GM resurrects from bankruptcy

A new GM is here!! New GM emerges from bankruptcy today as a smaller company with fewer brands and owned by the US government. Lighter, smaller, quicker and more responsive to customer needs - that's the feature of the new GM.

The new GM will be majority owned by the US government with a 60.8 percent stake. The Canadian government will also own an 11.7 percent share of the new company. The US Treasury will have committed some 50 billion dollars to GM by year's end. The remaining share of the now private company will be held by the UAW (17.5 percent) and bondholders who previously held GM debt will get 10 percent of the new GM.

Central to the new GM manifesto is an openness to customer input, a new buying structure that allows eBay-like purchasing, including 'but it now' pricing, and a focus on continuing to turn out new products that are their own best argument for buying GM.

"Customers will be able to bid on actual vehicles just like they do in an eBay auction, including the option of choosing a predetermined 'buy it now' price," Henderson said of the as-yet-unannounced plan to partner with eBay for sales.

GM's transformation into its newer, lighter self isn't yet complete, however. Downsizing will continue through 2011 at least, with a reduction of 13 plants to just 34 in operation by the end of 2010, and a cut in U.S. jobs from the 91,000 GM had at the end of 2008 to around 64,000 by the end of 2009.

Since the US government now owns GM, Congress can act to exert control, and a majority of House members have voted for a bill that blocks the closing of GM and Chrysler dealerships in order to help save jobs. But GM needs to close the 1,300 dealerships it had planned to in order to trim its operations and become a viable company once again.

Opening more communications channels, including direct employee interaction with customers, is also a core element of GM's plan to help bridge the 'perception gap' between its products and what people think when they hear the GM name. Fritz Henderson will lead the charge, launching his own blog and ramping up use of social media tools like Twitter.

"In August, we'll begin regular visits with customers, dealers, suppliers, employees and others - in the U.S. and abroad - who impact our relationships with customers. We'll be listening to their ideas, and acting on the ones that will improve our ability to serve our customers better," said Henderson. "And of course, other executives and I will continue to reach out to customers through our ongoing web and Twitter chats."

The President of GM North America, Troy Clarke, said, "This is a new General Motors, which is going to be focused on fewer brands, fewer entries...We'll ask for people to please give us that one look. Give us that one consideration and we won't disappoint you."

It's still long way to go for the new GM to really recover from bankruptcy and rebuilt reputation. What's your point?

Spy shots: Cruze-based Buick compact sedan

General Motors is still more than a year away from launching the Chevrolet Cruze sedan in North America. But now Buick is preparing to unveil a new entry-level model which is based on the GM’s FWD Delta II platform that underpins the Chevrolet Cruze. The upcoming Buick compact sedan will likely be offered as a global model like the Cruze.

In terms of styling, the baby Buick will feature traditional Buick design cues, such as a waterfall grille, and with these latest spy shots we get a first opportunity to see the interior for the first time. The Buick compact sedan also shares much in common with the 2010 Opel Astra, a model that also shares the same platform, which means there’s a chance it could be produced at Russelsheim plant in Germany.

U.S. versions are likely to be built at GM’s Lordstown plant in Ohio alongside the Cruze. The new model will almost certainly be offered in China as well, considering that is Buick’s biggest market.

Engine options should mirror that of the Cruze, which means a range of compact four-cylinder units in both naturally-aspirated and turbocharged forms, with both petrol and diesel options.

The other benefit of the Delta II platform is the possibility of a plug-in hybrid version using Volt technology, although GM is more likely to use other brands such as Cadillac to expand its plug-in hybrid range.

The new sedan will be launched until sometime in 2012, possibly as a 2013 model.

2010 Buick LaCrosse adds new Ecotec 2.4L direct-injection four-cylinder engine

The powertrain lineup of the 2010 Buick LaCrosse already includes the 3.0L and 3.6L V6s as previously revealed, now Buick has announced they will be adding the fuel efficient 2.4-liter four-cylinder Ecotec engine to the upcoming 2010 LaCrosse.

