A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles.
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A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles.
Full story...
A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles.
Full story...
A group of credit unions from Michigan, Ohio, Indiana and Illinois is pledging $10 billion in low-cost auto financing to its more than 12 million members for the purchase of General Motors vehicles.
Full story...
Now that General Motors needs to trim marketing costs by some $600 million in the next four years, will it also need to trim agencies? GM said it will focus on only four of its eight vehicle brands including Chevrolet, which accounts for more than...
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General Motors staff have been lobbying Congress to keep CEO Rick Wagoner in charge of their beleagured employer.
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As the U.S. government nears a deal to save General Motors, a debate rages over whether CEO Rick Wagoner's job should be spared in the bailout.
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As the U.S. government nears a deal to save General Motors, a debate rages over whether CEO Rick Wagoner's job should be spared in the bailout.
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Only a few issues remain to be resolved by congressional Democratic leaders and the White House before lawmakers can vote on emergency aid to General Motors and Chrysler LLC, Senate Majority Leader Harry Reid said today.
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Kroymans Corporation will stop distributing General Motors' Cadillac, Corvette and Hummer brands in Europe next year, a Dutch newspaper reported today. The Dutch dealer group has distributed the U.S. brands in EU markets for the past five years.
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Kroymans Corporation will stop distributing General Motors' Cadillac, Corvette and Hummer brands in Europe next year, a Dutch newspaper reported today. The Dutch dealer group has distributed the U.S. brands in EU markets for the past five years.
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Negotiations continued Monday night on legislation that would provide an estimated $15 billion in emergency federal loans to General Motors and Chrysler LLC.
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DETROIT (Reuters) -- The UAW is seeking a stake in General Motors and a board seat as the union offers concessions intended to allow the automaker to slash costs and clinch federal aid, a union official said.
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The United Auto Workers union is seeking a stake in General Motors Corp and a board seat as it offers concessions intended to allow the automaker to slash costs and clinch federal aid, a union official said.
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General Motors today unveiled an unusually frank advertisement acknowledging it had "disappointed" and sometimes even "betrayed" American consumers as it lobbies to clinch the federal aid it needs to stay afloat into next month.
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Calls for General Motors chief Rick Wagoner to step down intensified at the weekend as Congress considered a $15bn loan package to help the beleaguered Detroit Big Three automakers.
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General Motors is talking to potential investors who could take partial ownership in Saab. Jan-Ake Jonsson, managing director of the Swedish brand, said GM and Saab are talking to several investors about putting money into the company.
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As Ford Motor and General Motors consider selling their Swedish brands, Volvo's long-term future seems brighter than Saab's.
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The problems of General Motors and Ford Motor in the US have created an uncertain future for the carmakers' European operations. GM is talking to potential investors who could take partial ownership in its Saab brand.
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As General Motors executives weigh the future of the disappointing Saturn division, GM is not allocating new money toward future Saturn products, according to a source familiar with GM's budget.
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