Articles tagged with gm
Thu, May 24, 2012
GM Korea says it won't shift production to Europe
BUSAN, South Korea (Reuters) - U.S. carmaker General Motors
Fri, May 18, 2012
GM passes on running TV ads during 2013 Super Bowl
By Ben Klayman
DETROIT (Reuters) - General Motors Co will not advertise in next year's Super Bowl because it is too expensive, the top ...
Thu, May 17, 2012
GM ad move followed failed Facebook pitch: sources
By Ben Klayman and Bernie Woodall
DETROIT/NEW YORK (Reuters) - Facebook may only have itself to blame for why General Motors rained on its ...
Thu, May 17, 2012
GM to make first sports car with SS nameplate
DETROIT (Reuters) - General Motors Co, the largest U.S. automaker, will begin selling its first rear-wheel-drive performance sedan under the Chevrolet brand in the ...
Thu, May 17, 2012
GM chooses UK plant over Germany for new Astra
By Rhys Jones
LONDON (Reuters) - General Motors Co
Tue, May 15, 2012
Second shift to start at GM Michigan Cadillac plant
DETROIT (Reuters) - General Motors Co will start a second shift in July with 600 workers at the Lansing, Michigan, plant that will make the ...
Tue, May 15, 2012
Berkshire adds GM, Viacom positions in first quarter
By Ben Berkowitz
(Reuters) - Berkshire Hathaway added new positions in automaker General Motors and media conglomerate Viacom in the first quarter and cut its ...
Tue, May 15, 2012
GM to drop Facebook ads due to low consumer impact
By Ben Klayman and Alexei Oreskovic
DETROIT/SAN FRANCISCO (Reuters) - General Motors Co said on Tuesday it will stop advertising on Facebook, even as ...
Tue, May 15, 2012
GM plans to stop advertising on Facebook
(Reuters) - General Motors Co will stop advertising on Facebook, a move that comes during the same week the social networking website is due to ...
Mon, May 14, 2012
GM's Chevrolet to introduce small crossover SUV
DETROIT (Reuters) - General Motors Co's main brand Chevrolet will introduce a new small crossover SUV at the Paris auto show in September, the ...
Fri, May 11, 2012
GM to recall nearly 50,000 Chevrolet Aveo cars in China: government agency
BEIJING (Reuters) - Shanghai General Motors Co. will recall some of its 2012 model year Chevrolet Aveo vehicles due to faulty brake fluid sensors, the ...
Thu, May 10, 2012
GM-Peugeot to pool mid-sized cars, compacts: report
FRANKFURT (Reuters) - General Motors
Thu, May 10, 2012
GM, Chrysler would have sunk under Romney: Obama
WASHINGTON (Reuters) - U.S. President Barack Obama dismissed Mitt Romney's comments this week claiming credit for the recovery of the U.S. auto ...
Wed, May 09, 2012
GM-PSA steering committee meets, plans take shape
By Ben Klayman
DETROIT (Reuters) - General Motors Co
Wed, May 09, 2012
GM begins new attempt to sell French gearbox plant
PARIS (Reuters) - General Motors
Mon, May 07, 2012
Key witness against Clemens says provided drugs to other players
By Lily Kuo
WASHINGTON (Reuters) - Brian McNamee, the key government witness in the perjury trial of former baseball star Roger Clemens over the use ...
Thu, May 03, 2012
GM outlook disappoints after profit beats Street
By Ben Klayman and Deepa Seetharaman
DETROIT (Reuters) - General Motors Co
Wed, May 02, 2012
GM proposed taking over one-third of Isuzu: source
By Kentaro Sugiyama
TOKYO (Reuters) - General Motors Co
Tue, May 01, 2012
Toyota posts April U.S. gains, GM lifts sales outlook
By Bernie Woodall and Deepa Seetharaman
DETROIT (Reuters) - U.S. auto sales rose 2.3 percent in April, helped by strong gains at Toyota ...
Mon, April 30, 2012
GM CEO: top woman executive a potential successor
By Nick Tate
PALM BEACH, Florida (Reuters) - The boss of General Motors Co
Sat, April 28, 2012
GM, Isuzu to talk on capital tie-up: Nikkei
TOKYO (Reuters) - General Motors Co
Thu, April 26, 2012
GM CEO earned $7.7 million in cash, stock in 2011
By Deepa Seetharaman
DETROIT (Reuters) - General Motors Co
Thu, April 26, 2012
GM CEO earned $7.7 million in cash, stock in 2011
By Deepa Seetharaman
DETROIT (Reuters) - General Motors Co
Tue, April 24, 2012
Peugeot Citroen may build cars in India with GM
By Laurence Frost
BEIJING (Reuters) - PSA Peugeot Citroen
Mon, April 23, 2012
Panthers' surge earns Tallon GM of Year nomination
(Reuters) - Dale Tallon's overhaul of the Florida Panthers' roster, which led to the team's first division title, earned him a nomination for ...
Wed, April 11, 2012
One seriously injured in GM battery lab blast
By Bernie Woodall
(Reuters) - One person was seriously injured Wednesday morning by an explosion at a General Motors Co laboratory near Detroit during a ...
Wed, April 11, 2012
At least one injured at GM lab near Detroit
(Reuters) - At least one person was injured Wednesday morning at a laboratory at the General Motors Co Technical Center in Warren, Michigan, the company ...
Fri, April 06, 2012
Treasury freezes pay for CEOs at Ally Financial, GM, AIG
WASHINGTON (Reuters) - The chief executives of General Motors , AIG, and Ally Financial had their 2012 compensation packages frozen for a second year in a ...
Wed, April 04, 2012
GM revamps 2014 Impala to attract families
By Deepa Seetharaman
NEW YORK (Reuters) - General Motors Co is hoping a redesign of the Chevrolet Impala will end the car's reputation as ...
Mon, April 02, 2012
GM March U.S. sales boosted by gas-sipping models
By Bernie Woodall
DETROIT (Reuters) - General Motors Co
Sat, March 31, 2012
GM faces huge costs if Bochum plant shut: works leader
By Andreas Cremer
Bochum, Germany (Reuters) - Labor leaders at loss-making European car maker Opel have warned parent company General Motors
Mon, March 26, 2012
GM recalls more than 6,000 vans, SUVs over steering
(Reuters) - General Motors Co is recalling 6,159 big vans and sport-utility vehicles in the United States for possible loss of steering.
The U ...
Sun, March 25, 2012
GM to expand capacity in low-cost countries: magazine
FRANKFURT (Reuters) - General Motors
Thu, March 22, 2012
GM to invest $1 billion in Australia operations
CANBERRA (Reuters) - U.S. car maker General Motorson Thursday committed to invest A$1 billion (US$1.04 billion) in its Australian operations over ...
Fri, March 09, 2012
Danes fail to win EU majority for GM crop ban rules
By Charlie Dunmore
BRUSSELS (Reuters) - Increased cultivation of genetically modified (GM) crops in Europe remained a distant prospect on Friday, after governments failed to ...
Wed, March 07, 2012
Peugeot minis, GM mid-size cars to open alliance
GENEVA (Reuters) - PSA Peugeot Citroen said it planned to introduce mid-sized cars based on General Motors vehicles, while the U.S. automaker would draw ...
Tue, March 06, 2012
Saints coach and GM take blame for bounties
(Reuters) - New Orleans Saints head coach Sean Payton and general manager Mickey Loomis have taken full responsibility for the team's "pay for pain ...
Tue, March 06, 2012
GM says Peugeot just one step in Opel fix
By Bernie Woodall
GENEVA (Reuters) - General Motors Co's
Tue, March 06, 2012
GM says Peugeot just one step in Opel fix
By Bernie Woodall
GENEVA (Reuters) - General Motors Co's
Thu, March 01, 2012
February auto sales rise to highest level in 4 years
By Deepa Seetharaman and Ben Klayman
DETROIT (Reuters) - U.S. auto sales rose nearly 16 percent in February and the annual sales rate leapt ...
Wed, February 29, 2012
GM, Peugeot target savings, test history with alliance
By Ben Klayman and Laurence Frost
DETROIT/PARIS (Reuters) - General Motors Co
Mon, February 27, 2012
GM in talks to buy small Peugeot stake: sources
PARIS/NEW YORK (Reuters) - General Motors Co
Thu, February 16, 2012
GM profit bolstered by pricing, stock up
By Ben Klayman and Deepa Seetharaman
DETROIT (Reuters) - General Motors Co's
Mon, February 13, 2012
Lower AIG, GM values add $21 billion to deficit: White House
WASHINGTON (Reuters) - The U.S. financial bailout program will add $21 billion to the budget deficit next year largely due to lower valuations of ...
Sun, February 05, 2012
GM aims for 10 percent profit margin over next few years: report
(Reuters) - General Motors
Sun, February 05, 2012
GM, Ford feud over Super Bowl ad
By Bernie Woodall
LAS VEGAS (Reuters) - A simmering feud between General Motors Co and Ford Motor Co heated up on Sunday as Ford objected ...
Thu, February 02, 2012
Under the hood: GM blueprint for Volt 2.0
By Ben Klayman
TROY, Michigan (Reuters) - The Chevrolet Volt stands as the most heavily promoted - and harshly scrutinized - vehicle from General Motors Co in ...
Wed, February 01, 2012
Auto sales in January show unusual strength
By Deepa Seetharaman and Ben Klayman
DETROIT (Reuters) - Auto sales rose more than 11 percent in January, a surprisingly robust showing that marked the ...
Tue, January 31, 2012
GM, AIG shares slides to add $23 billion to deficit
By David Lawder
WASHINGTON (Reuters) - Just when Americans have largely forgotten about the Treasury's controversial bailout program, the Congressional Budget Office on Tuesday ...
Mon, January 30, 2012
South Korea's Hyundai Mobis inks $1.1 billion deals with GM, Chrysler
SEOUL (Reuters) - South Korea's Hyundai Mobis <012330.KS> said on Tuesday that had it signed deals worth $1.07 billion to supply automobile parts for ...
Fri, January 20, 2012
GM regains crown as world's top-selling automaker
By Deepa Seetharaman and Chang-Ran Kim
DETROIT/TOKYO (Reuters) - General Motors Co
Thu, January 19, 2012
GM regains crown as top-selling automaker, Toyota No.3
By Deepa Seetharaman and Chang-Ran Kim
DETROIT/TOKYO (Reuters) - General Motors Co
Wed, January 18, 2012
Morgan Stanley drops GM as top pick in U.S. autos
(Reuters) - Morgan Stanley removed General Motors Co
Tue, January 17, 2012
New labor leader at GM's Opel a break with past
By Christiaan Hetzner
DETROIT (Reuters) - General Motors
Wed, January 11, 2012
Exclusive: GM, German union in talks to restructure Opel
By Christiaan Hetzner and Ben Klayman
DETROIT (Reuters) - General Motors Co
Mon, January 09, 2012
GM sees 2012 market share gains in China, Korea
By Ben Klayman
DETROIT (Reuters) - General Motors Co
Mon, January 09, 2012
GM focusing on profits, not U.S. market share: CEO
By Ben Klayman
DETROIT (Reuters) - General Motors Co
Mon, January 09, 2012
GM expects U.S. Volt probe to end soon: executive
By Ben Klayman
DETROIT (Reuters) - General Motors Co expects to have U.S. federal safety officials resolve their investigation of delayed fires in the ...
Sun, January 08, 2012
GM challenges German brands with small Cadillac
By Deepa Seetharaman and Ben Klayman
DETROIT (Reuters) - General Motors Co
Fri, January 06, 2012
Swedish carmaker Saab at dead end without GM support
By Anna Ringstrom and Mia Shanley
STOCKHOLM (Reuters) - Talk of a future for bankrupt Saab, maker of quirky Swedish sedans that once dazzled car ...
