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GM’s Turnaround Rides on a Successful Chevy

GM’s Turnaround Rides on a Successful Chevy

With General Motors leaving bankruptcy, can its core brand churn out cars and crossover SUVs that stand up to Toyotas, Hondas, and Fords? As General Motors emerges from bankruptcy reorganization to launch a new era, it is no exaggeration to say that as goes Chevrolet, so goes General Motors. The Chevrolet brand has always been [...]

GM, Chrysler execs defend dealership closings

GM, Chrysler execs defend dealership closings

GM CEO Henderson: Cuts ‘quite painful,’ but necessary to preserve jobs General Motors and Chrysler executives defended the closings of hundreds of dealerships Friday as House lawmakers questioned whether the decisions would save any money or help the troubled companies rebound. “Many dealers and the communities they serve frankly feel blind-sided,” said Rep. Greg Walden, [...]

How Rick Wagoner Lost GM

How Rick Wagoner Lost GM

GM’s ex-CEO threw out the good-governance structure in place when he took over, then made bad decision after bad decision, backed by his rubber-stamp board General Motors’ legendary management system and industrial might were once revered by management scholars and business historians; the thought of bankruptcy would have been beyond improbable and indeed laughable. Yet [...]

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