Beyond merger talks, GM eyes federal funds
What’s good for General Motors is good for the country. When former GM CEO Charles Wilson told the U.S.
Read moreWhat’s good for General Motors is good for the country. When former GM CEO Charles Wilson told the U.S.
Read moreIn a bid to conserve cash, General Motors is giving itself more time to pay its North American non-production suppliers. Effective Oct. 1, GM says it is paying its “indirect” suppliers 60 days after receiving goods or a valid invoice.
Read moreGeneral Motors, battling shrinking U.S. sales and a plummeting stock price, is discussing a possible combination with Chrysler LLC, a person familiar with the talks said.
Read moreGeneral Motors said on Saturday it has not sought a federal bailout but did not rule out the possibility of approaching the U.S. government or taking other dramatic steps to survive a worsening downturn in auto sales.
Read moreIn a bid to conserve cash, General Motors is giving itself more time to pay its North American non-production suppliers. Effective Oct. 1, GM says it is paying its “indirect” suppliers 60 days after receiving goods or a valid invoice.
Read moreGeneral Motors, battling shrinking U.S. sales and a plummeting stock price, is discussing a possible combination with Chrysler LLC, a person familiar with the talks said.
Read moreThe market meltdown will make it more difficult for General Motors to reach its goal for salaried employee buyouts. Beginning the week of Aug. 25, GM offered retirement and early retirement incentives to its salaried work force.
Read moreWhoever buys Bill Heard Enterprises Inc.’s closed Chevrolet dealership in Scottsdale, Ariz., won’t be selling Chevrolets or any other General Motors brand.
Read moreA day after its stock price fell to lows not seen since 1950, General Motors says it isn’t considering bankruptcy reorganization.
Read moreGeneral Motors is reported to be offering its US dealers a cash incentive of 1% on each 2009 model year vehicle they sell.
Read moreGeneral Motors’ Hungarian unit will suspend engine production for an unspecified period this month. The news follows confirmation on Tuesday that GM Europe German unit Opel would cut production in the rest of this year by 40,000 cars.
Read moreGeneral Motors Europe said its sales fell 1.9 percent in the first nine months of 2008, pushed down by the effects of the global economic crisis. Sales fell to 1,620,619 cars in the year to the end of September from 1,652,487 a year earlier.
Read moreOn April 20th, Beijing's 10th auto show opened in the city's new International Exhibition Center. Alternating with the Shanghai Motor Show, Auto China 2008 is the largest auto show in the history of China. Major global auto manufacturers such as the Volkswagen Group and General Motors have listed Auto China as an 'A-level' auto show in line with the five largest auto shows in the world (Frankfurt, Detroit, Geneva, Paris, and Tokyo). Chinese domestic manufacturers have displayed numerous concept car and production cars at the show, led by the government owned SAIC, FAW, and Geely.
Read moreThe Malibu LTZ will be equipped with a 2.4-liter Ecotec 169 hp engine with a six-speed automatic transmission. General Motors
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