Posts Tagged ‘GM’

Unions-the good, the bad, the ludicrous

March 23rd, 2011
By: Vicki Bell

Although events from Japan, Libya, and Jerusalem, along with the passing of Elizabeth Taylor, dominate the headlines on this day, unions continue to make the news, including a blog post written by my colleague Dan Davis last month. I just googled news for labor unions and retrieved more than 400 items.

Why did I google labor union news? Because of two articles I read today online that reminded me just how far unions have come since the concept first took hold in the U.S., and why these once powerful organizations established to be the negotiators and watchdogs for the American work force have alienated much of the work force and taken on such a negative image. What once was good has become bad, and in some cases, downright ludicrous. (more...)

Do fabricators care if SAIC invests in GM?

September 22nd, 2010
By: Vicki Bell

Yesterday's "Tube Talk" e-newsletter discussed the possibility of General Motors' Chinese partner, SAIC, investing in GM's initial public offering of stock. The two companies have produced cars together in China for a decade and announced plans in December to sell low-cost vehicles in India. 

Some in the U.S. are not all that excited at the prospect of a Chinese company potentially owning a chunk of GM, now sometimes referred to as Government Motors since the $50 billion taxpayer bailout. (Repaying the bailout could take years, IPO notwithstanding.) (more...)

A big slice of humble pie

October 22nd, 2009
By: Eric Lundin

I was wrong. I said it. I admit it. Wrong! Wrong, wrong, wrong. Totally wrong. No two ways about it. Wrong.

GM filed for bankruptcy June 1, and nearly every editor, reporter, and blogger seemed to want to jump on the bandwagon and jump all over GM's executives for decades of mismanagement. I didn't think that was fair, and I said so in a blog on June 4. Boy, was I wrong!

(more...)