Tag Archives: general motors

Hummer officially sold to Chinese at a discount

Hummer officially sold to Chinese at a discount

General Motors and Sichuan Tengzhong Heavy Industrial Machinery has announced that the companies have entered into a definitive agreement that will allow Tengzhong to acquire GM’s premium HUMMER... 

GMC bare necessities green concept truck

GMC bare necessities green concept truck

General Motors says that they have learned a lot since the Chevrolet Volt electric concept was introduced a few years back. Paramount among these new revelations is that not all green vehicles are created... 

General Motors sells cars on eBay Motors

General Motors sells cars on eBay Motors

General Motors is now enabling consumers to ‘click and buy’ new cars, crossovers and trucks online from participating California Chevrolet, Buick, GMC and Pontiac dealers, all on eBay Motors.... 

2010 Chevy Silverado XFE achieves 22 mpg highway

2010 Chevy Silverado XFE achieves 22 mpg highway

For the 2009 model year, the GMC Sierra and Chevrolet Silverado XFE took their fuel economy figures up a notch by hitting 21 mpg on the highway and 15 mpg in the city. Apparently, for the 2010 model year,... 

Hummer sale to Chinese Tengzhong in jeopardy

Hummer sale to Chinese Tengzhong in jeopardy

Sichuan Tengzhong Heavy Industrial Machinery, the Chinese firm that has signed a tentative deal with bankrupt General Motors to buy out Hummer, is about to start talks with Chinese regulators to secure... 

Chinese Hummer buyer plans green models

Chinese Hummer buyer plans green models

Despite vague opposition by the Chinese government over Tengzhong’s bid to purchase Hummer from General Motors, the company is still working towards finalizing the sale by October this year. And... 

Saturn sold to Penske, Outlook and Vue saved

Saturn sold to Penske, Outlook and Vue saved

General Motors and Penske Automotive Group confirmed a deal under which Penske would acquire the Saturn brand. The deal would save more than 350 dealerships and 13,000 jobs at Saturn and its retailers... 

General Motors finds secret Hummer buyer

General Motors finds secret Hummer buyer

Bankrupt automaker General Motors announced that it now has a “memorandum of understanding” with a buyer for Hummer, its popular-yet-hated truck brand. This transaction is the part of GM’s... 

General Motors files for Chapter 11 bankruptcy

General Motors files for Chapter 11 bankruptcy

General Motors, the world’s largest automaker until recently, has officially filed for bankruptcy. As its fate was known for months, it finally happened as GM filed for Chapter 11 bankruptcy protection... 

General Motors to slash 1100 dealerships

General Motors to slash 1100 dealerships

General Motors issued a statement saying that, as part of their updated viability plan, they plan to reduce its dealer network from 5,969 stores today to approximately 3,600 by the end of 2010.  ...