General Motors
General Motors is a U.S. automaker currently comprised of four core brands (Chevrolet, Cadillac, Buick and GMC) after emerging from Chapter 11 bankruptcy in July 2009. GM also included Hummer, Saab, Pontiac and Saturn prior to entering bankruptcy, though each of these brands are in the stages of either being sold or phased out. Founded in September 1908 by William C. Durant, GM was the largest automaker in the world for most of the 20th century, though has slipped to No. 2 behind Toyota in recent years.
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- BREAKING: Ford says it has come to terms with Geely on Volvo sale He's Back: Schumacher reportedly signs with Mercedes-Benz F1 for 2010 NSX no more: Honda HSV-10 GT ready to race in SuperGT BREAKING: Ex-Microsoft CFO Chris Liddell named CFO of General Motors Spyker Tries Again: Submits 11th-hour, 11-point bid for Saab
More General Motors news
VIDEO: Chevy Volt squeals tires around the track 1 hour ago on Autoblog
Fuel efficient cars are slow, right? Just ask Jeremy Clarkson, who famously pitted a Toyota Prius against a BMW M3 around a test track to prove that the hybrid isn't very efficient when pushed to its limit. While it's true that hybrids and diesels have a reputation for being more than a bit poky ...
REPORT: GM to depart with form and run certain plants around-the-clock 4 hours ago on Autoblog
Two weeks from now, General Motors will start running its Fairfax assembly plant continuously on a permanent basis. The unprecedented around-the-clock operation, following on the heels of the temporary third shifts a few months ago, is intended to boost the plant's production from its current 4,500 ...
Autoblog Podcast #158 - 'Twas a few days before Christmas 20 hours ago on Autoblog
'Twas a couple nights before Christmas, and in the Autoblog house, Paukert and Shunk got Roth off the couch... For episode #158 of the Autoblog Podcast! What better way to get into the holiday spirit than an hour and a half of new Podcast? It's fresher than egg nog this week, as the trio chews on ...
REPORT: Last GM big block engine rolls off the line 23 hours ago on Autoblog
The Big Block. Rat Motor. Call it what you will, we can now officially add a final epitaph to the long-running engine's gravestone: R.I.P. The final L18 big block rolled down the assembly line at General Motors' Tonawanda plant in New York last week, and that engine was signed by all the workers ...
Mysterious Dutch billionaire behind Spyker's renewed Saab bid? 1 day ago on Autoblog
Too bad Saab couldn't get this much ink while they were fully-alive. That's right folks, another day, another story about the undead Swedish brand. Just-Auto.com is reporting that a mystery Dutch investor is behind Spyker's 11th-hour bid for Saab. As we've learned, it's best not to do any Saab ...
UPDATE: Spyker extends proposal to buy Saab from GM 'until further notice' 1 day ago on Autoblog
Saab loyalists can keep their candles burning a wee bit longer as supercar manufacturer Spyker has extended the deadline of its final-final offer for the Swedish brand "until further notice." Spyker says in an all-too-brief statement (which you'll find after the jump) that it has been in ...
REPORT: Spyker stock soars on word of Saab sale reconsideration 2 days ago on Autoblog
Here's the skinny: Saab isn't totally dead yet. As the weekend showed, there's (a little) hope for both Saab and its Dutch suitor, Spyker. As our man Ramsey laid out yesterday, Spyker submitted a renewed eleven-point plan to General Motors that they (Spyker) hopes will allow them to take ...
BREAKING: Ex-Microsoft CFO Chris Liddell named CFO of General Motors 2 days ago on Autoblog
In the search for an auto industry outside, General Motors has announced that Chris Liddell will become the automaker's vice chairman and CFO in 2010. Set to replace Ray G. Young -- a 20-year veteran of GM -- Liddell, the former Chief Financial Officer for software giant Microsoft, will report to ...
Spyker Tries Again: Submits 11th-hour, 11-point bid for Saab 3 days ago on Autoblog
Spyker's motto, written on all of its cars in Latin, is "Nulla tenaci invia est via." Translation: "For the tenacious, no road is impassable." And so here the Dutch company is, tenaciously chasing Saab, announcing in a press release that they have submitted a renewed offer to General Motors that ...
REPORT: GM to show Chevy Orlando-based GMC Granite and hi-po Buick Regal in Detroit 3 days ago on Autoblog
It seems as though it's just about impossible to keep an embargo in place these days. A Canadian outlet just spilled the beans on a couple of GM reveals set for Detroit next month. They say they were invited to a sneak preview Wednesday evening and although they couldn't take pics, they felt free ...
