GM has announced that its current CEO, Ed Whitacre is going to step down on September 1, 2010 and that his title of Chairman of the Board will terminate at the end of 2010.

Whitacre is going to be replaced by Dan Akerson, who has served on the GM board of directors since July 2009.

"My goal in coming to General Motors was to help restore profitability, build a strong market position, and position this iconic company for success," said Whitacre. "We are clearly on that path. A strong foundation is in place and I am comfortable with the timing of my decision."

"There are remarkable opportunities ahead for the new GM, and I am honored to lead the company through this next chapter," said Akerson. "Ed Whitacre established a foundation upon which we will continue building a great automobile company."

GM unveiled a concept version of the Regal GS at the Detroit Auto Show in January, but at the time GM would not say if it was going to actually be produced (it made sense that it would). Well Tom Stephens, vice chairman of global product development, confirmed exclusively to The Detroit News that the Regal GS has been approved for production.

Stephens did not give any other details about the high-performance version of the Regal. The Regal GS concept was powered by a turbocharged 2-liter engine with an estimated 255 horsepower that was mated to a six-speed manual and all-wheel-drive.

It's obvious that GM needs more models like this to bring in a younger buyers with the average Buick buyer coming in at 65 years old. Although that is lower than the average age of 72 several years ago.

The production version of the Regal GS could hit showrooms as early as next year.

Last week GM announced that it paid off its government loans early and now GM has announced plans to invest $890 million a new generation of fuel efficient small block truck and car engines.

"GM is investing in our plants, restoring and creating jobs and making progress toward our vision of designing, building and selling the world's best vehicles," said Mark Reuss, president of GM North America. "These latest investments show our commitment to improving fuel economy for buyers of every GM car, truck and crossover and giving them the best possible driving and ownership experience."

The next generation small block engines will be more fuel efficient thanks to direct injection and an all-new advanced combustion system design. The engines will also use aluminum engine blocks and be E85 ethanol capable.

The investment is expected to create or retain more than 1,600 jobs.

GM Chairman and CEO Ed Whitacre announced this morning that the automaker has made its final payment of $5.8 billion to the U.S. Treasury and Export Development Canada, ahead of schedule. The announcement was made at a ceremony to highlight an investment of $257 million at GM's Fairfax, Kansas, and Detroit Hamtramck assembly centers.

"GM is able to repay the taxpayers in full, with interest, ahead of schedule, because more customers are buying vehicles like the Chevrolet Malibu and Buick LaCrosse we build here in Fairfax," said Whitacre. "We are now building some of the best cars, trucks, and crossovers we have ever built, and customers are taking note. Our dealers are increasing their sales, we are investing in our plants, and we are restoring and creating jobs."

The U.S., Canadian, and Ontario governments gave GM loans of $8.4 billion and took equity stakes in the new GM. Today's payment of $5.8 billion ($4.7 billion to the U.S. Treasury and $C1.1 billion to Export Development Canada) completes the payback of the loans.

"GM's ability to pay back the loans ahead of schedule is a sign that our plan is working, and that we are on the right track. It is also an important first step toward allowing our stockholders to reduce their equity investments in GM," said Whitacre. "We still have much hard work ahead of us, but we are making progress toward our vision of designing, building, and selling the world's best vehicles.

GM also stated that sales of GM's four brands are up 36 percent through March versus the same period in 2009.

After the release of the upcoming Buick Regal, Buick's next sedan will be a small sedan based on the Opel Astra, dubbed the Buick Excelle. The Buick Excelle that is pictured here without any camouflage is expected to officially debut at the Beijing Motor Show later this month.

The Excelle is expected to be released in the US in 2011.

Expect more details from the show.

GM has announced that the 2010 Buick LaCrosse is now available with the 182-hp Ecotec 2.4L four-cylinder engine.

"As Buick continues its transformation, new products like the 2.4L-powered LaCrosse CX are helping us reach all-new customers," said Craig Bierley, Buick's product marketing director. "It gives them a fuel-efficient option that's simply not available with the competition."

The 2.4L LaCrosse CX starts at $26,995 and gets an estimated 30 mpg on the highway and 19 mpg in the city. GM has also announced that the 2011 LaCrosse will only be available with either the 2.4L or 3.6L V6. The 3.0L V6 is going to be discontinued.

