GM reacts to ignition switch recall investigation
byThe findings of the investigation into GM’s Cobalt ignition switch recall are out – and they are not kind. Almost immediately after receiving the…
General Motors
Government loss on GM bailout reaches $11.2 billion
byThe money that the U.S. government lost on their GM bailout just keeps escalating. In December it was estimated by the Treasury Department that…
U.S. Gov sells final GM shares; taxpayers to cover $10 billion
byOn Monday, the United States government’s 2009 bailout of General Motors officially came to an end. The government sold its final shares in the…
General Motors and Ford partner to develop advanced transmissions
byTwo fiercely competitive automakers deciding to join forces at the most critical stage of developing new products – research and development – seems unlikely….
