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GM to import more Chevy Spark minicars from Korea

General Motors is increasing imports of Chevrolet Spark minicars for sale in the United States following a stronger-than-expected launch here. GM recently upped its order for Sparks from the Korea plant that produces the car, Cristi Landy, marketing director for Chevrolet small cars, told Automotive News. “We've asked for more already,” Landy said Wednesday.

Subaru XV Crossover revealed in Shanghai

Subaru XV Crossover Concept has the Qashqai and 3008 in its sites Last week we had a tease for the Subaru XV Concept in the usual form of a dark image with all detail taken out. But it looked like a crossover, and a crossover is what made most sense. And that’s exactly what it turns out to be – Subaru’s pitch at the Peugeot 3008 and Nissan Qashqai.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).