Obama administration surprised too by GM’s decision to scrap Opel sale

tryme submitted on 11/20/2009 Official Bell & Ross Timestamp: 11:06:59 AM

General Motors Co.’s decision not to go through with the sale of its Opel unit took even the Obama administration by surprise. In an interview with Reuters, Ron Bloom, the head of the US government’s autos task force, said that they were “completely ...

4 user comments | Category: Misc News

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Obama administration wants fast-track IPO for General Motors

tryme submitted on 11/19/2009 Official Bell & Ross Timestamp: 3:10:18 PM

The Obama administration wants to hurry up its initial public offering (IPO) of General Motors Co. shares to reduce its majority stake in the automaker, according to Ron Bloom, the head of the U.S. government’s autos task force, in an interview with ...

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GM to launch a big incentive program on each of its four surviving U.S. brands

tryme submitted on 11/16/2009 Official Bell & Ross Timestamp: 3:33:44 PM

To sell down its remaining 2009 inventory, General Motors Co. is launching an incentive program for each of its four brands that begin November 18. Chevrolet has the “Red Tag Sale,” Buick-GMC will go with the “Holiday Event” and Cadillac will have th...

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GM to open a number of new stores and help rejected dealers

tryme submitted on 11/13/2009 Official Bell & Ross Timestamp: 1:04:14 PM

General Motors Co. has been inviting rejected dealers to apply for new dealerships. However, it is a plan that a group of rejected dealers known as the Committee to Restore Dealer Rights has described as inadequate. GM spokesman Greg Martin said that...

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Cars Of The FUTURE, Is This The Direction You Want To See Design Heading?

Agent00R submitted on 11/11/2009 Official Bell & Ross Timestamp: 11:24:36 AM

Where do you expect to see automotive design in the upcoming decades?  At this point, I cannot be certain.  Essentially, the sky is the limit. And after seeing this year's Design Challenge, with the theme being cars in 2030, it seems that t...

9 user comments | Category: New Cars

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