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General Motors News

News on General Motors continually updated from thousands of sources around the net.

3 hrs ago | Washington Times

GM won't get federal aid extension

The White House turned up the heat in the General Motors bankruptcy case Wednesday, saying the government will not provide further funds to support GM's reorganization beyond July 10.

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Related Topix: Economics News, Bankruptcy, Automakers

8 hrs ago | WHNS

Mich. Wins Battle To Build GM's Next Car

Michigan has snatched back a few of its fast-disappearing auto jobs, winning a high-stakes competition with two other states to build General Motors Corp.'s next-generation subcompact car.

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Related Topix: US Politics, Representative Gary Peters, US News, US House of Representatives, Democrat, US Senate, Debbie Stabenow, Michigan, Michigan Government, Automakers, Oakland County, MI

12 hrs ago | San Jose Mercury News

GM Europe: Talks on selling Opel near completion

Negotiations for the sale of General Motors Corp.'s unit Adam Opel GmbH to Canadian autoparts maker Magna are progressing well and should soon be complete, the head of GM Europe said in remarks released Saturday.

Comment?

Related Topix: Manufacturing, Automakers, Magna International, Business News

16 hrs ago | The Advocate

Ohio critics of GM closure want factory saved

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

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Related Topix: Canada, Mansfield Metro, Mansfield, OH, Automakers, Ontario, OH, Economics News, Bankruptcy

Fri Jul 03, 2009

Detroit News

Daniel Howes: Toyota's down, but not out

Could Toyota Motor Corp. be mortal after all? For the third month in a row, Ford Motor Co.

Comment?

Related Topix: Toyota Motor, Automakers, Toyota Prius, Hybrid Vehicles, Toyota, Ford Motor, GMC GM, GMC, Opinion

Time

While Canada Spends Big to Save GM, Mexico Gets Free Ride

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

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Related Topix: GMC GM, GMC, North America, Canada, World News, Automakers, Chevrolet Camaro, Chevrolet,

The Detroit News

Henderson: GM faces July 10 liquidation if asset sale is denied

New York -- General Motors Corp. will face liquidation July 10 unless a federal bankruptcy judge approves the sale of the automaker's best assets to a new company, President and CEO Fritz Henderson testified today.

Comment?

Related Topix: Economics News, Bankruptcy, Automakers

Detroit Free Press

Opponents of plan for new GM are painted as risky

NEW YORK -- 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.

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Related Topix: GMC GM, GMC, Economics News, Bankruptcy, Automakers

MSN Money

Magna board set to approve Opel plans: sources

Magna's board of directors is scheduled to approve on Tuesday a business plan for the acquisition of German carmaker Opel, two sources familiar with the matter said on Thursday.

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Related Topix: Manufacturing, Automakers, Magna International

Inland Valley Daily Bulletin

Auto sales pick up speed

U.S. sales at Ford and Chrysler last month offered sharply different views on the downtrodden U.S. market for cars and trucks, while General Motors Corp.

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Related Topix: Auto Dealers, GMC, GMC GM, Automakers

Thu Jul 02, 2009

The Globe and Mail

Ford bests rivals after 60 years, as new order emerges

Close You asked. We're building it. Ford bests rivals after 60 years, as new order emerges The 1950 Ford, like this 1949 convertible, won Ford's second consecutive Fashion Academy Gold Medal Award for outstanding automotive design and styling.

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Related Topix: GMC GM, GMC, Automakers, Economics News, Bankruptcy, Prison

Reuters

Auto supplier Lear to file for bankruptcy, obtains financing

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.

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Related Topix: Manufacturing, Automakers, Textiles, Lear Corporation, Economics News, Bankruptcy, Pontiac, Cadillac, Buick

Detroit News

EPA allows California, 13 other states to limit emissions

The Environmental Protection Agency granted California and 13 other states a long-sought waiver under the Clean Air Act to impose their own tailpipe emissions limits.

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Related Topix: Environmental Law, Barbara Boxer, US Politics, US News, Law, US Senate, Democrat, California, California Government, U.S. Environmental Protection Agency, Automakers, Pontiac

Kentucky.com

Hitachi to supply lithium-ion batteries to GM

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

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Related Topix: GMC GM, GMC, Hybrid Vehicles, Automakers, Saturn, Cadillac, Buick

Reuters

Beijing Automotive plans Opel bid: report

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.

Comment?

Related Topix: GMC GM, GMC, Automakers, Saturn, Pontiac, Cadillac, Buick

Wed Jul 01, 2009

Charlotte.com

GM urges quick approval of sale plan

General Motors CEO Fritz Henderson leaves bankruptcy court Tuesday, June 30, 2009 in New York.

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Related Topix: GMC GM, GMC, Automakers, Economics News, Bankruptcy, New York Metro, Pontiac, Cadillac

Reuters

Have car makers turned the corner?

U.S. auto sales tumbled in June as the economy remained a deep concern for consumers, but Ford Motor Co posted far better results than other large automakers and shot ahead of Detroit rivals passing through federally sponsored bankruptcies.

Comment?

Related Topix: Automakers, Economics News, Bankruptcy

WHNT-TV Huntsville

Bredesen says state offered GM $20 million incentive package to save Spring Hill plant

Gov. Phil Bredesen said the state's offer to General Motors to build its new small car at the Spring Hill plant was a $20 million incentive package, and it obviously was not enough.

2 comments

Related Topix: US Governors, Phil Bredesen, Tennessee Government, Tennessee, Automakers

PR-inside.com

GM, Ford suspend Russia production

U.S. car companies General Motors and Ford say they are suspending operations on their production lines in Russia because the economic crisis is squeezing consumers' demand for new cars.

Comment?

Related Topix: GMC GM, GMC, Automakers, Saturn, Pontiac, Cadillac, Buick

China Daily

GM China sales up 38% in 1st half of '09

SHANGHAI: General Motors Corp. said Wednesday that sales in China jumped 38 percent in the first half of 2009, helped by strong demand for its minivans and other small vehicles.

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Related Topix: GMC GM, GMC, Automakers, Buick, Chevrolet, Pontiac, Cadillac

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