Tagged: GM

GM to sell new cars on eBay

In a grand experiment, revived General Motors will let most of its California auto dealers haggle online with customers by selling new vehicles over eBay.  School of Management Dean Louis Lataif, a former Ford executive, says the move is inevitable, but could have some glitches — like when a car owner is both the buyer and […]

GM clears bankruptcy hurdle

Saying the only alternative would be liquidation, a federal judge has okayed the sale of GM’s assets to a new government-run agency, paving the way for the automaker to emerge from bankruptcy.  School of Management Dean Louis Lataif, a former Ford executive, can discuss the implications. Contact Louis Lataif, 617-353-2668, lelataif@bu.edu

Rehabbing GM’s reputation

Slipping into bankruptcy reorganization at Uncle Sam’s financial gunpoint, GM has a serious reputation problem to overcome.  College of Communcation public relations Professor Peter Morrissey, an expert on reputation management (helped J&J on the Tylenol case) thinks GM is capable of regaining its “fierce customer loyalty” that made it the world’s leading automaker. Contact Peter […]

GM, Citi off Dow Jones Industrials

General Motors and Citigroup both are being taken off the Dow Jones Industrials Average listings, to be replaced by Travelers Insurance and Cisco Systems.  School of Management finance Professor Scott Stewart, a former long-time Fidelity funds manager, can discuss what the shifts in the Dow Jones composition means to investors. Contact Scott Stewart, 617-353-2353, sstewart@bu.edu

GM files for bankruptcy

It’s official:  Industy icon General Motors has filed for bankruptcy (as Chrysler prepares to emerge from it).  Former Ford Motors executive Louis Lataif, now dean of the BU School of Management, can put the upheavals into context. Contact Louis Lataif, 617-353-2668, lelataif@bu.edu

GM approaches bankruptcy

With bondholder interest too low, GM won’t proceed with the repurchasing of some $27 billiion of notes it sought, meaning it is on the brink of bankruptcy — which should come next week with the U.S. government winding up owning 70 percent of the automaker.  School of Management Dean Louis Lataif, a former Ford senior executive, […]

Bankruptcy for GM?

Speculation is rampant that the U.S. government will force General Moters into bankruptcy as early as next week.  This comes as the Obama administration plans to lift Chrysler out of bankruptcy, also as soon as next week.  School of Management Dean Louis Lataif, a former Ford senior executive, can offer a big-picture perspective on the […]

Ford selling shares to avoid bankruptcy

Ford will offer 300 million common shares to shore up cash reserves, avoid a federal bailout, and keep it out of bankruptcy as its Detroit competitors GM and Chrysler struggle to restructure.  School of Management Dean Louis Lataif, a former Ford executive, can offer strategic perspective on the move. Contact Louis Lataif, 617-353-2668, lelataif@bu.edu