13 hrs ago | Shanghai Daily
“It's a sea change in the type of vehicle that Americans are going to be driving”
GENERAL Motors Corp may be forced to break up a seven-decade marriage of pickups and large sport-utility vehicles as Americans restrict the fossil-fuel diet of their transportation. via Shanghai Daily
21 hrs ago | MLive.com
GM buys its Detroit headquarters for $626 million
“We opted to purchase it outright because of the condition of the real estate market”
General Motors Corp. said Thursday that the shaky real estate market convinced the automaker that it was a good time to buy its previously leased headquarters in downtown Detroit's towering Renaissance Center ... via MLive.com
Thursday | KIMA
Thursday | Bizjournals
Production to resume Monday at GM's Wentzville assembly plant
St. Louis Business Journal - by Matt Allen Regular production at General Motors Corp. via Bizjournals
Wednesday | Reuters RSS Reuters.com
Fitch says GM and Ford face heavy cash drains this year
“In the absence of a rebound in economic conditions and industry sales through 2009, both companies are likely to remain cash-flow negative during this period”
General Motors Corp and Ford Motor Co will continue to face heavy cash drains in 2008 and are expected to burn cash through 2009 unless industry sales rebound, Fitch Ratings said on Wednesday. via Reuters RSS Reuters.com
Wednesday May 7 | The Post and Courier
Bellwright's ills reveal small-business perils
“Our philosophy is, where there's life, there's hope”
The survival of a longtime Summerville manufacturer whipsawed by the loss of several big contracts and plummeting revenue now hinges on a quick sale of the business. via The Post and Courier
Tuesday May 6 | Canadian Business Magazine
Talks resume at striking General Motors Fairfax plant in Kansas
“Our main focus is on resolving the dispute at Fairfax”
KANSAS CITY, Mo. - Workers at a General Motors Corp. plant that assembles the popular Chevrolet Malibu remained off the job for a second day Tuesday as negotiators resumed talks aimed at ending the walkout. via Canadian Business Magazine
Tuesday May 6 | MLive.com
GM, Toyota, Ford won't follow Chrysler with gas subsidies
“It really didn't do much to drive sales, and it really was for consumers more an issue of do vehicles really get good fuel economy or not?”
Ford Motor Co., General Motors Corp. and Toyota Motor Corp. have no plans to match Chrysler LLC's offer to subsidize the cost of gasoline for car and truck buyers, the companies said Tuesday. via MLive.com
Tuesday May 6 | WHIO-AM Dayton
General Motors Corp. employees at a stamping plant in northeast Ohio have reached a tentative contract. via WHIO-AM Dayton
Tuesday May 6 | The Associated Press | Posted by The Associated Press
Classic Cadillacs turned into show cars at garage near NYC
“Cadillacs in the '50s, they were the epitome of bourgeois America. I mean, that was it!”
In a repair shop packed with Cadillacs _ the classic kind with fins, whitewall tires, curvy chrome bumpers and V-8 engines that get miles per gallon you can count on your fingers _ Elsa Nicodemus showed off a favorite.
It's a 1956 Series 62 convertible with an obsessively polished aqua paint job, rocket cones poking out from the front grill and an engine that runs with a hushed chug.
'Now you're going to know the difference between a Ford and a Chevy and a Cadillac,' she said, opening the driver's door. Even the black and aqua leather seats shine. 'This is an automobile.' Read more
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