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Watchdog: GMAC bailout could cost taxpayers $6.3B
ABC - KJCT 8 - Grand Junction CO, 5 minutes ago / The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable - a decision that could cost taxpayers $6.3 billion, a new watchdog report says.
GM reinstates Woonsocket dealer
The Valley Breeze - Cumberland RI, 20 minutes ago / General Motors Company has agreed to reinstate 661 dealerships pending closure, with Simon Chevrolet-Buick included on the list of dealers to stay open.
With termination overturned, Hulsizer gets to sell more cars
Williamsport Sun-Gazette - Williamsport PA, 21 minutes ago / Hulsizer Chevrolet in Montgomery has been a family business and a community mainstay since 1910.
GM CEO says U.S. gov't will make money on bailout
Sify, 21 minutes ago / General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
General Motors Co, Volkswagen Ag And Ford Motor Co Are Positioning Themselves To Compete For Return Customers.
China News.Net, 24 minutes ago / After 8.6 million Chinese bought their first cars last year, General Motors Co, Volkswagen AG and Ford Motor Co are positioning themselves to compete for return customers.
Rattner: Auto Turnaround Wasn’t Like Private Equity At All
Private Equity Beat - The Wall Street Journal, 42 minutes ago / Former car czar Steven Rattner may have been hired by the government to turn around the U.S. auto industry in part for his private equity and Wall Street expertise.
- Auto sales skid in February
Viet Nam News, 46 minutes ago / Car sales by the Viet Nam Automobile Manufacturers' Association (VAMA) members reached just 5,030 units in February, down 25 per cent against the same period last year, reflecting a week-long holiday during the month to mark the lunar new year.
Institutional Investor Special Report: The Coming Crash -- A Trillion-Dollar Pension Crisis Looms Large Over America
PR-inside.com - Austria, 48 minutes ago / NEW YORK, NY -- (Marketwire) -- 03/11/10 -- As the U.S. slowly pulls itself out of recession following the worst financial debacle in more than 70 years, another potential crisis is looming on the horizon.
Job drain deepens in Valley, but officials forecast growth soon
The Vindicator - Youngstown OH, 1 hour ago / Ross Sapienza isn't surprised that unemployment rates are rising again in the Mahoning Valley.
Separating Cadillac From GM
NBC - WILX 10 - Lansing MI, 1 hour 28 minutes ago / When you think of Cadillac, you may or may not think of GM.
GM Daewoo Severs Ties with Sales Unit
Chosun Ilbo, 1 hour 31 minutes ago / Troubled carmaker GM Daewoo has announced a breakup with Daewoo Motor Sales Corp., which used to be its sole network of dealerships.
Car Sales Poke Along at Snail's Pace
Valley Voice Newspaper - Kalispell MT, 1 hour 52 minutes ago / Local car dealers say things could be worse, but they all agree they have yet to see a rebound in sales that slumped more than 18 months ago.
Some Cadillac dealers get reprieve
Chicago Tribune - Chicago IL, 2 hours 23 minutes ago / Chicago-area Cadillac dealers Dennis Bauer and Mike Ettleson were among at least 15 General Motors dealers in Illinois who got a stay of execution this week.
Still some gas left in Hummer
New York Daily News - New York NY, 3 hours 55 minutes ago / GM , winding down the military-style vehicle after a deal to sell it failed, said it's resuming production of the Hummer H3 and H3T models for about a month to fill a large fleet order.
Sixty Minutes with GM's Mark Reuss
Motor Trend, 8 hours 6 minutes ago / When one has that much contact with consumers, the automotive press and bloggers, the amount of real news from any given chat makes up a small percentage of time spent online -- in this case, 60 minutes.
Don't Break the Seal! GM Battles to Withhold Safety Secrets
Corporate Counsel, 8 hours 9 minutes ago / A small army of defense lawyers for once-mighty General Motors is battling in Connecticut court to seal court documents that indicate that poorly designed seat backs may have led to numerous deaths and injuries.
Chevrolet Goes Social At SXSW
The Car Connection, 9 hours 28 minutes ago / March 10th, 2010 When it comes to getting younguns interested in its vehicles, General Motors hasn't been as aggressive as some of its competitors in exploiting Facebook, Flickr, Twitter, and other social media services.
Toyota Dealers Accuse Government Of Trying To Drive Away Their Business
Say Anything, 10 hours 48 minutes ago / I've been saying for a while now that a lot of the hype surrounding the media/government pile-on of Toyota was being driven by the fact that Toyota a) isn't union friendly (unlike the President and his party) and b) is a competitor of government-owned General Motors and Chrysler.
Oh No You Di'nt! Chevy Posts Bigger-Than-Ford Torque Figure
Straightline Blog, 11 hours 42 minutes ago / General Motors announced today that the diesel engine in its 2011 Heavy-Duty pickup trucks will produce 30 pound-feet more torque than the diesel engine in the 2011 Ford Super Duty.