GM has yet to officially confirm the 2012 Buick Regal GS, but judging by all the buzz surrounding the model, it's a for sure thing.

Bob Lutz, GM's Vice Chairman, recently spoke to Inside Line about the Regal GS and stated that there have been numerous discussions debating whether the car should have all-wheel-drive. GM is trying to decide if it is worth the extra cost and added weight. Lutz didn't provide any details about what will power the GS, but he did say that they were less than overwhelmed with the performance of Opel's turbo V6. Which means that when the Buick Regal GS does arrive, it may be powered by a turbocharged four-cylinder instead.

GM has announced plans to invest $494 million to produce the next generation Ecotec engines. The investment will also create nearly 550 jobs.

There will be three plants involved in the investment, Tonawanda, NY; Defiance, OH and Bay City, MI. At the Tonawanda plant, GM plans to invest a whopping $425 million, which is where the engines will be produced. In Defiance, GM will invest $59 million and the Bay City plant will get $10.5 million.

"GM is transforming its product portfolio to reduce fuel consumption and emissions, and the next generation Ecotec engine is an integral part of that transformation," said Denise Johnson, vice president - labor relations. "The investment in state-of-the-art four-cylinder engines is another example of GM's commitment to replace larger-displacement engines with more compact, advanced four-cylinder engines that optimize fuel savings and performance. We look forward to working with our union partners at these three plants to make this investment a success."

Currently the Ecotec engines come in 2.0, 2.2 and 2.4L displacements.

GM has announced the pricing for the 2011 Buick Regal. The 2011 Buick Regal is going to start at $26,995 for the Regal CXL that is powered by the 182-hp 2.4-liter Ecotec four-cylinder engine. The CXL will be the only trim offered for the 2011 model year with others going to be added for 2012. The Regal's CXL turbo model will start at $29,495 and is powered by a turbocharged 220-hp 2.0L engine. The turbo model will be available late-summer 2010. Both engines are mated to a six-speed automatic. The 2.4L gets 30 mpg on the highway, while the 2.0L gets 29 mpg.

"The Regal is the next chapter in Buick's transformation and we're excited to bring this Buick sport sedan to market," said Craig Bierley, Buick Marketing Director. "The dynamic driving experience and intuitive, personal technologies offer customers a premium sport sedan for great value."

Just in case you haven't heard the news, the Buick Regal is back. The 2011 Buick Regal is basically a Buick version of the Opel Insignia sold in Europe. Ever since GM officially announced the introduction of the Regal, enthusiasts have been waiting eagerly to hear if GM is planning a high-performance version based on the Opel Insignia OPC. Well GM has unveiled the Regal GS Concept, which is somewhat based on the Insignia OPC.

The Regal is only going to be sold with four-cylinder engines, so that means even the high-performance version isn't going to get the 325-horsepower turbocharged V6 from the Insignia OPC. Instead the Regal GS is powered by a higher output version of the 2.0-liter direct-injected EcoTec four-cylinder that has been in other GM models. The engine puts out 255 horsepower and 295 lb-ft. of torque. The engine is also mated to a six-speed manual transmission and an adaptive all-wheel-drive system.

As of right now GM is not announcing if this car will be produced, but it is very likely.

GM has announced the pricing for the 2010 Buick LaCrosse that is equipped with the direct-injection 2.4L four-cylinder engine. The 2010 LaCrosse CX starts at $26,995.

"We're pleased to announce a competitive price for this new engine," says Craig Bierley, Buick's product marketing director. "New customers have been attracted to the LaCrosse by its sculpted design and luxurious interior, and now the new 4-cylinder engine gives fuel-conscious customers a new choice not even offered by our competitors."

The 2.4L four-cylinder puts out 182 horsepower and 172 lb-ft. of torque. It's mated to a six-speed automatic transmission and is expected to get 30 mpg on the highway and 20 mpg in the city.

Buick expects about 25 percent of customers will opt for 2.4L-equipped models.

Wow that was fast! GM's CEO Fritz Henderson has stepped down. This has been quite a year for GM, since this is now the second CEO that GM has lost this year.

