SAN FRANCISCO, June 23 - General Motors Corp will do the "heavy lifting" to help meet the ambitious goal set by President Barack Obama of having one million plug-in hybrid and electric vehicles on U.S....
* Group of small bondholders object to GM's sale * Say were excluded from process * Seek expedited reorganization plan, not fast-track sale NEW YORK, June 19 - A small group of General Motors Corp...
DETROIT, June 18 - The United Auto Workers union named veteran auto analyst and union advisor Steve Girsky to the board of General Motors Corp. Girsky will represent the GM retiree healthcare trust fund, dubbed...
Shanghai, June 17 (Gasgoo.com) Many reasons are behind the free fall of General Motors Corp. (GM), which had put it on a slippery slope from being the world's top automaker for 77 straight years to filing for bankruptcy protection. The epiphany to China's auto industry can give multiple lessons, said Chinese media juggernaut People's Daily online.
Sichuan Tengzhong Heavy Industrial Machinery Co Ltd, the Chinese machinery company that reached a preliminary deal with General Motors Corp (GM) to take over its Hummer brand, will likely close the deal by the third quarter of this year, said the firm's general manager, Yang Yi, Reuters reported....
WASHINGTON, June 12 - General Motors Corp will cut its senior executive pension plans by up to two-thirds as part of its bankruptcy restructuring, the company's chief executive told a U.S. House Energy and Commerce...
WASHINGTON, June 12 - More than 95 percent of eligible General Motors Corp <GMGMQ.PK> dealers have signed on or verbally agreed to participate in the new company, chief executive Fritz Henderson said on Friday. In...
Lumena Resources Corp, China's second-largest thenardite producer, said on Wednesday its chairman and controlling shareholder Suo Lang Duo Ji may join in Sichuan Tengzhong Heavy Industrial Machinery Co Ltd's proposed acquisition of General Motor Corp's Hummer unit, Reuters reported....
NEW YORK, June 10 - A U.S. bankruptcy judge on Wednesday gave U.S. auto parts supplier Delphi Corp preliminary approval to access $250 million in funding from General Motors Corp that is expected to fund...
* Kresa to continue to serve as interim chairman * Selection process underway for four more directors * GM says to have total of 13 board members DETROIT, June 9 - General Motors Corp said...