actions demonstrate …
Last reply by Ghost Dog, -
Wagoner eager to get GM on track
by Guest Josh- 8 replies
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For the first time in its history, General Motors Corp. is now selling more cars and trucks in other countries than it does in the United States, GM Chairman and Chief Executive Officer Rick Wagoner told the Free Press. This historic shift reflects both GM's dwindling share of the mature U.S. market and its promising position in China and other fast-growing Asian economies. But despite strong sales growth overseas, Wagoner stressed that GM's future still depends largely on whether he can reverse huge losses in the North American auto market, where GM has lost $4.8 billion so far this year, triggering a plunge in its stock price and downgrades of its deb…
Last reply by CARBIZ, -
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Would scare tactics work for GM in marketing...? If GM had a commerical that really depicted the premium reasons to purchase an american vehicle. If they, in a comercial, analized the affects of a detriotless america... could they score peoples purchasing? Could they really hit people by saying, "In efforts to compete, with the competition, we had to lay off 30,000 americans." "Toyota says they want to help General Motors by raising their profits and making themselves less competive." "if the next vehicle you purchase isnt a General Motors vehicle, your tax dollars will goto the person that built it anyway. Because you purchased a Camry, you…
Last reply by FUTURE_OF_GM, -
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Size is key. General Motors expects 2005 Middle East sales of its nine-seat GMC and Chevrolet Suburbans and its lumbering GMC Yukon and Chevy Tahoe to soar to 51% over last year, pushed by frantic sales in the biggest regional market - Saudi Arabia. General Motors, Ford and Nissan all reported big October sales declines in America last week, with four-wheel-drives taking the biggest hit. Sales of the Ford Explorer, Lincoln Navigator, GMC Yukon, Hummer H2 and Toyota Land Cruiser were all down by 50% or more. High oil prices were cited as a chief reason. But in one of the auto industry's great ironies, the same oil price rise is driving four-wheel-drive fever in…
Last reply by aaaantoine, -
GM Looking To Get Rid Of The Job Bank?
by Guest Josh-
- Editor-in-Chief
- 21 replies
- 3.1k views
DETROIT - The financial safety net that cushions General Motors Corp. union workers during downturns, a program called the jobs bank, could be targeted for elimination just as the company seeks to cut 30,000 jobs. GM's plans outlined Monday to stop production at 10 U.S. facilities will increase only the number of autoworkers in the jobs bank, experts who follow the industry said. Under the program, initially agreed to with the UAW in contract negotiations in 1984, the three Detroit automakers pay hourly workers full wages and benefits even when a plant has closed or production stops. The companies agreed to the program so the UAW wouldn't fight new measures …
Last reply by daves87rs, -
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GM Hybrid to Undercut Prius Struggling U.S. automaker targets Toyota with plans for a cheaper hybrid SUV. November 16, 2005 As General Motors’ stock sank to its lowest level in 18 years on Wednesday, the troubled automaker turned to green technology for hope, pledging to undercut the competition when it introduces a hybrid version of the Saturn VUE next summer. “We think it will be the most affordable hybrid on the market,” Susan Garavaglia, manager of communications for GM’s powertrain division, said at a meeting in San Francisco. “Hopefully, we’re going to be opening up the hybrid market to more consumers.” GM was late to the hybrid game, making its first passenger …
Last reply by cmattson, -
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http://www.940news.com/nouvelles.php?cat=23&id=112257 Seems as AH-HA said there is still a chance for OSHAWA 2
Last reply by Cremazie, -
- 2 followers
- 3 replies
- 1.3k views
Saturday, November 26, 2005 Print this Comment on this E-mail this Spring Hill plant's survival depends on GM bringing changes Facility is shutting down Saturn Ion production, but expects to reconfigure for new product line By Beth Rucker / Associated Press NASHVILLE, Tenn. -- The General Motors Corp. Spring Hill manufacturing plant will survive if the company makes good on its promise to employees to bring in a new product line -- one that likely won't be a Saturn, analysts said. GM announced earlier this week that it will cut 30,000 jobs and close nine assembly, stamping and powertrain plants and three parts facilities. The line in Spring Hill producing th…
Last reply by 91z4me, -
C&G Spy Shots: Zeta Commodore!
