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.
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.
General Motors Co said it would temporarily idle its pick-up truck plant in Louisiana due to a parts shortage stemming from the crisis in Japan.
General Motors' (NYSE: GM) chief financial officer chief is quitting, reportedly after he was passed over for the CEO job.
General Motors is recalling 10,179 of its 2011 Buick LaCrosse sedans and Cadillac SRX crossovers because a software glitch could cause the defrosters to stop working.
Corrects closing share price and day of the week, paragraph 2
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.
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.
U.S. auto sales rose more than 20 percent in February as the lure of discounts from automakers led by General Motors Co (NYSE: GM) outweighed concerns about higher oil prices.
General Motors Co's sales in its home market surged by 46 percent in February as sales incentives including lease deals and cash offers for existing GM owners drove shoppers to dealerships.
Honda and Subaru still make the best vehicles overall, but Ford posted the largest gain in the past year, improving in its road-test and reliability scores, Consumer Reports said. Newer models such as the Flex SUV pumped up Ford's overall road-test score.
Flush from heady sales in the world's largest auto market, foreign car makers now see China as a launch pad for exports, with General Motors (GM.N) (GM) blazing the trail with shipments of its Chevy Sail.
General Motors Co's mostly electric Chevy Volt turned in a lackluster performance for efficiency in its first series of road tests by product raters at Consumer Reports.
Trading in the shares of SAIC Motor Corp, China's top car maker, will remain suspended for another five working days from Monday, the company said in a filing with the Shanghai Stock Exchange on Friday.
Shares of General Motors (NYSE: GM), despite having delivered its first profitable year of operations since 2004.
The following is a transcript of a nearly 20 minute conversation on February 22, 2011 between Ian Murphy, a columnist for the website known as The Buffalo Beast, and Wisconsin Gov. Scott Walker. Murphy was posing as conservative activist David Koch.
The head of General Motors Co's (GM.N) Brazilian unit, Denise Johnson, has stepped down after just eight months on the job, the company said. Johnson's resignation, announced on Tuesday, comes amid a decline in GM's market share in Brazil.
General Motors Co (GM.N) will launch a new system to stream online radio from Pandora in upcoming Chevrolets starting with the Volt and Equinox. The new partnership comes as the top U.S. automaker looks to make up for lost ground against Ford Motor Co (F.N) in the increasingly competitive market for digital entertainment systems in vehicles.
Automakers in China shipped 16.2 percent more cars to dealers in January as they moved aggressively to replenish inventories that were nearly depleted after explosive sales in December.
Honda Civic GX has been named the greenest vehicle of 2011, while Chevrolet Volt slipped to the last spot, according to Washington-based American Council for an Energy Efficient Economy.
General Motors Co (GM.N) will pay its 45,000 hourly workers in the United States a bonus of at least $4,000 each, the automaker said on Monday. The average employee payout will be finalized by the end of February. The payments will be doled out on March 25, a company spokeswoman said.
GM plans introduce more than 20 new and upgraded models over the next two years in China, saying the country plays an important role in the automaker's global strategy.
