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Jun
22nd

Hot Hummer makes May gain in Russia, all others tumble

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Hummer was the only automaker to report a month-on-month sales increase in Russia in May, according to figures from the Association of European Businesses in the Russian Federation. The General Motors SUV unit's sales rose 111. Full story...
Jun
22nd

Small group of GM bondholders objects to sale strategy

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A small group of General Motors bondholders formally objected on Friday to the automaker's plans for a speedy sale of its assets in bankruptcy court. Full story...
Jun
20th

Small group of GM bondholders objects to sale strategy

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A small group of General Motors bondholders formally objected on Friday to the automaker's plans for a speedy sale of its assets in bankruptcy court. Full story...
Jun
20th

Small group of GM bondholders object to sale strategy

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A small group of General Motors bondholders formally objected on Friday to the automaker's plans for a speedy sale of its assets in bankruptcy court. Full story...
Jun
19th

GERMANY: GM talks Opel with Ripplewood – paper

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General Motors is negotiating a sale of Opel with financial investor Ripplewood as well as Magna, Financial Times Deutschland said. Full story...
Jun
19th

GM’s monthly ad budget can reach $50 million, LaNeve says

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General Motors has been tight-lipped about what it's planning to spend on advertising while in bankruptcy, but Automotive News sister publication, Advertising Age, has the answer: $40 million to $50 million per month, which comes... Full story...
Jun
19th

US: GM axes Pontiac Vibe

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General Motors is to axe production of the Pontiac Vibe - a variant of the North America-only Toyota Matrix - by the end of August. Full story...
Jun
19th

Buick unveils a new tagline in LaCrosse ads

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Buicks' new tagline, "take a look at me now," is being unveiled in ads as General Motors launches the 2010 Buick LaCrosse. GM is airing the 30-second Buick spot nationally to "tease" the new LaCrosse sedan. Full story...
Jun
19th

Franz sees Opel as an attractive future auto partner

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Opel labor leader Klaus Franz hopes General Motors' planned sale of a majority stake in the German carmaker to a consortium led by Magna International will make it a more attractive partner for rivals. Full story...
Jun
18th

Buick unveils a new tagline in LaCrosse ads

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Buicks' new tagline, "take a look at me now," is being unveiled in ads as General Motors launches the 2010 Buick LaCrosse. GM is airing the 30-second Buick spot nationally to "tease" the new LaCrosse sedan. Full story...
Jun
18th

Vibe production coming to an end

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General Motors will stop making the Pontiac Vibe for the U.S. market at the end of August, the automaker announced today. Full story...
Jun
18th

Steve Girsky named to GM board as representative of UAW trust

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Steve Girsky has been named to the board of bankrupt General Motors as the sole representative of a UAW-administered retiree health care trust. Full story...
Jun
18th

Steve Girsky named to GM board by VEBA trustees

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Stephen Girsky has been named to the General Motors board as the sole representative selected by a UAW-administered retiree health care trust. Girsky, a former Wall Street analyst who worked briefly for GM, is president of business consultancy S.J. Full story...
Jun
18th

GM says dealership restructuring is complete

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General Motors says that its dealership restructuring process is complete, and that 30 retailers have refused to sign agreements to either shut down or continue with the entity that emerges from bankruptcy. Full story...
Jun
18th

GM cleared to cancel jet leases after brouhaha

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General Motors today received approval from U.S. Bankruptcy Court to reject aircraft leases on seven Gulfstream corporate jets. Full story...
Jun
18th

GM cleared to cancel jet leases after fall’s CEO flight brouhaha

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General Motors today received approval from U.S. Bankruptcy Court to reject aircraft leases on seven Gulfstream corporate jets. Full story...
Jun
18th

GM cleared to cancel jet leases after CEO brouhaha

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General Motors today received approval from U.S. Bankruptcy Court to reject aircraft leases on seven Gulfstream corporate jets. Full story...
Jun
18th

US: GM plans for $130 oil

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General Motors is basing its planning on oil prices as high as US$130 a barrel once the world economy recovers and will develop more electric cars and biofuels, its top executive has said. Full story...
Jun
18th

GERMANY: GM-Magna agreement target set

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General Motors and Magna have targeted 15 July to agree on the sale of a majority stake in Opel to the Canadian parts maker and its Russian partner Sberbank, a media report said. Full story...
Jun
18th

RUSSIA: New GM plant to build new Astra

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General Motors plans to build redesigned Opel Astra models at its new plant in the Russian city of St Petersburg from 2010, local managing director Hans Juergen Michel told a conference. Full story...
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