General Motors

This was taken from a Canadian auto web site. Much of this matched what the Fbodfather has stated before. HOT CAMARO CONCEPT WILL BECOME A REALITY "It is now clear that the car that made the biggest waves at the Detroit auto show was the Camaro concept. It is now an open secret that it will be built. "Ever since the first day I got to General Motors I've been getting mail from Camaro owners, Camaro clubs, Camaro fanatics," Lutz said during the show. "It's like a cult following out there. "I've been telling them, just wait until the Detroit auto show. I think you'll be pleased. But most of the e-mails lately have been, 'Hey, you've been there four years already. W…

FOR RELEASE: 2005-12-13 GM's Los Angeles Auto Show Lineup Emphasizes Fun, Function And Fuel Efficiency LOS ANGELES – General Motors increases its North American product pace by featuring seven new models for a number of its brands at the upcoming Greater Los Angeles Auto Show, plus a new concept, the GMC PAD. “From economical cars, to sport coupes, to people- and cargo-haulers, the range of GM vehicles shown in L.A. demonstrates our commitment to meet many transportation needs,” said Mark LaNeve, General Motors North America vice president of Vehicle Sales, Service and Marketing. Chevy will feature the newly redesigned 2007 Aveo sedan, the all-new 2007 Suburba…

http://www.edmunds.com/insideline/do/News/articleId=130591 "in July, consumers' consideration of presumably out-of-favor segments including large crossovers, minivans and sports cars began a significant recovery, while consideration of small cars and hybrids actually began declining from levels in June."

GM to build a new plant in Mexico Jamie LaReau | | Automotive News / March 30, 2006 - 8:15 am DETROIT -- General Motors will start construction on a new assembly plant in San Luis Potosi, Mexico, sometime in May. GM will build compact and sub-compact vehicles at the new facility to be sold only in Mexico, says Carlos Gelista, director of public relations and government relations for GM Mexico. The plant, which should be running sometime in 2008, will assemble about 30 vehicles per hour and employee about 1,800 people, Gelista says. The cost to construct and equip the new plant will be between $600 million to $650 million. Part of that will be paid by the Mexican…

Rick Wagoner pretty much hits the nail on the head, there’s nothing to gain and everything to lose if Delphi strikes next year. While no one can be happy with the 60% pay cut for Delphi workers (there must be a better salary/benefit combo) and “Steve” Miller comes off as a pretentious ass, only fueling the UAW anger, change in the unions pay and benefit packages are inevitable. A strike by workers would put Delphi down for the count and GM up against the ropes and not change much for the hourly workers. I am not as confident as Wagoner is in this Detroit News piece about Delphi workers not striking, he may be underestimating workers that will be dropped to near poverty…

My question is "How many more body blows can GM take?" GM paid approximately $2.4 billion for 20% of Fiat Auto and spent another $2.0 billion to cancel Fiat's put. That's $4.4 billion of cash expended for what in the end was a bit of diesel engine technology. Essentially a loss of $4.4 billion. GM paid approximately $1.4 billion for a 20% stake in Fuji Heavy Industries (maker of Subaru). It then sold 8.7% of its stake to Toyota for $315 million, implying the remainder (to be sold at market prices back to Fuji for retiring) is valued at around $408 million. This would amount to about a $677 million loss on GM&#39…

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http://media.gm.com/servlet/GatewayServlet...n=2&docid=19615 Understatement of the year: Really? $15b in savings? Time well spent? What insight! Other news This is interesting because GMAC is GM's cash-flow darling. There's a reason why GM hasn't divested itself from GMAC earlier than this: it's because GMAC brings in big money to GM's bottom line. You remove this, then you'd better be pretty confident you can make money selling cars. If GM makes this move, then they better have the rest of the ship in tight shape.. While it's nice to see that Delphi's bankrupcty isn't going to cost them a full &#0…

I really like the Dodge Magnum Hemi/SRT8 vehicles. I am nowhere close to being a MOPAR guy and would love for GM, preferably Chevy, to build something comparable. I believe Pontiac would be the best served to pull it off. Any possiblilities? Keep in mind: fairly new member, very few posts, and continue to like the Dodge Magnum and trying not to admit it.

