Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said today. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals.
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President Barack Obama's administration is working "around the clock" to form an approach to the challenges facing General Motors and the auto industry, a White House spokeswoman said today.
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The Canadian Auto Workers union said today it is set to begin exploratory discussions with General Motors of Canada to find cost savings to help the company qualify for government loans in Canada and the United States.
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Canada said today it is reviewing General Motors of Canada's bid for government aid very closely after auditors for the U.S. parent said they doubted the company's ability to survive outside bankruptcy.
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The European Commission has offered to hold a meeting of European Union countries affected by ailing U.S. carmaker General Motors, which warned on Thursday that its ability to survive was in doubt.
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The European Commission has offered to hold a meeting of European Union countries affected by General Motors , the ailing U.S. carmaker that warned today that its ability to survive was in doubt.
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General Motors today said its auditors had raised "substantial doubt" about its ability to survive outside bankruptcy if it fails to stem its losses and stop burning cash. The "going concern" warning from the struggling U.S.
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General Motors today said its auditors had raised "substantial doubt" about its ability to survive outside bankruptcy if it fails to stem its losses and stop burning cash. The "going concern" warning from the struggling U.S.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said Wednesday. Jim Lentz, president of Toyota's U.S.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said today. Jim Lentz, president of Toyota's U.S.
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The Obama administration task force working to restructure General Motors and Chrysler LLC will meet with a top U.S. executive of Toyota Motor Corp., a spokeswoman for the Japanese automaker said today. Jim Lentz, president of Toyota's U.S.
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General Motors Europe is developing a cost calculator to help potential Opel/Vauxhall Ampera buyers understand the true benefits of owning its extended-range plug-in hybrid.
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Problems at General Motors-owned Saab could affect Ford-owned Volvo Car if component sub-suppliers shared by the two Swedish rivals ran into difficulties.
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General Motors's Chevrolet Europe unit expects to be profitable this year in the face of a broad industry downturn, the head of the unit said. Chevrolet Europe sales rose nearly 11 percent to more than 500,000 vehicles in 2008, giving it a 2.
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General Motors' German unit Opel could slash 3,500 jobs as part of a plan to cut costs and relaunch as an independent company, GM Europe head Carl-Peter Forster told a German newspaper.
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Rumours and speculation continued to swirl around General Motors' unit Saab as both Geely Automobile and Dongfeng Motor Group of China denied they were interested in buying the brand.
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General Motors has hinted it may copy an incentive programme launched by Hyundai Motor America that allows buyers to return their new vehicles if they suddenly lose their income but is not keen on taking vehicles back itself.
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General Motors expects to build about 34% fewer vehicles in North America in the second quarter than it did a year previously while Ford output will be off 38%.
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China's Geely Automobile and Dongfeng Motor Group today denied that they are interested in buying General Motors' Saab brand. Sources told Reuters that GM has received interest from several potential bidders including Geely and Dongfeng.
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China's Geely Automobile and Dongfeng Motor Group today denied that they are interested in buying General Motors' Saab brand. Sources told Reuters that GM has received interest from several potential bidders including Geely and Dongfeng.
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