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Archive for the ‘general motors’ Category

Dealers End Cash for Clunkers BEFORE Government

Friday, August 21st, 2009

Some surveys suggest that two-thirds of all dealers that are enrolled in the Cash for Clunkers program are still waiting for their first disbursement from the government.

Obama Motors

Friday, July 10th, 2009

Since the US of A is the largest investor in General Motors, and has controlling interest of the company, do we have anything to worry about now that GM just got out of bankruptcy?
The local, county, state, and federal governments all buy a lot of vehicles. When was the last time you saw a police [...]

GM to File for Bankruptcy

Saturday, May 30th, 2009

According to several sources, General Motors will be filing for Chapter 11 Bankruptcy as soon as Monday, June 1st, 2009

GM to Close Thousands of Dealerships

Tuesday, April 28th, 2009

Lots of employees at GM Dealers are looking for work as GM gets ready to close the doors on thousands of dealerships.

How to Fix Detroit

Friday, November 21st, 2008

I saw the melt down in Detroit coming years ago. I think it was 2005 that I read an article that pointed out that GM had to spend around $2000 on every vehicle sold just to pay for the pensions and benefits of retirees. GM sold a lot more cars in 2005, and they have more retirees today. Is GM selling half the vehicles today? Wouldn’t that mean that they have to calculate closer to $4000 per vehicle for those expenses?

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