Potential For a More Detroit-Friendly Congress? When Congress reconvenes in January, Detroit automakers will have a lot of friends in high places -- and that has foreign automakers a little wary. With the return to power of Michigan's congressional Democrats -- who will head three key committees and have significant say over the agenda on Capitol Hill -- lawmakers are expected to revive several proposals aimed at helping the domestic industry. Detroit Free Press

What My Dad Taught Me About GM And The Auto Workers Fat wages and benefits can't last when competition is cutthroat URL: http://yahoo.businessweek.com/magazine/con...45/b3958038.htm

Is Michigan relevant anymore to house a couple of the world's largest auto companies? -Michigan is not supporting the automakers a whole bunch and they may get more support if they were in other states -UAW influences are too prevalent in that part of the country. Moving could be a nice way to thumb their noses at the union bunch -other carmakers are locating plants in the south, etc. where labor is more favorable -perhaps a cultural hotbed like California or a more businesslike city like New York would be more appropriate for such global companies or closer to wall st. -many Americans feel GM etc. are isolated in a state like Michigan and think of GM as a more…

Not sure if this has been posted already since I haven't been around these parts too often lately, but this was in response to Friedman's column on GM recently.

GM @ NAIAS GM Sweeps N. American Car/Truck of the Year Awards! Detroit - At a press conference today to kick off the North American International Auto Show, the Chevy Silverado was named the North American Truck of the Year. The award is presented annually by a jury of 49 prominent automotive journalists from throughout the United States and Canada. "We're very pleased to receive this great annual honor," said Ed Peper, Chevrolet general manager. "We've been confident all along that we've had the best truck out there with our all-new Silverado. This recognition from the top industry journalists provides validation and reinforces our leadership position." The a…

GM: June sales dive spells brutal summer Bill Vlasic / The Detroit News DETROIT -- Sales at General Motors Corp. dropped sharply in June as the No. 1 U.S. automaker grappled with the long-term impact of its shrinking market share. GM's top sales executive said Tuesday that he was hopeful that the company's U.S. market share had hit bottom at 22 percent in June, but acknowledged that gains will be hard to come by until next year. "Is that the bottom? I'm not a clairvoyant, but I certainly hope so," said Mark LaNeve, GM's head of North American sales and marketing. On the day after announcing the unprecedented buyouts and retirements of 35,000 of its hourly worker…

DETROIT--General Motors Chief Executive G. Richard Wagoner, in Washington to plead his case for more government financing, brought fresh evidence Thursday of GM's desperate situation--a $9.6 billion loss in the final three months of 2008. The Presidential Task Force on Autos had summoned Wagoner and several other senior executives to Washington to answer questions about the company's request for up to $16.6 billion more in taxpayer aid, on top of the $13.4 billion it has already received from the U.S. Treasury since Dec. 31. The task force, led by Treasury Secretary Timothy Geithner and White House Economic Advisor Lawrence Summers, wanted a better understanding of GM…

America's Best- Selling Full-Sized SUV To Start At $33,990 DETROIT – Chevrolet today announced the all-new Tahoe will be priced at $33,990 for the LS model equipped with a standard 5.3L engine. This new vehicle is priced approximately $2,000 below its predecessor. The 2007 Tahoe goes on sale at Chevrolet dealers across the country today. “Tahoe has been the best-selling full-sized SUV since 2001. The 2007 model is the best Tahoe yet, and we are bringing it to the marketplace at a great value,” said Ed Peper, Chevrolet general manager. “This is very consistent with our recent pricing of other launch vehicles, making America's number one brand, Chevrolet, also America…

By Jamie LaReau Automotive News / October 24, 2005 General Motors CEO Rick Wagoner doubtless sighed with relief last week after announcing a deal with the UAW to reduce GM's health care costs. The UAW's rank and file is expected to ratify the plan to shift some health insurance and prescription drug costs onto retirees and active workers. If so, GM's after-tax savings would total $1 billion a year. That's not chump change, but it won't be enough to restore GM's profits. Last week, the automaker announced that its North American automotive operation lost $1.6 billion in the third quarter. Restive investors (read: Kirk Kerko…

