GM Chief

Source: dealbook.blogs.nytimes.com --- 50 days ago
The Chief executive of General Motors did his best to strike down rumors on Thursday that the automaker might seek bankruptcy protection soon. In his first comments on G.M.’s finances since the company’s stock hit a 50-year low, the Chief executive, Rick Wagoner, called speculation on bankruptcy inaccurate and harmful to G.M.’s turnaround prospects. “Obviously, it [...] ...

Source: www.moreover.com --- 45 days ago
General Motors' product Chief, Robert Lutz, vice chairman in charge of global product development, says he's been peppered with comments that the current sales and financial problems are no more than just deserts for the auto industry's lack of ...

Source: www.financialpost.com --- 50 days ago
General Motors Corp., the biggest U. S. automaker, has "no thoughts whatsoever" of bankruptcy, Chief executive Rick Wagoner said. ...

Source: www.usatoday.com --- 41 days ago
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Source: seattlepi.nwsource.com --- 21 days ago
CINCINNATI – The Cincinnati Reds hired former Mariners general manager Bill Bavasi as a special assistant, the club announced Friday. ...

Source: www.ft.com --- 16 days ago
Rick Wagoner, chairman and Chief executive of General Motors, said the worst may be over for the beleaguered carmaker, in terms of US job cuts, retiree healthcare costs and pension problems. ...

Source: twincities.bizjournals.com --- 37 days ago
3M Co. has named a former executive for General Motors as its Chief accounting officer. (MMM) ...

Source: www.chron.com --- 50 days ago
DALLAS — The Chief executive of General Motors Corp. dismisses any notion that the largest U.S. automaker might soon seek bankruptcy protection. Speculation and comments about bankruptcy in the past week are "not at all constructive or accurate," Rick Wagoner said Thursday. GM has $24 billion in cash and $7 billion in credit facilities, he said. ...

Source: www.iht.com --- 50 days ago
Rick Wagoner did his best to strike down rumors that the automaker might seek bankruptcy protection soon. ...

Source: www.chron.com --- 50 days ago
The Chief executive of General Motors Corp. is dismissing any notion that the largest U.S. automaker might soon seek bankruptcy protection. ...

Source: www.moreover.com --- 37 days ago
Biz Journals Jul 23 2008 8:53PM GMT ...

Source: www.sanluisobispo.com --- 59 days ago
Democratic presidential hopeful Barack Obama asked the head of General Motors Corp. on Thursday what he could do to preserve the U.S. auto industry if elected, saying automakers "may need some bridges" to reach the future. GM Chairman and Chief Executive Officer Rick Wagoner said the industry needed help to shift toward more-efficient vehicles or new technologies. He said the U.S. government should: ...

Source: www.lansingstatejournal.com --- 50 days ago
General Motors Corp. Chief Executive Officer Rick Wagoner is dismissing speculation the Detroit automaker might seek bankruptcy protection. ...

Source: www.vindy.com --- 21 days ago
The agenda has not been finalized, a company spokesman said. LORDSTOWN — Recent activity at ...

Source: www.tribtoday.com --- 8 days ago
LORDSTOWN - Mahoning Valley officials, area laborers and General Motors joined Thursday to witness the next incarnation of the GM Lordstown Complex. Rick Wagoner, GM chairman and Chief executive officer, announced that the company would invest $350 million in the Lordstown operation. ...

Source: www.financialdirector.co.uk --- 53 days ago
Christian Doherty, Financial Director , Monday 7 July 2008 at 22:17:00 Car tax U-turn More trouble for the government: it only narrowly avoided a Commons defeat over the controversial plans to increase tax on older, more polluting cars.... ...