To get a balanced mix of fuel efficiency and performance, the direct-injected 2.4-liter Ecotec boasts 182 horsepower (136 kW) and 172 lb-ft (233 Nm) of torque. More importantly, the engine is expected to return 20 mpg city and 30 mpg highway. For comparison, the LaCrosse's 255 hp 3.0-liter V6 and 280 hp 3.6-liter V6 average an estimated 17 mpg city and 27 mpg highway.

All the three engines available in the LaCrosse lineup will feature direct injection technology. “Direct injection is a key component of GM’s ongoing strategy to use advanced propulsion technology to help us deliver more fuel-efficient cars today and in the future,” said Tom Stephens, vice chairman, Global Product Development. “GM is using multiple technology pathways to achieve increased efficiency and to diversify energy sources – and we’re applying them where they make the most sense for customers when it comes to efficiency, performance and cost.”

The LaCrosse main competitors, the Lincoln MKZ and Acura TL are not available with four cylinder engines. So Buick expects it has an advantage even before the street-level comparisons begin.

The 2.4-liter Buick LaCrosse will be offered "later this year" with a base price slightly below the 3.0-liter LaCrosse of $27,085.

Saab 9-4X coming by 2010

Saab’s split from General Motors and pending sale to supercar company Koenigsegg will apparently have no major affect on the Swedish automaker’s future model launches, such as that of the upcoming 9-4X crossover.

According to GM's executive director of product and marketing for Cadillac, Hummer and Saab, Steve Shannon, the 2011 Saab 9-4X crossover will launch next yea. Speaking with Automotive News, Shannon explained that the 9-4X will be positioned as the replacement for the poor selling 9-7X. The 9-4X will be similar in size to BMW’s X5 but pricing should be closer to that of the X3 and Volvo XC60 – two of the Saab crossover’s prime targets.

The new crossover will share much in common with the recently-revealed Cadillac SRX and is to be manufactured by GM at the same Ramos Arizpe facility in Mexico as the Cadillac later this year.

These spy photos of the 9-4X testing in Europe show an almost completely undisguised look of the new crossover. No specific details have been offered. But it’s reported that the 9-4X will run a 284hp (209kW) petrol V6 engine mated to a six-speed automatic gearbox. It will also get 18in alloys shod with 255mm tires and a Haldex-sourced AWD system with an electronic differential. A diesel version is expected to be offered in Europe, developing 185kW and 550Nm of torque.

While development work on the 9-4X appears to be almost complete, Saab will be introducing two models before the arrival of the new crossover - the smaller 9-3X crossover and the all-important 2010 9-5.

Two-mode Chevrolet Equinox hybrid coming in 2011

Before the economic downturn, General Motors had some major plans for its Saturn brand including the launch of a two-mode hybrid Vue and eventually a plug-in hybrid version. Although the development has been completed for both cars and production has already been set to start last November, declining sales and an inevitable bankruptcy forced GM to readjust its plans.

The biggest change is the sale of the Saturn brand to the Penske Automotive Group, the owner of the second largest dealership in the US. As for the hybrid vehicles, GM has already confirmed that the technology for the Vue plug-in hybrid will be retained and used in other brands, and now the automaker has revealed to AutoblogGreen that the Vue two-mode hybrid has been cancelled.

Instead, GM will use the FWD two-mode system for its Chevrolet Equinox crossover, which should arrive on the market in petrol-electric configuration in 2011. The system in the Vue was to use a 3.6L V6 engine mated to the two-mode hybrid drive system. Since the Equinox uses a different 3.0L V6 engine, GM will need additional time to redesign the system.

The two-mode system utilizes an Electrically Variable Transmission (EVT) that GM developed together with Mercedes-Benz and BMW and currently uses in the Chevrolet Tahoe and Silverado, as well as the GMC Sierra and Denali, and Cadillac Escalade hybrid vehicles.