Behind The Mask Jim Dollinger Saturday, August 12, 2006 Here is further proof that GM intends to close Buick and probably Pontiac. How can you not have an "identity" after 100 years? Management is falsely protraying their intentions as their plan is to eventually own and control distribution. This hidden agenda is part of the reason the call was made for the indictment of "Red Ink Rick". Please don't be fooled by the spin offered by PR experts. The market share slide and the move to offshore production continues. Forbes.com Market Scan GM Ready To Roll In 2007: Report R.M. Schneiderman, 08.11.06, 8:15 AM ET Ailing auto giant General Motors will begin to …

Link to Article US directs GM to prep for bankruptcy filing-NY Times Sun Apr 12, 2009 11:08pm EDT WASHINGTON, April 12 (Reuters ) - The U.S. Treasury Department is directing General Motors (GM.N) to lay the groundwork for a bankruptcy filing by June 1, even though the automaker has publicly stated it could reorganize outside of court, The New York Times reported on Sunday. GM is operating under emergency U.S. government loans. It has been told by the Obama administration's task force overseeing its bailout that it must cut costs and reduce its debts in order to continue to receive aid. The White House-appointed autos task force has given GM 60 days to come up wi…

One thing I find funny about the internet - it gives me a chance to find all of the douche bags of the world and watch them open their word holes and have diarrhea come pouring out at just the click of my mouse. All from the comfort of my own home! http://finance.yahoo.com/tech-ticker/artic...,yhoo,msft,goog

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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 …

GM: Feeding the Healthcare Giant The world's largest automaker is being driven deep into financial trouble not only by the cars of a competitor, but also by the medical bills of its own workers and retirees. Last year, GM spent $5.3 billion on health care -- enough to buy a GMC Yukon for each of its U.S. employees. By 2008, General Motors will likely spend more on health care in the United States than on its hourly-worker payroll. Read "Stranglehold" @ The Detroit News

personaly i hate the Aveo i liked the metro beter? soi think suzu should bring back the 3 cylinder beast( :P ) and sell it for 7,500 with nothing but a radio Also im trying to figure out how to make a poll

http://news.yahoo.com/s/ap/20070402/ap_en_...night_rider_car DUBLIN, Calif. - KITT, the flame-throwing, river-jumping, talking muscle car from the `80s TV show "Knight Rider," is up for sale. Restored to its debut-season glory, the modified black 1982 Pontiac Trans Am is offered at $149,995 at a Dublin auto dealership. Johnny "Vette" Verhoek of Kassabian Motors has had the car, officially called Knight Industries Two Thousand, on display for about a month. It is one of four documented "camera cars" used for close-up shots and scenes where David Hasselhoff, who played Michael Knight in the series, was behind the wheel. Although it cannot achieve the 300 mph spee…

Article here: http://money.cnn.com/2006/02/06/news/compa...rtune/index.htm

Among the comment on developments at GM this week is an article by Jonathan Fahey, "Rick Wagoner Is Running Out of Excuses," on the website Forbes.com

CAW Approves Camaro Changes Plant rules will enable Canadian factories to build Zetas, including Camaro. Members of Canadian Auto Workers Local 222 in Oshawa, Ont., have approved a series of work rule changes that could lead to General Motors announcing soon that it plans to move ahead with plans to build a new Chevrolet Camaro. The Camaro was one of the big favorites of journalists and car buffs at the North American International Auto Show in Detroit in January. GM's executives have promised they will decide quickly if they will turn the concept Camaro into a production car before end of the decade. With the feasibility study still in the works, GM negotiators rece…

"Yesterday, General Motors met with representatives with Canadian union Unifor - the second in less in two weeks. Talks centered around Oshawa with Unifor pleading to reconsider plans of phasing out products at the plant to keep 3,000 jobs. But those talks went nowhere as GM is moving forward with their restructuring plans. "Unfortunately, all Unifor’s proposals would involve substantial incremental costs and a further deterioration of GM’s competitive position. Having completed an analysis of Unifor’s proposals, GM has determined that it cannot pursue them because they would not combat the declining economic and market factors that must be addressed," wrote GM's vic…

