General Motors has announced that they are planning to offer an Initial Public Offering program for common stock within the U.S. Securities and Exchange Commission (SEC). “The amount of securities offered will be determined by market conditions and other factors at the time of the offering,” GM said in a statement. “The number of shares to be offered and...

After about a year of talking, the German government has decided that they will not offer Opel funding. The General Motors owned brand will need to find funding through banks such as the European Investment Bank. The German government denied funding by saying that GM does not qualify for government money as the brand had problems through product failure and not through...

U.S. Patent drawings of the entry-level compact sedan for Buick look exactly the same as the current Chinese-market 2012 Excelle from Buick. The name ‘Excelle’ might not grace American shores, however the rest of the vehicle will. We’ve got a few images here, but if you’re interested in more head on over to Carscoop. ...

Fisker will soon be the proud holders of a $596 million loan from the US Department of Energy. The money will help Fisker restructure an old General Motors plant in Wilmington, Delaware. The plant will relive its history in 2012 where it will start by producing the $40,000 Nina sedan. 2016 will see the second generation Karma being produced.

General Motors has had their trademark designs for an unnamed Chevrolet compact minivan revealed. There is a Volt-like front with an MPV type of side-part. The GM Insiders said that the people carrier recently leaked onto video last year where it was next to the Chevrolet Orlando MPV. ...

General Motors hasn’t done any work on the 2011 Chevrolet Camaro’s base 3.6-litre V6 engine. It was said that the engineers only let the motor max out at 312-horsepower with 278lb-ft of torque. “The 304 horsepower in the 2010 Camaro was actually a conservative rating on our end,” said Tom Sutter, GM V-6 chief engineer. “But we knew already...

General Motors are planning to equip all of their future models with a new brake-override system. The new safety unit will be installed on all automatic vehicles by the end of 2012 where they will reduce engine power when the brake and accelerator pedals are depressed at the same time. At the moment General Motors only offers a hand full of vehicles with this feature,...

General Motors and Vauxhall have revealed their new Astra police cars for the UK law enforcement. Dick Ellam, Manager Vehicle Conversions for Vauxhall said: “It was a great honour to be asked to exhibit the new generation Astra at such an influential show, particularly with an organisation as well regarded as ACPO. We were delighted to be able to show our British...

The General in South Africa has announced that they are about to recall 215 1.8-litre Chevrolet Cruze sedans as they would like to check their steering wheels, fuel hoses and seats. The recall will follow a massive global recall on the 22nd of March. GM spokesperson Denise van Huyssteen said that the South African market had no complaints regarding any of these problems,...

General Motors is apparently readying a six-cylinder twin-turbocharged engine for a few of their range-topping vehicles. The 3.0-litre V6 motor with direct-injection should compete with the 3.5-litre EcoBoost from Ford. At the moment we’re unsure about power figures, but we do know that Ford’s 3.5-litre unit has 265kW. Whether or not GM decide to create...

General Motors and Shanghai Automotive Industry Corp. will soon bring three version of their new urban concept to the World Expo 2010 in Shanghai. The new EN-V will be a small two-seat, two-wheeled vehicle which will shuttle people around urban centers. EN-V stands for Electric Networked-Vehicle and it’s meant for all busy cities, not just China. The two automakers...

The third of April will see the highest bidder at the Barrett-Jackson auction drive away with the brand new 2011 Corvette Z06 Carbon Limited Edition coupe, which is currently in a limited production of only 500 units. “The Corvette Z06 Carbon will surely be an instant collectible,” said Jim Campbell, U.S. Vice President, Chevrolet Marketing. “For that...

We recently commented on a Corvette C7, which should arrive around the year 2012. Following this is news on the next-next-generation Corvette C8. That’s right, we’re already hearing about year 2016 and what it has to offer, sportscar wise. The C7 will pretty much be an updated C6 model, and it’s hinted that the emphasis on the next model will be interior...

General Motors has revealed details on their brand new 2011 GMC Sierra Heavy-Duty pick-up which will go on sale later this summer. There will be a 6.6-litre Duramax turbo diesel engine, along with a new suspension system and new brakes. The engine will boast 397-horsepower with 1,037Nm of torque. There are currently no fuel figures, however we do know that the diesel engine...

The big General of Motors has announced that Vice Chairman, Bob Lutz will finally retire on the 1st of May 2010. The old man will end his 47 year career in the global auto industry. “The influence Bob Lutz has had on GM’s commitment to design, build and sell the world’s best vehicles will last for years to come,” GM CEO and Chairman Ed Whitacre said. “I, along...