Chinese-built Chevrolet Spark, Aveo and Lova could hit U.S. showrooms by 2011

Finding ways to get cars to market with less expense and more profitability is the name of the game. General Motors is going to build more and more cars overseas as part of its restructuring plans, and that China was one of the first places they'd look.

As reported, General Motors is considering bringing its low-cost, high-volume vehicles from China to the U.S. in order to bolster its sales in the segment. Currently, the carmaker is looking to sell around 17,300 Chinese-made vehicles in the U.S. by 2011 and over 50,000 units by 2014. Until now, however, it was uncertain just what type of vehicles the carmaker would be bringing to local showrooms.

Speaking with the Detroit Free Press, a senior Global Insight market analyst in Shanghai predicted that GM would likely bring Chinese-built versions of the Chevrolet Spark and next-generation Aveo, as well as another small car called the Lova. Under such a plan, the cars would be produced by GM’s partners in China, Shanghai Auto Industry Corporation (SAIC) and Liuzhou Wuling Auto.

While the predictions about these cars comes from a reputed market intelligence company, other analysts are not quite so sure about GM's overall plans to import cars from China, however. One analyst from a Shanghai based company stated that GM's "export aspirations are a marketing tactic, not a real solid opportunity", but that they were "certainly a possibility in the future."

Furthermore, the news has angered local unions which believe that taking government support but then outsourcing jobs to China is an underhanded move. However, remaining competitive is GM's ultimate long term goal, and should it pursue Chinese imports then it will likely be the first major carmaker in the U.S to do so.

Along with the rise in Chinese-made vehicles for U.S. sale, Mexican-made cars and trucks would increase significantly as well, from the current 317,000 to 501,000 by 2014, while cars made in South Korea for the American market would increase almost five-fold from 36,000 to 157,000 by 2014.

2010 Opel Astra Revealed: Debut at this September’s Frankfurt Motor Show, Sales Start this Fall

Opel has reveal the 2010 Opel (Vauxhall) Astra with high-res photos and a few key details. The car will make its official world debut at this September’s Frankfurt Motor Show, before arriving in European showrooms by the end of the year.

The new Astra is crucial for Opel as it will need to recover market share lost by the current model to Ford’s strong-selling Focus hatch as well as fend off the Fiesta compact. Depending on the market, the new Astra will go on sale in Europe this fall. And whether the Astra will make it across the Atlantic and arrive in one form or another in U.S. showrooms due to the instability in GM's current situation and of course, the pending sale of the American automaker's stake in the Opel / Vauxhall brands.

This is the sixth generation of the Astra, which comes almost 30 years after the launch of the original, and its styling was led by Mark Adams, the British designer responsible for Opel’s award-winning Insignia. Clearly influenced by the Insignia, the new Astra has spent over 600 hours in the wind tunnel, benefiting performance, economy and overall refinement.

Beneath the car’s pretty sheet metal is a 4.4 metre-length body and an updated GM Delta platform with a 71 millimetre-longer wheelbase. Wider tracks front and rear feature, as does a new rear axle design, which not only improves stability and agility but improves ride and comfort as well. Enhancing ride quality further is the addition of Opel’s FlexRide adjustable damper settings, which allows drivers to select between standard, sport and tour suspension modes. Another special feature is adaptive bi-xenon headlights.

The highlight of the new Astra’s powertrain line-up is the introduction of an all-new, 138hp (103kW) turbocharged 1.4L petrol unit, which builds on Opel’s commitment to engine downsizing and reduced emissions and fuel consumption. This engine joins three further petrol engines, which range from 98hp (74kW) to 178hp (132kW), and four diesel engines ranging from 94hp (70kW) to 158hp (118kW). All engines are Euro 5 compliant.

Opel is also expected to launch a new two-mode hybrid version although it won’t arrive until the end of 2010. Opel's own brand difficulties, including a partial sell-off of GM's interest, could slow development down, however.

