GM considers selling brands to win US aid

GM is mulling whether to shed its Pontiac, Saab and Saturn brands, as well as its Hummer brand, as part of a plan to win $12 billion of U.S. government loans, Bloomberg News said on Wednesday, citing people familiar with the matter. GM was not immediately available for comment. Federal lawmakers last week rejected pleas [...]

Dodge EV hits the streets

While a lot of the legwork was done for them by Lotus, we still have to give Chrysler a little credit for getting an electric vehicle prototype on the road so quickly. When we first saw the Dodge EV a couple of months ago, it looked like it was ready to roll, with a Tesla-like [...]

Lutz updates us on the Volt

It’s been a historic week for us, and I don’t mean in Washington. And let me just say upfront that I know there is a lot of talk online about that subject. But I am not going to comment here about any government loans or hearings or GM’s financial situation — just like I wouldn’t [...]

ENVI shows up at LA Auto Show

Chrysler LLC’s three advanced production-intent electric vehicle prototype vehicles are headed to California, where they will make their worldwide auto show debut at the 2008 Los Angeles Auto Show. The vehicles — the Dodge EV, Jeep(R) EV and Chrysler EV — will be on display during press days (Nov. 19-20), and throughout the show’s public [...]

What would you propose to congress on December 2nd?

Congress has asked the CEOs of the Detroit 3 automakers for a more detailed plan on December 2nd.  My question is simple: if you were in charge of GM, what changes would you make to show congress that a loan to GM won’t be wasted?  Post your restructuring plan as a comment.

GM cuts factory output, bailout on hold until next month

Detroit automakers began work on the turnaround plans demanded by Congress in return for a possible $25 billion rescue as General Motors Corp said it will cut production more deeply and drop two of its controversial corporate jets. Pushed to the brink of failure by a plunge in auto sales, GM said on Friday it [...]

Chrysler EVs make their way around SoCal

Bailout fails, automakers may still get aid

The Bush administration dropped its opposition to using the $700 billion bank bailout fund to provide financing for U.S. automakers after the Senate yesterday failed to approve emergency loans. The administration’s willingness to give short-term help to General Motors Corp. and Chrysler LLC eased the concern of at least some investors that the companies will [...]

Nardelli’s planned congressional testimony

Mr. Chairman, members of the Committee, I appreciate this opportunity to address the current economic and financial crisis, the impact it is having on the automotive industry, and the need for immediate action. During the 15 months I’ve been part of Chrysler, and since we’ve emerged as the first privately held American auto company in [...]

Volt Interior Finalized

Looks like the guys at Chevy weren’t quite done with the interior when they unveiled the Volt a couple months ago.  The new interior has a few more colors and tries to make it easier to use.