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GM offering buyouts and bonuses to HUMMER dealers
Click on the above image for our 2009 Hummer H3T high-res gallery Taking heed of lessons learned when it shed the Oldsmobile brand, General Motors is quietly negotiating with HUMMER dealers to prevent lawsuits if the brand is sold or extinguished. Even though confidentiality agreements have been signed, HUMMER dealers are reporting heavy discussions with GM to buy back stores and compensate owners. GM has even paid second- and third-quarter bonuses (averaging six figures) in advance. June delivered gloom to HUMMER as the brand's sales fell ... Read more →
XM and Sirius set to announce "merger of equals" today John Neff
UPDATE: It's official! Both XM and Sirius have been dropping hints since last summer that the two could merge into one giant satellite radio provider with a subscriber base of 12 million. It appears ...
Automotive News insists GM and DCX talking buyout John Neff
Automotive News has filed yet another report that insists DaimlerChrysler is in talks with General Motors about the latter purchasing the Chrysler Group. This time the trade pub claims that sources ...
Ford expanding buyouts to include all North American factory workers John Neff
As part of what we're calling the newly rechristened Accelerated Way Forward plan, Ford is reportedly opening up its buyout program to include all North American factory workers. Currently the buyouts ...
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GM offering buyouts and bonuses to HUMMER dealers 1 year ago on Autoblog
Click on the above image for our 2009 Hummer H3T high-res gallery Taking heed of lessons learned when it shed the Oldsmobile brand, General Motors is quietly negotiating with HUMMER dealers to prevent lawsuits if the brand is sold or extinguished. Even though confidentiality agreements have been ...
XM and Sirius set to announce "merger of equals" today 2 years ago on Autoblog
UPDATE: It's official! Both XM and Sirius have been dropping hints since last summer that the two could merge into one giant satellite radio provider with a subscriber base of 12 million. It appears after a marathon negotiation session last weekend, the two are finally ready to make it offiicial ...
Automotive News insists GM and DCX talking buyout 2 years ago on Autoblog
Automotive News has filed yet another report that insists DaimlerChrysler is in talks with General Motors about the latter purchasing the Chrysler Group. This time the trade pub claims that sources from Germany, where the rumor originated, and the United States have confirmed that GM is interested ...
Ford expanding buyouts to include all North American factory workers 3 years ago on Autoblog
As part of what we're calling the newly rechristened Accelerated Way Forward plan, Ford is reportedly opening up its buyout program to include all North American factory workers. Currently the buyouts are only being selectively offered at targeted plants. Apparently that's not getting the job done ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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