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General Motors


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3Vote!

Pro-Con | Is General Motors, as a recipient of federal bailout money, on the right path to financial recovery?

The U.S. government gave $50 billion to General Motors after it declared bankruptcy in early 2009. This is money from the taxpayers, nothing else, and people should definitely know what’s going on with GM and whether the investment is paying off.

3Vote!

Research and Markets: 2009 Natural Gas Vehicles Report Features Honda Motor Company Ltd, General Motors Corporation and New Flyer Industries

3Vote!

Research and Markets: 2009 Natural Gas Vehicles Report Features Honda Motor Company Ltd, General Motors Corporation and New Flyer Industries

3Vote!

World's biggest car manufacturer: Volkswagen behind Toyota and General Motors

Earlier this month, there had been whisperings that Toyota would lose its crown as the biggest car producer in the world, and that Volkswagen could take the number one spot. According to latest reports, though, Volkswagen still sits at number three on podium, behind Toyota at number one and General Motors at number two. Despite coming in third, Volkswagen is closing the gap between it and Toyota,...

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Ghosn: General Motors should have joined team in 2006

The CEO of the Renault-Nissan alliance said General Motors would have been far better off if it had formed a transcontinental alliance with the French-Japanese auto partnership in 2006.

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General Motors expects a plan for its European operations by mid December

Nick Reilly, GM's President of International Operations and interim European chief, was quoted in the FAZ interview as saying: "We do not 'have to' close any plants. What we have to do is to reduce part of our capacity. We have to reduce part of our structural costs. And there are different ways of doing this. We are not necessarily talking about full plants. But if we have ten plants and want...

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Obama administration wants fast-track IPO for General Motors - 4WHEELSNEWS

The Obama administration wants to hurry up its initial public offering (IPO) of General Motors Co. shares to reduce its majority stake in the automaker, according to Ron Bloom, the head of the U.S. government’s autos task force, in an interview with Reuters. At the earliest, an IPO for GM could come in the fourth quarter of 2010.

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The Iowa Republican: General Motors – Using Taxpayer Dollars to Repay American Taxpayers

Writen by Ed Failor, Jr. Yesterday, the Wall Street Journal ran an article with the optimistic headline of “GM Plans to Repay U.S. Loan.” [i] My initial reaction was quite surprised; General Motors (GM) is already in the position to repay American taxpayers? Sounds like an amazing feat for the automaker. Unfortunately, [...]

3Vote!

General Motors will build hot-rod Cadillac CTS-V sport wagon

Nov 17, 2009 General Motors will build hot-rod Cadillac CTS-V sport wagon 11:38 AM By GM, AP The 2010 Cadillac CTS Sport Wagon could get a high performance upgrade Entering the market for hot-rod station wagons, General Motor’s Vice Chairman Bob Lutz has confirmed to Car and Driver that its going to build a 556-horsepower CTS-V version of the new Cadillac [...]

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General Motors to pay back taxpayers with their own money

Filed under: General Motors (GM) In a bit of corporate strategy that would make Bernie Madoff blush, General Motors plans to use bailout money to pay back the $6.7 billion loan it has from the government. The rest of the $50 billion flushed into General Motors has been converted into equity, meaning it does not have to be paid back. The Wall Street Journal reports (subscription...

5Vote!

General Motors: Pledge On UK Job Losses

One of General Motors' top executives has told Sky News there may be fewer UK job losses than the 600 to 800 already announced.

3Vote!

WATCH: Progress for General Motors?

GM reports $1 billion loss, yet claims it is a sign of the carmaker's recovery. General Motors - Makes and Models - Recreation - Autos - Business

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General Motors Posts $ 1.5 Billion Loss For 3rd Quarter

So, how’s that bailout going ? DETROIT — General Motors said on Monday that its finances had improved to the point that it could begin repaying its government loans, though it lost nearly $1.15 billion in the third quarter after emerging from bankruptcy in July. G.M. said it increased its cash reserves by $3.3 billion from July [...]

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Former General Motors Engineering and Technology Campus to Sell Through Absolute Auction on Tuesday, December 15th at 11:00 EST

FLINT, Mich.--(BUSINESS WIRE)--Williams & Williams (www.williamsauction.com), the premier brand in real estate auctions, announced that it is selling The Great Lakes Technology Center in Flint, Michigan through a global absolute without reserve auction on Tuesday, December 15th at 11:00 am EST. The Center is being sold in four parcels and interested buyers can bid on site at 4100 South Saginaw...

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Shanghai General Motors Co., Ltd. Chooses Apriso for Quality Containment

LONG BEACH, Calif.--(BUSINESS WIRE)--Apriso®, a leading provider of manufacturing software solutions for sustained operations excellence, today announced Shanghai General Motors Co., Ltd. (SGM) has implemented Apriso’s FlexNet® for Quality Containment, as part of initiatives to improve tracking of materials across production, reduce the cost of quality and increase manufacturing...