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Jun
30th

US: GM has its ducks in a row ahead of IPO

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General Motors said that customers in the US are paying US$3,000 more on average per vehicle than last year when the automaker was under bankruptcy court protection. Full story...
Jun
29th

GM plans to launch Chevy van in several global markets

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Chevrolet plans to launch a family van soon in several global regions, GM Vice Chairman Tom Stephens said today in showing analysts GM's future product plans. General Motors Co. Full story...
Jun
29th

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say:

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Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan. Full story...
Jun
29th

GM readies major product push in emerging markets as IPO nears

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General Motors Co. -- laying the foundation for an initial public offering as early as this fall -- told analysts today it will introduce 70 new or upgraded models in international markets by 2014. Full story...
Jun
29th

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

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Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan. Full story...
Jun
28th

GM’s Nexteer workers to vote on renegotiated labor agreement

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Nearly 2,100 hourly workers at General Motors Co.'s Nexteer Automotive steering plant in Saginaw, Mich., will get a second chance tomorrow to approve a concessionary contract that would spare the plant from possibly closing. Full story...
Jun
28th

GM stock offering to cut U.S. stake, raise new capital, sources say

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General Motors Co.'s planned public stock sale is likely to leave the U.S. government with a minority stake while also raising new funds for the automaker, people briefed on the still-developing plans said. Full story...
Jun
28th

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

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Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan. Full story...
Jun
28th

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

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Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan. Full story...
Jun
28th

RUSSIA: GM JV boosts stamping capacity

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GM Uzbekistan, the joint venture between General Motors and Uzbek automaker Uzavtoprom, has built a US$37.3m stamping line, the Russina partner said on Monday. Full story...
Jun
24th

GM’s Ewanick switches Cadillac ad agency, sources say

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General Motors Co., under new marketing chief Joel Ewanick, has shifted ad duties on Cadillac to Publicis Groupe's Fallon after just five months at Publicis-backed Bartle Bogle Hegarty, according to two people familiar with the matter. Full story...
Jun
23rd

US: GM seeks additional retail sale financiers

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General Motors is talking to financial institutions to try and make more auto loans available to buyers. Full story...
Jun
23rd

GM ready to move on IPO soon

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General Motors is preparing for an initial public offering that would sell 20 percent of the Treasury's stake in the automaker and reduce the U.S. to a minority owner, said two people familiar with the plan. Full story...
Jun
22nd

US: GM creates new South America unit

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General Motors on Tuesday said it was creating a new regional organisation to meet rising customer demand in South America. Full story...
Jun
22nd

In split from GM International unit, S. America gets own sales region

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General Motors Co., taking another step to fine-tune its international operations, is creating a separate sales region for South America, and the head of the new unit will report directly to CEO Ed Whitacre. Full story...
Jun
21st

RUSSIA: GM plans talks with truckmaker Kamaz

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General Motors will have talks with Russian truckmaker OAO Kamaz this week about a possible partnership, an aide to Russian president Dmitry Medvedev said on Monday. Full story...
Jun
18th

GM board member Kresa said to retire as soon as July

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General Motors Co. board member Kent Kresa, who served as interim chairman during the automaker's bankruptcy, will retire as a director as soon as July, said two people with direct knowledge of the matter. Full story...
Jun
18th

GM halts work at truck plant to replace part

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General Motors Co. has suspended output of heavy-duty pickups at a plant in Flint, Mich., to replace an unidentified part. Full story...
Jun
18th

Opel expects big sales boost for Astra with debut of new wagon

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Opel/Vauxhall expects its Astra compact car range to get a big sales boost with the addition of a station wagon variant that will launch in Europe in November, a month after its debut at the Paris auto show. The wagon, which the General Motors Co. Full story...
Jun
17th

US: Chevy Volt owners to be offered free faster chargers

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The first 4,400 buyers of the Chevrolet Volt range extender petrol-electric hybrid car will be eligible for a free home charging station, General Motors said on Thursday. Full story...
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