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Toyota Camry Owners Trading In; Up To The Chevrolet Malibu

TheGMSource - GM gave a six month report yesterday on the sales performance of the Chevrolet Malibu while also announcing a new powertrain combination for the models most popular model, the LTZ.

GM said that more than 40 percent of Malibu buyers are returning to the brand after leaving to experience what other automakers had to offer during the past few years. The vehicle that is being traded in the most for the Malibu? None other than the Toyota Camry.

Hit the jump for the rest of the story including a new powertrain option for the new LTZ Malibu.

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GM Plant In Ohio The Latest To Issue Strike Warning

TheGMSource - The strike warnings continue to roll in for General Motors. Now the UAW representing workers at a GM metal parts stamping plant in Mansfield, Ohio has just issued a strike warning to The General.

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UAW Could Strike GM Kansas Plant As Early As Today

TheGMSource - The UAW has treatened to strike the GM Kansas plant later this week. However we're hearing today that the plant could strike at any minute now. The UAW had previously given GM a week extension to hammer out a new local deal for workers.

The UAW says that "local labor issues" are to blame for the potential strike.

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Buick To Be First Brand For GM In China To Receive A Hybrid

TheGMSource - Buick is the luxury brand in China, much like it was a highly regarded brand here in North America before the 80's hit and boring took over instead of exciting in terms of design and style. Buick of North America will soon be on the cusp of another design boom that should propel it back into the minds of Americans as a formidable luxury vehicle.

Over in China it's a completely different story. Buicks are highly regarded and are the luxury brand in GM's stable. Buick is even more sought after than Cadillac. Buick, you could say, is a tale of two brands.

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TheGMSource Steps Up To Help Earth Day Activities

TheGMSource - A few months back I had received an e-mail from a gentleman who was planning activities around Earth Day 2008 in Westport, CT. The e-mail was from the Chairman of the Board of Trustees and President of the Westport Nature Center located in Westport, CT.

The sender did acknowledge that it was a long shot e-mail, but never the less shared that he was interested in contacting somebody from General Motors regarding their alternative fuel vehicles for display, specifically the Chevrolet Volt.

I did what I always do. I contacted a few key people in Chevrolet and General Motors. Here it is April 2008 and I'm happy to report results.

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GM's Lansing Assembly Partially Shut Down;  IS ON Strike Anyway

TheGMSource - American Axle is on strike and now another key GM supplier is on strike. Alliance Interiors, which is located near GM's Lansing assembly location went on strike earlier in the week. Because of that strike, GM was forced to close the Lansing plant that currently builds the hot selling Buick Enclave, GMC Acadia and Saturn Outlook crossovers.

UPDATE

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More Details Emerge For GM's 100th Birthday Celebration

TheGMSource - It's a once in a lifetime event. The celebration of a company being around 100 years. Sure GM may have seen better times over its previous 99 years but not every year has been as trying as the most recent. GM, afterall still is the worlds largest automaker. A title it has held for decades.

Today we learn more about GM's plans to celebrate it's 100th birthday in conjunction with the Woodward Dream Cruise.

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Saturn Now Part Of GM Reward Card Earnings

TheGMSource - Since Saturns inception it was a brand that was always a little bit different from other GM brands. From the dent resistent door panels to the way it was marketed, GM really wanted Saturn to not appear to be a "true" GM brand.

That included the GM Reward Card earnings. You couldn't use your GM Card earnings on Saturn vehicles. The entire brand was off limits. Today, that has changed as Saturn has been included in the GM Reward Card program. Hit the jump for the full 411 straight from GM to your desktop via The Source.

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GM Exec Says Auto Energy Plan Needed

TheGMSource - It's something we read about all the time, especially with gas prices soaring through the roof. We ask ourselfs "when will it end?" The never ending increases at the pump, and more importantly, what's going happen next year, or five years, or even 20 years from today? A GM executive says the Government must actively participate in the move away from petroleum fuel to alternative fuels.

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TheGMSource - It's not often we'll cover news by one of GM's competitors, but who can deny what the Taurus has done for Ford Motor Company over the years? Other than completely saving the company in the 80's it's been a best selling family car for years.

The Taurus left the automotive world a few years back in favor of the Ford 500. The 500 failed, and bad. So much so that at last years Chicago Auto Show Ford CEO Alan Mulally announced the death of the 500 and the return of the Taurus (and Taurus X crossover.)

Since then Mulally has said that the Taurus is being revamed for 2010. This image has leaked on the 'web today and has Ford fans saying it's the next Ford Taurus. Better quality image at the jump.

UPDATE

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New Buick Invicta Teaser Image Released

TheGMSource - Yea, we know. You can't tell much from this latest teaser shot shown of the returning Buick Invicta but hey, it's something new, right?

Hit the jump for a regular sized image plus a second image just added.

Josh E. Oliver
JOliver@TheGMSource.com

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TheGMSource - GM will continue investments in its plants. Today, the company is expected to announce a $900 million investment in it's Ramos Arizpe complex.

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Toyota Buying Back 1995-2000 Toyota Tacomas For 150% Of Their Value

TheGMSource - The #1, super best automaker from the land of the rising sun (stole it from Ray Wert) has such great quality that they are purchasing back 1995 to 2000 model year Tacomas to use in a new commercial high lighting their perfect quality? No..not quite. To high light their high resale value? Still wrong.

