Hundreds of workers at General Motors' Thai assembly plant on Thursday ended a 10-day strike after settling a pay dispute with the management, the automaker said.
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Strong signs remain General Motors and Magna International will ink a deal to sell a majority stake in Opel before the end of the week though not, it seems, today.
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There are strong signs General Motors and Magna International will sign a deal to sell a majority stake in Opel before the end of the week.
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There are strong signs General Motors and Magna International will sign a deal to sell a majority stake in Opel before the end of the week or even later today.
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General Motors CEO Fritz Henderson on Wednesday was in talks with state-run Korea Development Bank to try to secure hundreds of millions of dollars in fresh loans for the troubled GM-Daewoo subsidiary, officials said.
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General Motors is planning on growth outpacing China's car market in 2010, its China unit head said on Wednesday, after the automaker outperformed the country's overall market in the first three quarters of 2009.
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General Motors last night said it was spending over $230m on four of plants in the greater Flint, Michigan, area to "support" production of the 2011 Chevrolet Cruze and Volt, "representing" over 500 jobs.
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After weeks of negotiations, General Motors Europe's UK unit Vauxhall, Magna International and the Unite union have agreed a plan that halves the number of job losses the successful bidder for Opel/Vauxhall had originally proposed.
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General Motors chief exective Fritz Henderson on Tuesday said his trip to China would not include talks with Chinese regulators about the deal to sell GM's Hummer brand to Chinese machinery maker Tengzhong.
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General Motors chief executive Fritz Henderson on Tuesday said he expected the Chinese market, which has shown strong growth in recent months, to grow at a significant pace in the future.
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Former General Motors sales chief Mark LaNeve has been named chief marketing officer at insurer Allstate Corp.
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General Motors expects to sign a deal on Thursday to sell 55% of its Opel-Vauxhall operation to Magna International and Russian partner Sberbank, according to German news agency reports.
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The General Motors/Sichuan Tengzhong deal to sell Hummer is "frankly more than a little puzzling", IHS Global Insight auto analyst Aaron Bragman said in a note to clients on Monday.
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General Motors wants significant progress this week on the sale of Opel/Vauxhall to Magna International or it might reconsider its options, according to numerous UK media reports over the weekend.
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South African assembly of Hummer's H3 SUV will not resume and all global production will be "consolidated" in the US, a General Motors spokesman confirmed on Monday.
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General Motors and Sichuan Tengzhong Heavy Industrial Machinery finally announced late on Friday that they had "entered into a definitive agreement that would allow Tengzhong to acquire" GM's Hummer brand.
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Developed entirely in Brazil, the Chevrolet Agile is the first member of a new General Motors family codenamed Viva that cost US$400m to develop and will spawn at least two more derivatives.
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Vauxhall has nothing but admiration for UK government business secretary Lord Peter Mandelson in the way that he is fronting the battle with Magna - prospective owner of the haemorrhaging General Motors Europe.
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General Motors has squeezed savings of over 25% out of the build time for its redesigned Astra hatchback model, which is just going into production here in the UK at Vauxhall's Ellesmere Port plant.
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German government officials were scheduled to meet representatives of other European countries with Opel factories on Friday afternoon in Berlin to discuss potential aid contributions for the European General Motors unit.
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