mar 100/perez - blog

There has been a lot of talk lately about the new plant that i wrote previously about.
A few new details. The $359 million dollar plant will make 800 cylinders for the company's Volt while opening 300 job positions in Flint Michigan.

http://www.theautochannel.com/news/2008/09/29/139017.html

video from same site

mar 100/perez - blog

GM has announced that they will begin production in 2010 for a new engine plant in Flint Michigan. There they will be manufacturing four cylinder engines and the company's most anticipated car the Chevrolet Volt and other models in the new plant.

http://business.techwhack.com/4328-gm-flint-michigan

mar 100/perez - blog

GM is losing sales in yet again another one of its main markets China. GM usually number 2 in selling cars in China is being bumped this year by Toyota Motor Corp.


http://online.wsj.com/article/SB122238825587777267.html?mod=googlenews_wsj

mar 100/perez assignment

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mar 100/perez - blog

GM is tryin to sell the Hummer brand thats worth " 2-4 billion dollars" GM continues to review other asset sales and will make more announcements in the fourth quarter.

www.indianexpress.com/news/gm-to-put-hummer-brand-up-for-sale/365767/

mar 100/perez - blog

GM is getting a $122.5 million tax break from the state of Michigan for planned investments of $838 million to build or expand five factories, including a new small-engine plant. The government is being nice to GM to try to save the worlds biggest auto company that happens to be American.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCO4tNQ6UBtE&refer=home

mar 100/perez - blog

The world's largest automaker said today that it would take a pass on the worlds's biggest advertising venue in yet another move aimed at saving money/ GM an "official sponsor" of the NFL and one of the big games's biggest advertisers, said it would confine its promotiona spending to the considerably less expensive and less viewed pre and post game shows.

latimesblogs.latimes.com

i think theat advertising during the superbowl is huge. everybody watches the superbowl guys for the football girls for the commericals. if GM wants to be notice they should advertise during the game not pr or post game shows

mar 100/perez - blog

General Motors Corp. fell 2.3 percent in Germany

http://www.bloomberg.com/apps/news?pid=20601087&sid=avyCscpEwCo0&refer=home

from what ive read GM has claimed to do well in other markets outside of the us. This is a clear indication that they are not.

mar 100/perez - blog

General Motors CEO Rick Wagoner last week offered no guarantee that the auto giant would use American-made batteries in its new electric-powered car, the Chevrolet Volt, even as Detroit automakers pressed for $25 billion in U.S. government loans to support the development of advanced-technology vehicles in this country.

So much for the American car company. made in china or where ever is not made in America! Can GM be leaning to become a better company in another country? if so then why ask The US government for loans.

http://www.chron.com/disp/story.mpl/business/energy/6012607.html

mar 100/perez - blog

GM showed that it is drifting toward greater financial trouble when it drew down on its line of credit yesterday. According to The Wall Street Journal, GM "said it intends to draw down the remaining $3.5 billion of an existing $4.5 billion secured revolving credit facility to boost its liquidity amid uncertainty in the capital markets."

this is yet another example of GM not doing so well i really believe they are depending on the federal loan for the company's survival.

http://www.bloggingstocks.com/2008/09/20/gm-falls-deeper-into-the-hole/print/

mar 100/perez - blog

General Motors Corp. is recalling more than 42,000 Saturn Vue crossovers in North America because of a possible fluid leak that could lead to an engine fire.

http://www.iht.com/articles/ap/2008/09/19/business/NA-US-GM-Recall.php

having a recall on anything to me is unacceptable! there is no reason why this car should be on the market. GM should of seen this problem during the testing stages, before being distributed.

