GM’S GIRSKY PAID $1.4M IN ATTEMPT TO SAVE SATURN

By Mark Kleis According to recently revealed documents as a result of General Motors’ IPO filing with the SEC, it has been confirmed that Stephen Girsky was compensated $1.4 million for consulting work aimed at saving the Saturn brand. Prior to joining GM as a member of the adviser board, analyst Stephen Girsky was approached by the […]

Detroit 3 Closing Worker Pay Gap with Foreign Competitors

By Phil Alex Sean McAlinden, an economist working for the Center for Automotive Research, says that due to shifts in UAW retiree / health planning US auto manufacturers may end up with a labor-cost advantage in the next few years. GM is used as the prime example. Here’s a look at the timeline: In 2007, […]

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