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REPORT: GM offering special discounts to rejected franchise customers, move angers dealer group

Realizing that one of its keys to survival is retaining existing owners, General Motors is proactively enticing nearly one million customers – those loyal to now-closed dealerships – with significant financial incentives. According to Automotive News, GM started sending 950,000 letters out last week to customers of stores which have shut down or lost a brand franchise. Included in the correspondence are $1,000 to $2,000 discounts towards purchasing vehicles from one of GM's four surviving U.S. brands (the incentive amount is ... Read more →

First Drive: 2011 Buick Regal prototype looks to be a good sport Chris Paukert

There's an odd bit of historical deja vu at work here. Back in the late '60s and early '70s, General Motors wanted to shift a few sporty-ish four-cylinder models from its Opel division into ...

REPORT: SS badge to return to its roots at Chevy Chris Shunk

When the SS badge returned to Chevrolet, we were pretty excited. But then the double letter #19 made its way onto the last generation Malibu, and we were immediately and nearly permanently turned ...

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

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 ...

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 6 days ago on Autoblog

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, relatively oddball Swedish brands. Ford and Volvo, while still not a match made in heaven, at least gave ...

Two Out of Three Ain't Bad: Most Chevy Camaros reportedly being sold with V8 power 7 days ago on Autoblog

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 compound the issue the V6 model costs the auto giant nearly as much to build as the V8 version. ...

REPORT: Hummer getting plans in order for H4 and H5 models 9 days ago on Autoblog

As a brand, Hummer has been in limbo since General Motors announced it was selling the downtrodden marque to China's Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd. Speculation remains that the sale could be completed on or around December 1, pending approval from GM and the Chinese ...

GM's RenCen headquarters in Detroit 'at risk' without tax credits? 9 days ago on Autoblog

According to The Detroit News, General Motors has gone on record as suggesting that without state tax credits designed to keep 2,500 employees ensconced at its Detroit Renaissance Center headquarters, the automaker could pull out of Motown's skyline and into the suburbs and surrounding areas. ...

REPORT: January's Detroit Auto Show to be loaded up with political VIPs 9 days ago on Autoblog

After General Motors and Chrysler required a combined $80 billion in government assistance to keep their doors open, many speculated that Uncle Sam would want to keep a hand in the carmaking cookie jar. While it is debatable how much control (a lot) the White House and Congress have over the ...

REPORT: All GM brands to go on sale this week 10 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 10 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 11 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 ...

2011 Buick Regal revealed live at the Hollywood Palladium 13 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 13 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" 14 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 16 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 17 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 18 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 22 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 ...

BREAKING: GM board opts to call off Opel sale 23 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 24 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 24 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 27 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 ...

REPORT: GMAC likely to get more cash soon from federal government 29 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 1 month 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 1 month 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 1 month 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 1 month 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 ...

REPORT: Pay czar planning up to 90% compensation cuts for top auto execs 1 month ago on Autoblog

When General Motors and Chrysler took money from the U.S. government to prevent being consigned to history, the two storied domestic automakers had no choice but to put their fates in Uncle Sam's hands. After two very brief bankruptcies and billions in bailout cash, America's favorite bearded ...

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 ...

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 ...

OnStar prevents its first high-speed chase 1 month ago on Autoblog

We were wondering how long it would take before OnStar's Stolen Vehicle Slowdown service was used to prevent a high speed chase. Though announced nearly two years ago, the service that allows OnStar to remotely disable a vehicle's gas pedal is still not yet available on all GM models – for ...

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 ...

VIDEO: Chrysler Turbo Encabulator piques our engineering interest 1 month ago on Autoblog

Back on January 16 of 1994, our 1985 Pontiac Parisienne Safari decided to blow a hole its radiator at the corner of Roscoe and De Soto in the San Fernando Valley. We remember noticing the temp gauge peg itself all the way to the right just as steamy white smoke began erupting out of the hood, ...

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Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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