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General Motors Renaissance Center, Detroit, Michigan General Motors has released today its first financial results since emerging from bankruptcy on July 10 as a ‘new’ company. The results are for the first 83 days of operation and from an initial inspection things are looking much better for GM. Excluding special items, GM has posted an [...]
Supercar company Koenigsegg believes it has what it takes to save Saab General Motors and Koenigsegg Group AB, a consortium led by supercar manufacturer Koenigsegg, have officially reached an agreement over the sale of Saab after nearly two decades of American ownership. GM has confirmed today that it has signed a stock purchase agreement with [...]
Cadillac CTS Coupe Concept Grile Rear-wheel drive is a defining element of a luxury car for many buyers, endowing a car with superior handling and dynamics despite somewhat more expensive and marginally less efficient packaging. So it’s with relief that Cadillac fans heard the news last week that the upcoming ‘baby’ sedan, dubbed the ATS, [...]