WASHINGTON — General Motors Corp. (GM) said Friday it is recalling about 900,000 pickup trucks worldwide to fix problems with tailgate cables that can corrode and break when loads are placed on them. The recall involves 1999-2000 models of the Chevrolet Silverado and GMC Sierra trucks. GM said there have been 84 injuries, most of them minor scrapes and bumps, but no crashes or deaths linked to the problem. GM, the world's No. 1 automaker, said the galvanized, braided-steel support cables that keep the tailgates in place can corrode or fracture over time because of moisture seeping through cracks in the plastic sheathing of the cable or entering between the cable's met…

About 65 percent there: General Motors making progress Posted 12/11/2006 1:00:00 AM by Todd Lassa Link to Full Article @ Motor Trend Community Even on its own, GM looks much better now than it did last year, when it lost $10.6 billion. The automaker drove home its reasons for cautious optimism at a media event I attended last Thursday night. Product chief Bob Lutz talked of how the company is returning to a culture of great cars and trucks in order to survive, even thrive. But first, CEO Rick Wagoner (pictured speaking at the recent L.A. auto show) spoke of impending financial results. This time last year, GM was $2.3 billion in the hole. Much of the remaining …

I need a lot of opinions on this truck. I want to get the opinions of everybody on the SEMA Z71 Plus concept. Its a radical step away from the current 355 trucks. It obviously includes some of the traits of the 900 series, as evidenced by the tremendous new fender flairs. It also has some flavor of other GM cars, with Camaro-style low profile lights, a cleaner tailgate, and revised interior. This is the fourth time GM has unveiled a Colorado Concept model with the 5.3 V8. I see alot of pre-production hints in this truck. I need the opinions of everybody here. What do you like? What do you hate? What else would you like to see happen? Please, let us know any opinions, an…

http://www.leftlanenews.com/2006/06/14/wag...r-gms-top-goal/ General Motors boss Rick Wagoner said being the world’s largest automaker is not the company’s top priority anymore, according to the Wall Street Journal. “Would we like to stay number one? Sure. Is it the top priority of the company? No,” he said at a press conference in St. Petersburg, Russia, where the automaker is building a new plant. “We’re really focused on very strong profitability growth and balance-sheet strength in addition to driving the revenue side.” Recently, there has been a great deal of speculation that Toyota will soon surpass GM in terms of overall worldwide sales volume. However, Wagoner ha…

UPDATE: Pontiac has told us that the new Vibe will be appearing at the Los Angeles Auto Show in the fall instead of the New York show. The word on the web is that GM won't be taking the Pontiac Vibe behind the tool shed just yet. The Vibe nameplate, however, may be gone in favor of a "G" designation to follow with Pontiac's current naming scheme. While there is no official confirmation, the second-generation Vibe is expected to continue to be a joint product between GM and Toyota. The Matrix, Toyota's version of the car, is set to be replaced next spring by a car designed after the Mazda3 and similar to the European-market Auris.

Anybody see old Al tear into the USA Car makers yesterday. Said the reason that they are in trouble is because nobody wants to buy Gas Guzzlers anymore. Started going on about how good Toyota is...blah..blah.......blah. Sickening. Was he Vice President of Japan. He needs to get his info correct. He made it sound like the USA cars get 10 miles to the gallon. ALL of them. WTF Al

What do die-hard GM fans make of this recent article posted on Wired.com? It's amazing how many people don't actually want to give GM a fighting chance in the market place. http://wiredblogs.tripod.com/cars/index.bl...ntry_id=1237739 Friday, 30 September 2005 Toyota on Top Now Playing: Pearl Jam Although hybrids are currently less than one percent of total auto sales, two investment gurus believe that sales of gas-electric vehicles will enable Toyota to pass GM and become the world's biggest vehicle manufacturer. I attended the Investing for Clean Energy in Oregon event yesterday, where Roger Ballentine, the president of consulting firm Green …

Found this on another site but don't have link to original article.... Perceptions Aside, GM, Ford Can Stand Proud Pittsburgh Post-Gazette By Roger Simmermaker (Commentary) Ford and General Motors have taken turns besting the Toyota Camry in quality surveys for the past two years, but if you talk to many Americans – especially the ones who would never consider supporting home-based auto companies – you'd never know it. Last year, the Chevrolet Impala beat the Camry in initial quality, according to J.D. Power & Associates. And Consumer Reports just announced that both the Ford Fusion and Mercury Milan scored higher than both the Camry and the Honda Accord …

