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The Saturn brand will be no more

The Saturn brand will be no more

A few months ago, prior to GM filing for bankruptcy, it tried to sell off a couple of its brands. It was successful at selling Hummer to a Chinese company and Saab to another. Saturn looked like it was going to be sold off to …

GM asks dealerships to close in an effort to avoid bankruptcy

Along with other concessions made by GM, the company has asked dealerships to close its doors to help the company avoid bankruptcy and prove to the government that it is and can be viable in the future.
GM wants to reduce the number of dealerships from …

Goodbye Pontiac

Sundays are typically slow news days, therefore today I would like to dedicate this post to Pontiac. Recently GM announced that it would be killing off the brand to restructure the company and hopefully get some more of that government money it so desperately needs.
So, …

GM wants to borrow another $2 Billion

GM wants to borrow another $2 Billion

The sinkhole known as General Motors has decided that it needs to borrow another $2 billion from the U.S. Treasury to remain liquid while it tries to “restructure.”
The latest injection of funding means to date GM has received $15.4 billion in funding.
In a statement, the …

Worst cars for the money 2009

Every year U.S. News comes out with a list of cars that are a bad buy. With everyone wanting to get the most for their money, this list could be pretty important.
Are you looking for a compact car? The Pontiac G5 is the worst buy …