GENERAL MOTORS

General Motors Co GM.UL said on Friday that its China vehicle sales in the first nine months of this year jumped 55.6 percent from a year earlier, boosted by Beijing's stimulus policies and boding well for record sales for the full year.

General Motors Co signed a deal on Friday to sell its iconic but tarnished Hummer brand to an investment partnership headed by an obscure Chinese machinery maker in an agreement that underscores the fast rise and global ambition of the Chinese auto industry.

General Motors Co on Friday signed an agreement to sell its Hummer SUV brand to China's Sichuan Tengzhong Heavy Industrial Machinery in a deal that marks the first time a Chinese buyer has acquired a distressed asset from the American auto industry.

China's Tengzhong may finalize a deal to buy General Motors Co's Hummer business for about $150 million on Friday, a source familiar with the deal said, China's biggest brand grab since Lenovo bought IBM's PC unit in 2005.

China's Tengzhong may finalise a deal with General Motors Co [GM.UL] on Friday to acquire the U.S. automaker's Hummer business for about $150 million, a source familiar with the deal said.

General Motors Co GM.UL will look to sell the steering business it took back from former parts subsidiary Delphi under a deal that closed this week, the automaker said in a letter to its suppliers.

General Motors Co is on track to complete a wrenching cost-cutting but faces risks from an uncertain U.S. economy and rising unemployment as it tries to win back consumers, the automaker said on Wednesday.

General Motors Co is on track to hit its cost-cutting targets but faces risks as it tries to win back consumers in an uncertain U.S. economy, the automaker said on Wednesday.

General Motors Co is on track to hit the financial restructuring targets set in its U.S. government-sponsored bankruptcy, but still faces risks as it tries to win back consumers in an uncertain U.S. economy, the automaker said on Wednesday.

U.S. auto parts maker Delphi ended four years in bankruptcy on Tuesday, emerging from Chapter 11 as a private company and removing a major uncertainty for former parent General Motors Co [GM.UL].

Hundreds of striking workers forced U.S. auto maker General Motors Co [GM.UL] to shut its Thai assembly plant on Monday, company and union officials said, raising the stakes in a pay dispute with management.

Labor costs at Ford Motor Co (F.N) are about $16 an hour higher in Canada than in the United States, the Canadian Auto Workers confirmed on Friday, but union said it needs guarantees on production levels before it agrees to concessions to level the field.

U.S. auto maker General Motors received approval from European Union antitrust regulators on Friday to acquire parts of bankrupt U.S. car parts company Delphi. The European Commission, competition watchdog of the 27-country European Union, said in a statement that the proposed buy of Delphi's mobile electronics and transportation systems would not give rise to competition concerns.

The chief executive of Motors Liquidation Co (MTLQQ.PK), the old shell of General Motors that remains in bankruptcy court, is hoping that the company will get court approval for a plan of liquidation by the middle of next year, he said on Thursday.

Ford Motor Co of Canada (F.N) bucked the trend in September, posting comfortably higher auto sales as the broader Canadian industry continued to slide.

U.S. auto sales tumbled by 23 percent in September as showrooms emptied after the government-funded boom from the cash for clunkers program, with General Motors Co and Chrysler hardest-hit.

U.S. auto sales tumbled by 23 percent in September as showrooms emptied after the government-funded boom from the cash for clunkers program, with General Motors Co and Chrysler hardest-hit.

The global auto industry would have collapsed if the U.S. government had not provided taxpayer-backed financing for automakers General Motors and Chrysler, according to the chief executive officer of Motors Liquidation Co (MTLQQ.PK).

Congressional leaders on Wednesday pressed General Motors Co and Chrysler to resolve complaints about dealer franchise terminations the automakers pushed through during their brief bankruptcies.

General Motors Co [GM.UL] said on Thursday that its U.S. September auto sales fell 45 percent, pressured by weak consumer confidence, low inventory levels and the end of the U.S. government cash for clunkers incentives.

New automobile sales in Brazil jumped 19.85 percent in September from August, the national dealers' association Fenabrave said on Thursday, as consumers raced to take advantage of an expiring tax break.