Economy
New Day Dawns For General Motors
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Monday, July 20, 2009
World
Despite Woes In U.S., GM Thrives Abroad
July 20, 2009 General Motors has had a rough few months, filing for bankruptcy and restructuring. But many of the U.S. auto giant's international operations are posting strong gains. In Latin America, brand recognition and price are key factors contributing to GM's success.
Wednesday, July 15, 2009
Economy
Skeletons Of The Auto Industry Linger Across U.S.
July 15, 2009 In all, 21 Chrysler and General Motors plants will be closed permanently or idled over the next few years. In addition to the loss of thousands of jobs, the closures can mean a substantial drop in tax revenue for affected communities. Some cities converted the vacant auto plants into other businesses in an attempt to reinvent their economies.
Friday, July 10, 2009
Business
Recession Blocks GM's Road To Profitability
July 10, 2009 General Motors has emerged from bankruptcy with its eye on regaining the trust and the dollars of the American consumer. But Bob Lutz, GM's vice chairman, says the automaker can only hope to break even in this economy.
Business
A 'New' GM Emerges From Bankruptcy
July 10, 2009 The new General Motors will be far faster and more responsive to customers than the old one, and it will make money and repay government loans faster than required, CEO Fritz Henderson said Friday as the company emerged from bankruptcy protection.
Tuesday, July 07, 2009
Business
Once A Punch Line, Hyundai Racks Up Sales, Awards
July 7, 2009 As Toyota struggles, its Asian neighbor and rival Hyundai is on a roll. Once the butt of jokes, the Korean carmaker is racking up awards — and taking a bigger share of the American auto market in the middle of a deep recession.
Business
Toyota Takes Aim At U.S. Sales Slump With Prius
July 7, 2009 Toyota's U.S. sales fell by more than 30 percent in June, and for the third month in a row Ford sold more vehicles than Toyota. To deal with the challenges, Toyota has selected a new president. Akio Toyoda, the grandson of the automaker's founder, is just 53.
Monday, July 06, 2009
Thursday, June 18, 2009
Business
Government Stake In GM Creates Complications
June 18, 2009 When President Obama announced that the government would own 60 percent of General Motors, he said the company's executives would still call the shots. But lawmakers have lobbied the White House and GM over a range of issues.
Friday, June 12, 2009
Thursday, June 11, 2009
Business
GM Seeks To Overcome Perceptions On The Coasts
June 11, 2009 Beyond bankruptcy, General Motors has a significant problem in this country. It has to do with culture, demographics and perception. The automaker's market share continues to decline nationwide. But it really struggles on the coasts — with affluent and influential consumers. The company is determined to change that.
Tuesday, June 09, 2009
Friday, June 05, 2009
Thursday, June 04, 2009
Wednesday, June 03, 2009
Business
Despite Relative Strength, Ford Faces Challenges
June 3, 2009 Ford Motor Co. has managed to survive without getting billions of dollars in help from the federal government and without heading to bankruptcy court. Although its position could help win over new customers, it could also put the automaker at a disadvantage.
