GM Recalling 1.5 Million Vehicles Due to Fire Concerns
General Motors said Tuesday it was recalling about 1.5 million vehicles worldwide to address a problem with a heated windshield wiper fluid system that could cause a fire. Click here to read the full story
Read more..GM roars back to profit, but can it repay gov’t?
DETROIT (AP) — In less than a year, General Motors Co. has roared back from bankruptcy to a quarterly profit. Now comes the hard part: Sustaining the income and repaying billions of dollars in government aid…. Click here to read the full story
Read more..Ford Outsells GM in February; Toyota Sales Fall on Recall
Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as it grabbed sales from struggling Toyota. Click here to read the full story
Read more..GM to end Hummer after sale to Chinese buyer fails
DETROIT (AP) — General Motors Co. said Wednesday it will shut down Hummer after its bid to sell the brand to a Chinese company collapsed…. Click here to read the full story
Read more..GM Exec: Beijing Approval for Hummer Deal Uncertain
The head of General Motors China operations said on Wednesday that GM is still awaiting Beijing’s approval for a deal to sell Hummer and that he is uncertain of the outcome. Click here to read the full story
Read more..Dutch Carmaker Spyker Sweetens Bid for Saab
Dutch luxury carmaker Spyker submitted an improved bid for Sweden’s Saab to General Motors on Thursday, just ahead of a key deadline that could prompt closure of the brand. Click here to read the full story
Read more..GM Reviewing Offers for Saab, Including One From Spyker
General Motors said Sunday it would evaluate several new expressions of interest for its Swedish unit Saab, including a fast-track bid from thwarted Dutch suitor Spyker Cars. Click here to read the full story
Read more..Beijing Auto Hints Interest in GM’s Saab Unit
Beijing Automotive Industry Holding Corp (BAIC) might still be interested in buying General Motors’ Saab unit, the Chinese car company’s general manager said on Monday. Click here to read the full story
Read more..GM’s Agreement to Sell Saab To Swedish Firm Falls Apart
General Motors’ agreement to sell its Saab Automobile unit to a Swedish car maker has fallen apart, CNBC has learned, raising questions about Saab’s ability to survive. Click here to read the full story
Read more..GM Says 10,000 Jobs Could Go in European Shake-Up
U.S. carmaker General Motors could cut between 9,000 and 10,000 jobs as part of its restructuring of its European operations, Nick Reilly, interim head of GM’s European business, said on Tuesday. Click here to read the full story
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