List/Grid Tag Archives: GM
GM decides to “invest” in Europe
We learned today that Government Motors has decided to invest $335 million in a fabulously successful European auto maker. Mercedes, Audi, BMW you guess? Guess again.
Treasury ups the ante in government losses at GM and Chrysler
According to the Detroit News yesterday, the Treasury Department increased its estimate of government losses in the $85 billion auto bailout by another $170 million.
How many Volts in a Tahoe?
It is now official. Per our friends at the EPA, by the 2025 model year, a car manufacturer’s fleet (i.e., cars and light trucks) must average 54.5 miles per gallon….
The car of the future
In late July, with much fanfare, the administration, through the National Highway Transportation Safety Administration announced new standards for motor vehicle “fuel efficiency”. Currently, a manufacturer’s vehicle fleet must average…
Who wants gasoline prices to rise?
Admittedly, I’ve given away the answer because of the image to the left of this post, but, let me explain their rationale.
Cash for Clunkers, Part II — the Son of Clunkers
Apparently, Government Motors needs just a little more help…Yet another astounding attempt at social engineering … or just another lifeline for GM?
The UAW, both foreign and domestic
Bob King, President of the United Auto Workers, has announced a new strategy to increase members. On the “foreign” side he has decided that it is neigh onto time that Americans…
GM’s Whitacre resigns
Today, in a surprise announcement, we learned that General Motors CEO, Edward Whitacre will be leaving that office effective September 1, and resigning as Chairman of the Board effective December 31. While everyone knew…
Odds and ends
Two other articles caught my attention this week, neither of which warranted an entire post, but, both of which need your attention. Odds: GM is now seeking new help from more…
GM repays loan to US… actually, not really (Update)
It was with great fanfare yesterday that General Motors announced that it was repaying some $4.7 billion of $6.7 billion in loans it received from the federal government. And, with even…
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