buy out

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 ...

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 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 ...

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 ...