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Aug
6th

GM sees little progress in talks over Magna’s bid for Opel

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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. Full story...
Aug
6th

GM sees little progress during talks over Magna’s bid for Opel

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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. Full story...
Aug
6th

GM-Magna have tough issues to fix in Opel talks

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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. Full story...
Aug
6th

US: GM seen profitable by 2011

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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. Full story...
Aug
6th

Ford will work with Magna if supplier buys Opel, Booth says

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.' Full story...
Aug
6th

Ford will work with Magna if supplier buys Opel, Booth says

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.' Full story...
Aug
6th

Ford will work with Magna if supplier buys GM’s Opel unit, CFO Booth says

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Ford Motor Co. is closely watching Magna International Inc.'s bid for General Motors Co.' Full story...
Aug
6th

GM opposition to Magna waning, German politicians say

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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. Full story...
Aug
5th

GM will let dealers terminate early without penalty

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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. Full story...
Aug
5th

GM opposition to Magna waning, German politicians say

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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. Full story...
Aug
5th

GM opposition to Magna waning, German politicians say

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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. Full story...
Aug
5th

GM opposition to Magna waning, German politicians say

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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. Full story...
Aug
5th

For Spring Hill plant, flexibility wasn’t enough

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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. Full story...
Aug
5th

AUSTRALIA: GM Holden gives Commodore new V6s

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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. Full story...
Aug
5th

GERMANY: GM says progress made on Opel sale

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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. Full story...
Aug
5th

Toyota to decide on California plant soon

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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. Full story...
Aug
5th

US: American Axle reduces Q2 loss despite automaker closures

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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. Full story...
Aug
5th

American Axle aims to stay out of bankruptcy, shares surge 40%

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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. Full story...
Aug
5th

American Axle posts loss on automaker shutdowns

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Supplier American Axle and Manufacturing Holdings Inc. today reported a bigger-than-expected quarterly loss, hurt by steep production cuts by automakers including General Motors Co. and Chrysler Group LLC. Full story...
Aug
5th

American Axle aims to stay out of bankruptcy, exec says

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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. Full story...
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