Tuesday, July 21, 2009

GM: Three bids received for Germany's Opel

Frankfurt -- General Motors Corp. said Monday that it received three final offers from three companies for its Opel unit, but a decision was still yet to be taken. GM would not identify from whom it received bids, but a person familiar with the bidding...
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Magna plans factory at former Chrysler site

The Detroit NewsHighland Park -- The site of the former Chrysler Corp. headquarters could soon be revived with a new automotive components plant. Officials from Magna International Inc., North America's largest auto supplier, are scheduled to appear...
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Chrysler Fiat 500 Production At Warren Truck or Belvidere?

Chrysler Fiat is not giving up any information after Channel 4 Detroit announced that Fiat was considering building the Fiat 500 at the Warren Truck Assembly Plant. Which WTAP currently makes the Dodge Ram/Dakota and was slated to build the Rambox...
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Friday, July 17, 2009

U.S. House Passes Bill Making GM, Chrysler Rehire Car Dealers

By Brian Faler BloombergJuly 17 (Bloomberg) -- The U.S. House approved a plan, opposed by President Barack Obama, that seeks to force General Motors Co. and Chrysler Group LLC to restore agreements with dealerships shed during the automakers’ bankruptcy proceedings. The provision, part of a spending bill that passed 219 to 208 yesterday, would require...
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Wednesday, July 15, 2009

Meet the Dodge/Fiat 500

Here are some pics and stats of the super small car that is selling like crazy in Europe.The Fiat 500. Which would be rebadged to the Dodge 500 or maybe the Dodge Hornet???The diesel will average 67mpg according to the government test stats, the 1.2...
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Where Will the Fiat/Dodge 500 be Built?

The Local 4 Detroit TV News reported that Fiat is looking at producing the Fiat 500 at Warren,Michigan the Dodge Ram Truck Plant or Belvidere Ill. the Dodge Caliber plant. The Chrysler engineers have been studying the Tychy Poland plant were the Fiat...
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Friday, July 10, 2009

GM Is Back and So Is Bob Lutz!

Article from The APGM exits bankruptcy; CEO vows better performanceDETROIT – General Motors completed an unusually quick exit from bankruptcy protection on Friday with ambitions of making money and building cars people are eager to buy.Once the world's...
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Monday, July 6, 2009

GM Wins Approval to Sell Most Assets to U.S. Treasury

July 6 (Bloomberg) -- General Motors Corp. won approval to sell most of its assets to a U.S. Treasury-funded buyer, cementing the Obama administration’s efforts to remake the auto industry and leaving restructuring professionals with several years of...
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