Posts Tagged ‘GM’
Chevy Volt to get 230mpg in much the same way that your mom can say she’s ‘lost weight’ and Obama can say 45 million are uninsured: by fudging the numbers
CNN Money - Ultra-high mileage for GM's electric-drive Volt could give it a marketing boost. he Chevrolet Volt, GM's electric car that's expected to go on sale in late 2010, is projected to get an estimated 230 miles per gallon, the automaker announced Tuesday. That exceptionally high government mileage rating could give the Volt a major [...]
Automaker Unions Willing To Give Big Three Concessions
United Auto Workers union head Ron Gettelfinger announced that the union's workers could approve some concessions to the Big Three U.S. automakers if the right situation arises. UAW entered into new labor contracts with GM, Ford and Chrysler in 2007. Gettelfinger indicated that if the government authorized loans to the Big Three automakers, it [...]
Automakers CEO’s To Accept $1 Salaries?
You heard it right. Ford Motor Company and General Motors, 2 of the Big Three U.S. automakers, have confirmed that each of their CEO's will accept a $1 salary in 2009 if their company accepts bailout money from the federal government. Ford also released a turnaround plan to Congress, the 1st of the Big Three U.S. automakers to do so, but critics [...]
