gm restructuring

We talk a lot about global platforms and global powertrains, but the truly global corporation is much stronger in idea than in practice. General Motors CEO Dan Akerson is the latest to take a stab at creating a truly international company, preparing to stir up the entire organization with ...

General Motors continued to show solid results from its restructuring efforts Wednesday, as the automaker blew past analysts' projections, posting its first quarterly operating profit in global operations since 2004. Operating losses in the critical North American market shrank to $85 million, ...

It looks like General Motors will have no problem meeting its goal of cutting 30,000 jobs in the U.S., according to United Autombile Workers president Ron Gettelfinger.With about a week to go before GM's employee buyout offer expires, about 25,000 UAW members have signed up (around 22 percent of ...

Speaking to General Motors' Annual Meeting of stockholders, the company's Chairman and CEO, Rick Wagoner, was generally upbeat about the progress of GM's restructuring plan, pointing to a profitable first quarter in Europe, strong growth in the Asia Pacific region (particularly China), and rising ...