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| The Pub For General Automotive Related Talk |
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20-02-2009, 12:37 AM
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Regular Member
Join Date: Mar 2008
Posts: 459
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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.autonews.com/article/2009...902189946/1229 |
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20-02-2009, 12:59 AM
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FF.Com.Au Hardcore
Join Date: Jul 2006
Location: Rockingham WA
Posts: 1,234
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Bugger.
Fair enough though, im sure if Ford Aus was ever in the deep end, FPV would be gone...
__________________
A philosopher is a person who finds a problem for every solution . :Reverend: 95 EF XR8, Advance headers, Vortech V2 t trim blower, Ported Cobra Manifold, Capa Switch Chip Eliminator. 307 rwhp 395 ft/lb 13.2 @ 105mph Now NA- AFR 165 heads, 1.6RR, Ported Cobra 269rwhp 14.2 ... needs stall and 4.11's 1977 CL Chrysler Panel Van, 360, 727 torqueflite auto soon to be restored. |
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20-02-2009, 08:57 AM
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FF.Com.Au Hardcore
Join Date: Feb 2007
Location: ...in the shed
Posts: 3,386
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doubt it, Ford would just sell its share to Prodrive and would continue on making high performance falcons and the like.
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20-02-2009, 10:30 AM
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Performance moderator
 
Join Date: Feb 2005
Location: St Clair..N.S.W
Posts: 14,875
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Quote:
With an extra $10k+ price tag...
__________________
Real cars are not driven by front wheels,real cars lift them!!... BABYS ARE BOTTLE FED, REAL MEN GET BLOWN. Don't be afraid to try something new. Remember, amateurs built the Ark...Professionals built the Titanic! Dart 330ci block turbo black pearl EBXR8 482 rwkw.. Daily driver GTE FG.. Projects http://www.fordforums.com.au/showthread.php?t=107711 http://www.fordforums.com.au/showthr...8+turbo&page=4 |
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20-02-2009, 09:08 PM
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BF XR6, oh yeah!!
Join Date: Sep 2007
Location: Melton, Vic
Posts: 1,015
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Not good news for GM fans, will this affect things like the Camaro and Corvette?
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Current ride: 2005 BF XR6 Sedan, Lightning Strike, ZF Auto Previous ride: 2001 AUII Futura Sedan, Narooma Blue |
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20-02-2009, 09:15 PM
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FF.Com.Au Hardcore
Join Date: May 2007
Location: Geelong
Posts: 2,374
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Quote:
Sure will and for many years to come. But goin bankrupt would not help the cause either. Gm has to show that they are able to payback the U.S taxpayers buy cutting expenses so they are finacially viable. If they coud not cut expenses they would lose the back up the goverment/taxpayer by the next quarter. |
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21-02-2009, 12:26 AM
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BOSS 5.4L Enthusiast
Join Date: Aug 2005
Posts: 21,942
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Jeez and they had just put all their efforts into thinking of a way to make a LS Engine make more power and came up wit hthe idea of a 6.4L.. :P
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GM disbands unit that creates high-performance vehicles
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