General Motors says its December sales were down 10 percent and off 33 percent for 2009, a year that saw the top U.S. automaker go through bankrutpcy court and industry sales drop to the worst level in nearly 30 years.
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GM sales fall 33 percent in 2009, Ford up in Dec. (AP)
Posted by admin 246 days ago (http://us.rd.yahoo.com)
GM to announce brand changes, restructuring moves (AP)
Posted by admin 500 days ago (http://us.rd.yahoo.com)
The storied Pontiac brand is dead and more car factories and jobs are about to disappear -- the latest casualties of a massive restructuring plan that GM is counting on to help it stave off bankruptcy protection.
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GM to Close Most U.S. Factories for Nine Weeks
Posted by admin 504 days ago (http://www.foxnews.com)
The people did not know exactly when the shutdowns would occur, but both say they will include the normal two-week closure in July to change from one model year to the next.
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GM CEO open to bankruptcy 'if it's required' (AP)
Posted by admin 522 days ago (http://us.rd.yahoo.com)
General Motors Corp. is softening its opposition to bankruptcy reorganization a little more, with new CEO Fritz Henderson saying in an interview broadcast on Sunday, "if it's required, that's what we'll do."
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What Can GM Learn From AIG?
Posted by admin 527 days ago (http://www.foxnews.com)
Incoming GM CEO Fritz Henderson should take notes from AIG's new chief Edward Liddy on what not to do.• Dodd Aide Calls Report AIG Donations 'Old News'• Obama Says He Has 'No Intention' of Running GM• FOX FORUM: One Cheer for Obama's Auto Policy
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Obama puts GM, Chrysler on short leash (AP)
Posted by admin 527 days ago (http://us.rd.yahoo.com)
President Barack Obama asserted unprecedented government control over the auto industry Monday, bluntly rejecting turnaround plans by General Motors Corp. and Chrysler LLC, demanding fresh concessions for long-term federal aid and raising the possibility of quick bankruptcy for either ailing auto giant.
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Obama sets deadline to force GM, Chrysler overhaul (AP)
Posted by admin 527 days ago (http://us.rd.yahoo.com)
President Barack Obama asserted unprecedented government control over the auto industry Monday, rejecting turnaround plans from General Motors and Chrysler and raising the prospect of controlled bankruptcy for either ailing auto giant.
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GM CEO Wagoner to step down at White House request (AP)
Posted by admin 528 days ago (http://us.rd.yahoo.com)
General Motors Corp. Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday. The news comes as President Obama prepares to unveil additional restructuring efforts designed to save the domestic auto industry.
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GM CEO Rick Wagoner to Step Down Immediately
Posted by admin 528 days ago (http://www.foxnews.com)« previous1 next »
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