by Guest Josh- 3 followers
- 40 replies
- 34.7k views
Check out our 2nd spy pic. The REAR of Zeta featuring MASSIVE quad exhaust pipes and Holden Torana like styling! http://www.cheersandgears.com/forums/index.php?showtopic=659 To build on the excitement of General Motors worldwide products C&G has obtained the rights to publish this image of the 2007 Holden Commodore. What's so special about this vehicle? It is based upon the hottest of hot architectures General Motors currently has to offer. No, I'm not talking about in terms of sales, but rather speculation and rumors that have spread rampant around the 'net since C&G first broke the story some three years ago on the old boards of Zeta. There have been…
Last reply by Slick_Holden, -
What bankruptcy would mean to GM
by Guest Josh- 1 follower
- 41 replies
- 4.4k views
Plunging market share, huge layoffs and a copycat filing by Ford. Those are just a few of the likely outcomes if GM can't avoid bankruptcy court. By Robert Walberg Rick Wagoner, chief executive of General Motors, has tried to comfort investors by saying GM has no plans to file for bankruptcy protection. Cold comfort, I'd say. The company's deeds, if not the CEO's words, point to an acute need for some sort of bankruptcy plan, even if just as a contingency. Consider: GM (GM, news, msgs) lost nearly $4 billion over the last year; its credit rating dropped to junk status; car sales plunged as GM built bigger cars and trucks just as gas prices s…
Last reply by CARBIZ, -
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- 79 replies
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Inspired by a statement made by Josh late yesterday regarding the use of portholes (a Buick trademark) on the '07 Cadillac Escalade: Original Thread My question, is which GM brand you think is strongest aside from Cadillac and Chevrolet. I've excluded GM's "bookend" brands because they're clearly going nowhere. Brands composed only of trucks (GMC and HUMMER) have also been left out. Be sure to consider the strength of the brand's current and near-future lineups (what's in the pipeline?), along with the brand's position in relation to other GM brands (too much overlap with another division?). Each has several pros a…
Last reply by haypops, -
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GM's Collapsing Ladder By Eugene Robinson Friday, November 25, 2005 It's sad to watch General Motors fall apart like a rusty old Malibu, and not just because so many workers are losing their jobs. When I was growing up in the '60s, GM was more than just an icon of American capitalism, more than just the company that made and sold half the nation's automobiles. General Motors gave me my first schematic diagram of the American dream. These days we'd call the GM strategy an exercise in market segmentation, but back then I would have called it "moving on up." With its five distinct lines of passenger cars, GM created a climbable staircase of …
Last reply by ehaase, -
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GM
by HarleyEarl- 3 replies
- 1.1k views
November 24, 2005 GM promises product benefits from business cuts by Alex Law , Auto123 Fate may play a card or two that will change things for everyone concerned, but it looks like future General Motors' consumers will benefit from the company's recent decision to close a bunch of plants and damage the lives of thousands and thousands of its workers and their families. This is apparently the accepted modus operandi in today's global auto society. GM CEO Rick Wagoner (Photo: General Motors of Canada) For consumers, it will mean more money for GM to spend on new and improved products and technologies, or so says Rick Wagoner, the company's CEO and…
Last reply by Sixty8panther, -
- 1 follower
- 78 replies
- 7.9k views
Moderators, I hope that this is the proper place for this article. Please move if necessary. This is my first post here. I've been lurking for months now. Great Place. I work as a stock broker and this just came through as 'relevant' GM financial news on the wires. GM is not perfect. Bush is not perfect. They both have many faults. I personally like them both. The REASONS that Moore gives for not liking either just makes me laugh for hours. In my opinion he does not have a logical bone in his body. Rarely do any of his arguments point to solid fact, but rather appeal only to flawed emotional misconceptions. Here's the article: Filmm…
Last reply by Sixty8panther, -
- 6 replies
- 998 views
Auto news Wagoner eager to get GM on track Foreign sales growing, but his focus is the U.S. market November 25, 2005 Email this Print this BY TOM WALSH FREE PRESS BUSINESS WRITER For the first time in its history, General Motors Corp. is now selling more cars and trucks in other countries than it does in the United States, GM Chairman and Chief Executive Officer Rick Wagoner told the Free Press. This historic shift reflects both GM's dwindling share of the mature U.S. market and its promising position in China and other fast-growing Asian economies. But despite strong sales growth overseas, Wagoner stressed that GM's future still depends largely on whether…
Last reply by HarleyEarl, -
- 1 follower
- 2 replies
- 1.9k views
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.
