Posts by Tag: General Motors»

Automotive

General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money
Aug 18, 2010 Ξ Comments 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

GM Re-Recalls 1.5 Million Vehicles for Heated Washer Fluid System Fire Risk
Jun 8, 2010 Ξ Comments Off on GM Re-Recalls 1.5 Million Vehicles for Heated Washer Fluid System Fire Risk

GM Re-Recalls 1.5 Million Vehicles for Heated Washer Fluid System Fire Risk

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General Motors has recalled 1.5 million vehicles equipped with a heated washer fluid system that could catch fire. No replacement solution is available to the header washer fluid system so  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 »

Auto Show

2010 Green Car of the Year TBA
Sep 10, 2009 Ξ Comments Off on 2010 Green Car of the Year TBA

2010 Green Car of the Year TBA

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Green Car Journal is gearing up to announce their choice of Green Car of the Year at the Los Angeles Auto Show on December third.  This award, started in 2005,  Full Article »

Automotive

Koenigsegg Could Be Buyer of Saab
Jun 12, 2009 Ξ Comments 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 Ξ Comments 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 Ξ Comments 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 Ξ Comments 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 Ξ Comments 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 Ξ Comments 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 Ξ Comments 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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