General Motors Launches Extensive New 2009 Model Year Line-up In The Middle East
Fisker Automotive Announces Intent to Source General Motors Components
Fisker Automotive Announces Intent to Source General Motors Components
Quantum; Announces Major Licensing Deal with General Motors
Quantum; Announces Major Licensing Deal with General Motors
Should General Motors be bailed out?
Media outlets all over the country are questioning whether Detroit's automakers, especially General Motors Corp., should receive aid from the federal government to prevent them from financial collapse. There's this story from Time magazine, one today from the New York...
General Motors, Driven to the Brink
G.M., like other American automakers, tied its fortunes to the S.U.V., a product line that may be the industry?s undoing.
GM-Chrysler Merger Talks Suspended, Hummer And AC Delco Still For Sale [General Motors]
All the buzz over a potential Chrysler and GM merger may be for naught as GM announced today that they've suspended talks in order to refocus on their soon-to-be bankrupt business. Though GM claims it would have liked to try the merger, the lack of government help (seeing a trend here?) means it isn't possible at this time. Instead, GM plans on selling AC Delco and Hummer, to the surprise of no one who has paid attention for the last few months. ...
GM-Chrysler Merger Talks Suspended, Hummer And AC Delco For Sale [General Motors]
All the buzz over a potential Chrysler and GM merger may be for naught as GM announced today that they've suspended talks in order to refocus on their soon-to-be bankrupt business. Though GM claims it would have liked to try the merger, the lack of government help (seeing a trend here?) means it isn't possible at this time. Instead, GM plans on selling AC Delco and Hummer, to the surprise of no one who has paid attention for the last few months. ...
US: General Motors Q3 net loss $2.5bn; liquidity a worry
GM has reported a net loss of $2.5 billion or $4.45 per share for the third quarter, including special items. That compares with a net loss from continuing operations of $42.5 billion or $75.12 per share in the third quarter of 2007, which included a non-cash charge of $38.3 billion to establish a valuation allowance against some of the company's net deferred tax assets.