Last reply by haypops, -
Link Next Significant Step in GM's North American Turnaround Plan 9 Assembly, Stamping & Powertrain Facilities, 3 SPO Facilities to Cease Operations Total Reduction of 30,000 Positions Total Cost Reduction Running Rate of $7 Billion by End of 2006 DETROIT - General Motors will undergo a wide-ranging restructuring of its manufacturing operations in the United States and Canada as part of its comprehensive four-point plan to return the company to profitability and long-term growth, GM Chairman and CEO Rick Wagoner announced today. GM's next step in its North American turnaround plan addresses its ongoing capacity utilization, a major compon…
Last reply by turbo200, -
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MARK PHELAN: Don't bury GM yet: It has the vehicles for recovery November 22, 2005 FREE PRESS COLUMNIST General Motors Corp. builds more good cars and trucks today than it has in decades, but it's still saddled with too many losers. Its plant closures should address that and allow GM to stop diverting resources it can't afford to vehicles it doesn't need. It may make sense for Pontiac and Buick to attempt to sell minivans in some alternate universe, but on Earth the boring vehicles only distract GM from coming up with vehicles the public actually wants. Every big automaker has its share of underperforming models -- even Japan's successful automa…
Last reply by aaaantoine, -
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- 1.1k views
News Isuzu CEO says North American operations nearing a 'major turning point' JAMES B. TREECE | Automotive News Posted Date: 11/23/05 TOKYO -- Isuzu Motors Ltd.'s profits are down, but CEO Yoshinori Ida isn't worried. He says the decline is part of his plan to refocus the company on the more profitable parts of its business. For example, Isuzu's North American revenue shrank 31 percent in the fiscal first half, which ended Sept. 30, to $604.1 million, the company reported last week. That was mostly because Isuzu stopped selling SUVs. But operating profit there surged two and a half times, to 3.74 billion yen, or $33.1 million at current ex…
Last reply by HarleyEarl, -
GM Is Not America: GM Didn't Change With The Times
by Guest Josh- 6 replies
- 1.7k views
Industry: The world changed. The world's largest (for now) automaker didn't. The good news is that most U.S. businesses haven't made the same mistake. Barring some miracle — such as a car that really clicks with consumers — General Motors Corp. is facing a future with no pleasant options. The least painful would be drastic downsizing, which means axing whole divisions like Pontiac and Buick, not just closing a few plants as it announced this week. It also might go into Chapter 11 or sell itself off in pieces, if anyone will buy. This is a woeful tale indeed, but it also comes with a sense of inevitability. No one has any reason to be surprised. GM&#…
Last reply by daves87rs, -
GM banking on 15 new vehicles for turnaround
by Guest Josh- 14 replies
- 2.2k views
DETROIT -- Now that General Motors Corp. has outlined a painful plan to close factories and shed 30,000 jobs, the big question is whether a raft of vehicles debuting next year can revive its sputtering sales. The automaker will launch about 15 new vehicles next year: A new family of large SUVs, three "crossover" vehicles, a new Saturn roadster and sedan and the next generation of its full-size pickups. The new vehicles -- designed to shore up GM's strongholds and grab share of growing segments -- are critical to Chairman Rick Wagoner's comeback strategy. To quell doubts about its future, GM has allowed dealers, journalists and key analysts to…
Last reply by daves87rs, -
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http://www.autoextremist.com/page2.shtml#Rant
Last reply by balthazar, -
- 15 replies
