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general motors corp.

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    GM completes buy of AmeriCredit, to be called GM Financial
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    General Motors is just about ready to start offering in-house financing once again. Its acquisition of AmeriCredit is complete, pending approval by AmeriCredit's shareholders. The merger is officially effective as of October 1st, 2010 and is an all-cash transaction valued at $3.5 billion. The ...

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    Report: GM suspends production at Flint HD pickup plant over part issue
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    2011 GM HD Trucks - Click above for high-res image gallery
    Just weeks after starting production of the new 2011 heavy-duty pickup trucks at the Flint, MI assembly plant, General Motors suspended work last Thursday to replace a defective component. Engineers found a problem with the unidentified ...

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    Report: U.S. hires lead bank for General Motors IPO
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    The government of the United States may be actively avoiding any direct involvement in the day-to-day management of General Motors, but that doesn't mean it won't have a say when the time comes for the automaker to go public again. According to The Detroit News, the U.S. Department of the ...

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    GM teaming up with NASA to build robots. Suck it, Asimo [w/video]
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    Robonaut 2 by GM and NASA – Click above for high-res image gallery
    Phase three of the robot invasion has begun. Not content to let Honda and Toyota have all the fun, General Motors has gotten into the robot game as well. Working with NASA – all of these planetary takeovers involve ...

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    Report: Asian automakers closing in on 50% share of U.S. auto sales
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    While it may come as no surprise that Asian car companies are constantly gaining market share in the U.S. market, the actual numbers are quite amazing. Ten years ago, companies like Toyota, Honda, Nissan, Hyundai and the rest accounted for a little more than one-quarter of total light-vehicle ...

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    REPORT: General Motor still on track for 2010 IPO
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    While defending the government bailout of America's auto industry, Herb Allison (above), the Treasury Department's assistant secretary for financial stability, said that a General Motors initial public offering is still a go for next year. While Allison still believes it was essential to ...

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    Paging Captain Obvious: Liquidation Motors reportedly tanks in trading
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    The short version: old General Motors is worthless, new General Motors is... well, less worthless. The Securities and Exchange Commission has already warned us that Motors Liquidation Company, the new name for the leftover scraps of GM, is not expected to return any value to stockholders. Despite ...

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    Warren, MI mayor offers GM deal to move headquarters, Detroit officials counter
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    Earlier this month, General Motors CEO Fritz Henderson said in reference to the possibility that the automaker may move its headquarters from Detroit: "We're looking at, frankly, everything within our business, but it's not like we have that queued up at the top of our list. We don't have any such ...

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    GM dealer downsizing could lead to barrage of lawsuits
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    Rock, meet hard place. With General Motors handed a directive from the White House to be ultra-aggressive in its restructuring in order to secure more government loans, the automaker is making cuts everywhere and dealers are far from immune. As reported previously, GM's plan to shrink its retailers ...

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