On March 29, 2009, US President Obama and his administration requested and received the resignation of Rick Wagoner, the chairman and chief executive of troubled auto giant General Motors (GM). Wagoner spent more than 8 years in the top job at GM, during which the company lost billions of dollars. In 2008, GM was surpassed … Continue reading March 29 2009 General Motors CEO Ousted By White House
Tag: General Motors
General Motors May Axe Holden Ute Import (2009)
The savaged local car industry has received another blow with General Motors in Detroit axing plans to import an Aussie-built Holden ute. GM Holden's Elizabeth plant was due to start gearing up to build the Commodore-derived Pontiac G8 ST ute within months, with shipments due to start at the end of the year. With projected … Continue reading General Motors May Axe Holden Ute Import (2009)
Craig Hill 