﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>General Motors news stories on Newser</title><description>Read more General Motors stories on Newser</description><link>http://www.newser.com/taggrid/1744/general-motors.html</link><copyright>2009 - Newser</copyright><language>en-us</language><generator>Newser Feed Generator</generator><pubDate>Tue, 24 Nov 2009 10:23:22 CST</pubDate><item><guid isPermaLink="true">http://www.newser.com/story/74120/46-bailed-out-firms-behind-on-repaying-us.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>46 Bailed-Out Firms Behind on Repaying US</title><description>A whopping 46 of the banks the government bailed out last year are behind on their payments, with some going belly-up despite the rescue. The largest so far, CIT Group, is in bankruptcy court today hoping to wipe out the $2.3 billion it owes Uncle Sam, and analysts tell...</description><link>http://www.newser.com/story/74120/46-bailed-out-firms-behind-on-repaying-us.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Mon, 16 Nov 2009 7:38:34 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/74099/gm-to-repay-bailout-early-posts-smaller-12b-loss.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>GM to Repay Bailout Early, Posts (Smaller) $1.2B Loss</title><description>General Motors will start repaying its $6.7 billion debt to the US and Canadian governments early, with $1.2 billion quarterly payments beginning next month, reports the Detroit News . The accelerated repayment plan is a strong indication that finances are looking up for the troubled automaker, which today posted...</description><link>http://www.newser.com/story/74099/gm-to-repay-bailout-early-posts-smaller-12b-loss.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Mon, 16 Nov 2009 6:48:25 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/74030/obamas-ego-needs-its-own-zip-code.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Obama's Ego Needs Its Own ZIP Code</title><description>The budget deficit hasn’t been the only thing ballooning since President Obama took office—the man’s ego is growing by leaps and bounds, moving Jeff Jacoby to wonder, “Was there ever a president as deeply enamored of himself as Barack Obama?” A video message for this week’s Berlin celebrations was...</description><link>http://www.newser.com/story/74030/obamas-ego-needs-its-own-zip-code.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Sat, 14 Nov 2009 12:01:26 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/73244/gm-wont-sell-opel-after-all.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>GM Won't Sell Opel After All</title><description>General Motors backed out today on a deal to sell Opel, its European arm, to a Canadian parts supplier and its Russian banking partners. The GM board’s move reflects an uptick in the auto business, the Financial Times reports, and will also be a blow to the German government, which...</description><link>http://www.newser.com/story/73244/gm-wont-sell-opel-after-all.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Tue, 03 Nov 2009 19:47:32 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/72816/in-congress-535-new-gm-boardmembers.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>In Congress, 535 New GM Boardmembers</title><description>GM might not have realized when it took $58 billion in bailout money that it would now be beholden to members of Congress, who have been acting like 535 new board members as they angle for their constituents' (and their own) interests. Dems and Republicans alike have pressured companies to...</description><link>http://www.newser.com/story/72816/in-congress-535-new-gm-boardmembers.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Thu, 29 Oct 2009 7:02:29 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/72693/pay-czar-cuts-bonuses-but-boosts-salaries.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Pay Czar Cuts Bonuses, But Boosts Salaries</title><description>Base pay will increase for the majority of top execs in the finance and auto firms supervised by federal pay czar Kenneth Feinberg. Salaries are being bumped up—by hundreds of thousands of dollars in some cases—as bonuses and other perks are slashed. Despite the salary hikes, all 136...</description><link>http://www.newser.com/story/72693/pay-czar-cuts-bonuses-but-boosts-salaries.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Wed, 28 Oct 2009 1:24:23 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>50% Pay Cuts for Bailout Execs Due Today</title><description>The Treasury Department today is expected to order seven companies that have not paid back last year's US government bailouts to halve their top executives' average compensation. The cuts apply to the 25 highest-paid executives at banks and other companies that received the most assistance, with salaries being slashed by...</description><link>http://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Thu, 22 Oct 2009 9:40:58 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/72253/pay-czar-slashes-top-salaries-at-7-bailed-out-firms.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Pay Czar Slashes Top Salaries at 7 Bailed-Out Firms</title><description>President Obama’s pay czar will cut compensation for the 25 highest-paid employees at seven companies that took large amounts of government aid. The 175 executives will face salary reductions of 90%, but with other compensation elements added in, the total reductions average 50%. Ken Feinberg also will require the seven...</description><link>http://www.newser.com/story/72253/pay-czar-slashes-top-salaries-at-7-bailed-out-firms.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Wed, 21 Oct 2009 15:53:35 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/72246/rattner-why-i-fired-gms-wagoner.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Rattner: Why I Fired GM's Wagoner</title><description>Barack Obama's former car czar says he had no choice but to fire GM's Rick Wagoner. "Everyone knew Detroit's reputation for insular, slow-moving cultures," Steven Rattner writes in an essay for Fortune . "Even by that low standard, I was shocked by the stunningly poor management that we found, particularly at...</description><link>http://www.newser.com/story/72246/rattner-why-i-fired-gms-wagoner.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Wed, 21 Oct 2009 15:33:02 CDT</pubDate></item></channel></rss>