General Motors reversed course late Tuesday on its long-expected sale of European unit Opel to a group led by Canadian auto supplier Magna International Inc <MGA.TO>. GM said it will present a restructuring plan, expected...
China's largest automaker SAIC Motor group may take a passive stake in Saab Automobile by teaming with luxury sportscar maker Koenigsegg, a source with knowledge of the situation said Tuesday. SAIC, a General Motors' China partner, is interested in buying into the US automaker's Swedish unit, but...
* Shoppers can 'click and buy' new vehicles online * To roll out nationwide if California pilot succeeds (Adds executive comments, background on GM market share, byline) DETROIT, Aug 10 - General Motors Co and...
DETROIT, July 10 - A new General Motors emerged from bankruptcy on Friday, 40 days after it filed for...
DETROIT, July 10 - A new General Motors <GMGMQ.PK> emerged from bankruptcy on Friday, 40 days after it filed...
NEW YORK, June 29 - General Motors Corp is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a "New GM" in a plan to reinvigorate the automaker under U.S....
By Shi Jierui Great Wall Motor Co. has only sold 14 vehicles to Russia so far this year, according to Xinhua. Zhang Xinguang, general manager of Great Wall Motor's Russia unit, said Russia raised duties on imports, and that made the semi-knockdown or SKD process not applicable any more. SKD proce...
DETROIT, June 1 - General Motors Corp filed for Chapter 11 bankruptcy protection in New York on Monday. The following is the list of the largest trade creditors: Name of creditor Amount of claim Starcom...
DETROIT, May 31 - The Obama administration announced on Sunday that General Motors Corp <GM.N> will file for bankruptcy on Monday in New York after concessions from the union and bondholders cleared the way for...
WASHINGTON, May 31 - Even if General Motors Corp and Chrysler LLC emerge swiftly from bankruptcy this summer, the Obama administration's autos task force will stay in business -- shifting to an investment manager role....