General Motors to wind down Australia, NZ operations, sell Thai plant to Great WallIn rearranging its global operations, GM is accelerating its retreat from unprofitable markets, becoming more dependent on the United State...
17 Feb, 2020, 12.00 PM IST
Volkswagen poised to beat General Motors for China crownData show that in the first 11 months of the current year, the German automaker sold 70,000 more units than the American giant.
27 Dec, 2013, 05.44 AM IST
- Banks can't have more than 10 general managers for business up to Rs 1.5 lakh crore
The government has proposed to limit the number of senior executives in these banks, according to the size of their business, executives fa...
04 Nov, 2011, 01.52 AM IST
- GM to expand US plants, invest $257 mn
General Motors Co, hoping to capitalize on its hot-selling sedans and a growing trust in American-made cars, says it will invest $257 milli...
21 Apr, 2010, 09.53 PM IST
- CEOs eased out left and right in US; Pandit stays at Citi
The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup's In...
25 Dec, 2009, 04.04 PM IST
- Judge gives final OK to GM's bankruptcy financing
A bankruptcy judge ruled on Thursday that General Motors Corp. can have access to its full $33.3 billion in bankruptcy financing.
25 Jun, 2009, 08.48 PM IST
- GM, Chrysler get Canadian aid of $3.2 billion
GM is eligible for up to C$3 billion in bridge loans and the government said it hoped to close that deal "very soon". 100 years of GM | GM'...
31 Mar, 2009, 03.24 AM IST
GM announces 160 white-collar layoffsIt's the beginning of 3,400 salaried layoffs in US and part of the 47K job cuts in GM.
24 Mar, 2009, 10.20 PM IST
General Motors to cut 10,000 salaried jobsThe pay of US executive employees will be cut by 10%, while other salaried workers will see cuts of 3% to 7%. GM's all-time top sellers | 1...
10 Feb, 2009, 07.51 PM IST
- GM makes retirement offers to salaried workers
General Motors Corp has started to offer early retirement packages to selected white-collar workers as part of a plan to cut 15 per cent of...
29 Aug, 2008, 10.41 PM IST
- General Motors unveils 2010 Camaro to go on sale in 2009
General Motors' Chevrolet unveiled its 2010 Camaro on Monday, bringing back to life the iconic sports car it retired in 2002, but with a fo...
22 Jul, 2008, 04.40 AM IST
- GM opens new phase of hiring as 19,000 workers prepare for buyouts, early retirements
General Motors Corp has started a new phase of hiring ahead of the departure of thousands of workers who accepted buyouts under a labor agr...
10 Jun, 2008, 05.26 AM IST
- American Axle workers begin vote on a new contract
Striking workers at American Axle and Manufacturing Holdings Inc. began voting Monday on a new contract with the auto parts maker that woul...
20 May, 2008, 04.23 AM IST
- GM to lay off 3,500
Sagging pickup truck and sport utility vehicle sales have forced General Motors Corp. to shut down one shift each at four North American fa...
29 Apr, 2008, 04.27 AM IST
- GM reports record loss of $39 b in 2007
General Motors posted a fourth-quarter loss on a mounting deficit in North America and will offer buyouts to all of its 74,000 United Auto ...
13 Feb, 2008, 02.06 AM IST
- GM, UAW agree to cut new worker pay by 50%
General Motors and the United Auto Workers agreed to a new class of jobs that would pay about half the current rate, breaking with the UAW’...
29 Sep, 2007, 04.03 AM IST
- General Motors likely to face Kerkorian-led proxy fight
General Motors may face a proxy fight aimed at electing a new board after the resignation of a director who criticised the company’s reject...
10 Oct, 2006, 02.55 AM IST