General Motors

http://www.autoextremist.com/ December 3, 2008 America speaks, and Washington is forced to listen. By Peter M. De Lorenzo Washington. The battle drums are beating along the Potomac, and the message ringing unmistakably loud and clear in the ears of Senators and congressional representatives is this: The U.S automobile industry doesn’t begin and end with Detroit, southeast Michigan and the Midwest – a city, a state and a region that have apparently become expendable to the powers that be in Washington – but rather its tentacles spread out across the union in a powerful network of small and large businesses alike, from the local auto dealer franchise in small-town A…

MORAINE, Ohio (AP) — The General Motors Corp. plant in this Dayton suburb is a forest of smokestacks that form the nerve center of this industrial community built along the banks of the Great Miami River. Each day, about 2,500 workers file inside to assemble the GMC Envoy, Chevrolet Trailblazer, Saab 9-7X and Isuzu Ascender sport utility vehicles. But some time before the summer of 2010, the Moraine plant will be no more: It is one of four that GM announced Tuesday it will close. And there are fears here that the people — and the city's fortunes — will disappear with it. The loss of the SUV plant will leave behind a bleak landscape for the surrounding community, an …

GM deal 'a black day' for Canada's auto sector By GREG KEENAN, From Thursday's Globe and Mail One of the key pillars supporting Canada's long-standing competitive advantage in the auto industry began crumbling Wednesday, less than a week after another one collapsed. General Motors Corp. and the United Auto Workers reached a deal that shifts the burden of retiree health-care costs for U.S. workers to the union. The agreement dramatically reduces GM's burdensome cost structure and once it's followed by Chrysler LLC and Ford Motor Co. , will reduce the health-care advantage Canada has used for more than a generation to help lure automotive investment to this country.…

FRANKFURT (Reuters) -- General Motors Europe's workers plan warning strikes on May 3 to press for a deal that would secure enough production volume at GM's plant in Antwerp, the carmaker's European labor leader said today. "Moreover we demand a contract guaranteeing the future of all GM Europe plants including Powertrain until the end of 2016," Klaus Franz told Reuters. He would not rule out further industrial action in order to persuade GM to build more than just 80,000 units of what will likely be a small Chevrolet planned to plug in a yawning production gap left after management decided not to build the next-generation Astra compact in Antwerp beyond 2010. GM Europe…

Dealers win one more day to file online for cash-for-clunker deals By TIM HIGGINS AND JUSTIN HYDE FREE PRESS BUSINESS WRITERS Citing an overloaded computer system, the Obama administration today extended the deadline for auto dealers to file transactions under the cash for clunkers program to noon Tuesday, while maintaining the 8 p.m. deadline tonight for deals to be arranged. "Despite a large increase in the system’s capacity, the website was down temporarily this afternoon," the U.S. Department of Transportation said today. "Because of the temporary shutdown, dealers have been given extra time to file the necessary paperwork." The National Automobile Dealers A…

http://www.nytimes.com/2006/05/14/opinion/...agewanted=print May 14, 2006 Editorial No Holds Barred Both sides in the labor battle at America's largest auto parts supplier, Delphi, are trying to ratchet up the pressure. Delphi's management asked a bankruptcy judge to throw out its labor agreements, which would let the company cut wages and benefits steeply. The United Automobile Workers leadership, meanwhile, has asked its 24,000 rank-and-file union members at Delphi to authorize a strike. The country is used to confrontations between entrenched unions and struggling corporations in the Rust Belt, but this one is more significant than the usual fights over who will …

General Motors Corp.'s new chief executive said Tuesday that he will not reduce his salary to $1 a year like his ousted predecessor, Rick Wagoner. Fritz Henderson, GM's former chief operating officer, said at a news conference that his pay will remain unchanged now that he is head of the troubled automaker. His base salary as COO was cut 30 percent to about $1.3 million this year when GM accepted government loans. Wagoner had agreed to accept a salary of $1 as part of the Detroit automaker's request for assistance. The company has been staying afloat because of the $13.4 billion GM has received since Dec. 31, and Wagoner stepped down as CEO on Monday as a condition fo…

Will be interesting to see if there's anything to this rumor. We'll know Monday. Full thread Here's the first post from the 19th: Just came back from a meeting with a few other creditors and we were speaking about the auto parts suppliers. We obviously went on the GM subject and the few people I was talking said the filing is already signed and sitting on the desk. Without an immediate bailout, the filing will take place Monday Morning. This is a new source from me, but was mentioned by 3 people at my meeting. Just laying out there.

