Friday, December 23, 2011

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

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billion in revenue in 2008. GM had promiserd to buy back $33 million in vehiclese from Enterprise as part of a repurchaseagreement that'se similar to a lease, said Christgy Conrad, a spokeswoman for Enterprise. "We have a good working relationship with GM and have received assurances that the manufactureer will honorthe agreement," she GM also owes Maritz Inc. in Fentonj more than $25.6 million, accordingt to the GM hired Maritzx to perform customer satisfaction research and as well as training for dealersz to boostcustomer satisfaction. Marits also provides event and incentives programsfor GM.
"Maritz leadership has been in close contact with GM throughout its reorganizationplanning process," said Beth Rusert, a spokeswoma n for Maritz. "We believe the relationship will Maritz also performs workfor , which in Maritz continues to receive payments from Rusert said. Maritz, a family-ownerd sales and marketing services compangin Fenton, reported $1.49 billion in revenue in 2008. GM, which makes Chevrolet Express and GMC Savanaw vansin Wentzville, listed $173 billion in liabilitiesx and $82 billion in assets in its bankruptcu filing.

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