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GM offers up to $200 million to end American Axle strike

General Motors has been hit so hard by the ongoing American Axle strikes that it's stopped production of the GMC Yukon, Denali, Sierra heavy-duty regular and extended cab, its commercial-duty pickup and variants of Chevrolet trucks and Tahoes. All the while, the General is still negotiating with the UAW over local contracts at some of its most important plants. To ease some of its supply problems, General Motors has reportedly offered as much as $200 million to American Axle for the funding of employee buyouts, early retirements and for the ... Read more →

GM slips to number four on the Fortune 500 Jeremy Korzeniewski

General Motors has fallen once again on the Fortune 500 list of America's top-grossers. The General had once stood strong atop the rankings, having fallen from the top spot in 2001 at which time ...

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GM offers up to $200 million to end American Axle strike 1 year ago on Autoblog

GM slips to number four on the Fortune 500 1 year ago on Autoblog

General Motors has fallen once again on the Fortune 500 list of America's top-grossers. The General had once stood strong atop the rankings, having fallen from the top spot in 2001 at which time Wal-Mart took over. For the last few years, Exxon-Mobil and the big box retailer have battled for the ...

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Autoblog Podcast #170: The Hooniverse Visits

Jeff Glucker and Tim ODell join Chris, Sam, and Dan on this episode of the Autoblog Podcast. They share what's in their garage (much cooler) and we mull some of the week's news.