The Astra is based around the latest version of GM’s Delta FWD compact platform and will once again be available in coupe, three and five-door hatchbacks and wagon, as well as a sedan in select markets. Since the Delta platform is shared with the Chevrolet Cruze, which will be built at GM’s Lordstown Ohio plant, there’s the possibility that an Astra under one of GM's other brand banners, such as Buick - could also be manufactured in North America to keep costs low. There’s yet to be any official confirmation, however.

GM’s financial troubles won’t impede Chevrolet Volt development

The much anticipated Chevrolet Volt, the car pegged with rescuing GM from impending financial doom, is about to start the next phase of testing despite threats of bankruptcy looming on the horizon. Development work on the Volt is continuing uninterrupted and the first fleet of prototypes with actual Volt bodies and interiors will begin testing by the middle of the year. Until now GM had been using Chevrolet Cruze bodies to test the upcoming Volt powertrain.

At the moment, the car is slated to hit dealerships in late 2010 and this goal appears to be on track. "At this point in time, I know of no reason why we can't be in production by November of 2010," GM product development chief Tom Stephens told Automotive News.

Something that has been delayed, however, is which of the three other surviving GM brands - Cadillac, Buick or GMC - would get a vehicle with the Volt's hybrid powertrain. The most likely option will be Cadillac, which reportedly is planning to produce a version of its Converj plug-in hybrid concept.

GM is also working on the second-generation Volt already, displaying the high hopes that upper management is pinning on the car.

Meanwhile, making the Volt as efficient as possible is of key concern to GM - this means examining every aspect of the car for any points where energy consumption can be reduced. Following this tack, GM is even putting a more frugal stereo in the car to make the Volt's electric-only range as high as possible, among other things.

Along with its current financial troubles, another thorn in the side of GM lies in the expected take-up rate on the Volt, and whether consumers will embrace it as much as upper management is hoping. One of the key concerns in this area is the infrastructure needed for the Volt, such as charging points. Incentives such as free parking in certain places may be put in place to entice customers more readily to the Volt.

Conversely, concerns about infrastructure far outweigh any concerns about the effect on the electrical grid - in fact, the largest problem for the Volt lies in the lack of charging facilities in urban areas where the Volt is most likely to be used. Whatever solution GM comes up for this, it'll have to come quick if the Volt is to be as big a success as they are hoping.

Opel planning electric city car based on 2004 Trixx concept

GM first unveiled the Trixx concept in 2004 as a city-micro car similar, for example, to the Toyota iQ. Now, Despite its financial woes on the back of General Motors’ money troubles, Opel is still working on developing its own new models and technologies, including what could prove to be the European division’s first all-electric vehicle. While it’s long been anticipated that Opel would follow sister brand Chevrolet's footsteps in terms of how it will launch its new electric range, this is only partly true.

While Chevrolet's Volt will be coming to Europe under the guise of the Ampera plug-in hybrid, Opel is reportedly working on a new car that would do away with the range-extending petrol engine - making it purely electric.

As a city car, it would be significantly smaller than the Volt, however, reports surrounding it suggest that there will still be enough room for four people and their luggage. According to AutoExpress, the new electric city car will be based on 2004’s Opel Trixx Concept and borrow battery technology from its Ampera big brother.

Without the petrol range-extender, the Trixx is likely to have a driving range of only around 90 miles, but as it would be billed as a city car this isn't likely to present too much of a problem. What will prove to be a problem, however, is the price of the battery packs. At current prices, putting a cell in the Trixx would cost around $12,000 alone - making the car a relatively expensive proposition as a city car.

Opel is yet to confirm its production but if given the green light we should see the compact electric car on the market by 2012.

Cadillac to replace BLS with global model based on Epsilon II platform

Cadillac knows its future lies in small cars, especially if it wants to be considered a global player, but GM’s financial woes means the company has had to pare back some of its more ambitious plans. In the latest viability plan, GM CEO Fritz Henderson revealed that Cadillac would have to scale back on its European expansion plans, while development of new diesel models plus a RWD 3-series rival have been put on hold. Instead, the GM luxury division will focus on its performance in existing markets, including North America, parts of Asia, Eastern Europe and the Middle East, as well as the development of a sub-CTS model based now on the FWD Epsilon II platform.

