This American Life Exposes GM's Greatest Missed Opportunity

This weekend's episode of This American Life focused on NUMMI, the GM/Toyota joint venture production facility closing this week after 26 years. It's a great primer for the Carpocalypse. [ThisAmericanLife] (Thanks to everyone for the tips!) » 3/30/10 9:30am 3/30/10 9:30am

Shop Techs Give Seven Reasons GM Went Bankrupt

Chalk this one up to pro-fake-name-tipster Cody Ace; it's a makeshift list of why GM went into bankruptcy according to his fellow salty shop techs. Seems amazingly in-line with the Jalop mindset. LT1's for everyone! [Cody Ace] » 10/19/09 5:15pm 10/19/09 5:15pm

GM Reminds Investors Its Stock's Completely Worthless

The now-bankrupt GM's stock price is up almost 100% this week from speculators and short-sellers, forcing the automaker to make a statement reminding people it's, essentially, a worthless piece of paper and shouldn't be bought. Sad, sad press release below. » 6/10/09 6:23pm 6/10/09 6:23pm

GM Re:tardation Site Parodies GM Ad Campaign, Mocks Carpocalypse

Think GM's new "Re:Invention" ad campaign is a bit of a joke? A spoof site called GM Re:tardation's sprung up to take on their new marketing silliness. Better, they've put together a spot-on commercial parody as well. See it below. » 6/05/09 2:00pm 6/05/09 2:00pm

Michael Moore Posthumously Hates Roger, Wants GM To Die

Upon GM's announcement of bankruptcy, celebrated self-promoter Michael Moore patted himself on the back while typing out one of the most singularly anti-capitalist, reality-free diatribes we've seen in quite some time. » 6/02/09 5:30pm 6/02/09 5:30pm

CNBC Takes Walk Down "Old GM" Memory Lane

Yesterday, CNBC inter-spliced their GM bankruptcy coverage with happier moments from the General's past (i.e., the 1950s). Either they were mocking GM or Kudlow was having another coke-fueled fantasy of Erin Burnett in an apron baking lasagna. [CNBC] » 6/02/09 3:30pm 6/02/09 3:30pm

Crazy Euro Car Boy’s First Oldsmobile

You told us about your first Oldsmobiles. Our turn now: before becoming smitten with Lamborghinis and Zondas, our crazy Euro car boy did something very un-European—he spent his formative years in an Oldsmobile. » 6/02/09 12:00pm 6/02/09 12:00pm

Ten Vehicles That Bankrupted GM

Reasons abound for GM's bankruptcy, including legacy costs, fuel prices and the conventional wisdom of East Coast media elite, but we mustn't forget in the end it's all about the cars. And frankly, some of them really sucked. Here's the ten vehicles most responsible for driving GM into bankruptcy. » 6/01/09 3:30pm 6/01/09 3:30pm

Map: The United States Of GM Plant Closures

As part of GM's bankruptcy, fourteen plants across the country will be closed or placed on "standby." We've put together this map of locations and dates when the axe falls for each. » 6/01/09 2:00pm 6/01/09 2:00pm

GM Twitter Operation Brings In Ringer To Tweet Bankruptcy Press…

Were you one of the countless dozens following the @GMBlogs twitter account during CEO Fritz Henderson's press conference announcing the automaker's broke n' busted status? The man behind the tweets is none other than GM PR man Travis Parman. » 6/01/09 1:35pm 6/01/09 1:35pm

President Obama: We Don't Want To Own The New GM

President Obama stressed today he doesn't want to own the "New GM" or run the company. Also, they'll still support "New GM" warranties so have no fear, buy a Malibu. » 6/01/09 1:00pm 6/01/09 1:00pm

Live From New York, It's The Bankruptcy Of GM!

Just back in off a plane from LA, we made it to the GM Building here in midtown Manhattan in their world financial headquarters, blogging live from the center of the automotive punditverse watching President Obama announce the bankruptcy of the General. Follow along at the Carpocalypse tag. » 6/01/09 12:01pm 6/01/09 12:01pm

GM Bankruptcy Official

Chevrolet-Saturn of Harlem, a General Motors Corporation dealership in New York, is the first to file for bankruptcy protection as part of the larger GM Bankruptcy this morning. [Detroit News] » 6/01/09 8:15am 6/01/09 8:15am

GM To Declare Bankruptcy Monday, Chief Restructuring Official Named

GM will officially declare bankruptcy tomorrow morning before the markets open. Additionally, the Obama Administration has put turnaround expert Al Koch in charge of, well, turning the company around. Fritz Henderson will remain GM CEO. » 5/31/09 9:15pm 5/31/09 9:15pm

Report: GM To File Chapter 11 Bankruptcy On Monday

GM plans to file for Chapter 11 bankruptcy on Monday, then sell most of its assets to a new company. The bankruptcy should last 60-90 days and be financed with $50 billion of Treasury money. [Bloomberg] » 5/28/09 6:30pm 5/28/09 6:30pm