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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General Motors Europe has hired consultancy Roland Berger to help tweak a proposed rescue plan for its Opel/Vauxhall business. Roland Berger will help GM Europe answer "open questions," about the plan the company said in a statement on Wednesday.
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General Motors Europe has hired consultancy Roland Berger to help tweak a proposed rescue plan for its Opel/Vauxhall business. Roland Berger will help GM Europe answer "open questions," about the plan the company said in a statement on Wednesday.
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No General Motors suppliers have yet asked for up-front payment and GM would suffer if suppliers did so, the automaker's purchasing chief said.
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The German government believes that Opel and parent group General Motors have sufficient financing to continue through into April.
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German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said today.
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German carmaker Opel and its U.S. parent General Motors have, to the knowledge of the German government, sufficient financing to see them through into April, a junior economy minister said today.
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A group studying Saturn's possible spin-off from General Motors has been approached by GM competitors, including foreign manufacturers, about selling their cars under the Saturn brand, an adviser says.
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A group studying Saturn's possible spin-off from General Motors has been approached by GM competitors, including foreign manufacturers, about selling their cars under the Saturn brand, an adviser says.
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The birth of the Chevrolet Volt and its November 2010 marketing date are just the first steps of American Manufacturer General Motors's vehicle electrification plan. According to GM executives, this is in fact the only path that allows them to plan the future a little more serenely.
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A group studying Saturn's possible spin-off from General Motors has been approached by GM competitors, including foreign manufacturers, about selling their cars under the Saturn brand, an adviser says.
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General Motors said today it will hold its annual stockholders' meeting on Aug. 4, two months later than usual. The meeting will be in Detroit for the first time since 1995. The past 14 stockholder meetings have been in Wilmington, Del.
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General Motors said today it will hold its annual stockholders' meeting on Aug. 4, two months later than usual. The meeting will be in Detroit for the first time since 1995. The past 14 stockholder meetings have been in Wilmington, Del.
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A health care agreement struck between Ford Motor Co. and the UAW would not work for General Motors, GM CEO Rick Wagoner said today.
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General Motors CEO Rick Wagoner said today he is encouraged by the willingness of European officials to provide aid to the automaker's Opel subsidiary.
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General Motors CEO Rick Wagoner said today he is encouraged by the willingness of European officials to provide aid to the automaker's Opel subsidiary.
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Advisers to General Motors' bondholders have presented a framework plan to US president Barack Obama's autos task force and the automaker that provides the company's best chance for an out-of-court restructuring.
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General Motors' top executives met with the US government's new auto industry task force on Monday but few details of the talks have emerged.
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General Motors appears willing to help Europeans to save the automaker's Opel unit, Germany's economy minister has said.
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German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM's Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C.
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