
General Motors' ongoing financial problems mean that the company Gulfstream won't be shuttling executives to the LA Auto Show next week. After canceling plans to unveil the new Buick LaCrosse and the production version of the Cadillac CTS coupe, it became clear that there really wasn't anything else to discuss in LA. As a result, there won't be a GM press conference at the show.
GM spokesman Scott Fosgard told the Detroit News that with all the bad financial news and discussions about a bailout, any product news would simply get lost in the shuffle. Instead, GM will still show the Saab 9-X Air concept from the Paris Motor Show along with the production version of the Chevy Volt.
Now, two questions remain: 1) Will GM last long enough to make it to the Detroit Auto Show in January, and 2) Why are they spending cash on a driving "experience" at the Alabama "International" Auto Show?
[Source: Detroit News]

General Motors honcho, Rick Wagoner, is holding a 9AM (EST) news conference tomorrow at which he will make an announcement (or announcements?) on what changes the automaker will make as it adjusts to current market conditions. GM's press release has no details beyond that. So, what are we going to hear? The fact that GM is being so nebulous leads us to believe that this will be a significant announcement. Is a brand getting killed? Could we hear of a particular vehicle line getting scrapped? Are there going to be more closings? Will we hear that something new is getting greenlit, like the Chevy Beat? This should be very interesting, and we'll have the news for you tomorrow as soon as it happens. 
What better way to unveil a new Jeep than in crappy weather? Chrysler PR honcho Jason Vines joked to the assembled journalists that he seeded the clouds this morning to bring the rain down on our heads, and then a few minutes later got pressed into umbrella-holding duty. Karma really sucks, eh?









