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Analyst predicts small auto sales comeback in 2010

The U.S. auto industry will recover only a little next year, weighed down by high unemployment and other troubles that will continue to limit economic growth, a top industry analyst said Monday. Fitch Ratings analyst Mark Oline predicted that ...

From TOM KRISHER, eTaiwan News,  23 Nov 2009

Related Topics: General Motors,  Chrysler,  Fitch Ratings

Old GM reports $100M in losses since July

The company set up to get rid of General Motors Co.'s unwanted assets has lost $100 million since GM emerged from bankruptcy protection in July. Motors Liquidation Co. also said it has assets valued at $1.5 billion and liabilities of $35 billion. ...

From TOM KRISHER, eTaiwan News,  16 Nov 2009

Related Topics: General Motors,  Securities and Exchange Commission

GM says improved quarter shows signs of stability

DETROIT - General Motors, its river of red ink stemmed by a trip through bankruptcy court, reported a narrower quarterly loss and said it would start repaying billions of dollars in government loans that helped keep it alive. ...

From TOM KRISHER, Atlanta Journal Constitution Vendor,  16 Nov 2009

Related Topics: General Motors,  Chevrolet,  U.S. Congress,  John McCain,  New York Stock Exchange

GM posts $1.2-billion quarterly loss

G eneral Motors Co. GM-N says it lost $1.2-billion (U.S.) from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business. The ...

From TOM KRISHER, Globe and Mail,  16 Nov 2009

GM reports $1.2B 3Q loss, says it shows progress

DETROIT - General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. ...

From TOM KRISHER, Atlanta Journal Constitution Vendor,  16 Nov 2009

Related Topics: General Motors

GM needs new Buick Regal, Chevy Cruze to be hits

Two General Motors cars due in showrooms next year must be hits to help the automaker turn around sales and pay back its big debt to U.S. taxpayers. The Buick Regal midsize sedan and Chevrolet Cruze compact, both sold in key segments of the U.S. ...

From TOM KRISHER, Taiwan News,  12 Nov 2009

Related Topics: General Motors,  Buick,  Chevrolet Malibu,  Honda,  University of Illinois

Much riding on two GM launches

DETROIT - Two General Motors cars due in showrooms next year must be hits to help the automaker turn around sales and pay back its big debt to US taxpayers. The Buick Regal midsize sedan and Chevrolet Cruze compact, both sold in key segments of the US ...

From TOM KRISHER, Boston Globe,  11 Nov 2009

Related Topics: Buick,  General Motors,  Chevrolet Malibu,  Honda

GM hopes to get rolling with redesigned Buick Regal

New Chevy Cruze also to debut DETROIT — Two General Motors cars due in showrooms next year must be hits to help the automaker turn around sales and pay back its big debt to U.S. taxpayers. The Buick Regal midsize sedan and Chevrolet Cruze compact, ...

From TOM KRISHER, TwinCities.com,  11 Nov 2009

Related Topics: General Motors,  Chevrolet Malibu,  University of Illinois

GM chief engineer relieved Opel staying with GM

When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer. Engineers with the Ruesselsheim, Germany-based Opel have designed the basics of GM's new ...

From TOM KRISHER, eTaiwan News,  10 Nov 2009

Related Topics: General Motors,  Sberbank,  Magna International, Inc.,  Vauxhall,  Chevrolet

GM says Europe chief Forster to leave post

DETROIT - Carl-Peter Forster, the chief executive of General Motors Europe who runs its struggling Opel unit, will leave the company, GM said Friday. ...

From TOM KRISHER, Atlanta Journal Constitution Vendor,  6 Nov 2009

Related Topics: General Motors,  Vauxhall,  Magna International, Inc.,  Sberbank

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