Mary Barra has sat down with Marketplace multiple times already during the Month of June 2023 and to clarify, she has stated to get humanity to all electric all the time is to skip Hybrids. Better for the planet, better for the consumers. GM CEO on reaching EV goal and charging stations - Marketplace The goal here is to be gasoline and diesel free by 2035 with the current plan to be producing 1 million EVs by 2025. This brings us to the whole point of this story on an Ultium BOLT and how Mary Barra is currently driving a BOLT. Here she has stated that she just took delivery of a LYRIQ and how GM is working fast to ramp up battery production and …

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At last a change from the doom and gloom. I hope additionally GM can attract some bright young minds. First, from Geoffrey Helt an article entitled "Can GM -- Yes, GM -- Save Us From $10 Gas?" http://biz.yahoo.com/minyanville/080610/20...ve_id.html?.v=1 Then, from Barron's, Steven M. Sears outlines how to "Profit by Strangling GM". Read on. http://online.barrons.com/article/SB121304...ns&ru=yahoo

GMAC has loosened the purse strings, with General Motors' finance arm allocating $6 billion for auto loans for the next 60 days. The 60 day mark is critical to GM, as it is the government's drop-dead date to satisfy Auto Task Force viability requirements. The cash infusion will help struggling dealers with dried up credit channels, but it will also be used to finance cars and trucks to people with credit scores under 620. The under 620 crowd is referred to as subprime, a term that is now synonymous with the words "bailout" and "recession." Back in October, GMAC restricted lending to customers with scores over 700, and when the U.S. government provided a $6 billion in lo…

The bankruptcy of General Motors A giant falls Jun 4th 2009 From The Economist print edition The collapse of General Motors into bankruptcy is only the latest chapter in a long story of mismanagement and decline SINCE the start of the year it had seemed probable, and for several weeks inevitable. General Motors’ application on June 1st for Chapter 11 protection from its creditors, triggering the biggest industrial bankruptcy in history, was nonetheless a momentous event. The filings lodged at 8am with a court in Manhattan were testimony to the size and complexity of the 101-year-old company and to the scale of the problems that had finally overwhelmed it. Until 2008,…

John Revill Automotive News Europe February 16, 2009 06:01 CET ENLARGEAlain Visser will focus more on Opel’s sales strategy. General Motors is restructuring its sales, marketing and aftersales operations in Europe to give its Opel, Chevrolet Europe and Saab brands more autonomy. The move is likely to include a greater role for Chevrolet in Europe as GM’s entry brand while also making it easier for Saab to be spun off into a separate company. The change also will allow each brand to be more responsive to market conditions, Brent Dewar, GM Europe’s head of sales, marketing and aftersales told Automotive News Europe. “This year will be as challenging as 2008…

2004/05 GM Corporate Responsibility Report Notes Progress in Several Areas DETROIT - General Motors made significant reductions in energy use and C02 emissions last year, set the automotive industry benchmark for plant safety, and continued to make major improvements in independent rankings for vehicle quality and dependability, according to its latest corporate responsibility report. The 2004-05 report, titled "Finding the Balance," outlines the company's global achievements and challenges in the key areas of product, economic, environmental, and social responsibility. It documents the automaker's performance by region and globally, based on 20…

June 1, 2009 is turning into the equivalent of General Motors' D-Day, and every day seems to bring new events that are being planned in advance of it. GM had more than 6,000 dealerships at the end of last year, and in the initial viability plan it offered to the government, the automaker pledged to close 25% of those over the next five years. As with the rest of the plan, the Auto Task Force said "That isn't enough." So GM has turned the big guns on its dealership closures, having seen 200 of them shut down this year already. It is not waiting for attrition to rid itself of others, but pin-pointing under-performing locations and "could move to terminate franchise agreem…

