General Motors and Chrysler have held merger talks October 11, 2008 The Wall Street Journal, citing people it described as familiar with the discussions, said Cerberus Capital Management, the private equity firm that owns 80.1…
Market Meltdown: Black Friday Triggers Largest Loss in 21 Years, Investors Brace for Worse and Cry for Help October 10, 2008 If ever there was a setup for a Black Friday on Wall Street, this is it. Realistic Assessment of Risks We can hope it…
GM prepares for large cuts in North America. More bad news for Oshawa? July 14, 2008 General Motors (GM) is set to unveil additional measures on Tuesday to address the significant downturn in the North American vehicle market. The world’s…
The end of GM Oshawa has begun? The time of the small car renaissance has come! June 3, 2008 General Motors says it will cease production at four factories in Ohio, Wisconsin, Canada and Mexico that produce trucks and SUVs. As General Motors…