GM CEO Thinks $1 Increase In Gas Price Would Do Us All Some Good

GM CEO Thinks $1 Increase In Gas Price Would Do Us All Some Good

General Motors CEO Dan Akerson believes in educating the consumer. That’s why, rather than GM being compelled by Washington to make more fuel efficient cars that might cost us more to purchase, he thinks the drivers of America need to learn a lesson in frugality by being forced to pay more money at the pump. [More]

GM CEO Won't Guarantee Stock Sales Will Repay Bailout Cash

GM CEO Won't Guarantee Stock Sales Will Repay Bailout Cash

Something a little more important than the newest Chevy went on sale at GM today — new shares of the company hit the market at $35 this morning and appeared by lunchtime to be doing a healthy business. And while today’s IPO will likely put a sizable dent in the company’s debt, CEO Dan Akerson isn’t as eager as his predecessor to make promises that future stock sales will guarantee taxpayers are repaid in full. [More]