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Published on
executives,
underpaid,
payment,
income,
vice-chairman,
chairman,
bob-lutz,
lutz,
gm,
 In a statement that might cause rage amongst the American tax payers, Bob Lutz, Vice Chairman of General Motors, claims that the auto executives are ``way, way, way underpaid``. He is talking about the exact auto executives that have a six or even seven figure salary yearly to run a company that went bankrupt and had to be bailed out by the government. At the NADA (National Automobile Dealers Association) annual convention, Bob Lutz of Read more
Gm Headlines
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Published on
alixpartners,
liquidate,
wind-down,
saab,
gm,
general-motors,
 After giving us some hope that Saab will eventually survive, things have been taken to a new level. More precisely, General Motors has appointed AlixPartners to supervise the liquidation of Saab. AlixPartners is a well known restructuring firm. More than this, General Motors has requested approval of their choice by the appropriate authority in Sweden. Thus, after receiving approval, AlixPartners will supervise the liquidation of the Swedish automaker`s assets. General Motors has said in a prepared statement that ``The wind down process is expected to take several months, and w... >> Read more
Gm Headlines
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Published on
production,
restart,
bidding,
bid,
deadline,
dropped,
saab,
gm,
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Saab is not dead, at least not yet. What seemed to be an imminent end for the Swedish automaker has now been delayed. After seeing what happened with Saturn, everybody was more than certain ... >> Read more
Gm Headlines
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Published on
saab,
gm,
buy,
sell,
website,
protest,
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Saab – the Swedish automaker has many fans, so its closure might make lots of negative feelings, bad towards General Motors. One fan of Saab wanted to warn GM and created the site \'I wonâ ... >> Read more
Gm Headlines
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Published on
volt,
300,
million,
dollars,
factory,
detroit,
production,
chevrolet,
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The Chevrolet Volt is the car that is expected to bring General Motors back on track, in a period of harsh economical crisis, when the governments of most countries have agreed to save the a ... >> Read more
Gm Headlines
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Published on
9-4x,
9-5,
saab,
gm,
sweden,
buy,
sell,
spyker,
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Let\'s say General Motors wants to shut down Saab, well... the firm refuse selling the remaining assets of the unit from Sweden, including the > Read more
Gm Headlines
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Published on
buy,
saab,
gm,
acquisitio,
share,
spyker,
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Friday GM announced also it would close Saab, but the brand from Sweden might not be shut down completely thanks to some parties expressing their interested in this company last weekend. I ... >> Read more
Gm Headlines
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Published on
delay,
nick-reilly,
vauxhall,
gm,
opel,
viability-plan,
 Nick Reilly, in charge at the moment of Vauxhall and Opel, unveiled that the viability plan of Opel might be actually delayed until next year in January, despite that he gave assurances, at the beginning, the plan goes public in the middle of December. Reilly stated To ensure that prosperous future, our company needs great products and a winning pro... >> Read more
Gm Headlines
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Published on
dead-end,
dead,
end,
saab,
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As we previously told you, the situation at Saab seems to be extremely grim. After Koenigsegg, the famous Swedish super car maker, which was backed by BAIC (Beijing Automotive Industry Corpo ... >> Read more
Gm Headlines
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