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- GM gears up factories, balance sheet for future that starts now
General Motors Co., preparing for an initial public offering, is showing a different spirit than the failed behemoth that preceded it: investing in small cars, planning to hire workers and paying obligations early.
Переслать - Chrysler seeking bank loans before possible stock sale in 2011
Chrysler has contacted banks to see whether they may lend money to the company before a possible initial public offering next year, two people familiar with the effort said. Chrysler owes the U.S. and Canadian governments $7.Переслать - GM should suspend 500 dealer closings, 23 lawmakers say
At least 23 Democratic and Republican lawmakers have made a list-ditch request for a suspension of General Motors' plan to terminate 500 dealerships on Sunday.Переслать - Ford's Mustangs will run wild at SEMA
Ford will fill its stable with 11 Mustangs at next month's Specialty Equipment Market Association show.Переслать - GM and OnStar launch mobile apps to access vehicle information
GM and OnStar will offer owners of new 2011 Chevrolet, Buick, Cadillac, and GMC vehicles mobile applications to access their vehicle information and OnStar services from the smartphones starting today.Переслать - Suzuki recalling SX4 to fix side view mirrors
American Suzuki is recalling 69,587 SX4 models because the vehicles' side view mirrors could become unhinged.Переслать - BMW, Mini shuffle marketing ranks
BMW of North America and Mini USA are making personnel changes in their marketing departments. Tom Salkowsky, 40, currently manager of corporate communications for BMW, will become manager of Mini marketing on Dec.Переслать - Election Day bumps sales day -- for some
Next week will bring the first two-day sales day since 2004. At last report, a dozen brands including Hyundai, Subaru and Volkswagen are planning to stick to Tuesday, which is election day in the United States.Переслать - U.S. asks S. Korea to accept auto safety, emissions standards to advance trade pact
The U.S. is asking South Korea to accept American automobile safety and emissions standards in an effort to advance a free-trade agreement, according to three people briefed on the talks. Under the proposal, if American-made automobiles meet U.S.Переслать - Ford CFO Booth: Restoring dividend 'some way off'
Ford has to improve its balance sheet more before restoring common dividends that it canceled four years ago, Chief Financial Officer Lewis Booth said.Переслать
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