Monday, August 27, 2012

GM shuns political poster child role, bans candidate visits until after Election Day

GM, saved by federal loans a few years ago, desperately wants to avoid becoming the centerpiece of campaign rhetoric. So it has banned candidates from its plants at least until after Election Day, Nov. 6, despite the fact that the U.S. Treasury remains its largest shareholder. - Detroit Free Press

The president's campaign is expected to make the auto bailout a key element of the Democratic National Convention during the first week of September in Charlotte, N.C.

GM suspending Chevrolet Volt output due to slow sales - USA Today