Edward Whitacre Jr - egmCarTech

GM Chairman urges U.S. government to loosen pay caps, emphasizes urgency to pay back loans

Posted: Nov 11, 2009

General Motors Company’s Chairman, Edward Whitacre, is urging the Obama administration to give the automaker less restrictive pay caps. The comments by Whitacre, which were made at an appearance at Texas Lutheran University, were the most detailed he has made since becoming GM chairman in July.
Whitacre, who rolled up in a red 2010 Chevrolet Camaro (we’re guessing [...]

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Exclusive (w/ video): Whitacre talks about overcoming the perception gap with GM vehicles

Posted: Sep 11, 2009

Filed under: GM, Industry News, Videos

If you’re not already sick of GM’s new Chairman, Edward Whitacre, here he is again talking about the problem of overcoming the perception gap with GM vehicles. Whitacre, 67, has been in the headlines quite a lot recently due his appearance in General Motors new ad campaign called ‘May the Best Car Win.’
Most have compared [...]

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Must Read: GM launches ‘May the Best Car Win’ campaign, previews new vehicles in TV spot

Posted: Sep 11, 2009

Filed under: Buick, Cadillac, Chevrolet, GM, GMC, Industry News

There is a huge change coming to General Motors Company, and we feel its one we can believe in – and no that’s not General Motors talking that’s us here at egmCarTech that have driven the new 2010 Chevrolet Equinox and spent a couple of minutes behind the new 2010 Cadillac SRX.
Leading the change is [...]

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GM’s Chairman Ed Whitacre to be featured in TV campaign

Posted: Sep 10, 2009

Filed under: GM, Industry News

When Bob Lutz returned from retirement to head up GM’s marketing in July, he said that GM would focus more on its brands rather the corporation. Well, new Chairman Ed Whitacre has something else in mind. According to sources familiar with the plan, GM will launch a broad post-bankruptcy advertising campaign next week with an [...]

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GM’s CFO, Ray Young, to leave the company in the coming weeks

Posted: Sep 09, 2009

Filed under: GM, Industry News

Ray Young, General Motors Company’s Chief Financial Officer, is expected to leave the company in the coming weeks, sources familiar with the matter said. Insiders told the media that his departure is a part of a shake-up of the company’s finance department.
Spokesman Chris Preuss declined to comment and Young would not replay to an e-mail [...]

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GM’s new Chairman is blunt and ‘frighteningly direct,’ wants to see improvements

Posted: Sep 04, 2009

Filed under: GM, Industry News

We were actually just wondering what Ed Whitacre Jr. is up to after taking his new position as chairman of General Motors Company. According to a report by Detroit Free Press’ Tom Walsh, Whitacre is basically scaring the heck out of every top-level GM executive – including Fritz Henderson.
Executives said that Whitacre called a meeting on [...]

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GM’s Chairman: New models will be released sooner than planned

Posted: Aug 05, 2009

Filed under: GM, Industry News

General Motors Company’s Chairman Edward Whitacre, who has previously claimed he doesn’t know anything about cars, finally held a press conference ever since taking his new position. The former AT&T chairman and CEO said that GM will be introducing certain vehicles sooner than originally planned to fight for its market share.
“Our cash position is good,” [...]

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GM announces new executive committee, leadership appointments and retirements

Posted: Jul 24, 2009

Filed under: GM, Industry News

General Motors Company announced today the formations of its new executive committee that will lead the new GM, which recently came out of bankruptcy.
The Detroit automaker also announced a number of leadership appointments and retirements.
“With these announcements, most of the new GM leadership team is in place,” Henderson said. We expect to have the final round of [...]

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GM’s global sales down 15% in second quarter, up 20% from first quarter

Posted: Jul 22, 2009

Filed under: GM, Industry News

General Motors Company announced today that it sold 1.94 million vehicles globally during the second quarter of 2009, down 15 percent during the same period last year. Nonetheless, compared to the first quarter of 2009, sales were up almost 20 percent. GM sales outside the United States were up 72 percent of total sales.
During the first-half [...]

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BREAKING: The New General Motors Company launches today

Posted: Jul 10, 2009

Filed under: GM, Industry News

“The new General Motors Company launches today” reads GM’s latest statement. A new GM emerged from bankruptcy protection Friday, which is far quicker than most analysts had expected. After 40 days of hanging out in U.S. Bankruptcy Court, GM concluded its stay by closing a deal that sold its good assets, including Cadillac and Chevrolet, to a [...]