Archive for 'Business'
GM shakes up management - forms executive committee to lead company
Posted on 23. Jul, 2009 by Zane Merva.
General Motors Company today announced the formation of the executive committee that will lead the new GM, as well as a number of leadership appointments and retirements.
Continue Reading
A fresh start for the “new” General Motors
Posted on 10. Jul, 2009 by Zane Merva.
The new General Motors Company began operations today with a new corporate structure, a stronger balance sheet, and a renewed commitment to make the customer the center of everything the new GM does.
Continue Reading
2010 Silverado/Sierra Information Released
Posted on 18. Jun, 2009 by Josh Merva.
GM has released their GM Fleet and Commercial Car and Truck Guide. Albeit for fleet and commercial, this still gives us some insight into the new options for GM’s entire lineup, and particularly the Silverado and Sierra.
Continue Reading
Former VP says GM is lacking ‘Passion And Creativity’
Posted on 17. Jun, 2009 by Greg Tariff.
In a recent interview with Advertising Age the former General Motors VP of Marketing & Advertising, Mike Jackson, believes that GM’s culture is “so bureaucratic it stifles all passion and creativity”.
Continue Reading
GM sells Saab to Koenigsegg
Posted on 16. Jun, 2009 by Zane Merva.
General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saab’s future.
Continue Reading
GM will discontinue medium duty Chevrolet Kodiak and GMC Topkick
Posted on 08. Jun, 2009 by Zane Merva.
General Motors announced today that will will cease production of its medium-duty truck operations as of July 31st, 2009. After trying to find a buyer for the business and Kodiak/Topkick models- the company has decided to just call it quits.
Continue Reading
GM signs proposal to sell Saturn to Penske Automotive Group
Posted on 05. Jun, 2009 by Zane Merva.
General Motors Corp. and Penske Automotive Group today confirmed details of a proposed transaction under which Penske would acquire the Saturn brand.
Continue Reading
GM signs agreement to sell HUMMER
Posted on 02. Jun, 2009 by Zane Merva.
General Motors Corp. (NYSE: GM), announced it has entered into a memorandum of understanding (MoU) with a buyer for HUMMER, its premium off-road brand. This transaction is the result of GM’s strategic review of the HUMMER brand and the company’s ongoing restructuring efforts.
Continue Reading
Full list of GM plant closures - 14 facilities affected - Michigan/Ohio bear brunt
Posted on 01. Jun, 2009 by Zane Merva.
General Motors Corp. (NYSE: GM) today announced details of its accelerated manufacturing plan to improve capacity utilization and flexibility for the New GM. GM also reaffirmed it will build a small car at one of its U.S. assembly plants on standby capacity status.
