Much, and I mean much, has been written about the General Motors crisis. Some claim the situation is hopeless. Others say there’s a chance that things will work out in time.
Originally posted 2009-06-29 15:02:00. Republished by Old Post Promoter
Articles tagged with: General Motors
A strategy for GM brands
GM accepts liability for car defects in bid to speed bankruptcy exit
General Motors has agreed to accept liability for future product defects as one of several concessions offered in a bid to win court approval for a quick sale from bankruptcy.
Originally posted 2009-06-29 00:01:00. Republished by Old Post Promoter
GM, Magna to close Opel sale by mid-September, official says
General Motors and Magna International Inc. hope to close the sale of a majority stake in GM’s Opel by the middle of September, ahead of Germany’s general elections, an Opel supervisory board member told Reuters today.
Originally posted 2009-06-26 12:31:00. Republished by Old Post Promoter
Delphi salaried retirees seek pension aid from GM
Delphi Corp. salaried retirees picketed outside General Motors’ headquarters today, hoping to spur the bankrupt automaker to assume payment of their pensions if Delphi emerges from its own Chapter 11 reorganization as planned.
Originally posted 2009-06-25 16:21:00. Republished by Old Post Promoter
GM’s goal: Stores that go one-on-one with Toyota stores
General Motors wants to match the dealership networks of Toyota, Nissan and Mercedes in the nation’s major metro markets.
Originally posted 2009-06-04 16:54:54. Republished by Old Post Promoter
Chevrolet Volt remains on track, but electric grid still a challenge
Despite General Motors’ looming troubles, development of the Chevrolet Volt rolls on, and 80 new prototypes will be built and tested starting this summer.
Originally posted 2009-06-04 17:27:52. Republished by Old Post Promoter
Suzuki halts production in N. America
Suzuki Motor Co. will make no more vehicles in North America this year, but CEO Osamu Suzuki says he remains committed to the CAMI venture with General Motors.
Originally posted 2009-05-18 17:18:09. Republished by Old Post Promoter
Canada pledges to back GM, Chrysler warranties
Canada, taking a cue from the United States, will attempt to ease customers’ concerns about an automaker bankruptcy by providing warranty guaranties on Chrysler LLC and General Motors vehicles. The program, valued at 5.
Originally posted 2009-04-08 17:37:21. Republished by Old Post Promoter
RHJ offers 275 million euros for Opel majority stake
Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors’ Opel business in a last-ditch effort to beat rival suitors.
RHJ offers 275 million euros for Opel majority stake
Belgian financial investor RHJ International offered 275 million euros ($387.6 million) for a 50.1 percent stake in General Motors’ Opel business in a last-ditch effort to beat rival suitors.












