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Feb
24th

GM’s top battery executive for Volt to join California startup

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General Motors Co.'s top executive in charge of developing batteries for the Chevrolet Volt plug-in hybrid is leaving to take a position with an unnamed startup battery company in California. Full story...
Feb
24th

General Motors will wind down the Hummer brand after sale collapses:

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General Motors will wind down its Hummer brand after a proposed sale to China's Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through. Full story...
Feb
24th

Hummer sale collapses; GM will wind down the brand:

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General Motors will wind down its Hummer brand after a proposed sale to China's Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through. Full story...
Feb
24th

Hummer sale collapses; GM will wind down the brand

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General Motors Co. will wind down its Hummer brand after a proposed sale to China's Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through. Tengzhong and#8220;was unable to complete the acquisition,and#8221; GM said. Full story...
Feb
24th

Hummer sale collapses; GM will wind down the brand

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General Motors Co. will wind down its Hummer brand after a proposed sale to China's Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through. Tengzhong and#8220;was unable to complete the acquisition,and#8221; GM said today in a statement. Full story...
Feb
24th

INDIA: GM to hire 1,000

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General Motors India is to hire up to 1,000 people by the end of this year in order to strengthen its engineering design capabilities and to meet rising local demand for its cars, the Wall Street Journal reported. Full story...
Feb
24th

US: Toyota firm on Fremont closure

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Toyota will not reverse plans to end production at its former joint venture plant with General Motors in Fremont, California, despite a suggestion that doing so might give the embattled carmaker a lift in a big market, a top US executive told lawmakers on Capitol Hill. Full story...
Feb
24th

US: GM confirms third Lordstown shift for Cruze

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General Motors last night confirmed it would add a third shift at its Lordstown, Ohio complex, adding 1,200 jobs producing the new GM Daewoo-designed 2011 Chevrolet Cruze compact sedan. Full story...
Feb
24th

HUMMER Sale to Tengzhong Cannot be Completed

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DETROIT - General Motors today announced that Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. (Tengzhong) was unable to complete the acquisition of HUMMER. As a result, GM will begin the orderly wind-down of the HUMMER operations. Full story...
Feb
23rd

CHINA: SAIC Motor to take control of GM JV

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SAIC Motor is set to take control of its joint venture with General Motors, after getting the green light from the Chinese stock regulator to acquire the 1% stake it needs to hold a majority. Full story...
Feb
23rd

GM completes sale of Saab to Spyker:

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General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. Full story...
Feb
23rd

SWEDEN: Spyker successfully secures Saab

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Dutch luxury carmaker Spyker's protracted purchase of Saab from General Motors was finally completed late on Tuesday afternoon. Full story...
Feb
23rd

GM completes sale of Saab to Spyker

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General Motors Co. today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. Full story...
Feb
23rd

US: GM calls press conference ahead of expected Cruze ramp-up

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General Motors has called a press conference this afternoon (13:00EST; 18:00GMT) at its Lordstown complex in Ohio to make a "production announcement." Full story...
Feb
23rd

SWEDEN: Saab deal could be completed this week

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The sale of Saab by General Motors to Spyker Cars could be completed this week, Bloomberg News reported, citing two executives involved with the deal. Full story...
Feb
23rd

US: Girsky named head of GM strategy and business development

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General Motors has named Stephen Girsky vice chairman, corporate strategy and business development. Girsky, 47, will remain on the GM board to which he was appointed last July. Full story...
Feb
23rd

China’s SAIC Motor cleared to buy stake in GM JV

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China's biggest automaker, SAIC Motor Corp. today said it had won approval from the Chinese stock regulator to acquire a 1 percent stake in its Shanghai 50-50 car venture with General Motors Co. Full story...
Feb
23rd

China’s SAIC Motor cleared to buy stake in GM JV

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China's biggest automaker, SAIC Motor Corp. today said it had won approval from the Chinese stock regulator to acquire a 1 percent stake in its Shanghai 50-50 car venture with General Motors Co. Full story...
Feb
23rd

Spyker Cars Finalizes Purchase of Saab Automobile from General Motors

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Detroit - General Motors and Spyker Cars NV today announced that they have finalized the deal for Spyker to purchase Saab Automobile AB. Full story...
Feb
22nd

GM director Girsky named vice chairman; John Smith to retire

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General Motors Co. said board member Steve Girsky, who was critical of GM during his days as a Wall Street analyst, will become vice chairman in charge of corporate strategy and business development on March 1. Full story...
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