Buick News

Some key events in General Motors' history: Sept. 16, 1908 - General Motors Co. founded by William C. Durant, incorporating Buick Motor Co.

General Motors Corp. sped toward a record-short escape from bankruptcy protection Thursday when a judge's order approving the sale of most of its assets to a new company went into effect.

General Motors Corp. won approval late Sunday to sell its best assets to a government-owned company, paving the way for a stunningly swift emergence from Chapter 11 bankruptcy less than 40 days after GM filed for court protection.

U.S. auto parts maker Lear Corp filed for Chapter 11 bankruptcy protection on Tuesday, a day after setting out plans to restructure its $3.6 billion debt burden under a proposed deal with creditors.

A GM Europe spokeswoman said Wednesday negotiations for the sale of General Motors Corp.

The Associated Press 5 comments The U.S. flag flies at the Burt GM auto dealer in Denver June 1, 2009.

General Motors has a clear path out of bankruptcy, thanks to a Federal court's ruling this morning that the formation of a "New GM" can take place.

Buick's future won't include the classy Velite concept roadster--but Volt-alikes are in the plan.

The filing represents the largest in a string of recent failures of auto parts suppliers and highlights the pressure on the sector from sharply curtailed production and bankruptcies at automakers General Motors Corp and Chrysler.

A U.S. bankruptcy court judge has approved the sale of most of General Motors Corp.

Automobile Magazine is critical of the 4Runner's styling, labeling some of the 4Runner exterior elements a bit overdone: the 'sport model's phony hood scoop and high-contrast cladding, and the Buick Rendezvous-esque roof pillars used on all models, give us pause.' However, most reviewers like the 4Runner's macho, rugged looks, finding them ...

A restructured General Motors Corp will get the remaining $20 billion in government bankruptcy financing over the rest of this year and could be ready to launch an initial public stock offering in early 2010, a senior U.S. official said on Monday.

Share + Jul 6, 2009 4:39 am US/Mountain 1 of 1 General Motors Corp. on Tuesday said it has signed a deal to sell its Saab unit to a consortium led by Swedish luxury sports carmaker Koenigsegg Automotive AB.

NEGOTIATIONS for the sale of General Motors Corp's unit Adam Opel GmbH to Canadian auto parts maker Magna are progressing well and should soon be complete, the head of GM Europe said in remarks released over the weekend.

But of even more interest, according to GM execs, a hybrid model is also expected in the near future.

As a smaller, sleeker General Motors Corp. awaits a judge's green light to exit bankruptcy, Al Koch, GM's chief restructuring officer, says it will take two or three years and about $1.25 billion for the so-called Old GM to settle claims and dispose of factories no longer needed by the government-controlled automaker.

A Georgia-based company that hauls medium-duty trucks built at a doomed General Motors Corp.

The U.S. government's $50 billion investment in General Motors Corp. will take years to recoup under the best of circumstances, industry analysts said.

Enlarge Photo Photo: The 2010 Buick LaCross If you're not convinced that the "times they are a-changin'"-- get this: The new 2010 Buick LaCrosse will offer a CX model powered by GM's 2.4-liter, four-cylinder Ecotec engine with direct injection.

UPDATED 2:25 P.M. DETROIT - General Motors Corp.'s June sales in the United States dropped 33.6 percent from a year earlier, but Lansing-made crossover vehicles turned in strong performances.