Thu, January 05, 2012
GM offers fix to Volt to prevent fire risk
By Ben Klayman
(Reuters) - General Motors Co said on Thursday it has developed a proposed fix to the battery pack for the Chevrolet Volt ...
Tue, January 03, 2012
Chargers sticking with coach Turner and GM for 2012
(Reuters) - The San Diego Chargers said on Tuesday head coach Norv Turner and general manager A.J. Smith will return next season, ending speculation ...
Mon, January 02, 2012
Colts fire vice president and GM
(Reuters) - One day after completing their worst season in 20 years the Indianapolis Colts on Monday fired vice president Bill Polian and his son ...
Fri, December 30, 2011
GM recalls 4,873 Sonic cars in U.S. and Canada
DETROIT (Reuters) - General Motors Co is recalling 4,873 of its current year Chevrolet Sonic subcompact cars in the United States and Canada for ...
Thu, December 22, 2011
U.S. approves Monsanto drought-tolerant GM corn
WASHINGTON (Reuters) - Monsanto's genetically engineered, drought resistant corn is deregulated, the U.S. Agriculture Department said Thursday, clearing the variety for sale.
USDA ...
Wed, December 21, 2011
GM recalls about 20,000 Cadillac SRX globally
(Reuters) - General Motors Co said it is recalling almost 20,000 Cadillac SRX crossover vehicles, mostly in China and the United States, due to ...
Mon, December 19, 2011
Saab heads for scrapyard as long rescue quest fails
By Johan Ahlander
TROLLHATTAN, Sweden (Reuters) - Car maker Saab ran out of room for maneuver Monday when its Dutch owner filed for bankruptcy, calling ...
Wed, December 14, 2011
GM's Opel profits to take €1 billion hit in 2012: report
FRANKFURT (Reuters) - General Motors Co's
Mon, December 12, 2011
GM suspends production at Cruze plant in Ohio
(Reuters) - General Motors Co suspended production on Monday afternoon at an Ohio plant that makes the Chevrolet Cruze compact car due to a supplier ...
Tue, December 06, 2011
U.S. investigators look at welds on Chevy Volt: memo
By John Crawley
WASHINGTON (Reuters) - U.S. auto safety regulators are examining welding as part of their investigation into battery fires in Chevy Volts ...
Mon, December 05, 2011
GM declares Opel strategy a failure: paper
FRANKFURT (Reuters) - General Motors
Thu, December 01, 2011
GM explores Volt battery design changes
By Ben Klayman
December 2 - General Motors Co
Wed, November 30, 2011
Brewers Melvin GM Of The Year
New York, NY (WSAU) Baseball America has chosen Milwaukee Brewers’ general manager Doug Melvin as its Executive-of-the-Year. It’s the second such honor for ...
Fri, November 25, 2011
GM offers Volt owners loaner cars during probe
By Kevin Krolicki and Deepa Seetharaman
DETROIT (Reuters) - General Motors Co said on Monday that it will offer loaner vehicles to more than 5 ...
Tue, November 22, 2011
U.S. Postal Service hires GM adviser Evercore
(Reuters) - The U.S. Postal Service has hired an advisory firm that was involved with the restructuring of General Motors Co to help return ...
Mon, November 21, 2011
GM moves to speed up Opel restructuring
By Ben Klayman and Christiaan Hetzner
(Reuters) - General Motors Co
Mon, November 21, 2011
GM, UAW tout expanded work at Tennessee auto plant
SPRING HILL, Tennessee (Reuters) - General Motors Co
Thu, November 17, 2011
GM executive sees 2012 U.S. auto sales flat to slightly up
(Reuters) - The U.S. auto industry will grow slowly, with next year's sales possibly rising slightly from 2011, a top General Motors Co ...
Wed, October 12, 2011
GM to produce all-electric Chevy Spark
By Ben Klayman
DETROIT (Reuters) - General Motors Co confirmed it will make its first all-electric vehicle, a version of the Chevrolet Spark minicar that ...
Sun, October 09, 2011
GM recalls Chevy Corvettes over rear hatch issue
(Reuters) - General Motors Co
Thu, September 29, 2011
Auto sales rebound, allaying recession fear
By Bernie Woodall and Ben Klayman
DETROIT (Reuters) - U.S. auto sales rose almost 10 percent in September, allaying concerns of a double-dip recession ...
Thu, September 29, 2011
S&P raises GM credit rating by two notches
(Reuters) - Ratings agency Standard & Poor's raised its corporate credit rating on General Motors Co
The ratings service revised up its credit rating on GM to BB+ from BB- and also raised its rating outlook to stable from positive.
The upgrade comes a day after the United Auto Workers union ratified a new four-year labor contract with GM, the first such deal for the top U.S. automaker since its 2009 bankruptcy.
"GM has a two-year track record of profits and cash flow generation in its global automotive operations, supported by strong performance in North America," Standard & Poor's said in a statement released on Thursday.
(Reporting by Soyoung Kim in Detroit; Editing by Derek Caney)
Wed, September 28, 2011
GM sees 'minimal' financial impact from UAW deal
DETROIT (Reuters) - General Motors Co expects its newly ratified contract with the United Auto Workers union will cost $215 million between 2011 and 2013 ...
Wed, September 28, 2011
GM sees "minimal" impact on profits from UAW deal
By Ben Klayman and Bernie Woodall
DETROIT (Reuters) - Workers represented by the United Auto Workers union approved on Wednesday a four-year labor contract with ...
Tue, September 27, 2011
UAW-Ford talks, GM deal vote hit home stretch
By Ben Klayman
DETROIT (Reuters) - A proposed contract with the United Auto Workers and General Motors Co neared ratification on Tuesday with more than ...
Thu, September 22, 2011
Hurricanes sign GM Rutherford to extension
RALEIGH, North Carolina, Sept 22 - The Carolina Hurricanes have signed long-time general manager Jim Rutherford to a four-year contract extension, the National Hockey League ...
Wed, September 21, 2011
GM CEO "clearly" concerned about U.S. recession risk
By Kazunori Takada
SHANGHAI (Reuters) - Pent-up car demand in the United States and slowing, but still growing sales in China, should soften concerns about ...
Tue, September 20, 2011
UAW shifts focus to Chrysler and Marchionne
By Bernie Woodall
DETROIT (Reuters) - With a tentative agreement with General Motors Co
Mon, September 19, 2011
GM labor deal creates jobs, holds line on costs
By Bernie Woodall and David Bailey
DETROIT (Reuters) - A tentative contract between General Motors Co
Fri, September 16, 2011
GM and UAW reach first labor deal since bankruptcy
By Bernie Woodall and Kevin Krolicki
DETROIT (Reuters) - General Motors Co and the United Auto Workers union reached a proposed contract for about 48 ...
Fri, September 16, 2011
UAW, automaker talks continue; GM makes progress
By Bernie Woodall
DETROIT (Reuters) - General Motors Co and the United Auto Workers union have made "good progress" toward an agreement, a person familiar ...
Wed, September 14, 2011
GM, UAW close in on labor deal
By Bernie Woodall
DETROIT (Reuters) - General Motors Co
Mon, September 12, 2011
Analysis: GM's Opel facing uncertain future
By Ben Klayman and Christiaan Hetzner
DETROIT/RUESSELSHEIM, Germany (Reuters) - Near the peak of General Motors Co's
Wed, September 07, 2011
Exclusive: GM, UAW chiefs meet, talks heat up
By Bernie Woodall and Deepa Seetharaman
DETROIT (Reuters) - Contract talks between General Motors Co
Wed, September 07, 2011
GM CEO, UAW chief meet; contract talks intensify: sources
By Bernie Woodall and Deepa Seetharaman
DETROIT (Reuters) - Contract talks between General Motors Co
Wed, September 07, 2011
GM aims to move "pension risk" off table
By Deepa Seetharaman
DETROIT (Reuters) - General Motors Co
Fri, September 02, 2011
GM, UAW talking about skilled trade buyouts
By Bernie Woodall
DETROIT (Reuters) - General Motors Co
Fri, September 02, 2011
GM hires "car guy" Bob Lutz as adviser
By Bernie Woodall
DETROIT (Reuters) - Bob Lutz, the outspoken former product development czar at General Motors, has been hired as a part-time adviser to ...
Thu, September 01, 2011
GM U.S. sales up 18 percent year-on-year
DETROIT (Reuters) - General Motors Co
Don Johnson, GM's vice president ...
Wed, August 31, 2011
Bruins GM says Savard's playing career in doubt: report
BOSTON (Reuters) - Boston Bruins center Marc Savard will miss the 2011-12 National Hockey League (NHL) season and may never play again because of post-concussion ...
Tue, August 23, 2011
GM's Opel mulls partner to share hybrid costs: report
FRANKFURT (Reuters) - General Motors European unit Opel is considering taking on a partner in the field of fuel-saving hybrid powertrains in order to share ...
Wed, August 17, 2011
GM to build Cadillac EV, eyes electric Chevy
Ben Klayman
DETROIT (Reuters) - General Motors Co confirmed on Wednesday it will build a luxury electric car based on the technology used in its ...
Wed, August 17, 2011
Insight: GM hopes spending on start-ups will make it cool
By Ben Klayman
DETROIT (Reuters) - From an empty auto-parts plant in the heart of Rust Belt America, General Motors Co is out to show ...
Tue, August 16, 2011
Insight: GM hopes spending on start-ups will make it cool
By Ben Klayman
DETROIT (Reuters) - From an empty auto-parts plant in the heart of Rust Belt America, General Motors Co
Fri, August 12, 2011
GM recalls 16,000 Chevy, Buick cars in U.S. and Canada
DETROIT (Reuters) - General Motors Co is recalling 16,198 Chevrolet Impala and Buick LaCrosse cars in the United States and Canada to address sensor ...
Thu, August 11, 2011
GM CEO reiterates Opel not for sale: report
FRANKFURT (Reuters) - General Motors Co
Tue, August 09, 2011
GM rolls out new brand in China, targets small cities
BEIJING (Reuters) - General Motors
Mon, August 08, 2011
Tigers keep Leyland as manager and Dombrowski as GM
DETROIT (Reuters) - The Detroit Tigers have extended manager Jim Leyland's contract through the 2012 season and given general manager David Dombrowski a four-year ...
Thu, August 04, 2011
GM profit nearly doubles, slowdown risk ahead
By Ben Klayman and Kevin Krolicki
DETROIT (Reuters) - General Motors Co's quarterly profit shot past Wall Street expectations, but its share price slipped ...
Tue, August 02, 2011
Automakers warn of fragile demand
By Ben Klayman and Kevin Krolicki
DETROIT (Reuters) - U.S. auto sales ticked higher in July, but the industry's top salesmen cautioned the ...
Mon, August 01, 2011
Wall Street closes worst week since '08 with wild day
By Angela Moon
NEW YORK (Reuters) - Stocks closed out their worst week in more than two years on Friday in a volatile session that ...
Wed, July 27, 2011
GM CEO: Read my lips; Opel not for sale
DETROIT (Reuters) - General Motors Co
Mon, July 25, 2011
GM clashed with Kremlin over Opel unit: report
LONDON (Reuters) - General Motors
Mon, July 18, 2011
GM will not add products "solely" to cut UAW deal
By Ben Klayman
FLINT, Michigan (Reuters) - General Motors Co will not make any product commitments "solely" to achieve a deal with the United Auto ...
Wed, July 13, 2011
GM: VW CEO comments on Opel "regrettable"
By Ben Klayman
DETROIT (Reuters) - General Motors Co
Wed, July 06, 2011
Lawsuit seeks GM repairs of 2007-2008 Impalas
DETROIT (Reuters) - General Motors Co has been sued by a Pennsylvania woman seeking to force the U.S. automaker to fix rear-end problems on ...
