General Motors Launches Extensive New 2009 Model Year Line-up In The Middle East
Dec 3, 2008
New models from Chevrolet, Cadillac, HUMMER and GMC will spearhead General Motors' latest product offensive, marking the arrival of the new 2009 model year line-up and seeing the company's brands expand into a number of important new market sectors. ... Continue reading
GM, Ford Shares Jump On Bailout Outlook
Nov 27, 2008
DETROIT, MI. November 26, 2008: According to Automotive News, Shares of General Motors and Ford Motor Co. jumped today after Deutsche Bank said chances have improved for the struggling U.S. automakers to receive a government bailout. "There is growing concern about the risks to the U.S. economy that would be derived fr ... 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
Waxman Dethrones Dingell As Chairman
Nov 20, 2008
<B><I>By PATRICK O'CONNOR - POLITCO</B></I> Washington DC, November 20, 2008: California Rep. Henry A. Waxman on Thursday officially dethroned longtime Energy and Commerce Chairman John Dingell, upending a seniority system that has governed Democratic politics in the House for decades. In a secret ballot vote in the Ca ... Continue reading
Waxman Unseats Auto Ally On House Energy Committee
Nov 20, 2008
Washington, DC November 20, 2008: According to Automotive News, Rep. Henry Waxman, D-Calif., has unseated Rep. John Dingell, D-Mich., longtime auto industry ally in Congress, as chairman of the powerful House Energy and Commerce Committee, which handles much industry-related legislation. ... 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
Chrysler, GM Gear Up For Still More Job Cuts
Oct 24, 2008
GM, Chrysler gear up for still more job cuts By Shawn Langlois, MarketWatch SAN FRANCISCO (MarketWatch) -- General Motors Corp. and Chrysler LLC, mulling a merger to survive the current U.S. economic crisis, are each planning yet another round of job cuts as vehicle sales continue to plummet both at home and abroad. GM ... Continue reading
GM to move money from China to save U.S. market
Oct 16, 2008
GM to move money from China to save U.S. market http://www.gasgoo.com/auto-news/1008051/GM-to-move-money-from-China-to- save- U-S-market.html Shanghai, October 16 (Gasgoo.com) A senior GM executive said the company has plans to move money from Chinese operations to compensate for its North American losses, the National ... 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
Sep 24, 2008
Inaugural Sustainability Report Captures Online Consumer Sentiment Regarding Environmental Issues In the Automotive, Consumer Packaged Goods, Energy and Retail Industries WESTLAKE VILLAGE, Calif., Sept. 23 -- Based on the analysis of 40 million blog posts collected during the past six months, in six major industries, f ... Continue reading
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