Perhaps for the first time, visitors to the 2008 Los Angeles Auto Show will not be able to witness the General Motors Corporation’s Press Conference, as the automajor has canceled all plans to hold one. Seen as a cost cutting move at a time when GM faces a very troubled and uncertain future, the auto giant also surrenders an opportunity to talk to visitors about its forthcoming vehicles at the Los Angeles Auto Show, an important platform for showcasing its new products and North America’s most hi-profile media event.

 

Scott Fosgard, spokesman for GM, said that currently the media and the industry’s attention was riveted on negotiations going on in Congress, which was likely to overshadow events at the LA Auto Show. General Motors Corp. lost $2.5 billion in the third quarter of 2008, and the automaker fears that it might be totally…  

GM’s Red Tag Sale gains momentum as the auto major offers some great deals on Cadillac, Saab and Hummer models for 2008 and 2009. GM customers will find strong incentives and bargains at the annual Red Tag sale which started three weeks earlier than usual, on November 6, and runs through January 5. GM’s Sale features some aggressive ad campaigning, and unlike previous years, the sale will encompass all GM brands, including Saab and Hummer. Not included in the sale are the new Chevrolet Corvette ZR-1, Cadillac CTS-V and medium duty trucks.

 

Some vehicles come…