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The board of General Motors Co. is expected to decide Tuesday the fate of Opel and Vauxhall, ending more than a year of uncertainty surrounding its business and restructuring in Europe and the U.S.
General Motors Co. is likely to post its first year-over-year monthly sales gain in 21 months when automakers report sales figures on Tuesday, a top GM sales analyst said Wednesday.
General Motors Co. CEO Fritz Henderson said intense discussions were still under way to complete the sale of its German auto unit Opel, though stopped short of guaranteeing an agreement would be signed this week.
General Motors could finalize the sale of its German auto unit Opel as early as this week, the U.S. automaker's CEO said Tuesday.
General Motors Co. said it would continue to restrict the amount of money it spends on events, sponsorships and corporate travel Tuesday, as the automaker made its expense policy public, a requirement for companies receiving government aid.
General Motors China and state-owned automaker FAW Group Corp. have launched a 2 billion yuan ($293 million) joint venture to make light-duty trucks and vans, initially for the fast-growing Chinese market.
General Motors Corp. will close its assembly and stamping plants in Shreveport, La., no later than June 2012, the company said Wednesday.
General Motors Corp. said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for bankruptcy protection with hopes that it will transform its most profitable assets into a new company within just 30 days.
A bankruptcy judge ruled Monday that General Motors Corp. can have immediate access to $15 billion in government financing and set a hearing on the proposed sale of the bulk of the automaker's assets to take place in just 30 days.
With an almost certain bankruptcy filing days away, General Motors is beginning its reinvention, planning to retool one factory to make its smallest vehicles ever in the U.S. and rid itself of the biggest.
A bankruptcy filing by General Motors Corp. would not only send one of America's most storied automakers into further upheaval, it would also force a shake-up in the Dow Jones industrial average.
A solution to the world's urban transportation problems could lie in two wheels not four, according to executives for General Motors Corp. and Segway Inc.
General Motors Corp. recalled about 277,000 vehicles on Friday because of a potential defect in the shift lever that could cause a vehicle to roll away.
General Motors Corp. says it will not be using its company suites during the NCAA Final Four at Detroit's Ford Field this year in light of the turmoil in the auto industry.
General Motors Corp. will offer buyouts to all of its hourly employees, a spokesman confirmed Tuesday, as the troubled automaker continues to slash costs.
Workers at a General Motors plant in Brazil began staging slowdowns on Tuesday to protest the layoff of 800 temporary workers, union officials said.
General Motors Corp. said Friday that sales of its Opel and Vauxhall cars plunged 10.5 percent last year, with Saab sales down a massive 21.9 percent, as the global economic crisis deepened.
General Motors Corp. may be well on the way to keeping its New Years' resolution to restructure with the arrival Wednesday night of the first tranche of $9.4 billion in low-cost loans from the U.S. Treasury.
General Motors Corp.'s financial problems are spilling over to another entity that is losing a lot, the Pittsburgh Pirates.
General Motors Europe wants to cut labor costs by 10 percent without eliminating jobs, according to a letter sent to GM employees.
U.S. car giant General Motors Corp. launched its first Russian assembly plant Friday, hoping that sales in this emerging market will bolster its staggering global performance.
Fitch Ratings downgraded General Motors Corp.'s credit rating deeper into junk status Monday, saying the automaker faces headwinds in almost every direction and its liquidity could drop to "minimum required levels" within the next year.
General Motors Corp. said Wednesday it is extending its employee-pricing discount through the end of the month, saying the program's two-week run has been highly successful.
General Motors Corp., struggling to survive, will slash jobs, cut production, sell assets and suspend its dividend for the first time in 86 years as it tries to ride out an unprecedented collapse of its core U.S. market.
General Motors Corp. said Tuesday it will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market.
Tampa family refused help by OnStar | abcactionnews.comGeneral Motors advertises heavily that their OnStar can save lives. I suppose it can--as long as you pay the subscription on time. If you miss a payment you can end up like this family. Their baby was locked in the car.
GM Plans to Repay U.S. Loan - WSJ.comGeneral Motors Co. plans to begin paying back a $6.7 billion loan it owes the U.S. government starting late this year, putting it on track to potentially repay the entire note by the middle of 2011, said a person familiar with the matter.
