Negotiators for General Motors and the United Auto Workers union were set to resume talks on how to fund retiree health care on Sunday, restarting high-stake negotiations that broke off on Friday.
Full story...
General Motors, nearing a Tuesday deadline to present a viability plan to the U.S. government, is considering as one option a Chapter 11 bankruptcy filing that would create a new company, the Wall Street Journal said.
Full story...
Talks between the UAW and General Motors aimed at cutting costs and debt at the struggling automaker have broken down over union concerns about retiree healthcare, a person briefed on the talks said on Saturday.
Full story...
General Motors, nearing a Tuesday deadline to present a viability plan to the U.S. government, is considering as one option a Chapter 11 bankruptcy filing that would create a new company, the Wall Street Journal said in its Saturday edition.
Full story...
General Motors will idle about 1,450 workers for one or two weeks at two Ohio powertrain plants in the automaker's latest production cuts.
Full story...
Bankrupt auto parts supplier Cadence Innovation has sued General Motors, saying the automaker has failed to pay $4.9 million due for parts, labor and equipment.
Full story...
With all eyes on General Motors and Chrysler as their 17 February deadline to submit a viability plan to the US government in return for federal bailout loans - and more money still to come - looms, both have needed to make denials about their deals with Asian automakers.
Full story...
German officials meeting to discuss help for General Motors European unit Opel on Friday won't make any decisions today, a government spokesman has said.
Full story...
The South Korean government has no immediate plans to help the local General Motors unit, media reports said.
Full story...
General Motors on Thursday confirmed it was offering voluntary buyouts or early retirement packages to all 62,000 hourly production workers covered by the United Auto Workers (UAW) union.
Full story...
General Motors has denied reports it planned to sell shares in its flagship local car making joint venture with China's SAIC Motor to the parent SAIC.
Full story...
General Motors has no plan to sell shares in its carmaking joint venture with China's SAIC Motor Corp to SAIC, Henry Wong, a spokesman for General Motors China, said today.
Full story...
German officials are meeting today to discuss the future of Opel but no decisions over the struggling General Motors subsidiary are expected immediately, a government spokesman said.
Full story...
General Motors is in talks with two potential buyers of its Hummer brand as the automaker continues to sell assets to raise cash, said two sources familiar with the matter.
Full story...
General Motors is in talks with two potential buyers of its Hummer brand as the automaker continues to sell assets to raise cash, said two sources familiar with the matter.
Full story...
General Motors bond holders are insisting on better terms in exchange for forgiving billions of dollars in debt, the Detroit News reported today.
Full story...
U.S. economic stimulus legislation includes a provision removing a potentially staggering tax liability associated with the bailout of General Motors, a senator said on Wednesday.
Full story...
GM Daewoo said today it had asked the South Korean government to provide support including financial help. GM Daewoo is the South Korean unit of General Motors.
Full story...
General Motors has discussed selling shares of various joint ventures in China with partner SAIC Motor as part of efforts to raise cash.
Full story...
General Motors has been in talks with China's SAIC Motor about the possible sale of a share of GM's stake in their joint venture or other assets as the U.S. automaker races to raise cash, two sources familiar with the discussions said.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.