GM

GM to reinstate 600 dealerships slated to be cut

March 5, 2010
Associated Press
GM executives said Friday that about 600 dealerships out of the 1,100 seeking to stay with GM will receive letters giving them the option to remain with the automaker.
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Columbia City plant to close, nixing 135 workers

February 12, 2010
 IBJ Staff and Associated Press
Fort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according to a union official.
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GM to draw government funds for Delphi costs, source says

October 28, 2009
Associated Press
General Motors Co. will announce later this week that it will draw from its government funding to pay the cost of buying a chunk of troubled parts supplier Delphi Corp., a person briefed on the company's finances said Wednesday.
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125 workers at Indianapolis GM plant take buyout offer

July 27, 2009
Kathleen McLaughlin
More than 125 people at General Motors Corp.’s metal-stamping plant in Indianapolis have signed up for buyouts or early-retirement packages that are worth as much as $115,000 in cash per worker, a union official said this morning.
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LIPPERT: GM woes strike close to homeRestricted Content

July 20, 2009
Douglas Lippert
As someone who grew up in Michigan during the 1960s and 1970s, watching General Motors Corp. self-destruct was like seeing a loved one make bad decisions then watching him suffer the consequences.
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Carson vs. Chrysler, round oneRestricted Content

July 6, 2009
 IBJ Staff
U.S. Rep. Andre Carson, D-Indianapolis, is taking on General Motors Corp. and Chrysler Corp. in the name of crash victims.
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GM workers hesitate to bite at buyout baitRestricted Content

February 16, 2009
Kathleen McLaughlin
GM workers must decide by March 24 whether to take a buyout, but the lack of jobs due to the recession coupled with the cost of health care makes their decision especially difficult.
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Big Three woes leave big void in IndianapolisRestricted Content

January 5, 2009
Kathleen McLaughlin
Automakers' Indianapolis manufacturing plants once employed 11,000, but closings and cutbacks zap good jobs, tax base.
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Big Three automakers stay aliveRestricted Content

December 29, 2008
Kathleen McLaughlin
The weakest of the Detroit Three, Chrysler LLC and General Motors Corp., said they would run out of cash in 2009, potentially eliminating tens of thousands of jobs in Indiana alone.
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UAW in tough spot as automakers seek concessionsRestricted Content

December 29, 2008
Mike Hicks
A federal bailout for automakers Chrysler and General Motors won't fix their problems. I think a bankruptcy of these companies is nearly inevitable. It might also spell the demise of the UAW.
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City government should shop locallyRestricted Content

December 22, 2008
Good luck getting people to buy from local vendors or manufacturers.
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Indiana should brace for auto falloutRestricted Content

December 8, 2008
The Big Three and the United Auto Workers do not appear to be serious about making the concessions and changes that are necessary to make them a viable entity for the long haul.
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Allison Transmission might be ripe for management buyoutRestricted Content

February 19, 2007
Anthony Schoettle
As struggling General Motors Corp. tries to raise cash by unloading Allison Transmission, the fate of the city's third-largest manufacturer hangs in the balance. But analysts say its market dominance, strong management team and abundance of private equity could spare it the fate of other auto plants here.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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