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Category: General MotorsSyndicate content

General Motors will build the next generation of its Vauxhall Astra compact in Britain after workers at its factory in Ellesmere Port, Cheshire, overwhelmingly agreed to a new labour deal.

Saab Automobile, the Swedish carmaker, has filed for bankruptcy after an attempted rescue deal was derailed by its former owners, General Motors.

General Motors has confirmed plans to cut more than 500 jobs from its UK operations.

Dutch auto group Spyker has concluded the deal to buy troubled Swedish car manufacturer.

Swedish car marker Saab is to be wound down after its parent company General Motors was unable to find a buyer.

General Motors is to cut 9,000 jobs across Europe as part of restructuring plans, it has announced.

US car maker General Motors has scrapped its plans to sell its European car manufacturing division, delighting union leaders in the UK.

General Motors has announced that Canadian car parts manufacturer Magna – in a consortium with Shebank – is to acquire the controlling stake in its European subsidiary Opel, which owns Vauxhall. Magna/Sherbank is to purchase a 55 per cent stake in the business, while GM retains 35 per cent and staff share the remaining ten per cent.

General Motors, once the world's biggest company, filed for bankruptcy protection today.

GM listed asset of 82.3 billion dollars and debts of 172.8 billion in the case, assigned to Judge Robert Gerber, in one of the biggest bankruptcy cases in US history.

The future of General Motors, the owner of Vauxhall in the UK, was in the balance today.

Doubts about its viability reappeared after the Obama administration in the US forced the resignation of the company's chief executive and warned that neither it, not beleaguered Chrysler could expect more public bail outs.

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Five Minutes With

Reputation is everything when it comes to running a successful business, according to Sacha Lord-Marchionne and Sam Kandel, founders of the Warehouse Project (WHP), a series of club nights featuring DJs from all over the world, which was launched back in 2006.

It took Richard Shonn, managing director of 151 Products, three years to find a warehouse big enough for his requirements.