GENERAL MOTORS

General Motors Co sees limited sales of electric cars over the next five years and will ramp up output of its much-anticipated Volt plug-in cautiously, the automaker's vice-chairman said on Wednesday.

Not long ago, General Motors UM.UL as the biggest company in the United States could have attracted a legion of CEO candidates, but the automaker only looked within.

General Motors Co's management team was surprised and saddened by the sudden departure of Chief Executive Fritz Henderson this week, GM's Vice Chairman Bob Lutz said on Wednesday.

General Motors Co's management team was surprised and saddened by the sudden departure of Chief Executive Fritz Henderson this week, GM's Vice Chairman Bob Lutz said on Wednesday.

AutoNation Inc CEO Mike Jackson said he was surprised and concerned about the dismissal of Fritz Henderson as General Motors Co chief executive

General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided the automaker needed to push its restructuring faster under new leadership.

General Motors Chairman Ed Whitacre has been named the interim Chief Executive Officer of General Motors today, just after Fritz Henderson resigned from the company today.

General Motors Co's chief executive, Fritz Henderson, abruptly resigned on Tuesday, after the company's board decided it wanted to chart a new course for the restructuring automaker.

General Motors has signalled it is ready to contribute about 600 million euros ($904.3 million) of its own cash to restructure its Opel carmaking unit, German Economy Minister Rainer Bruederle said on Wednesday.

General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided the automaker needed to push its restructuring faster under new leadership.

General Motors Chief Executive Frederick Fritz Henderson stepped down at the request of the company's board of directors on Tuesday and will be replaced by current Chairman Ed Whitacre.

Corrects month that Henderson was named CEO of GM, paragraph 4

General Motors Co's board of directors, citing a need to chart a new course, dismissed Chief Executive Fritz Henderson on Tuesday, a person with direct knowledge of the proceedings said.

Corrects paragraph 4 to show Henderson was named CEO of GM in March instead of April

General Motors Co's board of directors fired Chief Executive Fritz Henderson on Tuesday, saying it wanted to chart a new course as the top U.S. automaker pushes ahead with its restructuring.

U.S. auto sales edged higher in November, led by an outsized gain for Hyundai Motor Co and mixed results for rivals in a trend automakers said pointed to a grudging recovery in the U.S. economy.

General Motors Co posted a 2.2 percent drop in U.S. sales in November from a year earlier, weighed down by brands it plans to divest or close, and said it would raise production in North America by about 75 percent in the first quarter.

General Motors Co said on Monday it delivered 151,427 vehicles in the United States in November.

Geely, the Chinese carmaker picked as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said on Tuesday.

Saab Automobile faced the threat of closure as the board of U.S. parent General Motors met on Tuesday to hammer out plans after a deal collapsed to sell the Swedish brand.

Major automakers are expected to report flat U.S. auto sales for November from a year ago -- another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.