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GM Gives The Feds An Early Holiday Gift: $140 Million

GM Gives The Feds An Early Holiday Gift: $140 Million

Just last week, General Motors announced plans to speed up repayment of billions in loans from the U.S. government. Technically, the company's fast-track, $1 billion-per-quarter payback schedule doesn't kick in until December, but GM is getting a head start on things by returning $140 million right... read more

November 25, 2009 by  - 5
 
Saab 9-3

Koenigsegg To Trim 81 Dealers From Saab Network

General Motors may be looking to expand its (formerly) shrinking U.S. network, but the soon-to-be owner of GM's orphaned Saab is sticking with a leaner, meaner game plan... read more November 13, 2009 by  1


 
Chevrolet dealership

GM Adding New Dealerships, Frustrating Old Ones

When Chrysler and GM underwent restructuring earlier this year, they took the opportunity to thin out their dealer networks. As you might recall, that resulted in substantial... read more November 12, 2009 by  10


 
Edward E. 'Ed' Whitacre, Jr.

GM Chairman Ed Whitacre And The Salary Cap Flap

General Motors chairman Ed Whitacre isn't much of a wallflower -- but then, no one earns a resume like his by staying quiet. In keeping with his outspoken personality... read more November 11, 2009 by  4


 
aev jeep j8 civilian 010

Rumor: Jeep To Be The Only Chrysler Brand Sold Overseas

Tomorrow marks the big unveiling of Chrysler's five-year recovery plan. There's been a lot of speculation about the company's new strategy, and now comes a bit more: sources... read more November 3, 2009 by 


 
Fritz Henderson, GM CEO

Chrysler, GM Loans Include U.S. Production Goals; GAO Worried About GM

Yesterday's headlines may have centered on Ford's new-found profitability, but Chrysler and GM are working toward the black ink, too. General Motors in particular has high... read more November 3, 2009 by 


 
Fritz Henderson, GM CEO

Fritz Henderson Loses $310,000, Calls It 'Fair'

The Treasury Department made headlines last week when it announced that bigwigs at bailed-out companies would be taking some sizable pay cuts. From banks to auto companies... read more October 29, 2009 by 


 

Ford May Post Third-Quarter Profit Next Week

It's no secret that Ford Motor Company has withstood the current financial storm far better than Chrysler and General Motors. Between its refreshed reputation as a... read more October 26, 2009 by  9


 
U.S. Capitol

Bailout Update: GM, Chrysler Dealers Edge Toward Resolution

To say that the federal government's bailout of Chrysler and General Motors has been contentious is a little like saying that the Bugatti Veyron is kinda fast -- an... read more September 24, 2009 by 


 
Chevrolet dealership

NADA Brokering Deal To Reinstate Some Chrysler, GM Dealers

Not so long ago, congress considered forcing Chrysler and General Motors to reinstate dealers eliminated from their networks during their respective restructurings. Today... read more September 9, 2009 by 


 
GM on eBay

GM Extends eBay Sales Program To September 30

When General Motors emerged from bankruptcy on July 10, the company's newly reinstalled PR man, Bob Lutz,  made several important announcements. Among them: GM had begun... read more September 2, 2009 by 


 
Fritz Henderson in a new GM marketing campaign

GM Decides That Listening To Customers Is A Good Thing

General Motors may have emerged from bankruptcy relatively shiny and new, with industry favorite Bob Lutz leading its PR endeavors, but we have to admit that we're a little... read more August 28, 2009 by  2


 
Chrysler logo

Chrysler Accepts Reponsibility For Pre-Bankruptcy Vehicles

Generally speaking, bankruptcy has been a good thing for Chrysler. It's allowed the company to unload massive debt and streamline operations. But for others -- especially the... read more August 28, 2009 by  2


 
thinkcity_003

Norwegian Electric-Car Maker Think Newly Solvent, Resumes US Plans

These days, you can't turn around without finding electric-car news and updates. The 2010 Tesla Roadster, the 2011 Chevrolet Volt, and 2012 Nissan Leaf all sop up their share... read more August 28, 2009 by 


 
GM Logo

GM Begins Pulling Logo From Vehicles

We've all heard manufacturers accused of 'greenwashing' their cars to make them seem more eco-friendly, but now it looks like General Motors may be attempting a good... read more August 25, 2009 by  2


 
GM Logo

Buyer Beware: Right Now, GM Stock Isn't the GM Stock You Want

Proving once again that greed and idiocy often go hand in hand, federal regulators have revealed that investors are still plowing money into General Motors stock--the only... read more August 21, 2009 by 


 
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