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General Motors (NYSE: GM)
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GM to Reduce Full-Size Truck Production
GM announced today that it is eliminating one shift
of production at its full-size pickup truck assembly plants in Pontiac,
Mich.; Flint, Mich.; and Oshawa, Ontario; and its full-size SUV
assembly plant in Janesville, Wis. The decisions were made to bring
production capacity more in line with market demand.
Under this plan, ...
GM Reports 260,922 Deliveries in April
GM dealers in the United
States delivered 260,922 vehicles in April. Retail car and crossover
sales were up more than 9 percent. A sharp sales increase in fuel
efficient cars and crossovers could not make up for soft truck demand
and a sharp decline in fleet deliveries impacted by the American Axle
strike. On a ...
General Motors Recognizes Best Suppliers
General Motors Corp. recognized 97 companies today with its highly
coveted Supplier of the Year Award at the 16 th annual awards
presentation held at the Sawgrass Marriott Hotel.
There are 57 multiple-year winners among this year’s nominees.
This year’s ceremony will be highlighted with the presentation of ...
GM Announces First Quarter Global Sales
Sales
in Russia Grow 78 Percent, Outpacing Industry Growth; Chevrolet Has
Record Q1 in Europe , with Sales Exceeding 131,000 Vehicles
Brazil,
Argentina and Venezuela Growth Spurs a Sales Surge of Nearly 20 Percent
in the Latin America, Africa and Middle East Region
Record Quarterly Sales in China Fuels 6 Percent ...
GM Aligns Marketing Leadership With Four Brand Channels
General Motors announced today that its U.S. marketing and field
operations will be more strongly aligned into four retail channels:
Chevrolet; Premium (Cadillac, Hummer, Saab); Buick-Pontiac-GMC; and
Saturn. Each channel will be focused on continuing to deliver
world-class products for their customer and build value for GM and
their respective dealers.
GM announced ...
Auto Industry --> GM News
LowPriceShopper.com - Sponsored Link
Ad - www.lowpriceshopper.com May 14 2008 7:42PM GMT
Moody's Expects GMAC to Cut Lending to ResCap
Monitor Daily May 14 2008 7:42PM GMT
PCs, NDP want job guarantees as Ont. offers GM more money following layoffs
Canadian Business Magazine May 14 2008 7:41PM GMT
Opel Astra Landmark, 10 million Cars Strong
Huliq.com May 14 2008 7:31PM GMT
GM: high gas prices mean less trucks
Boston Globe May 14 2008 7:23PM GMT
GM And Isuzu Establish New Partnership To Focus On Commercial Vehicles In Colombia
Automotive Intelligence May 14 2008 6:42PM GMT
OEConnection Introduces ServiceAdvantage
Macro World Investor May 14 2008 6:03PM GMT
OEConnection Introduces ServiceAdvantage
Yahoo! Canada May 14 2008 5:52PM GMT
Production to resume Monday at GM's Wentzville assembly plant
Conde Nast Portfolio May 14 2008 5:40PM GMT
Germany: GM Europe's Bochum plant builds 10 millionth Opel Astra
Automotive World May 14 2008 5:25PM GMT
GM recalling 1,200 workers at Ohio SUV plant? ? 28 mins ago
CNBC May 14 2008 5:23PM GMT
GM will need $9 bn in new financing
Economictimes May 14 2008 5:22PM GMT
GM will need over $9 billion in new financing: Lehman
Earthtimes.org May 14 2008 5:13PM GMT
GM will need over $9 billion in new financing: Lehman
Washington Post May 14 2008 5:13PM GMT
GM will need over $9 billion in new financing: Lehman
Reuters May 14 2008 5:12PM GMT
GM will need over $9 billion in new financing: Lehman
Reuters via MSN Money May 14 2008 5:01PM GMT
GM Canada asks feds for $140 M
Winnipeg Sun May 14 2008 4:51PM GMT
GM recalls workers
Fortune May 14 2008 4:46PM GMT
Ontario will give GM more money, despite layoffs in Windsor, Oshawa: McGuinty
Yahoo! Canada May 14 2008 4:43PM GMT
Ontario will give GM more money despite layoffs
Calgary Sun May 14 2008 4:41PM GMT
GM Needs to Raise $9 bln Over Next 2 Years: Lehman
Baseline May 14 2008 4:29PM GMT
Germany: GM Europe's Bochum plant builds 10 millionth Opel Astra
Automotive World May 14 2008 4:22PM GMT
GM recalls workers
CNN May 14 2008 4:21PM GMT
10-millionth Opel Astra produced today
Automotive News May 14 2008 4:14PM GMT
Ontario will give GM more money, despite layo...