By SHARON TERLEP and NEAL E. BOUDETTE The Wall Street Journal A few months ago, General Motors flooded the prime-time airwaves with commercials introducing the G8, a big, powerful sedan that is supposed to re-energize GM’s Pontiac brand. But the ad blitz hasn’t had much effect. In August, GM’s 2,712 U.S. Pontiac dealers sold only 1,915 G8s — not even one per dealer. GM has problems on many fronts, including high gasoline prices, falling truck sales and billions in losses. The G8 illustrates one problem that’s often overlooked: The automaker’s lineup contains many vehicles that deliver barely any bang for the buck. Consider the Saab 9-5 sedan. GM promotes its Swe…

Certified Pre-Owned Vehicles Get New Name and Features 2011-06-10 Chevrolet, Buick and GMC offer two-year/30,000 mile standard vehicle maintenance GM Certified Used Vehicles program renamed Chevrolet/Buick/GMC Certified Pre-Owned Vehicles DETROIT – Starting Saturday, two years of standard maintenance including oil changes will be part of purchasing a Certified Pre-Owned Chevrolet, Buick or GMC vehicle as General Motors moves to tie pre-owned cars, trucks and crossovers to its brands. Owner Care, a first in the certified pre-owned vehicle industry that includes a two-year/30,000-mile standard vehicle maintenance program, will cover oil changes based on …

here is a memo i got from one of our sales trainers. A 2006 Prius costs $4,325 more then a compareable Malibu If you average 55 mpg - pay back time will be 5 years If you average 44 mpg - pay back time will be 6.5 years A major consumer magazine states that 44 mpg is more realistic Based on $3 a gallon and 15,000 per year. Based on a Malibu averaging 27 mpg Hot climates have dramatic impact on fuel economy due to the air conditioning draining the battery thus, requiring the use of the gas engine. Dont park a Prius for 2 weeks without starting, this will drain and damage the batteries. This may not be covered by the warranty because it could be consid…

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…

GM Builds First Lithium-ion Battery for Chevrolet Volt o GM is the first major automaker to manufacture an advanced lithium-ion battery pack in the U.S. o Brownstown Township to be first high-volume U.S. automotive lithium-ion battery manufacturing site o Plant’s battery cell processing, module and pack manufacturing capabilities strengthen GM’s in-house battery expertise BROWNSTOWN TOWNSHIP, Mich. – Exactly three years since the day the Chevrolet Volt concept car debuted, GM today manufactured the first advanced lithium-ion battery for a mass-marketed electric vehicle at GM's Brownstown Battery Pack Assembly Plant. “This i…

GM Canada released this a little while ago, but I just noticed it today... 2008 Vehicle production schedules. Bold, Italic = updates / adds - As Of February 2nd, 2007 Model / Plant / Start of Production Date For The 2008 Model. • Chevrolet Eqiunox / Pontiac Torrent - CAMI - June 28th, 2007. • Trailblazer / Envoy / 9-7X - Moraine - July 16th, 2007. • Acadia / Outlook - Lansing Delta - June 18th, 2007. • Enclave - Lansing Delta - April 2nd, 2007. • Tahoe / Yukon Denali / Suburban / Yukon XL Denali - Janesville - July 23rd, 2007. • Suburban - Silao (Mexico) - July 16th, 2007. • Yukon XL / Tahoe / Yukon / Escalade / Escalade ESV - Arlington - June 25th, 2007. • HHR …

While the focus on the electric vehicles have been on the ultra plush and quick models from the likes of Tesla, Audi, and Jaguar, there is a lot of work being done for electric delivery vans. The combination of reduced maintenance, low fuel costs, and an abundance of torque to deal with heavy loads make them a perfect to do deliveries in urban areas. Rivian is the most-well known player here with plans to build out a fleet of electric vans for Amazon. Another player is ready to join the fight. Reuters reported yesterday that General Motors is working on a electric van for the commercial market. Five sources reveal that the van - codenamed BV1 - is expected to go into…

