Posts by Tag: General Motors»

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 »

Automotive

General Motors Rolling Out Termination Plan for 1,124 Dealerships
May 15, 2009 ΞComments Off on General Motors Rolling Out Termination Plan for 1,124 Dealerships

General Motors Rolling Out Termination Plan for 1,124 Dealerships

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General Motors has recently told about 1,124 dealerships, which are mostly poor performers, that their GM franchise agreements won’t likely be extended past October 2010.

Automotive

Sell-Off of Saturn Brand Accelerated by GM
Apr 29, 2009 ΞComments Off on Sell-Off of Saturn Brand Accelerated by GM

Sell-Off of Saturn Brand Accelerated by GM

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General Motors Corp.’s Saturn brand will be either sold off or phased out by the end of this year. Earlier announcements said that it would have been at least 2  Full Article »

Automotive

GM Prepping to Announce Closure of Pontiac

GM Prepping to Announce Closure of Pontiac

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Okay, the economic situation was already pretty serious. Now it is really hitting big companies like General Motors, very hard. General Motors is preparing to announce the closure of the  Full Article »

Automotive

GM Plans to Shut-Down Plants For The Summer
Apr 23, 2009 ΞComments Off on GM Plans to Shut-Down Plants For The Summer

GM Plans to Shut-Down Plants For The Summer

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At this point, there is no doubt in my mind; GM will be filing for bankruptcy soon. Confirmed by various sources, GM cannot file until after sometime in June of  Full Article »

Automotive

GM Bankruptcy Woes: GM Prepping for Bankruptcy and New Offer to Bondholders
Apr 10, 2009 ΞComments Off on GM Bankruptcy Woes: GM Prepping for Bankruptcy and New Offer to Bondholders

GM Bankruptcy Woes: GM Prepping for Bankruptcy and New Offer to Bondholders

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No doubt that the majority agree that GM filing Bankruptcy would not be such a bad thing. Many support the idea that bankruptcy would “force” them into restructuring and emerging  Full Article »

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