Justin Bimmer

When I took my test for Class C, perfect score. When I took my test for my Class B license, I missed 2. When I took my test for class A I missed nothing.

The guy was a white supremest. In California, at least, it is far more expensive to execute than life in prison.

Ok, but do you think it would have been impossible for Lutz to end up at GM without Wagoner?

The last 5 out of the 6 CEOs of GM have pretty much come from the financial side of the company. Fritz, Wags, John Smith, Roger Smith, Tom Murphy (that goes all the way back to 1974) All were financial Bob Stemple was design at Olds. PS - CNBC has named [Roger] Smith as being one of the "Worst American CEOs of All Time".

I think Bob Lutz came to GM for the challenge of trying to turn it around. Lutz is his own person and his arrival was not 100% because of Wagoner.

Fiat closes deal to take bulk of Chrysler's assets Fiat to focus on smaller cars and turns the company into four divisions: Chrysler, Dodge, Jeep, and Mopar. Story Link

By TOM KRISHER and KIMBERLY S. JOHNSON, AP Auto Writers Tom Krisher And Kimberly S. Johnson, Ap Auto Writers – 23 mins ago DETROIT – Italy's Fiat is the new owner of most of Chrysler's assets, closing a deal Wednesday that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat's CEO. The deal creates a leaner company known as Chrysler Group LLC, which is not in bankruptcy protection and is free of billions in debt, 789 underperforming dealerships and burdensome labor costs that hobbled the old Chrysler LLC. Fiat CEO Sergio Marchionne immediately was named CEO of the new company, which said in a statement that it would soon reopen Chrysler factories that were idled during the bankruptcy process, costing the automaker $100 million per day. The new company will focus on smaller vehicles, areas in which Chrysler was weak. "Work is already under way on developing new environmentally friendly, fuel-efficient, high-quality vehicles that we intend to become Chrysler's hallmark going forward," the new company said in a statement. The Italian automaker won't put any money into the deal but will give Chrysler billions worth of small car and engine technology. "We intend to build on Chrysler's culture of innovation and Fiat's complementary technology and expertise to expand Chrysler's product portfolio both in North America and overseas," Marchionne said in a statement. The sale to Fiat SpA marks a victory for the Obama administration, which shepherded Chrysler LLC into Chapter 11 protection on April 30 with the hope that the company would emerge in a matter of months with a new partner. "This morning's closing represents a proud moment in Chrysler's storied history," said the Treasury Department in a written statement. "The Chrysler-Fiat Alliance has now exited the bankruptcy process and is poised to emerge as a competitive, viable automaker." The government will loan the new company $4.7 billion, to be repaid within eight years along with interest and $288 million in fees. The Treasury had given Chrysler LLC $3.3 billion in debtor-in-possession financing to support the company throughout the bankruptcy process. Chrysler LLC remains in bankruptcy court, as it winds down operations, selling plants it doesn't want, dispersing payments to debtholders and settling any other claims that were not transferred to the new company. Those actions could linger until next year, if not longer. The 56-year-old Marchionne, who won acclaim for his turnaround of Fiat, brings a different style to Chrysler. The year after taking over Fiat in 2004, Marchionne led the company to post its first net profit in five years. He also streamlined its management, burnished the brand with the award-winning update of the Fiat 500 and entered a series of strategic alliances to share costs and enter new markets. In his first move at the new Chrysler, Marchionne made significant management changes Wednesday, including the appointment of Jim Press as deputy CEO and adviser to help with the management transition. Press, formerly Toyota Motor Corp.'s top U.S. executive, joined the old Chrysler shortly after it was taken over in 2007 by private equity firm Cerberus Capital Management LP. Press had been vice chairman and president of the old Chrysler. Chief Financial Officer Ron Kolka will be replaced by Richard Palmer, who was previously CFO for Fiat Group Automobiles. Kolka will head the wind down of the old Chrysler. Chrysler Group will be divided into four divisions, representing the Chrysler, Jeep, Dodge, and Mopar brands. Peter Fong will become president and CEO of Chrysler brand. Michael Manley will become president and CEO of the Jeep brand and Michael Accavitti will assume the same position for Dodge. Pietro Gorlier, of Fiat Group will run the Mopar division. Scott Kunselman will replace Frank Klegon as senior vice president of engineering. Klegon has said he