General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
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GM's Bob Lutz has the guts. He's got the name. And he's got the experience.
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General Motors remains in talks with the Korea Development Bank on providing new financing for GM Daewoo, a critical hub for GM's development and production of fuel-efficient small cars, a senior GM executive said.
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General Motors could use the proceeds of an initial public offering of stock as soon as 2010 to begin paying down some of the debt it owes to the governments of the United States and Canada, CFO Ray Young said.
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General Motors could use the proceeds of an initial public offering of stock as soon as 2010 to begin paying down some of the debt it owes to the governments of the United States and Canada, CFO Ray Young said.
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General Motors could use the proceeds of an initial public offering of stock as soon as 2010 to begin paying down some of the debt it owes to the governments of the United States and Canada, CFO Ray Young said.
Full story...
General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
Full story...
General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
Full story...
General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
Full story...
Toyota Motor Corp. said Friday it might close its large California car and truck assembly operation, New United Motor Manufacturing Inc., now that General Motors has exited the 50-50 partnership.
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General Motors executives have been pressuring individual dealers to sign a statement saying they oppose legislation that would restore terminated dealerships' rights, according to a U.S. senator, a dealers group and dealer representatives.
Full story...
With Bob Lutz now in charge of marketing, General Motors' messages should be more consistent companywide. But Lutz will have to delegate to pull it off, dealers and analysts say.
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In extending his stay at General Motors, Bob Lutz says he won't overshadow the executive who succeeded him in April as product development chief.
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The new General Motors that emerged from bankruptcy today has a healthier balance sheet, lower labor costs, fewer brands and a significantly reduced break-even point.
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General Motors' first post-bankruptcy challenge will be dealing with a battered supplier base including companies that are either in or close to filing for Chapter 11 protection.
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Reaction to the new General Motors was mixed from analysts, pundits and stakeholders after the company emerged from Chapter 11 protection.
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General Motors said it will test a partnership with eBay Inc. in California that allows customers to bid on new vehicles or buy them at a predetermined price online.
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General Motors will test a partnership with eBay Inc. in California that allows customers to bid on vehicles or buy them at a predetermined price online, GM said today.
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