General Motors is auctioning off a limited edition 2008 Chevrolet Corvette Z6 in order to support the Haiti people after a terrible earthquake. All proceeds will go to the American Red Cross relief fund.

The special edition Corvette is powered by a 7.0-liter V8 with 505HP, this ‘Vette also has a spider design chrome Z06 wheels, Z06 plates, a Stinger-style stripe on the front hood and fascia, chrome exterior badges and a painted Z06 spoiler and body color door handles.

GM said that all 427 units of the limited edition Corvettes were signed and numbered in the center console area by Will Cooksey, the Corvette plant manager who retired in 2006 after 15 years running the plant.

General Motors has finally announced the pricing for its new 2011 Buick Regal. According to the manufacturer, the vehicle will be priced from $26,995 in the United States.

2011 Buick Regal will come powered with a premium CXL trim with a six-speed automatic transmission and two engine options. The first is a 2.4-liter Ecotec four-cylinder unit with direct-injection, which has an output of 182HP. The second engine is a 2.0-liter Ecotec turbocharged and direct injected four-pot rated at an estimated 220HP. Some of the features of the Regal CXL include StabiliTrak stability control, and 18-inch aluminum wheels.

The interior of the Regal features upholstery, 12-way power adjustable heated front seats, Bluetooth connectivity, iPod and USB inputs, XM Satellite Radio, as well as OnStar.

Other standard features for both the 2011 Regal CXL 2.4L and 2.0L Turbo models are Driver Shift Control (DSC); four-wheel disc brakes with anti-lock braking system, brake assist and electronic parking brake; traction control;  as well as dual-stage frontal and side-curtain air bags.

A navigation system, a Harman Kardon sound system, an internal 1 GB flash drive, and an Interactive Drive Control System (with 19-inch wheels) are available for car buyers as options.

The 2011 model year 2.4-liter Buick Regal is scheduled to be available at the dealerships starting this spring, while the turbocharged model will be launched later this summer.

The Prices have been set at $26,995 (that’s about €19,100) for the CXL 2.4L and $29,495 (€20,870) for the CXL 2.0L Turbo and include a $750 destination charge in both cases.

General Motors affirmed today that it will bring together the North American-spec 2011 Buick Regal at its Oshawa Car Assembly plant in Canada with production set to commence in the first quarter 2011. The all-new Buick Regal is planed to go on sale in the States next Spring, with first year models to be built alongside its Opel Insignia twin at GM’s Opel plant in Russelsheim, Germany.
“The new Regal provides Buick with a new performance sedan and its manufacturing here in Oshawa is terrific news for our employees, the CAW, dealers and suppliers,” said Arturo Elias, president, General Motors of Canada.
“Combining Buick’s top position in the industry in terms of brand quality with the Oshawa Car Plant’s long-standing reputation for top quality assembly means customers’ highest expectations will be met with this mid size sport sedan.”
The new Buick Regal mid-size sedan unites the Chevy Camaro and Equinox, and the GMC Terrain as the fourth new vehicle in the production commitment that was part of the agreement with the Canadian and Ontario Governments. GM said that a fifth car to be added in the near future.

General Motors has released new information and details about the 2011 Buick Regal, which is based on Opel Insignia.

With European styling, powerful engines, and a sport-tuned chassis, 2011 Buick Regal sedan will make its official debut at the 2009 Los Angeles Auto Show. The vehicle comes with two four-cylinder engines – a 2.4-liter Ecotec with 182 hp (136 kW) and 172 lb-ft (233 Nm) of torque, and a twin-scroll turbocharged 2.0-liter with 220 hp (164 kW) and 258 lb-ft (349 Nm) of torque. Both engines have a six-speed automatic transmission. The 2.4L is said to return an average 20 mpg city / 30 mpg highway, while the 2.0T will return 18 mpg city / 29 mpg highway.

Some of the most significant features of the new model year Regal include a MacPherson strut front suspension, a four-link independent rear suspension, four-wheel disc brakes, StabiliTrak stability control, and an optional Interactive Drive Control System (IDCS) with three driver-selectable suspension modes.

Standard equipment for Buick Regal includes 18-inch wheels and tires, heated leather front seats, satellite radio, four-wheel disc brakes, all-independent suspension, stability and traction control, and Bluetooth capability. A navigation system and a Harmon Kardon sound system with an internal hard drive that can hold up to 10 gigabytes of music are also available as options.

QUICK FACTS

* A new midsize Buick sport sedan with a European-bred driving experience
* On sale in the second quarter of 2010
* Based on the award-winning Opel Insignia and available now as a Regal in China
* Modern, sleek design with great attention to detail and excellent build quality
* Efficient, four-cylinder/six-speed powertrain with 30 mpg (est.)
* Turbocharged model available in summer 2010
* Driver-selectable Interactive Drive Control System available in summer 2010
* Available rear-seat thorax air bags
* Standard 18-inch wheels, leather and heated front seats, XM Satellite Radio, Bluetooth and OnStar.

According to GM the 2011 Buick will go on sale in the second quarter of 2010. The manufacturer hasn’t priced the new Regal yet, but it will be slotted below the LaCrosse, which starts at $27,835.

After a few sketches released a few weeks ago, General Motors revealed the first official image of the new 2010 Chevrolet Agile for the South American market. Designed for the Brazilian market, the actual production model of the Agile does not look like the attractive teaser images, the sketches that were previously revealed, or the concept.

