GM to Close Van Factory In Baltimore
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General Motors Corp. said yesterday that it will shut its 70-year-old van factory in southeast Baltimore next year, confirming a closure that some 1,100 workers have long expected but that state officials had hoped to stave off.
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General Motors Corp., the world&#39;s biggest carmaker, will save 500 million euros ($664 million) annually at its unprofitable European unit after reaching an agreement with unions to cut 11,500 jobs and reorganize.
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General Motors Corp  on Friday  said it had terminated a $4.1 billion standby credit agreement  with a syndicate of banks, saying it had sufficient liquidity  without the borrowing arrangement.
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General Motors is recalling 717,302 minivans because passengers could injure wrists or arms on the power sliding door. The vehicles affected are 1997-2005 Chevrolet Venture, 1997-1999 Pontiac Transport/ Montana
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Workers at a General Motors plant in Bochum, Germany, swallowed their anger over job cuts and voted on Wednesday to end a seven-day stoppage that has disrupted output at three other GM car factories.
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Jaguar's historic Brown's Lane factory in Coventry is to close, Ford has confirmed, with 400 jobs expected to be lost.
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US auto giant General Motors has decided to shut down one of its two mid-size car-making plants in Europe next year, a decision that could force its subsidiary Saab to close operations in Sweden and slash 6,300 jobs, the Swedish metalworkers' union said.
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MUSKEGON, Mich. - Dana Corp. plans to close an iron foundry here by early August, eliminating 240 jobs, employees were told Wednesday.
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US carmaker General Motors says it plans to cut back on production of some large, sport utility vehicles.
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Representatives of General Motors Corp  and the United Auto Workers union closed in on Saturday on a tentative labor agreement that would slash health-care costs for the top U.S. automaker.
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Giant Food is preparing to close five of its older stores in the Maryland suburbs and Northern Virginia to make way for a new generation of ramped-up Super Giant stores.
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General Motors Corp., the world&#39;s biggest carmaker, will save 500 million euros ($664 million) annually after cutting 11,500 jobs and reorganizing its European division.
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DaimlerChrysler AG, the world's largest truck maker, is preparing to lay off 4,000 workers in North America because it expects sales to slump next year.
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General Motors Corp. will stop making the Pontiac Bonneville this summer, saying declining sales and changing customer tastes no longer make the nearly half-century old sedan worthwhile.
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Staff outraged by General Motors&#39; plans to slash up to 12,000 jobs in Europe have stopped work at a plant in Bochum, Germany, its works council said on Friday.
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Dana Corp. plans to close an iron foundry in Muskegon by early August, eliminating 240 jobs, employees were told Wednesday. The Toledo, Ohio-based auto parts maker plans to outsource its piston ring casting
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BOCHUM, Germany  - Thousands of employees at General Motors Corp.'s European factories staged protests Tuesday against the automaker's plan to slash 12,000 jobs across the continent, while a shortage of parts from a striking German plant forced two other factories to stop production.