Tue, July 05, 2011
GM's China car JV says H1 auto sales rise
BEIJING (Reuters) - General Motors'
Fri, July 01, 2011
June auto sales weak for 2nd month in row
By Deepa Seetharaman and Ben Klayman
DETROIT (Reuters) - The auto industry sputtered to its second consecutive month of weaker-than-expected U.S. sales in June ...
Fri, July 01, 2011
Insight: Goodbye gasoline? GM gives natural gas cars a boost
By Edward McAllister
NEW YORK (Reuters) - American automobiles have a limited diet, but gasoline's monopoly at the pump may be ending. The giant ...
Wed, June 22, 2011
U.S. has "clear path" to selling GM stake: official
DETROIT (Reuters) - The Treasury has a "clear path" to selling its remaining stake in General Motors Co
Sat, June 18, 2011
GM investing in two U.S. engine plants, eyes jobs
TONAWANDA, New York (Reuters) - General Motors Co
Tue, June 14, 2011
GM recalls 50,500 Cadillac SRXs in North America
DETROIT (Reuters) - General Motors Co
Tue, June 14, 2011
GM assured Opel CEO there are no sale talks: report
FRANKFURT (Reuters) - General Motors
Thu, June 09, 2011
Opel frustrates GM, but no sale launched: sources
By Ben Klayman and Edward Taylor
DETROIT/FRANKFURT (Reuters) - General Motors Co is frustrated with its money-losing Opel unit in Europe and considering options ...
Tue, June 07, 2011
GM CEO warns on playing games with national debt
By Ben Klayman
DETROIT (Reuters) - Politicians should not "play chicken" with the country's credit rating, but need to focus urgently on finding ways ...
Wed, June 01, 2011
Taxpayer loss on auto bailout narrows
By John Crawley
WASHINGTON (Reuters) - The U.S. government expects to recover more money than anticipated from the auto bailout as it pulls back ...
Wed, June 01, 2011
May auto sales dip as price strategy backfires
By Ben Klayman and Deepa Seetharaman
DETROIT (Reuters) - Car sales sputtered in May, slumping to levels that were much lower than expected as higher ...
Fri, May 27, 2011
U.S. probes reports of Nissan, Chrysler, GM defects
DETROIT (Reuters) - U.S. safety regulators have opened preliminary investigations into consumer complaints about vehicles made by Nissan Motor Co Ltd, Chrysler LLC and ...
Wed, May 25, 2011
GM to invest $69 million in Michigan plant
DETROIT (Reuters) - General Motors Co plans to invest $69 million and add about 2,500 jobs at its Detroit-Hamtramck assembly plant to build the ...
Fri, May 20, 2011
GM Plans To Increase Production Of Chevy Volt
DETROIT, Mich (WLMI) Plans are underway to increase the production of the Chevrolet Volt this year. General Motors planned to build 15-thousand models, but ...
Wed, May 18, 2011
GM ups Volt, Ampera production outlook
DETROIT (Reuters) - General Motors Co <GM.N> said on Wednesday that it will make 60,000 Chevrolet Volt and Opel Ampera in 2012, up ...
Thu, May 12, 2011
Treasury won't sell GM shares before August: sources
By Soyoung Kim
NEW YORK (Reuters) - The U.S. Treasury does not plan to start selling its remaining shares in General Motors Co <GM ...
Wed, May 11, 2011
GM recalls pickup trucks due to wiper defect
DETROIT (Reuters) - General Motors Co is recalling more than 4,500 Chevrolet Colorado and GMC Canyon pickup trucks because nuts in the windshield wipers ...
Wed, May 11, 2011
GM Back in Janesville?
Janesville, WI (WHBL-Learfield) - The United Auto Workers say they’ll ask General Motors to re-open its Janesville plant, after the company said it would ...
Tue, May 10, 2011
GM to invest $2 billion in 17 U.S. plants
By Bernie Woodall
TOLEDO, Ohio (Reuters) - General Motors Co said on Tuesday it will invest about $2 billion in 17 U.S. plants, including ...
Tue, May 10, 2011
GM To Announce $2B Investment In 17 Facilities
DETROIT, Mich (WLMI) General Motors is set to announce it is adding 42-hundred jobs in eight states and investing more than two-billion-dollars into 17 ...
Mon, May 09, 2011
Former GM CEO Stempel dies at age 77
DETROIT (Reuters) - Robert Stempel, the first engineer to become the chief executive of General Motors Co <GM.N>, died on Saturday in Florida. He ...
Mon, May 09, 2011
Former GM CEO Stempel dies at age 77: report
DETROIT (Reuters) - Robert Stempel, the first engineer to become the chief executive of General Motors Co <GM.N>, died on Saturday in Florida, the ...
Mon, May 09, 2011
GM to invest $2 billion in U.S. plants: reports
DETROIT (Reuters) - General Motors Co <GM.N> plans to invest $2 billion at plants in eight states, including at a plant in Toledo, Ohio ...
Thu, May 05, 2011
GM Earnings Triple In First Quarter
DETROIT, Mich (WLMI) General Motors is showing stronger-than-expected 1ST Quarter earnings. The Detroit automaker's latest financial report shows profits more than tripled ...
Thu, May 05, 2011
GM Recalls 150K Chevrolet Cruze Sedans
DETROIT, Mich (WLMI) General Motors is recalling about 150-thousand 2011 Chevrolet Cruze compact sedans to verify their steering shafts were installed properly. About 120-thousand ...
Wed, May 04, 2011
GM recalls 2011 Cruze cars to inspect steering shaft
DETROIT (Reuters) - General Motors Co is recalling 154,112 of its top-selling Chevrolet Cruze compact cars to check that the steering shaft was properly ...
Wed, May 04, 2011
GM profit soars but price incentives cloud outlook
By Ben Klayman and Bernie Woodall
DETROIT (Reuters) - A tripling of profits by General Motors Co was marred by incentives to lift car sales ...
Wed, May 04, 2011
GM to invest $131 million at Kentucky Corvette plant
By Ben Klayman and Bernie Woodall
DETROIT (Reuters) - General Motors Co <GM.N> will revamp a Kentucky factory to produce a new version of ...
Wed, May 04, 2011
GM Posts Double-Digit Profits In April
DETROIT, Mich (WLMI) Rising gasoline prices actually helped America's Big Three automakers post double-digit sales increases in April. Leading the pack is General ...
Mon, May 02, 2011
NHTSA opens three probes into Ford, GM, Honda
DETROIT (Reuters) - Federal safety regulators have opened a probe into some Ford Motor Co <F.N> SUVs due to complaints that the liftgate windows ...
Mon, May 02, 2011
Ohio GM workers sue company, union for back pay
NEW YORK (Reuters) - A group of auto workers in Ohio is suing General Motors and the United Auto Workers union, claiming that GM unfairly ...
Mon, May 02, 2011
GM SUVs probed for bad fuel gauges
DETROIT (Reuters) - Federal regulators are investigating 865,000 General Motors Co <GM.N> sport utility vehicles for potential faulty fuel gauges that could mistakenly ...
Thu, April 28, 2011
GM CEO says no production disruptions due to Japan
By Jim Forsyth
SAN ANTONIO (Reuters) - General Motors Co <GM.N> Chief Executive Dan Akerson said the company has not been greatly affected by ...
Mon, April 25, 2011
GM minivan gone in U.S., but still thrives in China
By Ben Klayman
SHANGHAI (Reuters) - General Motors Co <GM.N> killed its minivan in the U.S. market thanks to its soccer-mom stigma, but ...
Thu, April 21, 2011
GM CEO Akerson paid $2.53 million in 2010: SEC filing
DETROIT (Reuters) - General Motors Co <GM.N> Chairman and Chief Executive Daniel Akerson received $2.53 million in total compensation in 2010.
Akerson took ...
Wed, April 20, 2011
Lightning's Yzerman heads list for GM of the Year Award
NEW YORK (Reuters) - Steve Yzerman of the Tampa Bay Lightning headlined finalists for the NHL General Manager of the Year Award in just his ...
Tue, April 19, 2011
Rockets GM says playoffs may delay naming new coach
HOUSTON (Reuters) - The Houston Rockets want to name a new coach as soon as possible but any announcement may be delayed as some of ...
Tue, April 19, 2011
GM Says It Will Double China Sales By 2015
DETROIT, Mich (WLMI) Business is picking up in China for General Motors. The auto giant said Monday it plans to double the number of ...
Mon, April 18, 2011
Treasury could sell GM shares in summer or fall: source
By Clare Baldwin
NEW YORK (Reuters) - The Treasury could sell a big chunk of its remaining 33 percent stake in General Motors Co <GM ...
Mon, April 18, 2011
GM eyes doubling of China sales by 2015
By Ben Klayman
SHANGHAI (Reuters) - General Motors <GM.N> plans to more than double its sales in China to around 5 million units by ...
Tue, April 12, 2011
GM to invest $100 million in New York parts plant
By Neale Gulley
ROCHESTER, New York (Reuters) - General Motors Co <GM.N> said on Tuesday it will invest $100 million in a New York ...
Tue, April 12, 2011
GM Speeds-Up Production Of Next-Generation Malibu
DETROIT, Mich (WLMI) General Motors will begin building its next-generation Chevy Malibu four-months ahead of schedule. GM spokesman Dave Darovits announced yesterday the automaker ...
Fri, April 08, 2011
GM recalls Cruze cars for steering wheel issue
DETROIT (Reuters) - General Motors Co is recalling about 2,100 Chevrolet Cruze small cars to inspect for an improperly fastened steering wheel after discovering ...
Wed, April 06, 2011
Nearly 100 Temp Workers Laid-Off At GM Lansing Delta Township Plant
LANSING, Mich (WLMI) General Motors has laid-off 96 temporary workers at its Lansing Delta Township plant. Taking their place will be 150 laid-off GM ...
Tue, April 05, 2011
GM's Akerson Receives Massive Stock Reward
DETROIT, Mich (WLMI) General Motors Co. is rewarding its top executive with shares currently worth more than $1.3 million. In a filing yesterday ...
Fri, April 01, 2011
AIG, Ally, GM CEO compensation will not increase
By Rachelle Younglai
WASHINGTON (Reuters) - Compensation packages for the chief executives of bailed-out firms American International Group <AIG.N>, Ally Financial and General Motors ...
Thu, March 31, 2011
GM To Invest $30M In Pontiac Plant
DETROIT, Mich (WLMI) General Motors will invest over $30 million in its Pontiac Stamping Plant as the automaker gears up to launch two new ...
Wed, March 30, 2011
GM expects robust Cruze sales due to converts
By Ben Klayman
DETROIT (Reuters) - General Motors Co <GM.N> said on Wednesday its Chevrolet Cruze small car was on track to exceed 50 ...
Tue, March 29, 2011
UAW vying for new GM products in contract talks
By Bernie Woodall
LAKE ORION, Michigan (Reuters) - The United Auto Workers will seek a commitment from General Motors Co <GM.N> to build new ...
Wed, March 23, 2011
GM, Chrysler sue Allied over "hostage" vehicles
By Ben Klayman
DETROIT (Reuters) - General Motors Co <GM.N> and Chrysler Group LLC <FIA.MI> have sued Allied Systems Holding Inc <HAUL.UL ...
Wed, March 23, 2011
GM, Chrysler sue Allied over "hostage" vehicles
By Ben Klayman
DETROIT (Reuters) - General Motors Co <GM.N> and Chrysler Group LLC <FIA.MI> have sued Allied Systems Holding Inc <HAUL.UL ...
Wed, March 23, 2011
GM sells Ally preferred shares for $1 billion
DETROIT (Reuters) - General Motors Co <GM.N> sold its preferred shares in auto lender Ally Financial Inc for $1 billion in what the automaker ...
