The old General Motors plant in Delaware that until July cranked out sports cars for Pontiac, Saturn and Opel will be sold and retooled to build plug-in hybrids with UAW workers.
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General Motors (GM) will not acknowledge that choosing Opel's buyers happened without political pressure, daily Financial Times Deutschland (FTD) said, citing GM sources.
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General Motors CEO Fritz Henderson has said Brazil's car market has "a very good outlook" and the automaker will reinvest profits from the country's unit locally.
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General Motors CEO Fritz Henderson says Brazil's car market has "a very good outlook" and the automaker will reinvest profits from the country's unit locally. Henderson told the newspaper O Estado de S.
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General Motors CEO Fritz Henderson says Brazil's car market has "a very good outlook" and the automaker will reinvest profits from the country's unit locally. Henderson told the newspaper O Estado de S.
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The European Commission has given itself until 27 November to rule on whether Magna's purchase of General Motors' European arm Opel poses competition concerns, it said on Monday.
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General Motors' management board will discuss the sale of 55% of Opel and Vauxhall to a consortium led by Magna International at its next regular meeting on 3 November, GM's chief negotiator John Smith has said.
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U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Del., for an announcement, according to the White House.
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U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Del., for an announcement, according to the White House.
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U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Del., for an announcement, according to the White House.
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The Canadian Auto Workers union has asked Canadian units of General Motors Co. and Chrysler Group to boycott a U.S. auto glass company that plans to bring in its products from factories in the United States.
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The Canadian Auto Workers union has asked Canadian units of General Motors Co. and Chrysler Group to boycott a U.S. auto glass company that plans to bring in its products from factories in the United States.
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The Canadian Auto Workers union has asked Canadian units of General Motors Co. and Chrysler Group to boycott a U.S. auto glass company that plans to bring in its products from factories in the United States.
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Workers at five Ford Motor Co. U.S. plants represented by the UAW have backed a contract aimed at bringing the automaker's labor costs in line with rivals General Motors Co. and Chrysler.
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At last, one long-running General Motors issue more or less got sorted today. No, that one, this one. As to Magna, well, there was another optimistic forecast this week but, with the Spanish still being bolshie and some sort of union ballot not due till Monday, we're not holding our breath.
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General Motors chief executive Fritz Henderson is to have his pay quadrupled under new federal guidelines for recipients of US bailout funds to US$5.45m but the cash portion will be cut, a person familiar with the plan has said.
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General Motors Co. put on hold a deal to sell a 55 percent stake in carmaker Opel to a Russian-backed consortium led by Canadian auto parts group Magna International Inc., GM's chief negotiator on the deal said on Friday.
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General Motors Co. put on hold a deal to sell a 55 percent stake in carmaker Opel to a Russian-backed consortium led by Canadian auto parts group Magna International Inc., GM's chief negotiator on the deal said today. No sale can proceed until the U.
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General Motors Co. bought all of the new shares offered by its struggling South Korean unit for $413 million and the U.S. carmaker will consider further financial aid if necessary, GM Daewoo said today.
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General Motors' stake in troubled South Korean unit GM Daewoo has risen to 70.1% from 51% while key creditor Korean Development Bank's (KDB) stake fell to 17% from 28% after the parent firm was the sole subscriber to a KRW491.2bn (US$412.7m) rights offer.
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