Edward Whitacre

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GM Boss: We Will Be Profitable in 2010

Whitacre says Chris Liddell an obvious candidate to replace him

(Newser) - Interim GM CEO Edward Whitacre stuck his neck out yesterday, boldly predicting the company taxpayers bailed out last year would turn a profit this year for the first time since 2004. “My prediction is we will be” profitable, he told reporters. “Do we have obstacles in the way?...

GM to Try Money-Back Guarantee

Firm hopes 60-day refund period will rouse sales

(Newser) - General Motors is offering a good old money-back guarantee as a ploy to entice buyers to its showrooms, USA Today reports. Buyers will be able to get a full refund on any new GM model within 60 days of purchase. The automaker plans to announce the refund program in ads...

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