New GM charts course for eventual turnaround
General Motors continues to defy the laws of natural selection. It is supposed to be the case that an organism that cannot hold out against its rivals and predators, eventually succumbs. GM has not succumbed, and shows no sign of doing so.
GOLDING'S TAKE: Genetically Modified GM
19 November 2009
General Motors continues to defy the laws of natural selection. It is supposed to be the case that an organism that cannot hold out against its rivals and predators, eventually succumbs. GM has not succumbed, and shows no sign of doing so.
GERMANY: Opel Bochum plant to stay open
24 November 2009
General Motors's Bochum plant in western Germany will remain open, a senior official has said.
BELGIUM: GM Europe plan expected this week
23 November 2009
General Motors was expected to present a restructuring plan for Opel and Vauxhall to European Union ministers by the end of the week, the head of the Belgian region of Flanders said on Monday.
GERMANY: Minister urges GM to clarify Opel plans
23 November 2009
Germany's finance minister Wolfgang Schaeuble has pressed General Motors to provide more details of its plans for Opel and said the US-based group was responsible for workers at the European unit.
GERMANY: Opel denies report no plants will shut
20 November 2009
Opel has sought to clarify remarks attributed to GM's acting head of European operations Nick Reilly published by Frankfurter Allgemeine Zeitung (FAZ).
Can Brussels broker a deal?
18 November 2009
I think I said just after GM had decided to hang on to Opel/Vauxhall rather than offload to Magna, that the politics is far from over.
GM's acting head of European ops Nick Reilly is clear...
EU: EU to host Opel/Vauxhall meeting
18 November 2009
The EU Commission has invited General Motors and economic ministers from EU countries with Opel/Vauxhall plants to meet in Brussels on Monday (November 23) to discuss the company's restructuring plans for Europe.
UK: Government aid key to GM European restructuring
18 November 2009
GM's acting head of European operations Nick Reilly has stressed the importance of aid commitments from European governments as GM assesses the restructuring of its European manufacturing footprint.
SWITZERLAND: 'GM Europe' disbanded in reorganisation
18 November 2009
Recent media reports in Germany may have muddied the waters a tad, but General Motors' European reorganisation is a constituent part of GM's broader international reorganisation this year.
US: GM lost over a billion in Q3
16 November 2009
GM says it lost US$1.2bn in the third quarter after its July 10 exit from Chapter 11 bankruptcy in the US and said it would repay government loans early.
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New GM charts course for eventual turnaround
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