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Gm Bankruptcy

GM Wants Protection From Lawsuits Over Defective Ignition Switches

AP | TOM KRISHER | Posted 04.16.2014 | Business

DETROIT (AP) — General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from leg...

The Last Cadillac Dealership of Detroit

Ethan Casey | Posted 11.12.2013 | Detroit
Ethan Casey

"That auto task force," said Keith, "and I'm sorry to get political, but it is political, that auto task force that Obama put together, not one single member of it had any automotive experience."

What The Big Three's Comeback Means For Detroit

AP | TOM KRISHER | Posted 07.19.2013 | Detroit

DETROIT -- Four years ago, America's Big Three automakers mortgaged all they owned or went into bankruptcy court to keep from going broke. Since then...

Government Moves Closer To Ending Sad Chapter In GM's History

AP | By TOM KRISHER | Posted 06.10.2013 | Business

DETROIT (AP) — The government has sold another piece of its stake in General Motors Co. The Treasury Department said in its March rep...

Major Lawsuit Could Undo Some Of Bailout

Reuters | Posted 03.05.2013 | Business

By Tom Hals Jan 3 (Reuters) - A U.S. bankruptcy judge could soon rule on whether the 2009 government-led restructuring of General Moto...

All Bankruptcies Are Not Created Equal

Jacob Adlerstein | Posted 12.19.2012 | Business
Jacob Adlerstein

Regardless of your view on who got it right, it is unquestionable that the candidates would have steered GM and Chrysler down dramatically different paths.

The Contrast Couldn't be Sharper

Carl Pope | Posted 11.24.2012 | Green
Carl Pope

For the first time in my memory we have a Presidential candidate killing an entire industry, a major industrial success story -- perhaps because he is being amply paid by the Koch Brothers to do so.

Auto Industry Turn-Around Is a Two-Party Success

Ken Blackwell | Posted 04.24.2012 | Politics
Ken Blackwell

This auto industry recovery is an example of both parties working together to help save a national treasure in our auto industry and preserve jobs in industries that depend on auto manufacturing.

Americans Need To Lower Their Expectations, Ex-GM Executive Says

Posted 08.01.2011 | Business

DETROIT (Ben Klayman) - The United States has a window of opportunity to dump its reputation as a nation of importers and get back to being a glob...

GM Makes Big Investment In U.S. Plants

Posted 07.10.2011 | Business

(Bernie Woodall) - General Motors Co said on Tuesday it will invest about $2 billion in 17 U.S. plants, including a facility here that makes trans...

First Profitable Year Since 2004

Posted 05.25.2011 | Business

DETROIT (AP, By Tom Kirshner) -- General Motors posted a $510 million profit in the fourth quarter and $4.7 billion for the year as it continued an im...

GM Recalls Best-Selling Cadillac For Wheel Problem

Posted 05.25.2011 | Business

(Reuters) - General Motors Co (GM.N) is recalling over 44,000 Cadillac CTS sedans for a flaw that could cause one of the rear wheels to become unsta...

GM IPO Increase: How They Turned It All Around

Steven Rattner | Posted 05.25.2011 | Business
Steven Rattner

The mother of all IPOs went off better than anyone expected. Of course, questions abounded: Could GM sustain profitability? Was its new management team up to the job? When will GM have a product slate as highly rated as Ford's?

GM Will List IPO On US And Canadian Exchanges

AP | TOM KRISHER and KEN THOMAS | Posted 05.25.2011 | Business

DETROIT — General Motors Co. on Wednesday filed the first batch of paperwork required to sell stock to the public, a significant step toward she...

Why the GM and Chrysler Bankruptcies Foreshadow Big Problems for the Gulf Cleanup

Christopher Weber | Posted 05.25.2011 | Green
Christopher Weber

When it comes to the all-important question of who pays, a bankrupt BP may quickly start to resemble GM and Chrysler, which have been criticized for insufficiently funding their cleanup obligations.

GM Repays Loans From U.S., Canada

AP | KEN THOMAS and TOM KRISHER | Posted 05.25.2011 | Business

WASHINGTON — Fallen giant General Motors Co. accelerated toward recovery Wednesday, announcing the repayment of $8.1 billion in U.S. and Canadia...

GM To Repay Government Loan Early: AP

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payb...

GM Lost $4.3 Billion In Last Half Of 2009

AP | DEE-ANN DURBIN | Posted 05.25.2011 | Business

DETROIT — General Motors Co., steadily returning to health after its near-collapse in 2009, said Wednesday it plans to pay off its government lo...

GM CFO Expects Profit

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — If the economy cooperates and auto sales recover a bit, General Motors Co. has a reasonable chance of turning a full-year profit in 20...

Rounding GM's Square Wheels

Dan Becker and James Gerstenzang | Posted 05.25.2011 | Green
Dan Becker and James Gerstenzang

Moving belatedly into the 21st century, General Motors now has an opportunity to find a permanent chief who understands the new business environment, as well as the environment itself.

Ford, GM, IBM and China: A Match Made in the Han Dynasty

John Wagner Givens | Posted 05.25.2011 | World
John Wagner Givens

For cultural and historical reasons, China has relatively less experience in brand building, so the US currently seems to have a comparative advantage in internationally known brands.

GM to Buy Back All Pontiac Azteks for Cash!

Gerald Sindell | Posted 05.25.2011 | Business
Gerald Sindell

I'm offering it for free: my brilliant idea for GM to salvage its reputation.

Mort Zuckerman Offers GM 6-Months Free Rent

New York Post | John Crudele | Posted 05.25.2011 | New York

NOW that its wallet is fat with billions in taxpayer money, General Motors is reconsidering moving its New York offices out of the ultra-expensive bui...

GM Expected To Exit Chapter 11

AP | TOM KRISHER and KEN THOMAS | Posted 05.25.2011 | Business

DETROIT — General Motors completed an unusually quick exit from bankruptcy protection on Friday with ambitions of making money and building cars...

As GM Owners, Americans Need to Look to Their Declaration

Jamie Court | Posted 05.25.2011 | Politics
Jamie Court

Now the time has come for the White House to extend a hand to the families who lost loved ones in exploding GM cars, particularly given the other financial priorities in the bankruptcy plan.