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Dec
1st

Fritz Henderson removed as GM CEO:

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General Motors' board of directors ousted CEO Fritz Henderson after eight months, saying it wanted to chart a new course as the biggest U.S. automaker pushes ahead with its restructuring. Full story...
Dec
1st

Fritz Henderson steps down as GM CEO:

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Fritz Henderson has resigned as General Motors CEO, the automaker said on Tuesday. Henderson will be replaced by board chairman Ed Whitacre. Full story...
Dec
1st

US: GM to evaluate Saab ‘interest’ by year-end

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In a statement issued late on Tuesday (1 December), General Motors' Board of Directors has said that it has received 'expressions of interest in Saab' and will evaluate potential bids between now and the end of December. Full story...
Dec
1st

BREAKING: US: GM to evaluate Saab ‘interest’ by year-end

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In a statement issued late on Tuesday (1 December), General Motors' Board of Directors has said that it has received 'expressions of interest in Saab' and will evaluate potential bids between now and the end of December. Full story...
Dec
1st

GM, Ford production hikes could boost suppliers

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Production increases planned for the first quarter by General Motors Co. and Ford Motor Co. are giving hope to the depressed auto parts sector. Full story...
Dec
1st

GM picks former Ford exec Richards to run Buick-GMC

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General Motors Co. today said a former Ford Motor Co. executive will run the Buick and GMC brands. Michael D. Richards, 52, worked for Ford for 27 years before leaving in 2008. Full story...
Dec
1st

Volt rollout will be in specific markets, GM says:

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General Motors on Wednesday is expected to announce that the rollout of the Chevrolet Volt plug-in hybrid will take place in selected U.S. markets--not as a national launch. Full story...
Dec
1st

US: GM board considering Saab’s future today

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Saab Automobile on Tuesday faced the threat of closure as the General Motors board met on Tuesday (1 December, 2009) to hammer out plans after a deal collapsed to sell the Swedish brand. Full story...
Dec
1st

Volt rollout will be in specific markets, GM says

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General Motors Co. tomorrow is expected to announce that the rollout of the new Chevrolet Volt plug-in hybrid will take place in selected U.S. markets -- not as a national launch. Full story...
Dec
1st

GM to accept new offers for Saab; Spyker said to submit bid

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General Motors Co. said this afternoon that it has received and#8220;expressions of interestand#8221; in its Saab brand, and that the GM board will evaluate potential bids by the end of December. Full story...
Dec
1st

GM to accept new offers for Saab

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General Motors Co. said it has received and#8220;expressions of interestand#8221; in its Saab brand, and that the GM board will evaluate potential bids by the end of December. Full story...
Dec
1st

GERMANY: GM regains Opel control; labour talks this week

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General Motors has regained full control over its Opel unit after paying back a EUR1.5bn (USD2.25bn) emergency loan including interest, and dissolving a trust that held a 65% stake in the European carmaker. Full story...
Nov
30th

UK: Talks begin on 354 GM Luton job cuts

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As part of the consultation process commenced at a European employee forum meeting last week, the General Motors Manufacturing (GMM) facility in Luton - which builds commercial vans in a joint venture with Renault - has now begun its own period of consultation between unions and local management, GM said on Monday. Full story...
Nov
30th

CHINA: BAIC mulls next move on Saab

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Beijing Automotive Industry Holding Corp (BAIC) general manager Wang Dazong has said the Chinese automaker might still be interested in buying General Motors' Saab unit. Full story...
Nov
30th

Los Angeles auto show: General Motors brings new sedans, Ford has a Fiesta and Honda rolls out a P-NUT:

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Twelve vehicles will make world debuts this week at the Los Angeles auto show. Many are slightly altered versions of vehicles in production outside North America and of previously seen concepts. Full story...
Nov
18th

EU: EU to host Opel/Vauxhall meeting

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The EU Commission has invited General Motors and economic ministers from EU countries with Opel/Vauxhall plants to meet in Brussels on Monday (November 23) to discuss the company's restructuring plans for Europe. Full story...
Nov
18th

SWITZERLAND: ‘GM Europe’ disbanded in reorganisation

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Recent media reports in Germany may have muddied the waters a tad, but General Motors' European reorganisation is a constituent part of GM's broader international reorganisation this year. Full story...
Nov
16th

GM will launch sale across all brands this week:

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General Motors will launch a big incentive program on each of its four brands starting Nov. 18. Full story...
Nov
16th

GM will launch sale across all brands this week

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General Motors Co. will launch a big incentive program for its four surviving U.S. brands this week in a bid to flush out excess 2009 inventory that has been keeping GM's per-vehicle incentive spend the highest in the industry. Full story...
Nov
16th

GM posts $1.2 billion loss, says it will begin to repay U.S. loans

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General Motors Co. posted a $1.15 billion loss during the third quarter after its exit from bankruptcy and said reduced costs and strengthening sales would allow it to begin repaying $6.7 billion in U.S. loans. Full story...
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