General Motors

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GM is no longer 'Government Motors'

Dec 9, 2013
The federal government is now officially out of the car business.
Posted In: GM, General Motors, auto bailout

How do you say, 'It's the economy, stupid' in German?

Sep 18, 2013
GM's closure of its auto plant in Bochum, Germany, will be the first major closure of an auto plant there in 60 years.
Posted In: euro, Germany, General Motors

Why fusty Ford is back in vogue

Jul 25, 2013
Ford's latest business results are in and the numbers are good. The company made $1.2 billion in profit from April through June. Robust pick up trucks sales and a strengthening U.S. economy get the credit.
Posted In: Ford, Auto, auto industry, General Motors, trucks

2012 a bumper year for U.S. carmakers

Jan 3, 2013
General Motors, Ford and Chrysler all saw significant gains in U.S. sales during 2012.
Posted In: Auto, Ford, Chrysler, General Motors

Would no GM bailout have been worse?

Dec 19, 2012
The government is on track to lose money on the GM bailout. But would doing nothing have cost more?
Posted In: GM, bailout, Auto, General Motors

General Motors plans to buy back government shares

Dec 19, 2012
General Motors has just announced it is going to buy back 200 million of its shares from the Treasury Department, which plans to sell the rest of its GM shares in the next year or so.
Posted In: General Motors, Auto, cars, U.S. Treasury

Car sales drive economy around the world

Dec 18, 2012
Car makers are headed for a record year for sales. Never mind a sluggish U.S. economy and a European recession.
Posted In: cars, Auto, General Motors

General Motors hopes to break free of Treasury

Sep 17, 2012
According to a piece in this morning's Wall Street Journal, the U.S. Treasury's welcome at General Motors is wearing thin. GM is reportedly pushing for the government to sell most or all of its remaining stake -- currently about a quarter of the company. But the Obama administration seems to be in no hurry to exit.
Posted In: General Motors, bailout, U.S. Treasury

GM shareholders meeting could focus on sagging stock

Jun 12, 2012
When the government divests more than 500 million shares of General Motors, stock acquired in the bailout deal could affect the price.
Posted In: Auto, General Motors, GM

GM's pension buyout sets corporate example

Jun 6, 2012
General Motors' move to cut pensions costs is likely to copied by other companies struggling with underfunded plans for retirees.
Posted In: General Motors, GM, pension

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