Thursday, June 4, 2009

The AutoWeek list: 10 post-bankruptcy GM and Chrysler vehicles to look forward to

The Chevrolet Camaro convertible concept is shown.
A picture of The Chevrolet Camaro convertible concept is shown.
The Chevrolet Camaro convertible concept is shown.
GM

As Chrysler and General Motors sort through messy restructuring processes in bankruptcy court, it’s worth noting that there is a bright light at the end of the tunnel for both companies, if everything goes well.

1. Chevrolet Volt

Our Take: GM’s environmentally conscious flag-bearer remains on track for a late-2010 rollout.

2. 2011 Chevrolet Cruze

Our Take: A fuel-frugal, 1.4-liter turbocharged four-cylinder provides superior fuel economy, better than today’s Cobalt XFE, while churning out 140 hp.

3. 2011 Chevrolet Camaro Convertible

Our Take: Rumors surfaced that plans for the drop-top Camaro were put on hold but were later refuted by GM. We’ll have to wait until early 2011, but it’s on the way. Unfortunately, we can’t say the same about a supercharged Z28 version.

4. Cadillac CTS coupe

Our Take: Following the arrival of a CTS wagon late this summer will be a coupe version next summer. Great looks and a planned 560-hp V version have us sold on it.

5. 2010 Cadillac SRX

Our Take: The refocused luxury midsize SUV that will take the fight directly to the Lexus RX. Cadillac promises improved craftsmanship and a new engine range that includes a 3.0-liter direct-injection V6 and a 2.8-liter turbocharged V6 with 300 hp.

6. 2010 Buick LaCrosse

Our Take: A gorgeous, ground-up redo finally gives us a Buick production car that has caught our attention.

7. Chevrolet C7 Corvette

Our Take: When GM CEO Fritz Henderson confirmed first to AutoWeek that the C7 remained in the works, Corvette Nation collectively breathed a sigh of relief.

8. 2011 Jeep Grand Cherokee

Our Take: A new independent front and rear suspension should provide a major leap in on-road refinement, and new drivetrain options and a plusher cabin will make this a midsize SUV to be reckoned with.

9. Dodge Circuit EV

Our Take: A Lotus chassis virtually guarantees that the electric sports car will have world-class handling abilities. Pair that with a claimed driving range of 150 to 200 miles per charge and a 0-to-60-mph time of less than five seconds, and this vehicle has us warming up to an electric sports car.

10. Fiat 500

Our Take: The pint-sized Italian titan will give Chrysler dealerships a much needed small vehicle courtesy of the Fiat link-up. We’re keeping our fingers crossed for the Abarth version to make it over.

Porsche board still favors merger with Volkswagen
Porsche remains interested in an
A picture of Porsche remains interested in an "integrated car-manufacturing group" with Volkswagen. Shown is the Porsche 911 GT3.
Porsche remains interested in an "integrated car-manufacturing group" with Volkswagen. Shown is the Porsche 911 GT3.
Porsche

Porsche’s board of management said Monday that it still favors a merger with Volkswagen and doesn’t want to limit the potential deal to a specific time frame.

The Porsche board released a statement that said: “We are convinced that the targeted integrated car-manufacturing group is the best industrial solution for all stakeholders involved. That is the case for the companies as well as for the respective workforce. Thus we do not want to put anybody under time pressure.”

Porsche also said its workers are still supporting the potential deal with VW.

Porsche issued the statement in response to concerns by the VW works council over the financial state of Porsche.

Niche sports-car maker Porsche owns 51 percent of voting stock in the much larger VW, which is the biggest car company in Europe. Porsche has been forced to dial back its takeover attempts, and its finances have been have been a point of contention.

Porsche’s statement said it maintains a double-digit operating margin.