General Motors

Sweden rules out state bail-out for Saab

By Andrew Ward in Stockholm Sweden’s prime minister has ruled out a government bail-out for Saab Automobile and warned that European leaders must not stand in the way of efforts to tackle overcapacity in the car industry....

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Minister says GM must find Saab buyer

STOCKHOLM, Sweden, Nov. 27 (UPI) -- Swedish Enterprise Minister Maud Olofsson said General Motors Co. should be responsible for finding a buyer for Saab, not the Swedish government. Olofsson said the government is keeping in...

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GM: Opel To Launch New Models In Break-even Plan

GM Executive: Opel Plan Will Include New Model Launches, Break-even Target (AP) FRANKFURT (AP) - General Motors Co.'s top European official said Friday that a plan for Opel to be unveiled next month will include a schedule to...

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Canucks too slick for Kings

By Rob Sinclair, Senior Writer, CBC Sports Download Flash Player to view this content. Healthier times mean happier times for the Vancouver Canucks. Led by Henrik Sedin with one goal and one assist, Vancouver looked solid in...

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Why Renault's Latest Russia Deal Looks Smart

Posted by: Carol Matlack on November 27 Renault’s partnership with struggling Russian automaker Avtovaz got a fresh infusion of cash on Nov. 27 – and happily for Renault, Russian taxpayers will foot most of the bill. In a deal...

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GM's England plant to survive restructuring

FRANKFURT, Germany | General Motors Co. said Thursday that it will not close its Vauxhall plant in Ellesmere Port, England, and doesn't expect job cuts there as part of its restructuring of European operations. News of GM's...

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Merkel ally resigns over Afghan deaths

BERLIN (Reuters) - A senior ally of German Chancellor Angela Merkel quit the cabinet on Friday after being accused of covering up details of an air strike that killed civilians in Afghanistan when he was defence minister.

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Geely outlines Volvo cars technology deal

By Michael Wei And Quentin Webb BEIJING/LONDON - Zhejiang Geely Holding Group laid out how it and Ford Motor plan to handle intellectual property (IP) rights for Volvo Car Corp., clearing a major barrier in its bid to acquire...

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India & #39;s Satyam fraud trial to begin soon

The trial of those accused in India's biggest corporate scandal involving former outsourcing giant Satyam, is set to begin in a month, said a report Friday quoting an investigator. On December 9, a court will hear formal...

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GM Canada dealers sue to keep doors open

A group of General Motors of Canada dealers is suing the auto giant for millions in damages for alleged contract breaches and is seeking a court injunction to stop GM from terminating their franchises.

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