General Motors


193 vehicles returned under GM's 60-day satisfaction guarantee

Last month, General Motors raised some eye brows when it announced its 60-day satisfaction guarantee program giving customers the ability to drive their vehicles for 60 days and return them with zero minimal risk. A month ago, we told you that only one vehicle had been returned under the program, and that guy simply traded his manual tranny Corvette for one with a six-speed slush box. Now, a little more than two months into the promotion, the General has a still fairly insignificant 193 (out of 220,000 sales) customers who have returned ... Read more →

REPORT: Ghosn still thinks Renault-Nissan should have partnered with GM in 2006 Chris Shunk

With all the trials and tribulations General Motors has endured during the past year, we almost forgot that the Detroit, MI-based automaker nearly got itself tied up with Renault-Nissan. Back in ...

Swedish Pickle: Study says GM lost $5,000+ on each Saab sold over the last 8 years Jonny Lieberman

When the automotive history of the last ten or so years is written, one of the most curious chapters will be why big, flush with cash American car companies purchased relatively diminutive, ...

Two Out of Three Ain't Bad: Most Chevy Camaros reportedly being sold with V8 power Noah Joseph

It's a sign of the times that most buyers of the new Camaro would go for the V6 and not the V8. At $31,595, the eight-cylinder SS model naturally sells for more than the $23,530 base V6 model. To ...

Autoblog builds an LS9 for someone's Corvette ZR1 Sam Abuelsamid

When you think of brands like Aston Martin, Ferrari and AMG, the idea of their engines being built by the hands of skilled craftsmen is no great surprise. However, most people would be very ...

REPORT: All GM brands to go on sale this week 4 days ago on Autoblog

The holidays are coming and everything must go! So says GM's VP of sales Susan Docherty. "All of our efforts will be to sell down our remaining 2009 inventory." Docherty is expecting all the 2009 cars to be cleared out by January, 2010. The big sales, starting this week, each get their own ...

GM loses $1.2B last quarter, ready to start repaying loans 4 days ago on Autoblog

This is one of the trickier press releases we've ever had to parse, but here goes. Despite losing $1.15 billion in the third quarter of 2009, General Motors sees this as a "solid foundation." GM President and CEO Fritz Henderson continues, "With a healthier balance sheet and a competitive cost ...

BREAKING: GM to begin repaying $6.7 billion in U.S. loans next month 4 days ago on Autoblog

digg_url = 'http://www.autoblog.com/2009/11/16/breaking-gm-to-begin-repaying-6-7-billion-in-us-loans-next-mon/'; General Motors will announce later today plans to repay the U.S. government some $6.7 billion in loans ahead of its initial due date of July 2015. The payments are expected to begin ...

Koenigsegg reportedly rejects 81 out of 218 U.S. Saab dealers 7 days ago on Autoblog

According to Automotive News, Federal Express letters arrived at 81 of Saab's 218 dealers on Thursday stating that their franchises had not been selected to move forward and become a dealer for the post-sale entity, Saab Cars North America. The package from General Motors said that Swedish ...

2011 Buick Regal revealed live at the Hollywood Palladium 7 days ago on Autoblog

Last night General Motors' superstar train blew into Los Angeles for a gala event at one of Hollywood's most iconic theaters, the Palladium. Designed by Hoover Dam architect Gordon Kaufman and opened by a $1 Frank Sinatra concert in 1940, the Palladium has played host to a who's who of music ...

REPORT: GM to let rejected dealers apply for new franchises 7 days ago on Autoblog

General Motors' bankruptcy lasted all of 42 days, and the General got a lot of liabilities off the book in that short window of opportunity. One of the more controversial moves was to give 1,300 dealers across the US a pink slip post-dated for October 2010, bringing the Detroit, MI-based ...

REPORT: Germany wants GM's plan for Opel - and a billion dollars - "quickly" 8 days ago on Autoblog

General Motors' bouleversement on the sale of its Opel brand has caused the European head of Opel vacate his office, the head of Opel labor to gulp "a bottle of wine" to get over the shock, the German head of state to request "GM to present a reliable plan for Opel quickly," and Germany's ...

