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0Followup: GM officials take issue with Whitacre's IPO share price estimates 1287432060
It was only last week when Reuters reported that Ed Whitacre, Jr. told the media that General Motors IPO shares would "likely to be priced between $20 and $25 in the initial public offering by the automaker in November." GM didn't respond immediately, but now, like a judge giving instructions to ...
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Report: Whitacre wants a flagship S-Class rival for Cadillac 1281617940
Cadillac Sixteen concept – Click above for high-res image galleryThere was a time, not so long ago, that if you wanted a proper fullsize luxury sedan (short of a Bentley or Rolls-Royce, at least), your choices were "largely" limited to the German three: the BMW 7 Series, Audi A8 and ... -
REPORT: GM wants next CEO to come from within, Whitacre out in 2-3 years 1265048880
The more things change, the more... you know what we're trying to say. Just last week, longtime AT&T guru and then interim General Motors CEO Ed Whitacre was able to ditch that pesky 'interim' modifier and became the king of the hill at GM. Of course, that was last week. This week we're ...
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BREAKING: Ed Whitacre named permanent CEO at GM, no Saab deal yet 1264437900
While early rumors suggested that this morning's surprise news conference at General Motors' Renaissance Center might be to confirm the sale of Saab to Spyker, the big news emanating from the company's Detroit headquarters is that Ed Whitacre Jr. is scrubbing 'interim' from his door plaque and ...
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GM clarifies Volt's "low 30s" price is only possible after tax credit 1263916680
2011 Chevrolet Volt – Click above for high-res image gallery$40,000. That's the potential price we've heard for the first-gen Chevrolet Volt for ages, and it's the number we get again, now that the recent "low 30s" price rumor has been put to rest. Again. General Motors spokesman Dave ... -
BREAKING: GM reportedly delays board meeting as new Swedish bidders emerge for Saab 1262887020
Saab: A history in pictures – Click above for high-res galleryJust when we thought the financial soap opera surrounding Saab couldn't get any more convoluted or tortured, it has. Bloomberg is reporting that General Motors has once again delayed a meeting planned for today to determine the ... -
REPORT: Fed predicts it will lose $30B on auto industry bailout 1260469620
2009 isn't quite over yet, but we're pretty sure most automakers would rather forget that it ever happened. And while General Motors and Chrysler suffered the pain and humiliation of bankruptcy and workers lost thousands of jobs and many plants and dealerships closed, the good news is that the ...
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BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed] 1259938800
Having just been appointed interim CEO at General Motors earlier this week, ex-AT&T man Ed Whitacre isn't wasting any time in exercising his newfound authority. According to The Wall Street Journal, Whitacre is to announce a number of management changes this morning, including moving Vice ...
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GM to offer 60 day money back guarantee on all new vehicle purchases 1252602060
General Motors wants to prove to you that their vehicles are up to snuff, and The New York Times is reporting that a new marketing initiative aims to get more customers behind the wheel of GM cars and trucks. The General's rumored Satisfaction Guaranteed program promises to give customers their ...
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Former AT&T chief Edward Whitacre, Jr. named chairman of New GM 1244566800
A new General Motors needs new leadership. So following the replacement of former CEO Rick Wagoner with Fritz Henderson, the General has announced its new incoming chairman: Edward E. Whitacre, Jr.Whitacre is perhaps best known for his seventeen-year tenure as chairman and chief executive of ...

