About 14 percent of General Motors' and Chrysler LLC's U.S. sales in the first two months of the year came through a new program offering discounts to credit union members.
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General Motors and Chrysler clearly have an image problem.
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The co-leader of the U.S. auto task force said General Motors and Chrysler may need "considerably'' more than the $21.6 billion they're seeking to stay afloat, Bloomberg News reported.
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The co-leader of the U.S. auto task force said General Motors and Chrysler may need "considerably'' more than the $21.6 billion they're seeking to stay afloat, Bloomberg News reported.
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The co-leader of the U.S. auto task force said General Motors and Chrysler may need "considerably'' more than the $21.6 billion they're seeking to stay afloat, Bloomberg News reported.
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Fewer prospective new car buyers are considering General Motors Chrysler vehicles as consumer attention focuses on their calls for further US government aid, a survey showed.
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Kroymans Corp., General Motors' European distributor for Cadillac cars, today said it is seeking court protection from creditors. The Dutch-based dealer group is GM's importer for Cadillac, Corvette and Hummer in European Union markets.
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Kroymans Corp., General Motors' European distributor for Cadillac cars, today said it is seeking court protection from creditors. The Dutch-based dealer group said it has acute liquidity problems due to a collapse in new- and used-car sales.
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General Motors Thai unit has lowered its production target for 2009 due to weakening economic conditions.
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The US treasury has announced a US$5bn aid programme for struggling components suppliers, leading to speculation the federal government will give more aid to General Motors and Chrysler.
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Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.
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German state development bank KfW Bankengruppe has no plans to take a stake in General Motors' German unit Opel, KfW's CEO Ulrich Schroeder told a trade magazine today.
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Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.
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Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.
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Fewer new car shoppers are considering vehicles from General Motors and Chrysler LLC at a time when consumer attention is focused on their request for further U.S. government aid, according to a survey released today.
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The Obama administration's autos task force may have a framework plan in place as early as next week for restructuring General Motors and Chrysler LLC, two lawmakers said.
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Chrysler's finance chief says his company is better equipped to survive the recession than General Motors and a safer bet for U.S. taxpayers who are keeping both automakers afloat, Bloomberg News reported today.
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Ford of Europe supports General Motors' appeal for financial help from European governments for its ailing Opel/Vauxhall unit.
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Ford of Europe supports General Motors' appeal for financial help from European governments for its ailing Opel/Vauxhall unit.
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French supplier Plastic Omnium is keeping a close eye on accounts receivable from a pair of American automakers as the March 31 deadline approaches for General Motors and Chrysler to prove their viability to the U.S. government.
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