The UK units of General Motors and Nissan are confident that Britain's new coalition government will keep millions of pounds of loans in place to support carmakers, despite imminent spending cuts by the country's new ruling coalition.
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General Motors Co.'s OnStar telematics unit is bringing Google mobile navigation technology into the car.
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The fact that General Motors has just posted its first quarterly profit in three years is undeniably good news for a battered company attempting to get back on its feet.
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General Motors Co.'s OnStar telematics unit is bringing Google mobile navigation technology into the car.
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General Motors Co. Corvette sports cars for the 2004 model year are being investigated by U.S. regulators for possible fuel-tank leaks, the National Highway Traffic Safety Administration said.
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In one of the first arbitration decisions involving General Motors Co., a Michigan Chevrolet dealer won his bid for reinstatement and has been told he will be receiving a letter of intent from the manufacturer.
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General Motors has formed a partnership with Hawaiian power firm the Gas Company to test the stateand#8217;s hydrogen infrastructure.
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General Motors Co. wants to return to the era of subprime lending. The problem is, it can't. At least not in big numbers. That's why the automaker wants more control over its lending again.
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Three years after General Motors won wage and benefit concessions from the United Auto Workers (UAW), the company has yet to realise savings from a key provision that cuts pay by more than half for new US hires, a newspaper report said.
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EDITOR WES RAYNAL: A nice little ute, by far the best small SUV to come out of General Motors ever. It looks terrific to my eye, and I like the interior, too. The materials look good but aren't (too many hard plastics).
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Profitable again! Those will be the words echoing around General Motors' headquarters and factories as workers arrive after the 8.30am EDT annoucement of first quarter 2010 operating income of US$1.2bn on revenue of $31.5bn, though GM Europe results remained in the red.
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General Motors Co. says it rode cost cuts and strong sales of new models to an $865 million first-quarter net profit, boosting its plans to go public. The automaker posted an operating profit of $1.
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General Motors Co. posted a first-quarter profit as production snapped back and said it was making progress on a turnaround expected to put it on track toward its first full-year profit since 2004.
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All eyes will be on General Motors a little later today to see if a year of pain has translated into the first quarterly profit since 2007.
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At this time last year, Mark Reuss was running General Motors' Holden subsidiary in Australia. What a difference Chapter 11 makes.
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Some Chrysler dealers, who now rely on GMAC Financial Services for retail and floorplan financing, were alarmed by reports last week that General Motors Co. is looking at reacquiring the auto lending company.
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The U.S. Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co., the Wall Street Journal reported.
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Today's news that General Motors will launch Chinese-developed light trucks in India by the end of next year makes a lot of sense. After all, both countries have much in common.
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Today's news that General Motors will launch Chinese-developed light trucks in India by the end of next year makes a lot of sense. After all, both countries have much in common.
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General Motors will introduce light trucks developed in China in India by the end of 2011.
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