Are You a U.S. Taxpayer? If So, You Own GM. What do you think of Your Company?
Jul 12, 2009
AUTO CENTRAL - July 10, 2009: 60% of the new General Motors is owned by the American people. Therefore, if you're a U.S. taxpayer then you are a part owner of the company. Well this is your big chance Mr. or Ms. GM Owner to sound off on the company. You're an owner, so anything goes (keep the four-letter words to a min ... Continue reading
New GM Emerges From Bankruptcy; TheAutoChannel.com Comments - VIDEO ENHANCED
Jul 10, 2009
Moving Forward with Same Old Products and Old Values By Marc J. Rauch Exec. Vice President/Co-Publisher The Auto Channel General Motorsâ President and CEO Fritz Henderson hosted a news conference this morning to announce that General Motors has emerged from Chapter 11 bankruptcy. The press conference with a Q&A se ... Continue reading
The New General Motors Company Launches Today - COMPLETE PRESS CONFERENCE VIDEO
Jul 10, 2009
New GM to Focus on Customers, Cars and Culture GM gets back to the business of building great cars and trucks, serving customer needs New company created from GM's strongest assets Four core brands backed by the nation's largest and strongest dealer network Streamlined organization on a global basis for faster decision ... Continue reading
"New GM" Out of Bankruptcy Sans "Bad" Assets
Jul 10, 2009
DETROIT July 10, 2009; Kevin Krolicki and David Bailey writing for Reuters reported that a new General Motors emerged from bankruptcy protection on Friday -- far more quickly than most industry-watchers had expected -- as a leaner automaker pledging to win back American consumers and pay back taxpayers. A whirlwind 40- ... Continue reading
GM and eBay Partner in California
Jul 10, 2009
DETROIT, Jul 10, 2009; (Reuters) - General Motors (GMGMQ.PK) and its dealers will test a partnership with eBay Inc (EBAY.O) in California that allows customers to bid on new vehicles or buy them at a predetermined price online, the automaker said on Friday. "We'll be testing this and other ideas with our dealers over t ... Continue reading
NADA Statement on GM's Emergence From Bankruptcy
Jul 10, 2009
MCLEAN, Va., July 10 /PRNewswire-USNewswire/ -- The following is a statement from John McEleney, chairman of the National Automobile Dealers Association, on General Motor's emergence from bankruptcy: "This has been a difficult and wrenching process for everyone involved. Obviously, for GM to get out of bankruptcy so qu ... Continue reading
Jul 10, 2009
Washington DC July 10, 2009; The AIADA newsletter reported that General Motors Co. completed the paperwork, and its good assets exited bankruptcy at 6:30 a.m. this morning. According to the Detroit News, the new company also announced a shake-up of its management team, eliminating its North American president position ... Continue reading
GM China to Continue Operations Under New GM
Jul 7, 2009
GM China to continue operations under new GM Shanghai, July 7 GM China Group said in a statement on Monday that an U.S. Bankruptcy Judge has approved the sale of GM's assets to a government funded new GM, allowing the company's most profitable assets to exit bankruptcy protection under government ownership. Robert Gerb ... Continue reading
GM Asset Sale Approved by U.S. Bankruptcy Court
Jul 6, 2009
Approval marks another step toward the launch of an independent new GM NEW YORK - July 6, 2009: General Motors achieved another milestone in its reinvention last night when Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors ... Continue reading
RoadTrip: 2009 Cadillac CTS VS. 2009 Lincoln MKS - EXCLUSIVE VIDEO
Jun 30, 2009
Take a Road Trip with The Auto Channel in a classic confrontation between America's two luxury brands. ... Continue reading
U.S. Automakers Closing the Gap with Overseas Competitors - VIDEO STORY
Jun 23, 2009
DETROIT - June 23, 2009: The newly released annual J.D. Power and Associates Automotive Initial Quality Survey shows a closing gap between foreign and domestic cars. Over the last two decades, foreign automakers have developed a reputation for producing better cars than their North American competitors, often outrankin ... 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
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