GENERAL MOTORS

Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S. midterm congressional elections.

U.S. automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S. midterm congressional elections, two sources familiar with the plans said on Wednesday.

General Motors expects competitive pricing for its electric Chevrolet Volt in China as it hopes to gain a foothold in China's fledgling environmentally friendly car industry with the highly anticipated car.

General Motors Co will pay a spread of 400 basis points over the London Interbank Offered Rate, or LIBOR, if it draws on its $5 billion revolving credit facility in the first three months

Two of China's top automakers posted forecast-beating earnings on Wednesday but will struggle to match that performance amid a murky outlook for the world's biggest auto market.

Russia's car market is emerging fast from the crisis as cheap loans return and consumer confidence grows, leading auto makers said on Wednesday as they delivered upbeat forecast for sales growth this year.

Mutual funds and other large stockholders may rebalance auto sector holdings after General Motors Co's initial public offering, but day-to-day stock prices are not the main measure of Ford Motor Co's turnaround

J.D. Power and Associates cut its U.S. auto sales forecasts for the remainder of 2010 and 2011 as it expects a slow economic recovery

General Motors Co took a big step toward repaying a controversial taxpayer-funded bailout by declaring plans for a landmark stock offering that represents a critical test for the Obama administration.

General Motors and China's SAIC Motor Corp deepened their ties to include the joint development of small engines and transmissions as the U.S. automaker seeks to draw on the allure of the fast-growing China market ahead of a highly anticipated IPO.

General Motors Co will recall more than 243,000 model year 2009/2010 crossover sport utilities, mainly in the United States, to inspect safety belts for possible damage.

General Motors Co will list its shares on the New York Stock Exchange and Toronto Stock Exchange after its initial public offering, a source familiar with the matter said on Wednesday.

General Motors Co is considering selling a chunk of the carmaker's stock to institutions who would commit to buy and hold major stakes as the company prepares for its initial public offering, people familiar with the discussions said on Monday.

General Motors Co has completed the paperwork for an initial public offering, and timing of its filing with the U.S. securities regulators rests with the board of the top U.S. automaker, sources familiar with the process said on Monday.

General Motors Co has completed the paperwork for an initial public offering and timing of its filing with the U.S. securities regulators now rests with the board of the top U.S. automaker, a source familiar with the situation said on Monday.

General Motors Co has added Bank of America Merrill Lynch and Citigroup Inc to the slate of its lead underwriters for its initial public offering

General Motors Co has completed the paperwork for an initial public offering and timing of its filing with the U.S. securities regulators now rests with the board of the top U.S. automaker, a source familiar with the situation said on Monday.

Jim Rogers speaks to IBTimes about the Chinese economy, the yuan policy, and the demise of General Motors.

General Motors Co may delay its filing for an initial public offering to early next week from the initial target date of Friday after the unexpected departure of Chief Executive Ed Whitacre

General Motors Chief Executive Ed Whitacre announced on Thursday that he would step down as CEO effective September 1 and would be replaced by Dan Akerson, a GM board member.

General Motors Co posted its biggest quarterly profit in six years on Thursday and CEO Ed Whitacre stepped aside on the cusp of an IPO expected to allow the U.S. government to relinquish its majority stake.