It's not exactly known why Henderson has stepped down, but the past few months GM has had a rough time offloading Opel, Saab and Saturn. All three deals that were expected to conclude fell through. It's also being reported that there was some clashing between Henderson and Chairman Ed Whitacre.

Chairman Ed Whitacre is going to act as the interim CEO until a replacement is found.

GM has unveiled the Excelle XT in Buick's biggest market, China. The Excelle XT is basically a rebadged version of the new Opel Astra.

The Excelle XT will be available with three engine choices, a 181-hp 1.6L turbocharged four-cyl, 116-hp 1.6L and a 138-hp 1.8L engine. The Excelle is based on the same platform as the Chevy Cruze.

"The Excelle XT carries the same self-confident air as its sibling, the popular Buick New Regal sedan," said Shanghai GM Vice President Terry Johnsson. "When people see this car, they'll notice its presence, stance and proportions. When they get inside, they'll recognize its craftsmanship and attention to detail. And when they get behind the wheel, they'll appreciate its responsiveness and excellent handling."

The US is expected to get a sedan version of the Excelle XT, but it is not known if the Excelle name will be on the model sold here.

A Buick with a manual transmission? It's true. At a press event today in Michigan, GM's Jim Federico confirmed that the 2011 Buick Regal will have an available six-speed manual transmission.

The 2.0L turbocharged Regal, which will arrive shortly after the car's launch early next year, will indeed be offered with a six-speed manual.

Many of us have always thought of Buick as the old man's car. It looks like GM is trying to change that...

Last week GM officially unveiled the 2011 Buick Regal, which many of you may easily recognize as the Opel Insignia with a Buick grille. Well it looks like GM has more in the works than just the front-wheel-drive four-cyl powered Regals that were unveiled.

Bob Lutz confirmed that GM is discussing the possibility of 335-hp all-wheel-drive model, which makes sense, since Opel offers the Insignia OPC with a 325-hp turbocharged engine and all-wheel-drive. In addition to a more powerful Regal, Lutz also stated that GM is considering a Regal Sport Wagon.

GM has unveiled the model that signifies the return of the Buick Regal. The 2011 Buick Regal will officially return to the US in 2010. Most of you will recognize the Regal as the Opel Insignia that is sold in Europe, with a Buick grille. The Regal has also been on sale in China.

The 2011 Regal shares its platform with the new LaCrosse, but is over six inches shorter with a wheelbase that is also four inches shorter. The Regal is only going to be offered with four-cylinder engines. The standard engine is the same 182-hp 2.4L from the LaCrosse. The optional engine is a turbocharged 2.0L with 220 horsepower. Both engines are mated to a six-speed automatic transmission. The 2.4L Regal will be available in the first half of 2010 and the turbo will launch by late summer.

GM is hard at work on fixing Buick's portfolio. It was just announced that the Regal name is going to return on Buick's next mid-size sport sedan. The announcement was made at the Buick GMC dealer business meeting.

"The transformation of Buick began with our luxury crossover, the Buick Enclave and continued this year with the launch of the 2010 LaCrosse premium sedan," said Susan Docherty, Buick GMC General Manager. "We're thrilled to announce that the Regal will be the next member of the Buick family."

The Regal name hasn't been used on a Buick model in six years, but it continues to be one of the top nameplates that consumers remember.

GM did not release any details on when it will return.

GM newest release on the recently launched site "The Lab" features a new Buick concept, the Buick Avant, which is meant to study the possibility of small premium models.

"We agreed that a small premium vehicle shouldn't be viewed as a compromise in any way," says Andrew Smith, Director of Advanced Design at GM's tech center in Warren. "It isn't a vehicle you buy when you can't afford the larger size version. It should be unapologetic of size and just make you feel great."

In total GM came up with six exterior and four exterior designs.

A new study by Consumer Reports claims that 81 percent of respondents who stated that they are looking to buy a new car, would consider a domestic brand. This compares to only 47% for an Asian vehicle and 46% for a European brand.

Of course not every domestic automaker is equal. Ford has benefited the most with a 17 percent increase compared to a year ago. GM interest is only up 6 percent, while Chrysler is down 25 percent among new car buyers.

"The Detroit 3 have been in the spotlight all year," said Rik Paul, automotive editor, Consumer Reports. "Ford was the only one of the Detroit 3 that did not seek federal assistance, and this has likely helped bolster its reputation among car buyers."

