Congress created tax break to fuel economic recovery

12:01 am U.S. ET | Dec. 2, 2013
During and after the 2008-09 recession, Congress enacted dramatically higher limits to the Section 179 depreciation tax deduction of business assets.... Read More »


The long and short of it: Hummer, Smart top list of embarrassments

12:01 am U.S. ET | Aug. 12, 2013
The tiny Smart ForTwo was the winner -- meaning loser -- in a recent highly unscientific poll that asked 1,500 respondents to pick from a list of 12 possibilities the car that would be "embarrassing to be seen in."... Read More »



'I wish we still had Hummer'

12:01 am U.S. ET | May 6, 2013
Peter Brown called the Hummer brand unnecessary. I wish we still had Hummer or a Hummer model to compete with Jeep.... Read More »


GM seen planning global reorganization to tackle 'fiefdoms'

Aug. 17, 2012 10:34 CET
GM CEO Dan Akerson is planning a reorganization of the automaker that would move it away from long-entrenched regional authority toward a structure built on global functions, said two people familiar with the planning.... Read More »


GM wooing its orphan owners

12:01 am U.S. ET | March 19, 2012
One morning last week a dozen or so vehicles streamed into the service drive at Sellers Buick-GMC in suburban Detroit. They were all Saturns. The Buick-GMC store is one of hundreds of dealerships GM had designated as authorized Saturn service providers in 2009, after GM killed the quirky brand with the loyal following. GM killed Pontiac and Hummer at about the same time. Today those authorized service dealerships are on the front lines of GM's battle to keep those customers in the GM family.... Read More »


Saab takeover supported 'in principle' by Chinese minister

Nov. 1, 2011 11:55 CET
China's Minister of Industry and Information Technology said he supported "in principle" the planned purchase of Saab by Chinese firms Pang Da and Youngman, the first official indication on how Beijing might react to the rescue plan announced on Friday.... Read More »



Store needn't disclose minor repairs

12:01 am U.S. ET | Sept. 5, 2011
A California appeals court has ruled that a Los Angeles-area dealership didn't violate state law by failing to tell a buyer that his new Hummer had been vandalized in an eco-terrorism attack and repaired. The Court of Appeal rejected the plaintiff's attempt to rescind the purchase of a $69,587 2003 Hummer H2 and to collect damages under consumer protection and other laws.... Read More »


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