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13 Sep 2016, 2:27 am by Bob Kraft
The New York Times reports on “how quickly G.M. and the government responded to the problem once the company became aware of it in mid-May,” pointing out that “G.M. wasn’t always so quick to remedy potential safety defects. [read post]
16 Jun 2009, 5:15 am
General Motors said a preliminary agreement has been reached to sell, Saab, the company's loss-making Swedish unit, to the sportscar maker Koenigsegg. [read post]
23 Apr 2009, 3:26 pm
Delphi, the auto parts supplier, on Thursday won a bankruptcy judge's approval for a deal that would buy it more time to negotiate with its lenders, the government and its onetime parent, General Motors, over an exit from Chapter 11 protection. [read post]
10 Nov 2010, 8:46 am by By NICK BUNKLEY
General Motors executives kept the earnings call short in order to avoid any possible mention of the initial public offering set for next week. [read post]
12 May 2010, 1:55 am by By DEALBOOK
General Motors executives want their own auto-financing arm so they can offer more competitive lease and loan deals, The Associated Press reported. [read post]
7 Jul 2010, 11:51 pm by By DEALBOOK
General Motors has reached a deal to sell its Nexteer steering business to a venture backed by Chinese companies, the Associated Press reports. [read post]
1 Jul 2009, 4:03 pm
After several days of high-volume trading of General Motors shares, the automaker warned traders that its stock would have no value when the automaker emerges from bankruptcy. [read post]
2 Jun 2009, 6:42 am
Fritz Henderson, chief executive of General Motors, told Swedish Radio that there were three possible bidders interested in Saab, its troubled subsidiary, but that neither Fiat nor Ripplewood, the U.S. private equity firm, were among them. [read post]
4 Jun 2010, 10:07 am by By DEALBOOK
A subsidiary, General Motors Ventures, plans to invest in start-up companies in fields including renewable fuels, information and entertainment systems, and advanced materials. [read post]
11 Jun 2009, 1:01 pm
General Motors is close to selling Saab to Koenigsegg, a Swedish maker of high-end sports cars, a person close to the negotiations said. [read post]
23 Mar 2011, 4:46 am by By DEALBOOK
General Motors plans to sell all of its preferred shares in Ally Financial, its former lending arm, in a $1 billion offering. [read post]
16 Nov 2010, 8:22 am by By STEPHEN J. LUBBEN
Shareholders of the new General Motors may benefit from a tax treatment that Chapter 11 debtors do not typically receive. [read post]
4 Jun 2009, 11:01 am
Should General Motors bring in Mitt Romney, the former presidential candidate and buyout chief, to steer a turnaround? [read post]
16 Apr 2009, 4:02 am
When Delphi filed for bankruptcy in the fall of 2005, a management team led by the seasoned turnaround executive Robert S. [read post]
18 Aug 2010, 12:59 pm by By DEALBOOK
At long last, General Motors filed on Wednesday to go public. [read post]
9 Oct 2009, 12:12 pm
General Motors said Friday that it would sell its rugged Hummer brand, once an integral part of its growth strategy for sport utility vehicles, to a Chinese heavy equipment maker and a private investor. [read post]
20 Aug 2010, 9:44 am by By PETER HENNING
General Motors' disclosure of internal control problems in its filing to go public is not a new issue. [read post]