General Motors Plans Loan Repayment
Indiana's NewsCenter - Tue Dec 15, 11:36 am ETDETROIT (Indiana's NewsCenter) - General Motors' Chairman and CEO says the automaker plans to repay all of its $6.7 billion in government loans by the end of June.
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DETROIT (Indiana's NewsCenter) - General Motors' Chairman and CEO says the automaker plans to repay all of its $6.7 billion in government loans by the end of June.
FLINT, Mich. (AP) - A Flint manufacturing and office complex that includes a building constructed in the 1920s by the founder of General Motors and still houses his 1-time office has been sold for nearly $2 million.
The Associated Press General Motors Co. plans to pay all of its $6.7 billion in government loans by the end of June, Chairman and CEO Ed Whitacre Jr. said Tuesday.
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General Motors Co. to sell the rest of Saab to another buyer.
Local and international union leaders for General Motors are meeting in Detroit to figure out what to do with the equipment at the idled Spring Hill plant.
General Motors has sold Beijing Automotive Industry Holding the rights to Saab technology that will help the Chinese company lift its profile at home.
A Flint manufacturing and office complex that includes a building constructed in the 1920s by the founder of General Motors and that still houses his one-time office is being auctioned off.
General Motors chairman and CEO Ed Whitacre Jr.?said Tuesday the?automaker plans to repay all of its $6.7 billion in government loans by the end of June.
Beijing Automotive Industry Holding Group - China's fifth largest automaker - has finally agreed to buy technology from General Motors' Saab brand.
DETROIT, Dec. 14 (UPI) -- U.S. auto giant General Motors Co. said Monday its chief financial officer, Ray Young, will be reassigned when a new chief financial officer is found.
DETROIT - The shakeups continue at General Motors Co. under the new leadership of chairman and CEO Ed Whitacre.