General Motors Europe has begun the process of separating from full GM ownership as part of its plans to raise 3.3 billion euros to ensure its survival.
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General Motors' German unit Opel this afternoon agreed to a restructuring plan that aims to save as many jobs and factories as possible but needs 3.3 billion euros ($4.18 billion) in state aid, GM officials said.
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General Motors' German unit Opel today agreed to a restructuring plan that aims to save as many jobs and factories as possible but needs 3.3 billion euros ($4.18 billion) in state aid, GM officials said.
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General Motors' German unit Opel today agreed to a restructuring plan that aims to save as many jobs and factories as possible but needs 3.3 billion euros ($4.18 billion) in state aid, GM officials said.
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General Motors' German unit Opel today agreed to a restructuring plan that aims to save as many jobs and factories as possible but needs 3.3 billion euros ($4.18 billion) in state aid, GM officials said.
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General Motors sources today confirmed press reports that its Opel subsidiary could sell a German car plant to Daimler.
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General Motors sources today confirmed press reports that its Opel subsidiary could sell a German car plant to Daimler.
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General Motors' German subsidiary Opel has contacted Mercedes parent Daimler over plans to sell its Eisenach plant where Opel manufactures the Corsa small car, a German newspaper reported.
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General Motors' German subsidiary Opel has contacted Mercedes parent Daimler over plans to sell its Eisenach plant where Opel manufactures the Corsa small car, a German newspaper reported.
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As General Motors' losses grow, so does the amount it plans to cut on marketing spending.
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General Motors' German subsidiary Opel has contacted Mercedes parent Daimler over plans to sell its Eisenach plant where Opel manufactures the Corsa small car, a German newspaper reported.
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A meeting between General Motors CEO Rick Wagoner and the Obama administration began today and was expected to be lengthy, a person familiar with the matter said.
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Top General Motors executives met for nearly six hours today with the Obama administration's auto industry task force. GM CEO Rick Wagoner was joined at the meeting at the Treasury Department by COO Fritz Henderson and CFO Ray Young, GM said.
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Despite the rash of bad news coming from General Motors over the past several months, the engineering corps is still hard at work. And we've got a glimpse of a car we would love to have in our garage--the Cadillac CTS-V coupe.
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General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third.
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General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.
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General Motors Europe´s financial health deteriorated sharply during 2008 as the carmaker suffered an adjusted pretax loss of $1.6 billion, compared with an adjusted pretax profit of $55 million in 2007.
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General Motors Europe´s financial health deteriorated sharply during 2008 as the carmaker suffered an adjusted pretax loss of $1.6 billion, compared with an adjusted pretax profit of $55 million in 2007.
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Thousands of Opel workers from around Germany took part in a mass rally today at the company's headquarters, demanding that parent General Motors scrap plans for plant closures in Europe.
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Investors are more likely to look beyond the bad news for updates on the survival plan when General Motors reports fourth quarter results later today.
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