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GM will raise production for a promotion; is this really a good idea?

August 20, 2009 – 4:12 pm – No Comment

As a response to the success of the cash for clunkers program, GM will be turning on some of the plants that were temporarily shut down and will begin amping up production.
The employees that were cut to 4 days a week will begin working their …

Stop trying to play the blame game and get the job done GM

June 2, 2009 – 4:12 pm – No Comment

There’s no need to point fingers at GM for the bankruptcy it had to file. Now is the time for the company to try to come back from the brink of extinction rather than try to figure out whom or why.
Several news articles today are …

Fiat to take over Chrysler?

January 20, 2009 – 11:23 pm – No Comment

Fiat, an Italian car company, may be on the road to taking over ailing Chrysler. Right now the two are in talks, but Fiat (the stronger company at this point) will likely take a 35% stake in Chrysler sometime near the middle of the year. …

It’s not looking good for a “Big Three” bailout

November 14, 2008 – 11:16 am – No Comment

Senator Chris Dodd said that the bill that would bailout the U.S. auto industry will likely be shot down by Republican opposition.
The bailout would give the automakers the money to retool their companies and create more fuel efficient cars “of the future.”

GM to close Grand Rapids, Mich. plant

October 13, 2008 – 8:38 pm – No Comment

GM is having a hard time regaining their growth and seeing profits. Recently their stock price has dropped to levels from the 1950′s. Now to help recoup some of the money lost, they are closing the Grand Rapids, Michigan metal stamping plant. …