Last week, the Volt, GM’s signature hybrid vehicle, turned in a lackluster performance in its first series of road tests by Consumer Reports. CR told Reuters on Monday that “when you look at the finances, [the Volt] doesn’t make any
3. GM’s Incentive Spending: Slashing prices through discounts and incentives to juke market share is not a healthy business model Famed investor Warren Buffett once said, “If you have to have a prayer session before raising prices by ten percent,
From the 1st quarter through the 4th quarter of 2010, GM’s lobbying expenses more than doubled from $1.8 million to $3.89 million – a 113% increase. After all, when the government is your largest shareholder, your company execs will inevitably
News coverage of Government Motors over the past few weeks has painted an increasingly glowing picture, but here’s a dose of reality: GM still has not repaid taxpayers for the bailout and it’s looking less and less like taxpayers will