Archive for the ‘GM’ Category

Are you winding me up?

// Posted in GM, Saab

GM have given notice that the wind down process of Saab, first announced late last year, has commenced. Consulting firm AlixPartners have been chosen by GM to act as wind down supervisors. A statement released by GM reads, “The wind down process is expected to take several months, and will ensure that employees, dealers and […]

You keep me hangin’ on

// Posted in GM, Saab

Set me free, why don’t you babe. Get out my life, why don’t you babe. ‘Cause you don’t really love me. You just keep me hangin’ on. You don’t really need me. But you keep me hangin’ on… Yep, you guessed it, despite yet another deadline passing and a reported four bids received there is […]

Spyker extends Saab offer

// Posted in GM, Saab

You may remember from yesterday that Spyker put a deadline on their latest offer to buy Saab from GM. It now appears that deadline was as flexible as a Saab convertible. The Dutch manufacturer has just issued a brief comment stating, “Spyker has been in contact with GM today, and continues to develop its proposal […]

Saab: A new hope

// Posted in GM, Saab

Since announcing they would be winding down Saab’s operations GM has received new interest from parties ready to take on the Swedish manufacturer. Dutch sports car maker Spyker was the last company to have a serious crack at buying Saab and while GM has already knocked them back once, they have launched a new bid. […]

Saab bites the dust

“We will work closely with the Saab organization to wind down the business in an orderly and responsible manner. This is not a bankruptcy or forced liquidation process. Consequently, we expect Saab to satisfy debts including supplier payments, and to wind down production and the distribution channel in an orderly manner while looking after our […]

The bigger they are, the harder they fall

The rumours and speculation have finally been fulfilled. General Motors, once the biggest car manufacturer in the world, has now filed for bankruptcy. The good news for Australia’s Holden is that it will remain unaffected by the bankruptcy proceedings which only affect US operations. “Holden is a subsidiary of GM but we are a corporate […]

Your chance to catch the Bandit

// Posted in GM, News

“For the good old American lifestyle: For the money, for the glory, and for the fun… mostly for the money.” It’s a great line, from a great movie. At least, I thought it was great when I was kid. Of course, I’m talking about Smokey and the Bandit. Known as much for the Pontiac Trans […]

Captiva audience

This rather entertaining video smacks of being a Candid Camera type stunt, but it is supposedly fair dinkum. Watch as the driver of a Daewoo Winstorm (Holden Captiva) takes matters in to her own hands after having her vehicle unwillingly attached to a tow truck. Source: CarAdvice

Holden to slash production by 15,000 vehicles

The Global Financial Crisis is biting hard on the home front, with news Holden will start 2009 with a series of production line closures from January through to March. This will affect as many as 3,400 workers, although they will still be eligible to claim a wage equivalent to four and a half days work […]

Crash test footage: They don’t make them like they used to!

Here’s a couple of YouTube clips that prove beyond any doubt that they don’t make cars like they used to. While it may be feeble to compare two different crash tests filmed over with cars built 20 years apart (first clip an early 1980s Holden VB Commodore, second a Volkswagen Mk5 Jetta), the results shown […]