Former General Motors executive Mark Hogan has been retained as an adviser to Toyota Motor Corp. in North America. Toyota spokeswoman Mira Sleilati in New York confirmed the relationship, but declined to say what role Hogan will take.
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General Motors Co. has agreed to pay new CEO Dan Akerson $1.7 million in cash annually, plus $5.3 million in salary stock over the next three years.
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General Motors Co. has agreed to pay new CEO Dan Akerson $1.7 million in cash annually, plus $5.3 million in salary stock over the next three years.
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The Brand Finance consultancy said General Motors and Volkswagen slumped in the Brazilian ranking of most valuable brands last year, compared to 2008.
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Carlos Ghosn, chief executive officer of Nissan and Renault, said he had 'no hesitation' in declining an offer last year from the U.S. government to lead General Motors.
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Carlos Ghosn, Renault-Nissan CEO, said he had 'no hesitation' in declining an offer last year from the U.S. government to lead General Motors.
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Carlos Ghosn, chief executive officer of Nissan and Renault, said he had 'no hesitation' in declining an offer last year from the U.S. government to lead General Motors.
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General Motors Co. today celebrated the domestic production launch of its much-anticipated 2011 Chevrolet Cruze in Lordstown, Ohio. GM, which is 61 percent owned by the U.S.
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Swedish regional authorities have requested Saab pay SKR110m (US$15m) by 20 September to cover part of salary payments assumed during the automaker's transition from General Motors to Spyker.
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General Motors will inaugurate its newly built engine plant at Talegaon on 12 November. The new flexi-engine plant, is the first of its kind and can produce both petrol and diesel engines. Commercial production starts on 1 November after a US$230m investment in initial annual capacity of 160,000 engines.
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Production of the 2011 Chevrolet Cruze was marked today with red, white and blue models that, General Motors said, symbolically "declared that a world-class small car can be assembled in America by a domestic company".
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Chevrolet has given its new Aveo subcompact car a sporty look aimed at capturing young buyers. The General Motors Co. unit will unveil its latest Aveo as a production debut at the Paris auto show later this month.
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General Motors Co.'s OnStar in-car communications unit may offer some free services next year to rival Ford Motor Co.'s Sync music and information system, two people familiar with the plans said.
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When former Opel CEO Hans Demant jumped to archrival Volkswagen last month, it hit some at General Motors' German subsidiary like a punch in the gut. "It surprised everyone," said a source at Opel's Ruesselsheim headquarters.
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General Motors Co.'s OnStar in-car communications unit may offer some free services next year to rival Ford Motor Co.'s Sync music and information system, two people familiar with the plans said.
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General Motors Powertrain plans to double engine manufacturing capacity at its Hungarian plant by 2013 from the current 460,000 units per year, daily Nepszabadsag said on Tuesday without naming sources.
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General Motors Powertrain plans to double engine manufacturing capacity at its Hungarian plant by 2013 from the current 460,000 units per year.
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