GmBuyouts


600 GM workers change mind on buyouts, cling to jobs instead

In these uncertain economic times, a job working for an automaker with a possible bankruptcy looming in the distance may be better than no job at all. This fact must be readily apparent to the 600 or so General Motors workers who have changed their mind and turned down the automaker's latest round of buyout offers, in this case worth $20,000 in cash plus a $25,000 voucher to buy a brand new vehicle from The General. Previous buyouts had offered as much as $140,000 to leave, depending on the individual worker's total years of service. Even with ... Read more →

GM announces 2007 loss and new buyouts for entire union workforce John Neff

Let's get the hard numbers out of the way. Today General Motors revealed that excluding special items, it posted a net loss of $23 million in 2007. Add in some funky deferred tax asset charge, and the ...

600 GM workers change mind on buyouts, cling to jobs instead 8 months ago on Autoblog

In these uncertain economic times, a job working for an automaker with a possible bankruptcy looming in the distance may be better than no job at all. This fact must be readily apparent to the 600 or so General Motors workers who have changed their mind and turned down the automaker's latest round ...

GM announces 2007 loss and new buyouts for entire union workforce 1 year ago on Autoblog

Let's get the hard numbers out of the way. Today General Motors revealed that excluding special items, it posted a net loss of $23 million in 2007. Add in some funky deferred tax asset charge, and the automaker's net loss last year rises to $38.3 billion. Aside from that, we're interested in how GM ...






Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

Featured Galleries

  • Danica Patrick NASCAR
  • Tiger Woods GM-owned Cadillac Escalade
  • Forza 3 Hot Holidays DLC
  • Spy Shots: Baby Buick caught in Germany
  • 2011 Aston Martin Rapide
  • LA 2009: Allard J2X MkII
  • LA 2009: 2010 Spyker C8 Aileron Spyder
  • Cornell's SAE Baja buggy tour and test drive
  • 2010 Range Rover Sport Autobiography
  • 2010 Hyundai Tucson
  • LA 2009: 2010 Subaru Impreza WRX STI Special Edition
  • LA 2009: 2011 Ford Mustang V6
AOL Autos

Find Your Next Car

Resources

10 Most Searched Cars on AOL Autos

Autoblog Video

Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum