The strategy has the potential to save billions of dollars, dramatically speed up product development and give GM an edge in emerging markets.
What we are interested in is giving GM an opportunity to finally make those much-needed changes that will let them emerge from this crisis a stronger and more competitive company.
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BuyPower not only gives GM an answer to Auto-By-Tel and CarPoint, it also allows the Detroit giant to build an immensely valuable consumer database and a chance to interact directly with consumers, bypassing the dealers.
With regards to whether Toyota's setback could give GM an edge in the electric car game, Vice Chairman Bob Lutz said, "I think that our No. 1 competitor has some problems with their technology, and I do think that it very definitely opens a window of opportunity for us to be first to market with a genuine plug-in hybrid, " which sounds like fightin' words, if you ask us.
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She graduated in 1985 and went to work full-time at GM as an engineer in the Pontiac Fiero plant.
According to the GM roadshow presentation, as of third quarter of 2007, GM would require an annual sales rate of 15.5 million and a market share of 25%.
The recent GM IPO is an example.
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That has changed: in 2007 GM crops worldwide covered an area roughly equivalent to Colombia.
Saints GM Mickey Loomis starts an eight-game ban after the 2012 preseason ends.
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Cunningham was told that if he sold his stock to an outsider GM would back out of the deal--which would probably end the venture.
New GM no longer had an obligation to support Delphi's pensions.
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In a BBC Wales lecture in February, he spoke in favour of genetically-modified (GM) crops as an important component in future efforts to feed a growing world population.
GM, on the other hand, sees an opening to sprint ahead of Toyota, which recently surpassed GM as the world's biggest auto seller.
As he has noted, "I didn't pick the moment" to explore an alliance with GM.
My opposing viewpoint: An end to GM would not be the end of the world.
Other surveys conducted show most people see GM offers cheaper food, an improved environment, medical benefits and increased competitiveness in the economy.
We believe that the GM deal will act as an ice-breaker and will encourage other companies in the U.S. to opt for third parties to handle their pensions.
France's La Tribune said that, if the talks are successful, GM and Peugeot could announce an alliance at the Geneva car show in the first week of March.
Neither GM nor Toyota is developing an exclusively electric vehicle, but both are scrambling to develop vehicles that run for long stretches on electricity sucked from the grid, but with on-board gasoline-powered motors for backup.
York pushed for an alliance between GM, Nissan Motor Co. (nasdaq: NSANY - news - people ) and Renault S.A., but after exploring the possibility for three months, GM's board scrapped the idea.
Levy noted that GM's near-term challenges persist, particularly competitive challenges from Asian carmakers, higher gas prices and the shift to crossover utility vehicles , an area where GM and Ford Motor are trying to catch up.
One of the first companies that will take advantage of ATOMS, ReadyRides, is a GM-backed startup with an proposition that even risk-loving venture capitalists can have a heard time getting their heads around: peer-to-peer car sharing.
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Profitability has been an issue for GM.
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This week, GM even geared up for an IPO ( maybe a bit too fast, but the markets will decide that) to sell itself back to the public, including the 61% of its shares held by the taxpayer.
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Watts argued in a research report that Thursday's 10.5% sell off in shares of XM Satellite Radio Holdings was an overreaction to GM's announcement on Wednesday that it would install 1.4 million XM systems in its vehicles this year, less than the 1.5 million it predicted at XM's analyst day conference back in January.
GM's Chevrolet Volt, an electric car with a combustion engine range extender, could be another beneficiary.
Even as GM's shares rose, an investor frenzy surrounding luxury electric-car maker Tesla Motors Inc.
So GM's bank can pay an affordable 4% on a two-year certificate of deposit.
Collins needs to go to a team with solid structure and an assertive coach and GM, Lee said.
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