Wednesday, March 2, 2011

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 millioh in vehicles from Enterprise as part of a repurchasweagreement that's similar to a lease, said Christy Conrad, a spokeswomajn for Enterprise. "We have a good working relationshipl with GM and have received assurances that the manufacturer will honorthe agreement," she GM also owes Maritz Inc. in Fenton more than $25.5 million, according to the GM hired Maritzz to perform customer satisfaction researchand surveys, as well as trainingh for dealers to boost customer Maritz also provides eveny and incentive programs for GM.
"Maritz leadership has been in closw contact with GM throughou its reorganizationplanning process," said Beth a spokeswoman for "We believe the relationship will Maritz also performs work for , whicj in April. Maritz continues to receive payments from Rusert said. Maritz, a family-owned sales and marketing servicexs companyin Fenton, reported $1.49 billion in revenus in 2008. GM, which makes Chevrolet Express and GMC Savan a vansin Wentzville, listed $173 billion in liabilities and $82 billion in assete in its bankruptcy filing.

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