Auto News 5

A merger between General Motors and Chrysler LLC would result in the closing of as many as half of Chrysler's factories and the elimination of all but seven of its core models, according to a report by consulting firm Grant Thornton LLP. Read more ...

Toyota Motor has denied reports that it had been approached by General Motors for help combating its current business problems. Read more ...

General Motors' new global small sedan, which will be sold as the Chevrolet Cruze in the United States, went on sale here today. In Korea, the car is called the Daewoo Lacetti. Its 1. Read more ...

General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said... Read more ...

General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said... Read more ...

General Motors said today that its global vehicle sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2. Read more ...

General Motors said today that its global sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2. Read more ...

Sales of General Motors' vehicles fell 11.4% in the third quarter of this year, compared to the same period in 2007 as continuing economic pressures in North America and Europe offset better performances in emerging markets. Read more ...

General Motors is postponing nearly all of its spending on product development in 2009 and 2010 -- a cost-cutting move that could delay the introduction of key vehicles such as the Chevrolet Cruze. Read more ...

In light of the current economic situation in the United States and the free fall of its sales numbers, General Motors has announced the end of an important era of its history. The current incarnations of the GMC Yukon, Cadillac Escalade and Chevrolet Tahoe and Suburban full-size SUVs will not see a next generation. GM is tolling the Suburban's bell after a 76-year run, with production ending in 2011. The Suburban was named after a military derivative of the mid-1930s. Read more ...

General Motors will have seven new plant managers on Nov. 1, as North American factory chiefs leave under the new retirement incentive program. Read more ...

General Motors and Cerberus Capital Management LP have asked the U.S. Read more ...

DETROIT -- General Motors has told employees at its Detroit-Hamtramck and Bowling Green, Ky., plants that they will have an extra down week this year. GM spokesman Tony Sapienza said, "The market is telling us we don't need that many cars." Read more ...

WASHINGTON (Reuters) - The finance arms of U.S. automakers such as General Motors and Chrysler could apply aid from the financial rescue package approved by Congress earlier this month, the White House said on Monday. Read more ...

WASHINGTON (Reuters) - The finance arms of U.S. automakers such as General Motors and Chrysler could apply aid from the financial rescue package approved by Congress earlier this month, the White House said on Monday. Read more ...

Mahindra & Mahindra has reiterated it was not interested in General Motors' Hummer brand. Read more ...

General Motors reportedly has asked the US Treasury Department for financial aid to help complete a merger with Cerberus Capital Management. Read more ...

General Motors Acceptance Corporation (GMAC) is scaling back its Australian and New Zealand operations with the loss of 185 jobs. Read more ...

General Motors and Chrysler LLC's owners are discussing a merger that would keep some of Chrysler's operations intact and save jobs with the aim of securing U.S. Read more ...

Chrysler LLC's stakeholders are afraid. Cerberus Capital Management acknowledges that it is negotiating with General Motors about a merger, and media reports have speculated that Chrysler is negotiating with Nissan. Read more ...