GMC News

The past few weeks in Louisiana have demonstrated there are certain things economic developers armed with the taxpayers' checkbook can accomplish, and others they can do little about, especially during the current recession.

General Motors Corp. confirmed Friday it has received a non-binding offer from a Chinese concern for its Opel division.

As a smaller, sleeker General Motors Corp. awaits a judge's green light to exit bankruptcy, Al Koch, GM's chief restructuring officer, says it will take two or three years and about $1.25 billion for the so-called Old GM to settle claims and dispose of factories no longer needed by the government-controlled automaker.

With only four brands selling far fewer models than in the past, every new car or truck that General Motors Corp.

Toyota Motor Corp. now faces a dilemma following General Motors Corp.'s decision to withdraw from the two firms' joint venture in California.

General Motors auto workers prepare rows of the new Chevrolet Camaro for delivery, at the company's Oshawa Ontario facility April 8, 2009.

General Motors Corp. confirmed Friday it has received a non-binding offer from a Chinese concern for its Opel division.

UPDATED 2:25 P.M. DETROIT - General Motors Corp.'s June sales in the United States dropped 33.6 percent from a year earlier, but Lansing-made crossover vehicles turned in strong performances.

A summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp.

A push to save a General Motors Corp. plant is expanding in recession-battered Ohio.

Harvey Miller, General Motors Corp.'s top bankruptcy lawyer, told a federal judge Thursday that opponents of the government plan to quickly create a new company were asking the court to "play Russian roulette" with thousands of jobs and billions in taxpayer money and risk forcing a liquidation of the automaker.

General Motors Corp. will build a new luxury stretch sedan called the Cadillac XTS at its assembly plant in Oshawa, Ont., according to suppliers briefed on the automakera TMs latest product plans.

Chinese carmaker Beijing Automotive Industry Holding Co plans to present a detailed bid for General Motors Corp's Opel unit in the next few days, the Wall Street Journal reported, citing a person familiar with the matter.

FLINT TOWNSHIP, Mich. - A Georgia-based company that hauls medium-duty trucks built at a doomed General Motors Corp.

For the third month in a row, Ford Motor Co. outsold the Japanese juggernaut in the United States, still a crucial and rich market amid this nagging recession.

Ford said it sold 27,408 cars and trucks in Canada last month, a 24.6% increase over June 2008.

Moscow -- U.S. car giants General Motors Corp. and Ford Motor Co. suspended operations on their production lines in Russia on Wednesday as the deepening economic crisis squeezes Russian consumers' demand for new cars.

General Motors Corp. said Monday it is ending its joint venture with Toyota Motor Corp.

Japanese electronics maker Hitachi Ltd. said Thursday it will supply lithium-ion batteries for hybrid vehicles to General Motors Corp.

Auto seating supplier Lear Corp said on Wednesday it would file for Chapter 11 in a reorganization supported by key secured lenders and bondholders and had obtained $500 million in bankruptcy financing.