GM to drop two corporate jets
General Motors is dropping two of its five corporate jets but has no plans to fly its senior executives commercially despite sharp criticism of...
Troubled GM says it is profitable in China
Troubled General Motors said Wednesday that it was making money in China and was continuing its investments in the large Asian market. "We are continuing...
Financial crisis closes in on GM
The global financial crisis closed in on two more victims Tuesday after General Motors said it would need a government rescue and major US...
GM needs federal aid in coming weeks
General Motors is in such dire financial straits that it needs to line up a federal aid package before president-elect Barack Obama takes office...
GM shares plunge after analyst sees them hitting zero
General Motors shares plunged more than 30 percent Monday after an analyst forecast their price would fall to zero, saying that even if there...
GM warns of cash crunch, appeals for bailout
General Motors, the biggest US-automaker, warned Friday that it would run out of cash in the first half of next year and appealed to...
Troubled GM to cut salaried jobs in US
Troubled US automaker General Motors is planning to cut white-collar jobs in the United States because of rising financial problems, a source close to...
GM production suspension could hit all European plants
US auto giant General Motors, owner of the German brand Opel, might extend work suspensions to all its European plants for several weeks, a...
GMAC Tightens the Auto-Finance Screws
The Federal Reserve and U.S. Treasury may be moving to buttress America's banks and keep the loans flowing. But General Motors Acceptance Corp., the...
GM brings forward SUV factory closure
General Motors said Monday it would bring forward the closure of a US factory producing SUVs, reflecting declining demand for the large, gas-guzzling vehicles. "This...