The font end, with its corporate Chevrolet grille, looks decent enough but the overall design leaves something to be desired. General Director of GM Design Mercosur, Carlos Barba said; “The Agile goes beyond a traditional hatchback. Our task was to conduct a vehicle for a demanding client. Great design, interior space and a crossover, i.e. a car transpired versatility to attract customers from a different urban public or to a surfer who loves the countryside.”

The official press release of Chevrolet did not mention anything on the available power unit options, but it will most likely come with a 1.0L 4-cylinder engine under the hood.

The Agile will be built at General Motors‘ Rosario plant in Argentina. Sales in Brazil will begin in October later this year.

Today General Motors released a teaser photo of a new five-passenger crossover. The vehicle is an addition to its entry-luxury Buick line, which will be fully released in late 2010 and offer direct-injected gasoline plug-in hybrid version of engines in 2011, thus becoming the first mass produced SUV of its kind.

The teaser photo of the new Buick (the company hasn’t named the car yet) is in some way identical to Saturn Vue, which was first introduced in 2008.

With the production of the new Buick, GM intends to win over customers interested in the brand’s full-size Enclave crossover SUV who don’t need something that large. “Some customers who have been drawn to the Enclave were looking for something a little smaller, but they didn’t want to give up craftsmanship or a quiet ride to get there,” said Susan Docherty, general manager of Buick-Pontiac-GMC. “We believe this new Buick will excite those customers, and will continue to broaden the appeal of the brand.”

According to GM, the Buick crossover will be available standard with a 2.4-liter direct-injected 4-cylinder and offer an optional 3.0-liter direct-injected V6, which is expected – deliver 30 miles per gallon or more on the highway.

The company will announce more detailed information on the new Buick SUV closer to the vehicle’s launch date.

The Agile appears to be the road-going, five-door hatchback version of the Chevrolet GPiX crossover coupe concept study that was revealed at last year’s Sao Paulo International Auto Show in Brazil.

During the presentation of the GPiX, Jaime Ardila, President of General Motors Brazil and Mercosur, had revealed that the concept study could spawn a series of small cars for the South American markets.

Production of the Agile is scheduled to begin this fall at the company’s Rosario plant in Argentina with sales in South America pegged to start before the end of the year. GM said that the Agile is the first vehicle to make use of its new “Viva” platform that was originally developed for Argentina, Brazil, Paraguay and Uruguay.

While the American automaker did not release any technical specifications on the Agile, buyers should expect a wide range of 4-cylinder engines.

And yes, the thought that the Agile may form the base for Chevrolet’s U.S. market small hatchback that will be built in Michigan in 2011, did cross our mind (the smaller Spark is also a possible candidate). However, GM has not made any announcements on the matter.

Bob Lutz the Vice Chairman of General Motors has confirmed the coming of Cadillac CTS-V coupe. Lutz has made this announcement during a web-chat on the FastLane website held by GM.

According to Lutz the company is planning the V package only for the sedan and coupe. He also left the door open for additions to the product lineup. CTS-V Sport Wagon may also get a green light. When asked about Sport Wagon variant Lutz said “… should sufficient demand materialize, there is no reason why we couldn’t do a V-Series wagon, and I would be standing in line for one, just ahead of you.”

The Cadillac CTS equipped with the V package will have the same 6.2-liter V8 engine found on the Corvette ZR1. Output of the vehicle will be 556 horsepower with a maximum torque of 551 ft-lb.

It should be noted that the CTS Coupe was first presented to the public in concept form at last year’s Detroit Auto Show. It was later confirmed for production in GM’s viability presentation earlier this year, will be available for car buyers already in the middle of next year as a 2011 model.

Lutz was also talked about Pontiac and discussed the possibility of rebranding the Pontiac G8 as the new Chevy Caprice. According to Lutz the company is “studying the feasibility of bringing [the G8] in as a Caprice for both law enforcement and the public.”

China’s Sichuan Tengzhong Heavy Industrial Machinery Co. LTD is announced the impending buyer of General Motor’s Hummer division is.  GM  said that Tengzhong, which is based in the Chinese province of Sichuan, is a “privately-owned company and a leading domestic manufacturer of road, construction and energy industry equipment.” GM said that the sale is expected to close by the end of third quarter of 2009 and that it will secure more than 3,000 US jobs.

“The HUMMER brand is synonymous with adventure, freedom and exhilaration, and we plan to continue that heritage by investing in the business, allowing HUMMER to innovate and grow in exciting new ways under the leadership and continuity of its current management team,” said Yang Yi, CEO of Tengzhong. “We will be investing in the HUMMER brand and its research and development capabilities, which will allow HUMMER to better meet demand for new products such as more fuel-efficient vehicles in the U.S.”

HUMMER’s chief James Taylor said that with Tengzhong’s investment and strong support, they will be able to make their visions a reality. This transaction, if successful, will secure more than 3,000 U.S. jobs, and allow us to embark on a more aggressive global expansion, ensuring a successful future with our new partners.”

According to the announcement made by Reuters, Chevrolet’s Aveo replacement has been postponed until January 2011. The reason is the known financial troubles at General Motors and its Korean subsidiary, Daewoo. The replacement of the Aveo, which is codenamed T300, was expected in April 2010.

However, during the first four months of 2009, Daewoo has reported about 44.5-percent decline in total vehicle sales. Since the Korean automaker accounts for a quarter of GM’s total production this was particularly bad news for General Motors. Much of that dropping production is being lost to rivals like Hyundai and Kia in oh-so-important emerging market of China, where Daewoo’s sales dropped by 3.2-percent even in the face of an expanding market.

In effort to keep the doors open in the face of such heavy losses, GM Daewoo is reportedly seeking additional loans from the Korea Development Bank after running through all $2 billion of its available credit lines.