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Filed under: Car Buying , Marketing/Advertising , Buick , Cadillac , Chevrolet , GM , GMC , HUMMER , Saab , Saturn It is no secret that the automotive industry is hurting for sales to close out 2008. Over the past few months incentives have been thrown out left and right to draw in more buyers. The deals...
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Russian billionaire Oleg Deripaska, owner of Moscow-based Russian Machines, is in the hunt for the Hummer brand, according to Russian business magazine Vedomosti. Should Deripaska end up the high bidder, GM is going to have to take the paperwork to him: He's been barred by the US State Department...
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Filed under: Plants/Manufacturing , GM , HUMMER , Saab General Motors CEO, Rick Wagoner, mentioned in passing that several parties have expressed interest in purchasing HUMMER and that GM is moving as quickly as possible to seal the deal. "We have some interested buyers," Wagoner told reports...
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Filed under: Concept Cars , Economy , Sedans/Saloons , Plants/Manufacturing , Crossovers/CUVs , Chevrolet , GM , GMC , HUMMER , Pontiac , Saturn , Opel , Vauxhall General Motor's car czar, Bob Lutz, sat down with the little people of the blogosphere after GM's announcement that it would be reducing...
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Filed under: SUVs , Trucks/Pickups , GM , HUMMER It's no secret that GM is looking to sell or kill its once valuable HUMMER brand , but the big question now is whether the General will do the same with other brands. Unfortunately for GM, there isn't much to be gained from either killing or selling...
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According to the WSJ , GM's early-August board meeting is likely to result in layoffs affecting both blue- and white-collar workforces. They're also reporting GM is seriously exploring sloughing off another brand, either by outright closure or by placing it up for sale, a-la Hummer's "strategic...
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Hummer sold 59.3% fewer vehicles in June this year than it did in June 2007, further fueling questions about the brand's viability . GM's overall sales are down 18.5% for June and 16.5% for the first half of 2008. There's some light at the end of the tunnel though: Malibu and Cobalt sales...
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It seems that the HX won't be the only Hummer vehicle featured in Transformers 2 . At the Cinema Expo International 2008 in Amsterdam, GM shelled out some bucks for a big platform that includes the H3 logo, the Transformers logo and dual black H3's to go along with it all. If you recall, Ratchet...
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With sales in the toilet, GM plans to offer 0% financing for up to 72 months starting tomorrow and running through next Monday. The special Hail Mary offer will be valid on approximately 80% of the automaker's unsold inventory, and is a last-ditch effort to show at least passable June sales. And...
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Filed under: Car Buying , Buick , Cadillac , Chevrolet , GM , GMC , Pontiac , Saturn During a dealer teleconference today, General Motors announced it would be launching a zero-percent financing sale beginning tomorrow, while simultaneously raising the prices of its 2009 vehicles. The "72-hour sale"...
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