Out of those surveyed only 9 percent are likely to buy a car in the next year compared to 19 percent a year ago.

In a surprise move, GM has decided to stop putting the silver corporate logo on its vehicles in an attempt to emphasize the four brands that survived GM's bankruptcy.

The decision was made earlier this month and will start with the 2010 model year.

"We are just really focused on the four core brands and this provided us with another opportunity to make sure they were at the forefront," GM spokesman Terry Rhadigan said.

According to Rhadigan people outside the midwest do not always link Cadillac or Chevy with GM.

In a surprising move, GM has canceled the upcoming Buick crossover that was announced last week.

The Buick crossover would have simply been a rebadged Saturn Vue, but negative feedback from the media, GM employees and dealerships has caused GM to rethink the idea. According to Michelle Bunker, Manager of Buick Communications, the vehicle did not fit with the direction the automaker said it was taking the Buick brand.

Although the rebadged Vue is no longer headed to the Buick brand, the Vue's plug-in hybrid powertrain will continue on in another vehicle and is still on track for 2011.

At least GM is finally responding to feedback and killing vehicles that we simply don't want or need...

In addition to the announcement about the Chevy Volt, GM has also announced plans to introduce 25 new models between now and 2011.

Chevy is going to introduce 10 new models; Buick and GMC will also introduce 10 new models, including a a Buick plug-in hybrid compact crossover in 2011; Cadillac is introducing five new models through 2011.

One of Cadillac's new models will be a new entry-level sedan that will slot below the CTS in the lineup. The new sport sedan will be offered in rear-wheel-drive and all-wheel-drive versions.

"We are determined to repeat what CTS has already achieved in design, quality, driving dynamics, performance and fuel economy to grow our presence in this high-volume and highly competitive segment," Henderson said.

GM's new chairman, Ed Whitacre has announced that the automaker will release some new models sooner than originally planned to regain some of the market share that its lost.

GM is fresh out of bankruptcy, but received $50 billion in federal aid, which will help it regain some of its losses. GM's market share dropped to 18.9 percent last month down from 20.5, which was more that 50 percent decades ago.

"Our cash position is good," Whitacre said. "We have some flexibility."

Whitacre did not announce which models we can expect to see sooner, but GM's market share is expected to further erode since it is selling or phasing out the Saturn, Saab, Hummer and Pontiac brands.

GM has officially exited Chapter 11 bankruptcy proceedings and what's left is what GM is now referring to as the "new" GM.

"Today marks a new beginning for General Motors, one that will allow every employee, including me, to get back to the business of designing, building and selling great cars and trucks and serving the needs of our customers," said Fritz Henderson, president and CEO. "We are deeply appreciative for the support we have received during this historic transformation, and we will work hard to repay this trust by building a successful new General Motors."

The new GM consists of four core brands: Cadillac, Buick, Chevrolet and GMC, which means a total of only 34 nameplates. Less GM models will allow GM to focus more attention on making each model more competitive. In addition the new GM has a more competitive cost structure, a cleaner balance sheet, and a stronger liquidity position that will enable GM to invest in new products, key technologies, and its future.

The U.S. Treasury department reportedly owns 60 percent of the new GM, while Canada holds 11.7% and the UAW holds 17.6%.

GM has announced this morning that the former AT&T CEO, Edward Whitacre, Jr. will become chairman of the "new" GM when the company is launched this summer. GM's interim Chairman Kent Kresa will continue to serve as interim chairman until the launch.

"The appointment of Ed Whitacre as chairman represents a very auspicious beginning for the New GM," said Kresa. "We look forward to working with him to complete the reinvention of GM and maximize the enormous potential of this new enterprise."

Whitacre and Kresa will join current board members Philip A. Laskawy, Kathryn V. Marinello, Erroll B. Davis, Jr., E. Neville Isdell and President and Chief Executive Officer Frederick A. Henderson will serve as the board for the new GM. The six other members of the board will likely retire.

"I am honored to be able to serve GM at this critical juncture and take part in its reinvention," said Whitacre.

Well it was Chrysler last month and now as many people expected, GM has filed for Chapter 11 bankruptcy.

