General Motors stories from Top sites:
GM's Lutz to Oversee Opel
Nov 6th, 2009 - Wall Street Journal
A team of General Motors Co. executives will arrive in Germany on Monday to fine-tune a restructuring plan for Adam Opel GmbH and search out a new leader for the European unit, company officials said. The U.S...
Magna shares race higher on earnings, Opel fallout
Nov 6th, 2009 - CNNMoney
* Shares end up 14.2 pct in Toronto, 13.1 pct in New York * UBS, BMO, Citigroup and CIBC up share-price targets * Company renews focus on auto parts * Shares up over 25 percent since Opel deal terminated (Adds details...
Magna shares soar on earnings, renewed focus
Nov 6th, 2009 - CNNMoney
* Shares up nearly 15 pct in Toronto, 14 pct in New York * Analysts at UBS, BMO, Citigroup up share-price targets * Company renews focus on auto parts (Adds details, quote;...
GM: Forster To Leave Co; External Search For New Europe CEO
Nov 6th, 2009 - CNNMoney
FRANKFURT -(Dow Jones)- General Motors Co. on Friday confirmed that Carl-PeterForster will be leaving his post as group vice president and president of itsOpel Europe operations.
GM Said to Replace Forster, Seek German Executive to Run Opel
Nov 6th, 2009 - Bloomberg
Nov. 6 (Bloomberg) -- General Motors Co. plans to replaceCarl-Peter Forster as head of European operations and appointNick Reilly as interim leader after deciding to keep the Opeldivision...
General Motors videos from YouTube:
- Max Keiser on GM: US predators...The United States does not value jobs and trade unions; General Motors cut ten thousand jobs across Europe at its Opel unit in favour of Christmas bonuses. That's the view of Max Keiser, finance critic and former stockbroker ...
- 2009 Chicago Auto Show -...General Motors Press Conference at the 2009 Chicago Auto Show. GM unvailed four transformers for the new movie Transformers, Revenge of the Fallen. Trax, Volt, Bumblebee, and Sting Ray.
- General Motors, 1908-2009Storied automaker General Motors files for bankruptcy protection, pounded by an array of factors from the economic downturn to consumer demand for more fuel efficient cars. The AP's Mark Carlson looks back at the fallen giant. (June 1)
- General Motors is an ANTI-AMERICAN...What's next? I'll tell you what's next... General Motors. General Motors is at it again. A report came out today that says General Motors spent 2.8 million dollars in order to lobby the government for more money ...
General Motors stories from Digg:
Chevrolet Cruze Car Review
General motors have claimed that this car will rule the roads as well as the pockets of its users with its unbelievable mileage of 18.3 kilometer per liter.(Autos)
mythvmambaSun, Nov 8th, 20091 Diggs, 0 CommentsWill Microsoft become the General Motors of software?
It has near-monopoly status and nimble, disruptive competitors. We’ve seen this movie before.(Microsoft)
ampratherSat, Nov 7th, 200925 Diggs, 3 CommentsGM aims to more than double sales for its flagship Chevrolet
In its business plan, General Motors Co. revealed the goal of flagship brand Chevrolet of selling 1 million units in Europe. The plan was presented to the board(Autos)aka4wheelsSat, Nov 7th, 20091 Diggs, 0 Comments
General Motors from WikiPedia:
General Motors Company, often known as simply GM, is a United States based automaker with headquarters in Detroit, Michigan. GM is the world's 18th largest corporate entity and third largest automaker as ranked by 2008 revenues on the Fortune Global 500. Ranked by global unit sales for 2008, it is the world's second largest automaker. GM manufactures cars and trucks in 34 countries, employs 244,500 people around the world, and sells and services vehicles in some 140 countries.
On July 10, 2009 GM emerged from a Chapter 11 bankruptcy reorganization and is now majority owned by the United States Treasury and Canadian governments.
While no GM shares are currently available to the public, the company plans an initial public stock offering (IPO) in 2010.
GM plans to focus its business on its four core US brands — Chevrolet, Cadillac, Buick, and GMC, although in Europe Opel/Vauxhall vehicles will remain in development and continue to be 35 percent owned by GM.
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