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GM delays Camaro production start by a month

General Motors is delaying the launch of the Chevrolet Camaro sports car by a month, without explaining why. GM had scheduled the start of production of the redesigned 2010 model in Oshawa, Ontario, for Feb. 16.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Kia at 2009 Frankfurt motor show

By Tom Sharpe First Official Pictures 17 September 2009 14:00 Kia chose the 2009 Frankfurt Motor Show to introduce its new hatchback-cum-SUV, the Venga. But attracting more attention were hybrid versions of two of the South Korean manufacturer’s other models, the just-facelifted Ceed and new Sorento. In two very different ways.