Search Results

• GM says U.S. Nov auto sales rate may be 10.8 mln   [Nov 20, 2009]

  General Motors Co. said U.S. auto sales in November may run at an annualized rate of 10.8 million vehicles, the third-highest total this year, in a sign of improving industry health. "Things are ...

• GM rebound pivots on sales after CEO cuts costs   [Nov 18, 2009]

  General Motors Co. Chief Executive Officer Fritz Henderson, buoyed by $50 billion in U.S. bankruptcy aid, slashed debt and operating costs without returning to profit. His challenge now is to sell ...

• GM posts loss, vows to repay US, Canada early   [Nov 17, 2009]

  General Motors Co said on Monday it lost $1.2 billion in a bankruptcy-shortened third quarter, but it vowed a quick repayment of $8 billion owed to the United States and Canada.The results gave ...

• Sales of Shanghai GM in October 2009 (by model)   [Nov 16, 2009]

  Sales of Shanghai GM Corp in October 2009 (by model):Data: CPCA

• GM to repay $6.7B in gov't aid sooner than required   [Nov 16, 2009]

  General Motors Co., the largest U.S. automaker, will repay $6.7 billion of the $49.9 billion in aid it received from the federal government starting next month, more than five years sooner than ...

• GM to move European headquarters to Germany   [Nov 16, 2009]

  General Motors Co. wants to move its European headquarters to Germany from Switzerland before the end of the year, an Opel spokesman said Saturday.By moving its headquarters from Zurich to Adam Opel ...

• GM turnaround strategy gets lift in China   [Nov 16, 2009]

  General Motors Co.'s turnaround effort will come under fresh scrutiny Monday as the company reports financial results, but one part of the strategy appears to be working: China.GM's sales are ...

• Henderson hasn't yet changed GM culture -Rattner   [Nov 15, 2009]

  General Motors Co. Chief Executive Officer Fritz Henderson has yet to change the company's culture, and U.S. pay limits may need to be eased to attract talent, the former head of the government's ...

• GM's new Buick Regal to be premium sport sedan   [Nov 13, 2009]

  Good thing General Motors held onto Opel, its German subsidiary. Otherwise, where would it get the platforms for new products?On Thursday, Buick announced that its new Regal would go on sale in the ...

• Toyota may be stuck with GM venture closure costs   [Nov 11, 2009]

  Toyota Motor Corp. may shoulder almost all the costs to shut a California joint-venture plant as the owner of the former General Motors Corp.'s 50 percent stake doesn't plan to fund expenses ...

• GM appoints Reilly as interim head of Opel in Europe   [Nov 11, 2009]

  General Motors Co. appointed international operations chief Nick Reilly to oversee its Adam Opel GmbH division in Europe on an interim basis as the largest U.S. automaker reorganizes the unprofitable ...

• GM board approves plug-in Cadillac hybrid -sources   [Nov 11, 2009]

  The board of General Motors Co has approved a plan to produce a plug-in hybrid for the luxury Cadillac brand that will adapt technology developed for the upcoming Chevrolet Volt, according to people ...

• GM spending C$90 mln to boost Canada production   [Nov 10, 2009]

  General Motors Co said on Monday it would invest C$90 million ($85 million) to boost production at a joint venture plant in Canada where it builds two popular crossover utility vehicles.GM also said ...

• GM's CEO may fill Opel power vacuum with Lutz   [Nov 09, 2009]

  General Motors Co. Chief Executive Fritz Henderson is scrambling to fill a “power vacuum” at its Opel division with a temporary manager, Handelsblatt reported.Henderson is considering ...

• GM China sales double to 166,911 vehicles in Oct   [Nov 09, 2009]

  Shanghai, November 9 (Gasgoo.com) General Motors said today that its sales in China last month more than doubled from a year earlier to 166,911 vehicles, continuing its monthly sales records this ...

• GM in talks to bring Chinese cars to India: report   [Nov 09, 2009]

  U.S. auto giant General Motors is in advanced talks with its Chinese partners on a proposal to bring their vehicles to India, according to the Press Trust of India.GM began talks with its partners ...

• GM criticized for keeping Opel, doubts raised about sale   [Nov 05, 2009]

  As General Motors' new board of directors became more immersed in the automaker's business, it began to question more and more the idea of selling off a majority stake in the company's Opel division, ...

• Shanghai GM produces its first own brand vehicle   [Nov 04, 2009]

  Shanghai, November 4 (Gasgoo.com) "After 4 years' R&D, New Chevrolet Sail, the first own-brand vehicle of Shanghai GM, has completed the testing proceeding and is ready to be launched," Ding Lei, ...

• SAIC Motor expects GM India deal by year-end   [Nov 04, 2009]

  China's biggest domestic auto maker SAIC Motor Corp. Ltd expects to reach an agreement on cooperating with General Motors Corp. in India by year-end as it seeks to boost sales overseas. Talks are ...

• GM sees October sales bounce, Chrysler plunges   [Nov 04, 2009]

  General Motors posted its first monthly sales increase in nearly two years on Tuesday as a rebound in industrywide U.S. auto sales in October pointed toward a gradual recovery for the battered ...