GM's Wagoner takes control of ailing North American unit
Article Abstract:
General Motors Corp. is in a money losing crisis and has appointed Rick Wagoner as Chief Executive Officer of the North American auto unit to turn the company around, replacing Robert Lutz and Gary Cowger. General Motors Corp. shares are down 33 cents to $29.05 on the New York Stock Exchange.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Management dynamics, Executive changes & profiles, Management, Officials and employees, Appointments, resignations and dismissals, Company Profile, Company business management, Wagoner, G. Richard, Jr.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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GMAC reaps $8.8 billion from real-estate unit sale and large loan repayment
Article Abstract:
GMAC Commercial Holding Corp. of the United States has sold a $1.5 billion stake and $7.3 billion in loan repayment. The divestment in the real estate unit is to aid the turnaround at General Motors Corp. North American automobile operations.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Company overview, GMAC Commercial Holding Corp.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Subjects list: United States, Finance, General Motors Corp., GM, Transportation equipment industry, Company financing
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