GENERAL MOTORS

April auto sales seen up but quake effects loom

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U.S. auto sales are expected to show a 16 percent increase for April, as the sales crunch dealt by the Japanese earthquake and tsunami is not expected to show up in new auto purchases until May, automakers and analysts said.
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GM to invest $100 million in New York parts plant

General Motors Co said on Tuesday it will invest $100 million in a New York parts plant that the company and union officials say was kept from closing because workers there agreed to second-tier wage levels designed to keep U.S. automakers competitive.
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GM March U.S. sales come in below expectations

General Motors Co U.S. sales in March came in below expectations on Friday as the automaker eased off the generous incentives it offered car buyers over the first two months of the year.
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Auto union membership up first time in 6 years

United Auto Workers membership rose for the first time in six years in 2010, helped by a recovering U.S. auto industry and expanding to include workers outside that industry, the UAW said in a federal filing on Thursday.
Level 3 To buy Global Crossing

GM Financial To Buy Canada's FinanciaLinx

General Motors Financial Co. Inc., a unit of automaker General Motors Co. (NYSE:GM), said it agreed to acquire FinanciaLinx Corp. to expand its product offerings in Canada.
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GM expects robust Cruze sales due to converts

General Motors Co said on Wednesday its Chevrolet Cruze small car was on track to exceed 50,000 U.S. sales in the first quarter, aided by demand in markets usually dominated by imports.
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UAW vying for new GM products in contract talks

The United Auto Workers will seek a commitment from General Motors Co to build new products at two idled plants in Tennessee and Wisconsin in upcoming contract negotiations, a top union official said.
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Japan lost autos output to hit 338,000 Friday: IHS

Japan automakers in the first two weeks after the March 11 earthquake and tsunami will lose about 65 percent in light vehicle production, industry consultant IHS Automotive Insight said Monday in a report.
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GM curtails spending, travel on Japan crisis

General Motors Co has suspended all nonessential spending and global travel while the automaker assesses the impact of the crisis in Japan on the company, a GM spokesman said on Saturday.
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GM to assess Japan parts problems in two weeks: CEO

General Motors Co will only learn the impact of Japan's earthquake and nuclear crisis on its supply chain within a week or two, Chief Executive Daniel Akerson said on Friday, as shortages of components and other supplies deepen.
Chris Liddle

GM’s CFO unexpectedly resigns

General Motors' (NYSE: GM) chief financial officer chief is quitting, reportedly after he was passed over for the CEO job.
General Motors

U.S. judge to approve plan that pays GM creditors

A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.
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Judge to approve plan that pays GM creditors

A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.

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