GM cuts 2,000 US jobs as production slashed
General Motors announced plans Monday to cut 2,000 jobs at two US plants as it slashes production in the wake of a sharp drop...
GM halts development of trucks and SUVs
General Motors Corp. said Thursday it was halting development of its next-generation pickup trucks and sport utility vehicles amid soaring gasoline prices.
"We are delaying...
VW One Step Closer To World Domination; Takes Chinese Third Quarter Sales
Volkswagen has made no secret that it wants to become the number automaker world-wide, and it has gained one more notch in its belt...
GM May Move to Aluminum for New Trucks and SUVs
Well isn’t this quite interesting? Not long after releasing a series of videos talking about how great it is to use steel in their...
GM unveils new management shakeup
General Motors unveiled a new management shakeup Friday that gives one of the company's pillars, Bob Lutz, a new role in the government-backed automaker...
US Treasury sold nearly $900M in GM stock last month
The Detroit News reports that the U.S. Treasury Department sold nearly $900 million in General Motors stock in July 2013.
The US government is moving...
Union approves historic pact with GM
Unionized workers at General Motors approved a new contract aimed at...
GM loses $15.5 bln in second quarter
General Motors posted Friday a whopping 15.5-billion-dollar net loss in the second quarter as the US auto giant took hefty restructuring charges and US...
GM to offer plug-in hybrids as soon as 2010
General Motors Corp. plans to be the first automaker to offer...
GM plans to buy back preferred stock from UAW retiree trust
General Motors plans to pay $3 billion to buy back nearly half of the preferred stock owned by the UAW Retiree Medical Benefits Trust,...
