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GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

GM delays CTS coupe launch until summer 2010

One of Cadillac's most anticipated models is being delayed one year. The 2010 CTS coupe had been scheduled to go into production this summer. Instead, the car will go into production during the summer of 2010.

Renault Symbol

As one of the fastest growing automotive markets in the world, Russia and the Moscow Motor Show is gaining its share of the spotlight, with an increasing number of major auto manufacturers choosing to debut new vehicles at the show, just as Renault is with the all-new Symbol/Thalia. Jointly designed by Renault teams in France, Turkey and Romania, the C-segment three-box sedan was developed in 26 months. With a length of 4260mm and a height of 1430mm, the Symbol/Thalia is a no-frills design with abstained lines and surfaces and a larger DLO to body ratio when compared to other European-styled vehicles.