Source: www.gminsidenews.com --- 28 days ago
*How General Motors Plans to Muddle Through* Rick Newman US News and World Report August 1, 2008 Image: http://www.usnews.com/blog_dbimages/120/flowchart2.jpg (http://www.usnews.com/blogs/flowchart/2008/8/1/how-general-motors-plans-to-muddle-through.html) I sat down recently with GM marketing Chief Mark LaNeve and asked about the company's prospects. Q:*There's been a lot of bad news lately: plunging car sales, more restructurings, the huge dropoff in trucks and SUVs. Do you feel like GM has a handle on where it's going?* A: What we don't have a handle on is the industry, especially at the retail level. We're doing better than Ford or Chrysler in some segments, but the only manufacturer doing well year-over-year is Honda. So the whole question is where is the industry going? I'd like to think it's somewhere near the bottom. Image: http://info.detnews.com/dn/pix/2005/05/19/asec/a019-gmlaneve-0505y_05-19-2005_SL62QDQ.jpg *What's your answer to all the armchair analysts who say GM has too many brands, that it needs to get rid of some of the weaker brands like Pontiac, Buick, and Saturn?* If we were to cut three or four brands, what would the benefit be? What would we really save? We actually run our business now like it's four brands, with Pontiac, GMC, and Buick as one brand. And we've filled the portfolio for all of our brands. So if we killed one of the brands, we'd lose a business. We'd save a little short-term marketing money, but not ...

Source: www.gminsidenews.com --- 9 days ago
*Handling The Fuel Sell* James Stanford 19 August 2008 www.goauto.com.au *General Motors R&D Chief discusses the issues with alternative fuels.* General Motors research and development Chief Larry Burns has urged stakeholders in alternative energy technologies to stop fighting among themselves. Visiting Melbourne last week, Mr Burns stated GM’s view that there is no one solution to the looming fuel crisis and that various energy technology backers should recognise this. “If this issue is as serious as it appears to be, then we can solve it,” Mr Burns said. “But we can’t solve it by being paralysed by all these different parochial views.” He said the various backers were creating a distorted picture of the viability of various alternative technologies that was detrimental. “What’s happening is that people who like natural gas over-promote natural gas and overly criticise all the other (alternative fuels),” he said. “The people who like ethanol overly promote ethanol and overly criticise all the other ones. The next thing you know, you’ve got all these people digging their heels in, thinking there’s a single answer and that’s the only thing you should invest in. In fact, we must invest in all of them.” Click here to continue article (http://www.goauto.com.au/mellor/mellor.nsf/story2/71D4FFBDA30A26FDCA2574AA000D1F1D) Image: http://www.goauto.com.au/mellor/mellor.nsf/story/71D4FFBDA30A26FDCA2574AA000D1F1D/$file/Holden_Burns_Reuss2.jpg *GM ...

Source: www.gminsidenews.com --- 51 days ago
Link: http://www.reuters.com/article/marketsNews/idINN0827236920080708?rpc=44&sp=true NOTE: *This e-mail was sent on June 27 but did not widely circulate until this week because of the company's early July shutdown.* DETROIT, July 8 (Reuters) - Following is the text of an e-mail from General Motors Corp Chief Executive Richard Wagoner to managers on the automaker's efforts to develop plans to cut costs and improve its cash position. GM Leaders: Like each of you, I see a steady stream of media coverage and receive lots of questions about the continued challenges that GM and all automakers in the U.S. are facing. The rapid rise in fuel prices and change in auto industry sales mix have made market and economic conditions very challenging. We're responding quickly and aggressively with a steady stream of actions to better position GM for sustainable profitability and growth, including: A new global compact car program for Chevrolet, a next generation for the popular Chevy Aveo, and a high efficiency engine module for the U.S. market. Funding for production of the Chevy Volt extended-range electric vehicle. Addition of third shifts to our plants in Lordstown, Ohio and Orion, Michigan which build hot-selling Chevy and Pontiac cars. Cessation of production at four plants that build pickups, SUVs and medium-duty trucks. A strategic review of the Hummer brand. Beyond these initiatives, our GMNA team continues to develop further action plans to ...