GM Ceases Corporate Jet Operations, Wagoner Will Drive a Malibu to DC...

Bowing over to the harsh criticism from Congress for the use of corporate jets, GM is following in the footsteps of Ford that announced the sale of its five corporate jets in its new business plan. In a statement issued today, GM said that it will cease operations at General Motors Air Transportation Services (GMATS) at Detroit Metro Airport. "Due to significant cutbacks over the past months, GM travel volume no longer justifies a dedicated corporate aircraft operation.GM is currently exploring options for transferring its aircraft to another operator. The company is pursuing sale of four of the aircraft so it can terminate the leases," said GM in a statement.

Moreover, General Motors Corp. spokesman Tony Cervone announced today that GM CEO Rick Wagoner has chosen to drive to Washington for a Congress hearing later this week on the proposed auto bailout. Wagoner will perform the 519-mile trip from Detroit to Capitol Hill in a Chevrolet Malibu hybrid sedan. According to Google maps, it will take Wagoner approximately 8 hours and 50 minutes to travel from GM's HQ in Detroit to Washington DC.