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With just a month left to check off an almost insurmountable list of restructuring moves, General Motors Corp.’s new CEO says it’s still possible that the company can finish everything and avoid following Chrysler into bankruptcy.
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Fiat Group SpA aims to take over General Motors Corp.’s main European unit without running up debt in a deal that could require billions of euros (dollars) in...
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AP, New York
A committee of General Motors Corp.’s bondholders has offered to take a 58-percent stake in the restructured automaker in exchange for their $27 billion in debt.
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AP, Warren
Individuals who hold General Motors Corp. bonds said Wednesday they want a better deal than the debt-for-equity swap the company is offering.
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AP, Detroit
General Motors Corp. says it will force 1,000 to 1,200 underperforming dealerships to close their doors as the automaker tries to thin dealer ranks to make the...
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Analysts are predicting General Motors Corp.’s effort to exchange $27 billion of its unsecured bond debt for equity is likely to fail, because it doesn’t...
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Stocks fluctuated Monday as the swine flu threatened the travel industry, but General Motors Corp. offered investors some relief with a restructuring plan.
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The swine flu gave Wall Street a brief scare Monday, but stocks regained stability as worries about the virus subsided and General Motors Corp. released a restructuring...
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AP, New York
The swine flu gave Wall Street a brief scare Monday, but stocks regained stability after General Motors Corp. released a restructuring plan that relieved investors.
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AP,
Two people familiar with the latest developments in General Motors Corp.’s restructuring plan say the automaker will announce Monday that it is eliminating its...
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The Treasury Department says it has provided General Motors Corp. with another $2 billion in federal loans as the giant automaker struggles to restructure.
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A Ford Motor Co. executive says the automaker expects to get the same deal as General Motors Corp. and Chrysler LLC if unions give more concessions to its rivals.
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Italian car company Fiat SpA and Canadian car parts maker Magna International Inc. are both interested in a stake of German carmaker Opel, a unit of General Motors...
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General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of...
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Two people briefed on the plan say General Motors Corp. will close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing...
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General Motors Corp. could get as much as $5 billion more in federal loans, while Chrysler LLC could get $500 million as they race against government-imposed deadlines...
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A federal report says the U.S. government will loan General Motors Corp. up to $5 billion more to make it through June 1, and Chrysler LLC could get up to $500 million...
made popular Apr 21 2009
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Auto autos Bailout Business Chrysler chrysler llc cuts Detroit GM GMAC New York North America sales street U.S. United Auto Workers United States wall Wall Street Washington
