Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20100818/OEM/100819878/1018#ixzz0xPAjFHaG
Ford is expecting to lose some investors to GM, and currently this is set to be the second biggest IPO in history.
They paid back the government supplied loans, but the context in which "bailout" is being used is referring to the government owned stock that is still present inside the company at 61%.
In my opinion, strictly speaking from economic terms, the bailout, for any of the bankrupt companies that received it, should have never happened. However, now that the past is done and nothing can be changed, it is in the best of interest of GM to rid itself of government involvement ASAP.
http://media.gm.com/content/media/us/en/news/news_detail.brand_gm.html/content/Pages/news/us/en/2010/Aug/0812_transition
I'm not sure about this. The rumor now is why Whitacre is stepping down is due to Akerson's relatively good track record on issues related to IPOs (Initial Public...
http://online.wsj.com/article/SB10001424052748704164904575421742910964822.html?mod=WSJ_hpp_LEFTWhatsNewsCollection
I truly believe if this happens, we'll have an IPO by at the latest the end of this year. :thumbsup:
Yeah me too. I think if you're going to use another company's name, at least make it look exclusive. I mean besides the badging, you can barely tell the difference between it and a regular F-150.
http://media.gm.com/content/media/us/en/news/news_detail.brand_gm.html/content/Pages/news/us/en/2010/Aug/0803_gmsales
Competition Results:
Toyota: Down 6.8%, 169,224 units sold
Ford Motor Company: Up 5%, 166,092 units sold
Honda: Down 5.6%, 112,437 units sold
Chrysler: Up 5%, 93,313 units...
UPDATE: The first available Volt is subject to huge dealer markup!
http://www.autoblog.com/2010/08/02/report-chevrolet-dealer-ready-to-charge-20-000-over-msrp-for-v/
While I think this article is a little too hasty in condemning GM, which seems to be the norm by critics, it still shows the...
It was found in a recent study that the majority (95%+ if I recall correctly) only drive 40 miles a day. So it seems to be wrong that the gas motor will be used at all for the majority of Americans.
The engines going into the new 2011 F150 are going to be the 3.7L and 5.0L from the 2011 Mustangs. The third one will be the 3.5L EcoBoost engine, which is found in the Taurus SHO.
http://www.autoblog.com/2010/07/15/review-2010-chevrolet-silverado-hybrid/
I believe the Autoblog critic is overlooking the fact that this hybrid truck offers the same (-/+1 MPG) combined fuel economy as a V6 Camry. It comes to a point that he complains about the truck... being a truck (see...