Jaguar Land Rover said it has appointed former BMW AG and Ford Motor Co. executive Ralf Speth as CEO. Speth will report to former General Motors Co.
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Jaguar Land Rover said it has appointed former BMW AG and Ford Motor Co. executive Ralf Speth as CEO. Speth will report to former General Motors Co.
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General Motors Co. will call back 470 laid-off workers to build its next-generation Ecotec four-cylinder engine at its plant in Tonawanda, N.Y.
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Beijing Automotive Industry Holding said it paid US$200m to purchase technology from General Motors' Saab unit as the Chinese automaker speeds up development of its own vehicles.
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Maruti Suzuki India is finally planning to enter the multi-purpose vehicle segment so far dominated by Mahindra and Mahindra's Scorpio, Toyota's Innova and General Motors' Tavera.
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Output by GM Uzbekistan, a joint venture between General Motors and Uzbek automaker Uzavtoprom, rose 4.2% year on year to 184,572 units in January - November, Uzbekistan's state statistics committee said in a report obtained by Prime-Tass on Tuesday.
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An unidentified Dutch billionaire is behind Dutch sportscar maker Spyker's last-ditch bid to buy Saab from General Motors, according to Swedish newspaper Svenska Dagbladet which cited several sources close to the talks.
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In News Brake: General Motors gets another offer for Saab from Spyker, Peugeot blocks Audi for Sebring, and we drive the Audi E-tron . . . But Wait, There's More!
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Sweden said a last-ditch bid by Spyker Cars for Saab offered a thread of hope the General Motors Co. brand would survive, as talks between the Dutch sports car maker and GM extended into the evening.
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New Zealander Chris Liddell on Monday was named General Motors vice chairman and chief financial officer. He was most recently CFO for Microsoft, a post he held since May, 2005.
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General Motors Co. appointed Chris Liddell, Microsoft Corp.'s finance chief, as vice chairman and CFO, replacing Ray Young. Liddell, 51, has served as Microsoft's CFO since May 2005.
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General Motors has begun loan repayments to the US, Canadian and Ontario governments.
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Last-ditch negotiations to save Saab Automobile continued over the weekend after General Motors on Friday said talks with Spyker had ended and that the brand would be wound down. Spyker said on Sunday it had submitted a renewed offer with a deadline of 5pm EST (10pm GMT) today (21 December) "in the hopes of securing a future for Saab, its employees and the brand - despite the announcement that the winding down of Saab would begin".
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General Motors Co.'s Chevrolet Division tapped two agencies to handle creative advertising during the first half of 2010. Publicis won work for the Chevrolet Malibu, Equinox and Traverse nameplates, the division said in a statement.
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General Motors Co. said it would evaluate several expressions of interest for Saab, including a new fast-track bid from Spyker Cars.
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For some executives, being posted below the equator at GM Holden Ltd., General Motors Co.'s obscure Australian subsidiary, might have been a kind of banishment.
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Chris Liddell has been appointed General Motors vice chairman and chief financial officer, it was announced today. Liddell was most recently CFO for Microsoft Corp., a post he held since May, 2005.
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Spyker Cars said Sunday it had submitted a new offer for the Saab brand.
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General Motors Co. said it would evaluate several expressions of interest for Saab, including a new fast-track bid from Spyker Cars.
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Spyker Cars NV said it had submitted a new offer for General Motors Co.'s Saab two days after GM said the brand and its 218 U.S. dealerships would be shut down.
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