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Thread: Breaking News

  1. #1

    Default Breaking News

    Source: Automotive News special email alert
    Jamie LaReau - Automotive News - February 18, 2009 - 5:05 pm ET
    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."

    http://www.gminsidenews.com/forums/f...sbanded-75664/


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  2. #2
    Master Mechanic CarpenterGuy's Avatar
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    Default

    well that sucks! they better get back up on their feet. i like corvettes
    2006 Silverado Z71 - 97,000 - totaled, RIP
    2006 Silverado Z71 - 122,000 (K&N 77 Series CAI, PowerAid TBS, Magnaflow dual rear exit, 33x12.50 Mickey Thompson MTZ, Tuff Country Torsion Keys, Tuff Country Add-A-Leafs)
    1966 C10 swb stepside (Gen I 350, Turbo 400 trans, dual cyl power brakes, front discs)
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  3. #3
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    dwill3015's Avatar
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    That's too bad! Maybe they will get overwhelmed by customer requests and will start producing again.
    Darcy
    Washington State
    2006 Silverado 2500HD LT3 4X4 CC SB Duramax LBZ
    Tuff Country 6" lift, 35" Toyo M/T's on 20" Ultra Peacemaker wheels, Quadzilla Stealth2 programmer, Diamond Eye 5" cat-back exhaust, factory Special order color Yellow.

  4. #4

    Default

    i hope those hybrids will have some power. i like a clean environ ment but i really like my vehicle having some get up and go. not to mention the ability to increase that get up and go. to bad we cant seem to have both

  5. #5
    Sr. Mechanic 06piney's Avatar
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    Well that sucks.I hope they start producing again.

    06 Silverado 1500 W/T
    No mods as of yet
    Soon to come (When I get the money that is)

  6. #6

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    I heard about this. not good
    PETE
    95 GMC Sierra 2500
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    1999 Jeep Cherokee, 3" Rustys lift, 33" BFG MT's, locked, armored: Rolled :(
    2000 Jeep Grand Cherokee Limited. K&N Intake, Custom Kolak Exhaust


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