American carmaker General Motors plans to invest $32 million in its Spring Hill plant and $33 million in Tonawanda Powertrain plant that will help together create or retain 163 jobs in the United States.
Just pages into his book, Damon Vickers gets going at warp speed, declaring that the United States is not a going concern.
General Motors Co said on Friday it would invest $65 million in existing engine plants in New York and Tennessee.
General Motors will invest $20 million in machinery and equipment for its Fairfax Assembly plant to add future technologies and improvements of the Buick LaCrosse including eAssist of a light electrification technology that will boost highway fuel economy by 25 percent over the current model.
General Motors Chief Executive Daniel Akerson assured the CEO of Opel that the U.S. carmaker was not in talks to sell the European arm to a rival, a German newspaper reported.
General Motors will invest $47 million in its Defiance Powertrain plant Ohio to purchase tooling and equipment to increase volume of components for the fuel-efficient Ecotec 1.4L engine.
General Motors Ventures LLC will invest $6 million in zero-emission commercial transit bus maker Proterra, the company said in a statement on Monday.
MTV Skins, the racy teen series, will not be aired anymore. The network pulled the plug on the racy teen series just shy of a second season, MTV confirmed on Thursday.
General Motors is considering putting Opel up for sale again as management loses confidence its European arm will return to profitability, two German magazines reported.
US car major Ford Motors is planning to invest 50 billion rupees to set up a three-lakh-cars-per-annum plant in Gujarat, according to various media outlets.
General Motors will invest $49 million to purchase tooling and equipment for the Bedford Powertrain plant and create 91 jobs, the carmaker said in a statement.
Politicians should not play chicken with the country's credit rating, but need to focus urgently on finding ways to reduce the rising budget deficit, according to the head of General Motors Co.
The shaky U.S. economy, facing stubbornly high unemployment and volatile oil prices, is one of the main worries facing General Motors Co, according to the head of the largest U.S. automaker.
General Motors will invest $130 million to build an enterprise data facility and add 25 high-tech jobs at its Technical Center campus in Warren, Michigan.
General Motors Co expects to sell 1.5 million vehicles a year in South America by 2015, up from 1.03 million last year, the head of the largest U.S. automaker's operations in the region said.
The top after-market NYSE gainers on Thursday are: Cascade Corp, Quiksilver, CVR Energy, CVR Energy, Bank of Montreal, Cooper Companies, Deutsche Bank AG, ProLogis, General Motors and Hypercom.
Car sales sputtered in May, slumping to levels that were much lower than expected as higher vehicle prices led consumers to put off purchases in the face of a weakening economy.
The Dow Jones Industrial Average and S&P 500 had their worst day of the year Wednesday, as the stock market was hit from multiple sides with troubling economic reports.
General Motors Co and Ford Motor Co reported slightly lower U.S. vehicle sales in May as broader economic weakness and higher vehicle prices prompted consumers to delay major car purchases.
General Motors Co on Wednesday reported a 9 percent rise in retail sales in May from a year earlier, but total sales including bulk fleet purchases fell 1 percent.
The outlook for China's car industry had turned to neutral from positive, weighed down by factors such as rising inflation and weaker consumer confidence, the top executive of SAIC Motor Corp <600104.SS> said on Friday.
General Motors will create 110 jobs and invest $331 million to purchase tooling and equipment and expand the Arlington Assembly Plant to make future Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades, the carmaker said on Thursday.