Filed under: Plants/Manufacturing , GM , Earnings/Financials After Merrill Lynch hinted bankruptcy concerns yesterday, and other Wall Street analysts spread additional gloom, shares of General Motors dropped $1.77 to close at $9.98 -- GM's lowest close in more than 50 years. While GM stock on Tuesday...

Filed under: In the Autoblog Garage , Podcasts , Plants/Manufacturing , Acura , GM , Honda Here it is in all its glory, Episode #100 of the Autoblog Podcast. We've finally made it. There's a new graphic, a big group of five people all talking on top of each other, and new music. Stay tuned, as...

Filed under: Concept Cars , Economy , Hatchbacks , Chevrolet , GM Click image for a high res gallery of the Beat GM knows it needs an economical, mass-market, mass-appeal small car -- badly. Yes, it has the Aveo, but it's underwhelming in all respects, and sure, it's currently pimping the Cobalt...

Filed under: Sedans/Saloons , Hatchbacks , GM , Misc. Auto Shows , Opel , Vauxhall Click above for a high-res gallery of the Opel Insignia. GM's European branch is planning a big debut later this month at the British Motor Show in London for one of its most important mainstream models. The new Insignia...

var digg_url = 'http://digg.com/autos/5_Reasons_Why_We_re_Not_Proud_To_Buy_American_Cars'; We just read Car & Driver's recent salute to five vehicles demonstrating all that's right and good with American car companies. Although they're right to be pointing out five great products...

Despite a report from KickingTires.com two months ago that "El Camino" was officially out as a name for the new ute from Pontiac , we're now being told by Pontiac spokesman Jim Hopson the name is still very much in the mix. What reason there may have been for this change? Unknown. But all...

Starting with the 2009 model year, Saab will no longer allow GM employees to purchase the 9-3 at a discount, citing current exchange rates that make the 7% price cut economically unsound. Saab sold about 23,000 9-3s last year, and the company claims approximately 1,500 of those were employee sales —...

GM stock is down over 14% today to a price of about ten bucks a share — lowest point in decades. Why? Well, according to the research-boys at Merrill Lynch, GM's got $27 billion in cash on hand and the automaker needs $10 billion to run the business on a day-to-day basis. To deal with the shortfalls...

Filed under: Sports/GTs , Japan , Bentley , Chevrolet , GM , Special/Limited Editions Click above image for a gallery of the Corvette S-Limited In celebration of GM's 100th Anniversary, GM Asia-Pacific has unveiled the Corvette S-Limited, a 30-car special for the Japanese market. priced at ¥7...

Everybody knew it was coming , but the extent of the disintegration of the US automotive market came clearly into view today as automakers reported their sales figures for June. During a month when the national average price of gasoline topped an average of four bucks, what does one expect? Well —...