General Motors
GM creates venture capital subsidiary
05 Jun 2010
GM settles Opel compensation row with Sberbank
29 Apr 2010
GM repays all government loans
22 Apr 2010
The company’s ability to pay back the loans less that a year after emerging from bankruptcy was a sign that its plan for building a new GM was working, say GM onnsiders, says CEO Ed Whitacre
GM issues latest recall of 5,000 heavy-duty vans due to faulty alternator
29 Mar 2010
This latest recall comes after General Motors South Korean subsidiary recalled 58,696 automobiles due to potential problems with steering wheels, fuel hoses and faulty interiors
After empty promises to JLR, UK pledges £270 million loan guarantees for GM Europe
13 Mar 2010
In stark contrast to providing any guarantees for JLR's loan from EIB, the UK government yesterday will provide loan guarantees worth £270 million (€300 million) for GM’s European operations
Sichuan Tengzhong drops hammer on GM’s Hummer
26 Feb 2010
Opel plans $15 billion restructuring; to axe 8,300 jobs
10 Feb 2010
German unit of General Motors, Adam Opel GmbH, will invest €11 billion euros and reduce about 8,300 jobs in Europe over the next five years to restructure operations.
GM aims to become first US auto major in electric vehicles
27 Jan 2010
The new transformed General Motors (GM) is steering away from fuel guzzling cars and foresees itself becoming the first major US automaker to design and manufacture electric vehicles
Spyker bags GM’s Saab brand for $500 million
27 Jan 2010
Spyker, the Netherlands-based sport car specialist’s dogged perseverance to acquire GM’s Swedish brand Saab, finally paid off yesterday, when it closed the deal for $500 million
GM shuts Belgian Opel plant, cuts 2600 jobs
21 Jan 2010
GM gets last minute bids for Saab
08 Jan 2010
US government to inject $3.8 billion into GMAC, hike stake to 56 per cent
31 Dec 2009
The treasury will increase its investment in GMAC to $16.3 billion, from $12.5 billion and will appoint four of the company's nine directors.
Spyker makes new improved offer for Saab
21 Dec 2009
GM to close Saab as talks with Spyker collapse
19 Dec 2009
General Motors (GM) is closing its Swedish venture, Saab Automobile AB, as talks to sell the loss-making brand to Dutch automaker Spyker Cars collapsed yesterday.
GM sells parts of Saab to Beijing Automotive
14 Dec 2009
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