Tom Krisher

December 17, 2009 | Daily Report Online

At his first meeting with General Motors' top executives after being named chairman last summer, Edward Whitacre Jr. candidly, perhaps unintentionally, issued a warning to then-CEO Fritz Henderson."I don't know how to be a chairman and not a CEO," a person at the meeting remembers Whitacre saying. "I'm a guy that likes to be in charge.

By Tom Krisher

5 minute read

November 22, 2010 | Daily Report Online

By Bernard Condon and Tom Krisher

5 minute read

December 05, 2008 | Daily Report Online

DETROIT AP-The worsening U.S. auto sales slump claimed another 2,000 workers Friday as General Motors Corp. announced layoffs at three more car factories.The company said it will cut shifts at car factories in Lordstown, Ohio; Orion Township, Mich.; and Oshawa, Ontario, starting in February due to slowing demand for their products.

By TOM KRISHER

4 minute read

April 16, 2008 | Daily Report Online

DETROIT AP - Delphi Corp. Executive Chairman Steve Miller says the auto parts maker's turnaround plan is generating $20 billion to $30 billion per year in new business that will be an engine of growth for the company when it exits bankruptcy protection.Leaving Chapter 11 will take more time, however. In the face of declining U.

By TOM KRISHER

5 minute read

May 11, 2009 | Daily Report Online

By TOM KRISHER

6 minute read

April 29, 2009 | Daily Report Online

By Tom Krisher

6 minute read

April 29, 2008 | Daily Report Online

Scott Piechocinski roamed the rows of a CarMax dealership in Charlotte, N.C., on a recent afternoon, searching for something small to replace his son's 2001 Nissan Pathfinder sport utility vehicle.He's not alone: As gas prices marched higher and now top $3.50 per gallon across the nation, car buyers across the country increasingly are abandoning SUVs and pickups in favor of smaller crossovers and cars.

By DEE-ANN DURBIN and TOM KRISHER

5 minute read

February 01, 2010 | Daily Report Online

WASHINGTON AP - Toyota Motor Corp. said Monday its dealers should get parts to fix a sticky gas pedal problem by the end of this week as the automaker apologized to customers and tried to bring an end to a recall that has affected 4.2 million vehicles worldwide.The company said in a statement that it has begun shipping parts and is training dealers on the repairs.

By KEN THOMAS and TOM KRISHER

6 minute read

July 09, 2009 | Daily Report Online

DETROIT AP - The path is now clear for General Motors Corp. to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market.On Thursday, a judge's order allowing GM to sell most of its assets to a new company went into effect, despite a last-minute appeal by plaintiffs in a product liability case.

By TOM KRISHER

3 minute read

February 09, 2009 | Daily Report Online

DETROIT AP - General Motors Corp. is in talks with its former parts arm Delphi Corp. about taking back some Delphi factories that make key parts for GM vehicles, a person familiar with the negotiations said Monday.Troy, Mich.-based Delphi has been operating under Chapter 11 bankruptcy protection for more than three years, and like many suppliers is struggling with the shrinking U.

By TOM KRISHER

4 minute read