Tue, March 22, 2011
GM sells Ally preferred shares for $1 billion
DETROIT (Reuters) - General Motors Co <GM.N> sold its preferred shares in auto lender Ally Financial Inc for $1 billion in what the automaker ...
Sat, March 19, 2011
GM curtails spending, travel on Japan crisis
By Suzanne Cosgrove
CHICAGO (Reuters) - General Motors Co <GM.N> has suspended all nonessential spending and global travel while the automaker assesses the impact ...
Fri, March 18, 2011
GM to assess Japan parts problems in two weeks: CEO
By Alberto Alerigi Jr.
SAO PAULO (Reuters) - General Motors Co <GM.N> will only learn the impact of Japan's earthquake and nuclear crisis ...
Thu, March 17, 2011
GM to shut Louisiana plant due to parts shortage
DETROIT (Reuters) - General Motors Co <GM.N> said it would temporarily idle its pick-up truck plant in Louisiana due to a parts shortage stemming ...
Thu, March 10, 2011
GM CFO leaves in latest turnover at top
By Ben Klayman
DETROIT (Reuters) - General Motors Co <GM.N> finance chief Chris Liddell, who was passed over for the top job at the ...
Thu, March 10, 2011
GM CFO leaves in latest turnover at top
By Ben Klayman
DETROIT (Reuters) - General Motors Co <GM.N> finance chief Chris Liddell, who was passed over for the top job at the ...
Wed, March 09, 2011
Success earns Falcons' GM multi-year extension
ATLANTA (Reuters) - Atlanta Falcons general manager Thomas Dimitroff has been given a multi-year contract extension after the team's best three-year stretch, the National ...
Wed, March 09, 2011
GM recalls Lacrosse, SRX for software defect
DETROIT (Reuters) - General Motors Co is recalling recent Buick Lacrosse and Cadillac SRX vehicles due to a software defect that could disable the driver ...
Fri, March 04, 2011
GM Lansing Delta Township Plant To Suspend Shifts
LANSING, Mich (WLMI) The 2nd and 3rd shifts at the General Motors Lansing Delta Township plant will go on temporary layoff beginning ...
Thu, March 03, 2011
U.S. judge to approve plan that pays GM creditors
NEW YORK (Reuters) - A federal judge said on Thursday he would approve the bankruptcy plan for "Old GM," wrapping up one of the most ...
Thu, March 03, 2011
Judge to approve plan that pays GM creditors
NEW YORK (Reuters) - A U.S. Federal court judge on Thursday said he would approve the bankruptcy plan for "Old GM", paving the way ...
Mon, February 28, 2011
Consumer Reports says GM Volt falls short on range
By John Crawley
WASHINGTON (Reuters) - General Motors Co's <GM.N> mostly electric Chevy Volt turned in a lackluster performance for efficiency in its ...
Fri, February 25, 2011
Ducks give GM Murray four-year contract extension
LOS ANGELES (Reuters) - The Anaheim Ducks handed general manager Bob Murray a four-year contract extension on Friday despite sitting at the bottom of the ...
Wed, February 23, 2011
GM shares hit post-IPO low, oil risk trumps profit
By Kevin Krolicki and Bernie Woodall
DETROIT (Reuters) - General Motors Co posted fourth-quarter results that topped Wall Street expectations, but its shares fell below ...
Thu, February 17, 2011
GM to offer Pandora Internet radio on Chevy cars
By Kevin Krolicki
DETROIT (Reuters) - General Motors Co will launch a new system to stream online radio from Pandora in upcoming Chevrolets starting with ...
Thu, February 17, 2011
GM Recalls 50K Lansing-Made Vehicles
LANSING, Mich (WLMI) General Motors is recalling more than 50-thousand Lansing-made Cadillac CTS vehicles. The recall is connected to a loose joint that could ...
Wed, February 16, 2011
GM recalls Cadillac CTS sedans for wheel problem
DETROIT (Reuters) - General Motors Co <GM.N> is recalling over 44,000 Cadillac CTS sedans for a flaw that could cause one of the ...
Tue, February 15, 2011
GM Hourly Workers To Get Big Bonuses
DETROIT, Mich (WLMI) It was a VERY Happy Valentine’s Day for about 76-thousand General Motors workers. The auto giant announced yesterday it would ...
Tue, February 15, 2011
GM to add over 20 new, upgraded models in China: CEO
By Fang Yan and Terril Yue Jones
BEIJING (Reuters) - General Motors Co will add over 20 new and upgraded models in China, its CEO ...
Mon, February 14, 2011
GM set to pay hourly workers at least $4,000 bonus
DETROIT (Reuters) - General Motors Co <GM.N> will pay its 45,000 hourly workers in the United States a bonus of at least $4 ...
Sat, February 12, 2011
Contract Extension For GM Thompson
GREEN BAY (WHBL-Learfield) - Green Bay Packer general manager Ted Thompson has a new contract extension.
Thompson took over as the team's general manager ...
Fri, February 11, 2011
Green Bay Packers Extend GM Ted Thompson
GREEN BAY, Wis. (WTAQ) - Following a victory in Super Bowl XLV, the Green Bay Packers have signed General Manager Ted Thompson to a multi-year ...
Fri, February 11, 2011
Big Bonuses Expected For GM White-Collar Workers
DETROIT, Mich (WLMI) Another sign that General Motors is turning things around. The company announced Thursday that more than 96% of it’s white ...
Thu, February 10, 2011
GM, Chrysler bonuses may reach 50 percent of pay: report
DETROIT (Reuters) - General Motors Co <GM.N> and Chrysler Group LLC could award some managers bonuses of up to 50 percent of their salary ...
Tue, February 08, 2011
GM may unveil profit sharing plan next week: report
(Reuters) - General Motors Co <GM.N> may pay its U.S. hourly workers at least $3,000 each as a share in profit, after ...
Fri, February 04, 2011
MLB champion Giants to keep manager/GM duo through 2012
SAN FRANCISCO (Reuters) - The World Series champion San Francisco Giants moved Friday to keep their winning brain trust intact through 2012 by exercising contract ...
Tue, February 01, 2011
GM and Chrysler lead as U.S. auto sales rise
By Deepa Seetharaman and Bernie Woodall
DETROIT (Reuters) - General Motors Co and Chrysler posted U.S. sales gains of more than 20 percent for ...
Tue, February 01, 2011
GM weighs China plants, sees big Sail exports
By Fang Yan and Ken Wills
BEIJING (Reuters) - General Motors, the top U.S. automaker, is considering adding new plants in China in 2011 ...
Mon, January 31, 2011
GM January sales up 22 percent
DETROIT (Reuters) - General Motors Co posted a 22 percent rise in sales for January, outperforming expectations for the market as a whole on gains ...
Thu, January 27, 2011
GM To Resume Super Bowl Advertising
DETROIT, Mich (WLMI) After a two-year hiatus—General Motors will be making a return to the Super Bowl. The auto giant plans to run ...
Wed, January 26, 2011
GM drops U.S. loan application after turnaround
By David Lawder
WASHINGTON (Reuters) - General Motors Co has withdrawn its application for $14 billion in subsidized loans from the U.S. Department of ...
Mon, January 24, 2011
LISTEN: Tigers GM Dave Dombrowski on Gallaraga trade
Detroit Tigers GM Dave Dombrowski talks with the media regarding the trade of Armando Gallaraga to the Arizona Diamondbacks.
Mon, January 24, 2011
GM To Add Jobs In Flint
FLINT, Mich (WLMI) General Motors announcing today that it will be adding a shift to the Flint truck assembly plant. The move will create ...
Mon, January 24, 2011
GM falls just shy of Toyota in 2010 sales ranking
TOKYO (Reuters) - Toyota Motor Corp <7203.T> kept its spot at the top of the global sales ranking in 2010, outselling General Motors Co ...
Tue, January 18, 2011
LISTEN: Tiger GM Dave Dombrowski on Penny, Gallaraga
Detroit Tigers CEO and GM Dave Dombrowski spoke on a conference call about the addition of Brad Penny and the designation of Armando Gallaraga ...
Mon, January 17, 2011
GM Recalls 28,000 Trucks, SUV's
DETROIT, Mich (WQTX) General Motors has issued a recall for 28,000 2011 model year trucks and SUV's because the back axle could ...
Tue, January 11, 2011
GM mulls over buying part of former GMAC: report
(Reuters) - General Motors Co <GM.N> is considering buying back part of Ally Financial, its former GMAC auto loan business, the Wall Street Journal ...
Wed, January 05, 2011
GM invests $5 million in wireless charging startup
By David Bailey
DETROIT (Reuters) - General Motors has invested $5 million in wireless charging start-up Powermat and will add its technology for small consumer ...
Tue, January 04, 2011
SUVs from Ford and GM lose key Consumer Reports rating
DETROIT (Reuters) - Ford Motor Co midsized SUVs Ford Edge and Lincoln MKX have lost a "recommended" rating from Consumer Reports, in part because of ...
Thu, December 30, 2010
Former Detroit Tiger GM Bill Lajoie Dies
(Detroit, MI) -- Former Detroit Tigers General Manager Bill Lajoie has died. Lajoie joined the Tigers in 1974 and later served as General Manager from ...
Wed, December 29, 2010
Former Detroit Tiger GM Bill Lajoie Dies
DETROIT -- Former Detroit Tiger General Manager Bill Lajoie has died. Lajoie joined the Tigers in 1974 and later served as General Manager from 1984 ...
Tue, December 28, 2010
GM shares up after high marks from Wall Street
DETROIT (Reuters) - General Motors Co <GM.N> shares rose as much as 3.1 percent and closed 2.1 percent higher on Tuesday after ...
Thu, December 23, 2010
Sensor mat issue prompts GM Cadillac recall
By Deepa Seetharaman
DETROIT (Reuters) - General Motors Co is recalling 109,000 Cadillac CTS cars worldwide for the model years 2005 to 2007 because ...
Tue, December 21, 2010
GM sees big rise in China-made Chevrolet Sail next year
GUANGZHOU, China (Reuters) - Top U.S. automaker General Motors <GM.N> expects exports of its China-made Chevrolet Sail to jump 300 percent or more ...
Mon, December 20, 2010
GM Recalls Crossover Vehicles To Fix Seat Belts
LANSING, Mich (WQTX) General Motors announced it is recalling about 100,000 crossover vehicles to fix seat belts that could fail in a crash ...
Fri, December 17, 2010
GM recalling 111,000 new small SUVs
DETROIT (Reuters) - General Motors Co said on Friday it is recalling about 111,000 Chevy Equinox, GMC Terrain and Cadillac SRX 2011 small SUV ...
Wed, December 15, 2010
U.S. receives $2.1 billion from GM preferred share buyback
WASHINGTON (Reuters) - General Motors Co <GM.N> has bought back the government's holdings of GM preferred stock issued in the automaker's bailout ...
Wed, December 15, 2010
Parts Shortage Shuts Down GM's Lansing Grand River Plant
LANSING, Mich (WQTX) This week’s major snowstorm in the Midwest and Canada has forced General Motors to halt production at the Lansing Grand ...
Mon, December 13, 2010
GM offers U.S. factory job buyouts
By Kevin Krolicki
DETROIT (Reuters) - General Motors Co <GM.N> said on Monday it wants to cut as many as several thousand U.S ...
Fri, December 10, 2010
GM seeks easing of executive pay restrictions
By John Crawley
WASHINGTON (Reuters) - General Motors Co will seek some relaxation of executive pay restrictions imposed by the U.S. government as a ...
Tue, December 07, 2010
Brewers GM Says Trade is "The First Step"
Milwaukee, wis. (WHBL-Learfield) - Milwaukee Brewers’ general manager Doug Melvin calls the trade for Shaun Marcum the “first step” – and he hopes to bring in ...
Thu, December 02, 2010
GM injects $4 billion cash into pension funds
DETROIT (Reuters) - General Motors Co <GM.N> said on Thursday that it made a $4 billion cash contribution to pension plans for its U ...
