General Motors
16:51 :
New GM CEO Receives $9M Pay Package -
General Motors Co will pay new Chief Executive Dan Akerson $9 million in cash salary and stock grants, the U.S. government-owned automaker said Friday.
15:17 :
GM CEO Akerson gets $9 million pay package -
SAN FRANCISCO (MarketWatch) -- General Motors Co. Chief Executive Daniel Akerson will get an annual pay package totaling $9 million, the automaker said Friday in a filing with the Securities and Exchange Commission. Akerson will ...
15:22 :
AP Source: New GM CEO wants automaker to beat BMW -
DETROIT (AP) -- New General Motors CEO Daniel Akerson (AAAK-er-sun) is telling employees that the automaker needs to make cars and trucks that are better than competitors such as BMW....
11:58 :
Taxpayers may face initial loss on GM IPO: sources -
NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
16:22 :
Analyst: GM plans to sell shares on Nov. 18 -
An IPO research firm says it has been told General Motors plans to start trading shares on Nov. 18. IPO Boutique, a firm that researches initial public offerings, says the automaker wants to start a road show to drum up interest ...
22:37 :
GM roadshow to begin after elections: sources -
NEW YORK (Reuters) - Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S. midterm congressional elections, two sources familiar with the plans said on ...
21:32 :
GM IPO reportedly to price Nov. 17 -
SAN FRANCISCO (MarketWatch) -- General Motors Co. plans to start courting investors for its initial public offering of stock immediately after the Nov. 2 U.S. midterm congressional elections and price those shares soon after, according ...
13:45 :
US auto sales turn frail in August -
Auto sales, once a bright spot in the economic recovery, grew fainter last month. General Motors Co.'s August sales fell 7 percent from July, and an even sharper 25 percent from August of 2009, when sales were boosted ...
12:30 :
GM's U.S. Sales Fell 25% in August -
General Motors said its U.S. light-vehicle sales fell 25% from a year earlier, when the government's "cash for clunkers" rebate program had boosted results.
11:11 :
GM August U.S. sales down 24.9% to 185,176 units -
SAN FRANCISCO (MarketWatch) -- General Motors Co. said Wednesday that U.S. sales in August slumped 24.9% to 185,176 vehicles from 246,479 in August 2009. "Last year's Cash for Clunkers program spiked industry sales in 2009, so results ...
00:39 :
Pontiac job fair puts GM cars in the spotlight -
The General Motors Minority Supplier Council and GM Minority Dealers Association, along with Pontiac area churches and the city of Pontiac, rolled out a different type of Dream Cruise today in its downtown business district.
03:39 :
GM mulls 'cornerstone' sales in IPO -sources -
General Motors Co is considering selling a chunk of the carmaker's stock to institutions who would commit to buy and hold major stakes as the company prepares for its initial public offering, people familiar with the discussions ...
17:52 :
Biden: U.S. May Keep GM Stake Beyond This Year -
Vice President Joe Biden reiterated Monday that the U.S. government may maintain an ownership stake in General Motors beyond this year, as the auto maker prepares to return to the stock markets as early as this fall.
01:53 :
GM stock could appeal to brave investors -
(By Bernard Condon, Associated Press) Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and run through four bosses in quick succession just because it's turned a profit for a few months'That is essentially what ...
18:00 :
GM Hires Marketing Executive From Hyundai -
General Motors Co. has tapped Christopher J. Perry to oversee the marketing of the car maker's Chevrolet brand, hiring him away from Hyundai Motor America Inc.
07:52 :
GM's balance sheet draws praise ahead of IPO -
NEW YORK (MarketWatch) -- Peter Bible, partner-in-charge at accounting firm EisnerAmper LLP, said General Motors is now carrying a much stronger balance sheet than its predecessor, based on the company's initial public offering filed ...