General Motors has announced plans of moving towards an electrified and self-driving future. But in the foreseeable future, the company's core business model of selling vehicles to drivers will not be going away. “The owner-driver model will be there for a very long time. So far we see (mobility) as additive, but we see it as having potential to grow and be quite substantial,” said GM CEO Mary Barra during a meeting of the Automotive Press Association. Most of GM's and other automaker's profits come from crossovers, pickup trucks, and SUVs. But GM is planning for a possible future where the automotive landscape is very different. Back in October, the automaker a…

Zurich — General Motors (GM) sold 522,200 vehicles in Europe's total vehicle market in the first quarter of 2006, an increase of 8,100 units or 1.6 percent over the same period last year. GM's first-quarter share increased slightly from 2005's full year share of 9.4 percent to 9.5 percent. In March of 2006, GM sold 241,160 vehicles in Europe, up 6,570 units or 2.8 percent. This represents a market share of 10.2 percent, 0.2 percentage points below last year's record share of 10.4 percent. First-quarter sales growth for GM, compared to the same period a year ago, was particularly marked in Russia (+ 25.6 percent), the Netherlands (+ 22.6 percent), Sweden (+ 20.6 percent) a…

http://media.gmacfs.com/index.php?s=43&item=298

http://www.mercurynews.com/breakingnews/ci_10658432

Its been announced that the third shift at the Oshawa Truck Plant will end as of Jan 1st/08. We were told at work early this morning.

May 1, 2009, 10:17 am Endangered Cadillac: 2009 CTS-V Series For those of you following the shrinking of General Motors (GM) as it tries to devise a survival plan that could allow a takeover by the federal government, Cadillac has been designated one of its core brands. Its previous association with Saab and Hummer has been dissolved, and the historic old Cadillac brand — which, at 106, is older than GM itself — is looking toward the future. A question for GM’s prospective government owners: How will you feel about the 556 horsepower CTS-V? You don’t hear much about maxi-cars from Washington these days. The Obama Administration is one that talks about restraint an…

[source: Motor Authority] Warren encouraging GM to move corporate HQ with tax breaks Detroit has long been the heart of America's automotive industry, but 2009 has been a major period of upheaval for the city, with further shocks expected to come - including the possibility that General Motors will move its corporate headquarters out of Detroit downtown area and into a neighboring city. Moving away from Detroit could make sense for a newly restructured GM, especially considering that a bankruptcy proceeding appears to be all but inevitable at this point and relocating the new company could do much for its public image. One of …

General Motors pulls out of Portugal 1/11/2008 Car manufacturers General Motors have announced that, as of November 1st, they will be terminating their car loan services with seven European countries, including Portugal and Spain, due to the current economic crisis. Russia, Finland, Greece, Norway and Slovakia will also see General Motors’ withdrawal. This measure, the result of a reduction of company capital, was announced one month after the company claimed to be increasing the number of requisite criteria to apply for a loan, as well as the intention to increase taxes applied to retailer’s loans to their consumers. Recent bankruptcy of various investment inst…

TOM WALSH Auto merger would limit the bleeding BY TOM WALSH • FREE PRESS COLUMNIST • November 4, 2008 Forget about whether General Motors Corp. acquiring Chrysler LLC makes any sense. Don't get caught up in the semantic debate about whether federal intervention in the fates of Chrysler, GM and Ford Motor Co. is a bailout, a rescue or descent into a socialist hellhole. The drama over Detroit's future, which resumes after a brief intermission for today's election, boils down to two words: damage control... http://www.freep.com/article/20081104/COL0...1014/BUSINESS01 After the dust from the General Election settles I expect "President Obama" (fingers crosse…

