Asylum UK - Mens Lifestyle, Opinion and Humour

GMC to present new entry model


General Motors subsidiary GMC specialises in large SUVs and pickup trucks. At the New York Motor Show to be held between 10th and 19th April, this American manufacturer will be presenting a new entry model designed to fill a gap in their product palette. The trend in the USA is now also increasingly towards building smaller vehicles. The new GMC Terrain fully incorporates popular off-road visual appeal and is a seven-seater, which accounts for its generous length of 4.7 metres. Terrain purchasers have a choice between a 185bhp four-cylinder or a 268bhp six-cylinder engine. They're not planning to sell any in Europe. I wonder why?

GM/Cerberus talks over full ownership of GMAC

It's been a crazy few days as news broke that Chrysler and General Motors have been in talks to combine operations. It turns out that there's a pretty significant back-story to these proceedings, and it involves Cerberus Capital Management's possible desire to shed its car-building operations and acquire the rest of GMAC, of which it already holds a controlling stake of 51%, with GM holding holding the other 49%. According to reports, Cerberus would like to combine Chrysler Financial with GMAC, which would allow it to merge the offices of the two financial institutions and reduce costs. All right, that might make some sense, but what about merging the two automakers? That's the part that seems so confusing to analysts and us meager bloggers. Somehow, we feel certain that there's more to this story, which we'll be hearing about for some time.



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