Ed Whitacre

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Latest blogosphere posts tagged “Ed Whitacre”

  • Berlin To Whitacre: You Are Beyond Salvage


    Car Reviews & Car Buying BlogAuthority Authority: 458
    An uncouth interview, given by GM Chairman Ed Whitacre to the German newspaper Muenchner Merkur at the sidelines of an event at the Texas Lutheran University, has shut the doors on any donations Berlin may make to Opel’s cause. Aus. Vorbei. “I think we won’t be needing money from your government for Opel,” ...
    2 days ago
  • TARP Watchdog Reiterates: Billions Loaned to Automakers Likely Lost


    Auto ObserverAuthority Authority: 618
    Top executives at General Motors Co. and Chrysler LLC have both gone out of their way in the past week to say their once-bankrupt companies are positioning themselves to pay back the tens of billions of dollars loaned to them by the federal government. The man charged with overseeing the U.S. Dept. of Treasury ...
    2 days ago
  • Pay Czar Removes Salary Cap for GM’s New Hires; Who Is GM’s $500k Man?


    Car Reviews & Car Buying BlogAuthority Authority: 458
    Automotive News [sub] reports that President Obama’s Pay Czar has done an about face. Kenneth Feinberg pledged to remove the $500,000 salary cap for NEW executives hired for TARP-recipients—if he’s convinced that a rule-busting pay boost would help the bailout queens return U.S. taxpayer’s money. Feinberg’s ...
    2 days ago
  • Quote Of The Day: The Five Billion Dollar Question Edition


    Car Reviews & Car Buying BlogAuthority Authority: 458
    The catalyst for all this was the EU saying you only made the money available to one investor. The board did what they should have done and revisited the issue… It’s been a confusing decision, but I don’t think it was handled badly. The circumstances changed from the time this started. The financial part of ...
    4 days ago
  • GM to Repay Taxpayers. Definitely. Maybe.


    The Big MoneyAuthority Authority: 712
    General Motors’ Chairman, Ed Whitacre, said yesterday that GM plans to pay back the government loans it accepted during its bailout/bankruptcy, contradicting a GAO report that maintained GM will never be able to return those taxpayers funds. On the one hand, GM seems to be doing better than anyone expected. Its ...
    4 days ago
  • Episode 269 – VW Passes Toyota, No IPO For GM Next Year, Woman Finally Gets License


    John's JournalAuthority Authority: 130
    Runtime 7:42 Volkswagen has overtaken Toyota as the number-one automaker in the world. GM’s chairman Ed Whitacre doubts the company can go public next year, even though management has been saying it would. A woman in South Korea gets her drivers license…after 950 tries. All that and more, plus John answers ...
    4 days ago
  • GM Chairman Asks U.S. To Pay Auto Execs More Money [Carpocalypse]


    JalopnikAuthority Authority: 733
    We made fun of GM Chairman Whitacres speech yesterday in Seguin, imploring him to make some news. He did. He asked for the Feds to help out (other than by providing billions of taxpayer dollars) by modifying executive pay caps. Here is what he said, specifically, about the $500K limit on executive pay according ...
    4 days ago
  • GMs Whitacre: A Sense of Urgency to Repay Taxpayer Money


    Auto ObserverAuthority Authority: 618
    General Motors has made remarkable strides since emerging from bankruptcy July 10 and is "better positioned for success than I thought was possible" then, said Ed Whitacre in his first public speech since becoming GM chairman in July. "Were getting into a fighting shape. We have a long way to go, but ...
    5 days ago
  • GM’s Whitacre: A Sense of Urgency to Repay Taxpayer Money


    Car Reviews & Car Buying BlogAuthority Authority: 458
    General Motors has
    5 days ago
  • Ed Whitacre: GM Chairman, Shameless Self-Promoter [Carpocalypse]


    JalopnikAuthority Authority: 733
    GMs new chairman Ed Whitacre first made a splash pointlessly starring in a new GM commercial . Now GMs been forced to send out a release about an unimportant speech the Chief Self-Promotional Officers giving at Texas Lutheran University. How do we know its not an important speech? Its at Texas Lutheran University ...
    5 days ago
  • GM yanks back Opel, jerks around German government


    BizmologyAuthority Authority: 125
    Fritz Henderson, the president and CEO of General Motors , flew to Germany this week to follow up on GM’s surprising — nay, shocking — decision to take Adam Opel and Vauxhall Motors off the auction block, just weeks after designating Magna International and Sberbank as the preferred bidders for majority ...
    5 days ago
  • The secret lives of auto executives


    Summit NotebookAuthority Authority: 499
    Ed Whitacre sneaks off to breakfast at a Detroit greasy spoon. Sergio Marchionne’s attention to detail extends to the condition of his factories’ bathrooms. And Bill Ford helped save his great-grandfather’s company by hocking the blue oval.  These are just a few of the glimmers of top Detroit auto ...
    1 week ago
  • Manufacturers Offer Richest Incentives Since Cash for Clunkers


    Auto ObserverAuthority Authority: 618
    After dismal September car sales due to the hangover from the governments Cash for Clunkers program, auto manufacturers have ramped up incentives in October as they have ramped up production to refill the inventory pipeline, according to Edmunds.com. The incentives show manufacturers are extremely eager to ...
    3 weeks ago
  • "New" GM Goes on the Offense with Quarterback Lutz


    Car Reviews & Car Buying BlogAuthority Authority: 458
    Expect the “new” General Motors to play offense when it comes to marketing and communications, Bob Lutz, GMs chief marketing quarterback, told the media Tuesday. “We have to shock Americans into a new awareness about the competitiveness of GM products,” Lutz said. “We cant do it the way we used to do it by ...
    4 weeks ago
  • GM Decides To Walk The Walk


    DERRICH.com - crude, yet refinedAuthority Authority: 103
    By now you’ve seen the commercials featuring GM Chairman Ed Whitacre proclaim “…may the best car win”. During last month’s GM conference call, former vice-chairman Bob Lutz, issued another challenge: “If you own a car comparable to the Cadillac CTS-V (a 4-door production stock sport sedan) and you want to ...
    4 weeks ago

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