Canadian Business Magazine May 14 2008 3:49PM GMT
Ontario will give GM more money, despite layoffs in Windsor, Oshawa: McGuinty
Canadian Business Magazine May 14 2008 3:48PM GMT
Soaring fuel prices drive GM to shift focus to cars
Winnipeg Free Press May 14 2008 3:37PM GMT
Ontario will give GM more money, despite layoffs in Windsor, Oshawa: McGuinty
Winnipeg Free Press May 14 2008 3:36PM GMT
GM recalling 1,200 workers at Ohio SUV plant
Yahoo! Canada May 14 2008 3:35PM GMT
GM workers recalled as Axle strike drags on
Biz Journals May 14 2008 3:33PM GMT
GM recalls up to 1,300 laid-off workers at Moraine plant
Biz Journals May 14 2008 3:24PM GMT
Moreover Technologies - General Motors news
General Motors news - more than 340 categories of real-time RSS news feeds
Big Guns Tackle Next-Gen Ethanol
DuPont forms venture with Denmark's Danisco for cellulosic ethanol.
The Research Trap
The ultimate marketing battle takes place in the mind, not in a lab.
The Battle Of The Network Chiefs
ABC's Steve McPherson and NBC's Ben Silverman have very different visions of television's future. Do viewers care?
U.S. Stocks Short Circuit Friday
Wall Street blew its chances at a positive week, as AIG's earnings and Citi's strategy soured investors.
Sponsor's Content: Earth in the Balance Sheet: Sustainability Reports
Sure, the pictures are nice. But in-depth sustainability reports are more than good PR. They provide better information to stakeholders and rich data to guide wiser management decisions.
Stocks Rise Despite Finance Sector Weakness
This is a transcript of the Market Update: Close video report.
Toyota Stalls Out, Stupefying Markets
The automaker suffers a 28% drop in net profit for the foruth quarter and expects a similar drop for the current year, breaking a string of seven years of profit growth as markets mature.
Go Long On Lithium
Driven by the need for better performance and longer charges, the battery business is booming.
Top 13 Most Fuel-Efficient Cars
These sets of wheels allow you to put the pedal to the metal without emptying your wallet.
Magna Beats And Raises
The Canadian automotive supplier bests analysts' expectations and boosts full-year outlook.
Stocks Up With Rising Dollar
This is a transcript of the Market Update: Close video report.
Rate-Cut Letdown Leads Into Thursday
Investors pulled out of stocks after the Fed's expected cut hit with a thud.
GM Losses Don't Bother Investors
The Detroit automaker surged on Wall Street despite $3.3 billion in losses and a lowered outlook.
Fed Cuts Again, Investors Unimpressed
This is a transcript of the Market Update: Close video report.
Fed Cuts
The central bankers slash the federal funds rate by 25 basis points.
Wall Street Falters After Fed Cut
The central bank slashed rates without taking the expected a hard line against inflation.
GM Not Quite As Horrible As Expected
Investors clamored for the company after posting $3.3 billion in losses and lowering its 2008 outlook.
Big Ben Does It Again
The Fed took the ax to interest rates again Wednesday, but gave little indication it's done cutting.
TRW Wins, Despite U.S. Auto Market
The auto parts maker reports a jump in first-quarter profit and raises its full-year outlook.
TRW Floors It
The auto parts maker reports a jump in first-quarter profit and raises its full-year outlook.
Street Revs Up For Bernanke
Stocks were strong at midday Wednesday ahead of the Fed's rate cut decision.
Stocks Rally Ahead Of Rate Decision
With the Fed's announcement due later in the day, Wall Street got a higher start on a decent GDP number.
Investors Delighted With GM Loss
Wall Street expected a lot worse than the $3.3 billion Q1 deficit.
Fed Rate Cut Expected
This is a transcript of the Market Update: Outlook video report.
U.S. Investors Cautious As Rate Decision Looms
After a mild slip Tuesday the weeks main event awaits Wednesday afternoon with the Fed's statement due in D.C.
