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For the first time since the Great Depression, General Motors cannot call itself the world's largest automaker. Its sales fell behind Toyota in 2008, a year when GM celebrated its 100th anniversary and narrowly avoided a bankruptcy filing amid a significant downturn in the economy. ...more
January 22, 2009
Mark Dominik came to the Tampa Bay Buccaneers 14 years ago for what was basically a tryout. At least that's how Rich McKay, the general manager at the time, remembers things. ...more
January 18, 2009
GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid. ...more
January 3, 2009
$30 billion GMAC's goal for capital, the majority of which would come from the exchange of debt ...more
December 28, 2008
Everyone has an opinion why the big three automakers are almost bankrupt. To those who think factory workers are overpaid and take the corporate CEO side, you are way off base and wrong. Working class people in factories and other grunt jobs have always been the backbone of this country. Those jobs in the factory were not isolated or held for a chosen few. The only requirement was a high school education, which was often waived, and to pass a physical. ...more
December 18, 2008
In response to Mr. Parks letter, who responded to Mr. McAllister concerning wages at GM. What I don't know is: Who Mr. Parks is, what he does for a living and what he is paid for his contribution to society? What I do know is, after reading his tirade, he is paid a whole lot more than he deserves. ...more
December 14, 2008
I come from a long line of GM people and I am a little weary of reading and hearing on television about GM's Chrysler's and Ford's workers being paid $75 an hour. Where are these people getting this? Even if you factor in benefits, it isn't anywhere near that amount. ...more
December 13, 2008
General Motors Corp. said Friday that it will temporarily close 20 factories across North America and make sweeping cuts to its vehicle production as it tries to adjust to dramatically weaker automobile demand. ...more
December 13, 2008
Reality, Not Fantasy America would be a better nation if it cared more about the "players" who run for office instead of the players running with footballs! ...more
December 13, 2008
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