Word: gm
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...That's more than a little surprising when you consider that Mexico has overtaken Canada in production of GM vehicles, making such popular name plates as the Chevy Silverado and Suburban. Last year GM made a total of 504,858 vehicles at four assembly plants in Mexico; that's 9% higher than the 463,869 cars and light trucks produced by GM Canada...
...Canada contributed $9.5 billion to the rescue of GM's operations north of the 49th parallel - a figure that works out to an unprecedented $2.1 million for each of 4,400 assembly jobs it hopes to save - while Mexico has sailed free? The short answer is that GM Mexico doesn't need a bailout because it's comfortably in the black. "If you have a profitable division at a time when the rest of your business is having a hard time, do you talk about it?" says analyst Pascual Francisco at IHS Global Insight in Lexington, Mass., referring to GM...
...Read "GM's New Ad Campaign: Will It Restart the Engines...
...know anything about cars.' EDWARD WHITACRE JR., the newly appointed chairman of GM, who added that "a business is a business, and I think I can learn...
...Here we are at the deathbed of General Motors. The company's body not yet cold, and I find myself filled with--dare I say it--joy.' MICHAEL MOORE, Michigan native and director of the 1989 anti-GM documentary Roger & Me, after the automaker filed for bankruptcy on June...