GENERAL MOTORS

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Spyker Cars renews offer for GM's Saab

Dutch luxury carmarker Spyker Cars NV submitted a new offer to fast-track a buyout of Saab from General Motors, two days after last-ditch talks to rescue the Swedish manufacturer collapsed.
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GM to wind down Saab, talks with Spyker fail

General Motors Co will wind down operations at Saab, its money-losing Swedish unit, after a last-ditch attempt to sell it to small Dutch luxury carmaker Spyker Cars failed, the automaker said on Friday.
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GM to repay government debt by June, new CEO says

General Motors Co plans to repay roughly $8 billion in debt to the United States and Canada by June, a faster payback of the first portion of its bailout than the automaker previously committed to make.
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Spyker sole remaining bidder for Saab: Whitacre

General Motors Co Chairman and acting Chief Executive Ed Whitacre said on Tuesday luxury car maker Spyker is the only remaining party with which GM is negotiating for the sale of its Saab brand.
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Spyker still in Saab talks, BAIC signs asset deal

Sports-car maker Spyker is still in talks to buy Saab, the Dutch company's top executive said on Sunday after a report China's BAIC had agreed with General Motors to buy some of the Swedish company's assets.
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Buick head leaves as shakeup at GM continues

The head of GM's Buick and GMC brands has resigned after only nine days on the job in a continuing shakeup of the automaker's top ranks under Chairman and Chief Executive Ed Whitacre.
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Volkswagen buys $2.5 billion Suzuki stake

Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.
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VW buys $2.5 billion Suzuki stake

Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.
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Small car rush may create U.S. oversupply

A new lineup of small cars slated for showrooms next year may create an oversupply of compact vehicles in the U.S. market at a time when gas prices remain stable, an industry forecasting firm said on Tuesday.
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GM board moving fast on CEO, CFO hires

The board of General Motors Co will get an update on the search for a new chief executive by next month as a recruiting firm compiles a short list of candidates, a person familiar with the process said.
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GM search for new CFO has narrowed -CEO

General Motors Co has been searching for a new chief financial officer and may have a replacement for CFO Ray Young within weeks, GM's Chairman and acting Chief Executive Ed Whitacre said on Tuesday.
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Saab hopeful can find buyer, avoid BAIC carve-up

Saab remains optimistic a buyer can be found for the whole company in the face of indications its owner, General Motors Co, is talking to China's BAIC about a partial sale of assets tied to the Swedish brand.
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GM in talks on partial Saab sale to BAIC: sources

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.
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GM in talks on partial Saab sale to BAIC-sources

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.
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GM taps Spencer Stuart to conduct CEO search -WSJ

General Motors Co has tapped recruiting firm Spencer Stuart to find a permanent chief executive with extensive global, manufacturing and turnaround experience, The Wall Street Journal reported on Sunday, citing people familiar with the matter.
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GM taps Spencer Stuart to conduct CEO search : report

General Motors Co has tapped recruiting firm Spencer Stuart to find a permanent chief executive with extensive global, manufacturing and turnaround experience, The Wall Street Journal reported on Sunday, citing people familiar with the matter.
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In break with past, no more passing the buck at Opel

The new head of Opel promised investments in new models and pledged to put an end to business as usual at the General Motors brand -- addressing two key grievances by unions when he outlined his turnaround plan this weekend.
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GM exec expects Germany to contribute Opel aid

General Motors will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the U.S. carmaker said it remains confident Berlin will soften its current stance.
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Update: GM, Suzuki dissolve Canada joint venture

General Motors and Suzuki Motor Corp have agreed to dissolve their vehicle manufacturing joint venture in Canada, with GM buying Suzuki's stake in the operation, the companies said on Friday.

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