GENERAL MOTORS

U.S. Budget Deficit: Five Things You Didn?t Know

At Issue: U.S. Budget
The recent federal budget fight between the Democrats and Republicans over the debt ceiling, true to form, yielded "more heat than light," once again, regarding the true sources of the budget deficit. Therefore, without further adieu, sans the rhetoric, here are five things you didn't know about the budget deficit.
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GM CEO reiterates Opel not for sale: report

General Motors Co Chief Executive Dan Akerson told a German newspaper that Opel can be successful with its new cost structure, and reiterated the European brand was not for sale.
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Brazil auto market picks up again in July

Automobile production in Brazil rose 3.9 percent BRAOPM=ECI and sales increased 0.6 percent BRASLM=ECI in July from June, the national automakers' association said on Thursday.
A GM sign is seen outside the Medved General Motors car dealership in Arvada, Colorado

GM Profit Nearly Doubles on Stronger Pricing

General Motors Co.'s quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles.
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Ford to build billion dollar plant in India

Ford Motor Co said on Thursday said it plans to invest $1 billion to build a factory in western India, doubling its investment in the country as the U.S. carmaker seeks to gain a greater share in the second-fastest growing auto market in the world.
UAW Contract Talks

Ford's Near-Term Future Riding on UAW Talks

Ford's near-term success is riding on getting a new UAW contract that controls labor costs for the next four years. If Ford is successful, the company's costs paid for debt will improve with a credit rating upgrade.
Nissan says aims to nearly double China sales by 2015

Nissan says aims to nearly double China sales by 2015

Nissan Motor , the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.3 million vehicles by the end of 2015, the company said on Tuesday, as it accelerates its expansion in the world's largest auto market.
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Automakers gun for healthcare savings in UAW talks

Worried about its rising healthcare costs, General Motors Co tried several years ago to buy a bar adjacent to its Janesville, Wisconsin assembly plant so it could eliminate a source of junk food and alcohol.
UAW, Chrysler Begin Contract Talks

UAW Contract Talks Begin: Will Union Get Previous Concessions Back?

The UAW has started contract talks with Chrysler. The labor union says it wants some previous concessions back. But management at Detroit's Big Three wants to avoid costly mistakes of the past. The companies want to reduce labor costs rather than give wage increases.
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UAW says transplant deal possible in 2011

The United Auto Workers is talking with a lot of foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
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UAW talking to a lot of foreign carmakers

The United Auto Workers is talking with several foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
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GM will not add products solely to cut UAW deal

General Motors Co will not make any product commitments solely to achieve a deal with the United Auto Workers union in upcoming contract talks, the automaker's top labor executive said on Monday.

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