Street Diaries

Dutch car-maker Spyker has revealed today it’s plans for a new GT racecar which will hit the track in 2012.

General Motors announced that they will be spending $230 million on four different plants in the Flint, Michigan area to support the production of the upcoming Chevy Volt plug-in vehicle.  The money will also be used to help build the 2011 Chevy Cruze, which is also made from a similar platform as the Volt.

General Motors recently has been finalizing the deal to sell the Hummer brand to China’s Sichuan Tengzhong Heavy Industrial Machine Company.  It now appears that Opel will likely be following suit as GM continues the downsizing of their total brands.

General Motors has had better days.  A bankruptcy has hit the automaker hard and has been forced to restructure it’s entire company.  However, there is some good news after all of this, and it comes from China where GM has seen an unbelievable growth this year and expects it to continue well into 2010.