Buick to Use Virtual eVent Monday to Unveil New LaCrosse - VIDEO ENHANCED
Jun 21, 2009
DETROIT - June 21, 2009: The new 2010 Buick LaCrosse will debut tomorrow at 12 Noon EDT via a special online media presentation. Susan Docherty, GM North America Vice President, Buick-Pontiac-GMC; Ed Welburn, Vice President of Global Design; and Jim Federico, Global Vehicle Line Executive â Midsize Cars. ... Continue reading
Complete 2010 General Motors Product Guide for the United States
Jun 20, 2009
A Leaner, Greener, Reinvented General Motors Launches Six All-New Models in North America for 2010 DETROIT â June 10, 2009: General Motors begins its new chapter with the introduction of six all-new 2010 models that combine leading-edge design, technology, engineering excellence and quality, backed by the most com ... Continue reading
Jun 19, 2009
DETROIT - June 19, 2009: Although the U.S. Government has guaranteed the warranties of all General Motors vehicles during its reorganization period, some consumers are still worried about car servicing and resale value. However, despite dealership closings and brands disappearing, GM will still have the largest dealer ... Continue reading
OJT: New GM Board Chair Vows to "Learn About Cars"
Jun 14, 2009
New York June 10, 2009; Amy Thomson and Katie Merx writing for Bloomberg reported that Edward E. Whitacre Jr. built AT&T Inc. into the biggest U.S. provider of telephone service over a 43-year-career. By his own admission, he becomes chairman of General Motors Corp. knowing nothing about the auto industry. The 6-foot-4 ... Continue reading
The Fox is Now Guarding the GM Henhouse
Jun 12, 2009
By Marc J. Rauch Exec. Vice President/Co-Publisher THE AUTO CHANNEL General Motors is in need of a complete overhaulâ¦obviously. They need to get rid of the dead-weight in both product and personnel, which they appear to be trying to do if you donât count Buick and Pontiac. They have to regain the trust of inv ... Continue reading
Survey Shows Public Wary of Government Running Auto Companies
Jun 11, 2009
More Than Half of Consumers Think Auto Companies' Bailouts were Bad Idea TUSTIN, CA - June 11, 2009: A just-completed national survey shows American consumers are skeptical of the U.S. governmentâs involvement in the auto industry, with 81 percent of respondents agreeing that the faster the government gets out of ... Continue reading
GM Statement Re: Recent Changes in GM Stock Price and Volume
Jun 10, 2009
DETROIT, June 10 -- GM management has noticed a recent elevation in the volume and price of its common stock. While GM does not control the market or its stock price, GM management strongly believes that any recovery for the common stockholders in the chapter 11 bankruptcy process is highly unlikely, even under the mos ... Continue reading
Survey Shows Public Wary Of Government Running Auto Companies
Jun 10, 2009
<b>More Than Half of Consumers Think Auto Companiesâ Bailouts were Bad Idea</b> TUSTIN, June 10, 2009: A just-completed national survey shows American consumers are skeptical of the U.S. governmentâs involvement in the auto industry, with 81 percent of respondents agreeing that the faster the government gets ... Continue reading
Jun 7, 2009
The 2009 Buick Enclave is a sophisticated up to eight-passenger sport utility vehicle. ... Continue reading
Auto Ads Down By $1.1 Billion In First Quarter
Jun 6, 2009
<b>By Claire Atkinson -- Broadcasting & Cable</b> <b>GM consolidation to take auto ad category down by $1.3 billion, but there's good news for stations</b> New York, June 4, 2009: The General Motors focus on four auto brands, rather than eight, will reduce auto advertising by $1.3 billion, says senior analyst Michael N ... Continue reading
Jun 3, 2009
WILMINGTON, Del.--Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, said today that it has been appointed by the United States Trustee to the unsecured creditorsâ committee in the bankruptcy of General Motors Cor ... Continue reading
Jun 3, 2009
<b>Robert Snell</b> Writing for the The Detroit News, Robert Snell says that General Motors Corp. is eliminating more dealers than initially reported and taking a tough stance with the rest of its retailers who must agree to stricter sales and performance targets or be eliminated in bankruptcy court. Dealers nationwide ... Continue reading
New Era in Autos as GM Set for Bankruptcy
Jun 1, 2009
Washington DC June 1, 2009; The AIADA newsletter reported that as GM prepared to file for bankruptcy, the question facing 56,000 auto workers, 3,600 GM dealers, and the Obama administration is: Will it work? According to the Wall Street Journal, the government, which will own a majority of the company, is wagering upwa ... Continue reading
General Motors' Board of Directors Statement
Jun 1, 2009
Attributable to Kent Kresa, Chairman DETROIT - June 1, 2009: âThe General Motors Board of Directors authorized the filing of a chapter 11 case with regret that this path proved necessary despite the best efforts of so many. Today marks a new beginning for General Motors. A court-supervised process and transfer of ... Continue reading
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