You may not hear anyone make the audacious claim that the Toyota Motor Corporation is in its twilight years despite recording a multi-billion dollar loss at the end of its last fiscal year, or because the automaker is currently embroiled in an engineering and publicity nightmare involving faulty accelerator pedals. That latter problem has [...]
Just months after being pushed through corporate bankruptcy and while still in the midst of an incomplete and painful restructuring, GM CEO Ed Whitacre has made a startling pronouncement: GM expects to make a profit in 2010.
Meeting with reporters yesterday in Detroit, Whitacre acknowledged that the company has several obstacles to overcome, but he believes [...]
Now that GM has emerged from bankruptcy and is well on its way to becoming a much leaner, greener, and meaner car manufacturer, certain products that had been put on hold will soon come to life. Importantly, some of those products will be moved forward in the production cycle including the next generation Chevrolet Malibu [...]