July 15, 2009 Strong workers cause for hope State Rep. Ty Cobb By state Rep. Ty Cobb My first year in the Tennessee General Assembly will be remembered as one with many challenges and surprises. From the moment I was sworn in, I was told that Tennessee’s revenue figures were continuing to take a downturn [...]
Jul 13, 2009 Tab hits $95.7 billion so far for bailout of General Motors, Chrysler and auto parts suppliers 02:19 PM The answer, in the chart, is: just shy of $100 billion… How much is that? Here is how it stacks up… It’s enough to buy 500 new refueling planes for the the [...]
July 15, 2009 Editorial: Spring Hill stands tall in industry’s sea of doubt Uncertain future for autoworkers People line the walls of the UAW hall in Spring Hill on June 26, listening to labor leaders, city officials and others discuss the GM plant’s future after it was announced production of a new small car will [...]
July 13, 2009 Lutz: GM might revive the G8 under Chevrolet Caprice name By Justin Hyde Free Press Washington Staff WASHINGTON – General Motors Co. might revive the Chevrolet Caprice name as a way to save the outgoing Pontiac G8 sedan, and will not consider diesel cars for the United States until the business case [...]
Big 3′s heaviest debt load now falls on Ford July 13, 2009 |10:10 | Ford Motor Co. has benefited for months from the woes of its bailed-out Detroit brother General Motors Corp., but GM’s emergence from bankruptcy – freed from its heaviest debts – now puts debt-laden Ford at a disadvantage. GM used the bankruptcy [...]
July 14, 2009 GM Retirees Who Lost Health Care Benefits in Bankruptcy Fight to Get Them Back The new GM emerged from bankruptcy Friday, July 10, with a leaner workforce and less debt. One reason is that, with the help of the Treasury Department, the Detroit automaker will not have to pay for the health [...]
Wednesday, July 15, 2009, 7:00am CDT | Modified: Wednesday, July 15, 2009, 8:30am GM drops Jim Reed from Chevy line-up Nashville Business Journal – by Turner Hutchens Staff Writer HEATHER LEIPHART | NASHVILLE BUSINESS JOURNAL Jim Reed Chevrolet occupies more than 600,000 square feet along Broadway. View Larger After almost 80 years, one of Nashville’s most [...]
JULY 14, 2009, 5:38 P.M. ET Ex-GM CEO Wagoner To Get Lifetime Salary, Benefits For 5 Yrs General Motors Corp. said Tuesday former Chairman and Chief Executive Rick Wagoner will receive an annual salary of $74,030 for his lifetime and annual benefits of $1.6 million for five years. The Obama administration demanded Wagoner [...]
GM Lawyer Says Auto Panel to Be Gone by September By Matthew Lucas-Miller and Craig Trudell July 14 (Bloomberg) — Harvey Miller, the lawyer who represented General Motors Co. in its bankruptcy restructuring, said he expects the Obama administration’s auto task force to dissolve in the next six weeks. “I really believe that by the [...]
