Stern statements from brands like Pepsi and Anheuser-Busch aren’t really damaging the league. If they want to affect real change, they need to hit the league and its owners where it hurts most — in their wallets.
The luxury vehicle group sold more cars in this year’s first six months than any other half-year period in its history, breaking the 1 million mark with a nearly 7% year-over-year sales increase.
GM announced Monday it’s recalling 8.4 million cars, pushing the total number of recalled GM vehicles past 29 million — in 2014 alone. Here is what 29 million cars looks like.
The results of a report released Thursday, presented by GM CEO Mary Barra, state that incompetence and neglect by GM caused the decade-long delay in fixing the ignition switch problem.
Just over two months into her tenure as GM Chief Executive, Mary Barra is faced with perhaps the biggest crisis the automaker has faced since its bailout. GM had recalled 3.15 million cars for various safety failures and said it would take a $300 million charge this quarter. Further, the company had been criticized for its tightly-controlled press management of the crisis.
The total industry expects 2013 U.S. sales to come in at 15.6 million, the best year since 2007, when it sold 16.1 million.
A breakdown of the 23 women at the helm of Fortune 500 companies and the operations they run on the heels of GM’s appointment of Mary Barra, who is its first female CEO.
She’s a “car gal” who’s been at GM since she was 18.
Following high sales in May, all three major US car companies reported big numbers for June as well. Here’s how quickly cars are moving off the lot in the hottest U.S. auto market since the recession.
The Treasury Department has been trying to tell the public for years that its bank bailout program has been more financially successful than you think. Here are some charts showing they might be right.
Car sales were at their highest rate in six months in May. But the auto industry has been expanding since well before then.
“Let them go bankrupt” line comes back to haunt Romney in new Democratic National Committee web video. GM’s record profit bolsters Obama’s case.
GM’s global chief marketing officer, Joel Ewanick, reported Ford’s takedown request via Twitter on Super Bowl Sunday. (h/t @NYCAviation)
Barack Obama refuses to “spike the football,” so we’ll do it for him. This list is in no particular order and by no means comprehensive. Achievement unlocked: Reelection.
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After nine years in deep, beautiful corporate love, Tiger Woods and GM are finally going their separate ways. With a new kid on the way, Tiger wants more family time. GM, of course, is blaming this terrible economy. They’re totes gonna stay friends 4eva though, no worries there.
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