Sunday, March 11, 2012

Bankrupt GM owes Enterprise Rent-A-Car, Maritz millions - St. Louis Business Journal:

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billion in revenue in 2008. GM had promised to buy back $33 millionj in vehicles from Enterprise as part of a repurchase agreement that's similar to a lease, said Christy Conrad, a spokeswomamn for Enterprise. "We have a good working relationshipl with GM and have received assurances that the manufacturerf will honor the she said. GM also owes Maritzs Inc. in Fenton more than $25. million, according to the GM hired Maritz to perform customer satisfaction researchand surveys, as well as trainingt for dealers to boost customer Maritz also provides event and incentive programw for GM.
"Maritz leadership has been in close contacg with GM throughout its reorganizationplanningh process," said Beth Rusert, a spokeswomajn for Maritz. "We believe the relationship will continue." Maritz also performs work for , whichg in April. Maritz continuesd to receive paymentsfrom Chrysler, Rusert said. a family-owned sales and marketing services company in reported $1.49 billion in revenue in 2008. GM, which makes Chevrolet Express and GMC Savanaw vansin Wentzville, listed $173 billion in liabilitied and $82 billion in assets in its bankruptcyg filing.

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