GM: 37 pct of US Saab dealerships to closeAbout 37 percent of U.S. Saab dealers will close as part of General Motors Corp.'s planned sale of the ailing Swedish car brand to Koenigsegg Group AB, a GM spokeswoman said Saturday.
US aid can be used to fix Opel if neededGeneral Motors Co. could tap some of the $50 billion in aid it has received from the U.S. government to help finance its plan to restructure its European Opel unit, GM's top executive said Thursday
"GM's Money Trees": Displacement of Rural Brazilians Highlights Consequences of "Cap and Trade" SystemWith the Copenhagen climate summit just a month away, a new investigative series looks at how rural Brazilians are being displaced so their forest can be turned into carbon offsets for some of the world's biggest polluters, including General Motors and Chevron.
GM scraps plans to sell off VauxhallGeneral Motors tonight scrapped plans to sell off its Opel and Vauxhall European car business to a Canadian parts firm.
John Tantillo's Brand Winner... And Loser: GM and the Balloon Boy FamilyEven reality TV doesn't begin with a fraudulent basis for its shows
Administration Said to Order Deep Cuts in Pay at Bailed-Out Companies Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in federal bailouts, the Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives, an …
Chrysler's new minivans demand respectSometimes a van is just a van, but with their new Town & Country and Grand Caravan minivans, Dodge and Chrysler want to change that perception. And they might succeed. MotorHead, by Dan Carney.
Obama fails to win Nobel prize in economics. By Tom Bemis, MarketWatch. Oct. 12, 2009, 8:47 a.m. EDTLONDON (MarketWatch) -- In a decision as shocking as Friday's surprise peace prize win, President Obama failed to win the Nobel Memorial Prize in Economic Sciences Monday.
G.M. to Close Saturn After Penske Talks Falter - NYTimes.comShocking development from the continuing saga of GM. I'm deeply saddened as I always felt Saturn was a great concept that GM poorly executed on.
G.M. Ends Program of Selling on eBayGeneral Motors said Tuesday that it was concluding a partnership with eBay in which the automaker used the auction site to sell new cars through California dealerships, as it shifts focus to broader, national marketing programs.
Does Living In California Make You A Higher Credit Risk?A San Diego man says he was told his credit limit was lowered in part because he lives in California.
GM rolls past 1 million miles in Fuel Cell Automobile Tryout.some good news on the automotive front...
President Obama to Appoint Ron Bloom Manufacturing Czar. by Jake Tapper. September 06, 2009 8:12 PMIn Cincinnati tomorrow, President Obama will announce that he's appointing Ron Bloom his Senior Counselor for Manufacturing Policy, White House sources tell ABC News.
COAL Obama video PUBLIC EDUCATION SUBVERTS Washington Lies - Walter Williams HOME MORTGAGES Barney Frank, Chris Dodd, Maxine Waters and others are up to their eyeballs in this.
The Daily Event is proud to have Igor Yopsvoyomatsky, editor-in chief of paranoiaisfact.com, to answers readers' questions. Dear Igor,
Music: ARE THE GOOD TIMES REALLY OVER FOR GOOD - Merle Haggard THERE GOES MY REASON FOR LIVING - Jack Green STATUE OF A FOOL - Jack Green
GM cancels 'hideous' Buick after Twitter complaintsGeneral Motors has cancelled plans for a Buick sport-utility vehicle announced August 6 after potential customers said in person and online that the model lacked luxury touches they expect of the brand.
Will the Electric Volt Recharge GM?After taking a PR licking for killing off its experimental electric car, the EV1, GM got alt fuel religion and ramped up work on the Volt, a battery powered sedan slated to arrive in dealer showrooms in May 2010.
G.M. Puts Electric Car's City Mileage in Triple Digits General Motors said Tuesday that its Chevrolet Volt extended-range electric vehicle, scheduled for release in 2011, would achieve a fuel rating of 230 miles a gallon in city driving.
Volt Gets 230mpg? Not really.The author of this OpEd News piece shows that the 230 mpg cited in recent publicity for the Chevy Volt is twisting the facts.
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