GM invests for future engine growth

General Motors is to invest $119 million in tools and equipment to support production of future vehicle components at its Grand Rapids, Michigan operations, creating approximately 300 future jobs.

Europe: Chevy out but Caddy stays

General Motors does not seem to know what to do in Europe: it is kicking out the Chevrolet brand, but giving Cadillac some extra shine. Why not dump Cadillac too? And why go to the expense of developing a new diesel for the brand?

The decision to withdraw Chevrolet from Europe was made to "clear the runway for Opel and Vauxhall," claims Dan Ammann, president of General Motors and chairman of Opel's supervisory board.