Tag: General Motors: Page 15

Equipment

Trucks

TerraStar test drive By Jack Roberts When Sterling and General Motors announced they were leaving the North American medium-duty truck market, Navistar wasted no time producing a new truck to fill any hole left by their departure. The TerraStar, as the new Class 4 and 5 model is called, was brought to life in a […]

October 6, 2010

Home

GM files stock registration

General Motors filed registration papers to sell shares of stock to the public, roughly one year after the company emerged from bankruptcy. Neither a price nor the numbers of shares that will be offered to the public were announced. The stock may go on sales in November, Bloomberg News reported. The United States owns about […]

August 23, 2010

Roadbuilding

Next up for Cat: excavators in Texas

Following back-to-back announcements of two plants in North Carolina — a new axle assembly plant in Winston-Salem and the expansion of its Sanford, North Carolina, compact equipment factory — Cat will now build an excavator assembly plant in Victoria, Texas, according to the Wall Street Journal. The plant will employ more than 500 people and […]

August 12, 2010

Roadbuilding

GM names new CEO

General Motors announced board member Daniel Akerson will replace Edward Whitacre Jr. as the company’s chief executive officer on Sept. 1. Whitacre is the second consecutive CEO to serve for less than a year. Akerson, a GM board member since July 2009, has held leadership roles in the telecommunications and finance industries. GM made the […]

August 12, 2010

Home

GM names new CEO

General Motors announced board member Daniel Akerson will replace Edward Whitacre Jr. as the company’s chief executive officer on Sept. 1. Whitacre is the second consecutive CEO to serve for less than a year. Akerson, a GM board member since July 2009, has held leadership roles in the telecommunications and finance industries. GM made the […]

August 12, 2010

Business

Trucks (Digital)

A leaner, meaner GM   By Jack Roberts A year ago, General Motors was looking down the barrel of a gun. The company, deemed “too big to fail” by media pundits, was bankrupt. Without a government bailout, it seemed this automotive powerhouse, which celebrated its 100th birthday in 2008, might live only two years […]

August 1, 2010