GM Chrysler Merger Talks Reopen
Dec 18, 2008
December 18, 2008; Ajay Kamalakaran writing for Reuters reported that General Motors (GM - News) and Chrysler have reopened merger talks, as Chrysler owner Cerberus Capital Management (CBS.UL) has signaled its willingness to give away part of its ownership in the auto maker, the Wall Street Journal said, citing people ... Continue reading
GM Announces Significant Production Cuts for Q1 '09
Dec 15, 2008
Moves In Direct Response to Rapidly Deteriorating Market Conditions DETROIT - General Motors announced today a significant reduction of planned production for the first quarter of 2009 due to the ongoing and severe drop in industry sales, which were down 36 percent in November overall and 41 percent for GM (2007 vs. 20 ... Continue reading
Vehicle-to-Pedestrian Communication May Lead to Safer Roads - VIDEO STORY
Dec 14, 2008
DETROIT - December 13, 2008: According to the National Highway Traffic Safety Administration, over 112,000 pedestrians and cyclists were injured and nearly 5,800 killed in traffic crashes in 2006. With new technology, the automotive industry hopes to help reduce those numbers. General Motors has been developing a two-w ... Continue reading
HEELS ON WHEELS: KATRINA'S 2008 TOP 10 VEHICLES FOR FEMALE DRIVERS
Dec 12, 2008
HEELS ON WHEELS By Katrina Ramser San Francisco Bureau The Auto Channel As an automotive journalist, I test drive many different vehicles. With one car always coming and another going each and every week, the desensitizing of 'new' has helped me develop objectivity (if not an attitude of blasé) towards all vehicles. ... Continue reading
GM'S COMMITMENT TO THE AMERICAN PEOPLE
Dec 8, 2008
We deeply appreciate the Congress considering General Motors' request to borrow up to $18 billion from the United States. We want to be sure the American people know why we need it, what we'll do with it and how it will make GM viable for the long term. For a century, we have been serving your personal mobility needs, ... Continue reading
GM says it "disappointed" and "betrayed" consumers
Dec 8, 2008
DETROIT December 8, 2008; Kevin Krolicki writing for Reuters reported that General Motors Corp on Monday unveiled an unusually frank advertisement acknowledging it had "disappointed" and sometimes even "betrayed" American consumers as it lobbies to clinch the federal aid it needs to stay afloat into next month. The pri ... Continue reading
Shanghai GM launches new Buick Regal in China
Dec 4, 2008
Shanghai GM launched a new model of its self-developed brand the Buick Regal earlier this week. ... Continue reading
Why It's Essential for Congress to Provide Financial Stimulus to the U.S. Auto Industry
Nov 26, 2008
The Fate of the Industrialized World Hangs In the Balance This Is Not Merely Issue of Protecting a Segment of the Work Force; itâs an Issue of Societal Progress By Marc J. Rauch Exec. Vice President/Co-Publisher Innovation has almost always been the stimulus to advance human civilization. Sometimes the innovations ... Continue reading
GM And Tiger Woods Announce End To Endorsement Deal
Nov 24, 2008
DETROIT, MICHIGAN November 24, 2008; General Motors and Tiger Woods announced today that they will conclude their endorsement deal effective December 31, 2008. Both GM and Woods agreed to a mutual and amicable separation that included a desire for more personal time for the 14-time major winner who is expecting his sec ... Continue reading
Denying Big Three a Bailout Can Be a Historic Opportunity to Get America off Oil and Save Detroit
Nov 18, 2008
By Edwin Black The impulse to accede to political pressure and jobs blackmail from the Big Three for a $25 billion bailout offers America a historic turning-point opportunity. This is the countryâs chance to both reform the auto industry and ignite a massive shift off of oil in one master stroke. How? The $25 bill ... Continue reading
GM Reports 170,585 Deliveries in October 2008 Down 45% From 2007
Nov 3, 2008
U.S. auto industry at lowest monthly SAAR in more than 25 years DETROIT â General Motors dealers in the United States delivered 170,585 vehicles in October, down 45 percent compared with a year ago. GM truck sales of 97,119 were down 51 percent and car sales of 73,466 were off 34 percent. The steep decline in vehi ... Continue reading
SHOCKER IF TRUE: Report Says GM and Chrysler are in Merger/Acquisition Talks
Oct 11, 2008
DETROIT - October 11, 2008: AP is saying that the Wall Street Journal and the New York Times are reporting today that General Motors and Chrysler have had preliminary talks regarding an acquisition of Chrysler's automotive operations. The AP's report states that the WSJ report claims that Cerberus Capital Management wo ... Continue reading
Oct 10, 2008
A solution to General Motors' North American woes may be staring them right in the face By Marc J. Rauch Exec. Vice President/Co-Publisher General Motors' Europe President Carl-Peter Forster made an ironic cry for government help during his 2008 Paris Motor Show presentation. In discussing carbon emission requirements ... Continue reading
GM Reports 284,300 Deliveries in September 2008; Highest Monthly Market Share of 2008
Oct 1, 2008
DETROIT October 1, 2008; General Motors dealers in the United States delivered 284,300 vehicles in September, giving GM its best monthly share so far in 2008. GM's share improvement was led by continued strong performances in the mid-car, crossover and full size truck segments. The GM Employee Discount for Everyone sal ... Continue reading
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