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Ghosn was responding to questions at an award dinner in NYC. Seems to be slamming management at GM and Ford, without mentioning them by names. "There is no good management with bad results." "When you are in an industry like the auto industry the best practices exist everywhere," says Ghosn. "You can figure out how they [the winners] are doing it. Forget the past, and forget the excuses. Copy those best practices." It was clear that Ghosn was talking about Detroit. "There's a lack of accountability when someone fails and gets promoted." There is trouble when you create a culture where failure is sanctioned. Then he ad…
Last reply by regfootball, -
Analysts Say GM Needs Product Appeal
by Guest Josh- 1 follower
- 13 replies
- 1.6k views
Well.....duh!!! DETROIT (Reuters) - In an industry where 'product is king,' General Motors Corp. is in dire need of attractive new vehicles to rule the road, analysts say, mostly dismissing a move by the ailing auto giant to cut jobs and close plants to save billions of dollars a year. The world's largest automaker on Monday said it will cut 30,000 North American manufacturing jobs and close 12 operations as part of a broader restructuring plan. "I don't think the cuts are enough, but it's not a matter of whether they are enough or not, it's a matter of whether or not the company will create the culture of innovation GM …
Last reply by Hudson, -
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NOTICE: I didn't know where else to put this, so I figured I'd post it in here. While I found this quite fascinating, those who are not musically inclined might not be so interested. http://www.mpt.org/motorweek/autoworld.shtml The Corvette Standard 22, on the PRS website: http://www.prsguitars.com/showcase/current/corvette.html
Last reply by Mike D., -
Bold Moves at GM May Come With Kerkorian on Board
by Guest Josh- 30 replies
- 4.7k views
Nov. 17 (Bloomberg) -- The time may have arrived for General Motors Corp. to try a bold stroke to do something to reverse a slide that has some investors speculating not whether the world's No. 1 automaker will seek bankruptcy, but when. If GM does something out of character, that man behind it may be none other than Kirk Kerkorian, the octogenarian casino mogul and GM's biggest individual investor. Yesterday GM stock fell another 5.8 percent, bringing the decline since mid-September to a roughly 37 percent. The stock's slide reflects growing apprehension in equity and credit markets that GM is on its way to becoming the most iconic failure in American…
Last reply by lakefire, -
- 2 followers
- 33 replies
- 4.3k views
GM factories most likely to close November 12, 2005 BY MICHAEL ELLIS FREE PRESS BUSINESS WRITER Doraville, Ga. •Employs 2,850 UAW hourly workers and 220 salaried. •Opened in 1947. •Builds the Pontiac Montana SV6, Saturn Relay, Buick Terraza and Chevrolet Uplander minivans. •Capacity utilization in 2004: 64%. •Why it may close: GM always has struggled in the minivan segment, and new crossovers arriving on the market may steal more of their thunder. New front-wheel drive crossovers able to seat seven passengers are scheduled to be built at GM's new Delta Township plant near Lansing. Doraville is one of GM's older plants and isn't near automotive su…
Last reply by jmore1276, -
- 2 replies
- 1.2k views
GM slashes Jobs and closes plants by end of 2006 We'll I for one was calling for Wagoner to step down, This just might be what saves his ass! Unlike the multiple years, 21 plants closed and 74K layed off starting in 1991. This one year big change could really improve things fast for GM. Be interesting as to how they handle the UAW. The UAW plans to fight this it sounds like. Sound off, do you think this is a good move or bad move for GM? Do you think they need to go deeper? Sounds like the SSR will be dead with the closing of the Michigan Craft Center. What are your thoughts? :CG_all:
Last reply by G. David Felt, -
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- 1.2k views
GMNA restructuring plan Comments?
