Tag Archives: General Motors
Do Ed Whitacre and General Motors “get” cars?
Posted on 10. Feb, 2010 by Eric Moretti.
The short answer is no. Whitacre has self-admittedly stated he’s not a car guy. What Whitacre does know is mergers and acquisitions. Aside from figuring out how to deal with Saab, it doesn’t look like GM really needs to be buying up companies. Ed is a numbers guy and if that makes you a bit nervous, it probably should. GM’s other “numbers guy” was Rick Wagoner.
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GM core brand sales up in December, down 2009 vs 2008 from non-core brand shuttering
Posted on 05. Jan, 2010 by Zane Merva.
DETROIT – GM dealers in the U.S. reported 160,996 retail deliveries in December – a 7 percent increase compared to last year, and a 50 percent increase over last month. Retail sales of Chevrolet, Buick, GMC and Cadillac brands were 146,419 – up 13 percent for the month. In total, GM dealers in the U.S. [...]
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GM snags Microsoft CFO, Chris Liddell, for company Vice-Chairman/CFO slot
Posted on 21. Dec, 2009 by Zane Merva.
DETROIT - Chris Liddell has been appointed General Motors vice chairman and chief financial officer, it was announced today. Liddell was most recently CFO for Microsoft Corp., a post he held since May, 2005.
“Chris brings a depth and experience to this job that were unmatched in our search for a new financial leader,” said [...]
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OnStar will offer Turn-by-Turn navigation to all subscribers on Black Friday- for free
Posted on 24. Nov, 2009 by Zane Merva.
Black Friday 2009 is just a few days away and OnStar is offering its subscribers a real bargain. All day Friday, folks who have an active OnStar subscription will be able to use the service’s Turn-By-Turn Navigation service- for free. While the service will be able to tell you the best way to get to [...]
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GM adds 60,000 cars and trucks to production schedule for 09
Posted on 20. Aug, 2009 by Zane Merva.
General Motors is increasing production at several North America assembly plants in response to increased sales. The company will add shifts, overtime and reinstate forecasted down weeks at select facilities. As a result, GM will add about 60,000 vehicles in the third and mainly the fourth quarter production forecast, ensuring a wide selection of high-quality, fuel efficient cars, crossovers and trucks for customers.
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GM to provide cash advances to dealers for CARS rebates
Posted on 20. Aug, 2009 by Zane Merva.
This morning General Motors announced it would be providing cash advances to dealers equal to the amounts they are currently owed under the government run CARS rebate program. The advances will allow dealers to stay in business until the rebates are processed.
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GM announces lease program for select models & states
Posted on 03. Aug, 2009 by Zane Merva.
General Motors Company announced an expansion of leasing today with enhanced lease programs on select 2009 and 2010 Cadillac, Buick, GMC and Chevrolet models.
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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.
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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.
