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News Breaks
15:44 EDTGM
theflyonthewall.com: Pay czar will cap cash salaries for GMAC's top 25 employees at $500,000
This is being reported by the Wall Street Journal. :theflyonthewall.com



News For GM From The Last 14 Days
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September 1, 2010
12:08 EDTGM
theflyonthewall.com: Chrysler Group reports August U.S. sales up 7% to 99,611 units

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10:49 EDTGM
theflyonthewall.com: General Motors August total vehicle sales down 24.9% to 185,176 units

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10:48 EDTGM
theflyonthewall.com: General Motors month-end dealer inventory 452,000 units
Month-end dealer inventory in the U.S. stood at about 452,000 units, which is about 28,000 higher compared to July, and about 73,000 higher than August 2009. :theflyonthewall.com
10:47 EDTGM
theflyonthewall.com: General Motors reports August total vechile sales down 24.9%

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09:00 EDTGM
theflyonthewall.com: Old GM to be split into four trusts, NY Times says

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06:01 EDTGM
theflyonthewall.com: GM ramping up production of 2011 Chevrolet Cruze, Detroit News reports

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August 31, 2010
12:08 EDTGM
theflyonthewall.com: General Motors to host sales conference call
Conference call to discuss August sales results will be held on September 1 at 11 am. :theflyonthewall.com
09:55 EDTGM
theflyonthewall.com: Correct: August auto sales slowest in U.S. in nearly 30 years, Bloomberg reports
In August, sales of autos in the U.S. were about the slowest for the month in nearly three decades as the model year closed out, according to Bloomberg. The article is attributed to Bloomberg, not Reuters as previously reported. Reference Link :theflyonthewall.com
09:04 EDTGM
theflyonthewall.com: GM's Chevrolet Volt to be priced competitively in China, Reuters reports
GM China's (GM, MTLQQ) President and Managing Director Kevin Wale says the launch of the electric Chevrolet Volt--expected in the second half of 2011--is crucial to the company's overall strategy to grow its electric car business there and he expects pricing to be competitive. Reference Link :theflyonthewall.com
07:07 EDTGM
theflyonthewall.com: U.S. proposes new guidelines for auto fuel efficiency, WSJ reports
The EPA and the Transportation Department released proposed new rules that would require automakers to label new passenger vehicles with a letter grade from A to D based on its fuel efficiency and emissions, reports the Wall Street Journal. Reference Link :theflyonthewall.com

August 27, 2010
06:08 EDTGM
theflyonthewall.com: Toyota's latest recall figure closer to 1.3M vehicles, Detroit News reports

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August 26, 2010
06:54 EDTGM
theflyonthewall.com: Without clunkers boost, August auto sales to slide vs. 2009, Detroit News says

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August 25, 2010
13:46 EDTGM
theflyonthewall.com: Regulators examining possible Jeep fuel tank problem, Automotive News says

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11:02 EDTGM
theflyonthewall.com: Toyota says China sales may rise more than 10% next year, Bloomberg reports

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09:08 EDTGM
theflyonthewall.com: Auto companies initiating more recalls, NY Times says

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August 24, 2010
05:19 EDTGM
theflyonthewall.com: U.S. could keep GM stake beyond this year, Biden says, WSJ reports

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August 23, 2010
05:20 EDTGM
theflyonthewall.com: An IPO could value General Motors at $60B or more, Barron's says

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August 20, 2010
11:22 EDTGM
theflyonthewall.com: Ford says investors may sell Ford shares after GM IPO, Businessweek says
Some investors in Ford (F) may sell portions of their shares in order to buy GM's (GM) stock, Ford Executive Chairman Bill Ford said, according to Bloomberg's Businessweek. Reference Link :theflyonthewall.com
11:11 EDTGM
theflyonthewall.com: Toyota, GM to increase pay 10% for workers in South Africa, Bloomberg reports

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08:56 EDTGM
theflyonthewall.com: Tesla Motors enters into purchase agreement with NUMMI

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August 19, 2010
10:02 EDTGM
theflyonthewall.com: China likely to implement measures to boost imports, China Daily reports

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05:58 EDTGM
theflyonthewall.com: General Motors to invest $20M in Bay City Powertrain, Detroit News reports

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05:56 EDTGM
theflyonthewall.com: General Motors strives to turn around European operations, Detroit News reports

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