General Motors News on Daylife

GM Hires Spencer Stuart for CEO Search

Sun, 06 Dec 2009 23:22:31 GMT

The report, published Sunday on The Wall Street Journal's Web site, cited anonymous sources familiar with the situation. The automaker wants a CEO with extensive international, manufacturing and turnaround experience, the report said.
Source: The Street

Buick Teases New Cruze-Based Compact Sedan

Sun, 06 Dec 2009 23:10:26 GMT

December 6th, 2009 General Motors is still more than half a year away from the local launch of the 2011 Chevrolet Cruze sedan but instead of speeding up its arrival the automaker is working on a new Buick sedan based on the same platform.
Source: MotorAuthority

All the cars in China

Sun, 06 Dec 2009 22:43:17 GMT

The GM soap opera has rumbled on this week with CEO Fritz Henderson receiving a boot up the posterior following a string of botches sales, and a woman claiming to be Henderson’s daughter letting rip at Chairman Ed Whitacre on Facebook.
Source: Yell.com: Motoring and Maintenance

Suzuki, GM to end Canada partnership

Sun, 06 Dec 2009 22:15:46 GMT

General Motors Co. and Suzuki Motor Corp. have agreed to end their automaking joint venture in Canada, leaving GM without a Japanese production partner after also severing manufacturing links with Toyota.
Source: The Age

GM Taps Spencer Stuart for CEO Search

Sun, 06 Dec 2009 22:11:13 GMT

By Joann S. Lublin General Motors Co. has chosen recruiters Spencer Stuart to find a permanent chief executive with extensive global, manufacturing and turnaround experience, according to people familiar with the situation.
Source: Wall Street Journal

Experts question outsider as GM chief

Sun, 06 Dec 2009 22:02:54 GMT

Detriot -- The owners of the restructured General Motors Co. want a Detroit outsider to lead the automaker as chief executive, but that's risky, analysts say.
Source: The Money Times

Need to know: Ladbrokes deal ... Northgate sales up ... McKinsey departure ...

Sun, 06 Dec 2009 21:40:50 GMT

Interest rates: The Bank of England’s Monetary Policy Committee is expected to keep interest rates at 1 per cent on Thursday and to continue with its £200 billion scheme of quantitative easing.
Source: Times Online

Subaru's 2010 Legacy, Close To The Bulls-Eye?

Sun, 06 Dec 2009 21:39:20 GMT

A number of makers advertise 32 or so on the highway –General Motors is big on that – but it's hard to imagine actually getting that number running so hard up the turnpike, no quarter asked or given.
Source: Auto Spies

Quoted in 'IDA spent year helping businesses survive'

Sat, 05 Dec 2009 10:31:35 GMT

said in Watertown Daily Times:

Traditionally, it takes a while for what's going on in the national economy to affect us, but we saw it sooner this time because of General Motors closing and Alcoa phasing down their operations ... I'm being optimistic, but I believe that probably right now we're past the worst it's going to be. Early in the year, we were at double-digit unemployment. It's below that now, and I hope the worst is over.

Quoted in 'GM stake in China venture dips'

Sat, 05 Dec 2009 05:00:42 GMT

said in People's Daily Online:

This will assist China's leading listed automotive company in consolidating Shanghai GM revenue into SAIC Motor, which will provide investors a clear understanding of its business

Whitacre's GM gambit

Fri, 04 Dec 2009 19:56:52 GMT

Photo from AP Photo

Thu, 01 Oct 2009 10:24:53 GMT

General Sales Manager Peter Van Den Berghe, left, talks to Jeff Harvery, center, of Auiroa, Colo. , about the Saturn Outlook that he is about to test drive at the Saturn of Denver dealership in the Denver suburb of Littleton, Colo. , on Thursday, Oct. 1...

Photo from Getty Images by AFP/Getty Images

Wed, 13 May 2009 11:13:00 GMT

A woman walks past a General Motor's vehicle in Beijing on May 13, 2009.