Owners of 2010 Chevrolet Express and GMC Savana 2500 and 3500 models should park their vans away from buildings and other vehicles and disconnect the battery because of a serious risk of fire. GM announced today that the alternators used in the heavy duty vans can cause a fire in the vans and a recall […]
Archive for the 'GM' Category
Saab Saved! Supercar Company Spyker Buys Swedish Brand From GM
Posted in GM, Sports cars on Jan 26th, 2010
Dutch supercar company Spyker Cars has bought Saab from General Motors for approximately $74 million, according to Autoweek. After the proposed sale to a group led by Koenigsegg, another supercar company, fell through, it looked like Saab would join Pontiac and Saturn as a casualty of GM’s bankruptcy. As late as Monday, GM CEO Ed […]
The best new car rebates and incentives for this month are on leftover 2009 models. Because of slower than expected sales over the past year, dealers are stuck with large stocks of unsold cars and truck from last year. Manufacturers are more desperate than ever to unload the remaining inventory of 2009 cars and trucks […]
GM Extends Money-Back Incentive Program Into Early Next Year
Posted in GM, Incentives on Oct 30th, 2009
General Motors is extending its vehicle return program into early 2010. GM says the money-back guarantee, named “May the Best Car Win”, is getting consumers to consider the automaker’s vehicles. GM launched the campaign in September as a way to get consumers to try GM cars and trucks with minimal risk, the AP reports. Car […]
GM Expected to Announce Year-Over-Year Sales Gain For October
Posted in GM on Oct 29th, 2009
October is expected to be a big sales month for General Motors. The automaker will reportedly announce the first year-over-year sales gain in 21 months, CNNMoney.com reports. When manufacturers announce their October sales figures next week, GM is also expected to announce that it has gained market share for the third month in a row, […]
GMAC to Ask Treasury For Billions More in Government Aid
Posted in auto loan, Automotive, Chrysler, GM on Oct 28th, 2009
GMAC Financial Services is in talks with the Treasury Department for another infusion of taxpayer money. GMAC, which provides auto loans and leases to car shoppers, faces a November deadline to raise an $11.5 billion capital cushion mandated by results of the government’s stress test, the AP reports. The government gave stress tests to 19 […]
Hummer Sale to Chinese Company Complete
Posted in Automotive, GM on Oct 11th, 2009
Chinese company Sichuan Tengzhong Heavy Industrial Machinery Co. has agreed to purchase the Hummer brand from General Motors. Sichuan Tengzhong currently makes construction equipment, and Hummer will be its first foray into the passenger car market, according to Bloomberg. “We are really looking to expand our global reach to tackle some of the high-growth markets, particularly […]
American New Car Incentives For October – 0% Financing For Everyone!
Posted in Automotive, Chrysler, Ford, GM, Incentives on Oct 4th, 2009
October is a good month to be a car shopper. If you’re going to finance a new car in October, you should definitely check out what the domestic automakers have to offer. All three of the American car companies are offering 0% interest car loans on most of their models. GM is offering 0% financing […]
Saturn Closing After Penske Deal Falls Through
Posted in Automotive, GM on Sep 30th, 2009
General Motors announced on Wednesday that it will be closing Saturn after a deal to sell the company to Penske Automotive fell through, according to the Associated Press. Penske Automotive had planned to keep Saturn’s current lineup until the cars were ready to be retired, then replace them with vehicles sourced from another manufacturer. Unfortunately, […]
Domestic New Car Incentives For September
Posted in Automotive, Chrysler, Ford, GM on Sep 3rd, 2009
With cash for clunkers over, carmakers are hoping to continue the high sales they saw last month by offering some great incentives on their new cars and trucks. We’re going to break down the best incentives being offered in the month of September by American car companies. If you’re looking for a new car this […]
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