Engineers from General Motors are said to be well on their way in conceiving what would be Ford EcoBoost’s competition, their own new twin-turbocharged 3.0-liter V6. GM has been rumored to have a twin-turbocharged V6 in the works for years, but now it appears they actually may be close to introducing a TT V6 with production intent as this engine has been reportedly assigned a PRO code.

GM Inside News said that the engineering sources have clarified that GM has been developing a 3.0-liter twin-turbo engine, which has even been assigned a PRO code of ‘LF3.’ The assignment of a PRO code validates the suggestion that this engine will end up…

GM and joint-venture partner Shanghai Automotive Industry Corp. is set to take three versions of the new EN-V “urban mobility” concept to the World Expo 2010 in Shanghai, China.  The EN-V is a very small, two-seat, two-wheeled vehicle meant for transporting people around urban centers.

The two companies couldn’t have chosen a better venue to display such a vehicle.  Shanghai has the largest number of people living in the city proper than any other place in the world. With nearly 20 million people living in the entire metropolitan area, the city’s traffic is infamously bad.  The EN-V will be shown in the SAIC-GM Pavillion with a system meant to clear up…

General Motors is now working on the next generation of its pioneered head-up display technology. The Detroit-based company has partnered with several universities to develop its next-generation HUD technology.

A new head-up display system that incorporates a number of new technologies and uses the entire windshield as a display mechanism has now been developed by GM’s R & D, in partnership with a few esteemed universities such as Carnegie Mellon University and The University of Southern California.

With the help of a range of vehicle sensors and cameras, the new system can detect edge road lines in foggy conditions and then display the edge lines on the vehicle’s entire windshield via transparent…

Former chairman and managing director of Holden Mark Reuss have been brought to America as president of the GM’s Northe American operations and will be in charge of a new sales division for GM’s North American brands. Meanwhile, the former sales and marketing boss, Susan Docherty, has been demoted as head the marketing division .

Reuss has only been president of North American operations since December, but he has already been given additional responsibilities due to what some speculate was a slow sales month for February.

GM’s new CEO, Ed Whitacre, promised that his sales and marketing team would produce results in a timely manner when he took the controls of the…

Director of global battery systems engineering for General Motors Denise Gray has announced at the conference call this afternoon that she is leaving the company to join a California-based battery start-up.

Gray was made director of battery engineering in 2006 with 25 people working with her. In her position, she had overseen all of the testing and development of batteries going into plug and non-plug versions of GM hybrids and extended-range electric vehicles. Gray also worked with battery suppliers to evaluate new cell technologies that may be used in production vehicles in the future. She was also one of the key people working to bring the Chevrolet Volt to fruition. Now,…

General Motors already has some of the most advanced and fuel efficient engine on the road. And most of these engines are under the firm’s range of Ecotec four-cylinder engines. But the Detroit automaker announced on Thursday it is readying three U.S. plants for the production of the next-generation Ecotec family.

Investing more than $494 million dollars, GM will be readying three US plants for the production of the next-generation Ecotec engine. This endeavor will produce nearly 500 new jobs.

The money will be used for the facility upgrades, new machinery and new tooling. The improvements will be made at GM’s Tonawanda, Defiance and Bay City plants, with the Tonawanda facility receiving…

Ed Whitacre has just accepted the position as the new CEO of General Motors, according to the company.  And already, the man has set goals for the company. Included in his list of goals for the company is repaying $5.7 billion in loans from the US and Canadian governments by June, an initial public offering, and the continued divestment of non-core brands.

The sexagenarian said in a press conference that his decision to accept an offer from the board to turn his interim-CEO role into a continuing career was to help General Motors become more durable.

Whitacre took over for former CEO Fritz Henderson in December; he became GM’s third CEO in…

Thirteen days ahead of the scheduled due date, GM makes its first payment to the US and Canadian governments of its loans.

A statement released by GM’s chairman and operating CEO Ed Whitacre said that, “I am pleased to announce that today, GM followed through on its commitment to begin loan repayments to the U.S. and Canadian and Ontario governments. We paid $1.0 billion to the U.S. Treasury and $192 million to Export Development Canada.”

He further expressed that GM is deeply thankful both for the help of the US and Canadian governments during the trying times. GM is planning to fully pay back the government loans by June 2010

$43 billion in…

Even if GM does not admit it, we all know that its poor management led General Motors down the path to bankruptcy. But President Obama’s auto task force was shocked with the kind of mismanagement they have seen in Detroit. The auto task force is responsible for the restructuring and bankruptcy efforts at GM and Chrysler.

Steve Rattner spoke to Fortune Magazine for the first time and told the magazine how bad the situation was when the task force arrived. . “Everyone knew Detroit’s reputation for insular, slow-moving cultures. Even by that low standard, I was shocked by the stunningly poor management that we found, particularly at GM,” Rattner said.

Rattner added…