GM Dealer Reinstatement Puts Pressure On Chrysler
The Truth About Cars, 11 hours 54 minutes ago / We believe that all communications concerning the subject matter of the arbitration should be between counsel and request that your clients follow this procedure in the future.
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N.B.A. Roundup: After Slow Start, Mavericks Beat Nets for 13th Straight Victory
The New York Times - New York NY
The New York Times - New York NY, 28 minutes ago/ The Nets charged to a 17-3 lead in the first quarter and led by as many as 18 points in the first half.
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'Big Mike' draws tears, cheers on 'American Idol'
The San Diego Union Tribune - San Diego CA
The San Diego Union Tribune - San Diego CA, 42 minutes ago/ Michael "Big Mike" Lynche made Kara DioGuardi cry and turned the rest of the "American Idol" judges giddy with a moving performance of "This Woman's Work." Lynche, a mountain of a guy who lives up to his nickname, performed last among the eight male semifinalists Wednesday and emerged as the star of the Fox TV show.
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Tudor: Root for State and Carolina
The News & Observer - Raleigh NC
The News & Observer - Raleigh NC, 4 hours 1 minute ago/ I'm not saying you should — you better pull for N.C. State and North Carolina to win their games Thursday.
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Off-duty officers were with Roethlisberger at Ga. club
Sun Sentinel
Sun Sentinel, 1 hour 8 minutes ago/ Two off-duty Pennsylvania law enforcement officers were with Pittsburgh Steelers quarterback Ben Roethlisberger at the Georgia nightclub where a woman accused him of sexual assault, and the two men didn't see anything inappropriate, an attorney for one of them said Wednesday.
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'Lost Boys' actor Corey Haim dies at 38
The Kansas City Star - Kansas City MO
The Kansas City Star - Kansas City MO, 34 minutes ago/ A teen talent who discovered drugs as he tasted his first success and whose personal problems increased as his star-power faded.Haim died Wednesday at 38, another chapter in Hollywood's tragic history of careers ravaged by drugs.Brittany Murphy's career was rebounding when she died at 31 in December from pneumonia and prescription drugs.River Phoenix was 16 when he starred in "Stand By Me" and 23 when he died of a drug overdose outside a Hollywood nightclub.Haim died at Providence St. Joseph Medical Center in Burbank, His mother called paramedics after he collapsed while getting out of bed at his apartment.Haim started working in TV commercials at 10 and was a big-screen heartthrob at 15.
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Wikipedia
General Motors Company, also known as GM, is a United States based automaker with headquarters in Detroit, Michigan.
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Toyota sales up 50 percent from March 2009
AP
posted:
Wednesday 03/10/10 12:25 AM EST
many loyal Toyota buyers seem to be sticking with the brand. He defended the increase in incentives, which has forced General Motors Corp., Chrysler Group LLC, Ford Motor Co
Battery maker A123 narrows 4Q loss as sales rise
AP
posted:
Tuesday 03/09/10 11:40 PM EST
Fisker Karma plug-in hybrid vehicle, which is to launch late this year.
A123 also will supply General Motors Co. partner SAIC Motor Corp. with batteries for electric and hybrid
GE Capital to take over Navistar's retail lending
AP
posted:
Tuesday 03/09/10 09:43 PM EST
the Navistar Capital name.
About 60 workers from Navistar Financial Corp. who now work in the retail financing business will be transferred to GE Capital to manage the program
Analysis: Auto industry in Louisiana at crossroad
AP
posted:
Monday 03/08/10 02:41 PM EST
is on the way out, while the other is waiting to get started — both with the help of Washington, D.C.
On the way out is General Motors Co. in Shreveport. After a deal with a
The Rebound: Numbers tell story of market recovery
AP
posted:
Sunday 03/07/10 08:45 PM EST
of Bank of America Corp. from $3.75 to $16.70.
— 121 percent: Gain in a share of General Electric Co. from $7.41 to $16.35.
— 14 percent: Gain in a share of Wal-Mart
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Most Actives
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| C | 3.96 | 0.14 | 3.66% | 1.21B | |
| BAC | 17.11 | 0.31 | 1.85% | 222.93M | |
| SPY | 114.97 | 0.51 | 0.45% | 186.09M | |
Biggest % Gainers
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| PEL | 15.49 | 3.39 | 28.02% | 2,275.00 | |
| OLP | 12.78 | 2.43 | 23.48% | 452,807.00 | |
| GTN | 2.53 | 0.42 | 19.91% | 1.17M | |
Biggest % Losers
| Symbol | Last | Change | Volume | ||
|---|---|---|---|---|---|
| BYG | 4.32 | -1.03 | 19.25% | 5,458.00 | |
| ABVT | 55.46 | -7.70 | 12.19% | 952,332.00 | |
| PSS | 22.27 | -1.72 | 7.17% | 4.14M | |
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