Automobile industry
Arthur Griffiths, a renowned broadcasting and sports mogul, has revised his takeover bid for the Vancouver Canucks National Hockey League team. The revised offer includes a significant development - a corporate sponsor for the team's new home, General Motors Place. The sponsorship agreement, announced yesterday, has sparked both
Automobile industry
Saturn, the upstart auto maker created by General Motors in 1990 to compete with Japanese manufacturers, has been facing significant challenges in recent years. Despite its initial success in capturing a loyal customer base and pioneering innovative marketing strategies, Saturn is struggling to grow and maintain profitability. The company'
Automobile industry
Despite reporting its first profit in four years, General Motors Corp.'s executive pay is surprisingly lean, especially when compared to other major auto makers. J. F. Smith, the company's CEO and president, received a base salary of $1.38 million in 1993, which is nearly double
Automobile industry
A study by J.D. Power and Associates has crowned Cadillac the most dependable car among those built in 1989, based on responses from 22,000 car owners. The study found that Cadillac had the lowest average number of problems, followed closely by Mercedes-Benz, Audi, Buick, Acura, BMW, and Honda.
