Top Rides of 2008

No-interest loans, for up to 6 years, on models including pickups and SUVs

(NEWSER) - General Motors is offering no-interest financing for up to 6 years on a selection of its 2008 automobiles in an effort to boost US sales, which plummeted 16% in May, Bloomberg reports. Soaring gas prices have hurt sales across the board, and falling trade-in values and general tightening of purse-strings have left fewer Americans looking for new cars. More»

At least 5 vehicles caught fire thanks to washer fluid

(NEWSER) - General Motors is recalling 1.5 million vehicles in the wake of reports that at least five have caught on fire thanks to a problem with their heated windshield washer system. The recall covers vehicles made from 2006 to 2009 across a host of lines, including Buick, Cadillac, Chevy, and GMC—you can see a more complete list at the Detroit News . More»

(NEWSER) - Recession be damned, desire for the 2010 Chevrolet Camaro far outstrips supply—and some dealers are even charging a premium for the sporty new ride, USA Today reports. “Our current production schedule can’t meet the demand,” a General Motors spokesman said. But “that supply-demand tension is good. We don’t want to over-produce, nor do we want people waiting an unreasonable amount of time.” More»

(NEWSER) - General Motors will file for bankruptcy protection Monday, insiders tell Bloomberg. The company has apparently decided that it cannot make the government-mandated June 1 deadline to shed $44 billion in debt. The timeline is unclear, but bondholders' agreement today to forgive debts in exchange for a stake in the “new” post-bankruptcy GM apparently helped the company firm up its course of action. More»

Reworked car could be Detroit's savior

(NEWSER) - General Motors hopes to muscle its way back from the brink of bankruptcy by reintroducing the Chevrolet Camaro, a macho stud-machine that is flexed to impress, Joseph Szczesny writes in Time. “The new Camaro goes well beyond the old-fashioned ‘Detroit iron’ of the 1960s and '70s,” writes Szczesny, who test-drove the growler and praises its blend of brains and brawn. More»