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Nov
6th

Lutz will chair Opel board; CEO Forster will leave

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Bob Lutz, General Motors Co.' Full story...
Nov
6th

Lutz will chair Opel board; Forster will leave

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Bob Lutz, General Motors Co.'s top marketing boss, will chair the supervisory board of GM's Opel unit and help steer a restructuring plan there now that GM has decided to retain control of the European automaker. Full story...
Nov
6th

Lutz to chair Opel; Forster makes way for ex-Vauxhall boss Reilly

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Bob Lutz will chair Opel and help steer a restructuring at the GM unit. Opel President Carl-Peter Forster is leaving the carmaker. Ex-Vauxhall exec Nick Reilly will temporarily replace Forster while GM seeks an external CEO for Opel. Full story...
Nov
6th

GM Europe boss Forster to leave company, report says

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The head of General Motors Co.'s European business, Carl-Peter Forster, is leaving the company following the surprise decision by GM's board to block the sale of Opel, two sources close to the situation told Reuters. Full story...
Nov
6th

CANADA: Magna won’t pursue GM for compo

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Magna does not plan to seek compensation from General Motors after its decision not to sell subsidiary Opel to a consortium headed by the Canadian based supplier. Full story...
Nov
6th

US: GM targets fast Chevrolet Europe growth

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GM is aiming for big growth of Chevrolet sales in Europe according to Chevrolet's global head. Full story...
Nov
6th

Strike ends at Indian supplier to GM, Ford

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Workers at an India auto-parts maker have ended a six-week strike, which had hit transmission parts supplies to General Motors and Ford Motor Co. and caused the shutdown of at least two North American crossover plants. Full story...
Nov
6th

Ford production suffers even as strike at Indian supplier ends

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Workers at an India auto-parts maker have ended a six-week strike, which had hit transmission parts supplies to General Motors and Ford Motor Co. and caused the shutdown of at least two North American crossover plants. Full story...
Nov
6th

SEMA show: Big Oly rides again!:

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Any true off-road racing fan knows the Oly Bronco that Parnelli Jones drove to victory in the Baja 1000 some 40 years ago. Marshall Madruga knew it, and he loved it. Full story...
Nov
6th

CHINA: Toyota targets local R&D

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Toyota is expected to spend some US$330-440m on a new R&D centre near Shanghai to develop vehicles specifically for the Chinese market, the Nikkei newspaper reported without citing a source. Full story...
Nov
6th

Merkel tells Obama she wants GM’s plan for Opel ready fast

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General Motors Co. said it is readying a plan to restructure Opel and could pay off debt due this month. German Chancellor Angela Merkel raised concern over GM's decision to keep Opel with U.S. President Barack Obama. Full story...
Nov
6th

Former GM metals executive pleads guilty to scam

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A former General Motors Co. executive pleaded guilty Thursday to a kickback scheme involving bulk aluminum sales that cost the automaker some $83 million. Full story...
Nov
6th

Merkel wants GM’s plan for Opel ready fast

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General Motors Co. said it is readying a plan to restructure Opel and could pay off debt due this month. German Chancellor Angela Merkel raised concern over GM's decision to keep Opel with U.S. President Barack Obama. Full story...
Nov
6th

Magna focusing on core business after Opel defeat, CEO says

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Magna International Inc. is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co.'s European operations, the auto parts supplier's co-CEO, Don Walker, said. Full story...
Nov
6th

Magna focuses on core business after Opel defeat

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Magna International Inc. is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co.'s European operations, the auto parts supplier's co-CEO, Don Walker, said. Full story...
Nov
6th

Bosch sees 11 million U.S. auto sales in 2010

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The head of the American unit of German autos parts supplier Robert Bosch GmbH said he expects U.S. light vehicle sales to improve to 11 million units in 2010, indicative of a steady but slow recovery from a bottom reached earlier this year. Full story...
Nov
6th

Merkel wants GM’s plan for Opel ready fast

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General Motors Co. said it is readying a plan to restructure Opel and could pay off debt due this month. German Chancellor Angela Merkel raised concern over GM's decision to keep Opel with U.S. President Barack Obama. Full story...
Nov
6th

Sirius loss narrows, sees growth as autos recover

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Sirius XM Radio Inc. Full story...
Nov
6th

Bosch sees 11 million US auto sales in 2010

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The head of the American unit of German autos parts supplier Robert Bosch GmbH said he expects U.S. light vehicle sales to improve to 11 million units in 2010, indicative of a steady but slow recovery from a bottom reached earlier this year. Full story...
Nov
6th

GM won’t expand Volt as a brand, Dewar says

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As General Motors Co. expands its offering of rechargeable vehicles beyond the Volt it will not look to brand them in a way that identifies them with the highly anticipated plug-in launching next year, a senior executive said on Thursday. Full story...
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