John Dansby will become the new plant manager at General Motor Corp.’s Wentzville assembly plant, effective Oct. 1. He is currently manager at GM’s Pontiac (Mich.) assembly plant, which will close in the fourth quarter.
Dansby will replace the current…
BY NICK BUNKLEY
New York Times
DETROIT — General Motors expects to lay off thousands of factory workers after the number who voluntarily quit through a recent buyout and early retirement program fell short of the carmaker’s target.
GM, which…
BY GEORGE FREY AND OLIVER SCHMALE
The Associated Press
FRANKFURT — Germany’s auto industry finds itself on the cusp of increased ownership by foreign investors, with stakes in Porsche AG and Adam Opel GmbH — whose reputations for being German-designed…
General Motors Corp. plans to cut 38 Missouri dealerships and 66 Illinois ones from its ranks, according to a list released today by a U.S. House subcommittee. It did not identify the names of individual dealerships.
The list gives the…
General Motors Corp. plans to cut loose up to 450 more dealers, beyond the 1,124 dealerships it notified two weeks ago, trade publication Automotive News reported. It cited two sources familiar with GM’s strategy.
GM sales chief Mark LaNeve said…
Further job cuts are on the way before June 1 at General Motors Corp., Chief Executive Fritz Henderson said this morning in a conference call with reporters.
“There will be futher reductions in manpower … but we don’t have those…
One of the most talked-about questions at the North American International Auto Show has been when U.S. sales – and the auto industry — will rebound or at the very least, stabilize. Several analysts, including Ford Motor Co.’s U.S. sales analyst…
Democratic leaders in Congress postponed a decision on giving loans to automakers until next month and told the car companies to return with a plan outlining how the money would make the industry viable, media outlets reported this afternoon.…
If Chrysler merges with General Motors or fails altogether, expect to see some vehicle roadkill, Edmunds’ AutoObserver.com predicted this week.
A merger between the two automakers – as media reports say could happen soon – would create massive model overlap and result…
A nine week strike by members of the United Auto Workers union at American Axle Manufacturing & Holdings Inc. may be ending soon, according to a report today from the Detroit Free Press.
Preliminary details have emerged from a potential labor…
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