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Taxpayers likely to face initial loss…

FOX - FOX 5 - Washington DC, 20 minutes ago / The U.S. government islikely to take a loss on General Motors Co in the firstoffering of the automaker's stock, six people familiar withpreparations for the landmark IPO said.

GM Dealers Helped by DealerSocket in Responding to Internet Leads Quickly

TMCnet, 47 minutes ago / Automotive CRM provider DealerSocket has announced that it has been approved by General Motors ( News - Alert ) (GM) for recertification as a Certified Lead Management Provider (CLMP).

Autos Weekly: GM's New Anxiety

Motley Fool, 1 hour 6 minutes ago / New details emerge on GM's plan for going public.

GM to unveil Cruze compact sedans

Ventura County Star - Camarillo CA, 1 hour 12 minutes ago / General Motors said Friday that it will launch its Chevrolet Cruze compact sedan next week at the Ohio factory that makes the car.

‘Big Ed' comes home

mySA - San Antonio TX, 1 hour 44 minutes ago / One day after he stepped down as CEO of the country's biggest automaker, Ed Whitacre had already ditched his suit and tie was back in San Antonio meeting with old friends in his office.

Obama's Ex-Auto Czar: American Wasn't My First Choice for Top GM Job

FOX News, 1 hour 49 minutes ago / President Obama's former auto czar, Steven Rattner , tried to recruit Nissan-Renault CEO Carlos Ghosn, a Brazilian-born, Lebanese descendant, to run General Motors , a one-time symbol of American success, according to Rattner's new tell-all book about the federal bailout of GM and Chrysler.

OnStar Opens Crisis Assist Emergency Services to Those …

TMCnet, 1 hour 50 minutes ago / OnStar is offering Crisis Assist services to its active subscribers in areas affected by Hurricane Earl. With a simple push of the OnStar button in GM vehicles, subscribers will be put in contact with specially-trained Crisis Advisors.

Warren mayor blasts Obama over GM staying in Detroit

The Macomb Daily - Mount Clemens MI, 2 hours 2 minutes ago / Warren Mayor James Fouts on Friday blasted President Barack Obama over revelations in a new book that the president pressured General Motors to not move its headquarters to Warren last year.

U.S. carmakers weather worst August since ’83

Columbia Tribune - Columbia MO, 2 hours 55 minutes ago / Americans nervous about the drumbeat of bad economic news stayed away from auto showrooms last month.

Weak auto sales for August amid economic worries

The Madison Daily Leader - Madison SD, 3 hours 2 minutes ago / Americans nervous about the drumbeat of bad economic news stayed away from auto showrooms.

GM plant site will need a new suitor

Atlanta Journal-Constitution, 4 hours 22 minutes ago / A single, large, exquisitely-located patch of land with a willing seller, just begging to be transformed into something special.

Employment Report Stokes Stocks, Housing And Autos Still Limp

Forbes, 5 hours 30 minutes ago / The stock market this week is saying that I was wrong in warning in last week's column that we might already be back in recession in this, the third quarter of the year.

GM Introduces Holden Series II in Australia

Biodiesel and Ethanol Investing, 7 hours ago / Nitrobahn reports that General Motors, the U.S. based auto maker introduced the Series II Holden cars in the Australian market.

GM to offer competitive pricing on Chevrolet Volt in China

AutoblogGreen, 7 hours ago / With its launch slated for the second half of 2011, Kevin Wale, president and managing director of General Motors China, promises that the Chevrolet Volt will be priced to compete in China's fledgling alternative technology car market.

Have you ever 'borrowed' office supplies? Former GM worker accused of selling equipment on eBay

Kalamazoo Gazette - Kalamazoo MI, 8 hours 5 minutes ago / You've pilfered a pen or two from your workplace.

Former General Motors CEO to head Knoxville company

Knoxville News Sentinel - Knoxville TN, 9 hours 22 minutes ago / Former General Motors Chairman and CEO Frederick A. "Fritz" Henderson has been tabbed to head Knoxville-based SunCoke Energy, which makes coke for steel manufacturers.

Going Out of Our Minds -- For Detroit

The Detroit Blog - Time, 9 hours 25 minutes ago / If you read this blog regularly (and why wouldn't you?), you know my love of top-secret knowledge.

Slow response made perfect storm worse [Japan Times, Tokyo]

Insurance News Net, 10 hours 14 minutes ago / Sept. 03--While the intense speculation that Toyota Motor Corp. may have covered up electronic defects appears to have ebbed, Japanese experts say the world's top automaker deserves a failing grade for its risk management, and the resulting damage to its reputation was worse than it should have been.

Something Fishy With The Miraculous August Numbers In China

The Truth About Cars, 10 hours 55 minutes ago / GM, Toyota, and Ford reported subdued August sales numbers for China today.

China Growth For Major Car Companies Slows

24/7 Wall Street, 14 hours 41 minutes ago / It may turn out that China is not the Holy Grail for multinational car companies that they believed it would be.

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Somali MPs killed in suicide bomb attack on Mogadishu hotel Telegraph - London - UK
Telegraph - London - UK, Aug 24, 2010/ The attack comes amid two days of fighting that have killed at least 40 civilians and wounded more than 130 in the capital according to Ali Muse, the head of Mogadishu's ambulance service.
Plane crashes in Nepal; foreigners among 14 dead The Seattle Times - Seattle WA
The Seattle Times - Seattle WA, Aug 24, 2010/ A small passenger plane heading to the Mount Everest region crashed in heavy rain Tuesday outside Nepal's capital, killing all 14 people aboard, including four Americans, a Briton and a Japanese national, officials said.
Cairn Energy narrows loss, sees Greenland promise MarketWatch
MarketWatch, Aug 24, 2010/ Scottish-headquartered oil exploration group Cairn Energy reported Tuesday that it sharply reduced net losses for the first half of the year, saying its first well in Greenland is showing signs of promise.
World stock markets fall as economy worries linger The Palm Beach Post - Palm Beach FL
The Palm Beach Post - Palm Beach FL, Aug 24, 2010/ World stock markets retreated Tuesday as the strong yen knocked Japanese shares and investors anticipated more bad news from U.S. economic reports this week.
Two British hostages survive bus siege carnage as eight are shot dead by rogue cop The Daily Mirror - London - UK
The Daily Mirror - London - UK, Aug 24, 2010/ Two Britons were rescued from a horrifying bus siege in which eight hostages died yesterday after a sacked policeman made a crazed attempt to get his job back.

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