Sweden Seeks Investment and Collaboration on Vehicle and Energy Storage Batteries
Jun 8, 2009
STOCKHOLM, June 8 -- Sweden hosts a world class automotive cluster with brands such as SAAB Automobile, Scania, Volvo Cars and Volvo Group, some 1,000 suppliers and ABB, a global leader in power and automation technology. Sweden now looks to expand its development of green energy infrastructure for plug-in hybrid and e ... Continue reading
Saab Managing Director Gives Post-GM Bankruptcy Update - VIDEO STORY
Jun 1, 2009
TROLLHATTAN, Sweden - June 1, 2009: As GM files for Chapter 11, Saab Automobile is just weeks away from concluding a deal with new investors to take the company forward. Managing Director Jan Åke Jonsson has confirmed they are talking to three investors, that they will reveal the identity of the final candidate in the ... Continue reading
General Motors' Board of Directors Statement
Jun 1, 2009
Attributable to Kent Kresa, Chairman DETROIT - June 1, 2009: âThe General Motors Board of Directors authorized the filing of a chapter 11 case with regret that this path proved necessary despite the best efforts of so many. Today marks a new beginning for General Motors. A court-supervised process and transfer of ... Continue reading
GMAC Financial Services Statement on General Motors Chapter 11 Filing
Jun 1, 2009
DETROIT, June 1 -- GMAC Financial Services is a creditor of General Motors Corp. (GM) and as such is taking the appropriate steps to protect GMAC's interests during GM's restructuring. GM has submitted a motion to the U.S. Bankruptcy Court that, pending approval, would allow its direct business with GMAC to continue in ... Continue reading
President Obama to Hold Media Briefing Prior to General Motors' BK Press Conference
May 31, 2009
WASHINGTON - May 31, 2009: According to a White House media advisory, President Obama will begin his remarks at approximately 11:55 a.m. EDT. General Motors Corp. President and CEO, Fritz Henderson, will host a press conference, beginning immediately following President Obama's media briefing. ... Continue reading
AP Reports That Monday is Definitely "B-Day" for General Motors
May 31, 2009
DETROIT - May 31, 2009: The Associated Press is reporting tonight that tomorrow morning, at 8AM EDT, the company that was once the world's largest, will file for bankruptcy protection. According to the story, GM plans to name turnaround executive Al Koch to serve as its chief restructuring officer through the protectio ... Continue reading
GM President and CEO Fritz Henderson to Hold Media Briefing Monday - Will This Be THE Announcement?
May 31, 2009
DETROIT - May 29, 2009: General Motors President and CEO Fritz Henderson will host a press conference on Monday, June 1. The conference will be around mid-day at the GM Building, 767 Fifth Avenue, in New York. Although no specific details regarding the briefing have been announced, given the fast and furious rumors of ... Continue reading
Kelley Blue Book's Kbb.Com Names Their Top 10 Road Trip Cars of 2009
May 21, 2009
Kbb.com Editors Offer Their Top New Car Choices for Road Trips in a Variety of Categories IRVINE, Calif., May 21 -- The Top 10 Road Trip Cars of 2009, www.kbb.com/roadtripcars2009, were named today by the expert editors from Kelley Blue Book, www.kbb.com, the leading provider of new car and used car information. Memori ... Continue reading
Geely says Saab, Volvo aren't cheap to buy
May 14, 2009
Geely says Saab, Volvo aren't cheap to buy http://autonews.gasgoo.com/auto-news/1010456/Geely-says-Saab-Volvo-aren -t-ch eap-to-buy.html Shanghai, May 14 (Gasgoo.com) Chinese automaker Geely Auto has denied it is bidding for General Motors' Saab brand or Ford Motor's Swedish unit Volvo. Amid growing speculation about i ... Continue reading
OnStar Enhances Location Information With Electronic Transmission Directly to 911
May 14, 2009
OnStar to electronically transmit precise longitude and latitude vehicle location data directly to 911 centers to increase the speed and accuracy of emergency response to its subscribers. Currently this information is relayed verbally by OnStar advisors to the Public Safety Answering Point (PSAP). OnStar, the industry ... Continue reading
OnStar Enhances Emergency Response with Microsoft Virtual Earth
May 14, 2009
Latest 3D technology brings emergency locations to life DETROIT May 13, 2009; OnStar builds on its reputation for trailblazing emergency services by tapping technology from Microsoft Corp. to provide OnStar advisors with critical 3D details to more accurately guide first responders to hard-to-find or rural locations. A ... Continue reading
GM and Chrysler To Cut 3000 U.S. Dealers
May 13, 2009
DETROIT May 13, 2009; Soyoung Kim and John Crawley writing for Reuters reportesd that General Motors Corp and Chrysler aim to drop as many as 3,000 U.S. dealers and are expected to begin sending notifications as early as Thursday, three people briefed on the still developing plans said. GM, facing a U.S. government-imp ... Continue reading
Geely has submitted a bid for GM's Saab: report
May 7, 2009
Geely has submitted a bid for GM's Saab: report http://autonews.gasgoo.com/auto-news/1010365/Geely-has-submitted-a-bid- for-G M-s-Saab-report.html Shanghai, May 7 (Gasgoo.com) Chinese carmaker Geely Automobile Holdings has submitted a bid to acquire GM's Saab unit, the Wall Street Journal reported Wednesday. Geely is o ... Continue reading
New 9-3X Storms UK Crossover Sector with Sub-£25k Entry Price
May 6, 2009
Competitive pricing has never been more topical, and the good news for Saab customers is the much-awaited new 9-3X has stormed the crossover sector with an entry price of just £24,995 for the 1.9TTiD model. ... Continue reading
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