his just in: the Pontiac Vibe, a car that should have sold better than it did, will no longer be produced after August, 2009. In a statement just released, GM declared, “As part of its long-term viability plan and recent decision to phase out the Pontiac brand, General Motors has decided to discontinue production of [...]
Archive for June, 2009
Bad Vibe-rations: GM to Discontinue Pontiac Vibe in August
Poll: Koenigsegg Really Is Buying Saab!
couple days ago, rumors surfaced that the tiny Swedish supercar maker Koenigsegg was in negotiations to buy Saab from GM. This David buying Goliath scenario is almost laughable on the face of it, I mean, how could a tiny manufacturer of million dollar exotic sports cars — albeit very good million dollar supercars — [...]
Darn Wordpress!
ou may have noticed things working a little slowly the past day or so. I recently upgraded to the newest version of Wordpress, and it seems to have made a few things go kablooey somewhere under the hood. I’m working to resolve the issue, but in the meantime, I ask for a little patience, and [...]
WTF: Koenigsegg To Buy Saab?
he domestic auto industry bankruptcies have created some very odd bedfellows: Chrysler and Fiat; Hummer and Sichuan Tengzhong; Saturn and Penske. Yet perhaps the oddest of them all is the current rumor that GM’s Swedish brand Saab will be bought by the Swedish supercar maker Koenigsegg. Since Koenigsegg isn’t exactly a household name in the [...]
GM Finally Declares Bankruptcy; New GM Doesn’t Go Far Enough
fter months of buildup, loans, headlines, anticipation and more speculation about the what-ifs than one could ever have predicted, General Motors, the 102-year-old preeminent U.S. automaker, once holder of more than half of all U.S. domestic marketshare, innovator of countless technologies, has filed for bankruptcy protection under Chapter 11.
It’s about time.
While bankruptcy talk has been [...]