Tue, November 30, 2010
GM announces repayment of additional $1 billion debt
NEW YORK (Reuters) - General Motors Co <GM.N> said on Tuesday that its GM Daewoo Auto & Technology, Inc. subsidiary will fully repay its Korean ...
Tue, November 30, 2010
Brewers GM Keeping Options Open With Fielder
Milwaukee, Wis. (WHBL-Learfield) - Milwaukee Brewers’ general manager Doug Melvin says he’s keeping all his options open regarding Prince Fielder. The slugging first baseman ...
Mon, November 29, 2010
GM to return to pro golf sponsorship: sources
DETROIT (Reuters) - General Motors Co will return to sponsoring professional golf after severing its ties with the sport during its 2009 financial crisis, sources ...
Fri, November 26, 2010
GM IPO now world's biggest
By Clare Baldwin and Jonathan Spicer
NEW YORK (Reuters) - General Motors Co's <GM.N> initial public offering became the world's biggest at ...
Fri, November 26, 2010
EPA: GM's Chevy Volt To Get 93 MPG
LANSING, Mich (WQTX) General Motors says the new Chevy Volt gets the equivalent of 93 miles per gallon in combined city and highway driving ...
Thu, November 25, 2010
GM hiring to push electric effort beyond Volt
By David Bailey and Bernie Woodall
DETROIT (Reuters) - General Motors Co said on Tuesday it would hire 1,000 engineers and researchers in Michigan ...
Wed, November 24, 2010
GM to invest $163 million at three plants
DETROIT (Reuters) - General Motors Co <GM.N> plans to invest $163 million at plants in Michigan and Ohio to add engine production for the ...
Tue, November 23, 2010
Saudi's Kingdom, Alwaleed buy $500 million of GM IPO
JEDDAH (Reuters) - Saudi investment firm Kingdom Holding <4280.SE> and its Chairman Prince Alwaleed subscribed $500 million to General Motors' <GM.N> initial public ...
Thu, November 18, 2010
GM Shares Return To Market Today
LANSING, Mich (WQTX) Shares of General Motors return to trading on the stock market today. GM is being ressurrected as a public company with ...
Wed, November 17, 2010
GM Expanding IPO By 31 Percent
LANSING, Mich (WQTX) General Motors is expanding its initial public offering of shares by 31 percent. The automaker says that it will increase the ...
Fri, November 12, 2010
GM IPO multiple times oversubscribed: sources
By Clare Baldwin and Soyoung Kim
NEW YORK (Reuters) - General Motors Co's <GM.UL> initial public offering has been multiple times oversubscribed as ...
Fri, November 12, 2010
Nader Tries To Delay GM's IPO
LANSING, Mich (WQTX) Consumer advocate Ralph Nader and two consumer groups have made one last effort to delay General Motors planned 13-billion dollar public ...
Thu, November 11, 2010
Nader, allies seek suspension of GM IPO
WASHINGTON (Reuters) - The U.S. Treasury should make General Motors Co <GM.UL> suspend its planned initial public offering to ensure a better return ...
Thu, November 11, 2010
GM recalls cars due to power steering fluid leak
DETROIT (Reuters) - General Motors Co will recall 13,780 Cadillac DTS and Buick Lucerne luxury sedans because of possible power steering fluid leaks that ...
Wed, November 10, 2010
GM Earns $2 Billion In Third Quarter
LANSING, Mich (WQTX) General Motors says it made two-billion-dollars in the third quarter, a strong showing that should help the company's pitch to ...
Wed, November 10, 2010
GM confirms "unauthorized" e-mail cost UBS an IPO spot
By Soyoung Kim and Clare Baldwin
NEW YORK (Reuters) - General Motors Co <GM.N> confirmed on Wednesday that it has dropped one of the ...
Wed, November 10, 2010
GM posts $2 billion quarter profit, IPO next
By David Bailey
DETROIT (Reuters) - General Motors Co posted a $2 billion third-quarter profit on Wednesday, driven by an accelerating turnaround in North America ...
Wed, November 10, 2010
Lansing Twp. Board OK's Cleanup At Ex-GM Sites
LANSING, Mich (WQTX) Debris removal at two former General Motors sites can continue following action by the Lansing Township Board of Trustees. GM’s ...
Tue, November 09, 2010
GM Financial's quarterly profit doubles
BANGALORE (Reuters) - Auto lender General Motors Financial Company reported a quarterly profit that nearly doubled from last year, helped by a 23 percent drop ...
Fri, November 05, 2010
Detritus of old GM hits auction block ahead of IPO
By Deepa Seetharaman
PONTIAC, Michigan (Reuters) - Among the abandoned robots and industrial equipment strewn about a cavernous truck assembly plant here, Tom Dilworth mused ...
Thu, November 04, 2010
Treasury pushed for higher GM IPO price: report
DETROIT (Reuters) - General Motors Co <GM.N> and the Treasury disagreed over the pricing for shares in the automaker's initial public offering with ...
Thu, November 04, 2010
White House says confident of recouping all GM funds
WASHINGTON (Reuters) - The White House said on Thursday it was confident the government would recoup all the funds it had invested in General Motors ...
Thu, November 04, 2010
GM Shares Will Be Priced Between $26 And $29
LANSING, Mich (WQTX) General Motors says the company's shares will be priced between 26 and 29-dollars each in an initial public offering. GM ...
Wed, November 03, 2010
GM making EV in China with prototype out at year-end
By Fang Yan and Ken Wills
BEIJING (Reuters) - General Motors has started making an electric version of its popular Chevrolet New Sail in China ...
Wed, November 03, 2010
Toyota, GM lag as U.S. auto sales gain
By David Bailey
DETROIT (Reuters) - U.S. auto sales rose 13 percent in October, the best month of the year, led by a 19 ...
Wed, November 03, 2010
GM October sales up as U.S. industry gains
By David Bailey
DETROIT (Reuters) - General Motors Co posted a 3.5 percent increase in October U.S. auto sales on Wednesday, trailing smaller ...
Tue, November 02, 2010
GM's tax break worth as much as $45 billion: filing
DETROIT (Reuters) - General Motors Co <GM.UL> can get a tax break of up to $45 billion as part of its U.S. government-financed ...
Mon, November 01, 2010
GM settles on 4,500 dealers, still some opposition
By John Crawley
WASHINGTON (Reuters) - General Motors Co will move forward with 4,500 dealers after the automaker, under pressure from Congress angry with ...
Sun, October 31, 2010
GM to sell 365 million shares for $26-$29 each: sources
NEW YORK (Reuters) - General Motors is expected file terms for its initial public offering on Tuesday, three sources familiar with the matter said.
The ...
Thu, October 28, 2010
GM to repay taxpayers $2.1 billion as prepares for IPO
By Kevin Krolicki and David Bailey
DETROIT (Reuters) - In a series of moves that pave the way for an IPO and strengthen its finances ...
Thu, October 28, 2010
GM will do best to repay taxpayers: CEO
LANSING (Reuters) - General Motors Co <GM.UL> will continue to be profitable and do its "level best" to repay American taxpayers for the $50 ...
Wed, October 27, 2010
GM invokes past for "Chevy runs Deep" ad campaign
By David Bailey and Ben Klayman
DETROIT (Reuters) - General Motors Co is tapping a wide range of cars from its past and present, including ...
Wed, October 27, 2010
GM To Build Compact Cadillac In Lansing
LANSING, Mich (WQTX) General Motors is planning a major announcement tomorrow regarding the Lansing Grand River assembly plant. The Detroit News reports the auto ...
Thu, October 21, 2010
Deal Struck to Clean Up Janesville, Other Former GM Plants
JANESVILLE, Wis. (WTAQ) - The Obama administration has struck a deal to clean up dozens of former General Motors plants, including the one in Janesville ...
Tue, October 19, 2010
Nationals sign GM Rizzo to five-year extension
WASHINGTON (Reuters) - The Washington Nationals have signed general manager Mike Rizzo to a five-year contract extension that includes naming him executive vice president of ...
Sat, October 16, 2010
GM workers protest low-wage small-car plant
By Kevin Krolicki
DETROIT (Reuters) - About 100 General Motors Co workers and retirees picketed outside the United Auto Workers union's headquarters on Saturday ...
Fri, October 15, 2010
GM recalls Chevy Impalas on seat belt issue
DETROIT (Reuters) - General Motors Co is recalling 322,409 model year 2009 and 2010 Chevrolet Impala sedans because front seat belts may not be ...
Wed, October 13, 2010
GM on track for mid-November IPO: sources
By Soyoung Kim and Clare Baldwin
NEW YORK (Reuters) - General Motors Co <GM.UL> is on track to move ahead with its initial public ...
Tue, October 12, 2010
GM extends IPO deadline for employees, dealers
By Deepa Seetharaman and David Bailey
DETROIT (Reuters) - General Motors Co <GM.UL> said on Tuesday it has extended the deadline for a program ...
Mon, October 11, 2010
GM Finally Officially Unveils Chevrolet Volt
(Detroit, MI) -- After nearly four years of build-up, General Motors officially introduced the Chevrolet Volt to its vehicle lineup on Sunday. The car will ...
Thu, October 07, 2010
GM to recall 3,996 Cadillac SRX crossovers
DETROIT (Reuters) - General Motors Co is recalling nearly 4,000 Cadillac SRX crossovers from the 2010 model year due to potential power steering line ...
Thu, October 07, 2010
Brewers GM Expects To Begin Interviews in Next Few Days
Milwaukee, Wis. (WHBL-Learfield) - Milwaukee Brewers’ G-M Doug Melvin says he’d like to have an experienced manager replace Ken Macha. But Melvin says he ...
Wed, October 06, 2010
GM ends consulting deal with ex-CEO Henderson
DETROIT (Reuters) - General Motors <GM.UL> terminated a consulting deal with former Chief Executive Fritz Henderson on September 30 after he announced plans to ...
Fri, September 24, 2010
Treasury may be only seller in GM IPO: sources
By Soyoung Kim, Clare Baldwin and Kevin Krolicki
NEW YORK/DETROIT (Reuters) - The United Auto Workers health care trust and the governments of Canada ...
Tue, September 21, 2010
GM Recalls 20-Thousand Cadillac CTS, CTS-V Vehicles
General Motors is recalling more than 20-thousand Cadillac-CTS and CTS-V vehicles to replace a glove compartment box that could lead to leg injuries in ...
Sat, September 18, 2010
SAIC approached GM about IPO stake: sources
By Kevin Krolicki, Clare Baldwin and Fang Yan
DETROIT/NEW YORK/BEIJING - China's top automaker SAIC Motor Corp has reached out to General ...
Fri, September 17, 2010
GM IPO to be open to "all" investors: Treasury
DETROIT (Reuters) - The upcoming initial public offering of General Motors Co will be open to the widest possible range of investors, including both overseas ...
Thu, September 16, 2010
GM bailout payback to take several years: CEO
By Kevin Krolicki
DETROIT (Reuters) - General Motors Co <GM.UL> is determined to pay back taxpayers as quickly as possible, but the process could ...
Fri, September 10, 2010
New GM CEO to receive $1.7 million cash salary
DETROIT (Reuters) - General Motors Co's <GM.UL> new chief executive, Dan Akerson, will receive a $1.7 million cash salary as well as ...
Wed, September 08, 2010
GM's OnStar tests Facebook and texting applications
DETROIT (Reuters) - General Motors Co has begun testing applications that allow subscribers to its OnStar vehicle communication system to update their Facebook status verbally ...
Tue, September 07, 2010
Parcells turns over control of Dolphins to GM Ireland
MIAMI (Reuters) - Miami Dolphins vice president Bill Parcells is handing over control of the team to general manager Jeff Ireland and will remain a ...
