Auto News 5

American Axle & Manufacturing Holdings (AAM) hopes to raise up to $US108m from a public offering of 14m shares of its common stock. Its part of a strategy to boost liquidity at the partsmaker, originally spun off from a General Motors component operation, which narrowly escaped bankruptcy earlier this year. Full story...

Two top priorities of the new General Motors Co. leadership team are repaying money borrowed from the U.S. and Canadian governments and launching an initial public offering of stock, perhaps in 2010. Full story...

Two top priorities of the new General Motors Co. leadership team are repaying money borrowed from the U.S. and Canadian governments and launching an initial public offering of stock, perhaps in 2010. Full story...

Reviving General Motors Co. starts with creating best-in-class vehicles, GMand#8217;s North American President Mark Reuss said today. Full story...

General Motors is talking to China's fifth largest car maker, BAIC, about a partial sale of assets associated with its Saab brand, including tooling and technology, sources "with direct knowledge of the discussions" have told a news agency. Full story...

Opel labor leader Klaus Franz gave his clearest signal yet that he had dropped opposition to granting 265 million euros ($394 million) in annual wage concessions and would sit down to negotiate a deal with parent General Motors Co. Full story...

Opel labor leader Klaus Franz gave his clearest signal yet that he had dropped opposition to granting 265 million euros ($394 million) in annual wage concessions and would sit down to negotiate a deal with parent General Motors Co. Full story...

General Motors Co. is talking to Beijing Automotive Industry Holding Corp. Full story...

General Motors Co. is talking to Beijing Automotive Industry Holding Corp. Full story...

House leaders crafted a bill over the weekend that would provide third-party arbitration for rejected General Motors Co. and Chrysler Group dealerships using criteria more favorable to dealers than those proposed by the automakers last week. Full story...

General Motors on Monday said it would invest US$336m in its Detroit-Hamtramck assembly plant to begin production of the Chevrolet Volt electric car, with extended-range capabilities, in 2010. The plant initially will also build Opel/Vauxhall Ampera variants for Europe although production of those is expected eventually to shift across the Atlantic, possibly to the Vauxhall plant in Ellesmere Port, north west England, though a final decision has not been made. Full story...

General Motors Co. will spend $336 million so its Detroit-Hamtramck assembly plant can produce the Chevrolet Volt hybrid electric car starting late next year. Full story...

General Motors on Monday said it would spend $336 million on upgrades to the Hamtramck plant near downtown Detroit to build the Chevrolet Volt hybrid car. Full story...

General Motors has chosen recruiters Spencer Stuart to find a permanent CEO with extensive global, manufacturing and turnaround experience, sources "familiar with the situation" told the Wall Street Journal. Full story...

Top of the to-do list for new General Motors Europe (GME) president Nick Reilly is a new small city car. Full story...

General Motors Co. will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the carmaker said it remains confident that Berlin will soften its current tough stance. Full story...

A minority-dealer group, breaking ranks with other dealer organizations, on Friday praised General Motors Co.'s plans to allow rejected dealerships to appeal to third-party arbitrators. Full story...

General Motors Co. has tapped recruiting firm Spencer Stuart to find a permanent CEO with extensive global, manufacturing and turnaround experience, The Wall Street Journal reported, citing people familiar with the matter. Full story...

Nick Reilly, the new head of Opel/Vauxhall, promised investments in new models and pledged to put an end to business as usual at the General Motors Co. unit -- addressing two key grievances by unions. Full story...

Nick Reilly, the new head of Opel/Vauxhall, promised investments in new models and pledged to put an end to business as usual at the General Motors Co. unit -- addressing two key grievances by unions. Full story...