General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia.
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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia.
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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia.
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General Motors could return to profit as early as 2011 after sharply reducing costs and debt through its recent bankruptcy restructuring, a Deutsche Bank analyst told an auto industry conference in Michigan.
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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.'
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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.'
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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.'
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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian-Austrian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
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General Motors Co. has decided to allow rejected dealers who want to close before Jan. 1 to do so without penalty. In June during its stint in U.S. Bankruptcy Court, GM targeted about 1,300 dealerships for closure.
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FRANKFURT/DETROIT (Reuters) -- General Motors Co. and Magna International have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
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General Motors Co. and Magna International have narrowed their differences in talks over the Canadian-Austrian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
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Suppliers and workers at General Motors' assembly plant in Spring Hill, Tenn., thought they had the inside track this summer when GM had to decide quickly where to build a new family of subcompact cars. They were wrong.
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General Motors Australian unit Holden has introduced two new locally-built 'Global V6' engines for its mainstay large-size Commodore range.
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General Motors said it made progress "clarifying issues from the best and final offers received two weeks ago" at several meetings with Opel bidders Magna and RHJI, and with members of the German automotive task force, in Berlin on Tuesday.
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Toyota Motor Corp. President Akio Toyoda said today the automaker hopes to make a decision soon on whether to shutter a California plant it has shared with General Motors for the past 25 years.
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American Axle & Manufacturing Holdings has reported a net loss of US$288.6m, ($5.20 a share) after a 57% year on year decline in total light truck production volumes in the second quarter of 2009 due to the the extended production halts at key customers General Motors and Chrysler while they restructured.
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The CFO of American Axle and Manufacturing Holdings Inc. said today the supplier plans to avoid going into bankruptcy, but declined to say whether General Motors Co. would again come to the rescue.
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The CFO of American Axle and Manufacturing Holdings Inc. said today the supplier plans to avoid going into bankruptcy, but declined to say whether General Motors Co. would again come to the rescue.
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The CFO of American Axle and Manufacturing Holdings Inc. said today the supplier plans to avoid going into bankruptcy, but declined to say whether General Motors Co. would again come to the rescue.
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