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Auto NewsJoel Ewanick of GM says sell the brand, not special deals
The road to recovery for automakers will not be easy. That’s what General Motors Vice President of Marketing Joel Ewanick recently told Automotive News in an interview. GM has waded through bankruptcy and tremendous turnover, which might seem to make any deals designed simply to move product fast attractive. However, Ewanick insists that GM must [...]
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Auto NewsToo big to fail? You may kiss that privilege goodbye, GMAC
Congress roasts GMAC, suggests future stimulus in jeopardy
In the recently released “January Oversight Report: Exiting TARP and Unwinding its Impact on the Financial Markets,” the Congressional Oversight Panel looked over the entire $700 billion TARP bailout. Among many topics across our nation’s economy, they paid particular interest to charges that GMAC received “special treatment” from [...]