Posts Tagged ‘GM’

GM Chevrolet Cruze Coming On 12th October!

Posted on September 25th, 2009 by by admin

 GM Chevrolet will launch its assault at the upper midsize segment with the all new Cruze which is coming to the Indian market on 12th October.
The car will initially come with a 2.0 Litre common rail turbodiesel engine with 150 bhp of power and 330 nm of torque…. easily the most powerful engine in its class, [...]

GM Chevrolet Cruze Coming In October!

Posted on August 30th, 2009 by by admin

Recession may be the biggest news on the year around the world, but as far as Indian automobile market is concerned, there isnt any as far as new launches are concerned. This has been the year of car launches and we have seen some big launches in the past 7 months which includes, the Fiat [...]

GM Koenigsegg Sign Deal On Saab Sale

Posted on August 18th, 2009 by by admin

GM has reached a deal today to sell its money loosing sweedish subsidary Saab to Koenigsegg Group AB.
The companies have signed a stock purchase agreement which will give the sweedish maker of supercars, Koenigsegg, 100 percent of Saab’s shares, GM said in a statement.
“This contract is an important step in the journey to a potential [...]

Chevrolet Launches Special Edition Aveo

Posted on July 17th, 2009 by by admin

 General Motors India have launched a new loaded special edition version of its midsize saloon Aveo.
The new special edition Aveo will be available at the same price as the existing version  with a starting price of Rs 5.97 Lakhs.
Speaking at the launch General Motors India Vice President P Balendran said.
“The launch of the special edition [...]

Spied: New Chevrolet Beat (Spark) Undisguised Inside Out!

Posted on July 6th, 2009 by by admin

We have the spy pics of GM’s next big small car for the Indian market which may be called the Beat or probably retain Spark nomenclature right from Korea where it would be badged a Daewoo. These pics have been sent to us by our regular reader Satya… thanks!
When launched this would be one of the [...]

GM Chevrolet Launches Spark LPG

Posted on June 6th, 2009 by by admin

Amid fear of GM’s Indian operations going bust in the wake of parent GM filing for bankruptcy, putting up a brave face, the company has launched the LPG Variant of the Spark small car in the Indian market.
“We plan to continue to introduce the variance of the Spark that targets different groups of customers. This will [...]

America To China: GM Sells Hummer To A Chinese Company!

Posted on June 3rd, 2009 by by admin

As a part of its downsizing plans, GM has sold its Hummer brand to a chinese company. The company also revealed that it has buyers for its SAAB and Saturn brands.
According to a person briefed on the deal, GM has an agreement to sell Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China. The [...]

Fallen Giant: GM Files For Bankruptcy

Posted on June 1st, 2009 by by admin

General Motors filed for bankruptcy today, forcing the 100-year-old automaker once seen as a symbol of American economic might into a new and uncertain era of government ownership.
The filing is the third-largest in U.S. history and the largest-ever U.S. manufacturing bankruptcy.
The decision to push GM into a fast-track bankruptcy, and provide $30 billion of additional [...]

Production Version Of The New Chevrolet Spark (Beat) Unveiled!

Posted on March 5th, 2009 by by admin

General Motors have released the production ready version of its new global mini, the Spark.
Based on the beat concept, the production version retains almost all the major styling elements of the concept. The syling is edgy and very youthful inside out and emphasizes fun to drive and energy. Even the instrument pod is inspired from a [...]

Stop Press: $17.4 Billion Bail Out Plan Gets The Go-Ahead From Bush!

Posted on December 20th, 2008 by by admin

 
Image Courtesy: nytimes
Good news for the big three, two rather. President Bush has pledged $17.4 Billion in low interest loans for the troubled car makers, GM and Chrysler while Ford say they dont require relief at this time.
The Loan doesnt come with no string attached and depends largely on whether GM and Chrysler are deemed [...]