Chevrolet the “Main Dog” in GM Turnaround
For all the financial wizardry - and the $50 billion in federal aid -- that helped pull General Motors through bankruptcy, the company's long-term success could come down to one word, "Chevrolet." The...
View ArticleIs 13 a Lucky Number for GM’s Board?
With a lot of help from the Treasury, GM Company has a new governance structure. But is 13 a lucky number for the GM Board?
View ArticleWe Built Excitement: Pontiac Pulls the Plug
After 83 years, Pontiac has built its last automobile. What went wrong? TheDetroitBureau.com has this look back.
View ArticleGM Paying Down Another $1 Billion in U.S. Debt
With a goal of paying off its entire debt to the U.S. Treasury this year, General Motors has anounced it will write another $1 billion check to Uncle Sam by April 1 – and that’s no joke. The maker...
View ArticleGM Bailout Saved 1.2 Mil Jobs, According to New Report
The General Motors bailout spared at least 1.2 million US jobs and generated $10s of billions in additional tax revenue, according to a major new study, far more than offsetting the likely final loss...
View ArticleGM CEO Akerson Rejects Repaying Government for Losses
Soon-to-retire General Motors Chairman and CEO Dan Akerson has said thanks, but no thanks, to suggestions the now-profitable automaker should pay back the roughly $10 billion the U.S. Treasury is...
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