6 May, 2008
Yep, billion with a B. One has to wonder how long a company can continue to hemorrhage unimaginable amounts of money before it calls it a day, and shuts down for good. Somehow though, this announcement caused GM’s stock price to rise slightly. Investors, I will never understand you.
GM is trying to play down their [...]
1 Apr, 2008
In a move that even the most inside sources didn’t see coming, Toyota this morning announced a deal in which they would purchase General Motors for a stunning $42 billion in cash. This purchase has already been approved by GM’s board, as well as the UAW.
Perhaps the most incredible piece of information is [...]
13 Mar, 2008
Yet another awesome car that the Aussies will (may) get, and Americans will not. Based on the VE Commodore, the Coupe 60 sticks with the same wheelbase, though it ends up a couple inches shorter overall. The lines on this car are just plain sexy. The wheel arches may be slightly overdone - but [...]
10 Mar, 2008
Few cars are unquestionably awesome. There are nearly always those who don’t like a car for this reason or that. The HSV W427 is not one of those cars - it is absolutely, positively, without question, fantastic. Due at dealerships late this year, the W427 gets it’s name from the massive beast under the [...]
13 Feb, 2008
I wonder how it would feel to be the man in charge of a company that posted a $38.7 Billion loss for the year Two Thousand and Seven. If I really wanted to know, I’d just ask my good buddy Rick Wagoner, the CEO of GM. Just to clarify, the B in billion was [...]
22 Jan, 2008
Wowsers. In this, yet another massive recall, GM has announced the need to fix 275,936 vehicles. Which ones? A bunch, actually. Model year 2005-2007 Cadillac CTS, SRX, and STS, as well as MY 2006-2007 Pontiac Solstice, and also MY 2007 Saturn Sky vehicles are affected. The problem is a bad rear axle pinion seal that [...]
22 Jan, 2008
Remember how GM was going to release more vehicles on a new RWD platform? Vehicles like the next-generation Impala, and a new Pontiac GTO were going to be more performance-oriented with this new platform. However, due to the fuel-efficiency advantages of the FWD layout, these plans have been scrapped. The new Impala will be pulled [...]
30 Dec, 2007
I’m about a week late on this one, but it’s worth writing a quick note about just the same. GM announced last week that they’re recalling a whopping 313k vehicles - most in the US, but 38k elsewhere around the world. Affected models include:
05-07 Cadillac CTS, STS, SRX
06-07 Pontiac Solstice & Saturn Sky
There’s some sort [...]
14 Nov, 2007
After all sorts of wild speculation, GM has finally announced pricing for their full-size Hybrid SUV twins. As is usual with GM, the Yukon runs slightly higher than the Tahoe, even though they’re mechanically identical. Here’s how it breaks down:
Tahoe 2WD - $50,490
Tahoe 4WD - $53,295
Yukon 2WD - $50,945
Yukon 4WD - $53,755
While [...]
13 Nov, 2007
Remember how we reported that the 2008 Chevy Colorado and GMC Canyon would have the 5.3 liter V8 available? Looks like GM disappoints again. The original plan was to offer the V8 as an option about mid-year in 2008, in both of GM’s midsize trucks, as well as the Hummer H3. This [...]
26 Sep, 2007
All the drama is over - the UAW is back to work building Silverados and Yukon XL’s. Move along, nothing to see here. The worries about a prolonged strike were completely unfounded, because GM is a poorly run company that makes poor decisions over and over again. As is the norm, GM [...]
24 Sep, 2007
GM’s entire United Auto Workers ( UAW ) workforce walked out today - they’re officially striking against GM. All 73,000 of the hourly UAW workers are part of this strike - the first one against GM since 1970.
What brought on this strike? Officially, 10 days of bargaining to try to come to a [...]
4 Aug, 2007
Last month I reported that the Saab 9-7x was on Death Row, and production would end in a few months. Apparently that’s no longer the case, or GM is even stupider than I thought they were ( and for the record, I think they’re pretty stupid. )
Instead of throwing in the towel on one [...]
28 Jun, 2007
The Carlyle Group picked up this nifty little business for a cool $5.6 billion dollars. Nearly all analysts are heralding this as a fantastic move, and one that’s good for GM. I, however, am not the average auto industry analyst. I actually think before I follow the crowd blindly.
Yes, its’ true that Allison Transmission is [...]
14 May, 2007
The 2008 Opel Agila won’t officially debut until the Frankfurt Motor Show in September 07, but Opel was kind enough to release a few images so that our European friends can see what to expect.
The 2008 Agila is based on an all-new platform from Opel, and is enlarged just a bit in every direction. [...]
3 Apr, 2007
Meet the Vauxhall Vectra concept - complete with one eye-catching grille. There’s a bit of Lexus IS inspiration in the headlights, which isn’t a bad thing to me. The back has some Pontiac G6 in the taillights, and an awkward design across the rear.
The new Vectra will ride on the brand new Epsilon 2 [...]
13 Mar, 2007
The Vauxhall Corsa has been a popular model over in the UK, though we won’t see it here in the states. Within the next few weeks, Vauxhall is set to release the top of the line Corsa - the Corsa VXR. What can you expect from the flagship? Let’s take [...]
27 Feb, 2007
I don’t normally have information on non-US cars, but this one caught my eye a little bit. The Vauxhall VX-R8 has a unique style to it - I wouldn’t exactly say that I love the styling, but it’s unique to be certain. What really got my attention is the specs. Our wacky British cousins [...]
26 Feb, 2007
There have been rumors floating around for awhile now, that GM is considering purchasing Chrysler. I called it way back in December 06, with my 10 Auto Industry Predictions for 2007. That is, I called it that Daimler would rid itself of the parasite that is the Chrysler group. I had no [...]
8 Feb, 2007
GM made a good call ( Yup I really said that ) and decided to kill off the Buick Rainer. Production will stop in quarter 2 of this year. It’s really a shame though, for the 6 people who bought Rainiers - they’ll all have to look elsewhere when it’s time for a [...]
15 Jan, 2007
GM makes my head hurt so, so bad. It’s as if they want to die. See, they just announced that they plan to release a Saab and Cadillac crossover vehicle. Both of these CUV’s will likely be built on the ‘Lambda’ platform, currently shared by the Saturn Outlook, GMC Acadia, and Buick Enclave. It’s far from [...]
10 Jan, 2007
Pontiac now plans to import the GM Holden Commodore SS, and slap a Pontiac G8 badge on it. I think it’s a fantastic idea. The last time Pontiac snatched a car from down under and put a Pontiac emblem on it, it was a huge sales success.
Wait, this just in. The [...]