GENERAL MOTORS

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Germany says results, not speed key in Opel deal

The German government signaled on Wednesday that talks between Berlin and General Motors over the fate of its European unit Opel are threatening to drag on, raising the specter of insolvency again.

SAIC Motor H1 net falls 26 pct, but outlook solid

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SAIC Motor Corp, China's biggest automaker, posted a 26.4 percent fall in first half earnings on provisions for its loss-making South Korean unit but was cautiously optimistic for the rest of the year as government policy initiatives bolstered automobile demand.
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Germany says GM management still wants to sell Opel

Germany believes the management of General Motors Co is still committed to finding a buyer for its European unit Opel, government officials said on Tuesday after talks with the U.S. automaker in Berlin.
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GM negotiator to meet with Opel task force

General Motors' chief negotiator in the sale of Opel will on Tuesday meet a task force created by the German government to discuss the U.S. carmaker's plans for the European unit, a German politician said.
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GM considers keeping Opel as pressure mounts

General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International , sources with knowledge of the deliberations said on Monday.
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U.S. to leave Opel choice to GM; Opel union protests

The Obama administration pledged on Monday to stay out of General Motors' choice of a buyer for its European Opel unit, while union leaders in Germany put more pressure on the U.S. automaker to make a decision.
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GM considers raising funding to keep Opel: sources

General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International with financing from the German government, sources with knowledge of the deliberations said on Monday.
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U.S. government to leave Opel choice to GM

The Obama administration pledged on Monday to stay out of General Motors Co's choice of a buyer for its Opel unit in Europe as German union leaders put more pressure on the U.S. automaker to make a decision.
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Merkel says GM decision on Opel urgently needed

German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was urgently needed for the carmaker's future.
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German politicians blast GM for delaying Opel deal

German politicians reacted angrily on Saturday to the failure of carmaker General Motors to choose a buyer for its German unit Opel, prompting an appeal to the United States government to help broker a solution.
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GM deal on Opel still possible: German minister

Carmaker General Motors should be able to agree on a buyer for its German unit Opel despite failing to make a decision on Friday, Germany's Economy Minister Karl-Theodor zu Guttenberg was quoted as saying on Saturday.
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GM board weighs Opel bids, takes no action

General Motors Co said on Friday its board had not picked a winning bidder for Opel after convening to discuss the automaker's options, leaving the fate of its German unit still uncertain after months of high-stakes negotiations.
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GM leans toward Magna for Opel deal: sources

General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.
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GM leans toward Magna for Opel deal -sources

General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.
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Clunker rebates to end on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
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U.S. to end clunker rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
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U.S. to end

The U.S. government said it will suspend its popular
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U.S. to end clunkers rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.

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