GM Executive VP Nick Reilly named interim CEO at Opel/Vauxhall 10 days ago on Autoblog

It's been one heck of a week for Opel. After months of negotiations between Magna and its partners on the one hand and General Motors on the other, the American parent company opted to hold on to its European subsidiary. In the wake of the decision, Opel's chief executive Carl-Peter Forster ...

REPORT: GM to invest C$100M in Ingersoll plant to boost GMC Terrain, Chevy Equinox volume 11 days ago on Autoblog

It's early, but so far, General Motors' 2010 Chevrolet Equinox and GMC Terrain twins are exceeding sales expectations by enough of a margin that the automaker may have to shell out some serious coin to better-align production with demand. Reuters and the Toronto Star say GM will pay $100 million ...

REPORT: Lutz to step in as interim Opel chairman 12 days ago on Autoblog

Just hours before General Motors announced that it wasn't going to sell Opel, GM Europe head Carl-Peter Forster said publicly that Opel would be better off under the control of Magna. Talk about bad timing. Now that GM is keeping Opel, Forster is out as the head of the General's European ...

Germany not happy with GM abandoning Opel sale 16 days ago on Autoblog

It was an exhausting 7-month process that finally winnowed down a pool of suitors for Opel, General Motors' European subsidiary, to Canadian parts maker Magna and Russian bank Sberbank. The deal was all set to go through, but GM pulled the plug yesterday at the 11th hour, claiming that because ...

GM's Liquidation Motors stock reportedly still worth $370M, can't be sold short 16 days ago on Autoblog

When General Motors entered into Chapter 11 bankruptcy over the summer, its bad assets were moved into a firm called Motors Liquidation Company (MLC). That company was capitalized with more than 600 million shares that were meant to be worthless; however, quite the opposite has happened: with its ...

BREAKING: GM board opts to call off Opel sale 17 days ago on Autoblog

After months of negotiations with supplier Magna and its Russian partner Sberbank, General Motors has decided not to sell its Opel unit. The General mentioned in the post-jump press release that the new board of directors came to the decision to keep Opel due to GM's recovering financial ...

BREAKING: Hyundai developing competitor for OnStar, Sync... but new system needs a name 18 days ago on Autoblog

As part of its product and marketing development process, Hyundai has reached out to owners and enthusiasts to create a network of consumers with which to discuss everything from future models and technologies to advertising tactics, polls, and so on. Autoblog has learned of a ...

GM awarded DOE money to research Shape Memory Alloy heat engines 18 days ago on Autoblog

General Motors has been awarded $2.7 million by the Department of Energy to create a working prototype engine using Shape Memory Alloys (SMA). The idea is for the prototype to use SMA tech to capture heat energy from engine exhaust gasses via an electric generator and transfer that energy to ...

REPORT: Fritz says GM doesn't need any further aid from Washington 21 days ago on Autoblog

Fritz Henderson went to Washington to have a word the folks who wrote the $50 billion check to keep General Motors alive. While there, he answered a few questions put forth from The Washington Post about that investment and the "new" company created with it. His answers are sound, but qualified ...

VIDEO: GM offers sneak peek at mystery crate engine headed for SEMA 21 days ago on Autoblog

General Motors is getting ready for SEMA 2009, but the Detroit-based automaker has a little over a week before it can show us anything official in Las Vegas. That isn't stopping the General from teasing us, though, as this 40-second YouTube clip clearly demonstrates. One of GM's new tuner ...

REPORT: GMAC likely to get more cash soon from federal government 23 days ago on Autoblog

GMAC has received $12.5 billion in U.S. Treasury loans since last December, but that sizable amount of cash may not be the last of government assistance. The Detroit News is reporting that General Motors' finance arm could receive between $4 billion to $5.6 billion by November 9 in order to satisfy ...

GM to offer in-vehicle WiFi on select models 24 days ago on Autoblog

Everywhere connectivity is even closer with the announcement that GM will be offering dealer-installed Autonet routers in its SUV and truck offerings. Chrysler was the first to put Autonet in cars a year ago, and Volkswagen signed up in August of this year, putting the mobile router docking ...

Opel sale on hold, GM asked to have a word with EU Commission 25 days ago on Autoblog

The EU's Directorate-General for Competition (EUDGC) is looking at the Opel deal that should have been concluded already, and is asking questions of Germany and GM. Principally it is trying to resolve the issue of state aid; it was reported before that if Opel was purchased by Magna then the ...

