Both General Motors and Ford will move their full-size sedans to more generic global platforms. This means that there will probably be a global downsize in vehicle sizes and hopefully prices. Ford has said that the new 2010 Taurus will be built on a next-generation platform that is smaller than the current model’s. FoMoCo will apparently replace their platforms...

General Motors was recently disappointed with their first mild-hybrid sedan, the Chevrolet Malibu. The Malibu featured a hybrid system that accounted for low sales and eventually a discontinued production. Chevrolet has said that they have learned from this lesson, and they will like to fix this problem. “One of the issues with the Malibu hybrid has been that...

General Motors has finally emerged from bankruptcy support. The company will now live on with their own funding. GM’s bankruptcy process went a lot smoother than some people predicted and the company will now look forward to a successful future with their ‘good’ assets. “Today marks a new beginning for General Motors, one that will allow...

General Motors will soon exit bankruptcy as they will sell most of their assets this week. The new company is backed by the US Treasury Department where it is now run by Fritz Henderson. The company wrote the following piece on their blog, “We expect the sale to close immediately after the appeal process is exhausted later this week, and for the new GM to...

BIAC has said that if they win the Opel bid, they would like to sell around half a million cars in China by 2015. The plans were mentioned after a document was submitted to the General. BAIC are planning to build a strong dealership in China where will comprise around 400 stores. Dealers would like to sell 485,000 units annually, and these sales would comprise...

Chinese manufacturer, BAIC, has made a take-over offer for the Opel brand. It was said that BAIC would pay up to 660 million euros to GM for the Opel brand, where they will then ask for less government money than Magna. BAIC has said that they need 2.64 billion from the German government, where Magna demand 4.5 billion. BAIC said that they would also only be...

Financial advisory firm Grant Thornton LLP has undergone a new study on European and Asian automakers in relation to production of cars when compared to the North American’s Big Three. Grant Thornton LLP said that the Asian and European automakers will produce more cars in than the Big Three by 2012 in North America, and this study suggests that after the...

Buick has announced that they will add the new 2.4-litre four-cylinder Ecotec engine to their brand new LaCrosse for 2010. The new engine will feature good fuel efficiency with good performance and a direct injection system. The 2.4-litre Ecotec will feature 136kW of power with 233Nm of torque. There will be a 20mpg city and 30mpg highway fuel consumption result....

Reports have said that General Motors have filed a document with the courts in order to try and get the ‘new’ Chrysler to pay back their pre-bankruptcy debt of $531,275. Chrysler had said that they will only pay about a third of this total which was used for creating new Two-Mode hybrid powertrains. Both the General and Chrysler have been through...

General Motors have announced that they have reached a preliminary agreement to sell their Saab brand to another Swedish automaker called, Koenigsegg. The Saab brand will be sold to Koenigsegg by the third quarter of this year, where there will be about $600 million in funding commitment from the European Investment Bank (EIB). GM has not released and specific...

Koenigsegg have said that they feel pretty confident about their ability to bring the Saab brand from General Motors back into profit. The luxury sports car maker from Sweden said that they will try to take over the Saab brand with help coming from various investors interested in the deal. Baard Eker, the Koenigsegg co-owner, said that there is a great chance...

General Motors have released their 2010 Chevrolet Camaro in the Middle East, where the sales of the 300 horsepower V6, and the 422-hp V8 SS will start soon. “The all-new Camaro delivers the great looks, performance and technology that Middle East buyers expect in a modern sports car,” said Michael Devereux, President of GM Middle East. “Enthusiasts in the...

The General has unveiled a new coupe version of the Grand Sports which will start at $55,720. It was said that the convertible model will start at $59,530 and both of these prices will include a $950 destination freight charge. The new Grand Sport from Corvette will feature an LS3-based powertrain that will have a wide-body styling kid, along with a wider track...

General Motors have announced that their new chairman will be Edward E. Whitacre, Jr., who is the former chairman and CEO of AT&T. The new chairman of the New GM will be taking his seat when the project is officially re-started. “I am honored to be able to serve GM at this critical juncture and take part in its reinvention,” said Whitacre. There will...

General Motors are planning to terminate a few Cadillac dealerships by the end of October 2010. The General will reduce their dealer network to 3,500 dealerships around this time and this news comes as a shock as the New GM will feature Cadillac as one of the main brands. LaNeve said that General Motors would like to remove Cadillac stores in order for sales...