The Truth About Cars (Free subscription) | yesterday
The evening before Bob Lutz was named Chairman of Opel, he was roasted at an Arthritis Foundation benefit at the Ritz-Carlton in Dearborn. The lead-off hitter was none other than Lutz’s boss, Fritz Henderson, and the inherent awkwardness of a boss roasting his far more charismatic employee made Fritz’s jabs some of the evening’s best. [...]
eGMCarTech (Free subscription) | 11/07/2009
Earlier this week, General Motors surprised German official and labor unions by backing out of plans to sell Opel to Magna International and Russian bank Sberbank. CEO Fritz Henderson said that the Detroit automaker now hopes to get the European government to help it restructure Opel but could use some of its $50 billion it [...]
The Truth About Cars (Free subscription) | 11/05/2009
Transparency. It’s what GM CEO Fritz Henderson promised taxpayers in sworn testimony in front of Congress, post $52 billion bailout (and the rest). As TTAC pointed out previously, bullshit. After not releasing the dead dealer list promised to Senator Jay Rockefeller, the nationalized automaker is now proud to announce that it’s beating its targets—without revealing [...]...
Leftlane (Free subscription) | 11/06/2009
General Motors has only been clear of bankruptcy for a few short months, but the Detroit automaker says it is already outperforming previously set targets. General Motors emerged from bankruptcy on July 10th with the help of a $50 billion government loan. Speaking with Automotive News, GM CEO Fritz Henderson revealed that GM is outperforming [...]
People Daily (Free subscription) | 11/06/2009
At the new GM, the buck now stops with the board. The surprise decision by General Motors Co to drop a plan supported by Chief Executive Fritz Henderson to sell the company's Opel unit has raised new questions about the standing of the veteran GM insider after just six months on the job. "It isn't clear who is running GM," said Peter Morici, a professor at the Robert H. Smith...
Detroit Free Press (Free subscription) | 11/05/2009
General Motors isn't planning on another big round of buyouts to meet 2009 U.S. hourly headcount reduction goals, CEO Fritz Henderson indicated today.
eGMCarTech (Free subscription) | 11/05/2009
General Motors is thus far out performing the estimates of their own viability plan that was conceived before their June bankruptcy, according to Automotive News . “I’m not going to get into whether we’re generating cash or not generating cash, but I would certainly say the situation is more stable than what the outlook was even just two months ago,” Henderson told the press. The plan as it...
Eco Friendly Mag (Free subscription) | 11/03/2009
Editorial: Henderson’s fuel cell 10X cost comments are out of context Filed under: EV/Plug-in, Hybrid, Hydrogen, GM, AutoblogGreen Exclusive The other day we reported on an interview with General Motors CEO Fritz Henderson published in the Washington Post. While most of the discussion focused on the bailout and bankruptcy, from the perspective of this site, the main [...]...
AutoblogGreen (Free subscription) | 11/02/2009
Filed under: EV/Plug-in , Hybrid , Hydrogen , GM , AutoblogGreen Exclusive The other day we reported on an interview with General Motors CEO Fritz Henderson published in the Washington Post . While most of the discussion focused on the bailout and bankruptcy, from the perspective of this site, the main items of interest were Henderson's responses to questions relating the to the...
The Truth About Cars (Free subscription) | yesterday
When GM’s Fritz Henderson called Magna chief Siegfried Wolf and told him that GM had an irreversible case of seller’s remorse, Wolf’s flabbergasted counter was: “Are you joking?” Fritz told him he’s dead serious. Opel will stay with GM. Now, all Wolf has left for GM is unsolicited advice: Give more freedom to Opel and [...]
Gasgoo.com (Free subscription) | 3 hours ago
General Motors Co. Chief Executive Fritz Henderson is scrambling to fill a “power vacuum” at its Opel division with a temporary manager, Handelsblatt reported. Henderson is considering appointing Bob Lutz, currently vice chairman at GM, or David Reilly, who previously led the U.K.
habser | yesterday
While we won’t see the full picture until General Motors Co. reveals its third-quarter earnings report later this month, CEO Fritz Henderson claims that its situation is “more stable than what the outlook was even just two months ago.” Last April, GM outlined its earnings viability plan and now, Henderson is claiming that GM is outperforming the targets that it
Web Wonderings (Free subscription) | yesterday
Plugs and Cars: GM CEO: FCVs 10X more expensive than electric : "GM CEO Fritz Henderson sat down with reporters and editors from the Washington Post yesterday. No real news on the Volt, but his comments on Fuel Cell Vehicles should cause a stir. Anyone at CARB in Sacramento paying attention? Post: Is GM pulling back on its hydrogen car? Henderson: 'Are we putting resources...
Autoblog (Free subscription) | yesterday
... GM exec Nick Reilly will lead the Opel and Vauxhall units until a replacement can be found. GM CEO Fritz Henderson said in a statement that the hunt is on for a new Opel CEO and that no other management moves were imminent. Henderson went on to say that Opel improved under Forster, which is a real compliment when you consider that Forster replaced Fritz as head of GM...
Financial Times (Free subscription) | 11/06/2009
Nick Reilly's appointment as head of GM's international operations ranks him right behind Fritz Henderson, chief executive
