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Former General Motors CEO Ed Whitacre has served up a few revelations about his time at the automaker in his new memoir, American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA. Among the choice tidbits is word that in August of 2009, Whitacre says he blocked a plan ...
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Let's face it, even when they go well, partnerships rarely go as planned. Almost eight months after General Motors spent $423 million to snag seven percent of Peugeot, we on the outside are still wondering what the plan is. When the tie-up was announced, the main benefits were listed as ...
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Isaac Mizrahi's clothing collection "inspired by the all-new 2013 Chevrolet Malibu" will hit the LivingSocial Shop in less than a week. Pitching the Malibu to women, Chevrolet announced in August that the fashion designer would create a line with cues taken not just from the Malibu, but also from ...
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Sale Denials Aside, GM's Future Looks Brighter With One Less European Partner If GM can find a way to kick its German unit to the curb, it will do so in a heartbeat. Even though the recent rumors of Opel being sold by General Motors to Fiat were roundly denied, there is still a lot of ...
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General Motors has created the new position of global vice president for Cadillac. Stepping into that new role is GM senior executive and top lobbyist Robert E. Ferguson, who will oversee global growth and development of the luxury brand. Ferguson is responsible for marketing, brand management and ...
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Tucked between an avalanche airbag and a 3D desktop printer, a Ford engine and General Motors' crash avoidance system were named two of Popular Mechanics top 10 breakthrough technology award winners for 2012. Ford's three-cylinder 1.0-liter Ecoboost engine collected one of Pop Mech's honors by ...
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Automotive News reports General Motors has no interest in selling Opel. The statement comes after an Italian newspaper implied Fiat was ready to buy the brand should the alliance between GM and PSA/Peugeot Citroen fail. The publication reported that Fiat CEO Sergio Marchionne is already crafting a ...
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Reuters reports General Motors has dismissed claims by Spyker outlined in a $3 billion lawsuit. Spyker alleged GM deliberately bankrupted Saab by preventing a deal with Chinese investor Zhejiang Youngman Lotus. GM, meanwhile, filed a response with the U.S. District Court for the Eastern District of ...
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The wolf shall dwell with the lamb, and the leopard shall lie down with the kid and Ford with partner with General Motors on new transmission technology. Has anyone dusted off that old Mayan calendar lately? We're not sure that a Ford/GM tech share speaks to the end of days, but we're not ruling ...
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The National Highway Traffic Safety Administration has issued a recall for a number of General Motors cars and crossovers bought or currently registered in the hot-climate states of Arkansas, Arizona, California, Nevada, Oklahoma and Texas. As many as 40,859 units consisting of the 2007 Chevrolet ...