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fritz henderson

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Goals For GM's New CEO
Fritz Henderson, the new CEO of General Motors, discusses whether 60 days is enough time to turn the company around. Henderson also tells Katie Couric what it's like in the hot seat.
Tags: General Motors Corp., CEO, MoneyWatch, CBS News, CBS Evening News, Katie Couric, Fritz Henderson, GM, Rick Wagoner, Big 3, Bailout
Videos 2009-03-30

Additional Resources

Senate OKs cash-for-clunkers bill
DETROIT -- The Senate passed a pared-down version of the so-called cash-for-clunkers program Thursday that will give rebates to new car buyers who turn in older, less fuel-efficient models and that supporters are hopeful will kick-start the anemic car market. The program, offering $3,500 or $4,500 cash vouchers, was inserted...
Articles 2009-06-19
GM preparing for high oil prices: chief executive
DETROIT, Michigan AFP — General Motors is preparing for oil prices as high as 130 dollars a barrel once the world economy recovers and will develop more electric cars and biofuels, GM's top executive said Wednesday. "We're planning for oil in the 100 dollars per barrel to 130 dollars per...
Articles 2009-06-18
Government's GM help comes with some strings
DETROIT -- Facing increasing skepticism over the government's involvement in General Motors, CEO Fritz Henderson admitted Wednesday the automaker is dealing with the government on a daily basis, but says that will likely ease once the company emerges from bankruptcy court protection. The government, which is investing $30 billion in...
Articles 2009-06-18
Taking the GM wheel
By Jan Biles THE CAPITAL-JOURNAL The former chief executive officer and chairman of AT&T Inc. who will head General Motors Corp.'s board after the automaker emerges from bankruptcy protection has ties to Topeka. Edward Whitacre Jr., 67, was president of the...
Articles 2009-06-12
On the Web.(NEWS)
This week at autonews.com: * Monday: See automakers' latest U.S. incentive programs at autonews.com/spiffs. * All week: The latest on the auto bankruptcies. Among last week's Web highlights: * Fritz Henderson's inside take on saving GM....
Articles 2009-06-08
Automakers say dealers must go
WASHINGTON -- Partners no more, bankrupt automakers and small- town car dealers who are being stripped of their livelihood brought the anguish of their sinking fortunes into the halls of Congress on Wednesday and sparred over the companies' plans to slash franchises nationwide. "This is our last...
Articles 2009-06-04
Fritz Henderson and Aneesh Chopra to Address The National Summit
DETROIT, June 4 /PRNewswire/ -- Fritz Henderson, President and CEO, General Motors Corp., and Aneesh Chopra, Chief Technology Officer of the United States, will address The National Summit, it was announced today. The National Summit will bring the country's leaders together June 15-17 in Detroit to discuss and...
Articles 2009-06-04
Fritz Henderson and Aneesh Chopra to Address The National Summit
To: NATIONAL EDITORS Contact: Matt Friedman, +1-248-626-0006,mfriedman@tannerfriedman.com, for the Detroit Economic Club DETROIT, June 4 /PRNewswire/ -- Fritz Henderson, President andCEO, General Motors Corp., and Aneesh Chopra,Chief TechnologyOfficer of the United States, will address The National Summit, itwas announced today. The National Summit will bring the countrysleaders together June...
Articles 2009-06-04
GM, Chrysler defend dealer cuts
General Motors CEO Fritz Henderson and Chrysler President James Press had to defend efforts to trim their dealer networks and other moves before the Senate Commerce Committee on Wednesday. Chrysler has given 789 dealers until Tuesday to close up shop. General Motors has given more than 1,000 dealers until late...
Articles 2009-06-04
U.S. business, culture show big tire prints
General Motors' bankruptcy is the fourth-biggest, measured by assets just before filing for Chapter 11 protection, but it's No. 1 in symbolism: An American icon throws in the towel. The inventor of the car payment, the tailfin and planned obsolescence no longer can hack it. No choice, CEO Fritz Henderson...
Articles 2009-06-02
GM's bankruptcy official
DETROIT -- General Motors filed for bankruptcy at 7:57 a.m. Monday in New York, saying it had no other choice because the Obama administration would only provide it with additional funding in bankruptcy. Now, the 100-year-old automaker begins its historic reorganization to shed billions of dollars...
Articles 2009-06-01
White House: General Motors to file for bankruptcy
WASHINGTON -- General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection on Monday in a deal that will give taxpayers a 60 percent ownership stake and expand the government's reach into big business. ...
Articles 2009-06-01
After the fall: Fritz's future; A proven cost-cutter, Henderson must drive revenue, too.(NEWS)
Byline: Dave Guilford As tough as it is to restructure General Motors, the biggest test for CEO Fritz Henderson will come afterward. Henderson has shown the skills and temperament to cut costs, hack away dead wood and run the high-stakes...
Articles 2009-06-01
Fate of NUMMI plant still uncertain
With both its corporate parents reeling from the global recession, the fate of the 25-year-old, pioneering New United Motor Manufacturing venture in Fremont remains shrouded in uncertainty. The huge auto plant, a joint venture between General Motors and Toyota that produces hundreds of thousands of cars and...
Articles 2009-05-31
Cash could help save Vauxhall
BUSINESS Secretary Lord Mandelson said the Government had "not ruled out" a financial contribution to help secure the future of car maker Vauxhall, a report said today. The Cabinet member reportedly held "substantial telephone conversations" yesterday with the bosses of Vauxhall's parent companies. He spoke to...
Articles 2009-05-27
GM, Chrysler hail Obama auto emissions initiative
NEW YORK AFP — US government-supported auto giants General Motors and Chrysler have reacted positively to news President Barack Obama aims to improve vehicle fuel economy and lower greenhouse gas emissions with dramatic new standards. "Energy security and climate change are national priorities that require federal leadership and the president's...
Articles 2009-05-18
Clues from Chrysler: What's ahead for GM.(NEWS)(General Motors)
Byline: Dave Guilford General Motors CEO Fritz Henderson generated global headlines last week when he conceded that bankruptcy is increasingly probable for GM. But the prospect of a GM bankruptcy isn't as mysterious as it was two weeks ago. Chrysler...
Articles 2009-05-18
Bankruptcy 'more probable' than not at GM: chief
CHICAGO AFP — General Motors' chief executive said Monday that a bankruptcy filing appears increasingly likely as the auto giant struggles to radically restructure. "Given the objectives that we've set for ourselves it's more probable that we need to accomplish our goals in a bankruptcy," chief executive officer Fritz Henderson...
Articles 2009-05-11
Chrysler's Chapter 11 opens door for GM's
DETROIT -- Chrysler's bankruptcy filing may have an unintended consequence: It could bump cross-town competitor General Motors into Chapter 11. After the government proved it's willing to let an automaker go into bankruptcy -- and suffer the supply-chain and customer loyalty risks that go along with that -- little could...
Articles 2009-05-05
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