The UAW says it has reached a tentative new contract with General Motors and the U.S. Treasury Department aimed at helping the automaker restructure.
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The UAW says it has reached a tentative new contract with General Motors and the U.S. Treasury Department aimed at helping the automaker restructure.
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The UAW says it has reached a tentative new contract with General Motors and the U.S. Treasury Department aimed at helping the automaker restructure.
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Fiat S.p.A. submitted two versions of its offer for General Motors units Opel and Vauxhall, one with and one without a bid for GM's Latin American operations, people familiar with the matter told Automotive News Europe today.
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Fiat S.p.A. submitted two versions of its offer for General Motors units Opel and Vauxhall, one with and one without a bid for GM's Latin American operations, people familiar with the matter told Automotive News Europe today.
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Fiat S.p.A. submitted two versions of its offer for General Motors units Opel and Vauxhall, one with and one without a bid for GM's Latin American operations, people familiar with the matter told Automotive News Europe today.
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Fiat S.p.A. submitted two versions of its offer for General Motors units Opel and Vauxhall, one with and one without a bid for GM's Latin American operations, people familiar with the matter told Automotive News Europe today.
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A judge ordered bankrupt auto-parts supplier Delphi Corp. to mediate with former parent General Motors , lenders and the U.S. government's auto task force to resolve its lingering reorganization.
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Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary.
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Fiat S.p.A. is convinced it has more than a 50 percent chance of succeeding in its bid for General Motors' Opel because it doesn't think the other contenders have the expertise to revive the German automaker, an Italian newspaper said.
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The pursuit of General Motors' Opel unit appears to have narrowed to a three-way race between Italy's Fiat, Canada's Magna International and Belgian investment firm RHJ International.
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The pursuit of General Motors' Opel unit appears to have narrowed to a three-way race between Italy's Fiat, Canada's Magna International and Belgian investment firm RHJ International.
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General Motors' former vice chairman and chief product planner, Bob Lutz, paid a 10 percent penalty to sell all of the GM shares he had held in a deferred compensation account, the company said in a U.S. filing.
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General Motors of Canada said it will inform its dealerships on Wednesday of which ones it will close as part of a plan to slash its retail network by nearly half, one of the steps necessary to qualify for long-term government aid.
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Swedish carmaker Saab could get a bridge loan from the state to smooth the transition to a new owner from current parent General Motors, a spokesman for Enterprise Minister Maud Olofsson said on Wednesday.
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Fiat CEO Sergio Marchionne is convinced that a merger of Fiat Group's car business with Opel is the best chance of survival for General Motors' German subsidiary.
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General Motors said on Wednesday it expected at least three bidders for a stake in Opel to hand over plans to the German government ahead of a 1600GMT deadline.
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General Motors will suspend operations in Venezuela for at least three months from June due to falling sales and government import and currency restrictions.
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The Swedish government is upbeat about the future of carmaker Saab after recent meetings with potential buyers of the loss-making General Motors unit, a senior government official said on Wednesday.
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The Swedish government is upbeat about the future of carmaker Saab after recent meetings with potential buyers of the loss-making General Motors unit, a senior government official said on Wednesday.
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