REPORT: GM ups its ante in GM Daewoo 26 days ago on Autoblog

GM Daewoo has four shareholders: GM, Korea Development Bank, Suzuki Motor Corporation, and Shanghai Automotive Industry Corporation. When GM Daewoo put out a rights issue, only one of the four took the bite: GM, which made it rain to the tune of $412 million and raised its stake from 50.9. ...

Shreveport, LA mayor lobbies D.C. to close the HUMMER deal, already 27 days ago on Autoblog

Cedric Glover, the mayor of Shreveport, Louisiana, went to Washington, D.C. to plead his case for the sale of Hummer to Tengzhong. The only thing is, we're not sure why he went. To be more precise, we do know that he wants to protect jobs at GM's Shreveport plant that builds Hummers. The plant ...

GM invites Volt fans to name first color and win a test drive! 1 month ago on Autoblog

Take a close look at the Chevy Volt in the photo above. We've seen it a number of times already but we've never said anything about the color. While it's predominantly silver, it does have a green (or more specifically emerald) tint in it. According to General Motors spokesman David Darovitz, ...

REPORT: First step of Saab salvation complete, EIB to give €400m loan 1 month ago on Autoblog

Like Great Britain, Sweden never switched over to the Euro – they still deal in kroners. Therefor, In order to keep Saab afloat after being jettisoned by General Motors, new owner Koenigsegg Group has determined that it needs a loan of about 415 billion kroners to keep the flood waters ...

Rattner recounts auto bailout, was "shocked" and "stunned" at condition of GM, Chrysler 1 month ago on Autoblog

Steve Rattner is a man we admire but do not envy. Rattner, a former Wall Street banking type with zero experience in the automotive or manufacturing world, was tasked by President Obama with guiding General Motors and Chrysler through their restructuring efforts. Not a small job, by any means. ...

AM General to build VPG MV-1 people-mover at Hummer H2 factory 1 month ago on Autoblog

Remember the Standard Taxi from the Vehicle Production Group? It's now called the MV-1, and production is slated to begin next year at the AM General plant in Mishawaka, Indiana. That's the same assembly location where the Hummer H2 is built, which makes sense since the MV-1 is based on the same ...

Fitting Irony: Detroit Mayor Bing's own auto supply company hurting and on the block? 1 month ago on Autoblog

No one is allowed to escape the grinding maw of Detroit's woes -- not even Detroit Piston extraordinaire and hometown mayor Dave Bing. The mayor owns an automotive supplier called The Bing Group that provides stamped parts for carmakers. The recession has put the company on such slippery footing ...

Edmunds: GM market share will grow in October 1 month ago on Autoblog

According to the number-crunchers over at Edmunds.com, things are looking up for General Motors in the month of October. If preliminary figures hold up, The General's market share should come in at 22.4 percent, a notable gain from the 19.1 percent share the automaker averaged throughout the ...

REPORT: Only one buyer has returned a GM vehicle under new 60-day guarantee; transaction prices up $8k 1 month ago on Autoblog

When General Motors announced its 60-day money back guarantee, we were a bit surprised. The marketing scheme seemed like a pretty big gamble for the fresh out of bankruptcy automaker, but it would seem that the program isn't as risky as it first appeared. According to Automotive News, Bob Lutz, ...

REPORT: One week after announcing GM departure, Mark LaNeve surfaces at Allstate 1 month ago on Autoblog

When word got out that Mark LaNeve (right) was leaving General Motors effective October 15, we weren't at all sure where the soon-to-be-former exec was heading. The Wall Street Journal has finally let the cat out of the bag, reporting that LaNeve is leaving the auto business for a marketing gig ...

REPORT: Cadillac quietly unveils new, old-look logo 1 month ago on Autoblog

As with its model line, Cadillac has performed surgery on its logo. The previous logo, at right, was a sleek bit of matte color and metal unveiled in 1999 as a result of Cadillac wanting a new icon to represent its "art & science" campaign. The aim was "to combine suggestions of high ...

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Autoblog Podcast #153: With Phil Berg

Phil Berg puts his reputation on the line and hangs with the podcast crew.

 
 

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