Eyes on the Road By Joseph B. White (WSJ) Amid Fuel-Economy, Emissions Debate, GM's Lutz Says Horsepower Still Sells Product Chief Issues Challenge to Green Critics April 9, 2007 Here in the temporary capital of Horsepower Nation, New York City, Bob Lutz, General Motors Corp.'s vice chairman for product development worldwide, last week painted a bleak picture of the automobile fuel efficiency and global warming debate swirling around the auto industry today. And he had a challenge for the industry's green critics. Mr. Lutz, never one to shy from jousting with the industry's detractors, faces a difficult task in his role as chief product strategist for the worl…

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…

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…

DETROIT (Reuters) - Detroit's traditional Big Three automakers on Wednesday reported surprising increases in January U.S. vehicle sales, breaking losing streaks that began in the fall of last year as their aggressive discounting lost steam. Both General Motors Corp. and Ford Motor Co. cautioned that their outsized monthly gains came from a one-off surge in fleet sales, while their retail sales declined in the traditionally slow month. Sales to rental-car companies and other large-scale purchasers such as government agencies are generally less profitable than sales to individual buyers. Even so, the stronger sales tallies were welcome relief for both GM and Ford, whi…

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

http://www.dw-world.de/dw/function/0,,1221...r-1893-xml-atom

I think we can close this section now....

General Motors is investing $117 million to prepare its Oshawa, Ont., plant to build its new Cadillac XTS. The automaker said Thursday the move will create or retain 400 jobs on the assembly line. "This investment further extends the capabilities of the award-winning Oshawa assembly plant and pays compliment to the achievements of its dedicated workforce, one that consistently strives for excellence," General Motors of Canada president Kevin Williams said. The factory builds the Chevrolet Camaro, Impala, Equinox and Camaro Convertible as well as the Buick Regal and employs more than 4,500 people. The announcement came the same day the U.S. parent company, General Moto…

I have a few questions about the 2007 agreement. First, is GM getting rid of all HMO's or just select hmo's?? And second, people that are on non core jobs will have to make a desicion. One, retire if elegible. Two, quit. Three, stay on their non-core job and work for less money. Or four, flow back to the line. Now if he or she decides to flow back to the line they will bump somebody with a lesser seniority date. Now when all the bumping is said and done where do the people that got bumped go. And are only new hires going to be the ones filling the non-core jobs?? And last but not least who is elegible for the attrition program?

heres another article

Here is the video, you be the judge!

http://news.moneycentral.msn.com/ticker/ar...1&Symbol=GM Plants effected... http://news.moneycentral.msn.com/ticker/ar...3&Symbol=GM

As I've said many times before, I see GM selling parts of itself off to the Chinese eventually. Maybe it's brand names, personnel, factories, tooling, or some combination of some or all. But this is the next step as sure as it was for MG Rover. If Saturn's new Opel strategy fails and GM is still running red, a buyer like SAIC would have a pretty nice dealer network already in place. The same could be said for Saab or Hummer or Buick or Pontiac. The Chinese are now the world's largest foreign holders of dollars. Something must be done with these dollars, and the Chinese want to become respected auto players on the world market. 2 + 2 equals 4. Don't think breaking …

The Detroit News is reporting that the National Highway Traffic Safety Administration has ended the daily fine of $7,000 to General Motors after the company turned over the docements and answered the 107 detailed questions about its recall. A Transportation Department spokeswoman said the daily fine ended on June 5th when GM handed over the 315-page internal report from Anton Valukas. “We have what we asked for. The (GM) report is consistent with what we said a few weeks ago, which is there are some culture issues,” said Anthony Foxx, U.S. Transport Secretary. The total amount GM has pay to NHTSA? Around $420,000 which is due on July 4th. Source: The Detroit News Will…

Wow! 47,600 buyouts Deal speeds up GM turnaround by 2 years; Delphi exodus paves way for restructuring. Bill Vlasic / The Detroit News DETROIT -- More than 47,000 union workers at General Motors Corp. and bankrupt Delphi Corp. have taken buyouts or early retirements in what amounts to the biggest corporate downsizing in U.S. automotive history. GM said Monday that 35,000 hourly employees have agreed to leave the struggling automaker for packages ranging from $35,000 to $140,000 -- which will allow the company to reach its target reduction of 30,000 hourly jobs by Jan. 1, two years early. The final tally of buyouts and early retirements far exceeds early estimates and…

