Items Tagged with 'gm'


Auto sales review- Ford’s Sales Rose nd Toyota Reports Decline thumbnail

Auto sales review- Ford’s Sales Rose nd Toyota Reports Decline

Ford Motor [[F]], General Motors [[GRM]] and Nissan [[NSANF]] all reported improved January sales compared to a year ago. Honda Motor ...
What is Obama bail-out tax- financial crisis responsibility fee? thumbnail

What is Obama bail-out tax- financial crisis responsibility fee?

President Barack Obama will propose fees of 15 basis points on so-called high-risk transactions of big banks and financial institutions who ...
Russian Sberbank demands compensation from General Motors over failed Opel deal thumbnail

Russian Sberbank demands compensation from General Motors over failed Opel dealvideo attached

The Russian Sberbank that stood to take the largest stake in the failed OPEL International [[OPL]] deal wants its money back. ...
How General Motors lost $1.15 Billion? thumbnail

How General Motors lost $1.15 Billion?

General Motors Corp (NYSE:GRM), firm which emerged after bankruptcy protection, has reported a loss of $1.2 billion in the three months ...
General Motors calling off Opel Vauxhall deal to Magna, Frank Stronach dream dies- less job cut thumbnail

General Motors calling off Opel Vauxhall deal to Magna, Frank Stronach dream dies- less job cut

General Motors (NYSE:GRM) has opted to keep the European business Opel after a year of uncertainty and high-stakes political negotiations. Now its ...
Fisker Automotive Buying GM Delaware Plant To Build Plug-In Hybrid,   Joe Biden smile thumbnail

Fisker Automotive Buying GM Delaware Plant To Build Plug-In Hybrid, Joe Biden smile

California-based venture capital firm electric car maker, Fisker  Automotive has reached a deal to acquire the recently idled General  Motors (GM) ...
Threat to sale of GM unit in Europe Opel to Magna thumbnail

Threat to sale of GM unit in Europe Opel to Magna

Germany does not expect concerns at the European Commission in Brussels to lead to any serious problems with the planned sale ...
UK Union agrees deal with Magna International to protect jobs, production at GM’ Vauxhall thumbnail

UK Union agrees deal with Magna International to protect jobs, production at GM’ Vauxhall

The Unite trade union had struck a deal to secure the future of GM (NYSE:GRM) Opel (PINK:OPELF) car plants in Britain ...
General Motors kills fading star brand Saturn thumbnail

General Motors kills fading star brand Saturn

General Motors said Wednesday that it would shut down its Saturn division by next year after Penske Automotive Group abruptly cut ...
RHJ International In Talks with General Motors over the Acquisition of a Stake in Opel GMBH thumbnail

RHJ International In Talks with General Motors over the Acquisition of a Stake in Opel GMBH

RHJ International ("RHJI") announces today that it is in negotiations with General Motors Corporation ("GM") over the acquisition of a majority ...
Judge Robert E. Gerber Approves GM Plan to Sell Assets: NGMCO INC. thumbnail

Judge Robert E. Gerber Approves GM Plan to Sell Assets: NGMCO INC.

A U.S. judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York approved General Motors ...
General Motors sells Hummer brand to Chinese firm Sichuan Tengzhong confirmed ! thumbnail

General Motors sells Hummer brand to Chinese firm Sichuan Tengzhong confirmed !

Sichuan Tengzhong Heavy Industrial Machinery, a privately-owned Chinese company, is buying Hummer for an expected $150m $250m General Motors Corp. has struck ...
Collapse of General Motors Corp. files for Chapter 11 bankruptcy protection! thumbnail

Collapse of General Motors Corp. files for Chapter 11 bankruptcy protection!

The Detroit-based General Motors Corp., for decades a symbol of American manufacturing supremacy, filed a Chapter 11 petition to the U.S. ...
GM Canada confirms about 245 dealers getting termination notices thumbnail

GM Canada confirms about 245 dealers getting termination notices

General Motors Canada is telling almost 250 dealers they will lose their franchises next year as the automaker thins dealer ranks ...
GM hires executive search firm Spencer Stuart for new Board thumbnail

GM hires executive search firm Spencer Stuart for new Board

General Motors Corp. has hired an executive-search firm to help find replacements for at least half of its 12 directors, reflecting ...
GM to shed 21,000 jobs, phasing out Pontiac thumbnail

GM to shed 21,000 jobs, phasing out Pontiac

General Motors Corp. plans to close more dealerships, shed its Pontiac brand and cut more jobs, as the struggling carmaker tries ...
GM Launches Exchange Offers and Consent Solicitations for Outstanding Notes thumbnail

GM Launches Exchange Offers and Consent Solicitations for Outstanding Notes

General Motors announced today that it is commencing public exchange offers for $27 billion of its unsecured public notes. The exchange ...
GM Accelerates its Reinvention as a Leaner, More Viable Company thumbnail

GM Accelerates its Reinvention as a Leaner, More Viable Company

General Motors (NYSE: GM) today presented an updated Viability Plan that will speed the reinvention of GM's U.S. operations into a ...
Intellectual Energy Drives Green Technologies at General Motors (GM) thumbnail

Intellectual Energy Drives Green Technologies at General Motors (GM)

Innovation and intellectual leadership are integral threads in the fabric of any forward-looking company. Additionally, in a predominantly knowledge-based economy, such ...
General Motors (GM) may close plants for up to 9 weeks this summer thumbnail

General Motors (GM) may close plants for up to 9 weeks this summer

General Motors Corp. is planning to announce Friday it's cutting about 170,000 vehicles from its planned production this year, closing factories ...

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