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G.M. Is Taking Taxpayers for a Ride
G.M. Is Taking Taxpayers for a Ride
dealbook.blogs.nytimes.com — The $6.7 billion that General Motors announced it will repay in outstanding loans to taxpayers doesn't begin to scratch the surface of what the company actually owes. (more) G.M. Is Taking Taxpayers for a Ride
Bailout Ben - Home
bailoutben.com — Bailout Ben (aka Helicopter Benny), the intrepid pilot of Bail Force One, is on a mission to engineer the biggest bailout in the history of the universe! Benny's helicopter is flying lower and lower, and if he doesn't bail out every single company he ... (more) Bailout Ben - Home

General Motors Latest Blog Posts

Koenigsegg abandons Saab deal
103 minutes ago at FT Alphaville
GM's sale of Saab collapses; now what?
8 hours ago at BloggingStocks
Swedish Buyer Terminates Deal to Buy Saab
14 hours ago at DealBook
GM Announces It Will Pay Back Gov’t Loan … With Gov’t Money
onthehillblog.blogspot.com — GM will be begin paying back the TARP money in December, the company announced this morning. It’s a statement in need of a little context. Basically, GM will be using a portion of its $50 billion in TARP bailout money it received to in turn repay another portion of the TARP loans. (more) GM Announces It Will Pay Back Gov’t Loan … With Gov’t Money
GMAC Asks for More U.S. Aid
GMAC Asks for More U.S. Aid
dealbook.blogs.nytimes.com — GMAC, the troubled consumer finance company, is seeking billions of dollars in additional federal aid, a move that would be its third taxpayer bailout and could give the government a majority stake in the company, according to people briefed on the ... (more) GMAC Asks for More U.S. Aid
GMAC to get up to $5.6bn capital injection
ft.com — GMAC, the car financing company, is set to receive up to $5.6bn in a new capital injection from the Treasury, filling a hole identified in the “stress tests” earlier this year and paving the way for the government to become the majority shareholder. ... (more) GMAC to get up to $5.6bn capital injection
What the Ford?
blog.mises.org — Ford is busy touting the latest Consumer Reports ratings. It is entirely understandable. Ford (F) managed to achieve an expected reliability rating of "average or better than average" for 90% of its vehicles by 2010. Contrast this with GM's pitiful 44% of vehicles achieving the same rating and ... (more) What the Ford?
G.M. Board Expected to Decide Fate of Opel
G.M. Board Expected to Decide Fate of Opel
dealbook.blogs.nytimes.com — General Motors's board is expected to decide Tuesday the fate of Opel and Vauxhall, ending more than a year of uncertainty surrounding its business and the restructuring in Europe and the United States. (more) G.M. Board Expected to Decide Fate of Opel
U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
dealbook.blogs.nytimes.com — A government report released Monday concludes that taxpayers will probably never recoup all - or even close to all - of the $67 billion that the Treasury Department lent to General Motors and Chrysler in the last year to prevent their collapse. (more) U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
Auto Sales Stabilize in October
Auto Sales Stabilize in October
blog.ockhamresearch.com — “…And GM really making real progress with the SUV’s. I mean, I have got to tell you, they have really come alive in that segment, they now lead Ford in that segment.  Other winners just looking at everybody, not just GM, Cadillac is up. Ford Taurus sales up 41%. ... (more) Auto Sales Stabilize in October
Automotive News -- In-depth coverage of the automotive industry
autonews.com — Buick hopes Regal revives Buick's performance pedigree Can Buick capitalize on its performance history from over a generation ago? That's the intent of the 2011 Regal, a German-assembled, front-drive sedan that is essentially a rebadged five-passenger ... (more) Automotive News -- In-depth coverage of the automotive ...