General Motors Co. emerged from a 40-day bankruptcy in July with a newfound zeal that things at the top U.S. automaker would never be the same.
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Dutch billionaire John de Mol is not involved in a possible buyout of Swedish carmaker Saab, which Dutch Spyker Cars NV would like to buy from General Motors Co., De Mol's investment company Talpa said.
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General Motors Co. emerged from a 40-day bankruptcy in July with a newfound zeal that things at the top U.S. automaker would never be the same.
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General Motors Co. is continuing to wind down Saab and does not plan to make further announcements regarding the brand's sale, a spokesman said today. No new Saab deals are imminent with any interested parties, GM spokesman Chris Preuss said.
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General Motors Co. is continuing to wind down Saab and does not plan to make further announcements regarding the brandand#8217;s sale, a spokesman said today. No new Saab deals are imminent with any interested parties, GM spokesman Chris Preuss said.
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Beijing Automotive Industry Holding said it paid US$200m to purchase technology from General Motors' Saab unit as the Chinese automaker speeds up development of its own vehicles.
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Beijing Automotive Industry Holding Corp., China's fifth-largest automaker, will launch an aggressive campaign to develop its brand both at home and overseas, after buying car designs from General Motors Co.'s Saab unit.
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Beijing Automotive Industry Holding Corp. (BAIC), China's fifth-largest automaker, will launch an aggressive campaign to develop its brand both at home and overseas, after buying car designs from General Motors Co.s' Saab unit.
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Maruti Suzuki India is finally planning to enter the multi-purpose vehicle segment so far dominated by Mahindra and Mahindra's Scorpio, Toyota's Innova and General Motors' Tavera.
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Output by GM Uzbekistan, a joint venture between General Motors and Uzbek automaker Uzavtoprom, rose 4.2% year on year to 184,572 units in January - November, Uzbekistan's state statistics committee said in a report obtained by Prime-Tass on Tuesday.
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An unidentified Dutch billionaire is behind Dutch sportscar maker Spyker's last-ditch bid to buy Saab from General Motors, according to Swedish newspaper Svenska Dagbladet which cited several sources close to the talks.
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In News Brake: General Motors gets another offer for Saab from Spyker, Peugeot blocks Audi for Sebring, and we drive the Audi E-tron . . . But Wait, There's More!
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Sweden said a last-ditch bid by Spyker Cars for Saab offered a thread of hope the General Motors Co. brand would survive, as talks between the Dutch sports car maker and GM extended into the evening.
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New Zealander Chris Liddell on Monday was named General Motors vice chairman and chief financial officer. He was most recently CFO for Microsoft, a post he held since May, 2005.
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General Motors Co. appointed Chris Liddell, Microsoft Corp.'s finance chief, as vice chairman and CFO, replacing Ray Young. Liddell, 51, has served as Microsoft's CFO since May 2005.
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General Motors has begun loan repayments to the US, Canadian and Ontario governments.
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Last-ditch negotiations to save Saab Automobile continued over the weekend after General Motors on Friday said talks with Spyker had ended and that the brand would be wound down. Spyker said on Sunday it had submitted a renewed offer with a deadline of 5pm EST (10pm GMT) today (21 December) "in the hopes of securing a future for Saab, its employees and the brand - despite the announcement that the winding down of Saab would begin".
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General Motors Co.'s Chevrolet Division tapped two agencies to handle creative advertising during the first half of 2010. Publicis won work for the Chevrolet Malibu, Equinox and Traverse nameplates, the division said in a statement.
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General Motors Co. said it would evaluate several expressions of interest for Saab, including a new fast-track bid from Spyker Cars.
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