Not long ago, General Motors Co. as the biggest company in the United States could have attracted a legion of CEO candidates, but the automaker only looked within.
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The ouster of General Motors Co. CEO Fritz Henderson will not deter the interim Opel boss from his timetable to deliver a plan that would help the European carmaker achieve sustained profitability.
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General Motors Co. is looking to eliminate about 8,300 jobs at its European carmaker Opel, with the bulk of the cuts coming in Germany and Belgium, two sources familiar with the matter said on Wednesday.
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The abrupt dismissal of General Motors Co. CEO Fritz Henderson by Chairman Edward Whitacre stoked fears on Wednesday of deeper staff cuts at the U.S. automaker's European arm Opel and the possible liquidation of Saab.
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The ouster of General Motors Co. CEO Fritz Henderson will not deter the interim Opel boss from his timetable to deliver a plan that would help the European carmaker achieve sustained profitability.
Full story...
General Motors Co.'s management team was "surprised" and "saddened" by the sudden departure of CEO Fritz Henderson this week, Vice Chairman Bob Lutz said.
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Not long ago, General Motors as the biggest company in the United States could have attracted a legion of CEO candidates, but the automaker only looked within.
Full story...
Three months ago, General Motors Co.'s chairman, Ed Whitacre, reportedly issued a warning to senior executives: Improve market share, sales and profits within 12 weeks -- or heads will roll. Yesterday, CEO Fritz Henderson's head did roll.
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The ouster of General Motors Co. CEO Fritz Henderson prompted hundreds of comments on the Automotive News Web site, but certainly no consensus of opinion. Some readers are unabashedly critical of Henderson's performance.
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General Motors Co. will roll out its Chevrolet Volt in California first, as it ramps up production slowly, Vice Chairman Bob Lutz said.
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Bob Lutz did a fine job on Wednesday of not answering questions about the biggest story of the last two days--the big shake-up at the top of his company, General Motors.
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General Motors Co. is looking to eliminate about 8,300 jobs at its European carmaker Opel, with the bulk of the cuts coming in Germany and Belgium, two sources familiar with the matter said on Wednesday.
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In News Brake: Fritz Henderson is out at General Motors, U.S. sales show some signs of stability, and the 2010 Dodge Viper is better than ever . . . But Wait, There's More!
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The abrupt dismissal of General Motors Co. CEO Fritz Henderson by Chairman Edward Whitacre stoked fears on Wednesday of deeper staff cuts at the U.S. automaker's European arm Opel and the possible liquidation of Saab.
Full story...
The abrupt dismissal of General Motors Co. CEO Fritz Henderson by Chairman Edward Whitacre stoked fears today of deeper staff cuts at the U.S. automaker's European arm Opel and the possible liquidation of Saab.
Full story...
AutoNation Inc. CEO Mike Jackson said he was "surprised and concerned" about the dismissal of Fritz Henderson as General Motors Co. chief executive. Jackson, head of the largest U.S.
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Opel's finance chief Marco Molinari quit to pursue other interests a day after the board of parent General Motors Co. ousted CEO Fritz Henderson.Opel said a successor to Molinari, 45, will be and#8220;announced in due course.and#8221;
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General Motors has indicated it would contribute around EUR600m (US$904.3m) of its own cash to restructure Opel, German economy minister Rainer Bruederle said on Wednesday.
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A second small luxury car maker, this time Spyker of the Netherlands, is talking to General Motors about buying Saab Automobile, a week after Sweden's Koenigsegg dropped its bid and a day after Wyoming-based private investment firm Merbanco Merchant Banking confirmed it was out as a bidder for the Swedish unit, media reports said on Wednesday.
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German Economy Minister Rainer Bruederle Wednesday criticized General Motors Co. following the abrupt departure of CEO Fritz Henderson and the company's presentation of an incomplete restructuring plan for Opel and sister brand Vauxhall.
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