General Motors: the marques man

Six months since Ed Whitacre took executive charge, America's biggest carmaker is shedding its bureacratic ways en route to a share offering

2010. June 7. 23:52

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General Motors in huge share sale [BBC NEWS] Aug. 19. General Motors has paved the way for an initial public offering, expected to be the second largest share sale in US history. New dawn for General Motors as auto maker prepares new IPO [Telegraph.co.uk] Aug. 18. To its bankers, it is called"Project Dawn". To its 217,000 workers, it is a dawn that 14 months ago, many thought they would never see. General Motors boss to stand down [BBC NEWS] Aug. 12. The chief executive of the US car giant General Motors has announced plans to resign. General Motors eyes asset sales [FT.com] Jun. 30. General Motors may put up for sale some assets, such as stakes in the financial-services group GMAC and parts maker Delphi, as part of its drive to further reduce... General Motors drives to first profit in three years [Telegraph.co.uk] May 17. General Motors motored to its first quarterly profit in three years in the first three months of 2009 as it continues to reap the benefits of its new streamlined structure. General Motors [FT.com] Apr. 25. In spite of hints of an impressive upcoming earnings report, GM remains far from a win-win, much less the profitable bet for Uncle Sam its chief once suggested General Motors repays $8.1bn [BBC NEWS] Apr. 21. US car giant General Motors has repaid $8.1bn (£5.2bn) in loans it received from the US and Canadian governments. General Motors to close Opel Antwerp plant [FT.com] Jan. 21. GMs Opel unit announces the closure of its Antwerp plant as part of a plan to reduce its capacity by 20% as the carmaker restructures its European operations General Motors ends car-loan agreement with Tiger Woods [Telegraph.co.uk] Jan. 13. General Motors says an arrangement with Tiger Woods that allowed the fallen star to have free access to its vehicles is over. America faces 'crisis of leadership', leading Wall St investor warns [Telegraph.co.uk] Aug. 31. Daniel Loeb, one of Wall Street's leading hedge fund managers, has launched a scathing attack on President Barack Obama. America no longer needs Chinese money, for now [Telegraph.co.uk] Aug. 22. As the Sino-American showdown in the South China and Yellow Seas escalates into the gravest superpower clash since the Cold War, the United States cannot wisely rely on China to help fund its bu... Swimming chiefs eye second Duel in the Pool to be hosted in America [Telegraph.co.uk] Aug. 21. Discussions ongoing for second Duel in the Pool, the Ryder Cup-style meet pitting Europe against America.