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Jul
16th

GM Europe exec picked to lead company’s global PR

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General Motors' chief spokesman in Europe has been tapped to steer global public relations for the U.S. automaker as it exits bankruptcy. Full story...
Jul
15th

Obama ‘strongly opposes’ dealer termination legislation

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The Obama administration said today it "strongly opposes" legislation to reverse terminations of thousands of General Motors and Chrysler auto dealerships by bankruptcy courts. Full story...
Jul
15th

GM’s randd chief Larry Burns, PR boss Steve Harris to retire

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General Motors, following through with plans to shake up management after exiting bankruptcy, said randd chief Larry Burns (pictured left) and public relations boss Steve Harris (right) will retire. Full story...
Jul
15th

GM’s randd chief Burns, PR boss Harris to retire

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General Motors, following through with plans to shake up management after exiting bankruptcy, said randd chief Larry Burns and public relations boss Steve Harris will retire. Full story...
Jul
15th

GM to invest $1 billion in Brazil to develop new cars

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General Motors unveiled plans today to spend 2 billion reais ($1.02 billion) in Brazil through 2012 to develop a new family of vehicles for the South American market. Full story...
Jul
15th

JAPAN: ‘Old’ GM pays off some supplier debts

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Denso and Yazaki have received partial payments for accounts receivable from failed General Motors Corp through a US government financial support programme, sources familiar with the matter said on Wednesday. Full story...
Jul
15th

Former General Motors CEO nets multimillion-dollar retirement package:

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Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. Full story...
Jul
15th

Former General Motors CEO Rick Wagoner punches out with $8.6 million:

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Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. Full story...
Jul
15th

US: Prez praises automakers for speedy bankruptcies

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President Barack Obama has praised General Motors and Chrysler for emerging from bankruptcy ''in record time'' in the past few weeks. Full story...
Jul
15th

US: GM restructure costs partsmaker JPY900m

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Auto partsmaker Yorozu has said it will suspend operations at its US plant in Michigan in October in response to the restructuring of major client General Motors. Full story...
Jul
15th

Former GM CEO Wagoner retires with $8.6 million package

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Former General Motors CEO Rick Wagoner, ousted in March by the Obama administration, will retire in August with a package worth $8.6 million in the first five years. Full story...
Jul
14th

Former GM CEO Wagoner retires with $8.6 million package

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Former General Motors CEO Rick Wagoner, ousted in March by the Obama administration, will retire in August with a package worth $8.6 million in the first five years. Full story...
Jul
14th

GM, Chrysler seek ‘non-legislative’ agreement on dealer closings

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General Motors and Chrysler Group are in talks with lawmakers to try to fashion a new agreement on dealer closings and avoid legislation that would unwind the shutdown of thousands of these stores, spokesmen for the two companies said. Full story...
Jul
14th

Objections grow to Visteon’s proposed bonus program

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The U.S. trustee overseeing Visteon Corp.'s Chapter 11 bankruptcy case, the committee representing unsecured creditors, and General Motors have joined Ford Motor Co. in objecting to Visteon's proposed bonus programs. Full story...
Jul
14th

Objections grow to Visteon’s bonus proposal

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The U.S. trustee overseeing Visteon Corp.'s Chapter 11 bankruptcy case, the committee representing unsecured creditors, and General Motors have joined Ford Motor Co. in objecting to Visteon's proposed bonus programs. Full story...
Jul
14th

July sales remain weak, GM’s Henderson says

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The new General Motors, less than a week out of bankruptcy, is grappling with weak U.S. sales so far in July, CEO Fritz Henderson said today. After June's seasonally adjusted annual sales rate slipped to 9. Full story...
Jul
14th

July sales remain weak, Henderson says

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The new General Motors, less than a week out of bankruptcy, is grappling with weak U.S. sales so far in July, CEO Fritz Henderson said today. After June's seasonally adjusted annual sales rate slipped to 9. Full story...
Jul
14th

US: Obama autos task force chief steps down

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The Obama administration's autos task force leader has stepped down Monday following General Motors and Chrysler emerging from bankruptcy protection under government-backed initiatives, officials said. Full story...
Jul
14th

US: Pontiac G8 could become Chevrolet Caprice

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Holden exports from Australia to the US may be on again now General Motors is reported to be "actively" studying salvaging the relatively new G8 large sedan from the axed Pontiac brand in order to give it to the Chevrolet division as a revived Caprice. Full story...
Jul
14th

GM says retailers were asked to air concerns about bill, not forced

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General Motors helped orchestrate a campaign inviting as many as 4,000 U.S. dealers to oppose U.S. legislation that would save stores targeted for closing, a spokesman said. Full story...
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