General Motors Co's [GM.UL] bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
The German trust set up to oversee Opel said it saw no reason to reopen the carmaker's sale despite EU concerns that Germany's promises of state aid had skewed the bidding process.
The German trust set up to oversee Opel said on Monday it saw no reason to re-open the sale of the carmaker despite EU concerns that Berlin's promises of state aid had skewed the bidding process.
A Chinese national accused of stealing trade secrets from Ford Motor Co was employed by Beijing Automotive Industry Holding Corp , China's fifth-biggest automaker, but was in the United States on personal leave when he was arrested, BAIC said Monday.
Economy Minister Karl-Theodor zu Guttenberg expressed confidence on Saturday that Germany could address EU concerns about a sale of carmaker Opel to Canada's Magna, saying they did not put the deal at risk.
General Motors Co's bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
General Motors Co's bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
General Motors Co's bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
Yang Rong, a Chinese automobile tycoon who fled the country after being accused of economic crimes, said he plans three multi-billion-dollar U.S. plants to make 3 million clean-technology vehicles per year by 2017.
SAIC Motor Corp , China's biggest automaker, is in talks with its partner General Motors to explore new business opportunities that include India, a source with knowledge of the matter said on Friday.
General Motors Co has set its turnaround plan on the assumption that it can maintain slightly more than 19 percent of the U.S. market, board member Stephen Girsky said on Thursday.
Toyota Motor Corp (7203.T) said on Thursday its car sales in China in September rose 45 percent from a year earlier to a record monthly high of about 72,000 vehicles as stimulus policies bolstered consumer confidence.
Hundreds of workers at General Motors Co GM.UL's Thai assembly plant ended a 10-day strike on Thursday after settling a pay dispute with the management, the U.S. auto maker said in a statement.
U.S. carmaker General Motors was close to signing a deal to sell a 55 percent stake in its European arm Opel to Canada's Magna Thursday as talks continued with unions over job cuts.
The chief executive of General Motors Co reiterated on Thursday that the U.S. automaker would join a rights offering by its struggling South Korean unit, but gave no hint whether GM would put in as much as the unit's biggest creditor wants.
General Motors Co's CEO Fritz Henderson reiterated on Thursday the company would take part in any rights offer by its struggling South Korean unit.
General Motors Co GM.UL said on Tuesday it would have a Flint, Michigan, plant retooled to produce engines for its upcoming Cruze small car and its Volt electric vehicle by late 2010.
Agreement between Magna and a UK labour union on Tuesday brought closer a final deal for General Motors [GM.UL] to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium.
General Motors Co aims to grow faster than China's auto market in 2010, its China chief said on Wednesday, after outperforming the country's overall market in the first three quarters.
Ford Motor Co said its China vehicle sales in the third quarter jumped 79 percent from a year earlier as Beijing's stimulus policies bolstered auto demand.
General Motors Co GM.UL aims to grow faster than China's auto market in 2010, its China chief said on Wednesday, after outperforming the country's overall market in the first three quarters.
Dollar Thrifty Automotive Group Inc (DTG.N) said on Monday it would slash its 2010 car rental purchases from Chrysler and that its average fleet costs had stabilized at levels it hoped to maintain next year.
