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Cadillac to Replace DTS With XTS Model in 2012
Jul 02, 2009 - 11:51 AM - by Administrator

Cadillac's replacement for the top-level DTS sedan is to be called the XTS and will be built alongside several other GM products at the company's Oshawa, Canada plant. Production is expected to begin in December of 2011, making the DTS a 2012 model.

The XTS will be based on the company's Epsilon platform, which will also underpin the new Regal and the... [Read More]
0 Replies | 11 Views
Deal Reached On GM Dealer Claims
Jun 30, 2009 - 9:59 AM - by XLR I FL
Deal reached on GM dealer claims

But adds to taxpayers' cost of rescuing automaker

The Treasury Department said Monday it had reached a deal with General Motors and state attorneys general over the claims of hundreds of dealers being shut down by the Detroit automaker, with the goal of smoothing the way for a quick exit from bankruptcy.

The settlement was expected to add several billion dollars to the $60 billion cost of the bailout for taxpayers,... [Read More]
0 Replies | 30 Views
GM Forcing Last Cadillac Dealer in Detroit to Close
Jun 25, 2009 - 12:08 PM - by Administrator

Dalgleish Cadillac, the only remaining Cadillac dealer in the city of Detroit, is being forced into closure next year as a part of General Motors' restructuring plan. This isn't just sad because the dealership has been selling Caddy's in Detroit since 1954. And its symbolism extends beyond GM's current problems or even the company's 100 year history.

... [Read More]
2 Replies | 75 Views
Corvette Plant Will Stay Open
Jun 01, 2009 - 1:01 PM - by XLR I FL
By MIKE ALEXIEFF, The Daily News, malexieff@bgdailynews.com/783-3235
Monday, June 1, 2009 11:53 AM CDT

The General Motors Bowling Green Assembly Plant will not close, as the company announced the closure or long-term idling of 12 more plants.

GM Vice President Tim Lee in a conference call this morning called the Corvette “the iconic American sports car” and said that he and the company have
... [Read More]
0 Replies | 174 Views
General Motors Bankruptcy Official
Jun 01, 2009 - 8:30 AM - by Administrator

While President Obama and General Motors CEO Fritz Henderson are both expected to hold press conferences today, officially GM has already filed for Chapter 11 Bankruptcy Protection.

Once the world's largest automaker and a symbol of the success of free market economics, GM is now a symbol of failure. In the 1950s it employed over 500,000 people and... [Read More]
0 Replies | 106 Views
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