GM may stick to a plan to cut costs at Opel by 30 percent after deciding to restructure the European subsidiary, said Bob Lutz, the GM executive set to be Opel's chairman. Agencies
Shanghai, November 4 (Gasgoo.com) "After 4 years' R&D, New Chevrolet Sail, the first own-brand vehicle of Shanghai GM, has completed the testing proceeding and is ready to be launched," Ding Lei, general manager of Shanghai GM has told the reporter from Xinhua News.
* Industry watchers puzzle over possible rebuff * New GM board led by industry outsider assertive DETROIT, Nov 4 - At the new GM, the buck now stops with the board. The surprise decision by...
* Chrysler unveils 5-year turnaround plan * GM scraps Opel sale, cites improving business conditions * Germany says "unacceptable"; Unions scrap savings deal * Nissan raises FY outlook after forecast-beating Q2 * Toyota quits F1...
* Shock GM decision announced day after Merkel met Obama * Merkel needs to win May 2010 vote in Opel state BERLIN, Nov 4 - General Motors' decision to keep its European unit Opel is...
WASHINGTON, Nov 4 - The White House turned aside questions on Wednesday about the reason that General Motors <GM.UL> decided not to sell Opel, saying that the auto company makes its own business decisions. "I'll...
WHITE HOUSE, WHEN ASKED ABOUT OPEL, SAYS GM DECISIONS MADE BY AUTO COMPANY, NOT BY OBAMA ADMINISTRATION...
* GM guns for 30 percent reduction in Opel fixed costs * European industry has overcapacity of up to 6 million units * Opel plus points include small cars, European footprint PARIS, Nov 4 -General...
* UAW wants GM, Chrysler IPO 'sooner rather than later' * VEBA trust lifespan in flux after auto bankruptcies DETROIT, Nov 3 - United Auto Workers President Ron Gettelfinger said on Tuesday the union would...
Shanghai, November 2 (Gasgoo.com) Shanghai OnStar Telematics Co. Ltd., a joint venture between General Motors, SAIC Group and Shanghai GM, has announced that OnStar services will be activated and fully operational in China in December 2009 one some Cadillac, Buick and Chevrolet vehicles, PRNewswire reported.