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GM RESTRUCTURING
General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."- Discontinued jewel loan waiver scheme to be reconsidered by govt: TN minister V Gandhiraj
- Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets
- GM says Saab decision due later this month or FebGeneral Motors Co's top European executive says a final decision on the fate of its Saab brand will come either this month or next.12 Jan, 2010, 08.11 PM IST
- Opel workers say they will help cut costs for GMOpel workers are ready to help cut costs as GM moves to restructure its European operation.04 Dec, 2009, 06.03 PM IST
- GM scraps Opel sale; to embark on European biz restructuringUS car maker General Motors has scrapped plans to sell its European operations, including Opel, and will initiate restructuring efforts wor...04 Nov, 2009, 05.45 PM IST
- GM to cancel sale, keep European unit OpelGeneral Motors said on Tuesday its board decided to keep Opel, scrapping an on-again, off-again plan to sell its big European division.04 Nov, 2009, 04.14 AM IST
- Experts say GM bankruptcy almost inevitableFor General Motors Corp, the task at hand is so difficult that experts say a Chapter 11 bankruptcy filing is all but inevitable.11 May, 2009, 01.56 AM IST
- GM details plans to wipe out current shareholdersGM detailed plans to all but wipe out the holdings of remaining shareholders by issuing up to 60 billion new shares in a bid to pay off deb...06 May, 2009, 01.45 PM IST
- Latest GM measures, an important step: White HouseNew GM cost-cutting measures including restructuring 27 billion dollars in debt by offering a swap of common stock for bonds mark "an impor...27 Apr, 2009, 07.19 PM IST
- Latest GM measures 'an important step:' White HouseNew GM cost-cutting measures including restructuring 27 billion dollars in debt by offering a swap of common stock for bonds mark "an impor...27 Apr, 2009, 06.57 PM IST
- GM to cut 21,000 US factory jobs, sheds PontiacGM is living on $15.4 bn in government loans and faces a June 1 deadline to restructure and get more government money. Key dates in GM's hi...27 Apr, 2009, 06.19 PM IST
- Treasury lends $2 bn more to General MotorsTaxpayers invested another $2 billion in General Motors Corp. this week as the struggling auto giant continued efforts to restructure and a...25 Apr, 2009, 02.36 AM IST
- GM to temporarily shut 13 plants, cut productionGM said the shutdowns will help control high dealer inventories and bring manufacturing in line with sales.24 Apr, 2009, 03.46 AM IST
- US govt may convert part of GM loan into equityThe US govt is considering swapping some of the $13.4-billion GM owes it for an equity stake in a stripped-down version of the carmaker, sa...15 Apr, 2009, 12.46 AM IST
- GM eyes possible bankruptcy: WSJTroubled US automaker General Motors is set to renegotiate a less advantageous deal with bondholders to restructure its debt, but a bankrup...10 Apr, 2009, 10.04 AM IST
- GM 'prepared' for possible bankruptcyAiling US auto giant General Motors has said it is "prepared" for bankruptcy proceedings if not able to restructure out of court, according...03 Apr, 2009, 06.22 PM IST
- US govt seen veering to bankruptcy option for Big AutoPresident Barack Obama believes a quick, negotiated bankruptcy is the most likely way for General Motors Corp to restructure and become a c...02 Apr, 2009, 01.01 AM IST
- Who will call the shots at GM?President Barack Obama, in detailing his plans for the industry Monday, said the government has no interest in running GM.31 Mar, 2009, 06.53 AM IST
- GM gets 60 days for new cost-cutting plan: ReportThe White House has given US automaker General Motors 60 days to present a new cost-cutting plan to qualify for more government loans, the ...30 Mar, 2009, 03.36 PM IST
Load More- GM says Saab decision due later this month or Feb
