General Motors in crisis mode?

US: Analyst says GM should have made GMAC investment-grade rating mandatory

General Motors - which on Monday announced the sale of 51% of its auto financing arm GMAC to Cerberus Capital…

US: GM’s role in Delphi bankruptcy filing questioned

GM played an active role in Delphi’s decision to enter bankruptcy proceedings, according to Dow Jones. It cites court papers…

US: GM board has “great confidence” in Wagoner

The board of General Motors expressed "great confidence" on Monday in chief executive Rick Wagoner after approving the sale he…

US: General Motors sells 51% slice of GMAC

General Motors has agreed to sell a 51% controlling interest in finance arm General Motors Acceptance Corp. (GMAC) to a…

US: GM CEO annoyed at unacknowledged progress

General Motors CEO Rick Wagoner has told Newsweek magazine he is particularly annoyed by critical media coverage that fails to…

US: Delphi outlines restructure plan

At a glance: "Dual track" bankruptcy court process beginning on Friday to reject collective bargaining agreements and certain unprofitable General…