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…

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…

After reading the following article, it seems like no wonder that Bob Lutz has been so bullish on E-85 ethanol in the press recently, and not too enthusiastic on diesel. Startup Says It Can Make Ethanol for $1 a Gallon, and Without Corn By Chuck Squatriglia www.wired.com A biofuel startup in Illinois can make ethanol from just about anything organic for less than $1 per gallon, and it wouldn't interfere with food supplies, company officials said. Coskata, which is backed by General Motors and other investors, uses bacteria to convert almost any organic material, from corn husks (but not the corn itself) to municipal trash, into ethanol. "It's not five years aw…

GM's Been on the Brink Before—Many Times This isn't GM's first brush with death. Since 1910 the company has nearly disappeared three times—and come back stronger every time By Ed Wallace The executives at General Motors (GM) knew they were in trouble: Their negative cash flow had become intolerable, and their lending institutions had locked up. Bankers refused to lend the corporation any more money, fearing that they'd never see GM's current loans repaid, much less any new funds they might advance. New car divisions that had opened only a few years earlier were now huge money pits. And even those divisions whose sales had once shown incredible potential now had vi…

http://www.theglobeandmail.com/globe-inves...article1148545/

William Maley Staff Writer - CheersandGears.com October 27, 2013 General Motors' rollout of their new pickups has hit a few bumps. There was story that GM was cutting back on orders of pickups equipped with the 5.3L V8 due to supplier issues and the concern of dealers not being able to move as many trucks because of GM's decision to not pile on incentives. Well here's another bump in the road. Automotive News is reporting that GM has cut back production on regular and double cab version of the trucks due to a supplier issue. GM's plant in Fort Wayne, Indiana has cut production from 1,500 trucks a day to 1,300 due to a supplier not being able to deliver enough axles. …

I think we need one, tidy little thread in which we can succinctly state all the possible outcomes of this Delphi vs. UAW debacle going on right now. The reason being, I think that we can use our information to deduce all the possible ways that this will affect GM. Only a few rules I want to mention: - Don't get into a big pissing match/flame war here. There are plenty of other threads where you can have fightin' words. - Try and keep theories as simple and easy to comprehend as possible. Not all of us are business majors. - Even if you think your theory is stupid or implausible (e.g: the UAW accepts Delphi's $9/hour offer), chime in anyway. The more d…

http://www.cbc.ca/money/story/2009/04/23/gm-fiat-stake.html

Excellent article on the CTS. Nice fluff piece by Angus MacKenzie. Nice focus on the details of the CTS. I'm convinced this is going to be a winner product for Cadillac. Let's hope for some momentum. Go GM!

GM to set up car venture in Uzbekistan Mon Oct 8, 2007 12:19 PM BST Email This Article | Print This Article | RSS [-] Text [+] TASHKENT (Reuters) - General Motors Corp (GM.N: Quote, Profile , Research) has set up a joint venture in Uzbekistan to produce and sell cars in the central Asian state, the Uzbek state auto company said on Monday. The state company, Uzavtoprom, said in a statement the two had signed an agreement to set up the venture, based on an existing car plant in Uzbekistan with annual production capacity of 250,000 Chevrolet cars. The statement said GM would hold a 25 percent in the venture with a possibility to raise it to 40 percent. The statem…

Just when you thought General Motors couldn't dig any deeper with the ignition switch recall, they seem to find a way. The U.S. House Energy and Commerce Committee released over 600 pages of documents relating to the GM ignition switch recall early this week and it shows a number of deeply entrenched problems. Let's begin with a story we reported last week that said two engineers from GM, Gary Altman and Ray DeGiorgio were put on paid leave. We knew DeGiorgio was put on paid leave for testifying for not knowing the part change, even though he signed a document authorizing the change. But Altman was another question as we didn't know why he was put on paid leave. We now …

