By the time GM goes public, many taxpayers will be ticked off about how the company is being run. That's understandable given the nature of the federal bail out. Now those people need to realize GM is a company working towards independence and towards making choices they may not like.
Here's something to think about: a Chinese company taking a stake in General Motors. Does it scare you? Or does the idea leave you shrugging your shoulders and saying, "so what?"
After 3 years of planning, building and testing their are three teams splitting $10 million in Progressive Insurance Automotive X Prize competition. They all won by achieving a goal many consider a pipe dream: getting 100 miles per gallon, or the equivalent of that for the electric vehicles.
How long it takes for the government to divest its holdings in General Motors will, in part, be determined by the company’s success, G.M.’s chief executive said. The New York Times reports.
For years, Ethan Eyler has worked in product marketing in San Francisco, creating websites and ad campaigns for online games and music. He's always had a long commute. One day, when he was especially bored in traffic, he stared at the car in the rear view mirror and thought, "You know, that car would be funny if it had a mustache."
Edward E. Whitacre Jr. has looked forward to the day the carmaker would no longer be under government ownership, but thinks a public offering requires a long-term leader. The New York Times reports.
Here's why you should keep a close eye on these six stocks.
"I want us on the balls of our feet." That comment from GM CEO Dan Akerson is the clearest indication the new leader at GM wants his company to move faster, be more aggressive, and win.
Interbrand’s Best Global Brands 2010 study has just been released and it shows the last two year’s recessionary market has significantly impacted the relationship between brands and customers.
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CEO Alan Mulally has engineered “the greatest comeback story of a generation,” Cramer said. But how do you trade it?
By day, hundreds of General Motors workers make pistons and other engine parts at a factory on this city’s east side. By night, gangs of thieves have repeatedly looted empty G.M. plants on the same property, and have twice fired shots at security guards.
OnStar is pushing to find more ways for subscribers to stay connected while behind the wheel. For example, GM is working on a feature that will allow drivers to use OnStar to update their social network sites safely while out and about in their car.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
CEO Dave Cote on the secret to this company's success.
This week, as everyone talks about what went wrong at Lehman Brothers; think instead about what went wrong with Japan.
Corporations that are flush with cash represent the best buys for investors now, a Deutsche Bank banker told CNBC Monday.
With this being the autumn of the electric car ramp up, the skeptics scoff at all the lithium-ion battery plants and assembly lines firing up around the country. The naysayers think there will be too much capacity and too little demand. A123 CEO Dave Vieau sees it far differently.
Plus, get calls on automakers and the high-end shoe biz.
With the hype and the hope building for the roll out of electric cars this fall, there is a comment I'm hearing more and more from people as I travel around the country and it goes something like this, "That's nice. Tell me when they are a big deal."