Posts Tagged ‘generalmotors’

Fitting Irony: Detroit Mayor Bing’s own auto supply company hurting and on the block?

Filed under: Plants/Manufacturing , GM No one is allowed to escape the grinding maw of Detroit’s woes — not even Detroit Piston extraordinaire and hometown mayor Dave Bing. The mayor owns an automotive supplier called The Bing Group that provides stamped parts for carmakers. The recession has put the company on such slippery footing that it told GM it couldn’t provide any more parts, and it’s looking to sell… Read the rest

Edmunds: GM market share will grow in October

Filed under: Marketing/Advertising , Buick , Cadillac , Chevrolet , GM , GMC , Earnings/Financials According to the number-crunchers over at Edmunds.com, things are looking up for General Motors in the month of October. If preliminary figures hold up, The General’s market share should come in at 22.4 percent, a notable gain from the 19.1 percent share the automaker averaged throughout the third quarter of 2009. Driving this newfound… Read the rest

REPORT: One week after announcing GM departure, Mark LaNeve surfaces at Allstate

Filed under: Hirings/Firings/Layoffs , Marketing/Advertising , GM When word got out that Mark LaNeve (right) was leaving General Motors effective October 15, we weren’t at all sure where the soon-to-be-former exec was heading. The Wall Street Journal has finally let the cat out of the bag, reporting that LaNeve is leaving the auto business for a marketing gig at Allstate. LaNeve will sign on as the overseer of all… Read the rest

SCCA Speed World Challenge: The rest of the series wraps up with finale at Laguna Seca (Spoiler Alert)

Filed under: Motorsports , Acura , BMW , Chevrolet , Ford , Mazda , Porsche 2009 SCCA Pro Racing SPEED World Challenge GT Championship finale at Laguna Seca - Click above for high-res gallery One of our favorite forms of racing just wrapped up another season with a typically exciting finale at California’s Laguna Seca raceway. Although it doesn’t get much press, we love Speed World Challenge because the… Read the rest

REPORT: Analysts chide GM for boosting production

Filed under: Plants/Manufacturing , GM General Motors has announced its planned production for next year: 2.8 million vehicles. That’s a 45% increase over its production this year - 1.9 million cars and trucks - and according to some analysts, it’s completely unwarranted. GM says it arrived at that number based on “real simple math.” Analysts quoted in the Detroit Free Press today appear believe that GM was guided more… Read the rest

Cadillac kicks current ad agency to the curb, seeking new suitors

Filed under: Marketing/Advertising , Videos , Cadillac , GM Click above to view Modernista’s Cadillac commercials after the jump It was three years ago that Cadillac switched to ad agency Modernista!, and one year leater it rolled out its “Life. Liberty. And the Pursuit.” campaign. In a four-sentence statement put out by Cadillac General Manager Bryan Nesbitt, the brand is looking for a new agency and Modernista! “has elected… Read the rest

Saab pondering Detroit suburb for new U.S. headquarters?

Filed under: Saab Having concluded the relationship with its former sugar daddy, GM, Saab is scouting locations for its new corporate headquarters to make a fresh start. According to one report, that location could be Royal Oak, Michigan, about fifteen miles from Detroit. Saab apparently has $2.2 million to invest in a new HQ over the next five years, where it plans to house “mostly sales and marketing functions.”… Read the rest

REPORT: Chevrolet to take larger role at GM, account for 70% of total volume

Filed under: Chevrolet , GM Forget about more cowbell, for GM it’s all about more Chevy — at least, that’s the situation for Chevrolet’s new VP Brent Dewar. So far this year the Bowtie has posted more than 60% of GM’s North American volume, but Dewar wants that to get to 70%. “As Pontiac goes away, Saturn goes away,” Dewar said, “Chevrolet has to step up. The 70 percent… Read the rest

Mazda2 gets friendly update in Thailand, new fascia to go global?

Filed under: LA Auto Show , Budget , Hatchback , Mazda , Design/Style 2010 Mazda2 (Thailand-spec) - Click above for high-res image gallery Mazda has just announced that it has commenced production of the Mazda2 subcompact in Thailand. No big deal, right? Well, not in and of itself, but the Japanese automaker also released three images of the car, and its sporting a revised front fascia that mimics that… Read the rest

REPORT: GM close to offloading Hummer for as little as $150 million

Filed under: SUV , Government/Legal , Hummer , Earnings/Financials Hummer H3T - click above for high-res image gallery Not so many years ago, Hummer appeared to be one of General Motors’ most potentially lucrative brands. Now, the fallen brand looks poised to fall into the hands of the Chinese very soon. Bloomberg is reporting that a deal to sell Hummer could be finalized in the coming days as Sichuan… Read the rest