http://www.thegmsource.com/ The GM Source - GM News en_EN Copyright © 2005-2007 staff@thegmsource.com Sun, 14 Mar 2010 01:55:48 -0500 20 Subdreamer RSS Syndicator  Officially Official: GM NOT Using UAW Help In Volt Battery Plant TheGMSource - About a month ago we wrote about a tip that ran across our desk that suggested GM was opening its new Brownstown Township Volt battery plant without the help of the UAW. Today, that rumor became truth as the Detroit Free Press reported that GM is indeed going to open the plant without the help of the UAW, and the UAW may never be in the plant at all. http://www.thegmsource.com/index.php?categoryid=8&p2_articleid=1357 Josh E. Oliver GM Corporate News Sat, 13 Mar 2010 21:47:17 -0500  Mark Reuss Makes Major North American Management Changes TheGMSource - One thing has become increasingly clear since Ed Whitacre Jr., became GM\'s CEO. There\'s a great deal of pressure to either perform, or be replaced by somebody who will perform. Sort of how the saying goes "sh!t or get off the pot." Today we\'ve learned a few people have either gotten off the proverbial pot on their own or they were forced off.Not only were significant changes made today, but Mark Reuss, GM President North America declared that "this is my team" meaning he will bear the full brunt of any success or failure for GM North America. That has to be admired. http://www.thegmsource.com/index.php?categoryid=8&p2_articleid=1356 Josh E. Oliver GM Corporate News Tue, 02 Mar 2010 19:35:35 -0500  Ford Outsells GM For First Time Since 1998 TheGMSource - No need for us to cover the GM sales figures for the month as I\'m sure you\'ve already read about them on the Internet. However, Ford just released their sales figures and they are quite impressive to say the least. The company sold 43% more vehicles then February last year. This allowed Ford to outsell General Motors for the first time in more then a decade. http://www.thegmsource.com/index.php?categoryid=19&p2_articleid=1355 Josh E. Oliver Competition Tue, 02 Mar 2010 17:36:45 -0500  Bob Lutz Debating Retirement TheGMSource - The cigar smokin\', stock sellin\', helicopter flyin\', favorite automotive executive of ours here at TheGMSource has made some comments on the side of the Geneva Motor Show that we don\'t support in the least. He\'s debating retirement, saying he\'s taking retirement an "active consideration." http://www.thegmsource.com/index.php?categoryid=8&p2_articleid=1354 Josh E. Oliver GM Corporate News Tue, 02 Mar 2010 16:09:45 -0500  Sources: Major Management Changes Coming Tuesday TheGMSource - When will they end? Seemingly never. I\'m not talking about Toyota recalls...or maybe I am. In all seriousness I\'m talking about management changes on the 13th floor of GM\'s RenCen. Ed Whitacre Jr., hasn\'t been CEO for long but he\'s made some significant changes within the upper ranks of GM\'s management and it appears he\'s not done. If rumors are true, Whitacre is going back to something Fritz Henderson did when he was CEO of GM. Is this a sign that Fritz\' welcome back to GM means he has more "pull" then we all think, or is Ed willing to admit through actions he made a mistake? http://www.thegmsource.com/index.php?categoryid=8&p2_articleid=1353 Josh E. Oliver GM Corporate News Tue, 02 Mar 2010 02:10:19 -0500 Man In Jail For Car Crash Claims Unintended Acceleration At Fault  TheGMSource - I only wish somebody in during the Toyota recall hearings yesterday would have mentioned the story I\'ve posted after the jump. It\'s about a gentleman who has a \'96 Camry that he claims has unintended acceleration. As the story goes he was driving home from church with his family when his 1996 Toyota Camry wouldn\'t stop, had unintended acceleration and the brakes wouldn\'t work. If this is the case, and if the statements made in the video about other reports of unintended acceleration in \'96 Camrys then this is a tragedy for all involved. Hit the jump for the video. http://www.thegmsource.com/index.php?categoryid=19&p2_articleid=1352 Josh E. Oliver Competition Thu, 25 Feb 2010 16:43:30 -0500 China Rejects One GM Deal Today....Approves Another  TheGMSource - Unfortunate for Hummer owners, enthusiasts, dealers, and especially employees the Chinese Government reportedly rejected Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. offer to buy the brand that was for sale by GM. I have my own beliefs on that and believe that Tengzhong never planned to buy the brand at all. Another story for another day, I understand.While they reportedly rejected the deal to purchase Hummer which was rumored to be worth as much as $200 million, they did approve of a different deal involving GM worth $85 million. http://www.thegmsource.com/index.php?categoryid=8&p2_articleid=1351 Josh E. Oliver GM Corporate News Wed, 24 Feb 2010 23:52:00 -0500 BREAKING: Hummer Brand To Begin Wind Down Proceedings  TheGMSource - As we were one of the very first to report yesterday citing unnamed sources it has been officially announced that the Hummer sale to Chinese company Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. cannot be completeed, thus resulting in the orderly wind down of the Hummer brand. http://www.thegmsource.com/index.php?categoryid=11&p2_articleid=1350 Josh E. Oliver Hummer News Wed, 24 Feb 2010 20:01:36 -0500 Guest Commentary: What\'s The Point of Toyota Hearings?  