GM may reopen some factories to meet higher demand By TOM KRISHER, AP Auto Writer Tom Krisher, Ap Auto Writer – 1 hr 5 mins ago DETROIT – General Motors Co. may reopen some shuttered factories because it can't produce certain vehicles fast enough, its North American president said Monday. Mark Reuss told reporters at the North American International Auto Show in Detroit that plants building the Chevrolet Equinox, GMC Terrain and Cadillac SRX crossover vehicles and the Buick LaCrosse sedan are at capacity and can't satisfy demand. Reuss mentioned an idled factory in Spring Hill, Tenn., but stopped short of saying any plants would be reopened. He said if he …

By TOM KRISHER, AP Auto Writer Tom Krisher, Ap Auto Writer – 2 hrs 44 mins ago Article Link DETROIT – General Motors Corp. said Friday that it plans to reopen a shuttered U.S. factory to build subcompact cars that will be the smallest vehicles GM has ever produced here. The company said in a written statement that the retooled factory will be able to build 160,000 cars per year. The automaker did not say which factory would be selected or which models it will build. GM, which is expected to file for Chapter 11 bankruptcy protection Monday, also plans to announce then that it will close 14 more factories, including four assembly plants. A person briefed on GM's…

GM management to blame FLINT JOURNAL LETTER TO THE EDITOR Tuesday, April 04, 2006 by Theodore Edick Let's take a look at some of the decisions General Motors' top-level management has made over the years, and it will be easy to see why it is in the fix it's in. Several years ago, the Oldsmobile Cutlass was the third-best-selling nameplate behind Chevy and Ford. So GM canceled that car, and eventually did away with the entire Oldsmobile division. Not many years ago, Buick LeSabre was the best-selling Buick, so GM did away with that nameplate. Also Buick's best-quality LeSabre plant was the Buick City plant in Flint, and GM not only stopped production at t…

Last May, General Motors agreed to a consent order from federal safety regulators over its decision on waiting too long recall 2.6 million vehicles with faulty ignition switches. Part of the order was to disclose detailed safety issues and meet with officials from NHTSA monthly. This could be extended up to three years. Well after a year of being under scrutiny, NHTSA has decided to extend it one more year. The Detroit News obtained a letter from NHTSA to GM dated on May 14th. The letter, written by Timothy H. Goodman (a lawyer for NHTSA) to GM North America general counsel Lucy Clark Dougherty said the agency would be extending the order. Now this isn't because NHTSA…

GM exploring sale of aftermarket parts business October 22, 2008 11:05 AM ET Link to Article DETROIT (Reuters) - General Motors Corp is exploring the sale of ACDelco, its global aftermarket parts business, to raise cash, the No. 1 automaker said on Wednesday. GM, which also has its Hummer all-SUV brand and a manufacturing center in Strasbourg, France, on the auction block, has retained Merrill Lynch to assist in the potential sale of ACDelco. In July, the automaker laid out a plan to boost its liquidity by $15 billion by end of 2009. The plan included costs cutting and sales of assets that are expected to raise $2 billion to $4 billion. ACDelco, which provides l…

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[source: Wall Street Journal] Car Crazy Bankrupt companies making 39 mpg autos. Are we nuts? At the end of his Rose Garden explanation yesterday of the new U.S. fuel-efficiency standards, President Obama remarked on the good that can be accomplished when we are "working together." The President may be getting ahead of himself. Watching the unlikely coalition arrayed behind him as Mr. Obama committed the U.S. to an astonishing passenger-car mileage average of 39 miles per gallon by 2016, it looks truer to say we are merely standing together in this adventure, for better or worse. Mr. Obama's fleet-mileage partners yesterday incl…

Interesting, but depressing. http://www.sfgate.com/cgi-bin/article.cgi?...&type=autos ---