mar 100/perez - blog

GM chairman and chief executive Richard Wagoner Tuesday in Detroit to unveil the production version of the company’s highly anticipated Volt, a plug-in hybrid car that analysts say could save – or further sink – the struggling U.S. automaker

i hate to say that its going to take move than a hybrid car to save this company i believe that this car is more hype than anything. GM wants this car to save its company i just dont know if the car will stand up to the pressure and the hype

http://www.thestar.com/Business/article/501213

mar100/perez - blog

GM celebrated its 100 year officially yesterday. there was a lot of talks about how the company is doing great and they expect to stay around for another 100 years, i just don't see that happening. if they are doing so good why would they be asking for billion dollar loans. there sales in the US so far for this year is less then last year. unless they are fully depending on this loan to change things or they marketing more out side of the US then maybe other than that i think GM's future is not good

mar 100/perez - blog

As the American car company celebrates its 100 anniversary, it seems as though GM is concentrating on its future with China. Being one of there biggest markets, GM is investing a lot of time and money on the new Asian pacific headquarters that plans to open by the end of next year. Here they are hoping to develop more hybrid and electric cars with the 1500 scientist they planning to have aboard.

mar 100/perez - blog

GM will be offering Africa employees a voluntary severance package by the end of this year. GM will have to cut its South African workers by about one thousand people. They are looking to reduce cost.

mar 100/perez - blog

In 2007, 59 percent of GM's vehicle sales were outside the U.S. , and that's already up to 65 percent this year. China, India and Russia, are the three top buyers.

Mar 100/Perez - Assignment #4

GM has many different marketing techniques in which they use to show consumers their products. Recently during the summer Olympics GM air a commercial with Brandi Carlile for the Saturn, Cadillac, Chevy and Pontiac. Also with attention grabbing spokesman like Tiger Woods, GM defiantly have good commercials. And when they want to have their product seen they feature themselves in auto shows like the Los Angeles Auto Show this coming November.

GM's Chief Executive Rick Wagoner has stated that the loan they are seeking will not be a bail out for the detriot automaking company. They need this federal loan to be able to reach government mandate for 40% better fuel efficiency by the year 2020.

Just a moment to remember september 11 2001. i surely will never forget!

As read in a article from the New York Times GM has been said that they will use the proposed 50 billion dollar federal loan to speed up the process of making new electric vehicles, cleaner engines and new manufacturing systems. A spokesman for GM said "the company’s coming Chevrolet Volt electric model would be a prime candidate for federal dollars." These type of cars are thought to be a great solution for our environmental problems.

A top General Motors executive said that they were seeking A proposed $25 to 50 billion federal loan. GM wants to program to help retool the American auto industry. “We think it has a strong chance of passing,” said Nate Bailey, a spokesman for Joe Knollenberg, Republican representative of Michigan. “We’re confident we can get this done before Congress goes on recess.”

GM has extended there employee discount offer to customers until September 30, 2008. they are giving their employee discount to celebrate their 100 year anniversary

As seen yesterday during a commercial while watching Sunday night football, GM's pick up trucks are the lowest cost pick up cars that still have all the perks of all other pick up trucks! this was a good marketing move advertising a pickup truck while men all around the US watch football.

2008 Chevy Tahoe and GMC Yukon Hybrid The first full size hybrid SUVs use an innovative two-mode hybrid technology to deliver a 50% improvement in city fuel economy compared to the conventional 5.3L engine. And still comes along with all the benefits of a full-size SUV. The 2008 Chevy Taho is the 2008 Green Car of the Year

Time equals money, and in keeping with this formula, General Motors today opened a brand-new, state-of-the-art global Powertrain Engineering Development Center that will bring advanced, fuel-saving powertrains to market faster and at less cost by reducing 10 weeks from its powertrain development process

founded in 1908 GM has celebrated its 100 year anniversary this year. Selling cars and trucks in over 33 countries, GM is one of the worlds biggest automakers in the world. With bestseller such as Hummer, Buicks and Cadallaic to name a few; GM is hoping to have more success in the years to come with its market mostly in the united states and china since they haven't been doing too good lately.

This blog is for my marketing class and it will be on GM. Maybe a few other blogs if i get into blogging b/c this is my first time blogging.

1st blog on the right site!