GM files paperwork for initial public offering

August 23rd, 2010 PartsHub.net Posted in Automotive News | No Comments »

GM filed for an initial public offering of stock on Wednesday, clearing a key hurdle toward repaying taxpayers for a controversial bailout just over a year after its bankruptcy.—
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Mini hopes bigger model bulks up sales

August 22nd, 2010 PartsHub.net Posted in Automotive News | No Comments »

Release of the Countryman — shown here at the New York auto show in April — is a tacit acknowledgement that many in the automaker's customer base simply needs a bigger car.The new Countryman crossover SUV is just four inches wider and six inches taller than the British maker’s classic Mini Cooper.



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Sales stalling, Smart takes to the street

August 21st, 2010 PartsHub.net Posted in Automotive News | No Comments »

With sales stalling, Smart is reviving efforts to get its tiny fortwo cars in front of resistant American drivers. With sales stalling, Smart is tackling the tough challenge of convincing drivers that its fortwo minicar is fun to drive in the city and not too small.



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GM to recall more than 243,000 vehicles

August 20th, 2010 PartsHub.net Posted in Automotive News | No Comments »

General Motors will recall more than 243,000 model year 2009-2010 crossover sport utilities, mainly in the United States, to inspect safety belts for possible damage.—
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GM IPO filing pushed to early next week

August 19th, 2010 PartsHub.net Posted in Automotive News | No Comments »

Dan Akerson, a former CEO at Nextel, will take over from GM CEO Ed Whitacre in September. General Motors Co. has delayed its IPO filing until early next week as it updates its prospectus with the recent CEO change, a source familiar with the situation said on Friday.



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