Saturday, August 30, 2008 A century of General Motors Legendary execs: 7 notable presidents who helped shape GM Bryce G. Hoffman / The Detroit News General Motors Corp. was once the largest company in the world, and it has been led by men who were often larger than life themselves. Some of the names are [...]
Saturday, August 30, 2008 General Motors sues to recoup misused worker discounts Automaker says improper use of employee pricing program cost it $450K. Robert Snell / The Detroit News DETROIT — Turns out General Motors Corp.’s employee discount isn’t for everyone. The automaker, which last week temporarily extended the perk nationally to anyone in a [...]
Saturday, August 30, 2008 GM offers more buyouts Carmaker extends deal to 9,000 salaried workers Robert Snell / The Detroit News DETROIT — General Motors Corp. has started offering early retirement to some U.S. salaried workers as the automaker moves to further cut costs. About 9,000 workers have been offered the deal, according to a [...]
Electric fault spurs big GM recall Fri Aug 29, 2008 1:02pm EDT DETROIT (Reuters) – General Motors Corp is recalling 857,735 vehicles equipped with a heated windshield wiper fluid system for a potential short-circuit problem, according to federal safety regulators. A short-circuit in the system may cause other electrical features to malfunction, create an odor [...]
Friday, August 29, 2008 Scott Burgess: Commentary Lineup strong without ‘game changer’ JOLIET, Ill. — As General Motors Corp. showed off its 2009 lineup Thursday, I found myself wondering, "What’s the next Malibu?" So I posed that question to a table full of GM employees during lunch at the automaker’s annual event to roll out [...]
Friday, August 29, 2008 GM ’09 line fuel efficient Lutz: New models will lead firm back to profitability Robert Snell / The Detroit News JOLIET, Ill. – General Motors Corp. Vice Chairman Bob Lutz said GM isn’t dead or dying, but poised to build on the success of its most fuel-efficient vehicles with upcoming models [...]
Union at GM Daewoo rejects pact queryvar=”union,at,gm,daewoo,rejects,pact”; Gary Anglebrandt Automotive News | August 28, 2008 – 10:09 am EST SEOUL — The union at GM Daewoo Auto & Technology Co. today voted against a tentative agreement, made this week, that ended two months of partial strikes related to contract negotiations. A spokesperson [...]
Automotive News | August 29, 2008 – 6:00 am EST (Reuters) — Bankrupt U.S. auto parts maker Delphi Corp may end up being liquidated, with some U.S. plants being taken over by its former parent General Motors, the Wall Street Journal said, citing people involved in the bankruptcy process. Even if [...]
Thursday, August 28, 2008 Analyst: Big 3 may lose $5.6B Annual earnings loss comes from permanent consumer shift from trucks to small cars. Alex Ortolani / Bloomberg News High gasoline prices and the shift away from trucks and sport utility vehicles is hitting Detroit’s automakers hard. In the United States, they may lose about $5.6 [...]
DEMOCRATIC CONVENTION Harry Stoffer Automotive News | August 27, 2008 – 3:52 pm EST DENVER — Ford Motor Co. executives are telling lawmakers and other policymakers that suppliers as well as automakers are in critical need of low-interest federal loans soon. Ford purchasing chief Tony Brown was part of the automaker’s pitch to [...]
Chrysler considers selling the Dodge Viper queryvar=”chrysler,considers,selling,the,dodge,viper”; Brad Wernle Automotive News | August 27, 2008 – 10:13 am EST DETROIT — Chrysler LLC has put its hand-built Dodge Viper sports car business on the block. The automaker announced today that it was undertaking a "strategic review" of the Viper business and stressed [...]
Supplier Cadence seeks Chapter 11 protection queryvar=”supplier,cadence,seeks,chapter,11,protection”; David Barkholz Automotive News | August 26, 2008 – 12:11 pm EST The owners of Cadence Innovation LLC sought Chapter 11 bankruptcy protection today after efforts to sell the plastic parts maker failed. Cadence is a key supplier to General Motors. It makes interiors for [...]
Automotive News | August 27, 2008 – 8:00 am EST MUMBAI (Reuters) — General Motors will sign an agreement with the western state of Maharashtra for an engine and transmission plant on Thursday, as it steps up the pace in one of the world’s fastest-growing auto markets. The unit will be [...]
Wednesday, August 27, 2008 For $75M, Mich. Truck will soon roll out cars Bryce G. Hoffman / The Detroit News WAYNE — Ford Motor Co.’s Michigan Truck Plant is about to get an extreme makeover. On Tuesday, Ford said it will invest $75 million to retool the plant to produce a new generation of small [...]
Wednesday, August 27, 2008 Scott Burgess Better not bigger: New Dodge Ram is a vast improvement in comfort, innovation SANTA BARBARA, Calif. — The pickup wars just got a lot more interesting. Instead of trying to create a truck that is bigger, badder and can tow more manure, Dodge decided to make the 2009 Ram [...]
