General Motors has announced that it will design and build its own electric motors within two years. This can easily be seen as GM taking the need for electric cars seriously. The General plans to devote $246 million to a factory that will produce the electric motors by 2013.
Making its own electric motors [...]
The great Yogi Berra is famous for saying, “It ain’t over till it’s over,” and boy does that apply to Saab. The Swedish car company beloved by rally types and car lovers of a certain bent has been saved from death, and this time it seems to be for real. Former corporate owners of Saab, [...]
At the moment, there is only one automaker in the world that has production plans for a car with a diesel hybrid powertrain: Peugeot. But that could change in the near future with news that General Motors is now working on its own version of the super efficient drivetrain.
General Motors is said to be working [...]
Well, that’s it then: Saab is dead. Or at least it will be very dead soon. GM couldn’t make the numbers work with selling a brand they had no business buying in the first place, and seemingly had no idea how to run or market, and now a very good an innovative car company, that [...]
GM just announced that Koenigsegg backed out of their deal to purchase Saab. Not much information about it was given, and there is no word from Koenigsegg regarding why they decided not to purchase the GM subsidiary.
GM President and CEO, Fritz Henderson said:
We’re obviously very disappointed with the decision to pull out of the Saab [...]
Looks like the on again/off again sale of General Motor’s long held Euro-brand Opel is now definitely off, and The General will not be selling the company off to Magna. What makes this really odd is that the deal was nearly complete when the GM Board of Directors decided to terminate the sale process. [...]
If you know even just a little bit about off-roading, or, for that matter, hauling loads over anything but pool table smooth roads, the news that GM will not be making unibody pickups will be greeted with a sigh of relief. This is a rumor that has been kicking around American car circles for [...]
Here’s an interesting development from General Motors, they’ve decided to offer a “60-Day Satisfaction Guarantee” on new cars purchased. It’s more than a warranty, and the full details have not been released by The General yet, but it’s an interesting idea. Will other car manufacturers follow GM’s lead on this, or will it be seen [...]
Loading ...