Mon, September 06, 2010
Green Bay Packers GM Thompson Cites Tough Calls in Shaping Roster
GREEN BAY, Wis. (WTAQ) - Trimming the Green Bay Packers roster down to the requisite 53 wasn't easy. That's the message from GM ...
Fri, September 03, 2010
Report: GM To Start Trading Shares November 18th
There's word that General Motors plans to start trading shares again on November 18. That timing would allow the company another quarter of ...
Thu, September 02, 2010
GM's new boss woos autoworkers in first staff memo
DETROIT (Reuters) - General Motors' <GM.UL> new boss Dan Akerson sent his first letter to staff on Thursday, saying he valued the role of ...
Wed, September 01, 2010
Taxpayers may face initial loss on GM IPO: sources
By Clare Baldwin, Soyoung Kim and Kevin Krolicki
NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General ...
Wed, September 01, 2010
GM says sales drop 25 percent, sees slower recovery
By Fang Yan and Helen Massy-Beresford
BEIJING/PARIS (Reuters) - Asian auto sales soared in August, boosted by government incentives although U.S. economic uncertainty ...
Tue, August 31, 2010
GM expects competitive Chevy Volt pricing in China
SHANGHAI (Reuters) - General Motors expects competitive pricing for its electric Chevrolet Volt in China as it hopes to gain a foothold in China's ...
Mon, August 23, 2010
Biden says expects successful GM IPO
TOLEDO, Ohio (Reuters) - Vice President Joe Biden said on Monday he thinks General Motors Co will have a successful IPO, but would not predict ...
Fri, August 20, 2010
Funds may rebalance auto stocks on GM IPO: Ford
DETROIT (Reuters) - Mutual funds and other large stockholders may rebalance auto sector holdings after General Motors Co's <GM.UL> initial public offering, but ...
Wed, August 18, 2010
GM and and China's SAIC deepen ties
By Soo Ai Peng and Fang Yan
SHANGHAI/BEIJING (Reuters) - General Motors <GM.UL> and China's SAIC Motor Corp <600104.SS> deepened their ...
Tue, August 17, 2010
Major Recall Involving Lansing-Made GM Crossovers
General Motors is recalling nearly 250,000 crossover vehicles worldwide to inspect second-row seat belts that could be damaged and not latch. GM says ...
Tue, August 17, 2010
GM to recall more than 243,000 vehicles
DETROIT/WASHINGTON (Reuters) - General Motors Co will recall more than 243,000 model year 2009/2010 crossover sport utilities, mainly in the United States ...
Mon, August 16, 2010
UAW Stops Vote On Giveback Deal At GM Plan In Indy
The United Auto Workers union has decided not to go ahead with a vote on a new wage-cutting contract for a General Motors stamping ...
Fri, August 13, 2010
White House hails new GM CEO Akerson
WASHINGTON (Reuters) - The White House hailed GM's new CEO Dan Akerson on Friday as a proven and respected executive who can guide the ...
Fri, August 13, 2010
GM to list on NYSE, TSX: source
By Clare Baldwin and David Bailey
NEW YORK/DETROIT (Reuters) - General Motors Co will list its shares on the New York Stock Exchange and ...
Thu, August 12, 2010
GM CEO change needed no government approval says Treasury
WASHINGTON (Reuters) - The Treasury said on Thursday that General Motors Co's move to replace its chief executive was a commercial decision made by ...
Wed, August 11, 2010
GM CEO Whitacre steps down as IPO engine revs up
By David Bailey and Kevin Krolicki
DETROIT (Reuters) - General Motors Co Chief Executive Ed Whitacre resigned suddenly on Thursday as the automaker posted its ...
Tue, August 10, 2010
GM results to show gain over first quarter
By Soyoung Kim and Kevin Krolicki
NEW YORK/DETROIT (Reuters) - General Motors Co is preparing to report second-quarter results that will show a substantial ...
Fri, August 06, 2010
Union Leader Doubts GM Will Re-Open Janesville Plant
JANESVILLE, Wis. (WTAQ) - A union leader says he doubts that General Motors will re-open its Janesville plant, amid new reports indicating that it’s ...
Fri, August 06, 2010
GM plant reopening?
JANESVILLE, Wis (WRN) There are mixed feelings on whether or not the Janesville General Motors plant will reopen. The company’s CEO says they ...
Thu, August 05, 2010
GM: Janesville Plant May Re-Open
TRAVERSE CITY, Mich. (WTAQ) - General Motors officials say they might reopen one of the carmaker's manufacturing plants shuttered in the aftermath of its ...
Thu, August 05, 2010
GM considering reopening a plant: CEO
TRAVERSE CITY, Michigan (Reuters) - General Motors Co is considering reopening one of the auto plants it closed as it went through bankruptcy in 2009 ...
Thu, August 05, 2010
GM at work on IPO filing but not ready yet: CEO
By David Bailey and Bernie Woodall
TRAVERSE CITY, Michigan (Reuters) - General Motors Co has begun work on an initial public offering of stock that ...
Tue, August 03, 2010
Higher GM and Ford sales point to steady recovery
By Soyoung Kim
DETROIT (Reuters) - Auto sales rose 5 percent in July in an uneven recovery that left Toyota Motor Co <7203.T> and ...
Wed, July 28, 2010
GM Announces Volt Pricing; Starts Taking Orders
(San Jose, CA) -- Some General Motors dealers are now taking orders for the 2011 Chevrolet Volt. GM announced yesterday the price for the electric ...
Tue, July 27, 2010
GM sets $41,000 price for electric Chevy Volt
By Kevin Krolicki
DETROIT (Reuters) - General Motors on Tuesday set a price of $41,000 for its electric Chevrolet Volt -- $8,000 more than ...
Fri, July 23, 2010
GM plans to file for IPO during week of August 16: sources
By Clare Baldwin and Soyoung Kim
NEW YORK/DETROIT (Reuters) - General Motors Co <GM.UL> plans to file its registration for an initial public ...
Thu, July 22, 2010
GM to buy AmeriCredit for $3.5 billion
By Kevin Krolicki and David Bailey
DETROIT (Reuters) - General Motors Co <GM.UL> plans to buy auto finance company AmeriCredit Corp <ACF.N> for ...
Sun, July 18, 2010
Watchdog questions GM and Chrysler dealer closings
By John Crawley
WASHINGTON (Reuters) - The Obama administration may have acted hastily in demanding that General Motors Co and Chrysler accelerate the closing of ...
Sat, July 17, 2010
Group: At Least 2 Dozen GM, Chrysler Deals to Stay Open
MADISON, Wis. (WTAQ) - A retailer’s group says it knows of at least two dozen GM or Chrysler dealers in Wisconsin which will stay ...
Fri, July 02, 2010
GM to file mid-August IPO: sources
By Clare Baldwin, Philipp Halstrick and Soyoung Kim
NEW YORK/FRANKFURT/DETROIT (Reuters) - General Motors Co <GM.UL> plans to file its nearly $20 ...
Fri, July 02, 2010
GM in talks with banks on $5 billion credit line: source
DETROIT (Reuters) - General Motors Co <GM.UL> is in talks with banks to secure a $5 billion credit revolver as it prepares to file ...
Tue, June 29, 2010
GM's H1 China auto sales top U.S. for first time
SHANGHAI (Reuters) - General Motors' <GM.UL> first-half sales in China, the world's biggest auto market, exceeded sales in its home U.S. market ...
Wed, June 16, 2010
GM to restructure Opel without European aid
By Maria Sheahan
FRANKFURT (Reuters) - General Motors said on Wednesday it was dropping its request for European aid to restructure its Opel unit, opting ...
Fri, June 11, 2010
Morgan Stanley, JPMorgan set to lead GM IPO: source
By Clare Baldwin and Soyoung Kim
NEW YORK/DETROIT (Reuters) - Morgan Stanley <MS.N> and JPMorgan Chase & Co <JPM.N> are likely to be ...
Thu, June 10, 2010
Feds Visit Janesville to Talk Help With Closed GM Plant
JANESVILLE, Wis. (WTAQ) - The head of a White House council which helps those affected by plant closings in the auto industry will be in ...
Wed, June 09, 2010
Germany rules against aid for GM's Opel, for now
By Christiaan Hetzner and Andreas Rinke
FRANKFURT/BERLIN (Reuters) - Germany dashed Opel's hopes of receiving state aid on Monday, at least initially, in ...
Tue, June 08, 2010
GM recalls 1.5 million vehicles on fire risk
DETROIT (Reuters) - General Motors Co on Tuesday announced a recall of about 1.5 million trucks, crossovers and cars from model years 2006-2009 because ...
Tue, June 08, 2010
Commercial GM wheat 10 years away: report
LONDON (Reuters) - Australia needs to focus on wheat breeding technologies including genetically modified wheat, Peter Reading, managing director of Australia's Grains Research and ...
Mon, June 07, 2010
Banks asked about GM lending lines pre-IPO: report
NEW YORK (Reuters) - Morgan Stanley <MS.N> Chairman John Mack said that banks wanting to participate in the initial public offering of General Motors ...
Tue, June 01, 2010
JPMorgan and BofA lead candidates for GM IPO: report
NEW YORK (Reuters) - Bank of America Merrill Lynch <BAC.N> and JPMorgan <JPM.N> are the lead candidates for "senior manager" underwriting roles on ...
Sat, May 29, 2010
U.S. may choose lead bank on GM IPO next week: report
CHICAGO (Reuters) - The U.S. Treasury and General Motors Co may select a lead underwriter for an initial public offering for the automaker as ...
Tue, May 25, 2010
Yzerman leaves Red Wings to become Lightning GM
NEW YORK (Reuters) - Hall of Famer Steve Yzerman was named general manager of the Tampa Bay Lightning following his turn as executive director of ...
Fri, May 21, 2010
Treasury hires Lazard for GM IPO
By Jui Chakravorty
NEW YORK (Reuters) - The U.S. Treasury Department has hired Lazard Ltd <LAZ.N> to advise the government on an initial ...
Wed, May 19, 2010
Closed GM Plants Across Country To Be Re-Purposed
(Washington, DC) -- The Federal government will invest more than 800-million dollars to speed the cleanup and development of closed General Motors plants in 14-states ...
Wed, May 19, 2010
GM to stop paying union employees to quit: report
(Reuters) - Carmaker General Motors Co told the United Auto Workers (UAW) it will no longer pay union employees to leave the company, the Wall ...
Mon, May 17, 2010
Tampa Bay GM says hot Rays can do better
NEW YORK (Reuters) - The Tampa Bay Rays have baseball's best record but have yet to play to their potential because of some sleepy ...
Mon, May 17, 2010
GM posts profit as production snaps back
By Kevin Krolicki and David Bailey
DETROIT (Reuters) - General Motors Co <GM.UL> posted a first-quarter profit as demand steadied in the United States ...
Sat, May 15, 2010
U.S. to hire adviser for GM IPO: report
DETROIT (Reuters) - The Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co <GM ...
Thu, May 13, 2010
Pest munches up China fields after GM crop sprays halt
By Tan Ee Lyn
HONG KONG (Reuters) - A once minor pest has ravaged fruit orchards and cotton fields in China after farmers stopped spraying ...
Mon, May 10, 2010
Former Janesville GM Workers May Lose Benefits if They Avoid Work
JANESVILLE, Wis. (WTAQ) - General Motors is telling former Janesville employees to report for work in Ohio later this month, or lose their benefits. An ...
Wed, May 05, 2010
GM recalls over 126,000 Hummer H3s
DETROIT (Reuters) - General Motors Co is recalling about 126,130 Hummer H3 models to address the risk that part of the hood could detach ...
Mon, May 03, 2010
GM April U.S. sales rise 6 percent
DETROIT (Reuters) - General Motors Co <GM.UL> posted a 6.4 percent gain in U.S. April sales on Monday, helped by strong demand ...
