General Motors Co said on Tuesday it is increasing production in North America for the second half of 2009 after a surge in sales ignited by the U.S. government's
General Motors Co said on Tuesday it is increasing production in North America for the second half of 2009 after a surge in sales ignited by the U.S. government's Cash for Clunkers incentives program.
General Motors signed a deal on Tuesday to sell its Saab car business to a tiny Swedish luxury carmaker, the first in a series of big sales the U.S. group is planning as it slims down.
General Motors Co [GM.UL] is stepping up production at car plants in Michigan and Ohio, Bloomberg said, citing people familiar with the matter.
Sweden's Koenigsegg and U.S.-based General Motors said on Tuesday they had inked a deal for the niche sports car maker to buy loss-making Saab Automobile.
General Motors and the German government played down hopes on Friday of a quick decision on the sale of the carmaker's Opel unit, and Berlin reiterated its support for Canadian bidder Magna .
General Motors Co said on Thursday it would invest $43 million to create a plant in Michigan where it will build lithium-ion battery packs for its Chevrolet Volt and other electric vehicles.
General Motors' top negotiator for the sale of its European business took issue on Friday with assertions that Opel suitor Magna had struck a deal in principle on a contract for the deal.
The federal government in Berlin and the states where Opel has plants are only prepared to offer financing aid if Canada's Magna wins the battle for the carmaker, a senior ally of German Chancellor Angela Merkel said.
Ford Motor Co said on Thursday it was increasing production after a surge in sales ignited by the U.S. Cash for Clunkers program.
Ford Motor Co (F.N) said on Thursday it will increase production over the rest of the year after a surge in sales triggered by the U.S. government's
Magna and its Russian partner Sberbank have reached an agreement in principle with General Motors management over a contract to buy 55 percent of GM's European unit Opel, Magna's co-CEO Siegfried Wolf told Reuters on Thursday.
Ford Motor Co said on Thursday it will increase production over the rest of the year after a surge in sales triggered by the U.S. government's Cash for Clunkers sales incentive program.
Ford Motor Co said on Thursday it is increasing production over the rest of the year to meet increased demand spurred by the U.S. government's Cash for Clunkers sales incentive program.
Magna and its Russian partner Sberbank have reached an agreement with the management of General Motors to acquire a 55 percent stake in GM's European unit Opel, Magna Co-Chief Executive Siegfried Wolf told Reuters on Thursday.
Belgian-based RHJ International is set to sweeten its offer for General Motors' European business in its race with Canadian rival Magna to buy Opel, sources close to the situation said on Wednesday.
Belgian-based RHJ International is set to sweeten its offer for General Motors' European business in its race with Canadian rival Magna to buy Opel, sources close to the situation said on Wednesday.
General Motors Co GM.UL plans to increase its advertising budget for the rest of 2009 and 2010 to challenge consumer perceptions on quality and fuel economy that the automaker believes are out of line with improvements in its vehicle line-up.
Red hot auto sales under the U.S. government's
Red hot auto sales under the U.S. government's cash for clunkers incentive began to cool as dealer inventories tightened and showroom traffic showed signs of leveling off from its frantic pace of a week ago.
Red hot auto sales under the U.S. government's cash for clunkers incentive began to cool as dealer inventories tightened and showroom traffic showed signs of leveling off from its frantic pace of a week ago.
General Motors Co GM.UL has no intention of reopening the sale process for its European Opel operations and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible.
