Steven Rattner

GM halted SUV production in Ryan's hometown before Obama took office

5:19 am U.S. ET | Aug. 31, 2012
In his speech accepting the Republican vice presidential nomination this week, Representative Paul D. Ryan of Wisconsin attacked President Barack Obama over the closing of a General Motors factory in Ryan's hometown. The only rub is that the factory stopped making GM vehicles while George W. Bush was still president.... Read More »

 

GM directors praise CEO Akerson; say he must fix Europe unit

June 11, 2012 13:19 CET
GM directors praised Dan Akerson's performance as CEO while saying he must now fix the automaker's European operations and begin grooming a successor. Akerson's legacy -- and the board's -- will be shaped in large part by whether he's successful in turning around GM's European operations. Analysts have estimated it will cost at least $1 billion to restructure GM's German unit, Opel, and it may take years to stop the losses.... Read More »