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Obama Forces Out Waggoner at GM - A Dangerous Trend for American Business?

The Obama administration can just give a company money then decide who runs the place. Scary. That might be okay if the administration was in any way[...] read more »
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General Motors Files For Bankruptcy


Those five stark words have been long been in the making. Since late 2008, GM has been subsisting on government dollars. To this point, $19.4 billi[...] read more »
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A Cash-Poor And 'Sensitive' GM to Give Up Two Planes

Struggling General Motors, which was blasted and mocked for using one of its corporate jets to fly chief executive G. Richard Wagoner Jr. to Washingt[...] read more »
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Risk Filled Stock GM Takes Another Major Hit

"For GM, the handwriting is on the table. Taxpayers and Washington have little confidence in the brand, in the company’s ability to compete and, si[...] read more »
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GM's stock price resurges from lows despite Chapter 11 filing - Los Angeles Times

Although the shares probably are worthless, day traders, short sellers and mutual funds that track the S&P 500 index may have bought them. read more »
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GM dealers expect word on plans to cut 1,100 shops

A day after Chrysler LLC told a quarter of its dealers that it won't renew their contracts, owners of General Motors Corp. dealerships are awaiting [...] read more »
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GM: Next 100 Days Critical for Auto Industry

A top executive for General Motors says the next 100 days will be a critical period for GM and the entire U.S. auto industry. read more »
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The future for US Auto Stocks

There have been some pretty negative news surrounding the big three US auto manufacturers this year. Recently GM and Ford reported continuing large l[...] read more »
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GM to cut 21,000 US factory jobs, shed Pontiac

General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take compa[...] read more »
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GM to force more than 1,000 dealers to close

General Motors Corp. says it will force 1,000 to 1,200 underperforming U.S. dealerships to close their doors as the automaker tries to thin dealer ra[...] read more »
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General Motors And Ford Motor Company

With the big three automakers in Washington this week, what will happen to them? It seems that they don't even know how to run a successful business[...] read more »
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GM asks U.S. gov't for $2.6 bln to build hybrids

General Motors Corp has asked for $2.6 billion of low interest government loans to support the development of three new hybrid vehicles, according to[...] read more »
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GM's Best Option Is Bankruptcy Filing, Ackman Says

General Motors Corp., the biggest U.S. automaker, should file for bankruptcy rather than taking money from the government, hedge fund manager Bill A[...] read more »
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Solar Energy Company Makes Offer to Buy Piece of GM

GM news of the day: SolarWorld, the Germany-based maker of solar photovoltaic systems, has unveiled plans to take over the German factories of the De[...] read more »
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It's End of Road for GM and Tiger

Tiger Woods is giving back the keys to the Buick. General Motors -- which had proudly sponsored the great golfer since 2000, stitching the Buick name[...] read more »
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