DETROIT, July 10 - Toyota Motor Corp said on Friday it would consider liquidating its stake in a California-based joint venture with General Motors Corp after the U.S. automaker pulled out of the venture. Toyota...
July 10 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday. ** General Motors Corp signed a deal to sell its best assets...
Shanghai General Motors Co Ltd (Shanghai GM), General Motor Corp's passenger car venture with Shanghai Automotive Industry Corp (SAIC), has raised its full-year sales target for 2009 to 580,000 units from the previous 500,000 units, the Shanghai Securities News reported. The first-half sales results were...
NEW YORK, July 10 - General Motors Corp signed a deal on Friday to sell its best assets to a new company that will be majority-owned by the U.S. government, essentially taking the vast majority...
General Motors Corp Wednesday said it now expects its sales in China to grow by more than 20% in 2009, an optimistic increase from the projection of 5% to 10% announced in April, said GM China CEO Kevin Wale, Reuters reported. The CEO said in an interview with Reuters that the Chinese automobile...
NEW YORK/DETROIT, July 9 - General Motors Corp prepared to announce its exit from bankruptcy on Friday after a 40-day reorganization under U.S. government backing that wiped away most of the debt and recurring costs...
NEW YORK/DETROIT, July 9 - A U.S. District Court judge on Thursday denied a request by a committee of asbestos personal injury claimants to delay the sale of General Motors Corp pending its appeal. Judge...
NEW YORK, July 9 - The Obama administration's dash through the bankruptcies for General Motors Corp and Chrysler is nearly done, but the debate about the government's conflicted role in reshaping the American auto industry...
Beijing Automotive Industry Holdings Co Ltd (BAIC), one of China's major auto producers, has submitted a proposal to General Motors Corp to buy a 51% stake in Opel, proposing an investment of US$2.25 billion in Opel's China operations to boost its production capacity to 485,000 by 2015, Dow Jones Newswires...
NEW YORK, July 7 - A group of individuals that claim they were harmed by General Motors Corp vehicles are seeking to take their appeal of the automaker's asset sale directly to a U.S. federal...