Sorry... wrong information

It seems just about all you see here are "Toyota" billboards on nearly every corner. And on TV. The dealers are even stronger here advertising-wise. I can't help but imagine what a difference it might make by advertising Chevrolet and Cadillac here more. Unfortunately, you can forget about trimming Pontiac/GMC/Buick/Saturn to get the money: they don't advertise here either.

http://www.autoindustry.co.uk/news/03-04-06_1 Sorry guys, the link is either slow, or not working. Try this one. http://biz.yahoo.com/prnews/060331/sff031.html?.v=38

IDA to consider $21M for GM Business First of Buffalo - 10:01 AM EST Thursday by Thomas Hartley An Erie County Industrial Development Agency public hearing Dec. 8 will consider a request for $21 million in incentives for the General Motors Powertrain plant. GM says the package is essential to bringing additional work into the Town of Tonawanda facility. Spokeswoman Doris Powers Toney in Pontiac, Mich., said the automaker is considering renovating the facility "for the purpose of modernizing engine lines and volume for possible new work. "Until after the hearing, we won't have anything further," she said. "There is nothing new to report." The earliest that the ECIDA…

GM expects a $1,000 decline in its incentives per vehicle March 14, 2006 BY MICHAEL ELLIS FREE PRESS BUSINESS WRITER General Motors Corp. expects the amount it spends on sales incentives to fall by an average of $1,000 or more per vehicle this month, despite the launch this week of its March Madness sale. GM told dealers on Monday that from March 16 to April 4, it will offer a cash bonus of $500 or $1,000 on vehicles that have been sitting on dealer lots for 120 days or more. In addition to current incentives, consumers will get another $500 cash back on all cars and $1,000 back on Cadillacs, pickups, minivans and SUVs that arrived in dealer showrooms before Nov. 17…

Man, I get goosebumps just watching this! Especially the parts where you're in the passenger seat. Edit: Whoops...just realized I put this in the wrong forum. I thought i was in the lounge.

William Maley Staff Writer - CheersandGears.com November 16, 2012 General Motors CEO Dan Akerson told Opel employees this week that the company will not sell or "simply close up shop and leave". "As a global auto company, GM needs a strong design, engineering, manufacturing and sales presence in Europe. There's room for Chevrolet in Europe but Opel fulfills that role," Akerson said in a speech. "Recommendations that we 'cut and run' show you that some people simply do not see how important Opel is to our success." Opel and Vauxhall have been a big loser for General Motors with the brands posting losses for the past few quarters. The two are expected to post a loss b…

http://www.tudou.com/home/gm_china Curiously most seem to be American videos—ad complilations etc.

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…

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 …

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…

Detroit Free Press Nation/world business AUTOS: GM to spend $3 billion on health fund April 14, 2006 Email this Print this General Motors Corp., the world's largest private provider of health care, will report a first-quarter expense of as much as $3 billion to create a fund to pay future retiree health care costs. The fund requires the company to set aside $1 billion annually in 2006, 2007 and 2011 to offset increased health care costs to retired workers, a federal regulatory filing Thursday shows. It is part of an agreement to get a pretax savings of about $3 billion a year in health care costs from union workers. The October agreement requires more than 475…

Jamie LaReau Automotive News January 13, 2008 - 5:43 pm ET DETROIT -- General Motors will announce the details of phase two of its attrition plans soon. The plan would eliminate more hourly jobs this year, said CEO Rick Wagoner. GM is working with the UAW on the second part of an attrition program announced late last year after reaching a contract agreement with the union. Wagoner would not say how many jobs will be eliminated in this round because GM is still working on the program. The plan will target workers close to retirement age. They would be given a buyout package offer, and those who take it likely would be replaced eventually by lower-paid, younger…

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

GM US June sales running about same as past months WASHINGTON, June 12 (Reuters) - General Motors Corp's U.S. sales have been trending about the same as the weak results of previous months, the automaker's president of North America said on Thursday. "We'll make the sales report at the end of the month, but it looks a lot like it did in the previous couple of months," GM North America President Troy Clarke told reporters at an electric car conference in Washington. Through May, GM sales were down 17 percent in 2008. GM posted a 30 percent adjusted drop in sales for May, which pulled its U.S. market share for the month below 20 percent for the first time. Clarke an…

