Just yesterday we announced General Motors filing chapter 11 bankruptcy and just today they have found a buyer for the Hummer brand. Hummer will continue to live on through a Full Article »
We all knew this was coming as it was only a matter of time unfortunately. General Motors or GM, has filed for bankruptcy today. The chapter 11 filing comes about Full Article »
So you may think the government is going to run GM and Chrysler… you may be right. The Obama administration is preparing to send GM into bankruptcy as soon as Full Article »
General Motors has recently told about 1,124 dealerships, which are mostly poor performers, that their GM franchise agreements won’t likely be extended past October 2010.
General Motors Corp.’s Saturn brand will be either sold off or phased out by the end of this year. Earlier announcements said that it would have been at least 2 Full Article »
Okay, the economic situation was already pretty serious. Now it is really hitting big companies like General Motors, very hard. General Motors is preparing to announce the closure of the Full Article »
At this point, there is no doubt in my mind; GM will be filing for bankruptcy soon. Confirmed by various sources, GM cannot file until after sometime in June of Full Article »
GM is recalling about 1.5 million vehicles due to an oil leak that could cause an engine fire. Apparently under hard breaking engine oil could leak past a heat shield Full Article »
No doubt that the majority agree that GM filing Bankruptcy would not be such a bad thing. Many support the idea that bankruptcy would “force” them into restructuring and emerging Full Article »
Both Ford and GM have announced new programs in hopes of encourage consumers to enter into the car buying market. Within each program both Ford and GM will offer protection Full Article »
Today is my “what to do in case of Automotive Industry emergency” news day. All of the major news networks are steadily reporting today updates of the Obama administration’s plans Full Article »
General Motors CEO Rick Wagoner will step down from his position immediately as recently reported by various news associations. This comes about maybe as a slight surprise on the eve Full Article »
All of the hoopla and talk of the automotive industry suffering so severely raises many questions. Should one of the big automakers file for bankruptcy and how will this Full Article »
Opel and GM have had alliances for some time now and many enthusiasts sometimes Like the Opel version of a popular American GM vehicle. The new Opel Ampera ER-EV is Full Article »
With the recent state of the economy all we have heard is the overshadowing echo of layoffs not giving much room for the word “retirement”. Bob Lutz, General Motors Vice Full Article »
