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Russian carmaker gets lift The Detroit News Russia will take on the bulk of the effort to restructure AvtoVAZ, its biggest automaker, under the terms of an accord signed Friday between AvtoVAZ's Russian shareholders and Renault...
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...
Wall Street Breakfast: Must-Know News Seeking Alpha (blog) Dubai debt problem jars world markets... In a move that could hurt some of Europe's biggest banks and dent the global economic recovery, the city of Dubai said...
Plant at Ellesmere Port will work on production of new Astra Sports Tourer, under an early restructuring plan laid out by GM General Motors’ Vauxhall plant will avoid redundancies under an early restructuring plan laid out by...
TSX Drops As Dubai Debt Debacle Spooks Investors RTT News (rttnews) - Canadian stocks hit the skids Thursday morning, following global shares lower after Dubai asked creditors if it can postpone $60 billion in payments until...
Magna International is seeking about $600 million US in compensation from German sports carmaker Porsche for breach of contract, an Austrian newspaper and agencies reported. The compensation was for development work already...
12:18am UK, Thursday November 26, 2009 Mark Langford, Sky News Online General Motors is to cut 9,000 jobs across Europe as part of restructuring plans, it has announced. Vauxall parent company GM has announced 9,000 job losses...
New chairman Ed Whitacre cancels Opel deal, shakes up culture By Tim Higgins McClatchy/Tribune News DETROIT - -- In more than four months as General Motors' chairman, Ed Whitacre has sent several clear signals about who is in...
AURORA, ON , Nov. 25 /PRNewswire/ - Magna Entertainment Corp. ("MEC" or the "Company") filed this news release as its fifteenth bi-weekly default status report under National Policy 12-203 of the Canadian Securities...
Nick Reilly said the four German Opel plants were a 'long term resource' for the carmaker [AFP] A senior executive from General Motors, the car manufacturer, has promised some 25,000 workers at Opel's German operation that none...