will retire. In a statement, Marchionne said the organization will be designed to give leaders broad control and increase the speed of decision making. Chrysler CEO Bob Nardelli bid employees farewell in an e-mail obtained by The Associated Press, while Vice Chairman Tom LaSorda already has retired. On Tuesday, Chrysler won its battle to erase its secured debt after the Supreme Court declined to rule on objections to the sale to Fiat from a trio of Indiana pension and construction funds. The Indiana funds, which hold less than 1 percent of Chrysler's $6.9 billion in secured debt, claimed the sale unfairly favors Chrysler's unsecured stakeholders such as the union ahead of secured debtholders like themselves. Supreme Court Justice Ruth Bader Ginsburg decided Monday to delay the sale while studying the appeals. But on Tuesday, the court turned down the opponents' last-ditch bid by declining a hearing on the appeals. Also on Tuesday, Judge Arthur Gonzales approved Chrysler's motion to terminate 789 of its dealer franchises, or about 25 percent of its dealer base. Many of those dealers closed their doors for good on Tuesday, though some will continue to sell used cars or other brands. Chrysler has maintained that the closures are a necessary part of its plan to cut costs. Jim Press, Chrysler's vice chairman and president, told a Senate committee that the poor performance of many of the dealers slated to lose franchises costs the company $1.5 billion in lost sales each year, along with $150 million in advertising and marketing costs and $33 million in administrative costs. The dealers had argued that they cover their own costs and little would be gained by terminating their franchises. Chrysler attorneys said the automaker would extend until Monday its program to help the affected dealers send any unsold vehicles to stores that will remain open. Chrysler's swift passage through about five weeks of bankruptcy proceedings was helped by the involvement of the Obama administration's auto task force, which provided billions in financing and helped negotiate a deal with the company's stakeholders. Under the agreement brokered in the days leading up to Chrysler's Chapter 11 filing, Fiat will receive up to a 35 percent stake in the automaker in exchange for sharing the technology Chrysler needs to create smaller, more fuel-efficient vehicles. The United Auto Workers union will get a 55 percent stake that will be used to fund its retiree health care obligations, while the U.S. and Canadian governments will receive a combined 10 percent stake. Fiat would get 20 percent, with the possibility of up to 35 percent. Meanwhile, the automaker's secured debtholders would get $2 billion in cash, or about 29 cents on the dollar, for their combined $6.9 billion in debt. Some debtholders, including the Indiana funds, balked at the deal, saying as secured lenders they deserved more. The funds also challenged the constitutionality of the Treasury Department's use of money from the Troubled Asset Relief Program, or TARP, to supply Chrysler's bankruptcy protection financing. They say TARP was earmarked for the financial industry and diverted to the auto industry without Congressional authority. Consumer groups and individuals with product-related lawsuits also contested a condition of the Chrysler sale that would release the company from product liability claims related to vehicles it sold before the asset sale to Fiat. Compensation for such claims would have to come from the parts of the company not being sold to Fiat. But those assets have limited value and it's unlikely there will be anything to pay out. ___ Auto Writer Dan Strumpf in New York and AP writer Martin Crutsinger in Washington contributed to this report.

I drove these (not exact car, but almost LOL):

So, i got the right car, by mistake, with the wrong year? 1964 was the high sales year, not 1965? Somebody better change wikipedia. . .

Not much, unless Wagoner went with them.

They should have kept as much independence as possible between the divisions as far as design and keeping competitive and went to a more common engine theme sooner. Also, made sure Fisher Body employees knew they worked for GM.

I miss you bro. Hopefully someday, you can join the teamsters and drive for UPS instead of work in the shipping dept. Tight Whips 4 LIFE!

No, it was 1965. It is the best selling car in one year OF ALL TIME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

High court won't block Chrysler sale Court issues brief, unsigned opinion. Four of nine Justices did not think stay was necessary. Story Link

Best selling GM vehicle for one year ever. Over a million sold.

Easy

It is an internet explorer 8 problem. Try using compatibility mode in IE8

The second one because I dont like how the Mill City starts out over black and then hangs over white at the end of the word. Looks unbalanced.

