December 2, 2009 at 6:23 pm
Only eight months after General Motors’ new owners — the U.S. government — replaced the old CEO, the GM board canned that CEO in an effort to accelerate paying back taxpayers for the loans that kept the automaker afloat. School of Management Dean Lou Lataif, a former Ford Motor Company senior executive, says the moves […]
August 10, 2009 at 12:34 pm
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 […]
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
June 30, 2009 at 10:32 am
Bailed-out General Motors is in bankruptcy court today seeking permission to sell off its assets to the U.S. Treasury funded Vehicle Acquisition Holdings LLC. School of Management Professor Israel Shaked, a bankruptcy expert, can discuss the process. Contact Israel Shaked, 617-353-2665, shaked@bue.edu
June 26, 2009 at 10:37 am
Reports say Chinese regulators likely will block a Chinese manufacturing firm from purchasing the Hummer franchaise from bankrupt General Motors, in part they say because the gas-guzzling Hummer doesn’t fit China’s energy-saving policies. School of Management Dean Louis Lataif, a former Ford executive, can discuss the ongoing GM situation. Contact Louis Lataif, 617-353-2668, lelataif@bu.edu
June 16, 2009 at 10:17 am
Bankrupt automaker General Motors will sell its Swedish unit, Saab, to a consortium led by Koenigsegg Automotive, makers of high-performance sports cars. GM already has sold Opel and is selling or dumping its Hummer, Saturn, and Pontiac lines. Former Ford executive Louis Lataif, now dean of the School of Management, can discuss the industry’s big […]
Chrysler’s sale to Fiat is in the hands of the Supreme Court which issued a stay while it considers hearing a creditor’s appeal of the deal. School of Management Professor Israel Shaked, an M&A and bankruptcy expert, can discuss what could happen next. Contact Israel Shaked, 617-353-2665, shaked@bu.edu
Auto-parts maker Delphi reportedly will be able to emerge from nearly 4 years in bankruptcy thanks to $2.5 billion in GM bailout money to be used to finance a buyout by a private-equity firm. School of Management Professor Israel Shaked, an expert in M&A and bankruptcy, can comment on the implications. Contact Israel Shaked, 617-353-2665, shaked@bu.edu
General Motors is launching a post-bankruptcy advertising campaign targeting network TV, the Web, and Facebook, with the hook: “We’re not witnessing the end of the American Car. We’re witnessing the rebirth of the American Car.” College of Communication Professor Christopher Cakebread, an expert on controversial ads, can discuss GM’s gambit. Contact Christopher Cakebread, 617-353-3476, ccakebre@bu.edu
Now the major stakes in both General Motors and Chrysler, the United Auto Workers finds itself in an unusual dual role as both the major labor union in the automotive industry and a part owner. School of Management economist David Weil, a labor-relations expert, can discuss this dilemma/opportunity. Contact David Weil, 617-353-4615, davweil@bu.edu
