Posted by: diychica on: October 11, 2009
General Motors Co signed a deal on Friday to sell its iconic but tarnished Hummer brand to an investment partnership headed by an obscure Chinese machinery maker in an agreement that…
Source:http://www.reuters.com/article/innovationNews/idUSTRE5984EL20091009?rpc=64
Posted by: diychica on: August 14, 2009
In the wake of General Motors’ bankruptcy and reorganization, funds for a partnership to clean up toxic mercury waste from old cars could be drying up.
Source:http://www.greenbiz.com/news/2009/08/13/gm-mercury-removal
Posted by: diychica on: July 22, 2009
After a brutal year that included a bankruptcy and taxpayer bailout money, General Motors appears to have a hit on its hands.
The redesigned Camaro has been generating buzz – and more than 15,000 have already been sold.
Source:http://www.npr.org/templates/story/story.php?storyId=106811668&ft=1&f=1001
Posted by: diychica on: April 2, 2009
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 a business plan update released on Wednesday.
From:http://www.reuters.com/article/marketsNews/idINN0152247120090402?rpc=44
Posted by: diychica on: March 26, 2009
General Motors continues to slash costs.
But even as the company asks for more taxpayer loans, there’s one perk GM refuses to give up: a company car and company-paid gas for about 8,000 white-collar employees. A former GM economist estimates that last year alone, the automaker spent nearly $12 million on fuel for its staff. [...]
