The Great Debate UK

from The Great Debate:

How GM can recover

By Lucy P. Marcus
April 1, 2014

General Motors chief executive officer Mary Barra on Tuesday and Wednesday will appear before Congress to explain why GM took more than a decade to issue a recall on a faulty ignition switch, which led to at least 13 deaths. The hearings will be a proving ground for Barra, who became CEO in December 2013, as well as for GM’s new chairman, Theodore “Tim” Solso, and the entire GM board.

from Breakingviews:

General Motors’ new start not as fresh as it looks

April 7, 2010

The new start at General Motors  isn't as fresh as it looks. Last year's quick-rinse bankruptcy washed away almost $90 billion of debts and other obligations. But there are still wrenches in the Detroit automaker's gears that its Chapter 11 restructuring was supposed to remove more cleanly.

from DealZone:

‘New GM’ Gets a Visit from a Shareholder

September 15, 2009

obamalordstown1 GM's Lordstown, Ohio assembly plant has become a symbol of both GM's hard times and its best hopes for a turnaround after a $50 billion federal investment. A recent bump in sales because of the government's "Cash for Clunkers" program has allowed GM to call back more than 1,000 workers from layoff.   So it was a natural backdrop for a return visit by President Obama, who held a roundtable with workers and then gave a stump speech from the factory floor for his economic policies and health care reform.   But this is not your father's GM anymore and nothing about it as clear-cut as it seems -- even if you are the leader of the free world and head of the government that holds a controlling stake in the automaker.     At one point, Obama -- veering from his prepared remarks -- suggested that health-care reform would allow the UAW-represented workers in the audience to negotiate better wages.

Vauxhall future is headache for Mandelson

September 11, 2009

jb2- John Bowker is Reuters’ UK transport and defence correspondent. The opinions expressed are his own -

from Commentaries:

Saab to Koenigsegg – another go slow GM sale

September 7, 2009

AUTOS SWEDEN KOENIGSEGGGeneral Motors doesn't do deals in a hurry -- at least when it is selling.

With the Opel sale grinding along, the U.S. automaker is also in the process of offloading its Saab brand to luxury sportscar maker Koenigsegg.

from Commentaries:

Why the carmaker in front is cutting back

August 26, 2009

Good news: global car capacity is being cut by 700,000 vehicles. Bad news: the company doing the cutting is the world's most efficient manufacturer, Toyota.

from Commentaries:

Driving an Opel round in circles

August 14, 2009

Opel sign (Reuters photo)True to form, GM's negotiator on the sale of Opel has poured cold water on expectations of a slam-dunk deal for Canadian car parts group Magna and its Russian backers.

from Commentaries:

GM blog lifts hood on power struggle over Opel

By Paul Taylor
July 31, 2009

cfcd208495d565ef66e7dff9f98764da.jpgIt's not often you get to lift the hood and watch a power struggle going on in the engine room of General Motors. But the vice-president of GM Europe, John Smith, has just provided tantilising details of the arguments over the rival bids for Opel/Vauxhall, the main European arm of the fallen U.S. auto giant. Smith is the chief negotiator on the sale of Opel.

from Commentaries:

Politics, economics collide over Opel

By Paul Taylor
July 20, 2009

Political and economic logic are set to collide in the byzantine decision-making over the future of German carmaker Opel, the main European arm of fallen U.S. auto giant General Motors.
If politics prevail, as seems likely, the cost to German taxpayers will be higher and the chances of commercial success lower.

GM emerges from Chapter 11 bankruptcy

By David Bailey
July 13, 2009

David Bailey- Professor David Bailey works at the Coventry University Business School. The opinions expressed are his own. -