Despite General Motors' looming troubles, development of the Chevrolet Volt rolls on, and 80 new prototypes will be built and tested starting this summer.
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Delphi is scheduled to meet on Monday in Washington DC with creditors, the government's auto task force and General Motors to discuss the firm's reorganisation, a lawyer for the bankrupt auto parts maker said on Thursday.
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Despite General Motors looming troubles, development of the Chevrolet Volt rolls on, and 80 new prototypes will be built and tested starting this summer.
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If General Motors is forced into bankruptcy, then a scenario that allows the company to divide assets into a "good" GM and a "bad" GM would be "a great idea," says company Chairman Kent Kresa.
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Delphi Corp. officials will meet in Washington on Monday with officials from General Motors and the presidential auto task force to discuss a plan for the supplier to leave Chapter 11 reorganization after more than three years.
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Delphi Corp. officials will meet in Washington on Monday with officials from General Motors and the presidential auto task force to discuss a plan for the supplier to leave Chapter 11 reorganization after more than three years.
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Delphi Corp. will meet on Monday in Washington, D.C., with creditors, the government's auto task force and General Motors to discuss the firm's reorganization, an attorney for the bankrupt auto parts maker said today.
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If General Motors is forced into bankruptcy, then a scenario that allows the company to divide assets into a "good" GM and a "bad" GM may allow the automaker to make a swift reorganization, says Chairman Kent Kresa.
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If General Motors is forced into bankruptcy, then a scenario that allows the company to divide assets into a "good" GM and a "bad" GM would be "a great idea," says company Chairman Kent Kresa.
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A former General Motors designer will shape the future look of Hyundai.
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The US autos task force overseeing the restructuring of General Motors Corp has asked a federal bankruptcy judge to block the automaker from providing an additional $150m in funding to bankrupt parts supplier Delphi.
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Changes to General Motors' contract with the United Auto Workers union could save the automaker US$1.1bn or more in hourly labour costs, GM said in a report to the US treasury which has been released.
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General Motors has asked for US$2.6bn of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released this week.
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GM Daewoo, the South Korean unit of General Motors, is optimistic it will be able to overcome a "critical" period for its cash position in the second quarter, its head said today.
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GM Daewoo, the South Korean unit of General Motors, is optimistic it will be able to overcome a "critical" period for its cash position in the second quarter, its head said today.
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General Motors has asked for $2.6 billion of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released on Wednesday.
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General Motors has asked for $2.6 billion of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released on Wednesday.
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Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent.
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In a report sent to the U.S. Treasury Department on Tuesday, General Motors said its projected losses before interest and taxes would worsen by another $1.1 billion this year compared with a forecast it released Feb. 17.
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In a report sent to the U.S. Treasury Department yesterday, General Motors adjusts its planned losses before interest and taxes to deteriorate by an additional $1.1 billion this year compared with a forecast released Feb. 17.
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