September 28, 2009 GM retirees pinching pennies Bankruptcy throws uncertainty into plans By Bill O’Brien Traverse City Record-Eagle TRAVERSE CITY — Duane D’Arcy always considered himself a “happy-go-lucky Irish guy.” The tag seemed to fit. He retired in 1993 after a rewarding 33-year career as a General Motors Corp. supervisor, and returned to live in [...]

September 28, 2009 Roger Penske expected to close Saturn deal soon By TIM HIGGINS FREE PRESS BUSINESS WRITER Detroit businessman and booster Roger Penske is on track to close a deal to buy General Motors’ Saturn division on Wednesday, the Free Press learned today. The official announcement could come Thursday.   GM and Bloomfield Hills-based [...]

Could GM Shut Hummer Down? Posted: Sep. 28, 2009 10:09 a.m.   General Motors has agreed to sell its Hummer division to Chinese construction equipment manufacturer Sichuan Tengzhong Heavy Industrial Machinery, but there are some signs that the deal might not go through.  If the two companies can’t work out a sale, what will happen [...]