Mark Reuss remembers the day, 20 years ago, when his father’s career was blindsided. Reuss had a tuxedo hanging in his car to wear that night to a long-planned event honoring his father’s 35-year career at General Motors Corp. when his mother called.
General Motors Co., taking aim at competitors in the full-sized truck category, plans to unveil the GMC brand’s version of its new midsized truck that offers drivers towing power at a lower cost than larger vehicles.
General Motors Co. is free from U.S. taxpayer ownership almost half a decade after first receiving government aid, underscoring the domestic auto industry’s rebound from the deepest downturn since the Great Depression.
As Mark Reuss, General Motors Co.’s North America president, entered his first State Fair of Texas yesterday, he could see what GM is up against in a crucial battleground state for full-size pickup sales.
General Motors Co. named Mary Barra to succeed Dan Akerson as chief executive officer, completing the GM insider’s rise from a factory-floor worker to the industry’s first female CEO after more than a century of global automaking.
A profitable General Motors Co. is poised to shake off a half decade of U.S. government oversight next month, underscoring the comeback of a once-moribund industry and gaining leeway over a $26.8 billion cash pile that it can use to lure talent while weighing a dividend.