General-motors-corp - Latest Popular Stories, Instablogs Community

GM says board doesn't see bankruptcy as option

AP — Sat, 22 Nov 2008 18:05:55 +0000

General Motors Corp.’s board of directors does not consider bankruptcy protection a viable option to solve the company’s financial troubles, but it has discussed Chapter 11 because it has a legal duty to do so, a spokesman said...

GM to extend holiday shutdown, will cut production

AP — Fri, 21 Nov 2008 17:42:58 +0000

General Motors Corp. will extend its holiday shutdown or make other production cuts at five factories at as it deals with a continued U.S. auto sales slump and fights to stay...

GM to extend holiday shutdown, may cut production

AP — Fri, 21 Nov 2008 15:34:37 +0000

General Motors Corp. will extend its holiday shutdown or make other production cuts at up to 10 factories as it deals with a continued U.S. auto sales slump and fights to stay...

AP sources: GM to announce more production cuts

AP — Fri, 21 Nov 2008 14:24:34 +0000

General Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions.

GM to temporarily stop production at Thai plant

AP — Thu, 20 Nov 2008 10:21:46 +0000

Ailing U.S. automaker General Motors Corp. said Thursday it will stop production at its Thai plant for up to two months, joining other global vehicle manufacturers in cutting production as the global downturn hits...

SolarWorld offers $1.26B for Adam Opel's assets

AP — Wed, 19 Nov 2008 13:06:22 +0000

German solar energy company SolarWorld AG said Wednesday it plans to offer 1 billion euros ($1.26 billion) for some assets of car maker Adam Opel GmbH, the German subsidiary of General Motors Corp., through cash and...

SolarWorld offers euro1B for Adam Opel's assets

AP — Wed, 19 Nov 2008 11:40:47 +0000

German solar energy company SolarWorld AG said Wednesday it plans to offer euro1 billion for some assets of car maker Adam Opel GmbH, the German subsidiary of General Motors Corp., through cash and...

GM shows 3 new models for China

AP — Tue, 18 Nov 2008 07:55:32 +0000

General Motors Corp. put three new models for China on show Tuesday, maneuvering to keep its edge in a market vital to its future as it struggles for survival back...

GM to sell stake in Suzuki to raise cash

AP — Mon, 17 Nov 2008 08:37:42 +0000

Suzuki Motor Corp. says General Motors Corp. will sell its stake in the Japanese automaker for 22.37 billion yen, or $230 million, to raise cash.

Car maker Opel seeks help from German govt

AP — Fri, 14 Nov 2008 15:18:36 +0000

Automaker Adam Opel GmbH, which is owned by General Motors Corp., said Friday that it will seek loan guarantees from German authorities as the financial crisis grips European car...