GENERAL MOTORS

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March auto sales jump 24 percent, Toyota rebounds

U.S. auto sales jumped 24.3 percent in March, the strongest result in months, led by a rebound at recall-hit Toyota Motor Corp , which offered record incentives aimed at putting the crisis behind it.

GM March sales jump, industry seen up sharply

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General Motors posted a 43 percent jump in U.S. sales for March from a year earlier in its continuing brands, the first of expected sharp gains by automakers driven by incentives and better weather.

Geely eyes China market to revive Volvo brand

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Li Shufu, the plain-spoken chairman of China's Zhejiang Geely Holding Group, faces a long, uphill journey to return Ford Motor's prestigious but loss-making Volvo brand to profitability.
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GM adds third shift to Ontario plant

General Motors Co is bringing back 600 laid-off workers at its Oshawa, Ontario, assembly plant, where it is adding a third shift to support a ramp-up in production at another local factory, the company said on Friday.
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Apple director Jerry York dies at 71

Jerry York, a long-time adviser to billionaire investor Kirk Kerkorian and executive whose career spanned the auto and technology industries, has died, Apple Inc said on Thursday.
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GM's Russia reorganization sparks fears at Opel

Opel workers demanded reassurances that its European brand will not be disadvantaged at the expense of sister brand Chevrolet, after Opel lost responsibility for the Russian region to an Asian arm of General Motors.
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Toyota discounts boost sales

Unprecedented discounts after a series of damaging recalls boosted Toyota Motor Corp's U.S. sales in early March, as U.S. regulators weighed new auto safety measures.
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GM CEO says U.S. will make money on bailout

General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
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GM to pay vice chairman Girsky $5 million

General Motors will pay Stephen Girsky, recently appointed vice chairman in charge of corporate strategy and business development, around $5 million a year, mainly in stocks, the company said on Friday.
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GM to restore U.S. dealers after arbitration: sources

General Motors Co will begin notifying some of its 1,160 U.S. dealers marked for shutdown that their franchises will be restored after congressionally mandated arbitration, two sources briefed on the matter said on Friday.
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GM to restore US dealers after arbitration: sources

General Motors Co will begin notifying some of its 1,160 U.S. dealers marked for shutdown that their franchises will be restored after congressionally mandated arbitration, two sources briefed on the matter said on Friday.
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GM Vice Chairman Lutz to retire on May 1

GM Vice Chairman Bob Lutz, an executive credited with bringing an urgency to the automaker's efforts to revamp its vehicle line-up and shake off negative consumer perceptions, will retire on May 1, General Motors Co said on Wednesday.
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U.S. to assume Toyota/GM joint venture pensions

The U.S. agency that insures corporate pensions will assume plans covering 5,800 workers and retirees of a joint venture in California between Toyota Motor Corp and General Motors Co that closes at the end of the month.
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Ford February sales rise 43 percent

Ford Motor Co posted a 43 percent surge in its February U.S. sales on Tuesday, outselling General Motors Co , and also set higher second-quarter production targets for North America.
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GM sales up as industry wobbles

General Motors Co on Tuesday posted a nearly 12 percent gain in U.S. February sales, boosted by a doubling in sales to fleet operators and relatively strong demand for newer crossovers like the Chevy Equinox.

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