Friday, July 10, 2009
Lutz vows to change attitudes about GM
David Shepardson / Detroit News Washington Bureau
Washington — General Motors Co.’s vice chairman Bob Lutz — who canceled his retirement in order to stay on with the automaker — says his job is to change people’s minds.
"My job is to integrate GM’s marketing and communications activities [...]
Friday, July 10, 2009
GM’s CEO: ‘There are no third chances’
David Shepardson / The Detroit News
General Motors Co. completed the paperwork, and its good assets exited bankruptcy at 6:30 a.m. this morning.
The new company, which emerged after a 41-day stay in court, vowed to end "business as usual" and immediately announced a shake-up of its management [...]
July 10, 2009
GM, Chrysler fight House bills
Measures would reverse dealership cuts
BY JUSTIN HYDE
FREE PRESS WASHINGTON STAFF
WASHINGTON — General Motors Co. and Chrysler Group stepped up their lobbying Thursday against bills in the U.S. House that would reverse their cuts in dealerships, arguing the moves threaten their survival out of bankruptcy.
Meanwhile, Michigan Rep. Gary Peters, [...]
Back to work for Arlington GM workers
01:04 PM CDT on Friday, July 10, 2009
By JIM DOUGLAS / WFAA-TV
Jim Douglas reports.
ARLINGTON – General Motors has emerged from bankruptcy after only 40 days of restructuring.
So what does this mean for General Motors workers in Arlington?
For some, it means they will return to [...]
Toyota may drop U.S. joint venture with GM
Fri Jul 10, 2009 5:05pm EDT
DETROIT, July 10 (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) said on Friday it would consider liquidating its stake in a California-based joint venture with General Motors Corp (GMGMQ.PK: Quote, Profile, Research, Stock Buzz) after the U.S. automaker pulled [...]
Montana gov blasts GM plan to cancel mine contract
By MATTHEW BROWN – 9 hours ago
BILLINGS, Mont. (AP) — Montana Gov. Brian Schweitzer is asking the Obama administration to force General Motors Corp. to honor its contract with a platinum mine instead of buying the precious metal from overseas.
GM wants to cancel its contract with the [...]
Thursday, July 9, 2009
Daniel Howes
Henderson needs to shake up GM
The book on Fritz Henderson is that the General Motors Corp. CEO, a company lifer, has what it takes to shape the "new GM" into what it has never been: a lean, cost-efficient automaker [...]
GM’s Lutz reverses decision to retire, gets global ‘creative’ post
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Jamie LaReau
Automotive News | July 10, 2009 – 12:01 am EST
DETROIT — Bob Lutz, the former General Motors product chief who had intended to retire at the end of this year, is staying with the company.
[...]
Janesville says WI offered GM $200M
Tuesday, July 07, 2009 at 2:27 p.m.
(AP) — Wisconsin offered General Motors about $200 million in incentives to locate its new small car plant in Janesville.
The city of Janesville reported the total in a press release Tuesday, and assistant Rock County administrator Phil Boutwell confirmed that was the state’s [...]
GM close to offering ex-CEO Wagoner exit deal
Report: Ex-exec could be eligible for pensions worth around $20 million
msnbc.com
updated 6:07 p.m. CT, Thurs., July 9, 2009
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As General Motors prepares to exit bankruptcy, the automaker [...]
July 10, 2009
Hummer scouts Williamson County for HQs
Both sides say talks are only preliminary
By Kevin Walters
THE TENNESSEAN
FRANKLIN — Hummer, the sport utility vehicle manufacturer in the process of being spun off by General Motors, has had early discussions with Williamson County officials about relocating the company’s headquarters here, officials said.
In late June, Hummer Chief [...]
July 10, 2009
Economic boom fizzles while Spring Hill waits
Major new development, cinema on hold for now
By Jill Cecil Wiersma
THE TENNESSEAN
SPRING HILL — Just a few years ago, Spring Hill celebrated its status as one of the country’s fastest-growing cities.
Things screeched to a halt last year, leaving some big plans to wither on the vine [...]
GM Sleepy Hollow Nightmare Shows Peril for Factories
By Linda Sandler and Patricia Hurtado
July 9 (Bloomberg) — General Motors Corp. closed its minivan factory in Sleepy Hollow, New York, 13 years ago, after a record 82-year run for a company plant.
Encouraged by the site’s views of the Hudson River, just 23 miles north of [...]
GM to Lose Market Share on Lack of New Products, Merkle Says
By Ken Prewitt and Craig Trudell
July 9 (Bloomberg) — General Motors Corp., poised to exit bankruptcy as soon as today, will keep losing U.S. market because it lacks new-model introductions for early 2010, according to Erich Merkle, an independent auto analyst.
GM’s only new [...]
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