Cars
Bowing over to the harsh criticism from Congress for the use of corporate jets, GM is following in the footsteps of Ford that announced the sale of its five corporate jets in its new business plan. In a statement issued today, GM said that it will cease operations at General Motors Air Transportation Services (GMATS) at Detroit Metro Airport. "Due to significant cutbacks over the past months, GM travel volume no longer justifies a dedicated corporate aircraft operation.GM is currently exploring options for transferring its aircraft to another operator. The company is pursuing sale of four of the aircraft so it can terminate the leases," said GM in a statement.
- D'oh! Gm Eliminates Remaining Corporate Jet Fleet
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- Obama Administration Ousts Rick Wagoner From Gm, Fritz Henderson New Ceo
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- Gm To Cut Production At Four North American Plants And Lay Off 2,000 Workers
At the same time that General Motors CEO Rick Wagoner is making a case for the emergency bailout loan in Washington DC, the automaker announced that it will cut down production at four of its North American plants and as a result, lay off an additional...
- Congress To Detroit's Big 3: "show Us A Plan And We'll Show You The Money"
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- Gm Boss Rick Wagoner Reportedly Resigns
General Motors boss Rick Wagoner is apparently stepping down as of... now. So says a source of the Associated Press. The Good Car Guy learned of this through a CTV.ca article posted minutes ago. Reports also surfaced today that the Obama administration...
Cars
GM Ceases Corporate Jet Operations, Wagoner Will Drive a Malibu to DC...
Bowing over to the harsh criticism from Congress for the use of corporate jets, GM is following in the footsteps of Ford that announced the sale of its five corporate jets in its new business plan. In a statement issued today, GM said that it will cease operations at General Motors Air Transportation Services (GMATS) at Detroit Metro Airport. "Due to significant cutbacks over the past months, GM travel volume no longer justifies a dedicated corporate aircraft operation.GM is currently exploring options for transferring its aircraft to another operator. The company is pursuing sale of four of the aircraft so it can terminate the leases," said GM in a statement.Moreover, General Motors Corp. spokesman Tony Cervone announced today that GM CEO Rick Wagoner has chosen to drive to Washington for a Congress hearing later this week on the proposed auto bailout. Wagoner will perform the 519-mile trip from Detroit to Capitol Hill in a Chevrolet Malibu hybrid sedan. According to Google maps, it will take Wagoner approximately 8 hours and 50 minutes to travel from GM's HQ in Detroit to Washington DC.
- D'oh! Gm Eliminates Remaining Corporate Jet Fleet
You might remember the fuss that was created last November after it was revealed that Detroit's Big Three CEOs flew into Washington to ask Congress for a few billion dollars in loans on separate luxury jets. Well, the "New GM" won't have any jets...
- Obama Administration Ousts Rick Wagoner From Gm, Fritz Henderson New Ceo
General Motors Chairman and CEO Rick Wagoner has stepped down from his position at the request of President Barack Obama and his administration ending an eight year term at the helm of the company. The U.S. automaker announced that Wagoner will be replaced...
- Gm To Cut Production At Four North American Plants And Lay Off 2,000 Workers
At the same time that General Motors CEO Rick Wagoner is making a case for the emergency bailout loan in Washington DC, the automaker announced that it will cut down production at four of its North American plants and as a result, lay off an additional...
- Congress To Detroit's Big 3: "show Us A Plan And We'll Show You The Money"
The U.S. Congress temporarily shut the door to Detroit's Big Three automakers request for a $25 billion emergency loan saying company CEOs have yet to make a case for the aid. Democratic leaders told General Motors, Ford and Chrysler LLC to "get their...
- Gm Boss Rick Wagoner Reportedly Resigns
General Motors boss Rick Wagoner is apparently stepping down as of... now. So says a source of the Associated Press. The Good Car Guy learned of this through a CTV.ca article posted minutes ago. Reports also surfaced today that the Obama administration...