Consumerist
Ford Advantage Plan
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general motors
General Motors Defaults, Idles Plants
General Motors is projected to default on its next bond payment—the last before the June 1st government-imposed restructuring deadline. Next freeway exit: bankruptcy. More » -
credit
General Motors' Greatest Innovation? Not Cars, Credit
Sorry to disappoint all of you who think that the two-person Segway is the most innovative thing GM has produced in its long history — it seems that the company's most important new idea was consumer credit. More specifically, convincing a nation of thrifty debt-averse tightwads that taking on debt was socially acceptable. Yes, it's true. We weren't always a bunch of debt junkies. More » -
wcia 2009
Worst Company In America: GM VS Chase
The Chase/WaMu banking monster? Or a soon-to-maybe-be-bankrupt-and-or-bailed-out car company?
More »
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general motors
PUMA: So That's What GM Did With Our Bailout Money!
How would you like to ride down Second Avenue in this? And where would you park it once you got to work? The P.U.M.A. (Personal Urban Mobility and Accessibility Project), recently unveiled by General Motors and Segway, can go 35 miles on one battery charge, seats two, and reaches speeds of 35mph. Whee! More » -
hyundai
Hyundai Vs Ford Vs GM: Who's Got The Best Car Payment Protection Plan?
Now that a bunch of people have a finger in the "If you lose your job, we'll help you out with payments" punch bowl, which is the best deal? Hyundai, Ford or GM? Jalopnik broke it down and says the original is the best, giving the award to Hyundai Assurance Plus. "Hyundai is the only one offering negative equity coverage with real teeth and payment assistance," they wrote. Caveats apply depending on your situation. and, "in the end, if you are fairly certain you're going to be losing your job soon you shouldn't buy a new car."
Hyundai Vs Ford Vs GM: What Car Payment Protection Plan's Best? [Jalopnik]
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wcia 2009
Worst Company In America: United Airlines VS GM
A fee riddled airline with expensive snacks? Or a quickly unraveling, government-supported car company? You make the call.
More »
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auto bailout
Obama Administration To Chrysler, GM: Sorry, You Failed.
In accordance with the March 31st deadline for evaluating the restructuring plans of the bailed out automakers, President Obama is expected to address the nation today to present his administration's findings — and the news isn't too sunny for the automakers. More » -
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gm
Obama Fires GM's CEO
Feeling the need for a "clean-sheet," the Obama administration gave GM's CEO the pink slip today. [WP] -
auto
Where Did The Cars Go? Manufacturers Are Confiscating Cars From Dealerships
Here's a weird symptom of the disease that's killing the auto industry — empty car dealerships, some of which are still open for business. More » -
auto bailout
GM To Taxpayers: Bail Us Out Or We'll Liquidate
With two weeks to go before the government deadline to approve GM's restructuring plan, the AP says that GM's CEO Rick "The Station" Wagoner told the press that if GM is allowed to go into bankruptcy, it will simply be liquidated. More » -
auto bailout
Sad Email From Saturn Reassuring You That GM Will Still Make Parts For Your Car
Reader James forwarded us a sad email he got from Saturn, in which they admit that GM is probably going to give them the ax. In it, they emphasize that their warranties feature the "industry's best overall coverage" and that no matter what "GM will support the continued availability of Saturn parts and service as needed." More » -
ev1
Really Creepy Ads Killed The Electric Car
I watched the Who Killed The Electric Car documentary last night and was thunderstruck by the "ad" that GM made when California made them make electric cars against their will. If you want to sell a car, you put a hot person in it and shoot them skidding at high speeds across desert plains. This was like trailer for a sequel to The Ring. More » -
gm
Your Car Is Used. Should GM Still Be Responsible For A Mistake It Made In The Factory?
At what point is an auto manufacturer freed from all responsibility for the car it makes and sells? Griffin says it's almost certain that the incorrect body control module (BCM) was inserted at the factory, and that GM's mistake cost him $459 to fix. GM says the former owner (Griffin's friend) must have swapped out BCMs and therefore it's "out of our control," but Griffin argues that's pretty much impossible. More » -
gm
Graphic: Why GM Will Still Fail
Not that you necessarily need convincing that GM is doomed no matter how much cash is thrown at it, but here's a cool graphic that shows all of the auto company's problems as piles of shipping containers. The designer points out that "many aspects of this graphic can apply to the rest of the Big Three but I focused on GM since they are in the most dire position." More » -
auto bailout
Auto Executives Will Have To Give Up Their Private Jets
One of the conditions of the auto bailout is the elimination of private corporate jets. Guess they probably shouldn't have flown them to Washington to ask for a tax payer bailout. Whoopsie! More » -
bailout
Bush Approves Auto Industry Bailout
President Bush has approved a $17.4 billion auto bailout, with $13.4 billion in emergency loans to prevent the collapse of GM and Chrysler and another $4 billion to be handed out in February. More » -
gm
GM Hooks Up With Midwest Credit Unions To Offer Low-Interest Car Loans
GM announced a deal with 1,200 credit unions in Illinois, Indiana, Michigan and Ohio to make $10 billion in low-interest car loans available to shoppers. More »
