Scoopful of GM news – April 22, 2009: Opel weds Fiat? Deep Cuts & Closures, Summer Vacation?, Case for Opel-Fiat Merger, Explaining to New YorkHipsters, Pontiac’s Obituary
GM ready to let Opel go for free?…GM, Earnings/Financials, OpelGeneral Motors wants out of Opel, and according to new reports, it is willing to let the German automaker go without receiving any money for it. The only requirement is that the buyer must inject €500 million (around $652M USD) into Opel for operations. While GM CEO Fritz Henderson has said there are six serious inve…
GM To Cut 190,000 Units, Shut 13 Plants, Some Permanently [Carpocalypse]
…GM to cut 190,000 units, shut 13 plants, some permanently… because of Delphi? [Freep]Jalopnik
…GM, Opel, FIAT, RumormillDespite Fiat SpA chairman Luca de Montezemolo (above) denying that his company is interested in purchasing General Motors’ Opel brand, a new report by The Wall Street Journal indicates that many investors and analysts apparently find the alleged tie-up to be “far more compelling” than Fiat’s proposed alliance with Chrysl…Autoblog
…Yorkers why GM‘s relevant cracks us up. Sadly, Choire’s been in New York long enough this may no longer be snark. [The Awl] Jalopnik
…GM, Earnings/FinancialsThis is what bringing a behemoth back down to the proper size looks like. General Motors is looking for every way to conserve its ever thinning supply of money, and while April sales were better, the overall picture is decidedly grim. In a move to conserve resources and hopefully help clear up any inventory buildups, AFP i…Autoblog
REPORT: Fiat to take stake in Opel. Fiat is the new overreaching automaker Tata? [AP]Jalopnik
Forbes -Neither the Subscriber nor Thomson Reuters warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and …
Edmunds.com/Inside Line – The company toyed with competing proposals to either turn the brand into GM’s version of Scion or to make Pontiac a very focused purveyor of performance …
(AP Online)…our expectation is we would not be placed at a disadvantage.” GMand Chrysler are surviving with federal government…
GM slashes summer production, cites Delphi risk
(Reuters)…States and Canada for as long as nine weeks, GM will cut production by 190,000 vehicles in the second and third…
(Reuters)…States and Canada for as long as nine weeks, GM will cut production by 190,000 vehicles in the second and third…