Thu, April 22, 2010
GM Repays Loans
DETROIT (WKZO) -- General Motors is still largely owned by Uncle Sam but it has repaid it outstanding debt to the U.S. and Canadian ...
Wed, April 21, 2010
GM CEO believes taxpayers could be made whole
By John Crawley and Soyoung Kim
WASHINGTON/DETROIT (Reuters) - General Motors Co believes taxpayers could recoup their entire $50 billion investment in the company ...
Wed, April 21, 2010
GM firmly on road to viability: Treasury
WASHINGTON (Reuters) - Distressed automaker General Motors Co repaid its government loans way ahead of schedule and is now on a strong path to viability ...
Wed, April 07, 2010
U.S. probes risk of brake failure in 6 million GM trucks
DETROIT (Reuters) - U.S. safety regulators are investigating a potential for brake failure in General Motors Co vehicles that could affect up to 6 ...
Wed, April 07, 2010
GM posts $4.3 billion loss, says 2010 profit possible
By Soyoung Kim and Bernie Woodall
DETROIT (Reuters) - General Motors Co <GM.UL> posted a net loss for 2009, but said it was possible ...
Mon, April 05, 2010
Solow drops Conseco lawsuit over GM building in NY
By Jonathan Stempel
NEW YORK (Reuters) - Billionaire New York real estate developer Sheldon Solow has dropped his lawsuit accusing insurer Conseco Inc of fraud ...
Sat, March 27, 2010
GM Recalls 5,000 Heavy-Duty Vans
DETROIT, Mich. (WTAQ) - General Motors is recalling about 5,000 vans due to a faulty alternator. The automaker stopped sales of the heavy-duty Chevrolet ...
Fri, March 26, 2010
GM expects to repay $1 billion loan to Treasury: report
(Reuters) - General Motors Co <GM.UL> expects to repay $1 billion to the U.S. Treasury on Wednesday, attempting to settle the loan with ...
Wed, March 24, 2010
GM unveils electric concept car for mega-cities
By Fang Yan and Jason Subler
SHANGHAI (Reuters) - General Motors unveiled a new electric concept car in China on Wednesday , aiming to burnish its ...
Fri, March 19, 2010
Pay czar trims salaries at top of GM exec ranks
By David Bailey
PHOENIX (Reuters) - The U.S. pay czar will slash the number of top General Motors Co executives who will receive base ...
Wed, March 17, 2010
GM CFO sees chance for profit, IPO in 2010
By Kevin Krolicki
DETROIT (Reuters) - General Motors Co <GM.UL> has a "reasonable chance" to show a profit in 2010 and could sell shares ...
Thu, March 11, 2010
New London Dealer Getting its GM Franchise Back
NEW LONDON, Wis. (WTAQ) - One of the hundreds of General Motors dealerships that are getting their franchises back is Plach in New London. Owner ...
Wed, March 10, 2010
GM CEO says U.S. will make money on bailout
By Jim Forsyth
SAN ANTONIO (Reuters) - General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before ...
Tue, March 09, 2010
Crown Motors Gets GM Franchises Back
(Holland, MI - WHTC News) - Crown Motors of Holland was told by GM officials yesterday that it will regain the Buick and Cadillac franchises that ...
Fri, March 05, 2010
GM to pay vice chairman Girsky $5 million
NEW YORK (Reuters) - General Motors <GM.UL> will pay Stephen Girsky, recently appointed vice chairman in charge of corporate strategy and business development, around ...
Fri, March 05, 2010
GM offers to keep 661 of rejected U.S. dealers
By Bernie Woodall and Soyoung Kim
DETROIT (Reuters) - General Motors Co <GM.UL> has offered to keep open 661 of its U.S. dealers ...
Wed, March 03, 2010
U.S. to assume Toyota/GM joint venture pensions
By John Crawley
WASHINGTON (Reuters) - The U.S. agency that insures corporate pensions will assume plans covering 5,800 workers and retirees of a ...
Wed, March 03, 2010
GM Vice Chairman Lutz to retire on May 1
By Kevin Krolicki and Bernie Woodall
DETROIT (Reuters) - GM Vice Chairman Bob Lutz, an executive credited with bringing an urgency to the automaker's ...
Tue, March 02, 2010
GM reshuffles U.S. sales, marketing team
By Soyoung Kim
DETROIT (Reuters) - General Motors Co <GM.UL> is giving responsibility for U.S. sales to North America President Mark Reuss in ...
Tue, March 02, 2010
GM sales up as industry wobbles
DETROIT (Reuters) - General Motors Co <GM.UL> on Tuesday posted a nearly 12 percent gain in U.S. February sales, boosted by a doubling ...
Tue, March 02, 2010
GM triples Opel financing, cuts state aid request
By Maria Sheahan
FRANKFURT (Reuters) - General Motors <GM.UL> has tripled its funding of European arm Opel and cut its request for state aid ...
Mon, March 01, 2010
GM recalling 1.3 million vehicles over steering problems
DETROIT (Reuters) - General Motors Co is recalling 1.3 million compact cars in North America to address a power steering problem that has been ...
Thu, February 25, 2010
GM contacts previous bidders for Tengzhong: source
By Soyoung Kim and Doug Young
DETROIT/HONG KONG (Reuters) - General Motors <GM.UL> has approached previous bidders for its Hummer unit after a ...
Wed, February 24, 2010
GM to shut down Hummer after China deal fizzles
By Soyoung Kim and David Bailey
DETROIT (Reuters) - General Motors Co <GM.UL> will wind down its iconic but tarnished Hummer brand after Chinese ...
Mon, February 22, 2010
GM must raise share of Opel costs to get aid: paper
FRANKFURT/BERLIN (Reuters) - General Motors should raise its share of the reorganization costs for its European arm Opel in order to get state aid ...
Tue, February 16, 2010
GM seeking more U.S. ethanol fueling stations
By Bernie Woodall
KISSIMMEE, Florida (Reuters) - General Motors Co's growing output of vehicles capable of running on ethanol-gasoline blends won't help cut ...
Mon, February 15, 2010
Tata Motors appoints former GM exec as group CEO
MUMBAI (Reuters) - India's Tata Motors <TAMO.BO> has appointed Carl-Peter Forster, a former General Motors <GM.UL> executive, as the group chief executive ...
Tue, February 02, 2010
Toyota U.S. sales reel from crisis; GM, Ford surge
By David Bailey and Kevin Krolicki
DETROIT (Reuters) - Toyota Motor Corp sales dropped 16 percent in January as the automaker reeled from a massive ...
Thu, January 28, 2010
51 WI Chrysler, GM Dealers Want Franchises Back
MADISON, Wis. (Midwest Communications) - 51 Wisconsin Chrysler and GM dealers have petitioned to get their franchises back. They were among thousands of dealers throughout ...
Mon, January 25, 2010
GM's Whitacre to stay on as CEO; search dropped
By Soyoung Kim and Bernie Woodall
DETROIT (Reuters) - General Motors Co <GM.UL> Chairman Ed Whitacre said on Monday he would stay on as ...
Sat, January 23, 2010
GM expects to need new China plant as sales rise
By Fang Yan and Edmund Klamann
SHANGHAI (Reuters) - General Motors <GM.UL> expects it will need to build a new greenfield manufacturing facility in ...
Sat, January 23, 2010
Tiny Spyker snaps up GM's Saab for $400 million
By Johan Ahlander and David Bailey
STOCKHOLM/DETROIT (Reuters) - Tiny Dutch auto group Spyker <SPYKR.AS> clinched a last-minute deal on Tuesday to buy ...
Mon, January 18, 2010
Spyker CEO says still in talks with GM over Saab
AMSTERDAM (Reuters) - Dutch luxury car maker Spyker Cars said on Monday it was still in talks to buy Swedish auto brand Saab from General ...
Mon, January 18, 2010
Opel CEO to staff: "Don't blame GM for everything"
FRANKFURT (Reuters) - Opel management called on staff to abandon any false illusions that parent General Motors
was the root cause of the ailing European ...
Fri, January 15, 2010
GM Daewoo finance chief Mark James named Opel CFO
FRANKFURT (Reuters) - General Motors' <GM.UL> German unit Opel appointed a new management team on Friday led by Nick Reilly as chief executive and ...
Tue, January 12, 2010
Janesville Officials Not Optimistic About GM Plant Re-Opening
JANESVILLE, Wis. (WTAQ) - Officials in the Janesville area say they’d love to see the empty General Motors plant re-open. But they see no ...
Mon, January 11, 2010
GM May Re-Open Idled Plants
DETROIT, Mich. (Midwest Communications) - General Motors might re-open some of the plants it closed, because it cannot make at least 3 types of vehicles ...
Mon, January 11, 2010
Production could resume at Janesville GM plant
DETROIT, MI (WSAU) - General Motors might re-open some of the plants it closed, because it cannot make at least three types of vehicles fast ...
Mon, January 11, 2010
GM says could make a profit in 2010
DETROIT (Reuters) - General Motors Co <GM.UL> could post a profit in 2010 if the U.S. industry stages modest recovery but remains subject ...
Thu, January 07, 2010
GM, government backers show off first Volt battery
By Soyoung Kim and Kevin Krolicki
BROWNSTOWN TOWNSHIP, Michigan (Reuters) - General Motors Co showed off the first battery pack for its electric Chevy Volt ...
Thu, January 07, 2010
GM names firm to wind down Saab, says weighing bids
By Harro ten Wolde and Nicholas Vinocur
AMSTERDAM/STOCKHOLM (Reuters) - General Motors named a restructuring firm to run the winding-down of Swedish carmaker Saab ...
Tue, December 29, 2009
GM ups discounts to sell Pontiac, Saturn inventory
DETROIT (Reuters) - General Motors Co <GM.UL>, which is winding down its Pontiac and Saturn brands, has offered dealers $7,000 per car to ...
Tue, December 29, 2009
Janesville Families Deal With GM Workers Away From Home
JANESVILLE (WRN) - More than 500 people who worked at General Motors in Janesville when it shut down a year ago are now employed at ...
Tue, December 29, 2009
Some former GM-Janesville workers commute long distances to keep jobs
JANESVILLE, Wis (WSAU) More than 500 people who worked at General Motors in Janesville when it shut down a year ago are now employed ...
Mon, December 28, 2009
GM plans to rush Pontiac, Saturn sales: report
(Reuters) - General Motors Co <GM.UL> is offering huge incentives to its dealers to speed up the sales of leftover inventory from its Saturn ...
Thu, December 24, 2009
Saab deal hopes fade, GM presses on with wind down
By Kevin Krolicki and Gilbert Kreijger
DETROIT/AMSTERDAM (Reuters) - General Motors Co <GM.UL> is pressing ahead with plans to shut down Saab as ...
Mon, December 21, 2009
GM names Microsoft finance chief as CFO
By Kevin Krolicki and Bill Rigby
DETROIT/SEATTLE (Reuters) - General Motors Co <GM.UL> has hired Chris Liddell, the chief financial officer of Microsoft ...
Sun, December 20, 2009
GM mulling Saab inquiries with new bid from Spyker Cars
By Aaron Gray-Block
AMSTERDAM (Reuters) - General Motors <GM.UL> said on Sunday it would evaluate several new expressions of interest for its Swedish unit ...
Fri, December 18, 2009
GM to shut down Saab, talks with Spyker fail
By Bernie Woodall and Niklas Pollard
DETROIT/STOCKHOLM (Reuters) - General Motors Co said it would begin shutting down its money-losing Saab brand after last-ditch ...
Tue, December 15, 2009
GM to repay government debt by June, new CEO says
By Kevin Krolicki
DETROIT (Reuters) - General Motors Co plans to repay roughly $8 billion in debt to the United States and Canada by June ...
