The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup's India-born chief Vikram Pandit continues to steer the once......
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......