Crazy for color Right hues mean lots of green to GM, carmakers Brett Clanton / The Detroit News Top colors The most popular vehicle paint color choices in North America   Color 2005 2004 Silver 18% 18% White/White pearl 17% 16% Gray 15% 10% Blue 12% 11% Black 11% 11% Red 11% 14% Light brown 9% 11% Green 4% 5% Yellow/gold 2% 2% Others 1% 2% Charles V. Tines / The Detroit News "Blue is going to be the biggest story for '07, '08 and '09," says Christopher Webb, a color designer for GM. A group of GM designers is assigned the task of predicting the trends. The current hot color is silver. See full image Charles …

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http://www.detnews.com/2005/autosinsider/0.../A01-356532.htm Granted, this is good news but GM should have further negotiated with the UAW to put current workers on the same health care program as their white collar staff. Yes this deal is historic and probably very tough though not far enough. But that might have been out of scope of the negotiations. They did not go far enough.

You know, the ads where they claim to be american car companies and try to convince everyone that it's okay to be anti-domestic. "You just keep doing what you do, and we'll keep building cars you want to buy." -- Honda Translates to: Just keep believing that Detroit is worthless, because we'll sell you a car instead. --or-- We're better off without Detroit anyway. Or, Detroit builds cars no one wants to buy. It's the over all tone that pisses me off. This is the kind of shady business I've bitched about for years. It seesk to benefit from Detroit's loss, as usual. I mean really; 60% of the country hates the automakers anyway and now it seems that these companies are…

GM to Dealers: "No More Full Tank Freebies" [T]he General's laying down the law on dealerships in the latest missive from the bean-counting bureaucrats at the RenCen...by making it clear they'll no longer reimburse dealers for a full of tank of gas upon delivery. Instead, the Detroit-based automaker will be handing the dealership $20 for cars and $30 for trucks -- which if we've calculated correctly, will mean the dealer will be able to pump just over six gallons into a car and ten gallons into a truck without dipping into their own pockets. Editor's Note: You can also find the actual letter to dealers at the link. Read "GM Says To Dealers: No Gas For You!" @ Jalo…

A deal General Motors employees can't afford to pass up has began rolling out. This special incentive offer is special to just employees of General Motors and differs from the regular Employee Pricing to all. GM employees who purchase select new 2006 vehicle get employee pricing PLUS cash of either $500, $750 or $1,000. The vehicles are listed below. $1,000 GM Employee Bonush Cash is valid through September 30, 2005. Incentive is valid on the purchase or lease of a new 2006 Buick Rainier and Rendezvous; Chevy Trailblazer and Trailblazer EXT; and GMC Envoy, Envoy Denali, Envoy XL, and Envoy XL Denali. $750 GM Employee Bonush Cash is valid t…

It has been revealed that Rick Wagoner was ready to resign, if the GM Board of Directors hadn't given him their vote of confidence. Click here for the report on msnbc.com.

The new 2008 Opel Vectra is obviously very close to introduction based on how many times it has been turning up at the far end of spy camera lenses lately. The latest images that have appeared show a couple of views of the new car with all the striped mylar photoshopped away to give us a clean look at the first vehicle built on General Motor's Epsilon II platform. The car pictured here will be appearing stateside in about two years wearing Saturn badges as the new Aura. Variants with different bodies will also appear as the next next Chevy Malibu, Saab 9-3 and 9-5, and possibly even more.

Jamie LaReau Automotive News February 18, 2009 - 5:05 pm ET DETROIT -- General Motors, focusing on mainstream products in a battle to survive, has scrapped a unit that produced high-performance vehicles. GM today disbanded High Performance Vehicle Operations, which is based at the company's suburban Detroit technical center, and redeployed its engineers, said spokesman Vince Muniga. "All high-performance projects are on indefinite hold," Muniga said. "The engineers are moving into different areas of the organization, and they will work on Cadillacs, Buicks, Chevrolets and Pontiacs." The unit created low-volume vehicles for GM's divisions designed to appeal…

The deadline is looming to present a plan for viability, and Reuters says GM is considering Chapter 11 to form a new ( ! ) company. To view their story, click here.