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Apr
24th

Fiat wants GM… but reports a quarterly loss

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A German publication quoting anonymous sources announced in its latest edition that Italian automaker Fiat is reportedly on the verge of signing an agreement with General Motors to buy back some of its European operations, including Opel's. Full story...
Apr
23rd

Delphi bankruptcy could threaten GM production

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General Motors said today that the festering financial situation at bankrupt supplier Delphi Corp. could jeopardize parts deliveries to the automaker in the coming months. Full story...
Apr
23rd

GERMANY: Government more willing to give Opel guarantee

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German chancellor Angela Merkel's government is becoming more willing to give General Motors' Opel a state guarantee if a private investor is found, local media reported on Thursday. Full story...
Apr
23rd

GM finds mass-market sweet spot with Cruze launch

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General Motors hopes a strong performance by new models will push sales up by 20 percent this year in China. Full story...
Apr
23rd

GM slashes production, 13 plants to get extended shutdowns:

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General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer. Full story...
Apr
23rd

GM plans extended shutdowns at most U.S. plants, reports say:

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General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer, news reports said. Full story...
Apr
23rd

Fiat and Opel could live happily ever after

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It could be second time lucky for an Opel-Fiat tieup, four years after their alliance break up, which cost General Motors $2 billion. What has changed to make it worth the two former partners getting back together again? In a word: Everything. Full story...
Apr
23rd

Report: Canada in talks on funding for GM, Chrysler

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The governments of Canada and Ontario are in advanced negotiations to provide bankruptcy financing of as much as $6 billion for the Canadian operations of General Motors Corp. Full story...
Apr
23rd

Canada in talks on funding for GM, Chrysler, Globe says

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The governments of Canada and Ontario are in advanced negotiations to provide bankruptcy financing of as much as $6 billion for the Canadian operations of General Motors and Chrysler LLC, The Globe and Mail reported, citing people familiar... Full story...
Apr
23rd

Canada in talks on funding for GM, Chrysler, report says

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The governments of Canada and Ontario are in advanced negotiations to provide bankruptcy financing of as much as $6 billion for the Canadian operations of General Motors and Chrysler LLC, The Globe and Mail reported on its Web site,... Full story...
Apr
23rd

Fiat says still in talks on Chrysler; no comment on possible Opel takeover

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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands. Full story...
Apr
23rd

Fiat still in Chrysler talks; no comment on possible Opel deal

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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands. Full story...
Apr
23rd

Fiat plans to take over Opel, labor boss says

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Fiat plans to take a majority stake in General Motors' Opel/Vauxhall brands, Opel labor boss Klaus Franz told the German press agency DPA today. Full story...
Apr
23rd

Fiat still in Chrysler talks; no comment on possible Opel deal

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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands. Full story...
Apr
23rd

US: GM said to be planning long summer closure

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General Motors is planning to shut most of its US vehicle assembly plants for up to nine weeks this summer, US media reports said last night. Full story...
Apr
23rd

US: GM planning long summer closure, bond payment deferral

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General Motors is planning to shut most of its US vehicle assembly plants for up to nine weeks this summer, US media reports said last night. Full story...
Apr
23rd

GM to idle 13 assembly plants for up to 9 weeks

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Amid the worst sales slump in 30 years and cascading financial problems, General Motors announced today that it will cut 190,000 vehicles from its production schedule for the second and third quarters. Full story...
Apr
23rd

GM to idle 13 assembly plants for up to 8 weeks

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Amid the worst sales slump in 30 years and cascading financial problems, General Motors announced today that it will cut 190,000 vehicles from its production schedule for the second and third quarters. Full story...
Apr
23rd

GM will close Detroit-Hamtramck plant for 6 weeks

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General Motors will shut down its plant in Hamtramck, Mich., for six weeks this summer, a plant source confirmed today. Full story...
Apr
23rd

GM plans extended shutdowns at most U.S. plants, reports say

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General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer, news reports said. Full story...
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