Epsilon II is a global platform, which underpins cars like the upcoming 2010 Buick LaCrosse and Opel Insignia, and according to MotorTrend it will also be used for a replacement for Cadillac’s poor selling BLS. Codenamed GM 166, the new car will be available in both FWD and AWD and will be priced somewhere between the LaCrosse and CTS. Expect pricing to fall around the $34,000-$35,000 mark, pitting as a prime target for the Lexus ES 350.

This sub-CTS model is expected to be Cadillac’s highest volume model but it won’t be just another BLS. Instead, the car has been described as a brand new global model with “dedicated architecture and content.”

According to the source, GM 166 will be bigger than its LaCrosse and Insignia cousins and will arrive sometime in 2011. The bad news is that the much-hyped 3-series rival, rumored to be based on a brand new RWD platform called Alpha, is most likely dead.

Source from: motorauthority.com/

Corvette Grand Sport is back

The Grand Sport name last appeared on the Corvette in 1996, commemorating the end of the C4 era. Only 1,000 copies were built, all painted Admiral Blue. It also pays homage to five hand-built racing Corvettes from 1963 ordered up by chief engineer Zora Arkus-Duntov .Now, the Corvette Grand Sport is back!!

Set to roll in later this year as a 2010 model in both coupe and convertible bodystyles, the new Grand Sport combines the standard Corvette LS3-based powertrain with widebody styling and a race-bred suspension, and gives Corvette fans a new performance option between the standard model and sexy Z06.

The Grand Sport replaces the Corvette's previous Z51 package and brings a greater degree of handling performance, with wider wheels and tires, revised shocks, new stabilizer bar and spring specifications and new gearing. The equipment enables cornering capability of up to 1.0g, as well as a 0.2-second improvement in 0-60mph acceleration versus the standard LS3-powered models.

The engine’s output has been kept at 430hp (321kW) and 424lb-ft (575Nm) of torque, however, an optional two-mode exhaust system boosts output to 436hp (325kW) and 428lb-ft (580Nm).

Grand Sport coupe models equipped with the manual transmission are outfitted for race track competition, too, with a dry-sump oiling system, differential cooler and a rear-mounted battery. The manual transmission also comes with specific gear ratios, while automatic models get a modified rear axle ratio.

Specific modifications for the Grand Sport coupe and convertible include wider front and rear fenders with unique badging, a Z06-style front splitter and rear spoiler, new brake ducts, unique 18in wheels with 275mm tires up front and 19in units shod with 325mm rubber in the rear, Z06-spec brakes include 355mm rotors with six-piston calipers up front and 340mm rear rotors with four-piston calipers.

All of the Corvette's exterior colors are offered on the Grand Sport and an available ‘Heritage’ package adds iconic front fender hash marks offered in four colors, as well as two-tone seats with Grand Sport embroidery.

Buick Business MPV concept makes debut in Shanghai Auto Show

Buick has been positively welcomed in China as a rival to Lexus and other established luxury brands. And at the 2009 Shanghai Auto Show, Buick release its amazing Buick Business MPV concept, which was intended to target China’s upper class. Unlike the handsome Buick Riviera Concept we saw at Shanghai a couple of years ago that was built in collaboration with GM's Chinese and American operations, the new Business concept has been penned and engineered completely by GM's Pan Asian Technical Automotive Center (PATAC).

While the Buick Business may not appear to be much from the outside apart from an MPV with a Buick grille slapped on the front, the old adage of not judging a book by its cover comes into play when you learn what the vehicle holds in store for its occupants - namely a mobile boardroom.