Generation 2 of the Ultium batteries have already undergone 150,000 simulated test miles at the Global Technical Center in Warren Michigan. To accelerate the move to an all EV portfolio, gm is working with several innovative companies and making investments in said companies to ramp quickly in scaling battery production. 2015 was the start of working together and gm will now take it to the next level with the next generation of Ultium batteries. This agreement with SES will include building a manufacturing prototyping line in Woburn Massachusetts for high-capacity, pre-production batteries by 2023. To quote GM President Reuss: “Affordability and rang…

GM adds incentives on large pickups, SUVs The Detroit News General Motors Corp. has added new incentives on its large pickups and sport-utility vehicles for October following its second-straight month of sales gains, Bloomberg News reported today. The offers of $1,000 cash rebates on such vehicles as the 2007 and 2008 Chevrolet Silverado large pickup and GMC Envoy SUV, began Tuesday and run through the end of the month, GM spokesman John McDonald told Bloomberg. GM also extended through Oct. 31 its offer of zero-percent financing for up to five years on some SUVs and large pickups, McDonald said. The $1,000 cash rebates are in addition to other incentives and can't b…

http://biz.yahoo.com/rb/060329/autos_isuzu_gm.html?.v=1

Makes a few good and bad points. http://www.nationalreview.com/nrof_comment...00512080857.asp

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…

GM offers dealers incentives In effort to halt sales slide, automaker will give retailers $250 for each sale through end of Aug Greg Bensinger | Link to Original Article @ DetNews | Bloomberg News General Motors Corp. is giving dealers cash awards in a bid to halt a 9.4 percent drop in U.S. sales this year, a program outlined in an internal GM memo. Retailers will get $250 for each sale made from Aug. 23 through the end of the month, the memo from Jim Bunnell, general manager of GM's Buick, Pontiac and GMC divisions, said. Dealers can use the money to boost discounts offered directly to consumers through most of September, GM sales and marketing chief Mark LaNeve conf…

Honda, GM Hybrids Can Get Full Tax Credit Honda, GM Hybrids Are Still Eligible for Full Tax Credit Thursday November 16, 5:55 pm ET Link to Full Article @ Yahoo!Reuters WASHINGTON (AP) -- The Internal Revenue Service said Thursday that hybrid cars made by Honda Motor Co. and General Motors Corp. are still eligible for a tax credit intended to encourage the purchase of fuel-efficient cars, as the credit phases out for Toyota Motor Corp. and its Lexus division. The tax credit for hybrid vehicles begins to phase out after a manufacturer has sold 60,000 hybrid or other fuel-efficient vehicles. The IRS said Wednesday that it made the determination on Honda hybrids af…

I was waiting to see if this was going to get posted but I felt we needed to let Camino know so he can figure a way to order one. Autoblog is reporting that Automotive News story is claiming GM will show a Chevy Zeta Police car at the Chief of Police Convention in Colorado Monday. You can find the story here http://www.autoblog.com/2009/10/02/report-...nveiled-monday/ Looks like GM is just now getting around to getting Ideas and plans approved?

Did you folks see the train wreck in oshawa? i received some photos yesterday. Its a great way to increase sales and market share. Looks like someones insurance company just bought about 1.3 million dollars worth of trucks. i cannot get these to post!!!

GMC and Chevrolet Clean Up In Middle East Car "Car of The Year Awards" Dubai, United Arab Emirates – Leading UAE based magazine, Middle East Car, has named the GMC Acadia “Best Crossover”, the GMC Suburban “Lifetime Achievement”, the Chevrolet Caprice “Best LWB Executive Car” and the Chevrolet Corvette Z06 “Best Muscle Car” for 2007. The award is presented annually by a jury of ten automotive authorities in the Middle East and around the world consisting of leading automotive journalists and other industry experts. According to Publishing Director RMS magazines and Editor-in-Chief Middle East Car, Philip Moore, “The jury found the all-new, comprehensively redesigned G…