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GM and Deloitte settle shareholder lawsuit
August 9, 2008
From Los Angeles TimesGeneral Motors Corp. and its auditor have agreed to pay $303 million to settle claims that the automaker misled shareholders about its finances... more
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Lexus tops vehicle dependability study
August 8, 2008
From Los Angeles TimesLexus once again stands alone atop a closely watched ranking of vehicle dependability after Buick slipped from the No. 1 spot it shared with... more
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GM board affirms support for Wagoner
| August 7, 2008
From Los Angeles TimesAmid rising concern about the company's outlook, General Motors Corp. directors took the unusual step of affirming support for Chief Executive... more
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Will GM woes hit the executive suite?
With rumors of discontent among the General Motors Corp. brass swirling, George M.C. Fisher, head of GM's directors and corporate governance... more
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GM reports massive $15.5-billion loss in second quarter
| August 2, 2008
From Los Angeles TimesHit by tumbling U.S. auto sales and turmoil in its financing business, General Motors Corp. reported a $15.5-billion second-quarter loss today... more
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Carmakers still on road to grim year
| August 2, 2008
From Los Angeles TimesA 25% decline in sales of light trucks and sport utility vehicles in July dragged the auto industry to one of its weakest months on record... more
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Hummer hatred becomes a social movement
General Motors said today that it was in talks with unnamed parties to sell its Hummer brand. Reports suggest that those bidders are in India... more
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General Motors posts $15.5-billion quarterly loss
August 1, 2008
From Los Angeles TimesGeneral Motors Corp. said Friday its losses widened to $15.5 billion in the second quarter as North American sales plummeted and the company... more
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GM to cut about 5,100 salaried jobs
July 31, 2008
From Los Angeles TimesGeneral Motors Corp. plans to cut 15% of its U.S. and Canadian salaried workforce -- or about 5,100 jobs -- by Nov. 1 as part of a plan to... more
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Toyota takes driver's seat in sales
| July 24, 2008
From Los Angeles TimesIn what's shaping up to be the automotive equivalent of Ali-Frazier, Toyota is yet again threatening to defeat General Motors in the fight... more
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GM plots a course for survival
| July 16, 2008
From Los Angeles TimesShort on cash and facing bankruptcy rumors, General Motors Corp. said Tuesday that it would suspend its dividend, sell assets worth as much... more
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Pay-as-you-drive policies gaining mileage in state
| July 15, 2008
From Los Angeles TimesAn alliance of insurance companies and environmentalists wants to bring a new kind of mileage-based auto insurance to California and charge... more
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GM chief is likely to detail more cuts
July 15, 2008
From Los Angeles TimesGeneral Motors Corp. is expected to cut several thousand salaried jobs and further slash truck production in response to falling U.S. sales... more
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GM said to be weighing cuts
July 8, 2008
From Los Angeles TimesGeneral Motors Corp. may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job... more
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Can the Chevrolet Beat drum up sales for GM?
Here’s a morbidly interesting fact: General Motors’ stock price has hit its lowest point since the Eisenhower administration. Looks like the... more