Kirk Kerkorian Strikes Again
Is he a car nut? After making runs at both Chrysler and General Motors, Kerkorian is buying into Ford.
Forbes.com: gm
The latest Forbes.com news on the ticker gm.
GM plant in Ohio withdraws strike threat (AP)
Workers at a General Motors Corp. plant in Ohio have withdrawn a threat to strike. GM spokesman Dan Flores said Wednesday that workers at the stamping plant near Mansfield, Ohio, won't go on strike Thursday morning as planned.
Big Guns Tackle Next-Gen Ethanol (at Forbes.com)
Ontario to give GM more money despite layoffs (AP)
Ontario's provincial government is prepared to give General Motors more taxpayer money for new projects, despite 2,300 layoffs recently announced by the automaker, Premier Dalton McGuinty said Wednesday.
A Market Crash Is Coming (at Motley Fool)
Fairfax strike talks continue (at bizjournals.com)
Details on recent CAW contract deal with Ford (at Reuters)
Big Three automakers, CAW nearing talks deadline (at Reuters)
Ask TheStreet: Great Earnings, No Price Pop (at TheStreet.com)
Garmin's Rival Gets Bigger (at Motley Fool)
Eight Strategies to Save on a New Car (at TheStreet.com)
GM will need over $9 billion in new financing: Lehman (Reuters)
General Motors Corp will need to raise over $9 billion in financing over the next two years to refinance existing debt and to offset projected cash losses in its auto operations in North America, Lehman Brothers analyst Brian Johnson said on Wednesday.
Midday Leaders & Laggards: DJIA (AP)
Hewlett-Packard Co. shares rebounded Wednesday as the Dow Jones industrial average moved up at midday. The blue chip index advanced 123.68 points to 12,955.86. Helping to lift the stocks was a Labor Department report that showed inflation grew 0.2 percent in April, down from 0.3 percent in March.
Five Things You Need to Know: The Inflation Hysteria (at Minyanville.com)
Are You Turning Down Free Money? (at Motley Fool)
GM recalling 1,200 workers at Ohio SUV plant (AP)
General Motors is recalling about 1,200 employees to work at its sport utility plant in the Dayton suburb of Moraine effective Monday.
GM workers recalled as Axle strike drags on (at bizjournals.com)
GM recalls up to 1,300 laid-off workers at Moraine plant (at bizjournals.com)
Toyota considers new plant for small cars (AP)
Toyota Motor Corp. is considering building a new plant to make low-cost, small cars for emerging markets, a spokeswoman said.
GM needs to raise $9 bln over next 2 years: Lehman (Reuters)
General Motors Corp needs to raise about $9 billion over the next two years to refinance debt, and may seek more for operational cash burn as it faces production headwinds and commodity price increases, Lehman Brothers analyst Brian Johnson said.
Closing the Door to Microsoft Vista (at BusinessWeek)
Yahoo! Finance: GM News
Latest Financial News for GEN MOTORS
Fairfax strike talks continue
General Motors Corp. and United Auto Workers Local 31 resumed talks Wednesday morning about the possibility of ending a strike at the Fairfax Assembly Plant.
Ask TheStreet: Great Earnings, No Price Pop
Here's why you need to look beyond the quarterly earnings report.
The Research Trap
The ultimate marketing battle takes place in the mind, not in a lab.
GM will need over $9 billion in new financing: Le
DETROIT (Reuters) - General Motors Corp will need to raise over $9 billion in financing over the next two years to refinance existing debt and to offset projected cash losses in its auto operations in North America, Lehman Brothers analyst Brian Johnson said on Wednesday.
Fairfax strike talks continue
General Motors Corp. and United Auto Workers Local 31 resumed talks Wednesday morning about the possibility of ending a strike at the Fairfax Assembly Plant.
Workers at GM factory in Ohio prepare to strike
DETROIT (AP) - Workers at a General Motors Corp. metal stamping plant in Ohio have threatened to go on strike Thursday in a dispute over local contract issues, a GM spokesman said Tuesday.
GM faces Thursday strike deadline at Ohio plant
Union workers at a General Motors Corp metal stamping plant in Ohio have set a Thursday deadline for reaching a local contract or walking out on strike, a spokesman for the automaker said on Tuesday.