GM has officially filed for bankruptcy in a New York court citing $82 billion in assets, but an astounding $172 billion in debts. Although GM for most of its 100-year history has managed to hold the title as the world's largest automaker, the automaker has seen its sales drop almost 50 percent this year.

“Today marks a new beginning for General Motors,” GM Chairman Kent Kresa said in a statement this morning. “A court-supervised process and transfer of assets will enable a New GM to emerge as a stronger, healthier, more focused and nimbler company with a determination not to just survive but to excel.”

The process will see GM divided into two groups, good assets and bad assets. The good assets will become part of the new "leaner" GM and the bad assets will be liquidated. To aid in the process the U.S. treasury is going to provide an additional $30 billion to finance GM during the bankruptcy, which brings the total to almost $50 billion.

Just like Chrysler did yesterday, GM has announced plans to close 1,100 of its "underperforming" dealers.

Although GM has identified the 1,100 dealers that will be closed, the automaker is not closing any dealerships today. GM will be working with the dealerships over the next few weeks to come up with a long term plan. It is expected that their will be a wind-down of the affected dealers over the next year. This is in contrast to Chrysler's plans to close its affected dealers by June 9th.

GM likely to announce more dealer cuts in the future since the automaker wants to pare down its network from 5,969 stores to approximately 3,600 by the end of 2010.

Following yesterday's photo leaks, GM has officially unveiled the next-generation 2010 Opel Astra ahead of its unveiling at the Frankfurt Motor Show this fall.

The 2010 Astra borrows styling cues from the mid-size Insignia. The new Astra has more interior room thanks to a longer wheelbase. It also features a cab-forward design that exhibits Opel's new design language, sculptural artistry combined with German precision. The wing and blade design cues on the exterior are also used on the inside.

There are a total of eight engines that will be offered, four diesel and four gasoline powered. The diesel engines range in size from 1.3L to 2.0L units, putting out between 95- 160 horsepower. The four gasoline engines put out from 100hp to 180hp.

Now that Saturn is dead, it's been rumored that Buick will receive this new Astra.

A new document has surfaced that reports that GM is planning on selling vehicles it makes in China, in the US by 2011. The document that was given to lawmakers reports that GM plans on selling 17,335 units of China-made vehicles in the U.S. by 2011 and hopes to increase that number to 51,546 by 2014 according to the Automotive News.

The plan does not reveal which vehicles the US will receive, but the 50,000+ vehicles only represents 1.6 percent of the planned 3.1 million vehicles GM expects to sell in 2014.

Of course union leaders are not too happy about the plan.

Now that Saturn has one foot in the grave, GM is looking at other ways of selling Opels in the US. The newest rumor claims that Buick is going to receive a version of the small Astra.

If these rumors are in fact true, Buick will be getting a new small car in 2011 as a 2012 model. It's not yet known if the Buick will use the Astra name or get something entirely new. It's also not known if it will be a hatchback, a sedan or both. Saturn was expected to get three and five-door versions of the next Astra.

Does Buick really need a new small car? This rumor brings back memories of the not so great Skylark.

Following the announcement of Chrysler's bankruptcy yesterday, attention is now focusing on what will happen to GM at the end of this month.

GM has a deadline of June 1st to convince 90 percent of its bondholders to swap $27 billion in debt for a 10 percent stake in the company. If the United Auto Workers and bondholders cannot agree to money-saving concessions by the end of the month, GM could also be forced to file for Chapter 11 bankruptcy.

"When there is a lot of bluffing going on in any negotiation, this shows the government is serious," said Jeremy Anwyl, chief executive officer of Edmunds.com

Earlier this week GM announced an updated Viability Plan that announced the death of Pontiac, more plant and dealer closures and more job cuts in an effort to qualify for more government aid.

Currently GM and its bond holders remain far apart on an agreement to swap debt for stake in the company. GM originally offered a 10 percent stake in exchange for $27 billion in debt, but the bond holders quickly counter offered with a deal that would give them a 58 percent stake in the company.

GM's current exchange offer expires on May 26.

Buick chose the Shanghai Auto Show to unveil the Buick Business Concept MPV.

The Buick Business Concept is meant to showcase Buick's future vision of "business class on the road." The MPV was developed in China by the Pan Asia Technical Automotive Center. Designers started with the design language that was established by the Riviera concept car and applied it to an MPV architecture.

