| || ||Thread Tools||Search this Thread|
|19th February 2009, 07:23||#1|
Senior - BHPian
Join Date: Jan 2006
Location: Santa Clara, CA
Thanked: 73 Times
GM disbands unit that creates high-performance vehicles
i think this is the final doing of years of neglect. Look at the Toyotas and Hondas, they are not scaling down and crying poverty like this.
DETROIT -- General Motors, focusing on mainstream products in a battle to survive, has scrapped a unit that produced high-performance vehicles.
GM today disbanded High Performance Vehicle Operations, which is based at the company's suburban Detroit technical center, and redeployed its engineers, said spokesman Vince Muniga.
"All high-performance projects are on indefinite hold," Muniga said. "The engineers are moving into different areas of the organization, and they will work on Cadillacs, Buicks, Chevrolets and Pontiacs."
The unit created low-volume vehicles for GM's divisions designed to appeal to enthusiasts and bolster the company's image. Products included V-series Cadillacs and the Chevrolet Cobalt SS, HHR SS and a V-8 version of the Colorado.
Muniga said there are no plans for high-performance versions of upcoming cars.The move is in the spirit of GM's viability plan delivered to the U.S. Treasury Department on Tuesday. In the plan, GM said its future-product focus is on fuel- efficient cars and crossovers. It also pledged to increase its current offering of six hybrids to 14 by 2012 and to 26 by 2014. GM also boosted its request for federal aid by as much as $16.6 billion.
The High Performance Vehicle Operations unit could be reinstated once GM regains its financial health, GM's Muniga said.
"These guys are pretty good at what they do," Muniga said, "They are moving into different areas to work on core products."
|19th February 2009, 11:01||#2|
Distinguished - BHPian
Join Date: Jul 2006
Thanked: 6,637 Times
Oh!! What a loss!! What a shame!! Now, we'll have to survive only with the Porsches, Ferraris and Lamborghinis!!
|20th February 2009, 23:23||#3|
Senior - BHPian
Join Date: Oct 2008
Thanked: 851 Times
|Thread Tools||Search this Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|Hyundai creates a huge tyre track image to send a message in Space||Tushar||The International Automotive Scene||5||8th May 2015 14:42|
|Video: Ghost of Ayrton Senna, Honda creates it!||vinair||Int'l Motorsport||30||4th October 2013 09:36|
|Manhart Racing creates a V10 powered BMW M3 Wagon||bivin||The International Automotive Scene||5||26th October 2009 01:20|
|Fuel price hike fear creates mad rush in Pune||spadival||The Indian Car Scene||33||2nd June 2008 15:18|
|Chevrolet Creates First Drive-In Fitting Room||revvedup||Shifting gears||0||12th April 2008 03:36|