MSN Money News - GM
News about GM Ord Shs
G.M. Plans to Close Canadian Transmission Plant
News of the closing of the Windsor, Ontario, facility, which produces four-speed transmissions, comes as General Motors is shifting to more fuel efficient six-speed gearboxes.
G.M. to Pay $200 Million to Settle Strike
General Motors said that it had agreed to give as much as $200 million to a parts supplier to help settle a 10-week strike that has reduced or halted production at 32 G.M. factories.
Strike Hits G.M. Plant That Makes a Big Seller
 General Motors workers who build the Chevrolet Malibu, one of G.M.’s most popular and important new vehicles, went on strike Monday at a plant in Kansas.
Empty Nest Egg
 Roger Lowenstein says America’s pension system is in shambles.
As Gas Costs Soar, Buyers Flock to Small Cars
 About one in five vehicles sold in the U.S. in April was a compact or subcompact car, while sales of pickups and S.U.V.’s fell sharply.
Turnaround Under Way, G.M. Is Still Bleeding Cash
 The automaker boosted its sales, but lost $3.25 billion from a bankrupt former parts division, a strike at a major supplier and bad home loans made by its finance arm.
With Demand Slipping for Its Pickups and S.U.V.’s, G.M. Will Lay Off 3,550
General Motors plans to slash production of big trucks and sport utility vehicles by nearly 140,000 units this year, a move that would eliminate assembly shifts at four plants.
Two-Mode Technology: Borrowed From a Bus
To save fuel without sacrificing towing power, General Motors turned to a system first used on transit buses.
Big S.U.V.’s Drink Less
 For 2008, engineers have installed an innovative hybrid system in two of the larger sport utility vehicles from General Motors.
G.M. Says Toyota Has Lead in Global Sales Race
G.M. said its first-quarter sales fell less than 1 percent, leaving it about 160,000 vehicles behind its Japanese rival, whose sales grew 2.7 percent.
Strike Over Local Issues Idles a Key G.M. Plant
About 2,300 members of the U.A.W. union went on strike at a G.M. plant in Michigan, halting production of three popular vehicles that have been bright spots in a dismal market.
A Recluse Lifts the Veil a Little
Stephen A. Feinberg, the reclusive founder of Cerberus Capital Management and the money man some hope will save Detroit, is no Gordon Gekko.
Latest Hitch for Delphi, New Worry for G.M.
A private equity group backed out of a deal to invest $2.55 billion in the auto-parts maker, dealing a blow to General Motors, which relies heavily on Delphi parts.
Auto Sales Are Down Again, but G.M. and Toyota Are Optimistic
Sales for each of the nation’s four largest automakers fell last month, prompting some executives to forecast a gloomy spring, a period that typically posts strong sales.
Parts Maker Talks of Strikebreakers and Labor Abroad
 American Axle and Manufacturing is feeling the pressure from its largest customer, General Motors, to end the monthlong strike.
NYT > General Motors Corporation
For most of the second half of the 20th century, one automobile company dominated the global industry: General Motors. With its traditional brands -- Chevrolet, Pontiac, Oldsmobile, Buick and Cadillac -- it held close to 60 percent of the American car market in 1960, when Detroit auto companies took 90 percent of sales in the United States. But by the 1970s, G.M. was buffeted by issues such as fuel economy, labor unrest and the emergence of Japanese auto companies such as Toyota, Honda and Nissan. As it recovered, it also faced a stiff challenge from its crosstown rival, the Ford Motor Company, whose financial strength after downturns in the early 1980s and 1990s cause some analysts to wonder whether Ford would one day unseat G.M. as the biggest American car company.
That did not happen. But while G.M. was fending off Ford, another automaker was looming ever-closer in its rear-view mirror: Toyota. In fact, in the first half of 2007, Toyota sold more cars than G.M. around the world to take the number one position, despite an expansion by G.M. that focused on China, its second-largest market behind the United States.
Tougher competition was only one of the company's problems. In 2005, G.M. stunned the auto world by losing $10.4 billion (Ford would top that in 2006 with a loss of $12.6 billion) and embarked on a restructuring plan that included plant closings and the elimination of 30,000 jobs. G.M. maintains that its turnaround program is showing results, but it continues to lose market share. And Toyota, which passed Ford to become the number two auto company in the United States in 2007, continues to gain American sales. - Micheline Maynard, July 30, 2007
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