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US: Buffet shuns activist implication in GM management board


Berkshire Hathaway Chief Executive Warren Buffett, one of the best-known US billionaire entrepreneurs and among others one of the biggest stakeholder in General Motors questioned the recent drive to change the automaker’s management board competence. Buffet specifically referenced former US auto task force member Harry Wilson’s drive – together with partnering hedge funds – to get a seat on the company’s ...
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More General Motors articles

Recall roundup: Cadillac ATS and Chevrolet Impala for two separate issues
The NHTSA has added two recalls from General Motors for the Cadillac ATS and the Chevrolet Impala because of two separate issues. The 2013 to 2015 Cadillac ATS is the subject ...
After Indonesia, General Motors reshapes strategy in Thailand, as well
Last week the third largest automaker in the world and the biggest in the US, General Motors, announced it would cease manufacturing GM-branded vehicles in Indonesia and immediately after it ...
Brazil: GM plant strike ends after union coerces the company to axe layoff plans
Workers at a General Motors auto assembly facility in Brazil returned to work after a six-day standoff with the company after the latter decided to end plans to ay off ...
GM could prepare a new truck by the name “Badlands”
Here’s an interesting piece of news: a recent US Patent and Trademark Office filling has revealed the proposed name for a new General Motors truck – with the largest US ...
GM decides to pull the plug on Indonesian factory, cutting 500 jobs
General Motors, the largest US automaker and the third biggest in the world announced recently it decided to close its production operations at a local plant in Indonesia, ceasing output ...
GM receives 33 new ignition switch compensation claims
Our weekly report on the progress of the General Motors ignition switch compensation program is here, with 33 new compensation claims received last week, according to the office of the ...
US: UAW’s president believes GM share buyback plan would be premature
United Auto Workers President Dennis Williams sits in an interesting position – the union indirectly has control over the biggest single chunk of General Motors shares. This is why Williams, in ...
GM surprised by Brazilian factory walk out
A strike at its Brazilian car plant took the largest US automaker – and the third biggest in the world – General Motors, by surprise late on Friday as workers ...
US: UAW president wants increased salaries nut plans to help auto companies remain competitive
United Auto Workers President Dennis Williams believes that if automakers decided not to hike base wages of their plant workers they would commit an "injustice" – building pressure for the ...



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