Do It For Me, Matchbox Man
From the fireworks in DC this week, you might think the auto crisis is out of your hands, but we're all complicit: government, CEOs, autoworkers, the public.
From the fireworks in DC this week, you might think the auto crisis is out of your hands, but we're all complicit: government, CEOs, autoworkers, the public.
AP | KEN THOMAS | Posted 11.21.2008 | Business
WASHINGTON — Democratic leaders began laying out conditions Friday that they say Detroit's Big Three automakers need to meet before Congress wil...
Andrew Winston | Posted 11.20.2008 | Business
We're seeing an amazing act of willful ignorance here. The predicament that Detroit has found itself in is an American business tragedy. Let's not make it worse by lying to ourselves.
Huffington Post | Posted 11.20.2008 | Business
The CEOs of the nation's biggest three automakers flew to Washington DC yesterday to make their case before congress that the auto industry is despera...
Steve Parker | Posted 11.19.2008 | Business
This week's bailout hearing signaled what looks like the ultimate day of reckoning for this country's once-great and world-dominating car making industry. All Americans are tired of the excuses.
ABC News | Posted 11.19.2008 | Business
The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto i...
Diane Tucker | Posted 11.18.2008 | Business
"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."
Steve Parker | Posted 11.15.2008 | Business
Most Americans think you have brought this disaster upon yourselves, with inferior, irrelevant products the past 35 years.
AP | JULIE HIRSCHFELD DAVIS | Posted 11.13.2008 | Business
WASHINGTON — The auto industry and business groups mounted a lobbying onslaught Thursday to thwart GOP opposition to a Senate vote next week on ...
New York Times | Andrew Ross Sorkin | Posted 10.28.2008 | Business
Is General Motors too big to fail? Rick Wagoner would sure like us to think so. Mr. Wagoner, the chief executive of the ailing automotive giant, spen...
CNBC | Phil LeBeau | Posted 10.09.2008 | Business
If you are GM CEO Rick Wagoner, what do you do? The man in the top job at the struggling automaker is pulling every move possible to keep his company ...
Steve Parker | Posted 09.27.2008 | Business
An observation, or two: Last week, General Motors rolled-out the latest version of their plug-in gas/electric hybrid Chevrolet Volt for the corporati...
AutoblogGreen | Sam Abuelsamid | Posted 09.25.2008 | Business
At an event in Flint MI today, GM CEO Rick Wagoner and Michigan governor Jennifer Granholm were on hand to officially announce that GM will be buildin...
Steve Parker | Posted 09.18.2008 | Green
Today's Detroit News newspaper reports that, because big investment banks such as Goldman Sachs and JPMorgan Chase own huge amounts of GM and Ford cor...
Henry Blodget | Posted 08.07.2008 | Business
In the past three and a half years, GM has lost more than $67 billion. CEO Rick Wagoner has presided over all of this value destruction.
Andrew Winston | Posted 07.29.2008 | Business
Toyota did look forward years ago, asked what an environmental version of its product should look like, and made it a reality.
Steve Parker | Posted 07.21.2008 | Business
John McCain visited a GM factory and said if cars like the Volt, a plug-in gas/electric hybrid GM is developing, really do make it to market (still a question mark), "hundreds of thousands of jobs will be created." He's wrong.
Dan Treul | Posted 07.18.2008 | Home
"GM won't change anything until they have every operation overseas," says Danny. "This started back in the 1980s with Reagan... We know we're not going to get any help from McCain."
Wall Street Journal | Posted 07.14.2008 | Business
General Motors Corp. Chairman and Chief Executive Rick Wagoner plans to hold a news conference Tuesday morning to discuss actions the company is takin...
Jessica Jensen | Posted 06.06.2008 | Green
Dear Rick: we'd like to suggest you go a step further and acknowledge that the Hummer was an anachronistic tragedy whose time has come to disappear from the face of the Earth.
Fortune | Geoff Colvin | Posted 03.27.2008 | Business
Does Harvard Business School have a future? Its storied past will get extra attention when the school turns 100 years old on April 8. But in a fast-ch...
AP | TOM KRISHER | Posted 03.04.2008 | Business
DETROIT — General Motors Corp. says it expects to bring its first lithium-ion battery powered hybrid engine system to market in North America in...
AP | DEE-ANN DURBIN | Posted 02.12.2008 | Business
DETROIT — General Motors Corp., eager to lower wages and staunch the kinds of losses it saw in 2007, said Tuesday it is offering a new round of ...
AP | DEE-ANN DURBIN | Posted 02.12.2008 | Business
DETROIT — General Motors Corp. reported a $38.7 billion loss for 2007 on Tuesday, the largest annual loss ever for an automotive company, and sa...
Fortune's Stanley Bing | Posted 02.11.2008 | Business
It seems impossible to describe the current business environment without using the word "headwinds".
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Logan Nakyanzi Pollard | Posted 11.21.2008 | Business