Word: cadillacs
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Dates: during 2000-2009
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...baby-boomer generation's insatiable appetite for nostalgia. However, GM also has bets on several other new models, which are planted in key market segments critical to GM's future sales: the hybrid Chevrolet Silverado pickup truck, the Buick Lacrosse sedan and three new crossover vehicles (the Cadillac SRX, Chevrolet Equinox and GMC Terrain) that are part car and part SUV, all of which will reach dealers soon. (See pictures of American muscle cars...
...point is - or not many folks - are talking about taxing benefits or completely eliminating the exclusion," Obama said. But he noted that taxing benefits above a certain point - citing, as an example, $13,000 a year - would have some benefits in holding down costs overall. "If you get some Cadillac plan that costs $17,000, then what we're going to do [under this scenario] is you're going to have to pay taxes on that last $4,000," Obama said. "And the idea that is being debated in Congress right now is, Is that a good way to ensure...
...CADILLAC Founded 1902 Acquired...
Willow Run is always trotted out as Exhibit A in the transformation of lower Michigan into the world's arsenal of democracy. It's a great story, and it's a true one; in 1942, GM took just two months to convert its Cadillac assembly line to one that could turn out tanks. The University of Michigan at Ann Arbor buzzed with boffins working on government contracts, and in 1948, the campus had 21,000 students enrolled - or a fifth of the total number of students at every university in France. Two years earlier, a veteran editor of the Detroit...
...Should GM go into bankruptcy, the plan would involve forming one company around bad assets, such as Hummer and Saturn, and dumping the retiree health-care liabilities into it. That company could be sold off or wound down. A second company would comprise the better performing Chevrolet, Buick, Cadillac, Pontiac and GMC brands. That ongoing firm could be partly owned by the bondholders, the UAW and other creditors...