Posts Tagged with automotive industry

G.M.’s Volt to Provide a Much Needed Spark

After its brief but highly publicized 40-day bankruptcy, General Motors has announced its new line of vehicles for 2010, with much of the emphasis centered around a new plug-in electric vehicle aptly titled the “Volt”. After shutting down the Pontiac and Hummer brands and closing a substantial number of dealerships to cut overhead, G.M. has [...]

Cash-for-Clunkers Program Looks for an Extension

As of yesterday, it looked as if the ambitious, green-leaning rebate program for new car shoppers would be halted on reports that the $1 billion allocated had been used up three months before it was scheduled to expire. Dealers reported huge backlogs of consumers who had registered for the rebate, which allows for $3,500 for [...]

Bidding for Opel Heats Up

GM’s exit from bankruptcy last week represents a reprieve for the company and a rare second chance to head the company in a new direction. With a shake up of the corporate leadership, including the elimination of the former head of North American operations, Troy Clarke (CEO Fritz Henderson will assume his responsibilities), the company [...]

Filed under: Business, News on July 14th, 2009 @ 12:57 pm

Tagged with: , , ,

Recent posts

1

‘Younger than Moses: Idle Worship’ is an art exhibit featuring 22 artists in New York.

As part of the European Project FP7 research called “Integrated System for Transport Infastructures Surveillance and Monitoring by Electromagnetic Sensing,” a team of researchers had been gathered from the countries of Israel, Italy, France, Sweden, Norway, Switzerland and Romania.