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 and that this budget [...]
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 Air Force, based on a [...]
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 be in Orion [...]
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 improves.
Those comments and [...]
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 process and its [...]
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 prominent Chevrolet dealers won’t be selling new [...]
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 step down [...]
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 end [...]
