Posts by Tag: General Motors Bankruptcy»

Automotive

General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money
Aug 18, 2010 ΞComments Off on General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money

General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money

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General Motors is moving closer to terminating the term “Government Motors” as they filed plans to go public and begin selling common shares as soon as this Fall. As you  Full Article »

Automotive

General Motors Posts $865 Million Q1 Profit

General Motors Posts $865 Million Q1 Profit

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General Motors Co. has posted a first-quarter net income of $865 million putting them back on an expected turnaround for making a full year’s profit which they have not seen  Full Article »

Automotive

GM to Announce Full Loan Payback Today

GM to Announce Full Loan Payback Today

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Ever had that great feeling of paying off a credit card or loan on your car? Well, that’s how General Motors will feel this week when they finish payments to  Full Article »

Automotive

Koenigsegg Could Be Buyer of Saab
Jun 12, 2009 ΞComments Off on Koenigsegg Could Be Buyer of Saab

Koenigsegg Could Be Buyer of Saab

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Speculation is arising that Koenigsegg, the Swedish supercar maker, is obtaining Saab from GM. As part of GM’s road back to financial health, they have slapped a for-sale sign on  Full Article »

Automotive

GM Agrees to Sell Saturn Brand to Penske
Jun 5, 2009 ΞComments Off on GM Agrees to Sell Saturn Brand to Penske

GM Agrees to Sell Saturn Brand to Penske

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Saturn owners are some of the most loyal automotive consumers that you will find. The initiation of that same type of loyalty was rolled out in a car company that was  Full Article »

Automotive

Hummer Brand Being Sold to Chinese Machinery Company
Jun 2, 2009 ΞComments Off on Hummer Brand Being Sold to Chinese Machinery Company

Hummer Brand Being Sold to Chinese Machinery Company

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Just yesterday we announced General Motors filing chapter 11 bankruptcy and just today they have found a buyer for the Hummer brand. Hummer will continue to live on through a  Full Article »

Automotive

General Motors (GM) Files for Chapter 11 Bankruptcy

General Motors (GM) Files for Chapter 11 Bankruptcy

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 We all knew this was coming as it was only a matter of time unfortunately. General Motors or GM, has filed for bankruptcy today. The chapter 11 filing comes about  Full Article »

Automotive

GM Being Prepped for Bankruptcy Next Week

GM Being Prepped for Bankruptcy Next Week

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So you may think the government is going to run GM and Chrysler… you may be right. The Obama administration is preparing to send GM into bankruptcy as soon as  Full Article »

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