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Spyker said to be General Motors' only candidate to buy Saab
Wed, 06 Jan 2010Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.
Some 2005 and 2006 Chevrolet Corvettes are set to be recalled
Mon, 03 May 2010Add the mighty Chevrolet Corvette to the list of recalled cars. General Motors is recalling some 2005 and 2006 models for a steering-column problem. About 40,000 cars produced between March 2004 and January 2006 could be affected.
2010 Chevrolet Equinox gets price cut from GM
Thu, 02 Apr 2009The 2010 Chevrolet Equinox will carry a base price of $23,185, including its delivery fee, when the crossover goes on sale in June. The restyled, re-engineered Equinox will cost $1,800 less than the previous generation, Ed Peper, vice president of Chevrolet, said today in a statement. General Motors has said it hopes the Equinox will get 30 mpg highway, up from 24 mpg on the base model of the 2009 version.