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 [...]
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 [...]
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. [...]
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 [...]
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. [...]
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 [...]
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 in its home market. He’d better, because the "new [...]
GM’s Lutz reverses decision to retire, gets global ‘creative’ post queryvar=”gm’s,lutz,reverses,decision,to,retire,gets,global,creative,post”; 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. Lutz, 77, will extend his [...]
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 [...]
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 function UpdateTimeStamp(pdt) { var n = document.getElementById(“udtD”); if(pdt != ” && n && window.DateTime) { var dt = new DateTime(); pdt = dt.T2D(pdt); if(dt.GetTZ(pdt)) {n.innerHTML = dt.D2S(pdt,((‘false’.toLowerCase()==’false’)?false:true));} [...]
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. [...]
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 [...]
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 [...]
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 [...]
cnnad_renderAd(“http://ads.cnn.com/js.ng/site=cnn_money&cnn_money_position=336x280_rgt&cnn_money_rollup=services&cnn_money_section=clickability&cnn_money_subsection=print_this”); ‘New’ GM is born Automaker closes deal with government. CEO Henderson: ‘We’ll work hard to repay the trust, and the money, that so many have invested in GM.’ By Chris Isidore, CNNMoney.com senior writer Last Updated: July 10, 2009: 12:21 PM ET NEW YORK (CNNMoney.com) — After a six-week trip through bankruptcy, [...]