Fri, December 11, 2009
GM: Warm Up Vehicles Before Hitting The Road
MILWAUKEE (WRN) - It’s bitter cold in Wisconsin Friday morning. And General Motors has gone against the advice of environmentalists, by urging folks to ...
Thu, December 10, 2009
Ford CEO Mulally says talked to GM's Whitacre Wed
DETROIT (Reuters) - Ford Motor Co <F.N> Chief Executive Alan Mulally said in a CNBC interview on Thursday that he had talked this week ...
Thu, December 10, 2009
Buick head leaves as shakeup at GM continues
DETROIT (Reuters) - The head of GM's <GM.UL> Buick and GMC brands has resigned after only nine days on the job in a ...
Wed, December 09, 2009
GM names new Chevrolet chief as shakeup continues
DETROIT (Reuters) - General Motors Co <GM.UL> has replaced the head of its mass-market Chevrolet brand as the management shake-up continues at the top ...
Wed, December 09, 2009
Judge dismisses lawsuit over GM Building in NY
NEW YORK (Reuters) - A U.S. judge dismissed a lawsuit against Conseco Inc insurance and finance company over allegations of fraud in the $1 ...
Tue, December 08, 2009
Congress plans remedy in GM, Chrysler dealer dispute
WASHINGTON (Reuters) - General Motors and Chrysler would be forced to resolve disputes arising from their plans to close more than 2,000 dealerships, under ...
Tue, December 08, 2009
GM board moving fast on CEO, CFO hires
By David Bailey and Bernie Woodall
DETROIT (Reuters) - The board of General Motors Co <GM.UL> will get an update on the search for ...
Tue, December 08, 2009
GM board to get early update on CEO search: source
By David Bailey and Bernie Woodall
DETROIT (Reuters) - The board of General Motors Co <GM.UL> will get an update on the search for ...
Mon, December 07, 2009
GM to invest $336 million in Volt plant
DETROIT (Reuters) - General Motors Co will invest $336 million in a Detroit-area plant to produce its heavily anticipated Chevrolet Volt electric car beginning next ...
Sun, December 06, 2009
GM taps Spencer Stuart to conduct CEO search : report
NEW YORK (Reuters) - General Motors Co <GM.UL> has tapped recruiting firm Spencer Stuart to find a permanent chief executive with extensive global, manufacturing ...
Fri, December 04, 2009
GM Chairman Whitacre shakes up senior management
By David Bailey
DETROIT (Reuters) - General Motors Co <GM.UL> Chairman and Chief Executive Ed Whitacre announced a broad shake-up of the automaker's ...
Fri, December 04, 2009
GM plans management shakeup, to reassign Lutz: report
DETROIT (Reuters) - In a sharp move three days after replacing Chief Executive Fritz Henderson, General Motors Co <GM.UL> Chairman and Chief Executive Officer ...
Thu, December 03, 2009
GM sees the driving future: it's a video game
By Steve Gorman
LOS ANGELES (Reuters) - General Motors Co, battling for survival for much of the past year, has cut loose designers to sketch ...
Thu, December 03, 2009
Ruskell resigns as Seahawks president and GM
SEATTLE (Reuters) - Tim Ruskell resigned on Thursday as president and general manager of the Seattle Seahawks, saying the wins had not come quick enough ...
Wed, December 02, 2009
GM's management was "surprised" by CEO's exit: Lutz
LOS ANGELES (Reuters) - General Motors Co's <GM.UL> management team was "surprised" and "saddened" by the sudden departure of Chief Executive Fritz Henderson ...
Tue, December 01, 2009
GM CEO Henderson departs in shakeup by board
By David Bailey and Soyoung Kim
DETROIT (Reuters) - General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's ...
Tue, December 01, 2009
GM sales fall 2.2 percent in November
DETROIT (Reuters) - General Motors Co <GM.UL> posted a 2.2 percent drop in U.S. sales in November from a year earlier, weighed ...
Mon, November 30, 2009
GM sees China market sales growth slowing
By Alison Leung
GUANGZHOU (Reuters) - General Motors <GM.UL> expects sales growth for China's auto market to drop dramatically in 2010, as the ...
Sun, November 29, 2009
Beijing Auto says "stay tuned" on GM's Saab
By Simon Rabinovitch
NANJING, China (Reuters) - Beijing Automotive Industry Holding Corp (BAIC) might still be interested in buying General Motors' Saab unit, according to ...
Tue, November 24, 2009
GM's Saab sale collapses as buyer backs out
By Kevin Krolicki and David Bailey
DETROIT (Reuters) - A deal for General Motors Co <GM.UL> to sell its Saab brand collapsed on Tuesday ...
Tue, November 24, 2009
GM pays back Germany, signals fewer job cuts
By Tom Kaeckenhoff and Erik Kirschbaum
DUESSELDORF/BERLIN (Reuters) - General Motors <GM.UL> has paid back a loan from Germany and slightly lowered its ...
Mon, November 23, 2009
GM to present plan to fix Opel this week
By Philip Blenkinsop and John O'Donnell
BRUSSELS (Reuters) - General Motors <GM.UL> will present a plan to European governments to save struggling carmaker ...
Wed, November 18, 2009
Johnson joins the Nationals as advisor to GM
WASHINGTON (Reuters) - Former major league manager Davey Johnson has been named senior advisor to Washington Nationals General Manager Mike Rizzo, the team said Wednesday ...
Wed, November 18, 2009
Exclusive: GM must pay debt, make money before IPO
By John Crawley
WASHINGTON (Reuters) - General Motors <GM.UL> should focus on making money and repaying U.S. Treasury loans before turning to public ...
Tue, November 17, 2009
GM says 10,000 jobs could go in European shake-up
LONDON (Reuters) - U.S. carmaker General Motors could cut between 9,000 and 10,000 jobs as part of its restructuring of its European ...
Sun, November 15, 2009
GM posts loss, vows to repay U.S. early
By Kevin Krolicki and David Bailey
DETROIT (Reuters) - General Motors Co <GM.UL> said on Monday it lost $1.2 billion in a bankruptcy-shortened ...
Fri, November 13, 2009
GM still wants state aid for Opel restructuring
FRANKFURT (Reuters) - General Motors reiterated on Friday it wanted state aid to help restructure European arm Opel after Germany's economics minister said the ...
Wed, November 11, 2009
Pay caps make it tough to hire execs: GM chairman
By Jim Forsyth
SEGUIN, Texas (Reuters) - General Motors Co <GM.UL> Chairman Ed Whitacre on Tuesday urged the Obama administration to give the automaker ...
Thu, November 05, 2009
GM CEO starts Opel charm tour at Ruesselsheim HQ
By Christiaan Hetzner
FRANKFURT (Reuters) - General Motors <GM.UL> Chief Executive Fritz Henderson was due in Germany on Monday to start talks aimed at ...
Tue, November 03, 2009
GM's U-turn on Opel sale angers Germany, Russia
By Angelika Gruber and Gernot Heller
FRANKFURT/BERLIN (Reuters) - German and Russian leaders seethed and unions tore up a deal to cut costs in ...
Tue, November 03, 2009
GM sees October sales bounce, Chrysler plunges
By Soyoung Kim and David Bailey
DETROIT (Reuters) - General Motors <GM.UL> posted its first monthly sales increase in nearly two years on Tuesday ...
Mon, November 02, 2009
GM says had $13.6 billion cash in escrow account in October
DETROIT (Reuters) - General Motors Co <GM.UL> had $13.6 billion remaining in its U.S. government-funded escrow account as of October, after making ...
Sun, October 25, 2009
Biden to announce GM plant's reopening: source
WASHINGTON (Reuters) - U.S. Vice President Joe Biden plans on Tuesday to visit a closed General Motors plant in Wilmington, Delaware, where he is ...
Fri, October 23, 2009
GM board to reconsider Opel in early November
By Kevin Krolicki and Maria Sheahan
DETROIT/FRANKFURT (Reuters) - General Motors <GM.UL> will decide in early November whether to proceed with a deal ...
Fri, October 23, 2009
GM CEO to get raise in compensation: report
(Reuters) - General Motors Chief Executive Fritz Henderson will get a raise in his compensation package to $5.45 million under new rules advocated by ...
Tue, October 20, 2009
World must use GM crops, says UK science academy
By Gerard Wynn
LONDON (Reuters) - The world needs genetically modified crops both to increase food yields and minimize the environmental impact of farming, Britain ...
Sat, October 17, 2009
Pay rules complicate GM CFO search: report
CHICAGO (Reuters) - General Motors Co's bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed ...
Thu, October 15, 2009
SAIC, GM in talks on cooperation in India: source
By Fang Yan and Edmund Klamann
SHANGHAI (Reuters) - SAIC Motor Corp <600104.SS>, China's biggest automaker, is in talks with its partner General ...
Thu, October 15, 2009
GM, Magna set to sign Opel deal, job talks continue
By Michael Shields and Tracy Rucinski
FRANKFURT/MADRID (Reuters) - U.S. carmaker General Motors was close to signing a deal to sell a 55 ...
Wed, October 14, 2009
GM says ready to join GM Daewoo rights offer
By Cheon Jong-woo
INCHEON, South Korea (Reuters) - The chief executive of General Motors Co <GM.UL> reiterated on Thursday that the U.S. automaker ...
Wed, October 14, 2009
GM aims to grow faster than China market in 2010
By Fang Yan and Edmund Klamann
SHANGHAI (Reuters) - General Motors Co <GM.UL> aims to grow faster than China's auto market in 2010 ...
Wed, October 07, 2009
GM says cost-cutting nearly done, sales chief out
By Kevin Krolicki and David Bailey
DETROIT (Reuters) - General Motors Co <GM.UL> is on track to complete a wrenching cost-cutting but faces risks ...
Thu, October 01, 2009
U.S. September auto sales plunge; GM, Chrysler hit hard
By Kevin Krolicki and David Bailey
DETROIT (Reuters) - U.S. auto sales tumbled by 23 percent in September as showrooms emptied after the government-funded ...
Wed, September 30, 2009
GM to close Saturn as sale to Penske collapses
By David Bailey and Bernie Woodall
DETROIT (Reuters) - General Motors Co <GM.UL> will close Saturn and wind down its dealership network after a ...
Thu, September 24, 2009
GM CEO sees "modest" U.S. auto sale recovery
By Barbara Liston
ORLANDO, Florida (Reuters) - The U.S. car market should see a modest recovery in 2010, with sales possibly reaching between 11 ...
Tue, September 22, 2009
GM restores 3,000 jobs, prepares to raise output
By David Bailey and Bernie Woodall
DETROIT (Reuters) - General Motors Co <GM.UL> said on Tuesday it planned to restore about 3,000 jobs ...
Wed, September 16, 2009
GM exec says balance of power shifts with Opel deal
By Christiaan Hetzner
FRANKFURT (Reuters) - Magna's <MGa.TO> planned acquisition of Opel is proof that carmakers have lost the upper hand in the ...
Fri, September 04, 2009
Germany tells GM it wants Opel decision next week
By Dave Graham
BERLIN (Reuters) - Germany raised the pressure on General Motors on Friday to choose a buyer for its Opel unit, with Economy ...
Wed, September 02, 2009
GM's August China vehicle sales more than double
SHANGHAI (Reuters) - General Motors Co <GM.UL> said on Wednesday its China vehicles sales in August jumped 112.7 percent from a year earlier ...
Tue, September 01, 2009
RHJ confirms has sweetened its bid for GM's Opel
FRANKFURT (Reuters) - Belgian finance investor RHJ International raised the stakes in the ongoing bidding war with rival Magna for GM's Opel, a spokesman ...
Tue, September 01, 2009
GM board to discuss Opel's future Tuesday: sources
FRANKFURT (Reuters) - The General Motors board of directors will discuss the future of Opel in a telephone meeting on Tuesday, two sources familiar with ...
Recent Comments