Hummer: Proudly Owned By The People’s Republic of China

Detroit, MI (AHN) - Hummer, the General Motors brand made famous during the first Iraq war but shunned once gasoline rose to record high prices, has been sold to Chinese firm Sichuan Tengzhong Heavy Industrial Machinery Corp. Tengzhong ... continue

Canadian Auto Supplier Magna To Take Over Opel From GM

Hamburg, Germany (AHN) - Magna, the Canadian auto supplier, will be the majority owner of General Motors' Opel subsidiary, GM officials announced Thursday. John F. Smith, GM's chief negotiator, announced the sale after meeting with German Chancellor Angela ... continue

Twitter saves GM from disaster

Well maybe not complete disaster since no-one will probably be able to save them from that, however a recent idea from the company hit Twitter and saw nothing but a chorus of boo’s and ... continue

GM Finalizes Deal Selling Saab To Swedish Consortium

New York, NY (AHN) - American carmaker General Motors (GM) continues on the path to profitability after inking a deal with Koenigsegg Group AB to buy the Swedish brand Saab Automobile AB. While GM won't actually make any ... continue

GM: Making something better means knowing about the problem

In light of the massive bailout for the automobile industry and the constantly shifting executives a rather interesting story has surfaced as to one of the reasons that GM is having such a hard ... continue

General Motors Dealerships Closing: 1,100 Locations Affected

General Motors has announced it is closing 1,100 of its U.S. dealerships. The move comes as the company sits on the brink of bankruptcy. GM is expected to ultimately close more than 2,300 dealerships by the end ... continue

GM Announcement: Jobs and Dealers Cut; Pontiac Eliminated

General Motors (GM) has announced it'll cut thousands of jobs, close thousands of dealers, and eliminate the Pontiac brand over the coming months. The GM announcement came during a press conference Monday. The GM Announcement GM's announcement indicates up ... continue

GM boss told to step down by White House

On the eve of President Obama’s unveiling of his plan to help save the floundering U.S. automobile industry the head of GM, Rick Wagoner, has been asked to step down from his position by the ... continue

Ford and Unions negotiate a pay cut…to $55/ hour

The criticism from the right blaming autoworkers for the demise of the American auto industry hasn't always been fair. It isn't the fault of workers that the big three have produced products people don't want; management fairly ... continue

GM Viability Plan: 47,000 jobs to go, Saab, Hummer and Saturn for sale, may close

General Motors (GM) will slash 47,000 jobs and attempt to sell off prime brands as part of a viability plan submitted to the US Government. GM was required to submit the viability plan as a condition of receiving ... continue

Obscene: Chrysler Spending Bailout Money on Ads Thanking America for Bailout Money

While polls showed the majority of American's did not support a bailout of the auto industry, The Bush Administration acted anyway, throwing away loaning the industry some $17 billion. So what's the first thing Chrysler does with ... continue

GM gets poor reception for YouTube bailout propaganda

General Motors has posted a propaganda video to YouTube in an attempt to gain support for a bailout of the US car industry. The bailout itself is currently in dispute, with House Democrats calling on the Bush Administration ... continue