'New GM' pays EUR1 for 'old GM's' transmission plant

General Motors has confirmed it paid a symbolic EUR1 (US$1.32) for the automatic transmission plant in Strasbourg. The automaker signed a deal to take over the gearbox factory with Motors Liquidation Company (MLC) but now has to go through a closing process that could take a further two months to finalise.

FRANCE: GM pays symbolic EUR1 for Strasbourg plant

9 August 2010

General Motors has confirmed it has paid a symbolic EUR1 (US$1.32) for the automatic transmission plant in Strasbourg.

FRANCE: GM obtains reluctant signature from union

29 July 2010

General Motors' plan to acquire the automatic transmission plant in Strasbourg has taken a step closer to fruition.

FRANCE: CGT holds out against Strasbourg signature

27 July 2010

A French union involved in the on-going discussions at General Motors' automatic transmissions plant in Strasbourg says it is holding firm against what it describes as "blackmail."

COMMENT: GM waits as union stalls

26 July 2010

GM is remaining particularly coy today (26 July) concerning the future of the automatic transmission plant in Strasbourg.

FRANCE: GM considers next move as union rejects Strasbourg deal

26 July 2010

General Motors is mulling its next move following refusal by one of the four unions involved with negotiations at its Strasbourg plant to sign a new productivity deal.