GM turning around?
GM has reported significantly improved preliminary first quarter financial results, including a narrower loss and increased revenue over year-ago levels.
US: GM trims losses and reports 14% revenue increase in Q1
20 April 2006
GM has reported significantly improved preliminary first quarter financial results, including a narrower loss and increased revenue over year-ago levels.
US: GM global sales up 4.4% in Q1
20 April 2006
GM has sold more than 2.2m vehicles globally in the first three months of 2006, an increase of 4.4% compared to the same period of 2005.
US: GM exec hints at tough union negotiations ahead
13 April 2006
GM vice-chairman Bob Lutz, speaking to the Swiss-American Chamber of Commerce in New York, has hinted that GM, in its negotiations next year with the United Automobile Workers union, would be asking for significant concessions, the New York Times reported.
US/JAPAN: GM sells Isuzu stake but partnerships continue
11 April 2006
General Motors on Tuesday said it would sell its 7.9% stake in Isuzu Motors to Mitsubishi Corp, Itochu Corp and Mizuho Corporate Bank for about $US300m though the commercial partnership between GM and Isuzu will continue.
US: Wagoner says GM preparing for Delphi strike
11 April 2006
General Motors is stockpiling components in anticipation of possible strike action by Delphi, according to CM chairman and CEO Rick Wagoner in an article on CNNMoney.com.
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