Below is a guest commentary of a follower of @TheGMSource on Twitter, Kristian Hahn also known as @SloppyMcCheese. We believe in free speech and because of that some words may not be "P.C." in the eyes of some readers.TheGMSource - Full discloser, I am not an Automotive Insider nor am I a journalist, just a wrench with a mind of my own. And sometimes that mind goes off on its own while I beat panels and stretch upholstery. Today was one of those days, and blame it all on Toyota, Congress and Twitter. Mostly Congress, and possibly some DAP contact cement fumes too. Regardless, I had a ball bantering 140 characters at a time until something dawned on me. http://www.thegmsource.com/index.php?categoryid=19&p2_articleid=1349 Guest Commentary Competition Wed, 24 Feb 2010 18:46:23 -0500 Hummer Buyer May Not Get Chinese Approval  TheGMSource - Not even hours ago we wrote how it\'s not likely potential Hummer buyer Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. will get Chinese government approval to close the sale by the GM imposed deadline of the end of this month. We\'re now hearing that if the Chinese government does not give approval the company has a back-up plan to move forward with the purchase of Hummer. http://www.thegmsource.com/index.php?categoryid=11&p2_articleid=1348 Josh E. Oliver Hummer News Tue, 23 Feb 2010 20:51:53 -0500 Ed Welburn At The Toyota Hearing Today?  TheGMSource - Ed Welburn has his eye on GM\'s design over at the Warren Tech Center but did Ed decide to take the day off and jet down to D.C. to take in the Toyota hearing today? http://www.thegmsource.com/index.php?categoryid=19&p2_articleid=1347 Josh E. Oliver Competition Tue, 23 Feb 2010 17:32:04 -0500 What\'s The Deal With Hummer?  TheGMSource - The Hummer brand has been in limbo since GM announced last year that it would either close or sell the brand. A buyer from China with the name Sichuan Tengzhong Heavy Industrial Machinery Company Ltd. stepped up to the plate and announced their intentions to purchase the brand from GM. Nobody ever heard of the Chinese company prior to their announcement of intention to buy the brand. http://www.thegmsource.com/index.php?categoryid=11&p2_articleid=1346 Josh E. Oliver Hummer News Tue, 23 Feb 2010 16:00:25 -0500 What Does GM\'s Car Czar Get For His 78th Birthday?  TheGMSource - When you\'re that cigar smokin\', stock sellin\', helicopter flyin\', favorite autmotive executive of TheGMSource you seemingly have it all right? You own the best of the worlds sports cars, you own your own car company in Cunningham Motors and shees, you even have your very own fighter jet and helicopter! So, when you turn 78, what\'s there left to get for your birthday?Lucky for you, I was able to pry the information straight from the man himself, so hit the jump to read what a recently turned 78 year old Lutz got for his birthday. http://www.thegmsource.com/index.php?categoryid=8&p2_articleid=1345 Josh E. Oliver GM Corporate News Mon, 22 Feb 2010 23:41:10 -0500 The More Things Change.......Fritz Henderson Rehired By GM  TheGMSource - The backlash from this should be pretty interesting. I can\'t wait until the major news outlets pick up on this. You know, the often critical American media. With that said, it\'s been reported by DetNews.com that GM has brought back a name from it\'s past that helped drive it into bankruptcy through the years. http://www.thegmsource.com/index.php?categoryid=14&p2_articleid=1344 Josh E. Oliver Business & Financial Fri, 19 Feb 2010 22:26:02 -0500 Ed Whitacre, Jr. Will Be Paid Millions As GM CEO  TheGMSource - Ed Whitacre, Jr. has only been GM CEO on a permanent bases for a few short weeks. He agreed to stay on the job citing how difficult it was to find a new CEO with the government pay restrictions in place. However, we\'ve gotten word on Eds total pay package and it\'s left us a bit puzzled on the pay restriction issue he cited for staying on. http://www.thegmsource.com/index.php?categoryid=14&p2_articleid=1343 Josh E. Oliver Business & Financial Fri, 19 Feb 2010 22:19:33 -0500