Skip to main content

rick wagoner

  • 0
    Read This: Former Treasury boss unaware auto task force fired GM's Wagoner
    1400103900

    We dig a good political tell-all every once in a while (how else will we get our political fix while waiting for House of Cards' third season?). Today, we get just that from former Treasury Secretary Timothy Geithner's new book, "Stress Test," which details, among other parts of the 2009 financial ...

  • 0
    Read This: Architect of GM's bankruptcy plan reveals how company was saved
    1383426900

    Some things are never as they seem. That's especially true when talking about the bankruptcy of General Motors. From afar, it's easy to look at GM's issue being one of decades of mismanagement, poorly built cars, and a certain, too-big-to-fail mindset. But closer to the situation, as the ...

  • 0
    Report: Court upholds pension cuts to 100 retired GM execs
    1375992060

    100 retired executives from General Motors will soldier on with smaller pensions after a trio of judges in the Sixth Circuit Court of Appeals in Cincinnati, ruled in favor of the automaker. The dispute stemmed from the requirements made by the Obama administration as part of GM's bankruptcy and ...

  • 0
    Rick Wagoner wants to make your next test drive more fun
    1354280400

    Actually, it's not Rick Wagoner all by himself, but the ex-GM chairman is working with a team of tech entrepreneurs who make up Tred, a new test drive concierge service. Tred is still in beta, but the idea is that you pick the cars you'd like to test drive, schedule delivery by concierges who are ...

  • 0
    Report: Ex-GM CEO Rick Wagoner delivers commencement speech, calls for humility
    1323732000

    Former General Motors CEO Rick Wagoner offered sound advice to graduates of the Virginia Commonwealth University in Richmond in the form of a commencement speech over the weekend. According to The Detroit News, the ousted executive told students to remember their values first and foremost, and ...

  • 0
    Wagoner keeping busy, elected to aluminum recycler's board
    1281441600

    We can't be sure if he plays the Matthew Wilder original or P. Diddy's version, but we imagine Rick Wagoner waking up every morning to "Ain't nobody gonna break my stride, ain't nobody gonna slow me down, oh no...." In addition to his seat on the board of the Washington Post, Wagoner's been voted ...

  • 0
    Rick Wagoner lands a seat on Washington Post board
    1276263060

    Wondering what has come of Rick Wagoner since he was jettisoned from General Motors prior to the company's historic bankruptcy? The former Duke basketball player has stayed far away from the spotlight over the past year, but that hiatus ends effective immediately. Automotive News reports that ...

  • 0
    Report: GM adding extra shift at Lordstown to meet expected Cruze demand *UPDATE
    1266933660

    2011 Chevrolet Cruze – Click above for high-res image gallery
    It looks like General Motors is going to announce that Lordstown will be getting a third shift. Lordstown, Ohio is the plant where GM is going to be building its new compact Chevrolet Cruze, and apparently they think the demand ...

  • 0
    Rattner recounts auto bailout, was "shocked" and "stunned" at condition of GM, Chrysler
    1256152800

    Steve Rattner is a man we admire but do not envy. Rattner, a former Wall Street banking type with zero experience in the automotive or manufacturing world, was tasked by President Obama with guiding General Motors and Chrysler through their restructuring efforts. Not a small job, by any means. Or ...

  • 0
    REPORT: Wagoner gets $8.2M severance + $74,030 annually w/benefits... for life
    1247661240

    When Rick Wagoner was forced out of his position as the CEO of General Motors last March, he left with a severance plan that included $22 million paid out over the course of a few years, plus a yearly pension. Just a few months later, The Los Angeles Times is reporting that Mr. Wagoner has worked ...

  • 0
    REPORT: GM cutting executive pensions, ex-CEO Wagoner to get pinched the most
    1245171600

    With General Motors in bankruptcy, it was only a matter of time before pensions came under scrutiny. The Detroit News is reporting that GM CEO Fritz Henderson has confirmed that executive pensions beyond $100,000 per year will be cut by two-thirds. Recently defenestrated boss Rick Wagoner will ...

  • 0
    REPORT: Bill Ford, Jr. "shocked" at Wagoner's ousting
    1240437600

    Bill Ford, Jr., executive chairman of the Ford Motor Company, admits he was surprised at former General Motors CEO Rick Wagoner being asked to step down by the Obama administration. Even as Ford applauded the White House, saying "One of the things we've never had in the past is an administration ...

  • 0
    Michael Moore: "The Commander in Chief of the Free World is now Mr. Goodwrench"
    1238777940

    Michael Moore, long a critic of General Motors, is calling Rick Wagoner's ousting a "superhero move" from President Obama, one that puts corporate America on watch. The truth, as usual, lies in the middle of the extremes, but Moore has long been critical of the Automotive Industrial Complex and its ...

  • 0
    Why Obama Axed Wagoner - Autoline on Autoblog with John McElroy
    1238452140

    Rick Wagoner is no longer CEO of General Motors for two reasons. First, he failed to come up with a plan that satisfied the government that GM would be viable going forward. Two, President Obama needed political cover before he poured more money into the auto industry, a move which is strongly ...

  • 0
    Wagoner retirement package worth $20.2 million
    1238439900

    Now that Rick Wagoner is out of a job, he's eligible to start receiving retirement benefits from his former employer of 32 years. Though having received over $63 million in salary since becoming a General Motors executive in 1992, Wagoner is eligible for a "Salaried Retirement Plan" and "Executive ...

  • 0
    BREAKING: GM CEO Wagoner out at Obama's request
    1238367480

    Tom Krisher of the Associated Press reports that General Motors CEO Rick Wagoner will step down from his post immediately, based on information given to him from an unnamed source. The news comes on the eve of President Obama's expected announcement of a deadline for General Motors and Chrysler to ...

  • 0
    Wagoner: Gas tax hike is "worthy of consideration"
    1237404540

    Count General Motors' CEO Rick Wagoner as one proponent for a raise in the federal gas tax. While the idea seems like political suicide for any legislator willing to jump on board, hiking the gas tax up so that a gallon of gas hovers around the $4.00 mark could have a few desirable effects, notably ...

  • 0
    GM gets its $4 billion, Chrysler still waiting
    1230911880

    On Monday, December 29, Chrysler and General Motors were supposed to get the first installments of its allotted funds from the $17.4 billion dollar bridge loans. On Wednesday, GM got it's $4 billion. Chrysler, on the other hand, is still "finalizing the details of our financial assistance." The ...

  • 0
    Ironic or appropriate? Wagoner up for "Michiganian of the Year"
    1230584280

    Depending on your point of view, General Motors CEO Rick Wagoner could either be considered a Godsend or a pariah that represents all that's currently wrong with the country. Of course, we're referring mainly to the automotive bailout that the CEO helped (or hindered, again depending on your ...

  • 0
    Would Ghosn be the best choice to lead GM?
    1228919460

    Calls for the replacement of Rick Wagoner at General Motors raise an intriguing question: who would be the best choice to take the reigns of America's largest automaker if Wagoner were ousted? Some would point directly to GM COO Fritz Henderson, but we're not so sure that Washington would go along ...

Loading

Loading
Autoblog iPhone App
Shop for a vehicle