In its third week of bankruptcy, General Motors Corp. appears on track to emerge as a reconstituted company this summer ahead of the 60- to 90-day timeline previously promised.

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GM did not disclose how much Penske Automotive Group, which operates more than 300 franchised dealerships, paid for the brand and assets, such as Saturn's parts inventory and retail network. "Saturn has a passionate customer base and outstanding dealer network," Penske, chairman of the company, said in a statement. "For nearly 20 years Saturn has focused on treating the customer right. We share that philosophy, and we want to build on those strengths."

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For some time we here at TMN have been getting emails from owners of the S-197 Mustang GT/CS asking about production information, and other pertinent figures for their cars. Thanks to GT/CS owner and enthusiast Ron Davis of northern California there is a new place to interact and get information about the special cars.
The GT/CS Registry is a labor of love that Ron started out of his search for information on his car. He found early on that there was nowhere to find specific information or production numbers for the cars and it led to him creating one.

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GMC is known as the truck division of General Motors and with the Sierra in its model lineup, it doesn’t disappoint. After receiving a new design in 2007, the Sierra got a more aggressive and aerodynamic look and continues to provide enough power to haul just about anything with either the half-ton model or the Sierra HD. With an all-new two-mode hybrid thrown into the mix, the Silverado looks to take the best-selling crown away from its blue-oval competitor. The GMC Sierra comes with a five-year/100,000-mile powertrain and gets an estimated 19-20 mpg on the highway.

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The GMC Acadia is not only the first ever crossover from GM’s “Professional Grade” line of trucks, but it is also the company’s first front-wheel drive passenger vehicle. The Acadia comes standard with a direct-injected V-6 and is offered in either front- or four-wheel drive. With seating for up to seven passengers and a 4,500-pound maximum towing capacity, the Acadia is able to handle the duties of a full-size SUV, while providing the fuel efficiency similar to a smaller crossover. The GMC Acadia comes with a five-year/100,000-mile powertrain and gets an estimated 22-24 mpg on the highway.

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GM Daewoo show off the new Lacetti Diesel lately for Korean market. In-line as SUV car but this new model has a compact and midsize sedans plus a range of body styles. Powered by 2.0 liter TCDi or Turbocharger Common-Rail Direct Injection engine.

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General Motors Corp reported an 11% drop in global sales in 2008, allowing rival Toyota Motor Corp to surpass it as the world’s largest automaker for the first time.

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In a late night blog post, John Lauckner, GM’s Vice President of Global Program Management, has attempted to quash some of the rumors floating around the blogosphere that the Volt is delayed or even dead.

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Chrysler announced Wednesday that it is closing all of its North American manufacturing plants for at least a month, the starkest move taken by U.S. automakers as they anxiously await word about government loans.

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In 2001, General Motors needed a revival and Bob Lutz was anointed The One. It was widely accepted that if anyone could breathe life into a struggling car company, it was him.

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Tens of Billions of Dollars at Stake

The managers of America’s Big 3 automakers are no dummies, despite having been caught unprepared when the auto industry suddenly and violently shifted earlier this year.

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The General Motors (GM), established in 1908 is the worlds largest automobile company. The multinational company from the United States has offered secured jobs to millions of people around the world. The GM has its base in nearly 35 advanced countries and manufacture trucks and cars. The cars and trucks are sold under different brand names such as Buick, Cadillac, Chevrolet, GM Daewoo, Hummer, Opal, Pontiac, etc.

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General Motors and chief Chrysler stakeholder Cerberus are said to be holding preliminary talks about some sort of merger.

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Chrysler and General Motors are seriously considering merging operations. But, with massive layoffs expected, plants closings planned, and additional consolidation measures being weighed, should this merger be dead on arrival instead?

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