Aug
13th
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General Motors Co.' Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Aug
12th
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General Motors Co.'s board and bankers pressed CEO Ed Whitacre to either leave the automaker or commit to stay for years more to help them sell investors on the company's initial public offering, three people with direct knowledge of the talks said. Full story...
Aug
12th
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Dan Akerson, named General Motors' new chairman and CEO today, has, like his predecessor Ed Whitacre, a strong background in telecommunications and related industries and solid experience restructuring large companies. Full story...
Aug
12th
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UPDATED--Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1. He will be replaced by Daniel Akerson, who joined the GM board in July 2009 after a long career in telecommunications. Full story...
Aug
12th
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Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1. He will be replaced by Daniel Akerson, who joined the GM board in July 2009 after a long career in telecommunications. Full story...
Aug
12th
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Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1. He will be replaced by Daniel Akerson, who joined the GM board in July 2009 after a long career in telecommunications. Full story...
Aug
12th
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General Motors' Vauxhall division says it has no plans to change advertising promoting its new lifetime warranty of up to 100,000 miles for new cars. Full story...
Aug
12th
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General Motors, the automaker 61 percent owned by the U.S. government, is seeking to raise $12 billion to $16 billion in an initial public offering, said a person familiar with the plan. Full story...
Aug
12th
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General Motors Company today announced second quarter 2010 net income of US$1.3bn (earnings per share of $2.55) - its largest quarterly profit since 2004 - on revenue of $33.2bn. Earnings before interest and tax (EBIT) was $2.0bn. Full story...
Aug
12th
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General Motors Company today announced second quarter 2010 net income of US$1.3bn (earnings per share of $2.55) on revenue of $33.2bn. Earnings before interest and tax (EBIT) was $2.0bn. Full story...
Aug
12th
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General Motors Co., poised to launch one of the largest public stock offerings in U.S. history this fall, today reported a $1.3 billion net profit for the second quarter -- GM's largest quarterly profit since 2004. Full story...
Aug
12th
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BMW, General Motors, Toyota Motor and other carmakers will lose production of more than 2,100 vehicles a day in South Africa after halting output because of a strike that began Wednesday. Full story...
Aug
12th
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General Motors has secured a US$5bn credit facility, returning to the capital markets a year after emerging from bankruptcy. Full story...
Aug
12th
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General Motors has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy. Full story...
Aug
12th
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General Motors announces Edward E. Whitacre will step down as CEO and as chairman of the board by the end of the year. Full story...
Aug
11th
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General Motors Co. could file a registration for its initial public offering of stock as soon as Friday, a day after it reports quarterly results, three people with knowledge of the process said today. Full story...
Aug
11th
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It's official: There's no mid-engine Corvette on the horizon. That's the word from General Motors top global engineer. A Corvette with a hybrid powertrain? That's a possibility. Full story...
Aug
11th
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It's official: There's no mid-engine Chevrolet Corvette on the horizon. That's the word from General Motors' top global engineer. Full story...
Aug
11th
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General Motors Co. is preparing to report second-quarter results that will show a substantial gain over the first quarter in a report it will use to bolster its bid to return to capital markets and pay back taxpayers. Full story...
Aug
10th
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In March 2009, General Motors Asset Management took on a new name: Promark Global Advisors. It was part of a push by the company to go beyond handling GM's pension funds and pursue outside clients. Now the company has shifted into reverse. Full story...