Tag: General Motors
GMAC stable after latest bailout
GMAC, the troubled former finance arm of General Motors, has been "stabilized" since the latest government bailout, a special US adviser told a congressional...
GM to end Hummer Brand
General Motors said it would end its celebrated and scorned Hummer brand of sport utility vehicles after a deal to sell the nameplate to...
GM to invest in fuel efficient engines
General Motors said it will announce a major investment in fuel efficient engines Thursday amid a broader expansion of its US operations following years...
Opel unveils turnaround plan, 8,300 jobs slashed
Around 8,300 jobs will be slashed in Europe, Opel boss Nick Reilly said on Tuesday, as he unveiled a long-awaited plan for the future...
NASA and GM Create Cutting Edge Robotic Technology
NASA and General Motors are working together to accelerate development of the next generation of robots and related technologies for use in the automotive...
Auto sales up – but not for Toyota
Several major automakers reported improved sales for January, with the notable exception of troubled Toyota Motor. Toyota said Tuesday that January sales fell 16% from...
GM’s plan to sell Hummer delayed
China's Sichuan Tengzhong Heavy Industrial Machinery said Monday it had agreed with General Motors to extend the deadline for a deal to acquire the...
GM to pay 1,000 dollars to Toyota owners
General Motors said Wednesday it would give owners of Toyota cars and trucks 1,000 dollars or free financing if they buy one of the...
Opel unions issue strike warning over factory closure
Unions at General Motors unit Opel on Tuesday warned widespread strike action is a possibility as they refused to accept a planned Belgian plant...
GM to invest $246m in electric motors
General Motors announced plans Tuesday to invest 246 million dollars to design and manufacture electric motors, saying the first were scheduled to debut in...