Open Insignia Grand Sport

General Motors Sells Opel, Vauxhall to Peugeot for $1.376 billion

General Motors announced this morning that the company well sell the Opel and Vauxhall automotive operations in Europe and all of the accompanying assets with those brands including 11 production facilities and an engineering center to PSA – with a purchase price of 1.3 billion Euros or $1.376 billion US dollars.

Share this content.

The Opel Ampera

Chevy Volt-based Opel Ampera has 7,000 preorders

The Chevrolet Volt will also be sold as the Opel Ampera in some European markets and with the first Ampera sedans reaching owners after being named the European Car of the Year, Opel has reportedly received over 7,000 preorders for the electric vehicle – causing GM to believe that the goal of 10,000 Ampera sedans sold this year is a very real possibility.

Share this content.

Toyota Auris

Toyota Auris unveiled and Nissan Leaf expansion revealed at Johannesburg auto show

South Africans are excited this weekend because, after much fanfare, Toyota has taken the wraps off of its new Auris TRD at the Johannesburg International Motor Show, which runs through Oct. 16 at the Johannesburg Expo Centre.

Share this content.


UAW-GM contract: What the UAW didn't get for its auto workers from GM

The new contract for auto workers between the UAW and General Motors Co. should get ratified in record time and by an overwhelming margin because the UAW got a lot from GM: At least 6,400 more union jobs, job security, more products to build, plant reopenings, auto workers' first raises in eight years and $5,000 profit-sharing checks. But there were some people who didn't benefit from this four-year contract.

Share this content.

US dollar

Show me the money: What the UAW got for GM workers in new contract

If the pending four-year contract negotiated by the UAW with General Motors Co. has you curious to find out what a GM auto worker is paid to put bumpers on Buicks, pay attention: You're about to learn how UAW members will be compensated through 2015.

Share this content.