Cars
The United States Congress wants specifics, General Motors plans to offer Congress specifics. Well, some specifics. With the emphasis on the Numbers, GoodCarBadCar.net has narrowed down GM's tentative plan for consumption.
- Gm Officially Announces Pontiac's Death, Saab, Hummer And Saturn To Be Gone By 2009
This is the end of the road for Pontiac as General Motors confirmed earlier media reports by officially announcing on Monday the death of the 83-year-old marque that will be phased out by the end of 2010. As part of its revised "Viability Plan" that accelerates...
- Breaking: Gm Issues Official Statement On Pontiac Death Rumors
General Motors decided to take action and issue an official statement in regards of news reports from Edmund's Insideline and Autonews saying that the automaker had decided to axe the Pontiac brand instead of keeping it as a 'specialty-marque'...
- Gm And Ford Offer New Hyundai-style Protection Plan For Buyers
...
- Ford, Gm And Chrysler Seek $6.8 Billion Government Loan From Canada
Having already appealed to the U.S. Congress for an emergency bailout, Detroit's Big Three are now stretching their hands across the border to Canada seeking billions of dollars in loans and credit lines. Ford Motor Company delivered its plan to the...
- Strictly Numerical - The Facts From A Potential Gm Bailout
That sound you hear throughout the day and into the night comes to your ears all the way from Detroit, Michigan. It's the sound of $46,296 per minute being flushed through General Motors' toilets. Time.com published some of their theories regarding...
Cars
GENERAL MOTORS PLAN FOR CONGRESS BY THE NUMBERS
The United States Congress wants specifics, General Motors plans to offer Congress specifics. Well, some specifics. With the emphasis on the Numbers, GoodCarBadCar.net has narrowed down GM's tentative plan for consumption.-----
3- brands to be sold, or killed, including Saab; Hummer; and Saturn
6,000,000,000- total money, in USD, requested in revolving credit form were unanticipated market changes to arise
4,700- total U.S. dealerships after a sharp reduction from the current 6,450
12,000,000,000- total money, in USD, General Motors is requesting in bridge loans, the type of loan that is typically short-term in lieu of finance rearrangement in the future, "with warrants issued as part of the loans" whereby taxpayers would "benefit from growth in the company's share price that might result from successful completion of the plan. Ha, "might".
30,000- potential job losses as a "workforce reduction" plan goes in to effect, taking the number of total GM employees from 96,000 to 65,000-75,000
4,000,000,000- total money, in USD, needed now for operating costs and to begin repaying loans
2012- year by which GM wants its wages and benefits to be fully competitive with the wages and benefits offered by Toyota
2,900,000,000- total money, in USD, to be invested in alternative fuels and advanced propulsion technologies from 2009-2012
12,500,000- total American vehicle sales volume at which General Motors would be able to compete successfully were the plan to take action
- Gm Officially Announces Pontiac's Death, Saab, Hummer And Saturn To Be Gone By 2009
This is the end of the road for Pontiac as General Motors confirmed earlier media reports by officially announcing on Monday the death of the 83-year-old marque that will be phased out by the end of 2010. As part of its revised "Viability Plan" that accelerates...
- Breaking: Gm Issues Official Statement On Pontiac Death Rumors
General Motors decided to take action and issue an official statement in regards of news reports from Edmund's Insideline and Autonews saying that the automaker had decided to axe the Pontiac brand instead of keeping it as a 'specialty-marque'...
- Gm And Ford Offer New Hyundai-style Protection Plan For Buyers
...
- Ford, Gm And Chrysler Seek $6.8 Billion Government Loan From Canada
Having already appealed to the U.S. Congress for an emergency bailout, Detroit's Big Three are now stretching their hands across the border to Canada seeking billions of dollars in loans and credit lines. Ford Motor Company delivered its plan to the...
- Strictly Numerical - The Facts From A Potential Gm Bailout
That sound you hear throughout the day and into the night comes to your ears all the way from Detroit, Michigan. It's the sound of $46,296 per minute being flushed through General Motors' toilets. Time.com published some of their theories regarding...