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GM Raises Production
NEW YORK: General Motors is upping production and calling 1,350 of its U.S. and Canadian auto workers back to work due to increased demand for its vehicles.The company said Tuesday it is raising production by about 60,000 vehicles in the third and fourth quarters, in response to the increased sales that accompanied the government’s Cash… »
GM Dealers EBay In California Online Auction Trial
NEW YORK: More than 225 General Motors dealers in California will sell vehicles through the eBay online auction site in a four-week trial, the companies announced Monday. Under the program, which begins Tuesday, consumers will be able to bargain with the dealers for Chevrolet, Buick, GMC and Pontiac cars and trucks from… »
GM To Launch Buick Plug-in SUV In 2011
TRAVERSE CITY, Mich. (Reuters) — General Motors Co. unveiled plans to launch a plug-in SUV for its Buick brand in 2011, its latest move away from gasoline-thirsty vehicles in response to higher fuel-economy standards.The new five-passenger Buick crossover is expected to be the first commercially available plug-in hybrid sport-utility vehicle by a major automaker,… »
GM Global Sales Fall 22 Pct In First Half Of 2009
DETROIT (Reuters) — General Motors Wednesday posted a 22% global sales drop from a year earlier for the first six months of 2009 amid the economic slowdown and the automaker’s slide into bankruptcy.Still, GM global sales improved in the second quarter compared with the first quarter and the automaker’s chief sales analyst said the U.S…. »
GM Hopes To Sell Cars On EBay
NEW YORK: Fresh out of bankruptcy, the new General Motors hopes to soon start selling its whole line of cars on eBay through a pilot program. While the marketing effort would initially be limited to California, it could go national if it proves to be successful, said GM Chief Executive Fritz Henderson at a news… »
GM Clears Final Hurdle To Quick Bankruptcy Exit
NEW YORK: A leaner General Motors is close to starting a new life under government ownership after a judge denied an 11th-hour request Thursday to block the automaker’s quick exit from bankruptcy.In approving the automaker’s restructuring plan late Sunday night, U.S. Bankruptcy Court Judge Robert Gerber gave parties that objected four days to file appeals…. »
GM Bankruptcy Plan Approved By Judge
NEW YORK: General Motors’ plan to emerge from bankruptcy, with a lot of help from the federal government, has been approved by a federal judge. Judge Robert Gerber gave his approval late Sunday after three days of hearings last week, saying it “is the only available means to preserve the continuation of GM’s business.” Under… »
GM Bankruptcy Plan Approved By Judge
NEW YORK: General Motors’ plan to emerge from bankruptcy, with a lot of help from the federal government, has been approved by a federal judge. Judge Robert Gerber gave his approval late Sunday after three days of hearings last week, saying it “is the only available means to preserve the continuation of GM’s business.” Under… »
GM Makes Its Case In Bankruptcy Court For new GM
NEW YORK: General Motors returns to bankruptcy court on Wednesday to seek approval of its plan to restructure and create a “new GM.”The Detroit-based automaker, which filed for court protection on June 1, wants to use bankruptcy to create a new company and shed crushing debt and expensive contracts.Judge Robert Gerber is reconvening for a… »