Zipcar CEO Tells CNBC: No One Wants Chrysler, GM Products
Zipcar's experience reveals what has to be the biggest barrier to reviving these automakers: nobody wants to even borrow their cars for a few hours.
Zipcar's experience reveals what has to be the biggest barrier to reviving these automakers: nobody wants to even borrow their cars for a few hours.
CBS News | Posted 07.03.2009 | Business
General Motors Corp. says it has 16 buyers interested in purchasing its Saturn brand, while three parties are interested in the Swedish Saab brand. ...
The Huffington Post | Ryan McCarthy | Posted 07.03.2009 | Business
Treasury Secretary Timothy Geithner appeared on CNBC this morning and discussed the GM bankruptcy, economic relations with China, and the ballooning F...
The Huffington Post | Ryan McCarthy | Posted 07.03.2009 | Business
With the General Motors bankruptcy just hours old, lawmakers are already jockeying for control over where GM plants will be located. Just yesterda...
AP | TOM KRISHER and BREE FOWLER | Posted 07.03.2009 | Business
DETROIT — General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese...
AP | Posted 07.03.2009 | Business
NEW YORK — General Motors Corp. said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for b...
The Atlantic | Conor Clarke | Posted 07.02.2009 | Business
As you've probably heard by now, Obama is sending General Motors to file for Chapter 11 bankruptcy. And, as you've also probably heard, the United Sta...
HuffingtonPost.com | Arthur Delaney | Posted 07.02.2009 | Business
Ralph Nader said a General Motors bankruptcy would launch "a conclusive Death Star to tens of thousands of jobs, thousands of small businesses and adv...
The Huffington Post | Ryan McCarthy | Posted 07.02.2009 | Business
What would a bankruptcy be without a wholesale rebranding? AdAge got a copy of a new video spot which introduces us to the 'new GM.' In case you're wo...
CNBC.com | Posted 07.02.2009 | Business
General CEO Fritz Henderson appeared on CNBC earlier today to talk about bankruptcy and what the future holds for the the century-old automaker. Watch...
Posted 07.02.2009 | Business
YAHOO FNANCE Kathy Barks Hoffman, Associated Press Writer ANSING, Mich. (AP) -- As General Motors Corp. on Monday named the operations it would close...
AP | TIM PARADIS | Posted 07.02.2009 | Business
NEW YORK — The Dow Jones industrial average is the latest Wall Street institution to be reshaped by the financial crisis. The stock market's be...
nytimes.com | DAVID E. SANGER | Posted 07.02.2009 | Business
WASHINGTON -- It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American...
The Huffington Post | Ryan McCarthy | Posted 07.02.2009 | Business
Late Sunday night, the White House released a fact sheet on the General Motors bankruptcy, which indicates the Detroit automaker will receive another ...
AP | DAN STRUMPF and KIMBERLY S. JOHNSON | Posted 07.02.2009 | Business
NEW YORK — General Motors entered Chapter 11 bankruptcy protection Monday with a near-complete plan to quickly emerge and potentially become pro...
AP | JIM KUHNHENN and KEN THOMAS | Posted 07.01.2009 | Business
WASHINGTON — General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protec...
Huff TV | Posted 06.27.2009 | Politics
AP | TOM KRISHER and DAN STRUMPF | Posted 06.26.2009 | Business
DETROIT — General Motors bondholders felt they deserved something like a 58 percent stake in the company in exchange for their billions of dolla...
nytimes.com | MICHELINE MAYNARD | Posted 06.26.2009 | Business
DETROIT -- The government will hold a large share of a restructured General Motors after the company emerges from bankruptcy protection, and will prov...
New York Times | MICHELINE MAYNARD and MICHAEL J. de la MERCED | Posted 06.25.2009 | Business
It is not just lawyers who will be busy handling a G.M. bankruptcy filing, which would be perhaps the biggest and most-watched in legal history. Beca...
AP | TOM KRISHER | Posted 06.22.2009 | Business
DETROIT — With General Motors' long-anticipated day of reckoning a little more than a week away, nearly all signs are pointing to the wounded au...
Washington Post | David Cho, Peter Whoriskey and Kendra Marr | Posted 06.21.2009 | Business
The Obama administration is preparing to send General Motors into bankruptcy next week under a plan that would give the automaker tens of billions of ...
Sheldon Filger | Posted 06.20.2009 | Business
Policymakers apparently prefer having companies exist that engineer exotic financial derivatives than a manufactured product that is assembled by a skilled, well-compensated workforce.
Reuters | Chelsea Emery and Tom Hals | Posted 06.19.2009 | Business
NEW YORK, May 19 (Reuters) - General Motors Corp's (GM.N) plan for a bankruptcy filing involves a quick sale of the company's healthy assets to a new ...
usnews.com | Rick Newman | Posted 06.19.2009 | Business
If General Motors declares bankruptcy, some of its investors--including bondholders, other secured lenders, and the U.S. government--are likely to get...
HuffingtonPost.com | Jason Linkins | Posted 07.03.2009 | Business