Monday, September 13, 2010

Bankrupt GM owes Enterprise Rent-A-Car, Maritz millions - Houston Business Journal:

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billion in revenue in 2008. GM had promiseds to buy back $33 million in vehicleds from Enterprise as part of a repurchaseagreement that'sa similar to a lease, said Christuy Conrad, a spokeswoman for Enterprise. "We have a good workinyg relationship with GM and have received assurancesz that the manufacturer will honorthe agreement," she GM also owes Maritz Inc. in Fentoh more than $25.6 million, according to the GM hire d Maritz to perform customerr satisfaction researchand surveys, as well as training for dealerw to boost customer satisfaction. Maritz also providezs event and incentive programsfor GM.
"Maritsz leadership has been in close contact with GM throughout its reorganizationnplanning process," said Beth Rusert, a spokeswomab for Maritz. "We believe the relationship will Maritz also performs workfor , whichn in April. Maritz continues to receive payments from Rusert said. Maritz, a family-owned sales and marketing services company in reported $1.49 billion in revenue in 2008.
GM, which makes Chevroletf Express and GMC Savana vansin Wentzville, listed $173 billio n in liabilities and $82 billion in assets in its bankruptcy

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