Posts tagged as:
by Chris Sawyer on October 1, 2009
The collapse of the agreement for GM to sell its Saturn division to Roger Penske isn’t a tremendous surprise. That deal was based upon Penske finding a replacement vehicle supplier once GM quit building the current Saturn lineup in 2011. Renault Samsung Motors was slated to provide some of these vehicles (rumors had Penske looking [...]
Tagged as: Carlos Ghosn, China, Chinese automakers, Dodge Ram, EV-1, GM, GMC, Machiavelli, Nissan, Nissan Titan, Oldsmobile, Opel Vectra, Pontiac Fiero, Renault, Renault Samsung Motors, Renault-Nissan, Roger Penske, Roger Smith, Saab, Saturn, Saturn Astra, Saturn Aura, Saturn Outlook, Seoul, Spring Hill, Tennessee, UAW
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by Chris Sawyer on June 5, 2009
Back in the days when Roger Smith was GM’s chairman and meddling in every aspect of the corporation (he invented Saturn out of thin air, revamped the divisional structure, and generally made a mess of the organization), he saw the need to rehire the laid off workers once the reorganization was complete and the economy [...]
Tagged as: Barney Frank, Boston Globe, Chrysler, Corporate Average Fuel Economy standards, Dave Bing, Ford, Fritz Henderson, House Financial Services Committee, Jobs Bank, Massachusetts, President Obama, Roger Smith, Saturn, The Godfather, UAW
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by Chris Sawyer on April 27, 2009
You could almost hear Burt Reynolds cry as GM CEO Fritz Henderson announced the death of the Pontiac division as part of GM’s latest restructuring plan. The announcement ended all speculation about the future of Pontiac, the chances for a Firebird version of the Camaro, and an end to any chances for a remake of [...]
Tagged as: Auquavit, Barrett-Jackson auction, Cadillac CTS-V, Camaro, Cap-and-Trade, Card Check, Chevrolet, Corvette Z06, Corvette ZR1, Ed Begley, EPA, EV1, Firebird, Fritz Henderson, General Motors, George Soros, GM, Henry Waxman, Hummer, Jr., Knight Rider, Nancy Pelosi, nationalization, Pontiac, Pontiac G8 GXP, Pontiac Solstice, Saab, Saturn, Saturn Aura, Saturn Outlook, Saturn Sky, UAW, United Auto Workers, VEBA
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by Chris Sawyer on March 31, 2009
No matter where you come down on President Obama “firing” Rick Wagoner (I think it sets a terrible precedent), the sad fact is that Wagoner had to go. A tall and very polite man, Wagoner could not – would not – face the problems facing General Motors in the U.S. head-on. In this, however, he [...]
Tagged as: Alan Mullaly, Buick, Cadillac, Chevrolet, China, Chrysler, Daewoo, Fiat, Ford, Fritz Henderson, General Motors, GM, Pontiac, President Obama, Richard Nixon, Rick Wagoner, Saab, Saturn, Subaru
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