iOS app Android app

Rick Wagoner

Automakers Get Deadline To Make Their Case

AP | KEN THOMAS | Posted 05.25.2011 | Business

WASHINGTON — Democratic leaders ordered Detroit's Big Three automakers Friday to submit what amounts to a detailed loan application to Congress ...

Do It For Me, Matchbox Man

Logan Nakyanzi Pollard | Posted 05.25.2011 | Business
Logan Nakyanzi Pollard

From the fireworks in DC this week, you might think the auto crisis is out of your hands, but we're all complicit: government, CEOs, autoworkers, the public.

Apparently, It's the Government's Fault Detroit Is Bankrupt

Andrew Winston | Posted 05.25.2011 | Business
Andrew Winston

We're seeing an amazing act of willful ignorance here. The predicament that Detroit has found itself in is an American business tragedy. Let's not make it worse by lying to ourselves.

Big Three CEOs And Their Private Jets (PHOTOS)

Huffington Post | Posted 05.25.2011 | Business

The CEOs of the nation's biggest three automakers flew to Washington DC yesterday to make their case before congress that the auto industry is despera...

Detroit's Day of Reckoning (with Thanks to David Halberstam)

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

This week's bailout hearing signaled what looks like the ultimate day of reckoning for this country's once-great and world-dominating car making industry. All Americans are tired of the excuses.

Big Three CEOs Flew Private Jets To Plead For Public Funds

ABC News | Posted 05.25.2011 | Business

The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto i...

Journalist to GOP: You're 100 Percent Wrong About U.S. Automakers

Diane Tucker | Posted 05.25.2011 | Business
Diane Tucker

"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."

Memo to Detroit: Change Now or Die

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Most Americans think you have brought this disaster upon yourselves, with inferior, irrelevant products the past 35 years.

Democrats Telegraphing Upcoming Automaker Bailout?

AP | JULIE HIRSCHFELD DAVIS | Posted 05.25.2011 | Business

WASHINGTON — The auto industry and business groups mounted a lobbying onslaught Thursday to thwart GOP opposition to a Senate vote next week on ...

GM Making Case That It's Too Big To Fail

New York Times | Andrew Ross Sorkin | Posted 05.25.2011 | Business

Is General Motors too big to fail? Rick Wagoner would sure like us to think so. Mr. Wagoner, the chief executive of the ailing automotive giant, spen...

GM's Wagoner Makes Case On YouTube (VIDEO)

CNBC | Phil LeBeau | Posted 05.25.2011 | Business

If you are GM CEO Rick Wagoner, what do you do? The man in the top job at the struggling automaker is pulling every move possible to keep his company ...

Detroit's inferiority complex needs change before public will buy

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

An observation, or two: Last week, General Motors rolled-out the latest version of their plug-in gas/electric hybrid Chevrolet Volt for the corporati...

Chevy Volt Will Be Made In Flint, Michigan

AutoblogGreen | Sam Abuelsamid | Posted 05.25.2011 | Business

At an event in Flint MI today, GM CEO Rick Wagoner and Michigan governor Jennifer Granholm were on hand to officially announce that GM will be buildin...

THE LATEST: $25 BILLION FOR DETROIT; PRODUCTION CHEVY VOLT PLUG-IN HYBRID UNVEILED

Steve Parker | Posted 05.25.2011 | Green
Steve Parker

Today's Detroit News newspaper reports that, because big investment banks such as Goldman Sachs and JPMorgan Chase own huge amounts of GM and Ford cor...

Will Your Company Predict the Future Like GM or Like Toyota?

Andrew Winston | Posted 05.25.2011 | Business
Andrew Winston

Toyota did look forward years ago, asked what an environmental version of its product should look like, and made it a reality.

Can GM Survive?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

John McCain visited a GM factory and said if cars like the Volt, a plug-in gas/electric hybrid GM is developing, really do make it to market (still a question mark), "hundreds of thousands of jobs will be created." He's wrong.

GM To Discuss Restructuring For "Current Market Conditions"

Wall Street Journal | Posted 05.25.2011 | Business

General Motors Corp. Chairman and Chief Executive Rick Wagoner plans to hold a news conference Tuesday morning to discuss actions the company is takin...

Midwest Auto Workers Look To Obama For Change

Dan Treul | Posted 05.25.2011 | Home
Dan Treul

"GM won't change anything until they have every operation overseas," says Danny. "This started back in the 1980s with Reagan... We know we're not going to get any help from McCain."

Ding Dong the Hummer's Dead!

Jessica Jensen | Posted 05.25.2011 | Green
Jessica Jensen

Dear Rick: we'd like to suggest you go a step further and acknowledge that the Hummer was an anachronistic tragedy whose time has come to disappear from the face of the Earth.

Harvard Business School's Greatest Lesson

Fortune | Geoff Colvin | Posted 05.25.2011 | Business

Does Harvard Business School have a future? Its storied past will get extra attention when the school turns 100 years old on April 8. But in a fast-ch...

"Headwinds" Jumps The Shark

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

It seems impossible to describe the current business environment without using the word "headwinds".

GM Announces New Hybrid System

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — General Motors Corp. says it expects to bring its first lithium-ion battery powered hybrid engine system to market in North America in...

GM Offers Buyouts to 74K Hourly Workers

AP | DEE-ANN DURBIN | Posted 05.25.2011 | Business

DETROIT — General Motors Corp., eager to lower wages and staunch the kinds of losses it saw in 2007, said Tuesday it is offering a new round of ...

GM Posts Biggest Annual US Auto Loss

AP | DEE-ANN DURBIN | Posted 05.25.2011 | Business

DETROIT — General Motors Corp. reported a $38.7 billion loss for 2007 on Tuesday, the largest annual loss ever for an automotive company, and sa...

GM Working On Cars That Drive Themselves

AP | TOM KRISHER | Posted 05.25.2011 | Business

Cars that drive themselves -- even parking at their destination -- could be ready for sale within a decade, General Motors Corp. executives say. GM, ...