Word: gm
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Merrill Lynch are likely to go to jail. That's because incompetence and arrogance aren't criminal offenses. If that seems a bit unfair, so does the government's rescue program that saved some and not others, depending on political and social criteria. The most recent example: Delphi Corp., GM's former parts division that was spun off a decade ago, which recently emerged from bankruptcy proceedings. White collar Delphi retirees are having their pensions whacked, but United Auto Workers pensioners are being made whole...
...Some of GM's new products, such as the Chevrolet Malibu with a V6 engine and Chevrolet Traverse, did well in the survey. Overall, however, 28 of the 48 GM models included in the survey had below-average rankings, says Consumer Reports Rick Paul...
...hometown is Detroit. What kind of a deli city is that? Detroit is a great deli city. If only GM could learn from what the delis in Detroit are doing! The best rye bread anywhere - double-baked, crispy, warm rye that they serve their sandwiches with - and great corned beef. It's a passionate deli town...
...over zero, comparisons get weird," says Van Dijk. Even so, the financial group's turnaround - it should log $15 billion or more in fourth-quarter profit - will give a strong boost to the S&P 500 composite earnings. The S&P will also be boosted by a famous departure: "GM was losing billions last year, but it's no longer in the S&P," observes Van Dijk...
...Winter, who has spent 34 years in various blue-collar jobs at GM, notes, "I've seen lots of changes but this is the biggest and the best." Nevertheless, it will take some adjustment since much of the old camaraderie that came with working in the plants around Flint is vanishing as GM downsizes. "It's kind of sad. I remember how many people used to come walking out of the shops. It used to be like oceans of people. Now it's going to be like you're working by yourself," says Winter. But at least...