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Updates from October, 2010

  • The Obama administration and GM executives say the White House has stayed good to its pledge to refrain from meddling in the day-to-day management of this 102-year-old industrial enterprise with 600,000 American workers and retirees and 12 percent of the global car market.The agenda for GM remains dominated by the election cycle as the automaker reaches the final stage of preparation for an IPO to pay some of the roughly $40 billion it owes taxpayers.


    3:07 pm on October 31, 2010
     

  • Pontiac, whose GTO and Firebird muscle cars defined fast rides, drive-ins and cruising for a generation of teenage boys, is going out of business.Pontiac, whose muscle cars drag-raced down boulevards, parked at drive-ins and roared across movie screens, is going out of business on Sunday.


    1:36 pm on October 31, 2010
     

  • As General Motors' only major U.S.-listed rival, Ford Motor Co. is the company investors and bankers are turning to as they debate the largest U.S. automaker's theoretical value ahead of the high stakes IPO scheduled for soon after next week's U.S.
    9:00 am on October 31, 2010
     

  • The Obama administration and General Motors executives say the White House has stayed good to its pledge to refrain from meddling in the day-to-day management of this 102-year-old industrial enterprise with 600,000 American workers and retirees and...
    8:16 am on October 31, 2010
     

  • General Motors Co., preparing for an initial public offering, is showing a different spirit than the failed behemoth that preceded it: investing in small cars, planning to hire workers and paying obligations early.
    1:01 am on October 30, 2010
     

  • General Motors Co., preparing for an initial public offering, is showing a different spirit than the failed behemoth that preceded it: investing in small cars, planning to hire workers and paying obligations early.
    1:01 am on October 30, 2010
     

  • Chrysler has contacted banks to see whether they may lend money to the company before a possible initial public offering next year, two people familiar with the effort said. Chrysler owes the U.S. and Canadian governments $7.
    6:33 pm on October 29, 2010
     

  • At least 23 Democratic and Republican lawmakers have made a list-ditch request for a suspension of General Motors' plan to terminate 500 dealerships on Sunday.
    5:03 pm on October 29, 2010
     

  • GM and OnStar will offer owners of new 2011 Chevrolet, Buick, Cadillac, and GMC vehicles mobile applications to access their vehicle information and OnStar services from the smartphones starting today.
    4:31 pm on October 29, 2010
     

  • BMW of North America and Mini USA are making personnel changes in their marketing departments. Tom Salkowsky, 40, currently manager of corporate communications for BMW, will become manager of Mini marketing on Dec.
    4:18 pm on October 29, 2010
     

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