RUESSELSHEIM/STOCKHOLM (Reuters) - General Motors <GM.UL> targeted Germany on Wednesday for the bulk of 9,000 planned job cuts at European arm Opel, turning ...
AP Source: No suitors have emerged to buy Saab after specialty car maker pulled out of deal General Motors Co. has not talked ...
China's Beijing Automotive Industry Holding Co. (BAIC) told state media Wednesday it will "reassess" its options after a plan to buy Swedish carmaker Saab collapsed, but gave no hint of its plans. Swedish high-performance carmaker Koenigsegg said Tuesday it was abandoning plans ...
Treasury: General Motors returns $140 million of bailout funds provided for parts suppliers General Motors has returned $140 million of the $290 million it received from the government to support is parts suppliers. The Treasury Department said Tuesday that the $140 million ...
PASADENA, CA - JUNE 16: (FILE PHOTO) Saab and GM signage is seen at the Symes auto dealership lot, after it was announced that General Motors is selling Saab, on June 16, 2009 in Pasadena California. Koenigsegg Automotive announced November 24, 2009 ...
German Chancellor Angela Merkel said Tuesday she was expecting a "comprehensive thank-you letter" from General Motors for huge loans to keep the auto maker's Opel unit afloat, which she said had now been repaid. "I can tell you that the last funds ...
FILE - In this Nov. 5 2009 file picture workers enter the Opel car plant in Bochum, western Germany. The new head of GM Europe has made clear that the company plans to keep open an Opel plant in Bochum, Germany even ...
India's largest carmaker Tata Motors is considering buying a stake in truck and bus manufacturer Swaraj Mazda, a report said Tuesday. The auto giant is looking at buying the 17 percent stake from private equity firm Actis, according to the Economic Times ...
EU Industry Commissioner Guenter Verheugen has criticised informal financial pledges to General Motors by countries vying to save jobs at factories belonging to the automaker's European unit. "I understand that some countries have already made informal promises. I find that alarming," he ...
Senators want Chrysler, GM to give more details on dealer closures Senators are calling on General Motors and Chrysler to release more details on ongoing talks over the automakers' plans to close thousands of auto dealerships as part of their bankruptcies. In ...
EPA: Fuel efficiency for new cars and trucks up slightly in 2008 model year The fleet of new cars and trucks sold to U.S. consumers averaged 21 miles per gallon in the 2008 model year, a modest increase over the previous year, ...
FILE - In this Feb. 4, 2009 file photo workers check a natural gas passenger car in the production line of German carmaker Volkswagen in Emden, northern Germany. German car maker Volkswagen AG said Friday that its group deliveries were up 11 ...
