June 5, 2014<June 5, 2014 GM reacts to ignition switch recall investigation by Slav Kandyba The findings of the investigation into GM’s Cobalt ignition switch recall are out – and they are not kind. Almost immediately after receiving the…
April 30, 2014<May 5, 2014 Government loss on GM bailout reaches $11.2 billion by Brady Klopfer The money that the U.S. government lost on their GM bailout just keeps escalating. In December it was estimated by the Treasury Department that…
December 9, 2013<April 2, 2014 U.S. Gov sells final GM shares; taxpayers to cover $10 billion by Brady Klopfer On Monday, the United States government’s 2009 bailout of General Motors officially came to an end. The government sold its final shares in the…
April 14, 2013<July 3, 2014 General Motors and Ford partner to develop advanced transmissions by Slav Kandyba Two fiercely competitive automakers deciding to join forces at the most critical stage of developing new products – research and development – seems unlikely….