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GM CEO to Discuss Labor Woes with Korean’s President Park Geun-hye


GM CEO Dan Akerson said that the automaker will not pull out of South Korea, but it will soon discuss labor woes with South Korean's President Park Geun-hye. Last month Akerson said that he might consider transferring production from South Korea if tensions between South and North Korea will increase. This decision angered the union, therefore the annual wage talks are ...
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Dan Akerson Confident That GM Will Meet Federal Fuel-Efficiency Target
GM’s CEO Dan Akerson said he is confident that the automaker will manage to meet the federal fuel-efficiency target for 2025. Dan Akerson said that what the automaker has to do ...
GM Denies Asking Higher Compensation for CEO Dan Akerson in 2013
Today, February 27th, GM denied it proposed a $11.1 million compensation for CEO Dan Akerson. According to an anonymous source, GM plans $82 million in compensation for 25 executives and Dan ...
GM denies reports about CEO Dan Akerson’s pay rise
General Motors today strongly denied media reports that said the company had requested an increase in CEO Dan Akerson's compensation for 2013. The Detroit News and Bloomberg said on Monday GM was ...
CEO Dan Akerson bought 25,000 GM shares for $662,500
General Motors CEO Dan Akerson bought 25,000 shares of GM stock, according to a filing with the Securities and Exchange Commission. The executive bought the shares at a price of $26.50 ...
It’s war out there: GM adds retired Admiral Michael Mullen to its board
In a rather curious move, General Motors has announced it will add former Joints Chiefs of Staff Chairman Michael Mullen to its board of directors. The addition takes effect on Friday, ...
GM to invest $600 million in Fairfax plant
General Motors announced an investment of $600 million in a new paint shop and stamping press at the Kansas City assembly plant. The Fairfax Assembly plant in Kansas City, Kansas, builds ...
GM considered Mark Reuss for CEO in 2010
GM's North American president, Mark Reuss, was considered for the top job at the U.S. carmaker in 2010 when the board chose Dan Akerson. According to an excerpt from a forthcoming ...
Original Batmobile fetches $4.2 million at Barrett-Jackson auction
The original Batmobile from the 1960s television series has sold at a Barrett-Jackson auction in Scottsdale, Arizona, for $4.2 million. The winning bid was from car collector Rick Champagne from Arizona. ...
GM and VW behind Toyota’s forecasted sales for 2012
General Motors failed to outsell Toyota's forecasted 9.7 million deliveries for 2012, but narrowly exceeded VW Group's sales. GM's 2012 sales rose 2.9 percent to more than 9.2 million vehicles last ...

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