Obama
What Obama’s Re-Election Means For the Car Business
Last night, when my wife balked at the notion of me commandeering the remote for the next four or five hours to keep the TV tuned to CNN, rather than clearing out the DVR of our...
GM, US Treasury Butt Heads On U.S. Ownership of Shares
Who wants to buy a car from Government Motors? Apparently, not as many people as would prefer to buy one from General Motors. That's the argument that GM has attempted to...
GM Pulls off a Successful IPO at $33 Per Share
By Chris Haak Less than a year and a half after its predecessor, General Motors Corporation, collapsed under the crushing weight of declining sales and market share,...
Geithner Claims “Reasonable Chance” GM and Chrysler Will Repay Aid
But of course, there's a catch. By Chris Haak US Treasury Secretary Timothy Geithner told the Senate Appropriations Subcommittee that taxpayers were still at risk of loss from...
GM No Longer Considers Chapter 11 Filing Off The Table
By Chris Haak 02.16.2009 With the economy in the US and globally showing no signs of improvement, and the new-vehicle market showing no signs of life, the cash situation at GM...