General Motors has not achieved as many buyout or early retirement acceptances as it needs.
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General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor.
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The German scrappage bonus has triggered a boom in demand for Opel, the struggling German unit of General Motors that is looking for a new investor. "We forecast some 120,000 customer orders in the first quarter of 2009.
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Citigroup is expected to work with General Motors and Chrysler LLC to decide how to distribute the U.S. Treasury's $5 billion aid program to auto parts suppliers, the industry's top lobbyist said.
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General Motors said about 7,500 hourly workers -- or 12 percent of its U.S. factory work force -- accepted the automaker's latest buyout offers, bringing the total to more than 60,000 over the past three years.
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General Motors said about 7,500 hourly workers accepted the automaker's latest buyout offers, bringing the total to more than 60,000 over the past three years. Most will leave the company around April 1.
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General Motors will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S.
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General Motors Corp. will halt Cadillac sales in more than half of the brand's European markets following the collapse of its regional distributor. The U.S.
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General Motors and its Saab unit have agreed to share technology for at least the next five years. The arrangement is designed to make Saab more attractive to potential buyers, which is key to winning loan money from the Swedish government.
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General Motors and its Saab unit have agreed to share technology for at least the next five years. The arrangement is designed to make Saab more attractive to potential buyers, which is key to winning loan money from the Swedish government.
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Resale value of brands that might be sold by General Motors is falling faster than the industry average, casting more doubt on them, a leasing guide said.
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The US Bankruptcy Court has adjourned until 2 April approval hearings on Delphi's proposed sale of its global steering business to General Motors to give the US treasury more time to evaluate the agreements, the supplier said.
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General Motors seems unlikely to reach key agreements ahead of a 31 March 31 deadline after its union and bondholders went public with a dispute over concessions, an analyst has said.
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General Motors began notifying U.S. salaried workers on Tuesday that they will lose their jobs as it carries out previously announced plans to reduce its global white-collar work force by 10,000. The automaker intends to cut 160 U.S.
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General Motors began notifying U.S. salaried workers that they will lose their jobs as it carries out previously announced plans to reduce its global white-collar work force by 10,000. The automaker intends to cut 160 U.S.
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George Kell, a Hall of Fame third basemen and former General Motors dealer, died Tuesday at 86.
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George Kell, a Hall of Fame third basemen and former General Motors dealer, died today at 86.
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Baseball, hot dogs, apple pie and -- sushi? Sauerkraut? Audi and Toyota will become the official vehicle brands of the New York Yankees, replacing General Motors as the team's automotive sponsor.
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A U.S. bankruptcy judge delayed his decision on the sale of bankrupt car parts maker Delphi Corp.'s steering business to General Motors until next week, after the U.S. Treasury Department sought more time to review the deal.
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