Saab's prospective owners used to life in the fast lane, building supercars for wealthy eliteJune 16th, 2009 Prospective Saab owners used to life in fast laneSTOCKHOLM — Until its surprise move to buy Saab from General Motors, luxury automaker Koenigsegg Automotive AB was known mainly to a privileged few who could afford to spend more than a $1 million on a high-speed, customized sports car. The company was founded in 1994 by Christian von Koenigsegg, a Swedish sports car fanatic and entrepreneur, who still is the chief executive.
GM to keep market share by expanding Buick, Chevrolet model lineup, top analyst saysJuly 22nd, 2009 GM plans to boost sales by expanding Buick, ChevyDETROIT — General Motors Co.'s top sales analyst says he is confident the company can make up the sales it will lose when it sheds four of its eight U.S. brands. GM's executive director of industry analysis, Mike DiGiovanni, said Wednesday the automaker expects to capture buyers from the four brands by expanding the Chevrolet and Buick model lineups.
Summary box: Gm to offer refunds to win back consumersSeptember 10th, 2009 Summary box: GM to offer refundsTHE CAMPAIGN: Starting Monday, General Motors Corp. will offer new car buyers the chance to return their cars within 60 days of purchase, no questions asked.
General Motors to stop making Pontiac Vibe at California plant it shares with ToyotaJune 18th, 2009 GM to end Pontiac Vibe production at Calif. plantDETROIT — The Vibe is the latest Pontiac model to be officially killed by General Motors Corp.
After Arkansas children die, safety group asks GM to recall older cars for trunk releaseJune 20th, 2009 Safety group asks GM for trunk-latch recallLITTLE ROCK, Ark. — A safety foundation asked General Motors Corp.
GM to start marketing campaign by offering pitched by new chairmanSeptember 10th, 2009 General Motors to offer money-back guaranteeGeneral Motors is hoping to jump-start its revival by guaranteeing car buyers that if they don't like their new Chevrolet, GMC, Buick or Cadillac, they have 60 days to bring it back for a full refund. The marketing effort that starts Monday is called "May the Best Car Win" and aims to win back customers leery of GM since it filed for bankruptcy protection earlier this year.
JD Power study says Detroit automakers improve quality but foreign competitors remain on topJune 22nd, 2009 Study: Detroit lifts quality but Toyota still kingNEW YORK — Ford, General Motors and Chrysler have made strides in new vehicle quality over the last year, but they still lag behind their foreign competitors, according to a closely watched study released Monday by J.D. Power and Associates.
General Motors launches new Chevrolet CaptivaJanuary 22nd, 2009 NEW DELHI - Auto major General Motors India (GM) Friday launched the automatic version of its Chevrolet Captiva sports utility vehicle (SUV), priced at Rs.2.03 million (ex-showroom Delhi). The SUV that was first launched in 2008 comes with a common rail diesel powertrain.
Toyota global output, sales down in first half of 2009 due to slowdown, but beats GMJuly 28th, 2009 Toyota global output, sales slide in January-JuneTOKYO — Toyota's global sales fell 26 percent in the first half of this year as the recession hit auto demand, but troubles at U.S. rival General Motors saw the Japanese automaker retain its world No.
Russian automaker to get GM technology in Opel deal; may use to compete with GM's ChevroletSeptember 17th, 2009 Russian automaker to get GM technology from OpelDETROIT — Last week's deal for General Motors to give up control of its money-losing Opel unit has a big downside: If the deal goes through, Russian automaker GAZ will get its hands on GM technology. Worse yet, GAZ, with cars that are light years behind most global automakers in quality as well as engines, transmissions and other technology, is likely to use what it gets from GM to compete against the Detroit automaker's Chevrolet brand in Russia.
General Motors launches LPG run Chevrolet Spark in MumbaiJune 10th, 2009 MUMBAI - General Motors India launched the Liquefied Petroleum Gas (LPG) version of its popular small car Chevrolet Spark here on Tuesday. The LPG version is GM India's first clean-burning liquefied natural gas car in India, built at company's plant at Talegaon in Maharashtra.
Nortel to shut down, sells wireless business to NokiaJune 20th, 2009 TORONTO - Toronto-headquartered Nortel, which is under bankruptcy protection in both the US and Canada, has announced that it will liquidate itself. In a statement issued Friday, the 127-year-old Canadian telecom equipment giant said it has entered into a deal with Nokia Siemens to sell its wireless business for $650 million.
GM says plug-in hybrid coming by early 2011 even if Saturn brand goes awayMay 6th, 2009 GM promises plug-in hybrid by early 2011DETROIT — General Motors' new product development chief says it will have a plug-in hybrid sport utility vehicle ready for fleet testing in early 2011. The SUV was supposed to be a Saturn Vue Green Line, but GM has announced it will sell or phase out Saturn by the end of this year.
Toyota weighing liquidation for Nummi stake after GM pulls out of joint ventureJuly 11th, 2009 Toyota considering dissolving Nummi joint ventureNEW YORK — Toyota Motor Co. says it is considering dissolving its stake in a California manufacturing plant after General Motors Corp.
Mitsubishi unveils $47,000 zero-emissions electric car, eyes global expansionJune 5th, 2009 Mitsubishi unveils $47,000 electric carTOKYO — Mitsubishi Motors Corp.'s electric vehicle is twice as expensive as popular hybrid cars by rivals Toyota and Honda, but Japan's No. 4 automaker said Friday the i-MiEV will help it survive increasingly intense global competition.
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