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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Dutch luxury carmaker Spyker's protracted purchase of Saab from General Motors was finally completed late on Tuesday afternoon.
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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.
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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."
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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.
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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.
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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.
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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.
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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.
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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.
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