The top economic planning agency in China is likely to reject Sichuan Tengzhong's bid to buy Hummer from bankrupt General Motors, state radio said on Thursday.
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Neither the German government nor bankrupt U.S. carmaker General Motors will admit it, but rival suitors for GM's Opel unit are likely just pawns in a high-stakes game of poker with favored bidder Magna International.
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It would be a stretch for the US auto industry to meet the Obama administration's stated goal of having one million plug-in hybrid cars within six years, but General Motors was prepared to do its part if key hurdles could be overcome, a senior official has said.
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General Motors is continuing to discuss other offers for European unit Opel despite the letter of intent received from Magna last month which is legally non binding.
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General Motors plans to complete a one fifth cut in its white collar work force by October, a spokesman has said.
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General Motors plans to complete a 20 percent cut in its white-collar work force by October.
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A U.S. bankruptcy judge has denied a request from a small group of General Motors bondholders to become an "official committee" in the bankruptcy case.
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General Motors Corp will do the "heavy lifting" to help meet the ambitious goal set by President Barack Obama of having one million plug-in hybrid and electric vehicles on U.S. roads by 2015, a GM executive said on Tuesday.
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General Motors plans to complete a 20 percent cut in its white-collar work force by October.
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General Motors will do the "heavy lifting" to help meet the ambitious goal set by President Barack Obama of having one million plug-in hybrid and electric vehicles on U.S. roads by 2015, a GM executive said on Tuesday.
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General Motors plans to complete a 20 percent cut in its white-collar work force by October.
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General Motors plans to complete a 20 percent cut in its white-collar work force by October, a spokesman said today. General Motors plans to complete a 20 percent cut in its white-collar work force by October, a spokesman said today.
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A U.S. bankruptcy judge has denied a request from a small group of General Motors bondholders to become an "official committee" in the bankruptcy case.
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A U.S. bankruptcy judge has denied a request from a small group of General Motors bondholders to become an "official committee" in the bankruptcy case.
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No other company submitted a competing offer to the U.S. Treasury Department's bid to buy the healthy assets of General Motors from Chapter 11 protection, GM spokeswoman Julie Gibson confirmed today.
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No other company submitted a competing offer to the U.S. Treasury Department's bid to buy the healthy assets of General Motors from Chapter 11 protection, GM spokeswoman Julie Gibson confirmed today.
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General Motors' Australian unit Holden has welcomed the federal government's decision to introduce a new Australian Design Rule making electronic stability control (ESC) mandatory on all new passenger cars and SUVs.
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General Motors India (GMI), will continue to sell vehicles only under the Chevrolet brand, its president and managing director has said.
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Online consumers are bailing out of buying Saturns, Saabs and Hummers even before General Motors can unload those brands to their new owners, according to Web analysis firm Compete.
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General Motors' Shanghai GM car manufacturing joint venture - one of the first established in the country by a western automaker after the country's economy was opened up to foreign investment in the 1990s - has sold its two millionth Buick, a red Regal sedan delivered to a customer in the southern city of Guangzhou.
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