GM

TARP Update Says Car Dealer Cuts Too Severe
TARP Update Says Car Dealer Cuts Too Severe

Remember the hue and cry over all the car dealerships that were forced to close in the wake of the federal government’s involvement in the GM and Chrysler near failures. Not only would little league teams lose their sponsors but the social fabric of small town America would be put at risk. In...Read More»

2008 Mercedes-Benz C63 AMG
Mercedes-Benz On A Budget: Certified Pre-Owned (CPO): Part I

Do you have champagne taste but a beer budget? Do you get excited about the thought of owning a Mercedes-Benz--one of the premier motor cars on the planet--but can’t afford the monthly payments or the high maintenance costs? JP Morgan was one of the richest people in the world at the turn of the...Read More»

2011 Buick Regal
And The Fastest-Growing Car Brand Is...Buick?

Look, we all miss Pontiac. Saturn, too. A few even miss Saab. (Fewer miss HUMMER.) But although General Motors' bankruptcy and brand sale may have been painful for fans, it's begun to pay off for the automaker and its remaining marques -- especially Buick. Not so long ago, Buick was on the skids...Read More»

Edward E. 'Ed' Whitacre, Jr.
BREAKING: General Motors CEO Ed Whitacre To Step Down Sept 1

General Motors chairman and chief executive officer Ed Whitacre will step down from his positions, passing the CEO slot to Dan Akerson on September 1 and departing as chairman of the GM board on December 31, 2010. The new CEO was voted onto GM's board last September as the company was reconstituted...Read More»

General Motors Renaissance Center, Detroit, Michigan
GM Lands $5 Billion Line Of Credit, Could File For IPO By Tomorrow

Last week, Ed Whitacre said that he was unsure about the timeline for General Motors' initial public offering. Analysts have been expecting GM to return to the stock markets this fall, but there's been a sizable obstacle standing in the automaker's way: finding a $5 billion line of credit, which GM...Read More»

2011 Infiniti M37
Today in Car News: Jerry Flint, Infiniti M, and New Chryslers

It's Monday, and High Gear Media is rounding up a batch of car reviews and news this week before we head out Friday to the 2010 Pebble Beach Concours. While we're putting together our first drives of the 2011 MINI Cooper Countryman and 2011 Toyota Avalon and a special drive in the 2010 Aston Martin...Read More»

2010 Chevrolet Express Cargo Van RWD 1500 135" Side Exterior View
G.M. Ventures Funds Bright Automotive

G.M. Ventures, the new venture capital division of General Motors Company, announced its first funding effort with a $5 million infusion to Bright Automotive. The Indiana based start up is building the Idea, a commercial plug-in hybrid van similar to the conventional gas Ford E-150 and the G.M...Read More»

Edward E. 'Ed' Whitacre, Jr.
General Motors Goes Public About Going Public

A little over a year ago, General Motors was split in two: stockholders were left with shares in "Old GM", known officially as "Motors Liquidation Company" -- currently trading around $.41 -- while "New GM", now known as "General Motors Company" became a privately held enterprise owned by a range...Read More»

Apple iPhone
Chevrolet's Newest App Is Tailor-Made For Sales Staff

We've all been there: cruising the lots or wandering the showroom floor, asking about what's in stock and what promotions are running, when Sam or Sandra Salesperson says, "I'll have to check on that" and disappears for five, maybe ten minutes. For shoppers, it's a frustrating wait, and for dealers...Read More»

2010 Chevrolet Malibu
Cheeseburger In Gas Tank: How Can That Happen?

A Rock Hill South Carolina woman found a cheeseburger in her gas tank. That’s right, a number of TV stations and the local newspaper reported in their online editions that it cost the owner $1,000 to have a cheeseburger and pickle removed from her gas tank. The account said that she filed a...Read More»

Barack Obama
Obama: Auto Industry Bailout To Be Repaid To Taxpayers

One year ago, America's automakers were facing one of the worst sales slumps to ever hit the industry, the effects of which even caused two of them to file for bankruptcy. In response, the government attempted to bailout struggling firms in the auto industry by providing them with cheap loans...Read More»

2011 Buick Regal
GM Invites Customers To Comment On 2011 Buick Regal Via Online Forum

These days we’re starting to see more and more of the major automakers starting to advertise using social media avenues such as Twitter and Facebook, and nowhere is this more evident than in the U.S. where automakers like GM, for instance, are launching new online forums for owners and potential...Read More»

GM's Hyatt Hills Golf Complex
The 'Old GM' Just Ain't What She Used To Be. Or Is She?

Just over a year ago, General Motors Corporation was split in two: the potentially profitable half became General Motors Company (i.e. "Good GM"), and everything else became Motors Liquidation Company (i.e. "Bad GM"). So far, the good GM has been on a roll, cranking out new models, launching...Read More»

2009 Honda Accord Sedan 4-door I4 Auto EX-L Front Exterior View
Best Honda Ad: Check Their Website

When I read that Honda had produced its ten millionth car at its Marysville, Ohio plant, I really had to stop and think what an accomplishment this was, not just from a manufacturing perspective, but also from an advertising point of view. Ten million cars is a lot of cars, even if it did start in...Read More»

GM Renaissance Center American flag
As GM Dips Back Into Subprime Lending, Will The Deals Get Better?

General Motors today acquired subprime lender AmeriCredit, as part of a $3.5 billion deal that will help extend loans and leases to those with blemished credit. Before you say "here we go again" and work yourself into a frenzy thinking that government-owned GM shouldn't go into the business of...Read More»

GM and Chrysler logos
The Bailout, One Year Later: Where Are They Now?

One year ago, America's auto industry was going through very tough times. Caught in the quagmire of recession, two of Detroit's Big Three had filed for bankruptcy, and they'd brought a few of their pals along for the ride. Americans were mixed about the federal government's bailout of the sector...Read More»

Baojun logo
General Motors Adds A Brand, Launches No-Frills Sedan In China

Here in the U.S., General Motors and its chairman/CEO Ed Whitacre have sold off brands -- or at least tried to --  like they were going out of business. In China, however, where the economy is robust and the auto market remains strong, GM has launched a new car brand to lure lower-income and...Read More»

Audi A8 MMI Navigation with Google functionality
Video: Send Your Google Maps To 20 Different Car Brands

Google has been on a roll lately: between the growing popularity of Android, the soon-to-launch mobile app builder, and the recent addition of multiple email signatures in Gmail (a feature that's been standard on clients like Outlook for ages), the company has been aiming to please. Yesterday, more...Read More»

2002 Oldsmobile Intrigue GX
Should I Buy A Car From A Dead Brand?

Their names are the road kill of the recession--HUMMER, Pontiac, Saturn, Mercury and Oldsmobile. Does their purchase represent opportunity or pitfall? After all, they have proven that their brands will not stand the test of time, but does that really matter? Buying a discontinued brand is like...Read More»

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