Bloomberg report that the new GM board are getting for the first time in the normal course of business since exiting bankruptcy.
Aug. 3 (Bloomberg) — General Motors Co.’s 13-member board, overhauled with 7 new directors after bankruptcy, will review bids for the Opel brand as part of its first meeting beginning today, people familiar with the planning said.
The two-day gathering in Detroit includes a discussion of asset sales, committee assignments and company goals, said the people, who asked not to be identified because the talks are private. Directors also will receive a product overview at GM’s technical center and test-drive vehicles, the people said.
The probably won’t be test driving the new Saab 9-5 in that tranche of new vehicles, but here’s to hoping that Saab is one of the asset sales they get around to talking about.
With GM out of bankruptcy and the Swedish summer holiday coming to a halt, things need to get moving. Is it just me, or have we all been in this state of suspended animation way too long?
If you see a bunch of Koenigsegg executives and lawyers hanging around in Motor City, say hi to them for me and plead with them to get a move on, eh?