GM Bankruptcy

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Latest blogosphere posts tagged “GM Bankruptcy”

• Obama Administration Calls Market Top: Seeks Fast-Track GM IPO

  
  zero hedge — Authority: 755
  Taking a card from the Private Equity deck, the Obama Administration has indicated that it wants to fast-track the Initial Public Offering of General Motors. Bloom said the U.S. government, which now holds a nearly 61-percent stake in GM, wanted to "err on the side of getting out a little faster" from the ...
  1 week ago

• Will the Aztek lead GM into the future?

  
  Money employment & careers - money-employment.marc8.com — Authority: 151
  The midsized crossover was reviled as one of the worst cars of all time. But it represents the kind of risk-taking GM needs as it emerges from bankruptcy.
  1 week ago

• GM reports $1.2B loss, says it shows progress

  
  Business Finance & Economy - business.marc8.com — Authority: 166
  General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept.
  2 weeks ago

• GM Announces It Will Pay Back Gov’t Loan … With Gov’t Money

  
  Stupidica — Authority: 176
  GM will be begin paying back the TARP money in December, the company announced this morning. It’s a statement in need of a little context. Basically, GM will be using a portion of its $50 billion in TARP bailout money it received to in turn repay another portion of the TARP loans. The reason GM can do this is because ...
  2 weeks ago

• GM will start paying back loans next month

  
  George S. May Business Blog — Authority: 131
  General Motors will announce later today its plans to begin repayment of their $6.7 billion dollar loan from the government. Starting next month, they will pay $1 billion each quarter until the full sum is paid.The Washington Post made a good point, however, in that the amount the government gets back from GM depends ...
  2 weeks ago

• GM says it lost $1.2B post-bankruptcy exit

  
  Business 2.0 Press — Authority: 122
  GM said today the company is turning the business around after posting only a $1.2B loss after emerging from bankruptcy General Motors announced today that it has lost $1.2 billion since emerging from bankruptcy protection through September 30, 2009. The company says the number is far better than expected and that ...
  2 weeks ago

• GM to Start Repaying Government Loan Next Month

  
  KickingTires — Authority: 556
  In a surprising but welcome turn, GM will begin repaying its debt to the U.S. government next month, which is years ahead of schedule. Despite posting a $1.15 billion third-quarter loss , the automaker has performed better than expected after cutting costs and moving through bankruptcy faster than expected. It ...
  2 weeks ago

• GM to release its first earnings statement since emerging from bankruptcy

  
  Car news, Car reviews, Spy shots and Videos - 4wheelsnews.com — Authority: 524
  All eyes will be on General Motors Co. on Nov. 16 as it releases its first earnings statement since it emerged from bankruptcy on July 10. GM spent exactly 39 days in federal bankruptcy protection. GM has been operating on $50 billion in government loans. Continued after the jump!At the press briefing on Nov. 5, [...]
  2 weeks ago

• Give Me That Old Time Recession

  
  Incentives Matter — Authority: 129
  Merle Hazard and the Hazardaires ask for that "Old Time Recession" (HT Mankiw ), those happier times when at least we were left with a few good reasons to rejoice... Enjoy!
  2 weeks ago

• GM Could Repay Some Bailout Money in 09

  
  KickingTires — Authority: 556
  After a strong October, there is a chance that GM may repay some of its $50 billion in government bankruptcy aid before the end of 2009, according to Chairman of the Board Ed Whitacre (above). Although Whitacre declined to name an actual figure, the possibility of even a modest loan repayment could help GM’s image. ...
  2 weeks ago

• COMMENTARY: Good News Turns Bad for Ford

  
  Auto Observer — Authority: 565
  Too much good news is turning out to be a bad thing for Ford Motor Co. The good news apparently has convinced members of the United Auto Workers union that things are hunky- dory at Ford, and theres no reason for them to give the automaker the same concessions competitors General Motors and Chrysler got ...
  4 weeks ago

• Former Chrysler Sells Delaware Durango Plant; GM Sells Its Delaware Plant

  
  Auto Observer — Authority: 565
  The state of Delaware was the scene of some historic and trend-setting events this week, as the "old" business entities of General Motors Co. and Chrysler Group LLC both sold cast-off assembly plants as the companies as part of the companies rapid downsizing. The site of Chryslers assembly plant in Newark will be ...
  4 weeks ago

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