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GM declines to name Opel winner, new talks loom

The board of General Motors Co declined on Friday to name Canada's Magna International as the winning bidder for Opel, leaving the fate of its German unit up in the air.

Opel labor leader threatens action over GM delay

Opel labor leader Klaus Franz called on General Motors to pick a buyer for its European unit this week, and threatened spectacular measures if the U.S. group did not make a decision.

Merkel says GM decision on Opel urgently needed

German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was urgently needed for the carmaker's future.

German politicians blast GM for delaying Opel deal

German politicians reacted angrily on Saturday to the failure of carmaker General Motors to choose a buyer for its German unit Opel, prompting an appeal to the United States government to help broker a solution.

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Clunker rebates to end on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.

U.S. to end clunker rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.

U.S. to end

The U.S. government said it will suspend its popular

U.S. to end clunkers rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.

Key players in GM Opel chase to meet on Thursday: source

The heads of Canada's Magna (MGa.TO) and Russian partner Sberbank will meet their General Motors GM.UL counterpart on Thursday, a person close to the matter said, as decision time nears on the sale of GM's Opel business.

GM offers dealers advances on clunkers cash

General Motors Co will provide cash advances to dealers to cover Cash for Clunkers rebates while the incentives are being processed by the U.S. government, the company said on Thursday.

GM offers dealers advances on

General Motors Co will provide cash advances to dealers to cover

Key players in GM Opel chase to meet: source

The heads of Canada's Magna and Russian partner Sberbank will meet their General Motors counterpart on Thursday, a person close to the matter said, as decision time nears on the sale of GM's Opel business.

GM, Magna, Sberbank CEOs to meet on Thursday: source

GM, Magna, Sberbank to meet: report

The heads of General Motors , Canadian auto parts group Magna and its Russian partner Sberbank are due to meet on Thursday ahead of GM's board meeting on Friday, a German newspaper said.

GM drops new Buick SUV due to lack of interest

General Motors Co GM.UL has dropped plans for a new Buick sport utility vehicle due to lack of consumer interest, Vice Chairman Tom Stephens said on Wednesday, only two weeks after the new model was announced.

Germany may sweeten Opel aid for Magna win: minister

Germany could provide 4.5 billion euros ($6.35 billion) in state aid for carmaker Opel if General Motors chooses Canada's Magna, Berlin's favored suitor, as the buyer, a minister said.

GM raises production as

General Motors Co said on Tuesday it is increasing production in North America for the second half of 2009 after a surge in sales ignited by the U.S. government's

GM raises production as clunker sales rise

General Motors Co said on Tuesday it is increasing production in North America for the second half of 2009 after a surge in sales ignited by the U.S. government's Cash for Clunkers incentives program.

GM agrees to sell Saab to tiny Swedish carmaker

General Motors signed a deal on Tuesday to sell its Saab car business to a tiny Swedish luxury carmaker, the first in a series of big sales the U.S. group is planning as it slims down.

GM ups output at 2 plants, more likely

General Motors Co [GM.UL] is stepping up production at car plants in Michigan and Ohio, Bloomberg said, citing people familiar with the matter.

GM, Koenigsegg ink stock purchase deal on Saab

Sweden's Koenigsegg and U.S.-based General Motors said on Tuesday they had inked a deal for the niche sports car maker to buy loss-making Saab Automobile.

GM, German govt say Opel deal not imminent

General Motors and the German government played down hopes on Friday of a quick decision on the sale of the carmaker's Opel unit, and Berlin reiterated its support for Canadian bidder Magna .

GM to invest $43 million in U.S. Volt battery plant

General Motors Co said on Thursday it would invest $43 million to create a plant in Michigan where it will build lithium-ion battery packs for its Chevrolet Volt and other electric vehicles.

GM says no deal with Magna yet on Opel sale

General Motors' top negotiator for the sale of its European business took issue on Friday with assertions that Opel suitor Magna had struck a deal in principle on a contract for the deal.

Merkel ally says only Magna would get state aid

The federal government in Berlin and the states where Opel has plants are only prepared to offer financing aid if Canada's Magna wins the battle for the carmaker, a senior ally of German Chancellor Angela Merkel said.