General Motors Corp. Chief Executive Fritz Henderson said Tuesday that U.S. and global markets are stabilizing, which could indicate a turnaround in auto sales. View original post here:  GM CEO sees potential for sales turnaround  Read More →

General Motors Corp. says it has signed a deal to sell its Saab unit to a consortium led by Swedish carmaker Koenigsegg Automotive AB. Read the original: GM to sell Saab to Swedish-led consortium  Read More →

Government aid and timely payments by General Motors, Ford and Chrysler have held off the predicted collapse of the nation’s auto parts supply base. View post:  Auto parts suppliers are hanging on, barely  Read More →

Capping a weekend that saw General Motors announce it will impose financial cuts across its NASCAR programs, Mark Martin gave GM’s flagship team–Hendrick Motorsports–a win at Michigan International Speedway. Original post:  Martin wins... 

ValuJet was reborn as AirTran. Philip Morris rechristened itself Altria. Blackwater became Xe. Would a name change work for beleaguered General Motors? The rest is here:  Should the new GM start with a new name?  Read More →

General Motors and Chrysler executives defended the closings of hundreds of dealerships at a House hearing Friday. Auto dealers say the plans will do little to cut costs. The rest is here: GM, Chrysler execs defend dealer closings  Read More →

Speculation is arising that Koenigsegg, the Swedish supercar maker, is obtaining Saab from GM. As part of GM’s road back to financial health, they have slapped a for-sale sign on the Saab brand some time ago. The rumors of Koenigsegg acquiring... 

Swedish luxury carmaker Koenigsegg and Norwegian investors have signed a letter of intent with General Motors’ Swedish unit Saab to take over the loss-making brand. See the original post here: Koenigsegg, investors to buy GM’s Saab unit  Read More →

The race is literally ON! A new preview of Gran Turismo 5 for the PS3 was introduced just recently and now Forza Motorsport 3 for the Xbox 360 has injected the market with some serious car-porn-in-motion with new images and a video trailer. From a reasonable... 

There are 789 fewer Chrysler dealers this week. And by the end of next year, there will be 1,100 fewer General Motors dealers. Read the original post: Closed dealerships may pose warranty hassles  Read More →

President Barack Obama’s auto task force told skeptical lawmakers Wednesday the government had no plans to pump more dollars into General Motors and Chrysler. Read the original here: Task force says no more automaker bailouts  Read More →

Today the Supreme Court cleared the sale of Chrysler LLC to the Italian Fiat S.p.A led group. The sale was closed this morning, as the New York Times reported, confirming a wire transfer from the federal government providing Chrysler with $6.6 in bankruptcy... 

A former CEO and chairman of AT&T Inc. will lead General Motors Corp.’s board after the automaker emerges from bankruptcy protection, GM said Tuesday. See the original post here:  GM names former AT&T CEO new chairman  Read More →

General Motors Corp. has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske, both companies said Friday. Read the original post:  GM to sell Saturn brand to Penske  Read More →

Filed under: Car Buying , GM , Saturn According to The New York Times , General Motors has come to terms with a consortium led by industry icon Roger Penske to sell its ailing Saturn brand. The agreement, which is expected to be announced later today,... 

Saturn owners are some of the most loyal automotive consumers that you will find. The initiation of that same type of loyalty was rolled out in a car company that was just “different” as their slogan stated at one time, “Saturn: A... 

Top executives from General Motors and Chrysler will face tough questions from lawmakers Wednesday about sweeping plans to close hundreds of car dealerships. View post:  Auto execs to face grilling on dealer closings  Read More →

After filing for bankruptcy protection, General Motors is pushing a new ad campaign promising it will emerge from its financial troubles leaner and stronger. Excerpt from: Bankrupt GM changes its tone with consumers  Read More →

Just as we promised , the Ken Block Gymkhana Two… this is “The Infomercial”. I don’t really have much else to say other than watch the video below… Words really cannot describe what you are about to see. Enjoy! Riding on... 

Just yesterday we announced General Motors filing chapter 11 bankruptcy and just today they have found a buyer for the Hummer brand. Hummer will continue to live on through a Chinese industrial firm. General Motors has reached a preliminary deal to sell...