No GM public offering before October
The US Treasury Department said Thursday there would be no initial public offering of government-rescued automaker General Motors before October.
"Exact timing of the offering...
General Motors files for its long-awaited IPO
General Motors filed for what could be the 2nd largest American Initial Public Offering ever resulting in a reduce stake of the US Govt.
According...
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 expand brake override systems to most vehicles
General Motors said on Monday it will install brake override systems on nearly all of its vehicles by 2012 in a move aimed at...
House and Senate committees probe General Motors recall
The House Energy and Commerce Committee will hold a hearing on General Motors’ recall of 1.6 million vehicles linked to 13 deaths and 31...
Forbes Writer Says GM Has To Rethink Its Strategy
The news that Toyota has finally passed General Motors in global sales is about as surprising as John McCain finally announcing he's running for...
GM's US sales plummet 49 percent
General Motors suffered a 49 percent year-to-year slump in US sales in January in a market driven by consumer fear of a deepening recession,...
GM, Chrysler set for more buyouts
General Motors sources said Monday the troubled auto giant is planning a new buyout program to further reduce the size of its blue-collar workforce.
The...
GM Invests $145 Million for Small Cars at Orion Assembly
General Motors will invest $145 million at the Orion Assembly Center, GM North American President Mark Reuss said today. Orion will be the home...
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...