"The Business Concept Vehicle has a grand presence and makes a strong statement when it pulls up to the front of any establishment," said Ed Welburn, GM Vice President of Global Design. "The Chinese market and business person have some unique requirements. Our team has responded with an elegant solution to their business and personal needs."

The Business Concept is powered by a 2.4L four-cylinder with direct-injection mated to a six-speed automatic transmission. The concept has also been designed to accommodate the next-generation GM Hybrid system. The new system builds upon the belt-alternator-starter hybrid technology and improves fuel-economy by 20 percent.

Buick has announced the pricing for the all-new 2010 Buick LaCrosse.

The 2010 LaCrosse CX starts at $27,835 and that includes a new 255 hp 3.0L direct-injection V6 mated to a six-speed automatic transmission and standard 17-inch wheels.

The CXL FWD at $30,395 adds heated leather seats, automatic climate control, fog lamps and 18-inch wheels. The CXL AWD starts at $32,570. The top of the line CXS starts at $33,765 and includes a 280 horsepower 3.6L V6, leather heated and cooled seats, and chrome-plated 18-inch wheels.

General Motors has launched a new customer protection package called GM Total Confidence to encourage people to start buying cars again.

The new package is similar to what Hyundai launched a few months ago, although GM's version goes a bit further to help potential buyers. The payment protection plan will pay your car payment up to nine months if you lose your job within the first two years of vehicle ownership ($500 max per month). The residual value of the buyer's vehicle is also protected and one year of OnStar is also included.

The GM Total Confidence plan is available for vehicles purchased between April 1 - April 30, 2009.

J.D. Power and Associates has released its 2009 Vehicle Dependability Study.

This year Buick and Jaguar tied for the top spot dethroning Lexus from the top spot, which its held for the past 14 years. Lexus came in at no. 3 followed by Toyota at no. 4 and Mercury at no. 5.

“Buick has ranked among the top 10 nameplates each year since the study was last redesigned in 2003, while Jaguar has moved rapidly up the rankings,” said David Sargent, vice president of automotive research at J.D. Power and Associates.

Land Rover, Volkswagen and Suzuki received the lowest ratings in the survey.

GM released its Viability Plan yesterday in which the automaker revealed its plans to return the company to profitability. Today GM has announced that it is disbanding its high-performance unit.

This team was responsible for the development of the V-series Cadillacs and the Chevrolet Cobalt SS, HHR SS and a V-8 version of the Colorado.

"All high-performance projects are on indefinite hold," spokesman Vince Muniga said. "The engineers are moving into different areas of the organization, and they will work on Cadillacs, Buicks, Chevrolets and Pontiacs."

There are currently no plans for high-performance versions of future vehicles.

The team could be reinstated once GM is back in the black.

Just as Chrysler submitted its Viability Plan to the U.S. Treasury Department, GM also submitted its own plan which detailed the automaker's plans to turn the company around. In Chrysler's plan the new Chrysler 300 and Jeep Grand Cherokee were revealed. GM also revealed a new model in its plan as well, the production version of the Cadillac CTS Coupe.

In addition to the CTS Coupe, GM also detailed plans for a new dual-clutch transmission, a new range of four-cylinder engines, a production version of the Cadillac Converj and a third generation hybrid system that will be released by 2015.

GM has already received $13.4 billion in loans from the U.S. goverment, but in its viability plan, the automaker asked for an additional $16.6 billion.

Part of GM's restructuring plan is to focus on its core brands; Chevrolet, Cadillac, Buick and GMC. GM is going to make a decision by the end of March if it will sell or phase out the HUMMER brand. Saab is currently on the market and Saturn is going to be phased out at the end of the current product cycle.

Yesterday GM officially took the wraps off the all-new 2010 Buick LaCrosse.

Here are two videos of the new LaCrosse. One is of the designers and engineers discussing the new LaCrosse and the other shows the LaCrosse in action.

The 2010 LaCrosse is powered by either a 255 horsepower 3.0L V6 or a 280 horsepower 3.6L V6. Both engines are mated to a six-speed automatic transmission and all-wheel-drive is available.

