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GM begins construction of $250 mln R&D center in Shanghai

GM on Tuesday began the construction of a new $250 million corporate campus in Shanghai, which includes a research and development center that will focus on study of alternative fuels.

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Shanghai GM to recall 511 Cadillac Escalade cars

Shanghai GM, the joint venture between Shanghai Auto and General Motors, said it will recall 511 Cadillac Escalade due to defect in windshield washer fluid heater system, said xinhuanet.com yesterday.

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GM To Make Chevy Cruze Investing 500M In Small Cars

GM is going to build Chevy Cruze and will invest 500 million U.S. dollars in small car production shifting slowly from big SUVs tosmall cars due to higher and rising fuel costs. Chevy Cruize will get its official debut at the Paris Motor Show in October and will be available globally starting in Europe next March.

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Merrill Analyst Says Buy GM at $40 and Sell It At $11

A Merrill Lynch analyst put out some groundbreaking research on GM this morning claiming that bankruptcy was an option for the auto company. He reversed his prior buy recommendation (issued in February 2007 when the stock was at $40) and cut the stock to an "underperform" now that it is trading below $11.

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GM recalls 207,000 Pontiacs and Buicks due to fire risk

General Motors Corp. is warning the owners of 207,542 Buick Regal and Pontiac Grand Prix sedans not to park them in garages because they can catch fire.The Detroit automaker said Friday it is recalling the 1997-2003 Buick Regal GS and Grand Prix GTP models with 3.8-liter supercharged V-6 engines.

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GM Announces 180,000 Chevrolet HHR Recall

General Motors has announced the recall of 181,516 units of the HHR model due to a head injury risk. The problem occurs only with vehicles not equipped with the optional head curtain side air bags.

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General Motors, UAW Reach Agreement on Employee Buy Out

General Motors Corp. (NYSE: GM) and the United Auto Workers (UAW) union have reached an agreement on a comprehensive special attrition program that will be offered to all of GM's 74,000 UAW-represented employees.

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GM To Showcase Chevy Tahoe Hybrid

US based automaker General Motors has now displayed their hybrid pickups, including Chevy Tahoe Hybrid. America's first full-size two-mode hybrid SUV is coming early 2008.

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GM to launch Chevrolet Malibu hybrid in China on next week

Shanghai. January 14 (Gasgoo.com) - General Motors will launch Chinese made Chevrolet Malibu hybrid in China on January 22. This will be the first hybrid vehicle that GM is going to offer in the market, said a GM official.

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Shanghai GM to launch Buick LaCrosse hybrid prior to Olympic Games

Shanghai. December 17 (Gasgoo.com) – Shanghai GM will launch its Buick LaCrosse hybrid vehicle in Chinese market prior to the Beijing Olympic Games next year, Xinhua News Agency reported.

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UAW Chrysler Strike Deadline Nears

UAW Likely To Ratify GM Contract; Chrysler Strike Deadline Nears

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Opel Corsa GSi: Synonym for Sportiness Since 1987

Opel’s ‘GSi’ title has a tradition dating back to 1984, when a 115 hp Kadett E first bore the three letters. Thanks to extraordinary aerodynamics, this car could top 200 km/h. Its success prompted Opel to include a sporty high-performance GSi variant in the Corsa range, beginning in 1987. The continuing motto through Corsa GSi models has been ‘more substance than show’ – their sportiness is radiated subtly, rather than aggressively and uncompromisingly.

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