REPORT: Swedish government to meet with GM officials - could Saab still be saved? 3 days ago on Autoblog
Less than a day after General Motors officially announced Saab's euthanization, it looks like the storied Swedish brand might still have the faintest whisper of a pulse. Motor Trend is reporting that there are rumors swirling that the Swedish government will hold emergency meetings this weekend ...
Obama bill signing enacts arbitration process for rejected GM, Chrysler dealers 4 days ago on Autoblog
Word on the street is that the Auto Task Force was pushing hard for General Motors and Chrysler to to dump dealerships during bankruptcy. In all, some 2,150 dealers got the axe, reportedly saving the struggling Detroit automakers big bucks while helping to ensure that remaining dealers were ...
REPORT: GM to speed up development of vehicles delayed by bankruptcy 4 days ago on Autoblog
Prior to declaring bankruptcy, General Motors began delaying new products in an effort to conserve cash. The news was disappointing to enthusiasts and brand loyalists, but with its cash piles dwindling, the General didn't have many alternatives. Post-bankruptcy, GM finds itself with $40 billion ...
Autoline on Autoblog with John McElroy 4 days ago on Autoblog
GM COULD REPAY EVERY SINGLE PENNY Even though General Motors surprised everyone when it announced it will repay its government loans by next June, a lot of people are still unhappy. What about the other $50 billion we poured into the company, they demand to know? A lot of politicians and not a ...
GM begins repayment to U.S. and Canadian governments 4 days ago on Autoblog
Good news, the check is in the mail! General Motors issued a (very) brief press release this afternoon stating that the automaker had delivered on its promise to issue its first reimbursement checks to the U.S. and Canadian governments by the end of the year. GM sent $1 billion to the feds and ...
Christmas List 2010: Rattner's book to debut in time for next Christmas 5 days ago on Autoblog
Planning for the future is perhaps an alien concept to big business – even automakers, with their protracted product development cycles. Take a cue of what not to do from them, then, and start planning now for next Christmas. May we suggest that your 2010 wishlist starts with what's destined ...
BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand 5 days ago on Autoblog
After a protracted saga that has seen bidders drop in-and-out and old model tooling and assets sold off to the Chinese, the enigmatic brand known as Saab is dead. In a press release issued this morning, General Motors announced that the "intended sale of Saab Automobile AB would not be ...
REPORT: Michigan gives GM tax break but automaker to still halve staff at RenCen 5 days ago on Autoblog
There are roughly 4,000 GM employees working at the company's Renaissance Center headquarters in Detroit. During the restructuring, GM has been working out how many employees to let go and where to put the remainder, and that, for the state of Michigan, meant another few thousand workers ...
Sweeney takes over Buick/GMC general manager duties 5 days ago on Autoblog
For the third time in two months, General Motors has a new Buick/GMC general manager, this time hiring longtime employee Brian Sweeney to the high-profile post. Sweeney gets the job one week after Michael RIchards quit after just nine days on the job. Sweeney gets the general manager post ...
Bowling for Michigan: Laid-off GM worker wins PBA championship 7 days ago on Autoblog
How cool is this? On minute Tom Smallwood is reeling after losing a (once) steady production job at General Motors' Truck Plant in Pontiac, MI, and the next minute he takes the PBA championship. In a real-life event that mimics some of the great tales in the history of underdog turned champion, ...
REPORT: GM-SAIC pondering Tata Nano fighter? 7 days ago on Autoblog
Though the minuscule Tata Nano hasn't even been on the market for a complete year, the impact it's had on the automotive world may be exactly inverse to its size and price. In other words, it's had a huge effect, proving to the world that it's possible to build a business plan around selling ...
REPORT: No alternatives left - Whitacre says it's Spyker or the Grim Reaper for Saab 7 days ago on Autoblog
It's now or never. By the end of December General Motors will either divest itself of Saab by selling the Swedish automaker or by permanently closing its doors. And there is but one company bidding for the Swedish automaker -- Spyker -- which has yet to turn a profit. GM Chairman and interim CEO ...
VIDEO: GM commissions Chevrolet Volt dance to go with song. Yes, really. 9 days ago on Autoblog
"E for electricity, V for Chevy Volt and me..." Catchy little diddly, sure. But we were mostly willing to let the Chevrolet Volt song make the deep, dark trek into obscurity with nary another mention. That is, until today. What made us change our tune, you ask? Boy, are you in for a treat. ...
REPORT: Despite selling off old bits to BAIC, Saab brand still in search of buyer 9 days ago on Autoblog
Here's a little bit more on the salvation/debacle of Saab. First of all, it should be pointed out that after our last report about Holland's Spyker trying to buy Saab, the freaks lovely people over at Saabs United pointed out some gaping holes in our reporting an inconsistency or two with the ...