The LaCrosse will be officially unveiled at the Detroit Auto Show in a few days.

GM has officially unveiled the all-new 2010 Buick LaCrosse, which will be officially unveiled in a few days at the Detroit Auto Show.

The all-new LaCrosse further defines Buick's current global design theme, which was previewed with the Invicta Concept at the 2008 Beijing Auto Show.

For 2010 the LaCrosse is available with either of two V6 engines, a 255 horsepower 3.0L V6 or a 280 horsepower 3.6L V6. Both engines are mated to a six-speed automatic transmission and all-wheel-drive is available.

Inside there is a new two-tone interior that features an in-dash navigation, Bluetooth connectivity, an auxiliary audio input and a USB port. A DVD entertainment system for the rear seat passengers is also available.

Notable safety features are the Side Blind Zone alert that notifies the driver if there is another vehicle in the driver's blind spots, an available head-up display in the windshield, and an available adaptive lighting package.

Production of the new LaCrosse starts this summer.

Finally a Buick that isn't incredibly boring.

Today Congress is meeting to discuss the details of the $25 billion bailout plan for U.S. automakers. Debates are going back and forth from both sides on how to solve this problem. Some senators are now even saying that the CEO's of the Big 3 should consider stepping down from their positions if that is what it will take for Congress to approve the plan.

During an interview yesterday on NBC’S “Meet the Press”, Michigan Sen. Carl Levin stated I’d be happy to tell (GM CEO) Rick Wagoner that he ought to consider resigning if that is the difference between getting this kind of support and not. If it was the difference between getting this kind of support or not, obviously the management should consider resigning."

GM has put together an informational video of what it predicts will happen if the Big Three automakers all fail next year.

Some highlights:
-If all three fail next year it will result in 3 million U.S. jobs lost in the first year
-Total governement tax loss over three years = $156.4 billion
-The U.S. GDP would drop 4 percent, compare that to the fact that the current economic downturn was caused by a .3 percent drop
-One out of every ten jobs in the U.S. relies on the U.S. auto industry

These past few weeks have been really bad for GM and now comes news that the automaker has canceled all of its press events at the LA Auto Show next week.

It's already been reported that GM canceled plans to unveil the new Buick LaCrosse and the production version of the CTS Coupe at the show. GM spokesman Scott Fosgard told the Detroit News that all of GM's bad financial news and the pending government bailout would have overshadowed the show.

Instead of showing anything new GM is going to bring the Chevy Volt and the Saab 9-4X Air Concept that was unveiled in Paris.

Very sad...

Last week GM reported that it lost $2.5 billion in the third quarter of 2008, while spending $6.9 billion. Today General Motors stock has plunged more than 31 percent to their lowest level in more than 55 years after two analysts downgraded GM's stock claiming that it will be worth very little of nothing if GM does receive a government bailout.

Deutsche Bank analyst Rod Lache reduced GM to sell and put a price target of $0 a share.

"Without government assistance, we believe that GM's collapse would be inevitable, and that it would precipitate systemic risk that would be difficult to overcome for automakers, suppliers, retailers, and sectors of the U.S. economy," Lache wrote. "As part of GM's restructuring, we are also convinced that a large number of stakeholders who are senior to GM's equity will have to settle for pennies on the dollar."

GM launched the "Employee Pricing for Everyone" campaign last month to move the remaining 08' models and a few 09' models off dealer lots...well GM has extended the program until the end of September.

GM has released a single teaser photo of the all-new 2010 Buick LaCrosse.

GM has announced the return of employee pricing for its 2008 models and the 2009 Pontiac Vibe.

This month has been a very difficult month for GM with its declining sales and plans to reduce costs by $15 billion by the end of 2009.

GM’s CEO Rick Wagoner announced today the many new steps that GM is going to take to cut costs by $15 billion by the end of 2009.

It's widely known that GM is currently conducting a review of the HUMMER brand which will most likely result in the brand being sold or eventually killed. GM is claiming that no other brands are currently under review.

2008 is half way over and its been a very difficult six months for most automakers. GM which saw its sales decline 16.3 percent so far this year may be thinking about cutting even more jobs and possibly selling off some of its brands.

Buick officially took the wraps off the Invicta Concept today at the Beijing Auto Show.

