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ed whitacre

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    Report: GM CEO Whitacre still flies on AT&T jets equipped with golden parachutes

    When U.S. domestic automakers were commuting back and forth between Detroit and Washington while begging for government funds in the fall of 2008, a big deal was made of the fact that their CEOs were traveling in private jets instead of driving company vehicles. The backlash from JetGate was ...

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    Report: GM CEO could earn $9M per year, ex-CEO Henderson hired as $60k/month consultant

    Two different outlets are reporting two seemingly conflicting reports about pay at General Motors, but it's clear regardless of the details that money is in motion at The General. Ed Whitacre, Jr., who doesn't receive any pay as GM's chairman, is waiting on approval from the Treasury pay czar for ...

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    REPORT: GM wants next CEO to come from within, Whitacre out in 2-3 years

    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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    Autoblog Podcast #163 - Paukert Re-Redux

    Click above for the Autoblog Podcast in iTunes, RSS or listen now!
    Episode #163 of the Autoblog Podcast is here and Chris Paukert once again adds his insight as he's fast becoming the fourth regular member of the crew. First up we peek into the Autoblog Garage, occupied this week by a Nissan ...

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    BREAKING: Ed Whitacre named permanent CEO at GM, no Saab deal yet

    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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    Autoblog Podcast #162 - Paukert Redux

    Click above for the Autoblog Podcast in iTunes, RSS or listen now!
    He won't admit it, but Editor Paukert is fully addicted to joining us on the Podcast. He sat in again with Chris, Sam and Dan for Episode #162 of the Autoblog Podcast, and there was much rejoicing. First up, Ed Whitacre's somewhat ...

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    GM clarifies Volt's "low 30s" price is only possible after tax credit

    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 ...

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    BREAKING: GM reportedly delays board meeting as new Swedish bidders emerge for Saab

    Saab: A history in pictures – Click above for high-res gallery
    Just 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 ...

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    Report: Whitacre says 100+ GM dealers to be reinstated, pessimistic about Saab sale

    When General Motors went into bankruptcy, the company sent pink slips to 1,130 dealers that didn't meet a certain (unknown to us) set of criteria. The wind down of those dealers was supposed to be completed by October 2010, but a new law mandating a six-month arbitration process could give some ...

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    GM hires ex-AT&T execs for lobbying efforts

    While the job may not be popular at all in terms of public opinion, General Motors departing lobbyist Ken Cole has done a pretty good job of making the automaker a sympathetic figure for those inclined to bend rules and bail out poorly-managed behemoths. Sure, GM's stature in the public eye is ...

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    REPORT: No alternatives left - Whitacre says it's Spyker or the Grim Reaper for Saab

    2010 Saab 9-5 - Click above for high-res image gallery
    It's now or never. By the end of December General Motors will either divest itself of Saab by selling the Swedish automaker or by permanently closing its doors. And there is but one company bidding for the Swedish automaker -- Spyker -- which ...

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    Mulally and Whitacre gab on phone, what was said?

    Word has it that Ford CEO Alan Mulally and the new interim CEO of General Motors, Ed Whitacre, had a phone conversation this week. This type of across-the-aisle conversation is not unusual, as Mulally himself placed a call to each of his competitors when he arrived in D-town from Boeing three ...

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    REPORT: Fed predicts it will lose $30B on auto industry bailout

    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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    Mad Money host Jim Cramer calls Whitacre 'assassin of the bad'

    We've spilled some ink about CNBC Mad Money host Jim Cramer before, the financial expert who – as The Daily Show pointed out – missed the whole Great Depression 2.0 thing. Of course, it's not fair to single out Mr. Cramer, as 99 out of 100 economists thought credit default swaps based ...

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    BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed]

    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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    BREAKING: GM CEO Fritz Henderson steps down

    Well, that was quick. Fritz Henderson, the recently appointed CEO of General Motors, is stepping down. Company chairman of the board Ed Whitacre (remember the "Satisfaction Guaranteed" commercials, that's the guy) is set to act as the interim CEO until a permanent replacement is found. This ...

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    REPORT: GM dealers opting out of 60 day satisfaction guarantee?

    GM Chairman Ed Whitacre in GM's 60 Day Satisfaction Guaranteed ad
    It looks like a group of General Motors dealers aren't fond of the company's new 60-day satisfaction guarantee. In fact, they dislike it so much that about 3.5 percent of the General dealers are opting out of the program, according ...

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    GM "Satisfaction Guaranteed" official, commercial reveals future GM product

    GM "Satisfaction Guaranteed" commercial – Click above to view gallery of screen shots or watch video after the jump
    Earlier today we told you that General Motors would be announcing a new initiative that gives customers a 60-day money back guarantee on any Chevrolet, Cadillac, Buick or GMC ...


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