GM launching new marketing campaign to push out its remaining Saturn inventory

tryme submitted on 11/6/2009 Official Bell & Ross Timestamp: 10:29:51 AM

To push out the remaining Saturn inventory, General Motors Co. is launching a new marketing campaign and a set of incentives. GM hopes to be able to wind down the brand within three months, according to Susan Docherty, GM’s vice president of U.S. sal...

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GM’s restructuring plan for Opel will be similar to Magna’s

tryme submitted on 11/6/2009 Official Bell & Ross Timestamp: 8:35:50 AM

General Motors Co.’s restructuring plan for Opel now falls into place. The plan is said to be similar to what had been proposed by Magna International Inc. for the company, according to John Smith, GM’s group vice president of corporate planning and ...

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Report: Bmw sees fragile market rebound after Q3 miss

tryme submitted on 11/5/2009 Official Bell & Ross Timestamp: 12:50:54 PM

BMW AG gives a tepid outlook for the auto markets. BMW predicts that the euro would stay strong after third-quarter earnings before interest and tax (EBIT) dropped 86% to 55 million euros (about $80.5 million). Recently, BMW’s shares fell 6.2%, ma...

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