Chevrolet Avalanche to End its 12 Year Run

2012 Chevrolet Avalanche copyright General Motors

One of the most interesting vehicles will be ending its run this year. The Chevrolet Avalanche basically popularized the crew cab pickup. While it wasnt sold here it did spawn an interesting (and smaller) copycat.

 

2011 Chevrolet Aveo Leaked

The stream of new cars coming out of GM just got a little longer with the new Chevrolet Aveo. The photos (from theGMSource.com) shows the RS version, with the bigger wheels and massive grille, but the new lines do show promise even for the base versions.

 

GM Launches the new 2010 Spark

Ok, so its not exactly called the Spark…yet. But GM Daewoo has launched its Matiz replacement imaginatively called the Matiz Creative. This is the final, production version of the Beat concept car showed last 2007. The new Matiz has two more doors than the concept and, of course, doesn’t transform into a small robot.

 

GM Bondholders Agree to New Deal

The newswires are alive with news that GM’s unsecured bondholders have agreed to a new deal to swap their debt for equity in the “new” GM.

According to MSNBC, GM bondholders will still get 10% of the company in exchange for giving up $27 billion in debt. As a sweetener, GM would give them the option to buy up to 15% if they did not oppose the government sponsored deal. They also called the government’s bluff that there was a substantial risk that they would get even less should GM file for bankruptcy.

 

Cars that can save GM now…

No, its not the 2-seat wheelchair called the P.U.M.A, but these 4 cars listed below. Combined, they are capable of selling more than 500,000 units worldwide annually. But more importantly, they’ll help repair the tarnish of the bow-tie badge. Better styling, upscale interior appointments, and a better range of engines should move more people into the showrooms in the next few months. I just hope that the bring over these products already as GM is really starved of anything to compete against the Toyotas and Hondas. BTW, all these cars are in production now…