GM
GM Chief Whitacre Predicts Return to Profit in 2010
By Bill Koenig and Katie Merx Jan. 6 (Bloomberg) — General Motors Co. Chairman and Chief Executive Officer Ed Whitacre predicted that the government- owned automaker will be profitable in 2010, ending five years of annual losses. Whitacre also said today he believes new Chief Financial Officer Chris Liddell could be a candidate to become [...]
At General Motors, Loss Reduction Is a Good Start
The restructured automaker is expected to report a relatively modest third-quarter loss on Monday, with improvement in cash flow and pricing. By David Welch On Monday, Nov. 16, General Motors CEO Frederick A. “Fritz” Henderson will give the company’s first update since it emerged from bankruptcy in June. The news is supposed to be good—relatively [...]
GM Board Decides to Keep Opel
With new prospects for government aid, General Motors’ board of directors nixes the proposed sale of the automaker’s troubled German unit By David Welch Well, the new board of directors at General Motors got its way. The automaker will keep its long-struggling, German-based Adam Opel unit rather than sell it to Canadian parts maker Magna [...]
GM Gets a Fresh Start
CEO Henderson promises more management changes and faster decision making as a “new” GM hits the road By David Welch The new, government-owned General Motors is starting to take shape. GM emerged from bankruptcy on Friday, July 10, and with it came a slew of changes. The company will have far less debt, fewer brands, [...]
Corvette Stingray
General Motors presented a 50th anniversary version of the Chevrolet Corvette Stingray concept car image. Image above is a special car, has a strong future-oriented atmosphere and high-tech equipment. The car is used to celebrate the 1959 Corvette Stingray Racer Concept Car available the 50th anniversary of the first appearance was in February of this [...]
GM’s 2010 Chevrolet Camaro breaks through
Posted by: David Welch In Detroit’s hey day, American cars were been fawned over in rock and roll tunes both for their brawny performance and cultural significance. Songs like Bruce Springsteen’s “Cadillac Ranch” glorified big, ostentatious Caddies. “Hot Rod Lincoln” by Commander Cody and the Lost Planet Airmen did far more as an homage to [...]
GM Looking At New Ad Agencies For Chevrolet
Posted by: David Kiley General Motors, facing criticism that it may not be moving fast enough to stir new conversations around its brands, is about to start hearing new pitches from new ad agencies. As first reported by Jean Halliday in Ad Age, it does not appear that long time ad agency Campbell-Ewald, Warren MI [...]
GM Plans to Spend on New Models
By David Welch General Motors may be loosening the purse strings. After living through austerity over the past couple of years, GM aims to add 7 to 10 new vehicles to its current product plan. Management thinks it will need those models to hit revenue and profit targets. CEO Frederick A. “Fritz” Henderson and Vice-Chairman [...]
GM Mini Personalized Car
General Motors Corp. for the global ability to respond to changes in the market can be said to have a very good performance, this comes from the Internet forums GMblogs from the user for the company to implement a more fuel-efficient new model has a very deep impression on them can be resolved . In [...]
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