Inside the concept viewers will find rotating seats that can face one another, tables and other features to help the concept live up to its 'Business' moniker. Capable of holding up to six passengers, the car also features some flashy electric sliding doors, 20in wheels (presumably to intimidate any potential business partners) and a glass roof.

Driven by a 2.4L four-cylinder engine, the Business concept also features an electric motor, as is now the norm these days with major manufacturers, to represent Buick's commitment to electric power and saving the environment. In this vein, the concept also features a stop-start system and regenerative braking.

While it’s unlikely this sort of vehicle will ever make it to the U.S., Buick is big business for GM in China. Thus, there is speculation that this concept may just be the beginning point, or a general design direction, for a number of Chinese built and designed vehicles for that market.

Opel launches 2010 Insignia OPC

Opel’s new Insignia OPC will make its world debut at the Barcelona Motor Show with the first deliveries to begin this fall, ten years after the launch of the first OPC model.

Packing 325hp (242kW), a sophisticated AWD chassis and a sub-six second 0-60mph time, it is set to take the midsize performance saloon market by storm. OPC, which stands for ‘Opel Performance Center,’ is the name given to models developed by GM’s official in-house tuner in Europe, and in the past has been used for cars like the Astra and compact Corsa hatchbacks.
OPC cars typically feature minor engine and handling mods as well as styling and performance upgrades such as bigger wheels and sporty bodykits. In the UK, the car will be known as the Vauxhall Insignia VXR.

The new Insignia OPC is the first model from the performance division to be offered with AWD and is available in hatch, saloon, and wagon bodystyles. Highlights are a ‘HiPerStrut’ (High Performance Strut) front suspension system, an adaptable AWD system with an electronic Limited Slip Differential and a 10mm reduction in ride height over the standard Insignia.

The HiPerStrut system is unique to the OPC model and serves two primary functions: firstly, to reduce torque-steer, but also to maintain negative camber during cornering, thereby improving ultimate grip levels in wet or dry conditions.

Complementing these features are standard 19in alloy wheels (20in lightweight forged alloys are optional), revised bushing and damper settings on both axles, and Brembo brakes with color-keyed calipers and vented and cross-drilled discs.

Drive comes from a 2.8L V6 turbocharged engine rated at 325hp (242kW), which is enough to send the car from 0-60mph in 5.8 seconds and an electronically controlled top speed of 155mph.

The sporting theme continues inside with Recaro front seats, a new steering wheel, gearknob and unique moldings, as well as different instrument graphics and sill plates.

GM’s Cadillac Converj given production green light

One of the most exciting cars from January’s Detroit Auto Show was the Cadillac Converj concept car, which General Motors used to showcase its plug-in hybrid technology in a luxury platform. Despite the concept featuring one of the most striking designs we’ve seen in a while, GM vice chairman Bob Lutz said it was designed so that any eventual production version would look “exactly like” the show car, hinting that we may eventually see such a car in showrooms.
The company’s financial state, however, says the opposite, but there remains a chance the Converj may make it out of the economic storm. GM in its viability plan presented to Congress in February outlined plans for two new plug-in hybrid vehicles, and today MotorTrend is reporting that the stylish concept has been given the green light for production.

According to an inside source, the new model will be on the road by 2011 if GM’s financial situation improves. The car would be based on the same Delta platform as the upcoming Chevrolet Volt, and power would also come from the same Voltec plug-in hybrid system. The source also revealed that a seven-seater MPV plug-in hybrid was in the pipeline – already previewed by the 2008 Chevrolet Orlando concept.

The Cadillac plug-in hybrid would feature extra batteries to power a higher-output electric motor than the one in the Volt. The styling of the vehicle would also be slightly different to the Converj concept as much of internal structure, such as the firewall, would need to be sourced from the taller Volt.

GM has consistently stated that its Voltec plug-in hybrid system would be used in other models to spread the investment costs as much as possible, and reports of a Cadillac plug-in hybrid date back as far as last August.

Source from: http://www.motorauthority.com/report-cadillac-converj-headed-for-production.html