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Showing posts with label Hummer. Show all posts
Showing posts with label Hummer. Show all posts
Cadillac, Hummer and Saab Chief Mark McNabb Resigns from General Motors
Before joining the ranks of General Motors, McNabb served as senior vice president of sales and marketing at Nissan North America Inc.
Via: Detnews
GM Officially Announces Pontiac's Death, Saab, Hummer and Saturn to be Gone by 2009
"We are taking tough but necessary actions that are critical to GM's long-term viability," said Fritz Henderson, GM president and CEO. "Our responsibility is clear - to secure GM's future - and we intend to succeed. At the same time, we also understand the impact these actions will have on our employees, dealers, unions, suppliers, shareholders, bondholders, and communities, and we will do whatever we can to mitigate the effects on the extended GM team."Other significant changes in GM's updated "Viability Plan" include the accelerated idling and closures of powertrain, stamping, and assembly plants while the firm will almost cut its U.S. dealer count in half, from 6,246 in 2008 to 3,605 by the end of 2010. This is a further reduction of 500 dealers, and four years sooner, than the previous plan submitted to the U.S. Treasury on February 17.
And how will all these measures affect U.S. workers? According to GM, the updated plan will see an additional reduction of 7,000 to 8,000 hourly employees. Overall, U.S. hourly employment levels are projected to be reduced from about 61,000 in 2008 to 40,000 in 2010, a 34 percent reduction, and level off at about 38,000 starting in 2011.
GM Finds a Buyer for HUMMER, Deal Could Save 3,000 Jobs
And mind you, this handyman didn't choose the easy way out by using a fibreglass kit. Instead he painstakingly fabricated the Hummer body out of steel. Five years later and he has almost reached the end of this amazing journey as there are only a few pesky details left to finish up the project that has been baptized for apparent reasons, Hummer H150. Kudos to you sir, you definitely deserve it!Source: FBS , Via: Jalopnik



































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