General Motors Co. will announce next week the location of its new Michigan plant that will assemble the battery pack for the plug-in hybrid Chevrolet Volt, GM's top engineer said today.
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General Motors has said that it still has considerable problems with the offer from Magna to sell its European arm Opel. The comments from the US giant seem to have put to an end hopes a deal could be reached in coming days.
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General Motors' Buick brand will launch a crossover with plug-in hybrid system in 2011, a year after the mainstream models arrive with new, fuel efficient direct injected petrol engines.
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Opel's top labor leader Klaus Franz wants German Chancellor Angela Merkel and her foreign minister to intervene personally in stalled talks between Magna International Inc. and General Motors Co. and push for progress, he told Reuters on Friday.
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Opel's top labor leader Klaus Franz wants German Chancellor Angela Merkel and her foreign minister to intervene personally in stalled talks between Magna International Inc. and General Motors Co. and push for progress, he told Reuters today.
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Magna International Inc., one of the two bidders vying to buy Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production.
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Magna International Inc., one of the two bidders vying to buy Opel from General Motors, on Friday reported a second quarter loss, hurt by steep declines in global auto production.
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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, on Friday reported a second quarter loss, hurt by steep declines in global auto production.
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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, on Friday reported a second quarter loss, hurt by steep declines in global auto production.
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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, today reported a second quarter loss, hurt by steep declines in global auto production.
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Magna International Inc., one of the two bidders negotiating with General Motors Co. to get German subsidiary Opel, today reported a second quarter loss, hurt by steep declines in global auto production.
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General Motors may beat its China vehicle sales forecast of 27% growth this year as sales in the country boom and also because of the company's revamped group structure.
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Toyota will decide by the end of this month whether to pull out of the California plant it has operated with General Motors since 1984, a top executive said today.
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General Motors Co. is likely to beat its China vehicle sales forecast of 27 percent growth this year, partly helped by a revamped group structure, a senior executive said.
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General Motors Co. is likely to beat its China vehicle sales forecast of 27 percent growth this year, partly helped by a revamped group structure, a senior executive said.
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General Motors Co.'s chief environmental, energy and safety officer, Elizabeth Lowery, is retiring, a GM spokesman confirms. The spokesman did not know when Lowery's retirement is effective.
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General Motors Co.'s chief environmental, energy and safety officer, Elizabeth Lowery, is retiring, a GM spokesman confirms. The spokesman did not know when Lowery's retirement is effective.
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General Motors Co.'s chief environmental, energy and safety officer, Elizabeth Lowery, is retiring, a GM spokesman confirms. The spokesman did not know when Lowery's retirement is effective.
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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.'s Opel unit but thinks it could continue working with Magna even if the giant supplier also owns a stake in a rival automaker, Ford CFO Lewis Booth said.
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General Motors will use some of funds remaining after its Chapter 11 bankruptcy restructure to speed up important new model launches to recapture lost market share, chairman Ed Whitacre said soon after his first meeting as chair of the 'new GM' board.
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