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General Motors Corp. told its dealers Tuesday that it will force 1,000 to 1,200 underperforming locations to close their doors as the automaker tries to thin dealer ranks to make the remaining outlets more profitable. ...more
April 29, 2009
670,000 Number of General Motors retirees 112,000 Number of General Motors retirees to lose health care benefits ...more
April 19, 2009
The Alan Jay Automotive Network announced last week that two of its Sebring dealerships will be moving to new locations, according to a press release. ...more
April 12, 2009
As President Obama designates the CEOs of all entities that receive federal money; General Motors, Ford, banks, states etc., will Congress need to ratify his choices? With such awesome responsibility on the shoulders of one man, would it not be prudent to name him "President" for life? ...more
April 5, 2009
Some companies are in the steel business, some are in the cookie business, but General Motors is in the restructuring business. For 30 years, GM has been restructuring itself toward long-term viability. ...more
April 1, 2009
Tom Wiley didn't have a lot to say at first. The general manager at Register Chevrolet was hearing on CNN what General Motors executives were doing to bolster sales. ...more
April 1, 2009
The rationale last year for loaning public money to General Motors and Chrysler was that if they crashed, the entire economy would be damaged. ...more
April 1, 2009
Sen. Mel Martinez expressed support for more bailout money for General Motors and Chrysler, saying the federal government cannot allow the U.S. auto industry to fail. ...more
March 31, 2009
President Barack Obama asserted unprecedented government control over the auto industry Monday, rejecting turnaround plans from General Motors and Chrysler and raising the prospect of controlled bankruptcy for either ailing auto giant. ...more
March 30, 2009
Sen. Mel Martinez expressed support for more bailout funds for General Motors and Chrysler, saying the federal government "cannot allow" the U.S. auto industry to fail. ...more
March 30, 2009
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