WASHINGTON, Nov 18 - U.S. President Barack Obama underscored on Wednesday that his administration did not want to meddle in the decisions of General Motors and said he was pleased GM may repay government loans...
WASHINGTON, Nov 18 - U.S. President Barack Obama underscored on Wednesday that his administration did not want to meddle in the decisions of General Motors. Asked in a Fox News interview if he opposed the...
* Plan must reduce European output by 20-25 percent * Final deal expected within 3 weeks; no word on state aid LONDON, Nov 17 - U.S. carmaker General Motors could cut up to 10,000 jobs...
LONDON, Nov 17 - U.S. carmaker General Motors could cut between 9,000 and 10,000 jobs as part of a restructuring of its European operations, Nick Reilly, interim head of GM's European business, said on Tuesday....
European Union Industry Commissioner Guenter Verheugen will meet Monday with EU economy ministers and representatives from General Motors to discuss the future of GM unit Opel, a German newspaper reported. "The (EU executive) commission is strictly opposed to a race for subsidies" to finance the ...
WASHINGTON, Nov 16 - General Motors Co. will announce on Monday it plans to start repaying a $6.7 billion loan to the U.S. Treasury by year-end due to modest operating improvements, a source knowledgeable about...
2010 Saab 9-5 sedan US Saab Automobile AB dealers are running out of new cars as the Swedish sports-car maker Koenigsegg Group AB conserves cash and prepares for the release of a new model. Koenigsegg Group signed a deal to buy the troubled Saab brand from General Motors Co. in August. Saab has ...
US automaker General Motors Co. Friday repaid 200 million euros (about $297.6 million) in German government aid that kept its carmaker Adam Opel GmbH afloat this year, the company said. GM also said it will repay another 400 million euros (about 595 million US dollars by Nov. 30. The payment come...
BERLIN, Nov 12 - German Economy Minister Rainer Bruederle said on Thursday U.S. carmaker General Motors Co does not need state aid for its European unit Opel because the company can shoulder the cost of...
General Motors Co. will release its third-quarter results at 7 am November 16, giving the public its first financial report since it emerged from bankruptcy in July although the automaker is not a public company. GM's President and CEO Fritz Henderson will host a news conference from 8-9 am at th...