Toyotas buying them back because their frame falls apart.

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 ChevyVoltForum Exclusive: Interior & Exterior Preview

TheGMSource - The design freeze is here on the Chevrolet Volt concept vehicle set to be released for sale in 2010. However you don't have to wait that long to get a glimpse at what the interior will look like.

In addition to a look at the interior, we've also got various shots of the exterior as it sits in its final design stage. Head over to the ChevyVoltForum.com for additional images and better views!

Josh E. Oliver
JOliver@TheGMSource.com

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Major Delphi Backer Backs Out: GM On The Hook For Even More

TheGMSource - Just yesterday I wrote that GM may be putting itself in a position to control Delphi. The reasoning, as I wrote is because GM has already pledged nearly $3 Billion to help Delphi get out of debt. I also wrote that GM is considering take on more of Delphis pension obligations.

If GM takes on nearly $1 Billion more in pension liabilities plus the original $2.6 Billion it had planned to "loan" Delphi, that would put GM's total "loan" at about $3,550,000. Delpi needs $6.1 Billion to remerge from Chapter 11.

Where would the rest come from? Investment firm Appaloosa LLC had previously promised $2.55 Billion. However, today...

UPDATE

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GM Gives Update On The Development Of The Chevrolet Volt

TheGMSource - The transparency continues. GM Bob Lutz made a promise to bloggers and media last year that the development of the Chevrolet Volt would be as transparent as we could all hope for. The General has lived up to their end and Maximum Bob even ensured that we had access to the hydrogen Volt debut last year at the GM Tech Center.

Today we're getting word on exactly what's new with the Chevy Volt concept. From the interior layout and the specs on the battery. Hit the jump for the full read on what's new with the Volt and continue to point to this latest news when a naysayer arises.

Let me tell you, this is quite an exciting read and really sheds light on what the Volts interior will look like, in addition to occupants sitting on the "side" of the vehicle? Interesting!

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Is GM Gearing Up For A Controlling Stake In The New Delphi?

TheGMSource - Delphi is nowhere near emerging from bankruptcy as it had hoped to by now. The company is finding it terribly difficult to secure the $6.1 billion it needs to emerge from bankruptcy amid a credit crunch by the nations leading banks due to the economy.

Just last month GM pledged nearly $3 billion more in loans to Delphi. That move has riled private-equity investors who do not want GM part of the emerging Delphi. Today we find out that GM is going one step further than the $3 billion.

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American Axle/UAW Talks Said To Continue Anytime

TheGMSource - A few days ago we told you that American Axle posted an ad in several newspapers asking people to apply for positions available at American Axle plants. The ad said positions would be available either by vacant jobs due to arbitrition (buy-outs) or by striking UAW workers.

What we didn't tell you about is the overwhelming response American Axle got.

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GM Dealers Deliver 13% Fewer Cars In March of 2008

TheGMSource - March Madness it was not in GM dealerships in March. The company today reported 282,732 vehicles in March, down 13% compared to year ago levels. While total deliveries are down, GM said that retail sales remained stable for the first quarter of the year.

The Cadillac CTS, Chevrolet Malibu and GM's new crossover trio sold well for the company, Mark LaNeve said. One of the more notables of retail sales? In the first quarter of 2008 GM has four of the top 10 best selling cars currently available on the market.

The Chevrolet Impala, Cobalt, Pontiac G6 and Chevrolet Malibu are all "best selling" cars for GM. Hit the jump for the official press release from the General. Page 2 gets you a full model breakdown of GM's vehicles year over year.

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Don't Forget Today IS April Fools Day

TheGMSource - Don't forget the date today on the calenders as it is April 1st, which is also the gag holiday "April Fools Day."

Please remember this as you read the days 'news surrounding GM and the automotive business as a whole.

For fun...leave a comment in the comment box with the most outlandish April Fools stories floating around the 'net. I'll start off with a link from...

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 American Axle Looking For "Scab" Workers To Replace Striking UAW Workers

TheGMSource - Things are getting ugly in the strike between the UAW and American Axle with an ad placed in several newspapers advertising jobs at plants that are currently closed due to the three week long strike.

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Camaro All Tricked Out In New Leaked Images

TheGMSource - Those boys are at it again over at Camaro5 which is the definitive source for all things 5th gen Camaro, whether GM likes it or not. We kid, GM doesn't seem to mind as the F-Body Father, Scott Settlemire himself posts on the popular forum.

Plus who is to say GM's not behind these "leaks" somewhere along the way? At any event, they've gotten their greasy little hands on some new Camaro pics that shows a jazzed out Camaro complete with apparent optional accessories for the returning muscle car pony car.

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Buzz Hargrove: The CAW Is Not Interested In Two-Tier Wages

TheGMSource - From the "like we didn't see this one coming" department. The head of the Canadian Auto Workers Union has came out in opposition of the two-tier wage agreements that GM reached with the UAW last year.

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Not So Blind Item Part Duex: What GM Enthusiast Web-Site Has Been Sold?

TheGMSource - Another "not so blind item" for the masses. What extremely popular General Motors message forum that recently saw a slight update to it has been sold for thousands of dollars?

Hit the jump for the full 411.

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GM Moving Billions In Advertising Away From TV

TheGMSource - General Motors spent $197 million in online advertising last year. Within the next three years that number will seem small compared to what GM has planned for digital advertising.