GENERAL MOTORS

General Motors Co said on Tuesday it planned to restore about 3,000 jobs at U.S. assembly plants and related facilities and is getting set to raise North American production by up to 45 percent next year.

Cost-savings talks between Ford Motor Co's (F.N) Canadian subsidiary and the Canadian Auto Workers union continued on Wednesday, but the union said Ford had so far failed to address its key issue.

Goldman Sachs' (GS.N) $334 million investment in Geely Automobile Holdings (0175.HK) will boost the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's (F.N) Volvo brand.

Lithium-ion car battery maker A123 Systems Inc on Tuesday raised the estimated price of its initial public offering by 23 percent and now expects proceeds of about $276 million.

General Motors Co said on Tuesday that it would add shifts at three U.S. assembly plants, restoring 2,400 jobs, as it shutters other facilities or prepares them for new products.

The chief executive of Canadian auto supplier Magna International (MGa.TO) said on Tuesday he did not know of any tie-up plans with China's Geely Group.

Thousands of people marched through the streets of Zaragoza north east Spain on Saturday to protest Canada's Magna's (MGa.TO) acquisition of 55 percent of General Motors' Opel, Spanish media reported.

Canadian auto supplier Magna International (MGa.TO) said it plans to hold talks to appease Volkswagen (VOWG.DE), which has threatened to pull business from Magna if it goes through with an investment in Opel.

Ford Motor Co and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, where sales may soon outpace its existing capacity, an industry source said on Tuesday.

GM Europe is forming a group to discuss the future of Opel's plant in Antwerp, Belgium and will give details on its restructuring plan after talks are concluded, it said on Monday.

An investment arm of Goldman Sachs is in talks with Chinese car maker Geely Automotive, which has been linked with both Volvo and Opel, to buy about $250 million of the company's convertible bonds and warrants, two sources said.

Thousands of people marched through the streets of Zaragoza north east Spain on Saturday to protest Canada's Magna's acquisition of 55 percent of General Motors' Opel, Spanish media reported.

Thousands of people marched through the streets of Zaragoza in northeast Spain on Saturday to protest against Canada's Magna acquiring 55 percent of General Motors' Opel, Spanish media reported.

Thousands of people marched through the streets of Zaragoza in northeast Spain on Saturday to protest against Canada's Magna acquiring 55 percent of General Motors' Opel, Spanish media reported.

First talks between European unions and delegates from General Motors and Magna (MGa.TO) begin next week over plans to cut 10,500 jobs at Opel save labor costs in the hundreds of millions of euros.

Visteon Corp has sought U.S. Bankruptcy Court permission to drop contracts to supply auto interiors, fuel tanks, climate controls and lighting components to General Motors Co under a deal with the automaker that would give it more than $22 million.

First talks between European unions and delegates from General Motors and Magna begin next week over plans to cut 10,500 jobs at Opel save labour costs in the hundreds of millions of euros.

Mazda Motor Corp said it would begin selling the Mazda2 hatchback in the United States towards the end of 2010, getting a late start in a segment that has held up relatively well as consumers seek cheaper and smaller cars.

Mazda Motor Corp (7261.T) said it would begin selling the Mazda2 hatchback in the United States toward the end of 2010, getting a late start in a segment that has held up relatively well as consumers seek cheaper and smaller cars.

American Axle & Manufacturing Holdings Inc said on Thursday it has reached a new commercial agreement with General Motors Co, its main customer, and a revised credit agreement with lenders.

Magna's planned acquisition of Opel is proof that carmakers have lost the upper hand in the industry by outsourcing development work to suppliers and relying on them for technological knowhow, a top GM executive said.