gm news

DETROIT, General Motors today announced a restructured North American organization with a number of key leadership changes.

General Motors and Spyker Cars NV today announced that they have finalized the deal for Spyker to purchase Saab Automobile AB.

The investment includes facility renovation, new machinery, equipment and special tooling to support this engine program at the three plants.

GM’s new Duramax 6.6L turbo diesel engine has been substantially revised to include B20 capability, as well as meet strict new emissions standards effective this year.

The Nissan Frontier has the strongest roof and the Chevrolet Colorado the weakest among 5 small pickup trucks, all 2010 models, that recently were tested for rollover protection by the Insurance Institute for Highway Safety.

Fiat Powertrain Technologies (FPT) and General Motors (GM) have signed a preliminary share transfer agreement for FPT to acquire GM's 50 per cent share in FIAT-GM Powertrain Polska, an engine manufacturing joint venture in the special economic zone of Bielsko-Biala, Poland.

In advance of the General Meeting of Spyker shareholders, to be held on 12 February 2010, and which was convened on 28 January 2010, Spyker Cars N.V. ("Spyker") provides further strategic and financial details regarding its acquisition of Saab Automobile AB ("Saab").

Chevrolet, Buick, GMC and Cadillac – reported retail sales of 102,420, up 3 percent compared to January 2009, and 145,098 total sales (up 30 percent).

Recent findings show over 70 percent of new car shoppers do research online before going to a dealership. As buying habits continue to change, the Internet is playing a vital role in how car manufacturers do business.

Toyota and Ford top the list of leading automotive manufacturers that Canadian consumers see as being best positioned to offer vehicles with advanced fuel technologies, such as hybrid and bio-fuel powered vehicles.

General Motors will invest approximately $246 million in the Baltimore Transmission plant to construct a high volume electric drive manufacturing facility that will in 2013 produce U.S. designed and manufactured global rear-drive electric motors, a core technology for hybrids and electric vehicles.

As Opel moves quickly on its way towards a viable future, the company announced today the intent to wind down its manufacturing plant in Antwerp, Belgium in the course of 2010.

Consumer Guide named four GMC vehicles to its annual Best Buy and Recommended Award list. The 2010 GMC Acadia and Yukon were awarded top honors as “Best Buys” in the midsize and large SUV class, and the 2010 Terrain and Sierra were named as “Recommended Buys” in the midsize SUV and large pick up class.

Companies large and small, representing industries across the United States, have taken action to support their neighbors in Haiti by donating millions of dollars to the American Red Cross and by encouraging their customers and employees to follow suit.

Chevrolet today unveiled the 2011 Chevrolet Cruze compact sedan at the Montreal International Auto Show. It is a global car refined for Canada, delivering many segment-leading features and details aimed to exceed expectations of Canadian compact car buyers.

Two Cadillacs and a Chevrolet won three of The Detroit News Readers Choice Awards today, including the top honor of Best in Show for the Cadillac CTS Coupe.

The General Motors Foundation today approved an immediate $100,000 contribution to the American Red Cross relief fund to help earthquake-stricken Haiti.

The first Saab Convertible to be built in Sweden rolled off the line at Saab Automobile’s production facility in Trollhättan today.

The U.S. Department of Energy is awarding General Motors Co. a $7.7 million grant to accelerate development of four technologies to improve the fuel economy of light-duty vehicles by at least 25 percent while meeting strict future emissions standards.

Shanghai GM today introduced the Chevrolet New Sail sedan, the first passenger car created in China by a Sino-foreign joint venture. The new small car was developed by Shanghai GM and the Pan Asia Technical Automotive Center (PATAC), both GM-SAIC joint ventures. In addition to being sold in China, the New Sail will also be exported to other emerging markets.