4463 Stories, most recent news story added Mon Dec 14, 4:30 pm ET
The Obama Administration is announcing new limits on wages for executives at certain firms that received a financial bailout from the government…including General Motors. WDET’s Quinn Klinefelter has more… The new guidelines cover mid-level executives at G-M and G-M-A-C…as well as A-I-G and Citigroup. Those firms will have mid-level management pay limited to half-a-million dollars ...
DETROIT — General Motors Co. said Monday that Ray G. Young will remain with the automaker in a...
China's Zhejiang Geely Holding Group Co. Monday said it was still Ford Motor Co.'s (F) preferred bidder for its Swedish Volvo car unit, as rival Chinese auto company Beijing Automotive Industry Holdings Co. bought assets from General Motors Corp.'s (GM) Swedish Saab unit.
SHANGHAI—Beijing Automotive Industry Holdings says it has agreed to buy car and engine technology from GM’s Saab Automobile, in a major step forward for the Chinese automaker. An announcement from the state-owned company today gave no details about the cost or timing of the acquisition, which may clear the way for General Motors Co. to sell the rest of Saab to another buyer.
Dutch carmaker Spyker Cars NV emerged as a suitor Sunday to acquire Saab from General Motors Co., which struck a tentative accord with Beijing Automotive Industry Holding for the right to produce versions of the Swedish manufacturer's older models in China, according to people familiar with the talks.
Saab can still find a buyer for the whole firm, a spokesman for the loss-making auto maker said on Sunday after The Wall Street Journal reported China's BAIC had agreed with General Motors to buy some of the Swedish company's assets.
LORAIN, Ohio -- A local man landed what he calls the gig of a lifetime. Tim Lee, who grew up in Lorain, will now be leading the International Growth Division of General Motors.
DETROIT - It's official: General Motors Co.'s Chief Financial Officer Ray Young is being reassigned. The Detroit automaker said his morning Young will become vice president of international operations, reporting to GM International Operations President Tim Lee. Young starts his new job Feb. 1, 2010. The announcement comes after weeks of speculation about Young's future. Last week Chairman and ...
DETROIT (AP) — When auto industry veteran Bob Lutz returned to General Motors in 2001 after 30 years with other companies, he quickly grew tired of GM’s numbers-oriented bureaucracy, printing up post-it notes that asked, “Says Who?”
High Gear Media has partnered with Tesla Motors on a new writing contest where YOU can win a tour and road test of the 2010 Tesla Roadster Sport. You can submit as many articles as you like and enter multiple times. Enter now! Last week, we told you about General Motors' "Comprehensive Plan to Address Dealer Concerns", in which GM essentially ..
Manufacturing and office complex in Flint, Mich., that includes a historic building put up in 1920s by?founder of General Motors is being sold in an auction with no reserve price.
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