Fed may reconsider $500k salary cap for new GM CEO, limit pay for 2nd tier execs 9 days ago on Autoblog
It's official: pay czar Kenneth Feinberg's executive compensation rules for companies yet to return their bailout funds means a cap of $500K for second-tier executives. Importantly, that number represents the total compensation allowed, but only 45 percent of it -- $225,000, can be in cold, hard ...
Mulally and Whitacre gab on phone, what was said? 12 days ago on Autoblog
Word has it that Ford CEO Alan Mulally and the new interim CEO of General Motors, Ed Whitacre, had a phone conversation this week. This type of across-the-aisle conversation is not unusual, as Mulally himself placed a call to each of his competitors when he arrived in D-town from Boeing three ...
Buick-GMC general manager Michael Richards leaves after just nine days on the job 12 days ago on Autoblog
Nine days ago, we posted about Michael Richards getting Susan Docherty's old post at General Motors, brand manager for Buick-GMC. Today, he walked away. According to The Detroit News, the official (yet still unofficial) reason is that Richards' previous employer – Trinity Automotive in ...
REPORT: Fed predicts it will lose $30B on auto industry bailout 13 days ago on Autoblog
2009 isn't quite over yet, but we're pretty sure most automakers would rather forget that it ever happened. And while General Motors and Chrysler suffered the pain and humiliation of bankruptcy and workers lost thousands of jobs and many plants and dealerships closed, the good news is that the ...
REPORT: GM, Ford to dramatically increase Q1 production versus year ago numbers 14 days ago on Autoblog
The first quarter of 2009 could best be described as the worst of times in the auto industry. With the full weight of the global financial collapse weighing down on the industry, sales dropped like a stone and production screeched to a halt. General Motors and Ford produced only 371,000 and ...
REPORT: Spencer Stuart tasked with finding new GM CEO 14 days ago on Autoblog
Headhunting firm Spencer Stuart is without doubt on the speed-dial lists of bailed-out firms, having placed chairmen, CEOs, Chrysler Group LLC, and board members for AIG, Citigroup Inc., Freddie Mac, Fannie Mae, and GMAC. Then they flew over General Motors so that Ed Whitacre, Jr. could heli-drop ...
Jaguar, Mercury tops in J.D. Power 2009 Sales Satisfaction study 14 days ago on Autoblog
J.D. Power has released its 2009 Sales Satisfaction Index, and 29 of 38 brands improved their standing versus last year's numbers. The industry watchdogs at Power say that sales people improved the most over 2008, which isn't surprising given the fact that fewer vehicles are flying off dealer ...
REPORT: BAIC only interested in parts of Saab, "White Knight" looking increasingly unlikely 15 days ago on Autoblog
It seemed pretty obvious when we first heard that China's BAIC wanted Saab's tooling that it didn't want anything to do with purchasing the Swedish automaker's full monty. If BAIC wanted to be in the Saab business, clearly, it would have made overtures for more than just the retired tooling from ...
Dodge Challenger tops Consumer Reports owner satisfaction survey 15 days ago on Autoblog
Consumer Reports has surveyed 380,000 subscribers to rank the most satisfied new car owners and a newcomer came in and dethroned the Toyota Prius. An amazing 92 percent of V8-powered Dodge Challenger owners said that they would definitely buy another Mopar pony car if they had the chance to do ...
REPORT: Minicar, EV on the way from Opel 15 days ago on Autoblog
General Motors has declared that Opel needs a minicar, a tiny little thing that can compete with runabouts like the Ford Ka and Peugeot 107. That's a fine sentiment here at the starting line, but to get to the finish GM will need to keep Opel running smoothly, get its Spark firing quickly (if ...
GM buys remaining stake in CAMI plant from Suzuki 16 days ago on Autoblog
It's safe to say that 2009 has been the most difficult year in the 101-year history of General Motors. But while most of the news coming out of GM has been tough to swallow, the Detroit, MI-based automaker has had one very good piece of news: its new products are faring well in the marketplace. ...
GM investing $336 million in Detroit plant to build Chevrolet Volt 16 days ago on Autoblog
Production of the 2011 Chevrolet Volt marks an important transition for General Motors. It's the first plug-in electric drive vehicle that the automaker is building for sale to anyone that wants one. No more of the limited lease-only deals that were done with the EV1 a decade ago. To demonstrate ...
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Autoblog Podcast #158: 'Twas a couple nights before Christmas...
Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion
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