Let's be clear, Chris Liddell is not being hired JUST to be General Motors CFO. Sure, he'll get that title and hold that job for several months, but his future at GM will go way beyond overseeing the company's financial operations.
Stock index futures mostly held their ground and indicated a higher open, despite a report showing the economy grew at a much slower pace than thought in the third quarter.
Chris Liddell has made no secret of his ambitions to run a company. So in that respect, his departure from Microsoft last month as the company's first-ever outside Chief Financial Officer, a role he's played since 2005, wasn't much of a surprise. But his arrival at the CFO's job at General Motors is a bit of a surprise.
General Motors is naming Microsoft's Chris Liddell as its new chief financial officer. GM is going outside the company to replace current CFO Ray Young, who is being transferred to China
Though some progress has been made with electric and hybrid vehicles, battery technology remains deficient, especially for the critical long-haul segment of the business.
On a regular basis, I get e-mails from people saying we spend too much time focused on GM surviving, Ford being on a roll, or the development of electric cars.
Just two weeks left. Here’s what you do.
What must former GM Chairman and CEO Rick Wagoner be thinking? In less than a year most of what he built in his tenure as GM CEO and before that on the GM Board has been completely dismantled. The final piece coming today with current GM Chair and CEO Ed Whitacre announcing Saab will be wound down.
For A123 investors, it's been a nice two-day run. The stock is surging today after a 5% gain on Wednesday, as the U.S. battery maker announces a joint venture in China with SAIC Motor Corp.
The comments this week by Audi of America President Johan de Nysschen about President Obama's administration pushing electric cars is one that will no doubt get the attention of many in the auto industry.
General Motors plans to repay roughly $8 billion in debt to the United States and Canada by June, a faster payback of the first portion of its bailout than the automaker previously committed to make.
There are two types of emails I get about Ford: The first comes from those who think we don't give Chief Executive Alan Mulally and his team enough credit for the turn-around they are executing at the auto maker. I chuckle reading these...
The Dow ended higher Friday—even as the dollar gained strength. Consumer discretionary was a standout after reports showed retail sales rising and consumers' mood improving.
Stocks pared gains Friday afternoon as the dollar gained strength. Consumer discretionary was a standout after reports showed retail sales rising and consumers' mood improving.
Stocks opened higher Friday after a report showed consumer sentiment improved in early December and retail sales rose much more than expected last month.
Stock index futures added to gains Friday after economic reports showed stronger than expected retail sales in November while inflation remained tame.
Cramer interviews the CEO behind this ailing automaker’s miraculous turn.
The leadership changes at GM keep coming. The latest, two new people running Chevrolet as well as Buick/GMC are out.
Stocks rebounded Wednesday, as a weaker U.S. dollar gave a boost to commodities, sending materials stocks higher.
Volkswagen, the world's #3 automaker may not be a brand with much pull here in the U.S., but around the world it's flexing its muscle. In the last two days it has struck two deals that should go a long ways towards helping the German automaker eventually pass Toyota to become #1 in the world.