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October 1, 2009

GM to Close Saturn After Penske Deal Collapses

After its deal with Penske Automotive Group Inc. collapsed, General Motors announced late Wednesday that it will begin winding down the Saturn brand and its dealership network.

September 30, 2009

Penske Ends Discussions to Acquire Saturn From GM

Penske Automotive Group Inc. today announced that it has terminated its discussions with General Motors Company to acquire the Saturn brand, citing concerns directly related to the future supply of vehicles beyond the supply period it had negotiated with GM.

September 29, 2009

GMAC Offers New Dealer Incentives

Starting Thursday, Oct. 1, GMAC Financial Services will begin rewarding loyal General Motors and Chrysler dealers with cash, remarketing services and other perks.

September 29, 2009

Dealer Floorplan ABS Resilient Despite Recession and Automaker Bankruptcies

Auto dealer floorplan asset-backed securities (ABS) continue to perform and remain resilient despite the recession and the bankruptcies of two domestic automakers, said ratings firm DBRS.

September 23, 2009

GM Selects Chrome Systems' Accessories Marketing Tool

General Motors selected Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., as the exclusive provider of a fully integrated accessories solution that GM is now offering its dealers.

September 2, 2009

GM and eBay Motors Website Available Through September

eBay Motors and General Motors Company extended the availability of its Website,, until Sept. 30, giving consumers more opportunity to purchase vehicles from participating California Chevrolet, Buick, GMC and Pontiac dealers.

August 21, 2009

GM-eBay Program Bumps Consumer Purchase Intent Up 10 Percent, Says

Since the General Motors-eBay program launched, the number of site visitors conducting GM vehicle pricing research has jumped 10 percent higher in California than it has in the other 49 states, according to

August 20, 2009

GM Provides Dealers With Advances for Cash for Clunkers

General Motors said today that it will begin providing cash advances to cover its dealers' Cash for Clunkers rebates until they are reimbursed by the government.

August 18, 2009

GM Sells Saab to Swedish Automaker

General Motors Co. confirmed today it has signed a stock purchase agreement with Swedish automaker Koenigsegg Group AB regarding the sale of Saab Automobile AB.

August 10, 2009

eBay Motors and GM Unveil Website for California Car Buyers

eBay Motors and General Motors Company launched a new Website today that allows consumers to purchase new cars, crossovers and trucks online from participating California Chevrolet, Buick, GMC and Pontiac dealers.