Archive for the ‘General Motors’ Category

GM Adding New Dealerships, Frustrating Old Ones

GM Adding New Dealerships, Frustrating Old Ones

When Chrysler and GM underwent restructuring earlier this year, they took the opportunity to thin out their dealer networks. As you might recall, that resulted in substantial consternation among dealers, lobbying groups, and elected officials. But while threats of litigation and offers of mediation still hang in the air, there may be a glimmer of hope on the horizon -- at least for some of GM's eliminated dealers.

In late September, General Motors sent out a batch of RFPs -- requests for dealership proposals in markets where GM hopes to beef up its presence. While the RFPs weren't sent exclusively to terminated or shuttered GM dealers, it's...

When Chrysler and GM underwent restructuring earlier this year, they took the opportunity to thin out their dealer networks. As you might recall, that resulted in substantial consternation among dealers, lobbying groups, and elected officials. But while threats of litigation and offers of mediation still hang in the air, there may be a glimmer of hope on the horizon -- at least for some of GM's eliminated dealers. In late September, General Motors sent out a batch of RFPs -- requests for dealership proposals in markets where GM hopes to beef up its presence. While the RFPs weren't sent exclusively to terminated or shuttered GM dealers, it's... Read More

GM Chairman Ed Whitacre And The Salary Cap Flap

GM Chairman Ed Whitacre And The Salary Cap Flap

General Motors chairman Ed Whitacre isn't much of a wallflower -- but then, no one earns a resume like his by staying quiet. In keeping with his outspoken personality, yesterday Whitacre came out swinging against the $500,000 salary cap imposed by the U.S. government on executives at companies that accepted bailout dollars. You know, companies like GM.

Whitacre argues that the $500k cap is too low to attract talented executives to top-level positions. He points specifically to GM's CFO desk, which is currently occupied by Ray Young, although the board of directors wants Young to step down as soon as possible and to replace him with someone...

General Motors chairman Ed Whitacre isn't much of a wallflower -- but then, no one earns a resume like his by staying quiet. In keeping with his outspoken personality, yesterday Whitacre came out swinging against the $500,000 salary cap imposed by the U.S. government on executives at companies that accepted bailout dollars. You know, companies like GM. Whitacre argues that the $500k cap is too low to attract talented executives to top-level positions. He points specifically to GM's CFO desk, which is currently occupied by Ray Young, although the board of directors wants Young to step down as soon as possible and to replace him with someone... Read More

Chrysler Borrowing Fiat Tech, Infiniti Turns 20: Today’s Car News

Chrysler Borrowing Fiat Tech, Infiniti Turns 20: Today’s Car News

Chrysler will be borrowing Fiat’s powertrain technology to help make its future vehicles more fuel-efficient, including Mutliair valve technology and dual-clutch transmissions. [Detroit Free Press]

On November 8, 1989 Infiniti first opened up for business. Since its inception, Infiniti's goal has been to establish a new concept of automotive luxury and today the brand is sold in 35 countries around the world. [Motor Authority]

French automaker Renault has revived its iconic Gordini badge, which it plans to use for a new personalization program for its sporty hatchback models. Some of the items that will be on offer will include new...

Chrysler will be borrowing Fiat’s powertrain technology to help make its future vehicles more fuel-efficient, including Mutliair valve technology and dual-clutch transmissions. [Detroit Free Press] On November 8, 1989 Infiniti first opened up for business. Since its inception, Infiniti's goal has been to establish a new concept of automotive luxury and today the brand is sold in 35 countries around the world. [Motor Authority] French automaker Renault has revived its iconic Gordini badge, which it plans to use for a new personalization program for its sporty hatchback models. Some of the items that will be on offer will include new... Read More