GM's tag archives

A Crisis Emerging

"There’s been a lot of talk about the recall." Jim Lentz has his hands full lately thanks to his title of President and Chief Operating Officer (COO) of Toyota Motor Sales, U.S.A. Inc. If you've watched or read the news via any credible media outlet the past couple of weeks, it's been hard to ignore the catastrophic Quality Assurance (QA) falters of Toyota Motors. To date, 11, yes, 11 Toyota vehicles have been issued recalls, and the Transportation Secretary Ray LaHood even has gone as far as t...

GM Stock Now a Joke

Will there be a Sequel for General Motors Corporation (GM)? Its stock dipped to dangerously low levels today, trading under $3 for a short period before closing at $3.06 for the day. Investors are concerned over the looming possibility of bankruptcy as GM’s cash balance nears below the needed amount to operate month-to-month. Updated 11/26/08 - with stock chart YTD: General Motors Corporation’s (GM) stock has seen dropped significantly Year-To-Date (YTD), trading as of press time between $4 an...