Articles About GM

President Barack Obama and the nation’s predominant automakers have agreed to increase new vehicles’ fuel mileage.  The major way to accomplish this is to reduce the size of vehicles.  By 2025, the Corporate Average Fuel Economy (CAFE) must be 55.4 mpg for cars.  That’s up from the 2009 Obama mandate of 35.5 mpg by 2016. […]

Venerable Swedish automaker Saab is unable to pay its employees and is likely headed into bankruptcy.  Saab and Zeewolde, Netherlands-based owner Swedish Automobile NV, are in talks to raise cash, the company said.  Options include selling and leasing-back the factory in Trollhaettan, Sweden.  “There can however be no assurance that these discussions will be successful […]

Sovereign wealth funds (SWFs) have been closely watching the credit crisis evolve, according to a Deloitte LLP report.  The good news is that they haven’t entirely lost their taste for American commercial real estate. Consider that two of 2008’s highest profile transactions were the Abu Dhabi Investment Authority’s $800 million acquisition of the iconic Chrysler […]