GENERAL MOTORS

GM to restore U.S. dealers after arbitration: sources

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General Motors Co will begin notifying some of its 1,160 U.S. dealers marked for shutdown that their franchises will be restored after congressionally mandated arbitration, two sources briefed on the matter said on Friday.

GM to restore US dealers after arbitration: sources

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General Motors Co will begin notifying some of its 1,160 U.S. dealers marked for shutdown that their franchises will be restored after congressionally mandated arbitration, two sources briefed on the matter said on Friday.
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GM Vice Chairman Lutz to retire on May 1

GM Vice Chairman Bob Lutz, an executive credited with bringing an urgency to the automaker's efforts to revamp its vehicle line-up and shake off negative consumer perceptions, will retire on May 1, General Motors Co said on Wednesday.
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GM sales up as industry wobbles

General Motors Co on Tuesday posted a nearly 12 percent gain in U.S. February sales, boosted by a doubling in sales to fleet operators and relatively strong demand for newer crossovers like the Chevy Equinox.
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GM considering 2 Hummer bids: report

General Motors Co is considering two offers for its Hummer brand after plans to sell it to China's Sichuan Tengzhong Heavy Industrial Machinery failed
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GM to shut down Hummer after China deal fizzles

General Motors Co will wind down its iconic but tarnished Hummer brand after Chinese regulators rejected a $150 million bid by an obscure Chinese machinery maker to buy the money-losing SUV line.
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GM to wind down Hummer after China sale fails

ral Motors Co will wind down its Hummer SUV line after failing to complete a deal to sell the brand to China's Sichuan Tengzhong Heavy Industrial Machinery, the automaker said on Wednesday.
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Tengzhong may buy Hummer via offshore vehicle

China's Tengzhong could use an offshore vehicle to buy General Motors' Hummer brand if it fails to win Chinese regulatory approval for the ambitious but controversial plan that has met with cooling government appetite.
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GM names Girsky vice chairman, Smith to retire

General Motors Co [GM.UL] said on Monday that Stephen Girsky, special adviser to Chief Executive Ed Whitacre, has been appointed vice chairman in charge of corporate strategy and business development.
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GM must raise share of Opel costs to get aid: paper

General Motors should raise its share of the reorganization costs for its European arm Opel in order to get state aid from Germany, Handelsblatt newspaper reported on Monday, citing German government sources.
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GM seeking more U.S. ethanol fueling stations

General Motors Co's growing output of vehicles capable of running on ethanol-gasoline blends won't help cut polluting emissions or U.S. dependence on foreign oil until a slim network of stations dispensing ethanol is greatly expanded, GM Vice Chairman Tom Stevens said.
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GM leads foreign charge to low-end China car market

Foreign automakers enjoying success in China may be gearing up to take on local players in the high-volume but competitive low-end market, following General Motors' recent roll-out of a model priced as low $8,300.
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Spyker gets financing to close Saab deal

Dutch sports car maker Spyker Cars on Monday said it has secured the financing to close its purchase of the Swedish auto brand Saab from General Motors, but still has not secured the funds for a required subsequent payment.
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With Volvo, China eyes M&A abroad to win at home

Once Li Shufu, head of China's Zhejiang Geely Holding Group, closes the deal to buy Ford Motor's Volvo unit for up to $2 billion, the sedate, safety-conscious Swedish brand may be in the running to replace the Audi A6 as Chinese state officials' car of choice.
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Ford, GM outsell recall-wracked Toyota

Ford Motor Co posted a 24 percent increase in U.S. sales for January and outsold Toyota Motor Corp as the Japanese automaker was sent reeling by a massive recall of some of its top-selling vehicles.

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