GM's US sales chief leaves as company tries to boost market shareOctober 7th, 2009 GM US sales chief leaves as restructuring goes onDETROIT — General Motors Co.'s North American sales chief is leaving the automaker as it continues its furious effort to get leaner and boost its slipping market share, GM CEO Fritz Henderson said Wednesday. Henderson announced the departure of Mark LaNeve, the automaker's vice president of North American sales, in a conference call to update media and investors on the company's progress in the 90 days since it emerged from bankruptcy proceedings.
GM CEO Henderson says GM's global market share has risen slightly from first halfOctober 7th, 2009 GM CEO says its global auto market has risenDETROIT — General Motors Co. CEO Fritz Henderson says the automaker's global market share has risen slightly in the third quarter versus the first half of this year.
GM will make money, repay government loans faster : ChiefJuly 10th, 2009 DETROIT — The new General Motors will be far faster and more responsive to customers than the old one, and it will make money and repay government loans faster than required, CEO Fritz Henderson said Friday as the company emerged from bankruptcy protection. Henderson said the automaker completed its 40-day stay under court supervision far faster than anyone thought it could, saying it would repay about $50 billion in government loans ahead of a 2015 deadline.
New GM emerges from bankruptcy protection; CEO says company will make money, repay loansJuly 10th, 2009 New GM emerges from bankruptcy protectionDETROIT — The new General Motors will be faster and more responsive to customers than the old one, and it will make money and repay government loans faster than required, CEO Fritz Henderson said Friday as a leaner version of the automaker emerged from bankruptcy protection. The bulk of General Motors Corp.'s assets were transferred to a company controlled by the U.S.
New start for GM as it exits bankruptcyJuly 10th, 2009 NEW YORK - Troubled US carmaker General Motors was given a new lease of life Friday, exiting a 40-day bankruptcy process. GM signed the deal that would transfer its best assets to a new company majority-owned by the US Treasury.
GM has emerged from bankruptcy after signing paperwork to transfer assetsJuly 10th, 2009 GM emerges from bankruptcyDETROIT — General Motors Corp. CEO Fritz Henderson says the new GM will be far faster and more responsive to customers than the old one.
Visteon attorney says company making good progress on bankruptcy financingJune 19th, 2009 Attorney says Visteon making progress on financingWILMINGTON, Del. — Auto-parts supplier Visteon Corp.
GM CEO Fritz Henderson says company strategy based on higher fuel and energy pricesJune 17th, 2009 GM CEO says planning based on $100 per barrel oilDETROIT — General Motors' CEO Fritz Henderson says the company is planning future strategies around higher oil prices, betting that crude oil could eventually revisit the $100 to $130 per barrel cost. Henderson, speaking about the future of energy at The National Summit in Detroit Wednesday, says he thinks volatility in oil and energy prices will be permanent, and that consumers already assume that oil prices will be higher.
General Motors CEO Henderson says automaker will be leaner, quicker after bankruptcy courtJune 1st, 2009 GM CEO says reinvented company will be lean, quickNEW YORK — General Motors CEO Fritz Henderson says the new GM will be a leaner and quicker company that's more focused on its customers and its products. Henderson spoke Monday at a news conference in New York after the fallen icon of American industry filed for bankruptcy protection.
Bankruptcy court sets date for Charter Communications reorganization plan hearingMay 5th, 2009 Date set for Charter reorganization plan hearingST LOUIS — A date has been set for the confirmation hearing of Charter Communications Inc.'s reorganization plan as it seeks to emerge from bankruptcy, but lender objections remain. The St. Louis-based cable TV operator, which is controlled by Microsoft co-founder Paul Allen, said the U.S.
GM's Henderson says some parts of Chrysler deal with UAW could help his companyMay 5th, 2009 GM: Some parts of Chrysler deal could help GMWASHINGTON — General Motors CEO Fritz Henderson says some elements of a labor agreement between the United Auto Workers and Chrysler could benefit GM as it tries to stave off bankruptcy. Henderson told reporters Tuesday he was ready to resume bargaining with the union.
AP Interview: CEO says GM can still avoid bankruptcy despite daunting restructuring listMay 4th, 2009 AP Interview: GM CEO says bankruptcy avoidableDETROIT — With just a month left to check off an almost insurmountable list of restructuring moves, General Motors Corp.'s new CEO says it's still possible that the company can finish everything and avoid following Chrysler into bankruptcy. But don't think Fritz Henderson, who took over the troubled automaker when Rick Wagoner was ousted by the Obama administration, is ignoring what's going on with Chrysler LLC in front of a U.S.
General Motors CEO says company can still avoid bankruptcy despite daunting restructuring listMay 4th, 2009 New GM CEO says company can still avoid bankruptcyDETROIT — General Motors CEO Fritz Henderson says the automaker still can avoid bankruptcy but it has a lot of work left before the government's June 1 deadline. Henderson said Monday in an interview with The Associated Press that "it's still possible" for GM to stay out of bankruptcy, and that's the company's preference.
Chrysler CEO Nardelli says he'll leave company after it emerges from bankruptcy protectionApril 30th, 2009 Chrysler's CEO says he'll leave after bankruptcyDETROIT — Chrysler CEO Robert Nardelli will leave his post after the company emerges from bankruptcy protection, ending nearly two years of leadership that has seen sales and earnings slump as U.S. auto sales crumbled.
SonicWall expects to post profit in 2nd quarter; revenue outlook slightly below expectationsApril 27th, 2009 SonicWall expects to post profit in 2QSUNNYVALE, Calif. — Network security technology company SonicWall Inc.