April 2009
GM Probably Needs $4.6 Billion more government aid 'soon'
GM CEO Fritz Henderson on Friday called reports that the automaker is considering shedding more brands, such as Pontiac and GMC, “speculation” at this point. General Motors will need five billion dollars in additional government aid “...
Treasury Tells GM To Prepare For "surgical" Bankruptcy
The US government Treasury Department told struggling carmaker General Motors, operating under emergency US government loans, to ready itself for a possible bankruptcy filing by June 1. Members of President Barack Obama’s automotive task force ha...
March 2009
General Motors launches "Total Confidence" program (customer protection plan) to encourage buyers
General Motors launches “Total Confidence” program (customer protection plan). Or is it just to encourage buyers! The market is so excited about the GM plan in which they get to use taxpayer money to cover their payments if they lose their ...
American Axle & Manufacturing Holdings Inc's Future, what about others?
American Axle & Manufacturing Holdings Inc said in a regulatory filing today that it may violate the terms of its loan agreements as the future of its primary customers are still in question. General Motors Corp. and Chrysler LLC are American Axle...
February 2009
GM and Delphi talks; GM May Take Back Part of Delphi!
General Motors Corp is in talks to take back large portions of Delphi Corp , the parts supplier spun off by the auto maker a decade ago, the Wall Street Journal said, citing people involved in the negotiations. - General Motors Corp is in talks to take...
December 2008
Why Rick Wagoner GM CEO is worst among all?
My heart goes out to all the workers who will be impacted by this. But I’ve got a lump of goal for management’s stocking. HQ dropped the ball big time and they, not the worker, should suffer the consequence. This brings back the image of th...
1
(6 marks)
