Latest General Motors Corp. Stories
Auto dealership owner Roger Penske will purchase the Saturn brand from bankrupt US automaker General Motors Corp., GM said on Friday.
Bankruptcies at US automakers Chrysler and General Motors Corp will likely cost former executives at least part of their pension plans, the companies said.
Sales of passenger cars and light trucks in the U.S. market dropped 33.7 percent in May compared with a year ago, Autodata Corp. reported Wednesday. U.S. vehicle sales a year ago stood at 1,397,033. In May, with Chrysler LLC in bankruptcy and General Motors Corp.
Markets in Asia turned higher Wednesday, but European markets struggled to break even after a U.S. stock market rally faded in New York Tuesday. It's hard to know which market is leading and which market is following, but recent activity in the United States has left little doubt that U.S.
Industrial Machinery Company To Invest in Growth and Global Expansion of Premium Off-Road Vehicle Brand; Deal is Expected to Secure Over 3,000 U.S. Jobs DETROIT and SICHUAN, China, June 2 /PRNewswire/ -- Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd (Tengzhong) and General Motors Corp.
Michigan municipalities are bracing for plant closings expected in the wake of General Motors Corp.'s bankruptcy filing, city and town officials said. Along with 8,900 individual jobs lost in the state, tax revenues will decline sharply and the call for social services should rise as part of the fallout that only counts GM-owned facilities, The Detroit News reported Tuesday.
Bankrupt US auto giant General Motors Corp signed a deal to sell its Hummer brand to a Chinese buyer, a source in touch with the Chinese government said.
Ford Motor Co. said Tuesday it would increase U.S.
The impact of General Motors Corp filing for bankruptcy could affect parts suppliers, state budgets and even homeowners, economists said.
The U.S. government is pushing for a surgical bankruptcy for General Motors Corp. with an emergence from court by July 10, court documents show. Bankruptcy Judge Robert Gerber in New York Monday granted General Motors Corp.
General Motors Company (GM) is an American automobile manufacturer located in Detroit Michigan. They also control multinational manufacturers around the globe. They design, produce, market and distribute vehicles and parts, as well as selling financial services. GM has ten brands of vehicles produced in 37 countries. They include, Chevrolet, Buick, GMC, Cadillac, Opel, Holden, Vauxhall, Wuling, Baojun, Jie, Fang and UZDaewoo. GM does business with 157 different countries and employees...
- In Roman antiquity, the return of a person who had been banished, or taken prisoner by an enemy, to his old condition and former privileges.
- In international law, that right by virtue of which persons and things taken by an enemy in war are restored to their former status when coming again under the power of the nation to which they belonged.