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0Report: GM Europe headed for another restructuring after disappointing losses 1336080660
General Motors is having a hard time nailing down its European operations. The automaker reported its first-quarter earnings slid by $1 billion, down from $3.2 billion in the first quarter of last year. The drop was partially attributable to a one-time loss that included changes in accounting for ...
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Report: Could Mary Barra be GM's first female CEO? 1335893340
General Motors CEO Dan Akerson has been quoted as saying Mary Barra is on the list of his potential successors. Akerson has been adamant about the fact that the next head honcho for General Motors should come from within the automaker's ranks. Reuters reports the executive believes it is crucial ...
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Report: GM CEO Akerson makes less than his peers 1335549660
You wouldn't think $7.7 million is something to complain about, but then again, you're probably not in the running to be CEO of General Motors. Despite the fact that GM is no longer the largest company in the world – or, depending on whom you ask, even the largest carmaker – it's a ...
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Report: GM's Akerson thinks successor should come from within; "won't back off" criticism of Lincoln 1335446880
There has been a lot of discussion from industry analysts about who will replace Ford CEO Alan Mulally, but he's not the only CEO of a major American automaker that will eventually need a successor. Dan Akerson, CEO of General Motors since shortly after its emergence from bankruptcy in 2009, ...
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Report: Treasury orders executive pay cuts at GM including CEO Akerson 1333978020
The Detroit Free Press reports that the United States Treasury has exercised its power to put a cap on executive compensation at General Motors by freezing CEO Dan Akerson's pay at last year's levels. Akerson brought home a total of $9 million last year including salary, stock and restricted ...
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GM ends donations to climate-change-denying Heartland Institute 1333303320
10,000 General Motors owners can make an impact. After being confronted with a petition against the money that the GM Foundation gave to the Heartland Institute – known as one of the biggest funders of climate-change denial – following an exposé on DeSmogBlog, CEO Dan Akerson ...
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Report: GM's biggest hurdle to recruiting new talent? Finding people to live in Detroit 1332867660
Believe it or not, there was once a time when Detroit was a hustling and bustling urban metropolis – a desirable city in which to live. Today? Sure, there are some hardcore Detroit supporters, and there are certainly nice areas in and around Detroit to call home, but the truth is that the ...
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Video: GM launches ad campaign touting Chevy Volt safety [w/video] 1327681980
General Motors has launched an advertising campaign touting the safety of the Chevrolet Volt extended-range plug-in electric vehicle, just as its CEO testified to Congress that a recent Volt fire that took place after a National Highway Traffic Safety Administration crash test would never occur ...
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Report: GM CEO stands up for Chevy Volt in D.C. hearing; Issa tells NHTSA: "I don't believe you" 1327514460
What a surprise. Today's Congressional hearing over the Chevrolet Volt fire and the resulting investigation by the National Highway Traffic Safety Administration turned out to be contentious. The hearing took place in the Committee on Oversight and Government Reform's Subcommittee on Regulatory ...
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Report: GM CEO Akerson asked to testify at Volt hearing 1326985260
It's a safe wager that no one expected the report of the Chevrolet Volt fire after a National Highway Traffic Safety Administration crash test to turn into a Congressional dressing-down. The short story: NHTSA crash-tested a Volt in May, that car caught fire in June while in storage, and NHTSA ...

