GM ignition-switch death toll climbs to 117
In the latest update, the fund said 354 claims for fatalities and injuries were eligible for compensation out of the total 4,342 claims it had received.
Jun 23, 2015, 22:08 PM IST
GM and FCA line up financial advisers in merger stand-off
GM is being advised by Goldman Sachs, while FCA is working with UBS on the matter, several sources said, with one adding that Morgan Stanley was also working with GM.
Jun 18, 2015, 09:55 AM IST
GM`s Mary Barra brushes off Fiat merger talk
General Motors chief executive Mary Barra brushed off talk of a merger with Fiat Chrysler Automobiles Tuesday, suggesting the top US automaker doesn`t need to boost its size via acquisition.
Jun 10, 2015, 09:54 AM IST
GM's Mary Barra brushes off Fiat merger talk
General Motors chief executive Mary Barra brushed off talk of a merger with Fiat Chrysler Automobiles Tuesday, suggesting the top US automaker doesn`t need to boost its size via acquisition.
Jun 09, 2015, 21:40 PM IST
Judge puts GM ignition-switch lawsuits on ice, for now
A US bankruptcy judge on Wednesday put on hold dozens of lawsuits accusing General Motors Co of concealing an ignition-switch defect while plaintiffs in those cases appeal an earlier ruling that found their cases were barred.
May 28, 2015, 08:38 AM IST
Death toll from defective GM ignition switches rises to 107
Victims' families are being offered compensation of at least USD 1 million each by attorney Kenneth Feinberg, who was hired by GM last year.
May 26, 2015, 08:49 AM IST
'Fiat Chrysler CEO approached GM about a merger, was rebuffed'
Quoting two people with knowledge of the email, the Times said it detailed how global carmakers needed to consolidate to save money and suggested a merged GM and Fiat Chrysler would cut billions of dollars in costs and create an automotive giant.
May 24, 2015, 09:38 AM IST
Probe into GM recall uncovers 'criminal wrongdoing': Report
The report said GM had sought to cooperate with investigators -- in contrast to Toyota which battled prosecutors -- and could earn a "cooperation credit" for its stance on the probe.
May 23, 2015, 15:05 PM IST
General Motors has rolled out 500 million cars
American automobile major General Motors (GM) on Tuesday announced it had manufactured 500 million vehicles globally over the past 106 years - the most by any automaker.
May 05, 2015, 19:11 PM IST
General Motors' sales fall 32% to 3,612 units in April
General Motors India on Friday reported 31.87 percent decline in sales at 3,612 units in April 2015.
May 01, 2015, 15:16 PM IST
GM to spend $5.4 bn on US factories over 3 years, add 650 jobs
General Motors plans to spend USD 5.4 billion to improve its US factories during the next three years, creating about 650 new jobs.
Apr 30, 2015, 23:15 PM IST
GM first-quarter profit misses estimates on South America, Russia weakness
General Motors posted a smaller-than-expected quarterly profit on Thursday on weakness in South America and Russia and a higher tax rate, sending shares down 3.5 percent.
Apr 24, 2015, 02:43 AM IST
Toyota beats VW, GM for top place in global vehicle sales
Volkswagen edged out US automaker General Motors Co., which reported global sales of 2.4 million vehicles earlier this week.
Apr 23, 2015, 18:45 PM IST
GM posts Q1 profit jump that misses expectations
The largest US automaker posted net income of $945 million for the first three months of the year, up nearly eightfold from a year ago.
Apr 23, 2015, 18:01 PM IST
Judge says bankruptcy shields GM from some ignition suits
A US bankruptcy judge ruled Wednesday that General Motors` 2009 bankruptcy shields it from a large number of lawsuits over ignition-switch defects.
Apr 16, 2015, 05:05 AM IST
What excites Bajaj is Harley, not GM
Bajaj said the company can become a global leader in the segment only if it narrows focus as far as products are concerned.
Apr 14, 2015, 18:23 PM IST
Canada sells its multibillion-dollar stake in General Motors
The original 2009 investment was part of the effort to bail out the then-sputtering automaker.
Apr 07, 2015, 10:44 AM IST
Hyundai Motor aims to have autonomous driving tech on market in 2020
Car makers such as Mercedes and General Motors Co as well as technology giants like Google Inc and Apple Inc are already developing driverless vehicles.
Mar 31, 2015, 08:13 AM IST
GM ignition switch death toll rises to 77
An additional 141 injured people also are eligible for compensation.
Mar 30, 2015, 23:09 PM IST
General Motors to shut Russian plant, Opel brand to exit
As a result of the decision to change the business model in Russia, GM said it expects to record net special charges of up to approximately USD 600 million primarily in the first quarter of 2015.
Mar 18, 2015, 19:33 PM IST
