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 “...
Bidder for General Motors Saturn steps forward, promises to keep the brand alive!
A Oklahoma City consortium led by Telesto Ventures, made up of private equity firm Black Oak Partners and a number of Saturn dealers, has approached General Motors (GM) about purchasing the brand assets and dealership network of its struggling Saturn b...
January 2009
Why Ford and GM wants to sell Volvo and Saab brands?
In my entire life I’ve never known a person who bought or drove a Saab. Scratch that, there was a dude in 1986 who had a 900 convertible. Saab has nothing of value for anyone, including GM. They need to close it already and be done with it. Saab&...
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