General Motors Co. plans to boost third-quarter North American vehicle production by 35 percent over second-quarter levels. The automaker said today it will build 210,000 cars and 325,000 light trucks in the three-month period.
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More than 6,000 U.S. hourly workers have left General Motors Co. under the automaker's latest buyout program intended to make it a leaner company after its emergence from bankruptcy.
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General Motors on Monday said its July sales in China surged almost 78% year on year to 144,593 units.
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Magna International and RHJ International are scheduled to meet German government and General Motors officials on Tuesday to decide who takes over Opel, government sources have said.
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Magna will cut 3,045 Opel jobs if it buys the automaker from General Motors, a German magazine said.
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German government officials and General Motors Co. representatives will meet the remaining two bidders for Opel on Tuesday, government sources said on Monday.
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Opel's future will top the agenda of a General Motors Co. board meeting today, Bloomberg news agency reported, saying also that Opel could be forced into bankruptcy if GM and the German government fail to agree on a buyer for the unit.
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Opel's future topped the agenda of a General Motors Co. board meeting Monday evening, Bloomberg news agency reported, saying also that Opel could be forced into bankruptcy if GM and the German government fail to agree on a buyer for the unit.
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The two suitors for Opel must improve their bids to win government backing, German Economy Minister Karl-Theodor zu Guttenberg said on Sunday. On Monday, Opel parent General Motors Co.
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The two suitors for Opel must improve their bids to win government backing, German Economy Minister Karl-Theodor zu Guttenberg said on Sunday before a Monday board meeting of parent General Motors Co., which is likely to focus on Opel.
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GM Europe's head of manufacturing, Eric Stevens, will return to North America to head the global manufacturing engineering operations of General Motors Co.
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Opel could be forced into bankruptcy if General Motors Co. and the German government fail to agree on a buyer for the unit, Bloomberg news agency reported on Saturday. The trust that controls Opel does not back an offer by Magna International Inc.
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Opel could be forced into bankruptcy if General Motors Co. and the German government fail to agree on a buyer for the unit, Bloomberg news agency reported on Saturday. The trust that controls Opel does not back an offer by Magna International Inc.
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GM Europe's head of manufacturing, Eric Stevens, will return to North America to head the global manufacturing engineering operations of General Motors Co.
Full story...
GM Europe's head of manufacturing, Eric Stevens, will return to North America to head the global manufacturing engineering operations of General Motors Co.
Full story...
GM Europe's head of manufacturing, Eric Stevens, will return to North America to head the global manufacturing engineering operations of General Motors Co.
Full story...
Opel could be forced into bankruptcy if General Motors Co. and the German government fail to agree on a buyer for the unit, Bloomberg news agency reported on Saturday. The trust that controls Opel does not back an offer by Magna International Inc.
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General Motors' UK unit Vauxhall has denied hiking prices ahead of the government's scrappage scheme as claimed by consumer organisation Which?
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Suzuki will remain in a joint venture with General Motors even though it has indefintely halted output at the Canadian (CAMI) plant this year, a senior executive said.
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Delphi has won court approval to sell its assets to its lenders and General Motors and appears on track to to emerge from Chapter 11 bankruptcy after four years.
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