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GM pulls the plug on 1,124 under-performing dealerships
Posted on 15. May, 2009 by Zane Merva.
General Motors sent franchise termination letters to 1,124 of it’s dealers this morning in the first move of a plan to pare the automaker’s dealer network of 5,969 dealerships down to 3,600.
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GM loses $6-billion during the first quarter of 2009
Posted on 07. May, 2009 by Zane Merva.
General Motors released 2009 quarter one financial results this morning and despite being better than analysts expected- the downward slide continues. The company is reporting a quarterly loss of $6-billion amid sliding market share and a revenue stream that is only running at a trickle.
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General Motors and Segway reinvent personal transportation with PUMA
Posted on 07. Apr, 2009 by Zane Merva.
General Motors and personal transport company Segway pulled a surprise announcement this morning in New York. The two have joined up and have something to show the world. It’s called PUMA and stands for Personal Urban Mobility and Accessibility vehicle. Here’s what we know…
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Don’t miss - 2010 GMC Terrain live webchat this Wednesday
Posted on 06. Apr, 2009 by Zane Merva.
GM-Trucks.com sister site, autoinsane.com has teamed up with GMblogs to host a live webchat discussion on the new 2010 GMC Terrain this wednesday. Better yet, you can join in on the chat right here at GM-TC.
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GMC introduces 2010 Terrain
Posted on 06. Apr, 2009 by Zane Merva.
The New York Auto Show kicks off today and GMC is taking advantage of this year’s event to roll out a new mid-size crossover- the Terrain. Here’s the scoop (specs, photos & video) on the new model and a look at what we can expect when it is officially introduced on Wednesday.
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Confidence is key- GM launches own customer protection plan
Posted on 31. Mar, 2009 by Zane Merva.
Just in: General Motors is launching “GM Total Confidence” to complete head to head with Ford and Hyundai.
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GM press briefing at 10am today- Watch it live here!
Posted on 31. Mar, 2009 by Zane Merva.
General Motors CEO, Fritz Henderson is scheduled to hold a press briefing to discuss his appointment, announcements made by President Obama, and aid to the auto industry today at 10am. We’ve got the live stream for you to check out.
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GM financials improving- will not need $2 billion of previously requested funding
Posted on 12. Mar, 2009 by Zane Merva.
General Motors has just announced that they will no longer need the $2 billion in government funding that they had previously requested for March. The good news comes in tangent with the announcement that GM Canada has ratified a competitive agreement with the CAW.
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GM’s light-duty 4.5L Duramax diesel on indefinite hold
Posted on 11. Mar, 2009 by Zane Merva.
The string of bad news continues out of General Motors. Today the company announced that the Duramax 4.5L V8 Diesel, planned for the 2010 Chevrolet Silverado and GMC Sierra 1500 will be scrapped indefinitely.
