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Treasury Gives GM Until July 10th To Complete Sale Or..... 

TheGMSource - The Unites States of America Treasury Department gave General Motors a deadline to complete a sale of it's "good" assets to the Government. The Treasury says if GM does not sell it's "good" assets to the Government then the Treasury Department will end all funding to General Motors.

What does that mean?

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BREAKING: GM Ends Joint Venture Plant With Toyota 

TheGMSource - GM has announced today that it will sever its ties with Toyota and the joint-venture plant dubbed "Nummi." The plant will be part of "Old GM."

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Two Thousand And Ten Saab 9-5? If so - It's Hot! 

TheGMSource - So I dumped the "Saab" Category here on The Source because lets face it, Saab is no longer part of General Motors in a figurative way. In a literal way Saab is part of General Motors but only for a few more weeks. In any event, pictures leaked over the weekend of what many are saying is a real look at the 2010 Saab 9-5.

If this is the 2010 Saab 9-5 GM may literally want to figuratively find a way to hold on to Saab because the 9-5 is HOT!

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Hummer CEO Expects Tengzhong To Be Investor Only 

TheGMSource - As we were the first (and only) to report yesterday that Hummer is set to be sold on June 28th, today we receive word that current Hummer CEO Jim Taylor expects Hummers new owners at Tengzhong to be investors only. Several news blogs and web-sites have reported that China will move to block the sale of Hummer to Tengzhong, however those reports are inaccurate.

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GM Continues To Dumb Down The Chevy Volts Look 

TheGMSource - The Chevrolet Volt was one hot looking concept when it debuted at the NAIAS a few years ago. The concept couldn't make it to production due to aerodynamics. Understandable. So, GM showed the production Chevrolet Volt at a celebration for its 100 years in business. The pictures released (like the one up above) showed the Volts charging port in the same spot as the concepts.

That's changed - and the "dummification of design" for the Chevrolet Volt continues.

Update: General Motors response added

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GMC Announces Pricing For 2010 GMC Terrain CUV 

TheGMSource - GMC's entry into the CUV market comes with the all-new 2010 GMC Terrain. Today, GM released pricing on the all-new Terrain. The FWD Terrain will start at $24,995 while the AWD model starts at $26,745.

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Official: Hummer Sold In Three Days! 

TheGMSource - The Hummer brand once thought to be the symbol of everything wrong with American automakers will soon become Chinas problem, sort of. The deal to sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery Co. will be signed in three days, on June 28th.

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Very First Pre-Production Volt Hits The Road! 

TheGMSource - History. That's the best way this can be described. A car thats been the topic of many water cooler conversations, called "vapor-ware" and a "publicity stunt" from General Motors is on the road. The very first pre-production Chevrolet Volt, complete with production body is road ready and GM's Chief Engineer Andrew Farrah takes the wheel.

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Buick Halo Car Coming Soon? Maybe? Possibly? 

TheGMSource - Buick has what seems to be a sure-fire hit on its hands in the 2010 Buick LaCrosse. The car is much more "grown up" and very "mature" in style. It appeals to me (I'm 25) and it also appeals to friends of mine that have seen the new LaCrosse.

However nice the LaCrosse is, it wouldn't draw me in to a Buick dealership. In fact, nothing Buick or GMC sells would draw me in to their dealership - and that's a major problem considering what would pull me in to the Buick-GMC dealership has been cancelled: Pontiac.

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GM Closing Plant That Makes Chevy Colorado, GMC Canyon & Two Hummer Models 

TheGMSource - The sweeping changes at General Motors are continuing this afternoon as GM has announced the closure of an assembly plant located in Shreveport, La, no later than 2012. The assembly plant produces the Chevrolet Colorado, GMC Canyon and two Hummer models.

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GM Brazil Shows The 2011 Chevrolet Agile 

TheGMSource - Absolutely. Those words were the first thing that came to mind when I thought, "wouldn't this make an excellent entry in the North American market?" The Chevrolet Agile is what it's called and it's slated to be launched in Brazil later this year.

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Meet Your 2010 Buick LaCrosse 

TheGMSource - The 2010 Buick LaCrosse is a key part of the "New GM." As we all know, Buick is a core brand to General Motors post-bankruptcy. The 2010 LaCrosse is a beautiful car both inside and out, with ambient lighting and unique styling, plus a never before All-Wheel-Drive sedan is now available from Buick.

Hit the jump for your official look at all things Buick LaCrosse.

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SPIED: Buick Regal In GM Video & Buicks Response! 

TheGMSource - The Chinese Buick Regal is appearing in GM North America ads as a "concept" however it has yet to be introduced officially in any form in North America. Today, we bring more shots of the Chinese Regal in a new ad shot for Buick North America, and we have the official word from Buick on the Regal.

