The U.S. pay czar will reduce the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year. Full story…
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The U.S. pay czar will reduce the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year. Full story…
American Axle CEO Richard E. Dauch announced today that he’s planning to sell 2.5 million shares of his company stock for about $30 million — less than a year after the supplier won a bailout from General Motors to avoid bankruptcy. Full story…
As this issue goes to press, General Motors is busily off-loading its last 450 new Pontiacs, most of them G6s. It's hardly a fitting final act for a brand that gave us some of the twentieth century's most memorable cars - the GTO, the Trans Am, and the Grand Prix, to name but a few. But Pontiac could have met a similarly ignoble end six decades ago, and thus never have even lived to see its glory days, if not for the success of one man, Semon E. "Bunkie" Knudsen, and one car, the 1959 Pontiac Bonneville.inline_mediumwraptextright27042746/features/collectible_classic/1004_1959_pontiac_bonneville1003_17_z+1959_pontiac_bonneville+front_three_quarter_view.jpgTrue
The Cadillac CTS coupe is a car for realists. Sure, it looks like a concept car that took a wrong turn leaving the convention center, but, in fact, it's an entirely logical and even conservative step in a brand renaissance that's changing course. After a decade in which Cadillac reached for the stars with sexy halo models and pie-in-the-sky concepts like the Sixteen, General Motors' luxury division is adjusting its ambitions to reflect new realities. So, whereas Cadillac's last two-door car, the now-defunct, Corvette-based XLR, was an ambitious, low-volume sports car with an oversize price, the CTS coupe is a natural progression of the brand's most successful model. Since it shares its sheetmetal from the cowl forward and almost all of its mechanical components with the CTS sedan and wagon, the coupe is an easy way for GM to target a segment currently dominated by BMW, Infiniti, and Audi.inline_mediumwraptextright26855348/reviews/driven/1004_2011_cadillac_cts_coupe1004_04_z+2011_cadillac_cTS_coupe+front_three_quarter_view.jpgTrue