July 7, 2009 Spring Hill plant may get other GM work Plant’s flexibility fits shift to lighter vehicles By G. Chambers Williams III THE TENNESSEAN There could be new life for http://www.gm.com/">General Motors’ Spring Hill assembly plant after all, despite a streak of bad news at the Middle Tennessee facility that has left nearly 2,900 [...]

  • Share/Bookmark

NGMCO, Inc, replaces General Motors Corporation, but who minds the store?   July 6, 8:09 AM · John Matras – Auto Review Examiner Now that the federal bankruptcy judge approved the sale of substantially all of General Motors Corporation’s assets to NGMCO, Inc, the future of that carmaker depends on the (almost) three-quarters government ownership [...]

  • Share/Bookmark

July 6, 2009 What sale means to UAW, taxpayers BY Greg Gardner FREE PRESS BUSINESS WRITER General Motors’ bankruptcy exit carries risks and rewards for a variety of groups. Here’s a brief look at likely impacts on several constituencies: Shareholders: They are wiped out.   Secured lenders: They received the face value of their loans. [...]

  • Share/Bookmark

JULY 6, 2009 Economics Wasn’t GM’s Only Criteria for New Plant   By NEIL KING JR. and JOHN D. STOLL When it was deciding where to build its new compact car, General Motors Corp. made a point of saying it would push politics aside and use strictly commercial criteria. So Tennessee’s three top officials were [...]

  • Share/Bookmark