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GM Sells 2 Million Buicks in China 

TheGMSource - Buick was saved by GM because of it's strong presence in China. We all know this. If it weren't for China it's fair to say that Buick would have also seen the ax when the Auto Task Force came through Motown a few months back. What may have happened and what actually did happen are two different things.

Buick is still here - and in China and the brand recently sold it's 2 Millionth vehicle.

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TheGMSource Forums Now TheGMForums 

TheGMSource - I wanted to take this time on this beautiful Sunday afternoon for two things. First, wishing every father a very Happy Fathers Day. I hope that your day is as beautiful as it can ever be. We here at The Oliver Household have enjoyed our Fathers Day a great deal.

The second piece of information I'd like to announce are some changes to the way things are done here at TheGMSource.

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Buick Shows The Regal In New Advertisement 

TheGMSource - This screen capture is from a new ad released today showcasing Buicks new tagline, "Look At Me Now." In the very far back there's a mysterious four door sedan shown. In print at the bottom of the ad, it lists the "Buick Regal Concept." The Regal has been the topic of rumors for several months now since it went on sale in China.

Hit the jump for the full spread look.

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GM Looking At  "Mid-July" Exit From Bankruptcy 

TheGMSource - General Motors trip through bankruptcy is going smooth. So much in fact, the company is looking at exiting bankruptcy in "mid-July." That's about 30 days earlier then the 60 day timeframe given at the time the company went in to protection.

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UAW Names Their Pick For GM's Board of Directors 

TheGMSource - General Motors trek through bankruptcy is on track and should be done within the next 45 days. Today, the UAW named their pick for their pick on GM's Board of Directors as  Stephen J. Girsky. We don't know anything about Mr. Girsky but we do have both the UAW's announcement and GM's response after the jump.

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GM Ending Vibe Production At Nummi Plant This August 

TheGMSource - Pontiac has announced...scratch that. What's left of Pontiac has announced today that it is no longer producing the Pontiac Vibe at it's joint venture plant called Nummi. The Vibe is scheduled to remain the last available retail model to consumers and is expected to be offered through 2010.

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GM Launches Buick LaCrosse Site 

TheGMSource - The 2010 Buick LaCrosse is a very, very sharp vehicle. I've seen a few tooling around roads here in metro-Detroit and its quite a head turner. On Monday, July 22nd GM will host a media "eVent" where the 2010 Buick LaCrosse will make its official worldwide debut for media.

Today though, we give you a sneak peak at the new Buick LaCrosse web-site, courtesy of the General.

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GM To Bankrupt Delphi: We'll Only Help You If..... 

TheGMSource - The several year saga, known as the Delphi bankruptcy has cost GM more then $12 Billion. GM with pressure from the U.S. Government is finally getting stern with Delphi and wants the auto parts supplier to finally exit bankruptcy. About time, huh?

GM has laid out four key requirements to Delphi in order for GM to give the bankrupt parts maker any more support.

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The Idiocy Continues: Fritz Says Again The Pontiac G8 Won't Be Rebadged 

TheGMSource - I don't like to follow up to news posts with pictures of the same car, but the G8 is an exception, right? Afterall, it's Pontiacs best selling retail model and sells nearly 4,000 units a year. If it sustained 4,000 units a year the G8 would sell 48,000 units to retail customers. That's a great feat in todays depressed market.

You'd think GM would want to hold on to those 4k units a month, or potentially add to them. Afterall, the company is in  bankruptcy because it can't seem to sell CARS people want to buy. Seems as if the G8 has the publics attention. So, what do you do if your GM? You slam the door shut on the G8 coming states side as something else.

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Voters Speak: Want Pontiac Saved 

TheGMSource - I've said it before - I don't know how GM plans to replace the hundreds of thousands in sales it will lose from phasing out the Pontiac brand. The brand is GM's third best selling brand, behind only Chevrolet and GMC. That's quite a few cars to replace overnight.

At any rate, some 1,693 would-be buyers were polled which GM brand they want saved. The answer: Pontiac.

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GM Completes Trifecta: Saab Sold To Koenigsegg Group AB

TheGMSource - General Motors has announce it has reached an agreement with Koenigsegg Group AB on the sale/purchase of it's Saab line. The sale of saab completes GM's trifecta. Earlier this year, GM had listed both its Hummer and Saturn brand for sale. Both of those brands were taken off the market this month as buyers had agreed to terms of deals on those two brands as well.

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GM CEO Fritz "Wagoner Jr" Henderson" Will Host Live Web-Chat Tuesday 

TheGMSource - General Motors President and CEO Fritz "Wagoner Jr" Henderson will host a live web-chat Tuesday (that's tomorrow) followed by a live "Q&A" on GM's official Twitter page. The web chat is listed as media only however it is opened for viewing to the general public.