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Pontiac News

News on Pontiac continually updated from thousands of sources around the net.

4 hrs ago | UPI

GM sells assets, vows focus on customers

General Motors Corp. vowed it would focus on customers after selling a majority of the company to the U.S. government Friday morning.

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Related Topix: GMC, GMC GM, Cadillac, Saturn, Chevrolet

8 hrs ago | Slam Sports

As part of turnaround, General Motors to test selling new cars on eBay

As part of its turnaround plan, General Motors Corp. said Friday it plans to experiment with auctioning new cars on eBay, expanding on an existing partnership covering certified used vehicles on the online marketplace.

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Related Topix: eBay, Startups, GMC GM, GMC, Automakers, General Motors, Cadillac, Buick

Fri Jul 10, 2009

WSAW

Wisconsin Touts New Economic Development Tools

Wisconsin came up empty in the competition to land a new General Motors Corp. car plant, but tax breaks that were a part of the state's pitch may end up helping other businesses stay or expand.

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Related Topix: GMC GM, GMC, Automakers, General Motors, Cadillac, Buick

WLNS-TV Lansing

Montana gov blasts GM plan to cancel mine contract

Montana Gov. Brian Schweitzer is asking the Obama administration to force General Motors Corp.

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Related Topix: GMC GM, GMC, Pontiac Montana, Mining, Stillwater Mining, Columbus, MT

Athens Banner-Herald

GM exits bankruptcy; CEO vows better performance

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.

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Related Topix: GMC GM, GMC, Automakers, General Motors, Economics News, Bankruptcy, Auto Dealers, Buick

WTOL-TV Toledo

GM, Chrysler fight reopening of closed dealerships

General Motors and Chrysler urged lawmakers Thursday to block legislation that would prevent them from consolidating their dealership networks, warning it would complicate their emergence from government-led bankruptcies.

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Related Topix: GMC GM, GMC, Automakers, General Motors, Saturn, Chevrolet Van, Hummer, Chevrolet

KansasCity.com

565K new jobless claims, lowest level since Jan.

The number of newly laid-off workers filing initial claims for jobless benefits last week fell to lowest level since early January, largely due to changes in the timing of auto industry layoffs.Continuing claims, meanwhile, unexpectedly jumped to a record-high. While layoffs are slowing, jobs remain scarce and the unemployment rate is rising, which ...

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Thu Jul 09, 2009

WXYZ

GM Ready to Exit Bankruptcy

People briefed on its plans say the company is looking into changing the background color of its corporate logo from blue to green in an effort to show consumers that it is leaner and greener, more focused on fuel efficiency and better able to make quick decisions.

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Related Topix: GMC GM, GMC, Chevrolet Malibu, Chevrolet, Chevrolet Cobalt, Chevrolet Aveo

Freep.com - RSS - Autos

GM preps for rebirth as leaner firm, readies package for Wagoner

General Motors Corp. is rushing to prepare for its rebirth late this week as a company largely owned by the U.S. government.

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Related Topix: GMC GM, GMC, Automakers, Oldsmobile, General Motors, Cadillac

Herald Star Online

: GM's path to leave Chapt.....

General Motors Corp. sped toward a record-short escape from bankruptcy protection Thursday when a judge's order approving the sale of most of its assets to a new company went into effect.

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Related Topix: GMC, GMC GM, Chevrolet Malibu, Chevrolet, Buick

WZZM-TV Grand Rapids

Congress, Obama administration clashing with GM and Chysler over dealership closures

Congress and the Obama administration are colliding over General Motors Corp. and Chrysler Group LLC's moves to shed 2,100 dealers, which the House appears poised to reverse next week.

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Related Topix: GMC GM, GMC, US News, Oldsmobile, Automakers, General Motors

Star Phoenix

2010 Toyota Matrix. For more images, click the gallery link.

The fact that Toyota Canada announced a 25% drop in year-to-year sales in the first quarter of this year , but still saw a 12% increase in Matrix sales speaks volumes about this practical little machine.

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Related Topix: Toyota, Toyota Matrix, Pontiac Vibe, Ford Focus, Ford, Nissan Versa

Wed Jul 08, 2009

Detroit News

GM asset sale approved late Sunday

General Motors Corp. won approval late Sunday to sell its best assets to a government-owned company, paving the way for a stunningly swift emergence from Chapter 11 bankruptcy less than 40 days after GM filed for court protection.

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Related Topix: GMC GM, GMC, Automakers, General Motors, Cadillac, Buick

Clinton County News

4 former GM sites in area to be sold off

General Motors Corp. will hold on to two Lansing-area assembly plants and a local parts warehouse under an asset sale approved by a federal bankruptcy court in New York.

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Related Topix: GMC GM, GMC, Lansing, MI, Cadillac CTS, Cadillac, Saturn, Cadillac STS

Hampton Roads Daily Press

GM Europe still favors Magna for Opel, despite confirming Beijing Automotive Industry bid

A GM Europe spokeswoman said Wednesday negotiations for the sale of General Motors Corp.

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Related Topix: GMC GM, GMC, Manufacturing, Automakers, Magna International, General Motors, Cadillac, Buick

Reuters

U.S. car parts maker Lear Corp files for bankruptcy

U.S. auto parts maker Lear Corp filed for Chapter 11 bankruptcy protection on Tuesday, a day after setting out plans to restructure its $3.6 billion debt burden under a proposed deal with creditors.

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Related Topix: Manufacturing, Automakers, Textiles, Lear Corporation, Economics News, Bankruptcy, General Motors, Cadillac, Buick

Tue Jul 07, 2009

The Oregonian

GM and Chrysler's bankruptcy cases at a glance

A summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp.

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Related Topix: GMC GM, GMC, Economics News, Bankruptcy, Automakers, General Motors, Cadillac

Detroit News

Russian power play stalls Opel talks

A federal bankruptcy judge has green-lighted creation of a "new GM," which could emerge as early as Thursday.

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Related Topix: GMC GM, GMC, World News, Russia, Asia, Chevrolet, Automakers, General Motors, Cadillac, Opinion

Mon Jul 06, 2009

Reuters

GM to get final $20 billion in U.S. funding this year

A restructured General Motors Corp will get the remaining $20 billion in government bankruptcy financing over the rest of this year and could be ready to launch an initial public stock offering in early 2010, a senior U.S. official said on Monday.

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Related Topix: GMC GM, GMC, Economics News, Bankruptcy, Automakers, General Motors, Saturn, Cadillac, Buick

Daily Yomiuri

ANALYSIS / GM pullout leaves Toyota with dilemma / New president...

Toyota Motor Corp. now faces a dilemma following General Motors Corp.'s decision to withdraw from the two firms' joint venture in California.

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Related Topix: Toyota Motor, Automakers, Toyota, GMC GM, GMC, Pontiac Vibe, General Motors

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