I feel bad for these people. But, it just made me think of this when I saw it on the front page of Yahoo. . .

http://news.yahoo.com/s/ap/20090609/ap_on_...ilding_collapse GARNER, N.C. – Officials now say only two people are unaccounted for after an explosion at a Slim Jim meat products plant in North Carolina. Emergency Medical Services official Jeffrey Hammerstein says a third person initially declared missing was found and went to the hospital along with 20 other people. He says authorities were still searching for two others but it wasn't clear whether they were inside the building. Hammerstein said five injured people were tagged as priority patients with serious conditions. Several workers reported hearing an explosion before the collapse, and Garner Mayor Ronnie Williams says injuries ranged from burns to smoke inhalation. Emergency crews were keeping people away because of an ammonia leak.

The Cadillac dealer in Fresno sucks. They really don't care. Most of their inventory is stored at their Toyota store across the street.

Former AT&T CEO to Become New GM Chairman Edward Whitacre Jr., 67, eventually will replace Kent Kresa, who will remain GM's interim chairman until the reorganized automaker emerges as a new company that's majority-owned by the U.S. government. Story Link

It seems to me like GM has been negotiating out of court for this reason. To try and prevent something like this from springing up.

U.S. Supreme Court Halts Chrysler Sale to Fiat Indefinitely Indiana State Pension Fund's request is granted by Justice Ginsburg to stop the sale for an unknown length of time. Story Link

http://news.yahoo.com/s/ap/20090608/ap_on_..._court_chrysler WASHINGTON – Supreme Court Justice Ruth Bader Ginsburg on Monday delayed Chrysler's sale of most of its assets to a group led by Italy's Fiat, but didn't say how long the deal will remain on hold. Ginsburg said in an order that the sale is "stayed pending further order," indicating that the delay may only be temporary. Chrysler LLC has said the sale must close by June 15, or Fiat Group SpA has the option to walk away, leaving the Auburn Hills, Mich., automaker with little option but to liquidate. A federal appeals court in New York approved the sale Friday but gave opponents until 4 p.m. EDT Monday to try to get the Supreme Court to intervene. Ginsburg issued her order right before the deadline. Ginsburg could decide on her own whether to end the delay, or she could ask the full court to decide. It is unclear when she or the court will act. Chrysler said it had no comment until it receives further information from the court. Chrysler claims the agreement with Fiat is the best deal it can get for its assets and is critical to the company's plan to emerge from Chapter 11 bankruptcy protection. But a trio of Indiana state pension and construction funds, which hold a small part of Chrysler's debt, have been fighting the sale, claiming that it unfairly favors Chrysler's unsecured stakeholders ahead of secured debtholders like themselves. As part of Chrysler's restructuring plan, the automaker's secured debtholders will receive $2 billion, or about 29 cents on the dollar, for their combined $6.9 billion in debt. The Indiana funds bought their $42.5 million in debt in July 2008 for 43 cents on the dollar. The funds also are challenging the constitutionality of the Treasury Department's use of money from the Troubled Asset Relief Program to supply Chrysler's bankruptcy protection financing. They say the government did so without congressional authority. Consumer groups and individuals with product-related lawsuits also are contesting a condition of the Chrysler sale that would release the company from product liability claims related to vehicles it sold before the "New Chrysler" partnered with Fiat is created. Individuals with claims against "Old Chrysler" would have to seek compensation from the parts of the company not being sold to Fiat. But those assets have limited value and it's doubtful that there will be anything available to pay consumer claims. The appeals come as Congress intensifies its scrutiny of the Obama administration's government-led restructuring of Chrysler and General Motors Corp. The Senate Banking Committee said it planned to call Ron Bloom, a senior adviser to the auto task force, and Edward Montgomery, who serves as the Obama administration's director of recovery for auto communities and workers, to a hearing Wednesday. Sen. Christopher Dodd, D-Conn., the committee's chairman, planned to review the use of TARP funds to help the auto companies and look at whether taxpayers will receive a return on their investment. GM and Chrysler executives faced questions last week from Congress over the elimination of hundreds of dealerships as part of the companies' reorganizations.