Production of GM's Lambda SUVs (Outlook, Acadia and Enclave) came to a halt when UAW hourly workers went on strike at GM's Lansing, Michigan plant.

Buick officially unveiled the new Lucerne Super at the New York Auto Show last year, but it isnt actually being released until this month. In additon to the new "Super" model, Buick is also releasing a Lucerne CXL Special Edition.

Buick has released a single teaser image of its new Invicta Concept that is going to be unveiled at the Beijing Motor Show next month.

The upcoming re-introduction of the Chevy Camaro has had some people speculating that a Pontiac Trans Am version could be in the future. Pontiac has also been lobbying for a version of the Camaro, but GM has rejected it.

The new fuel-economy rules are forcing automakers to rethink their current and future vehicle lineups.

GM announced today that it is going to increase the prices on most of its 2008 models to make up for the rising cost of steel and other commodities.

The SEMA Show is still a week away, but GM has given us a preview of what to expect at this year's show.

According to a new analyst report by Goldman Sachs the "Big 3" all had sales declines last month.

Brenda Priddy & Co. have taken some new shots of the upcoming Lamda-based Chevy CUV. GM currently has three CUVs based on this platform, the GMC Acadia, Buick Enclave and Saturn Outlook. It is up in the air if Chevrolet is going to stick with the Traverse name when the CUV debuts in 2009.

For the past 11 years Lexus has held the number one spot in J.D. Power's Vehicle Dependability Study. This year Lexus holds the top spot again, but for the first time Lexus has tied with another automaker, Buick!

Last month will go down in the record books as the first month that Detroit's Big 3 (Ford, GM and Chrysler) sold less vehicles than their foreign competitors. Sales from Ford, GM and Chrysler only made up 48.1 percent of all vehicles sales in the U.S. last month, while foreign competitors made up 51.9 percent.

Forbes has put together a list of the top 20 most dangerous vehicles on the road. The Buick Rendevous SUV/ Minivan topped their list as possibly the worst car to buy right now in terms of safety. Compared to other minivans the Rendevous is up to three times more likely to cause a fatality.

Toyota for the first time ever outsold GM worldwide in the first quarter of this year. So far this year Toyota is still outselling GM, but only by 46,000 units. In addition GM even outsold Toyota last quarter (April-June). Could GM win back its title of number 1 automaker this year?

It seems like everyday an automaker announces plans for a new crossover vehicle. Well now we can add Chevrolet to the list. Due to slipping Trailblazer sales, Chevy is hard at work on a crossover replacement for its aging SUV. The new vehicle, will be built on the same platform as the new Saturn Outlook (shown above), GMC Acadia and Buick Enclave crossovers.

According to California Attorney General Jerry Brown, the federal government may need to bail out U.S. automakers in order to keep them in business. The bail out could amount to several billion dollars.

Edmunds.com has posted a list of the most wanted cars in 2007 based on reader feedback. Out of the 32 categories you may be surprised which automaker took home the most awards....

April's auto sales numbers have just been posted and almost every major automaker had a sales decrease last month. Even the Asian automakers that have been making headlines for their sales gains, took a hit.

Now that GM is the Number Two automaker in the world, many analysts are discussing what the automaker needs to do in order to get back on top. Alex Taylor at Fortune wrote an article on what he suggests the automaker do to gain back their title.

According to a report by the Automotive News, between September 2006 and February 2007, 48.5% of Chrysler brand sales were to fleets. That is an increase of 10% from the same period a year ago. 44.9% of Pontiac sales go to fleets, which is slightly lower than the 46.2% from the year earlier.

Following the announcements made by President Bush to raise corporate average fuel economy (CAFE) standards, Vice Chairman of GM, Bob Lutz has announced that the company is going to have to put their RWD cars on hold.

Toyota's sales increased 9% last month compared to March 2006. This was largely driven by sales of the new Camry, the RAV4 and the Prius.

It's the same old story, it seems like every automaker is trying to attract younger buyers that will continue to buy from the brand for years to come. As an automaker's age demographic increases they run the risk of eventually running out of buyers. It's a simple argument when we are younger we have many more years to buy cars as we age those "years" decrease. If your average buyer is 65 or above the chance of them returning to buy another car is a lot smaller than if they are in their 30s.