Tiger Woods has lost another sponsor. This time, it’s General Motors, according to reports.
USA Today is reporting that the agreement between Woods and GM that left free vehicles in Woods’ driveway has expired and will not be renewed.
Woods was an endorser of Buick until 2008, but GM let the golfer keep a few vehicles for [...]
WASHINGTON — Wednesday the U.S. Government provided another $3.8 billion cash influx to steady GMAC Financial Services as the financing company deals with big-time losses in its mortgage unit.
The Treasury Department this $3.8 Billion is much less than the $6 Billion previously assumed GMAC needed to stay afloat.
$12.5 billion in taxpayer money is what was [...]
General Motors Co. indicated that it is proceeding with plans to shut down Saab Automotive, but will continue to entertain offers for the Swedish based automobile brand.
A spokesman for General Motors said the car company will not be making any comments on reports that they have extended the deadline for bids. They had previously indicated that [...]
