Troubled US auto major General Motors said its president and CEO Fritz Henderson has resigned from his position and Ed Whitacre will be the head of the company while an international search for a......
US automaker General Motors' chief executive has apologised for the company's handling of the failed sale of its subsidiary Opel to Canadian manufacturer Magna and Russian investment bank Sperbank.......
Citing better business conditions, US car maker General Motors has scrapped plans to sell its European operations, including Opel, and will initiate restructuring efforts worth billions of dollars......
General Motors is considering to relaunch itself as a more streamlined automaker by mid-July, a month earlier than planned by the company when it filed for bankruptcy protection on June one, says a......
Whether it's employees, plants or brands, General Motors will be boasting smaller numbers, as and when the iconic auto maker steers itself out of bankruptcy. Aiming to bolster its sagging auto......