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Cadillac News

News on Cadillac continually updated from thousands of sources around the net.

13 hrs ago | Shanghai Daily

GM moves away from SUV trend

“It's a sea change in the type of vehicle that Americans are going to be driving”

GENERAL Motors Corp may be forced to break up a seven-decade marriage of pickups and large sport-utility vehicles as Americans restrict the fossil-fuel diet of their transportation. via Shanghai Daily

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21 hrs ago | MLive.com

GM buys its Detroit headquarters for $626 million

“We opted to purchase it outright because of the condition of the real estate market”

General Motors Corp. said Thursday that the shaky real estate market convinced the automaker that it was a good time to buy its previously leased headquarters in downtown Detroit's towering Renaissance Center ... via MLive.com

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Thursday | KIMA

GM to pay up to $200M to help end American Axle strike

General Motors Corp. says it will pay up to $200 million to help bring an end to a crippling labor dispute at parts supplier American Axle and Manufacturing Holdings Inc. via KIMA

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Thursday | Bizjournals

Production to resume Monday at GM's Wentzville assembly plant

St. Louis Business Journal - by Matt Allen Regular production at General Motors Corp. via Bizjournals

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Related Topix: Saturn, GMC, Pontiac, Buick, Chevrolet

Wednesday | Reuters RSS Reuters.com

Fitch says GM and Ford face heavy cash drains this year

“In the absence of a rebound in economic conditions and industry sales through 2009, both companies are likely to remain cash-flow negative during this period”

General Motors Corp and Ford Motor Co will continue to face heavy cash drains in 2008 and are expected to burn cash through 2009 unless industry sales rebound, Fitch Ratings said on Wednesday. via Reuters RSS Reuters.com

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Related Topix: Saturn, GMC, Buick

Wednesday May 7 | The Post and Courier

Bellwright's ills reveal small-business perils

“Our philosophy is, where there's life, there's hope”

The survival of a longtime Summerville manufacturer whipsawed by the loss of several big contracts and plummeting revenue now hinges on a quick sale of the business. via The Post and Courier

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Tuesday May 6 | Canadian Business Magazine

Talks resume at striking General Motors Fairfax plant in Kansas

“Our main focus is on resolving the dispute at Fairfax”

KANSAS CITY, Mo. - Workers at a General Motors Corp. plant that assembles the popular Chevrolet Malibu remained off the job for a second day Tuesday as negotiators resumed talks aimed at ending the walkout. via Canadian Business Magazine

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Related Topix: Saturn, GMC, Pontiac, Oldsmobile, Chevrolet

Tuesday May 6 | MLive.com

GM, Toyota, Ford won't follow Chrysler with gas subsidies

“It really didn't do much to drive sales, and it really was for consumers more an issue of do vehicles really get good fuel economy or not?”

Ford Motor Co., General Motors Corp. and Toyota Motor Corp. have no plans to match Chrysler LLC's offer to subsidize the cost of gasoline for car and truck buyers, the companies said Tuesday. via MLive.com

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Related Topix: Saturn, GMC, Pontiac, Oldsmobile, Buick

Tuesday May 6 | WHIO-AM Dayton

GM Gets Lordstown Deal

General Motors Corp. employees at a stamping plant in northeast Ohio have reached a tentative contract. via WHIO-AM Dayton

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Tuesday May 6 | The Associated Press | Posted by The Associated Press

Classic Cadillacs turned into show cars at garage near NYC

“Cadillacs in the '50s, they were the epitome of bourgeois America. I mean, that was it!”

In a repair shop packed with Cadillacs _ the classic kind with fins, whitewall tires, curvy chrome bumpers and V-8 engines that get miles per gallon you can count on your fingers _ Elsa Nicodemus showed off a favorite.

It's a 1956 Series 62 convertible with an obsessively polished aqua paint job, rocket cones poking out from the front grill and an engine that runs with a hushed chug.

'Now you're going to know the difference between a Ford and a Chevy and a Cadillac,' she said, opening the driver's door. Even the black and aqua leather seats shine. 'This is an automobile.' Read more

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Related Topix: Metal, Nicodemus, Cadillac DeVille

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