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Jan
22nd

GM gets crucial $5.4 billion in U.S. funding

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General Motors said Wednesday it received a delayed payment of $5.4 billion under the emergency funding provided by the U.S. government to keep it in business. "GM confirmed that it did receive today the second draw of its U.S. Full story...
Jan
22nd

Gettelfinger: No wage concessions for bailout

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The UAW will sacrifice to help General Motors and Chrysler LLC get their federal loans, but doesn't expect to take lower wages, President Ron Gettelfinger said Wednesday night at the Automotive News World Congress. Full story...
Jan
21st

UAW won’t take wage concessions

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UAW President Ron Gettelfinger said here today that the union didn't intend to make wage concessions as part of federal bailout provisions being demanded of General Motors and Chrysler LLC. Full story...
Jan
21st

Gettelfinger: No wage concessions for bailout

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The UAW will sacrifice to help General Motors and Chrysler LLC get their federal loans, but doesn't expect to take lower wages, President Ron Gettelfinger said tonight at the Automotive News World Congress. Full story...
Jan
21st

GM gets crucial $5.4 billion in U.S. funding

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General Motors said today it received a delayed payment of $5.4 billion under the emergency funding provided by the U.S. government to keep it in business. "GM confirmed that it did receive today the second draw of its U.S. Full story...
Jan
21st

US: GM spending $30m on Volt battery plant

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General Motors is spending $30m on a US plant to make next generation batteries for its all-electric Chevrolet Volt. Full story...
Jan
21st

US: GM 2008 global sales tally short of Toyota’s

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Though Toyota's group global sales for calendar year 2008 were down 4% year on year to 8,97m units, its first such dip in a decade, it comfortably beat General Motors which on Wednesday said it sold 8.35m last year. Full story...
Jan
21st

RUSSIA: AvtoVAZ plans 2009 cuts, layoffs

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A General Motors' Russian joint venture plans to reduce production and lay off workers this year. Full story...
Jan
21st

GM’s Henderson: Future rests on Chevy, Cadillac, Buick and GMC:

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General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. Full story...
Jan
21st

Toyota passes General Motors in global sales:

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After 77 years, General Motors’ reign as the world’s largest automaker is over. Full story...
Jan
21st

US: GM awaits delayed fed funds

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General Motors Corp chief operating officer has said the automaker expected to receive a delayed US government loan payment in the next several days that it needs to avoid running out of cash. Full story...
Jan
21st

GM’s sales fall, ending claim as world’s largest automaker

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General Motors said worldwide sales fell 10.8 percent in 2008, ending its 77-year claim as the world's largest automaker. GM sold 8.36 million vehicles last year, putting it about 616,000 units behind the 8.97 million reported by Toyota Motor Corp. Full story...
Jan
21st

GM’s Henderson: Future rests on Chevy, Cadillac, Buick and GMC

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General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress on Tuesday night. Full story...
Jan
20th

GM’s Henderson: Future rests on Chevy, Cadillac, Buick and GMC

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General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress tonight. Full story...
Jan
20th

GM COO: Future rests on Chevy, Cadillac, Buick and GMC

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General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress tonight. Full story...
Jan
20th

GM expects to get second part of federal loan this week

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General Motors says complicated paperwork is the reason it has not received the second installment of the low-interest federal loan it was due to receive on Friday, Jan. 16. GM expects the $5.4 billion this week, GM spokesman Greg Martin said. Full story...
Jan
20th

GM to spend $30 mln on Volt battery plant

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General Motors will invest $30 million in its planned U.S. plant that will build next-generation batteries for its all-electric Chevrolet Volt, the head of GM's flagship Chevrolet brand said today. Full story...
Jan
19th

Buick Blackhawk fetches $475,000 as GM peddles historical cars

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A 2000 Buick Custom Blackhawk fetched $475,000, and the first-built Corvette 2006 ZO6 took in more than $100,000 as General Motors peddled part of its history last week. Full story...
Jan
19th

GM honors 10 suppliers

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General Motors purchasing chief Bo Andersson singled out 10 of his 3,000 global suppliers for recognition at the Detroit auto show on Thursday, Jan. 15. Full story...
Jan
19th

Money woes may keep Converj from market:

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General Motors' tight finances may hold the automaker back from building a production version of the Cadillac Converj concept car. Full story...
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