gm

America's Other Auto Industry - WSJ.com

Newsvine - business  Mon, 12/01/2008 - 07:16

As a result, for every UAW member working at a U.S. car maker today, three retirees collect benefits; at GM, the ratio is 4.6 to one.


 

GM board meets to review bailout request

MSNBC.com: Business  Sun, 11/30/2008 - 18:38

Analysts see a chance for GM to stop burning cash if the industry recovers back above a sales rate of about 13 million vehicles and it succeeds with a stepped-up restructuring backed by federal funding in a deal that would involve steep concessions from creditors, executives and the UAW.The board of General Motors Corp met on Sunday to review a restructu


 

Fore! Woods' split with GM a warning for athletes

Newsvine - business  Sat, 11/29/2008 - 11:00

Turns out, Tiger Woods wouldn't really rather have a Buick. At least not anymore.


 

GM looks to sell real estate in England

Newsvine - business  Fri, 11/28/2008 - 14:38

General Motors Corp. said Friday it would sell and lease back some of its non-manufacturing operations in Europe as part of its efforts to raise cash quickly.


 

GM to announce more production cuts

MSNBC.com: Business  Fri, 11/21/2008 - 08:46

General Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions.


 

Talk of GM bankruptcy filing fuels debate

MSNBC.com: Business  Wed, 11/19/2008 - 14:17

The Packard Motor Car Company closed down in the late 1950s.<br /><br />Could the Big Three face a simliar fate?As the days pass and GM’s money burns away, bankruptcy is a distinct possibility.

But what, exactly, would a GM bankruptcy mean?



 

GM shows 3 new models for China

Newsvine - business  Tue, 11/18/2008 - 01:55

General Motors Corp. put three new models for China on show Tuesday, maneuvering to keep its edge in a market vital to its future as it struggles for survival back home.


 

Samuelson: Christmas in Detroit - How to Bail Out GM

Digg - Business & Finance  Mon, 11/17/2008 - 16:10

General Motors, once the world's mightiest industrial enterprise, is now flirting with bankruptcy. Ford and Chrysler may not be far behind.

"GM and other U.S. automakers ought to be rescued to minimize damage to the economy," writes Samuelson, "but the rescue should require tough conditions."


 

GM may run out of gas before Obama arrives

Newsvine - business  Fri, 11/14/2008 - 17:00

In recent months, General Motors has been burning through about $3.1 million an hour, or $52,000 — the price of a well-equipped Chevy Tahoe SUV — every minute.


 

GM might not be able to get financing it needs in bankruptcy

Topix - Business News  Thu, 11/13/2008 - 16:16

It worked for the airlines, but it might not work for General Motors. Saving the company through bankruptcy is probably not a viable option for the troubled automaker.