Last reply by turbo200, -
- 14 replies
- 2.6k views
Losing market share at this pace is scary. Hopefully, the Red Tag Event will prop up sales for the 2nd half of November. http://money.cnn.com/2005/11/18/news/fortu....reut/index.htm
Last reply by FUTURE_OF_GM, -
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- 1.9k views
http://www.woodtv.com/Global/story.asp?S=4140660&nav=0Rce
Last reply by FUTURE_OF_GM, -
- 15 replies
- 2.1k views
News GM moves to replace paint with plastic film; facias, rocker panels are first applications RHODA MIEL | Plastics News Posted Date: 11/4/05 DETROIT -- General Motors is using film rather than paint on parts for five vehicles. Bumper fascia and rocker panels are among the parts involved. Unlike past users of paint replacement film on parts, GM has chosen a thick thermoformed sheet. The company intends to develop a supply base of thermoformers. "This is one of our major efforts," said Charles Buehler, a technical integration engineer in GM's materials group, during an Oct. 11 interview at the Society of Plastics Engineers' Thermoplastic Olefin confer…
Last reply by aaaantoine, -
- 2 replies
- 1.1k views
http://news.yahoo.com/s/ap/20051121/ap_on_bi_ge/gm
Last reply by mphmag, -
- 1 follower
- 36 replies
- 4.6k views
Forbes Article Direct URL: http://www.forbes.com/investmentnewsletter...artner=yahootix
Last reply by RODIMUS FIRE CONVOY, -
Toyota Stock Trading 14x's GM's Stock
by Guest Josh- 15 replies
- 2.2k views
Nov. 18 (Bloomberg) -- Shares of Toyota Motor Corp., first traded in 1949, rose to a record on optimism U.S. sales will grow, making the company's market value more than 14 times larger than that of General Motors Corp., the world's biggest producer of vehicles. Toyota shares, which have gained 41 percent this year, rose 4.4 percent to 5,890 yen at the close of trading in Tokyo, as a report yesterday showed U.S. factory production rose by the most in 17 months, which may spur demand. Toyota is forecasting its 12th consecutive sales record in the U.S. this year and the company's fourth consecutive year of record profit. That contrasts with GM, which has…
Last reply by razoredge, -
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- 1.2k views
http://www.wisdems.org/ht/display/ReleaseDetails/i/701875
Last reply by caddycruiser, -
- 1 reply
- 806 views
Paying tribute to General Motors About 15 new GM vehicles are parked at the press conference site. By DAVID SKOLNICK CITY HALL REPORTER YOUNGSTOWN — Officials with the city, convocation center and General Motors Corp. will announce an agreement today to name the facility in honor of the automotive company, according to various sources. Most sources say the new downtown arena will be called the Chevrolet Center, in honor of the Chevrolet Cobalt produced at the Lordstown GM complex, with a few saying it would be a variation of that name. One source said the center's logo would feature the Chevrolet bow-tie trademark. City, center and GM officials declined We…
Last reply by Cadillacfan, -
- 3 replies
- 1.1k views
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
Last reply by RJB, -
- 17 replies
- 2.1k views
Oohs and Ahs At Delphi's Circus New York Times 11/13/05 11/13/05 by Gretchen Morgenson c. 2003 New York Times Company It's not every day that investors can view the contortions performed by compensation consultants trying to justify the monster executive pay packages that they recommend to corporate clients. And when these exercises in absurdity are done for executives asking for great sacrifices from workers, retirees, creditors and former shareholders because they manage a company in Chapter 11 bankruptcy protection, the entertainment is unmatched. The ringside seat for this show comes courtesy of the Delphi Corporation, the automotive parts giant that f…
Last reply by razoredge, -
- 1 follower
- 4 replies
- 1.2k views
This might be pretty hot...cars and a Hip-Hop group that are worthy...
Last reply by !!!TED!!!, -
Odds Are GM Will File For Bankruptcy, Says Bloombe
by Guest Josh- 1 follower
- 31 replies
- 6.3k views
Nov. 14 (Bloomberg) -- Derivatives traders are increasing bets that General Motors Corp. may follow Delphi Corp. and Delta Air Lines Inc. into bankruptcy after the disclosure of accounting errors and four straight quarters of losses. Traders last week demanded upfront payments in addition to annual premiums for derivatives contracts that protect owners of the Detroit-based company's debt should it miss a payment or declare bankruptcy. By doing so, traders relegated GM to the same status as Delphi and Delta just before those companies defaulted. GM, the world's biggest automaker, is losing U.S. market share to Asian rivals such as Toyota Motor Corp. and is …
Last reply by drew770, -
- 27 replies
- 2.8k views
Toyota, DaimlerChrysler, and Nissan-Renault are the only auto companies with enough money to buy a faltering GM. VW is about broke, Ford is in the red, BMW and Honda are too small. Here's my prediction...DCX. Zetsche takes over the helm...merges Mercedes, Chrysler and GM into a global juggernaut and moves the company headquarters to Detroit, so as to appease Americans. They'll probably get rid of some overlapping brands for N.A. GM has too many valuable assets around the world like Holden, Daewoo, Chevrolet, and Cadillac, and Opel. It's the largest automaker in China. GM will never disappear. Before they would go into a bankruptcy, I think the GM bra…
Last reply by jmore1276, -
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- Editor-in-Chief
- 1 reply
- 964 views
http://www.usatoday.com/money/perfi/column...-11-15-gm_x.htm
Last reply by Drew Dowdell, -
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