Tag: general motors
Delphi wins approval to exit bankruptcy
Delphi, the former auto parts arm of General Motors, said Thursday a judge approved its plan to exit bankruptcy protection and that it expects...
Toyota US sales could top GM, but will lose money
Toyota expects to lose money in North America even as it prepares to sell more cars in the United States than a restructured General...
Germany, Russia work together for Opel
Germany and Russia are "working together for the future of Opel" the carmaker, Chancellor Angela Merkel said Thursday after she met with Russian President...
Humvee still made in America
The military's High Mobility Multipurpose Wheeled Vehicle, also known as a "HMMWV" or a "Humvee," will continue to be made in the United States,...
GM sells Hummer brand to Chinese firm
General Motors, fresh from filing for bankruptcy protection, reached a deal to sell its Hummer brand to a Chinese industrial machinery firm, Sichuan Tengzhong,...
GM, Citi make way for Cisco, Travelers in Dow
Bankrupt General Motors will be replaced by networking giant Cisco Systems in the Dow Jones industrials index and ailing bank Citigroup will make way...
GM files for bankruptcy
General Motors filed for bankruptcy protection Monday, culminating the collapse of the automaker that once symbolized American global industrial might. The filing in the same...
GM bondholders ‘approve debt restructuring deal’
Ailing General Motors moved closer Sunday to its expected bankruptcy filing as company bondholders approved a government-sponsored debt for equity deal, The New York...
GM reaches cost-cutting deal with Canadian union
The Canadian Auto Workers union reached agreement with General Motors to reduce labor costs, paving the way for authorities to further fund the ailing...
Saab Confident It Will Get More Time To Restructure
Saab Automobile AB, put up for sale by owner General Motors Corp. (GM), is confident a Swedish court will give it more time to...